Cornerstone Family Healthcare is located in Cornwall, NY. The organization was established in 1982. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 12/2023, Cornerstone Family Healthcare employed 779 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornerstone Family Healthcare is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Cornerstone Family Healthcare generated $65.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $68.7m during the year ending 12/2022. While expenses have increased by 12.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HEALTHCARE SERVICES TO THE MEDICALLY UNDERSERVED AND THOSE WITHOUT ACCESS TO CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A WIDE RANGE OF HEALTH SERVICES TO A LARGELY MEDICALLY UNDERSERVED POPULATION. IN 2023, WE HAD 187,957 PATIENT VISITS, AND 33,629 COMBINED OASAS METHADONE AND SUBSTANCE ABUSE REHAB VISITS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Amy Ansehl Dnp Fnp-Bc Board Member | Trustee | 1 | $0 |
Andrew Bell Board Member | Trustee | 1 | $0 |
Arethra L Thompson Board Member | Trustee | 1 | $0 |
Charles Walwyn Board Member | Trustee | 1 | $0 |
Cheryl Ross Chair-Elect | OfficerTrustee | 1 | $0 |
Daisy Vale Board Member | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Bioreference Laboratories Inc Lab Services | 12/30/22 | $386,401 |
340b Technologies Administrative | 12/30/22 | $305,358 |
Hudson Valley Perinatal Consulting Pllc Medical Consulting | 12/30/22 | $129,750 |
William Thompson Consulting Work | 12/30/22 | $117,500 |
Cohnreznick Llp Accounting | 12/30/22 | $242,585 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $25,074,053 |
All other contributions, gifts, grants, and similar amounts not included above | $261,717 |
Noncash contributions included in lines 1a–1f | $1,200,115 |
Total Revenue from Contributions, Gifts, Grants & Similar | $25,335,770 |
Total Program Service Revenue | $38,665,246 |
Investment income | $1,023,378 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $92,685 |
Net Gain/Loss on Asset Sales | $24,345 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $65,441,211 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $1,507,666 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,497,525 |
Compensation of current officers, directors, key employees. | $269,555 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $38,764,623 |
Pension plan accruals and contributions | $197,425 |
Other employee benefits | $3,146,082 |
Payroll taxes | $3,358,596 |
Fees for services: Management | $0 |
Fees for services: Legal | $62,848 |
Fees for services: Accounting | $137,836 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,264,107 |
Advertising and promotion | $0 |
Office expenses | $636,067 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $2,071,927 |
Travel | $318,473 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $62,116 |
Interest | $524,261 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,145,853 |
Insurance | $246,298 |
All other expenses | $3,600,407 |
Total functional expenses | $68,706,225 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,078,326 |
Savings and temporary cash investments | $1,831,983 |
Pledges and grants receivable | $3,506,343 |
Accounts receivable, net | $6,318,843 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $672,340 |
Net Land, buildings, and equipment | $35,653,203 |
Investments—publicly traded securities | $0 |
Investments—other securities | $31,259 |
Investments—program-related | $0 |
Intangible assets | $5,607,786 |
Other assets | $2,644,962 |
Total assets | $57,345,045 |
Accounts payable and accrued expenses | $6,192,107 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $14,150,362 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $6,357,932 |
Total liabilities | $26,700,401 |
Net assets without donor restrictions | $26,660,267 |
Net assets with donor restrictions | $3,984,377 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $57,345,045 |