Health Quest Systems Inc
- Assets
- $272.0m
- Revenue
- $67.0m
- Investments
- $0.0
- Employees
- 1,062
- Location
- Poughkeepsie, NY
- Founding
- 09/1987
- Data as of
- 09/2022
- EIN
- 14-1678068
Organization Overview
Health Quest Systems Inc is located in Poughkeepsie, NY. The organization was established in 1987. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 09/2023, Health Quest Systems Inc employed 1,062 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Health Quest Systems Inc 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 09/2022, Health Quest Systems Inc generated $67.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $68.5m during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (12.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Health Quest Systems Inc has awarded 28 individual grants totaling $517,580. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE THE HEALTH OF EVERY PERSON IN OUR COMMUNITY THROUGH THE EFFICIENT DELIVERY OF EXCELLENT, INNOVATIVE AND COMPASSIONATE CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH QUEST SYSTEMS, INC, IN CONJUNCTION WITH ITS PARENT ORGANIZATION NUVANCE HEALTH, PROVIDES EXECUTIVE AND ADMINISTRATIVE DIRECTION, GIVES SUPPORT, SETS STANDARDS FOR ITS AFFILIATES AND SUBSIDIARIES, ENSURES FINANCIAL SOUNDNESS, AND ESTABLISHES NEW PROGRAMS AND SERVICES CONSISTENT WITH THEIR MISSION. ALL TAX-EXEMPT AFFILIATES SERVE INDIVIDUALS OF ALL INCOME LEVELS AND FOLLOW THE FINANCIAL ASSISTANCE POLICY ESTABLISHED BY HQS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Vice Chairman (to 12/31); Chair (from 01/01) | OfficerTrustee | 3 | $0 |
Name Not Listed Director | OfficerTrustee | 2 | $0 |
Name Not Listed Chair (to 12/31); Director | OfficerTrustee | 3 | $0 |
Name Not Listed President/ceo | OfficerTrustee | 3 | $0 |
Name Not Listed Director; Vice Chair (from 01/01) | OfficerTrustee | 3 | $0 |
Name Not Listed Director (to 12/31) | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Caremount Health Solutions Llc On-call Doctors | 9/29/23 | $2,290,707 |
Remi Holdings Llc Equipment Maintenance | 9/29/23 | $1,577,342 |
Ciox Health Professional Coding | 9/29/23 | $834,618 |
North American Partners In Anesthesia Llp Anesthesia Residency | 9/29/23 | $671,737 |
Deloitte Consulting Llp Consulting Services | 9/29/23 | $400,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $66,163,533 |
| Investment income | $205 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,137 |
| 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 | $66,961,780 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $4,125,494 |
| Compensation of current officers, directors, key employees. | $831,642 |
| Compensation to disqualified persons | $276,923 |
| Other salaries and wages | $26,933,619 |
| Pension plan accruals and contributions | $1,129,146 |
| Other employee benefits | $3,772,913 |
| Payroll taxes | $3,764,660 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,957 |
| Fees for services: Accounting | $14,449 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $155 |
| Fees for services: Other | $11,839,146 |
| Advertising and promotion | $56,573 |
| Office expenses | $628,446 |
| Information technology | $386,940 |
| Royalties | $0 |
| Occupancy | $878,861 |
| Travel | $415,356 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $46,899 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,436,371 |
| Insurance | $9,273 |
| All other expenses | $98,955 |
| Total functional expenses | $68,479,528 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,367,862 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $13,747 |
| Inventories for sale or use | $4,843,804 |
| Prepaid expenses and deferred charges | $413,732 |
| Net Land, buildings, and equipment | $33,366,097 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $227,965,389 |
| Total assets | $271,970,631 |
| Accounts payable and accrued expenses | $11,360,066 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $257,194,082 |
| Total liabilities | $268,554,148 |
| Net assets without donor restrictions | $3,416,483 |
| Net assets with donor restrictions | $0 |
| 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 | $271,970,631 |
Grants Awarded
Over the last fiscal year, Health Quest Systems Inc has awarded $258,790 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
DUTCHESS COUNTY REGIONAL CHAMBER OF COMMERCE PURPOSE: IN SUPPORT OF LOCAL ECONOMY AND BUSINESSES | $35,000 |
SPARROW'S NEST CHARITY PURPOSE: IN SUPPORT OF SERVICES FOR FAMILIES WHO ARE EXPERIENCING THE HARDSHIPS OF A CANCER DIAGNOSIS THROUGH DELIVERY OF MEALS AND SUPPLIES | $25,000 |
FAMILY SERVICES INC PURPOSE: IN SUPPORT OF SERVICES FOR BATTERED WOMEN, CHILDREN & SERVICES FOR LOCAL AT-RISK YOUTH | $25,000 |
AMERICAN CANCER SOCIETY PURPOSE: IN SUPPORT OF CANCER RESEARCH, HEALTH & WELLNESS | $20,000 |
ULSTER COUNTY REGIONAL CHAMBER OF COMMERCE PURPOSE: IN SUPPORT OF LOCAL ECONOMY AND BUSINESSES | $23,500 |
MILES OF HOPE BREAST CANCER FOUNDATION PURPOSE: IN SUPPORT OF LOCAL FAMILIES AFFECTED BY BREAST CANCER DIAGNOSES | $20,000 |