Bassett Healthcare Network

Organization Overview

Bassett Healthcare Network is located in Cooperstown, NY. The organization was established in 1984. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Bassett Healthcare Network employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bassett Healthcare Network 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 12/2020, Bassett Healthcare Network generated $627.9k in total revenue.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

MISSION STATEMENT: IMPROVING THE HEALTH OF OUR PATIENTS AND THE WELL-BEING OF OUR COMMUNITIES. VISION: THROUGH ADVANCED INTEGRATED CLINICAL SERVICES, EDUCATION, AND RESEARCH, WE ASPIRE TO BE A MODEL OF EXCELLENCE FOR HEALTH, CREATING REMARKABLE PATIENT EXPERIENCES AND BETTER LIVING.BASSETT HEALTHCARE NETWORK IS THE PARENT ORGANIZATION TO THE MARY IMOGENE BASSETT HOSPITAL (D/B/A BASSETT MEDICAL CENTER), A.O. FOX MEMORIAL HOSPITAL, THE O'CONNOR HOSPITAL, BASSETT HOSPITAL OF SCHOHARIE COUNTY (D/B/A COBLESKILL REGIONAL HOSPITAL), LITTLE FALLS HOSPITAL, VALLEY HEALTH SERVICES, INC., VALLEY RESIDENTIAL SERVICES, TRI TOWN REGIONAL HEALTHCARE, FRIENDS OF BASSETT, INC. AND TEMPLETON FOUNDATION PURSUANT TO SECTION 509. THROUGH RESERVE POWERS GIVEN TO THE ORGANIZATION IN THE BYLAWS OF THE SUPPORTED ORGANIZATIONS, THE ORGANIZATION HAS THE POWER TO APPOINT THE DIRECTORS, TRUSTEES, AND PRESIDENTS OF THE SUPPORTED ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BASSETT HEALTHCARE NETWORK (THE NETWORK), IS A NEW YORK BASED TAX-EXEMPT ORGANIZATION THAT IS THE SOLE MEMBER VARIOUS ORGANIZATIONS THAT WORK TOGETHER AS A SINGLE INTEGRATED HEALTHCARE NETWORK TO DELIVER CARE AND SERVICES TO PEOPLE LIVING IN A 5,600 SQUARE MILE REGION COVERING SEVEN COUNTIES OF UPSTATE AND CENTRAL NEW YORK. REVENUE AND EXPENSES FROM THE INVESTMENT ACTIVITIES ARE USED TO SUPPORT THE ADMINISTRATION OF THE HEALTHCARE NETWORK.


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Board, Officers & Key Employees

Name (title)Compensation
Tommy Ibrahim MD
President & CEO
$854,487
Reginald Q Knight
Ccio
$507,220
Paul Swinko
CFO & Treasurer
$492,536
Jeffery Joyner
SVP
$441,750
Paul Uhrig
Secretary
$417,188
Denise Robinson
SVP
$300,166

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Optum Insight
Revenue Cycle & It
$22,047,703
Kpmg
Audit
$120,900
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Investment income $83,197
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $627,948

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Bassett Healthcare Network has recieved totaling $603,000.

Awarding OrganizationAmount
Upmobility Foundation Inc

Little Falls, NY

PURPOSE: GENERAL CHARITABLE PURPOSES

$500,000
Friends Of Bassett Inc

Cooperstown, NY

PURPOSE: SUPPORT

$103,000
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
Fidelity Non-Profit Management Foundation
Boston, MA
$256,876,248
The Bridgespan Group Inc
Boston, MA
$94,948,133
Grhs Foundation Inc
Rochester, NY
$43,275,253
Phoebe Services Inc
Allentown, PA
$32,050,372
Hispanic Federation Inc
New York, NY
$50,097,384
Common Fund For Non-Profit Organizations
Wilton, CT
$274,004,992
Affiliates Risk Management Services Inc
New York, NY
$29,825,362
New Profit Inc
Boston, MA
$77,118,974
Nonprofit Finance Fund
New York, NY
$35,516,704
Npower Inc
Brooklyn, NY
$22,673,461
Program Development Services Inc
Brooklyn, NY
$21,610,144
Project Social Care Head Start
Brooklyn, NY
$20,235,501

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