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The Mary Imogene Bassett Hospital

Bassett Medical Center

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 135596796 ✦ Cooperstown, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Mary Imogene Bassett Hospital?

The Mary Imogene Bassett Hospital, also known as Bassetts Medical Center, is a rural academic medical center located in Cooperstown, New York. With a team of over 3,800 employees, they provide a comprehensive range of inpatient and outpatient healthcare services, including open-heart surgeries. Their efforts led to 10,158 hospitalizations, 52,525 patient days, 591,931 clinic visits, 7,268 surgical cases, and 14,709 emergency visits in a given period. The organization is dedicated to delivering top-notch healthcare, educating medical professionals, and engaging in health research.


Official website here: www.bassett.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star Rating

The Mary Imogene Bassett Hospital has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The overall score of 96% is a testament to the organization’s commitment to transparency and responsible financial management, with a focus on maintaining a majority independent board and sound fiscal practices.

The organization excels in various areas, including the independence of its board members, where 89% are independent, and strong oversight through its Audit and Oversight Committee. Furthermore, it demonstrates a low liability to assets ratio and high program expense ratio, indicating that a substantial portion of its funding is directed towards its core programs and services rather than administrative costs.

While the ratings are highly favorable, potential donors and stakeholders should continue to monitor the organization’s financial health and operational performance over time, as these aspects are crucial for sustained positive impact. Overall, The Mary Imogene Bassett Hospital presents itself as a trustworthy and effective nonprofit dedicated to its mission.


This AI summary has been generated from information found on Charity Navigator.

Is The Mary Imogene Bassett Hospital legitimate?

The Mary Imogene Bassett Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Mary Imogene Bassett Hospital submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $348,231,745

For more financial information, click here


Official website here: www.bassett.org

What is the mission statement of The Mary Imogene Bassett Hospital?

The Mary Imogene Bassett Hospital is a rural academic medical center dedicated to delivering exceptional healthcare services, educating professionals, and conducting health research. Committed to excellence, the hospital offers inpatient and outpatient care, resulting in over 10,000 hospitalizations and 52,000 patient days. Additionally, it provides clinic visits, emergency visits, and surgical cases numbering 14,709, 7,268, and 7,268, respectively. By focusing on providing top-tier healthcare, educating medical personnel, and advancing research, the hospital aims to make a significant impact in the medical community.


Official website here: www.bassett.org

Who is the CEO of The Mary Imogene Bassett Hospital?

Tommy Ibrahim is the CEO of The Mary Imogene Bassett Hospital The CEO's salary of The Mary Imogene Bassett Hospital is $0 and their total compensation is $742,362.


Official website here: www.bassett.org

What is the revenue of The Mary Imogene Bassett Hospital?

The Mary Imogene Bassett Hospital's revenue in 2023 was $694,471,179.


Official website here: www.bassett.org

Who are the executives of The Mary Imogene Bassett Hospital and what are their salaries?

The average compensation at The Mary Imogene Bassett Hospital during 2023 was $88,835. There are 3920 employees and 100 volunteers at The Mary Imogene Bassett Hospital.

Here are 24 key members and their salaries (The Mary Imogene Bassett Hospital's CEO's salary is $0 and their total compensation is $742,362):


Jane Forbes Clark (Board Chairman & Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Killackey Md (Vice Chairman & Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter A Franck Md (Vice Chairman & Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert S Hanft (Treasurer & Trusee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Marietta (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Bullis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald R Bordley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Fulmer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Hamilton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Michael Moffat (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Nickerson Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Patrick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Moore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Quest Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Vladeck Phd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Willies (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommy Ibrahim (President & Ceo)
  • Compensation: $0
  • Related: $709,126
  • Other: $33,236
Paul Swinko (Cfo)
  • Compensation: $0
  • Related: $489,022
  • Other: $13,800
Staci Thompson (Evp/Coo)
  • Compensation: $0
  • Related: $311,722
  • Other: $7,124
Alfred Tinger (Attending Physician)
  • Compensation: $782,807
  • Related: $0
  • Other: $30,236
Dhananjai Menzies (Attending Physician)
  • Compensation: $1,333,062
  • Related: $0
  • Other: $35,335
Timothy Korytko (Attending Physician)
  • Compensation: $780,004
  • Related: $0
  • Other: $29,996
Wt Huntsman (Division Chief Plastic Surgery)
  • Compensation: $796,884
  • Related: $0
  • Other: $34,839
Mun Hong (Attending Physician)
  • Compensation: $1,027,716
  • Related: $0
  • Other: $30,570


Official website here: www.bassett.org

Where can I find the form 990 for The Mary Imogene Bassett Hospital?

The Mary Imogene Bassett Hospital's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.bassett.org

Learn more at the official website: www.bassett.org

Mission Statement of The Mary Imogene Bassett Hospital

The Mary Imogene Bassett Hospital is a rural academic medical center, dedicated to delivering exceptional healthcare services to its patients. Committed to both practice and theory, this institution is not only a provider of inpatient and outpatient care but also an educator of physicians and other healthcare professionals and a pioneer in health research. Thousands of hospitalizations, patient days, and clinic visits, as well as numerous emergency visits and surgical cases, are evidence of the center's unwavering dedication to its mission.

At the heart of The Mary Imogene Bassett Hospital lies a steadfast determination to provide excellence in healthcare services. Each day, this commitment is brought to life through the care given to the multitude of patients who seek their assistance. From open-heart surgeries to routine clinic visits, the hospital's team of healthcare professionals delivers top-tier care, ensuring each person receives the attention they need to improve their health.

In addition to its primary healthcare services, The Mary Imogene Bassett Hospital is a beacon of knowledge within the medical field. It is a place where future generations of physicians and other healthcare professionals are shaped and prepared to carry on the legacy of providing excellent care and advancing medical knowledge. Through rigorous education and research, the hospital plays a vital role in expanding the horizons of the healthcare community.

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Impact




October, 2024

The Mary Imogene Bassett Hospital significantly impacts community health through its comprehensive medical services and educational endeavors. Located in Cooperstown, NY, this rural academic medical center facilitates high-quality inpatient and outpatient care. In the last year alone, it has managed over 10,158 hospitalizations, including complex procedures such as open-heart surgeries, and provided crucial care through 52,525 patient days.

The hospital also serves as a vital resource in emergency situations, with 14,709 emergency visits. In addition to surgical care, which accounted for 7,268 cases, the hospital supports ongoing health needs through 591,931 clinic visits, showcasing its commitment to accessible healthcare for the community.

Beyond immediate patient care, the Mary Imogene Bassett Hospital plays a critical role in educating future healthcare professionals, ensuring a well-trained workforce. Its dedication to health research further enhances its impact, contributing to advancements in medical knowledge and practices that benefit both the local population and the broader health landscape.




This information is meant to be a general summary of The Mary Imogene Bassett Hospital. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$694,471,179 (2023)
Expenses
$733,107,689 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $731,246
  • Program Service Revenue: $655,654,533
  • Gross Receipts: $694,471,179

Assets and Liabilities:

  • Total Assets: $369,559,635
  • Total Liabilities: $167,164,699
  • Net Assets: $202,394,936

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DIRECT PATIENT SERVICE REVENUE

Revenue

$612,034,913

OTHER PATIENT SERVICE REVENUE

Revenue

$43,619,620

Organization Details

Founding Year

1921

Principal Officer

Staci Thompson

NTEE Category

Code: E220 - Health

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