Iroquois Healthcare Association Inc
- Assets
- $10.1m
- Revenue
- $1.5m
- Investments
- $4.5m
- Employees
- 16
- Location
- Clifton Park, NY
- Founding
- 02/1963
- Data as of
- 12/2023
- EIN
- 15-0530217
Organization Overview
Iroquois Healthcare Association Inc is located in Clifton Park, NY. The organization was established in 1963. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. As of 12/2023, Iroquois Healthcare Association Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iroquois Healthcare Association 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 12/2023, Iroquois Healthcare Association Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $1.9m during the year ending 12/2023. While expenses have increased by 11.6% per year over the past 9 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.
Since 2020, Iroquois Healthcare Association Inc has awarded 143 individual grants totaling $2,875,252. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SEEK OUT, FOSTER, DEVELOP, COORDINATE AND DIRECT COOPERATIVE ACTIVITIES, JOINT CENTRAL SERVICES AND PROGRAMS OF A MUTALLY BENEFICIAL NATURE AMONG MEMBERS CONSISTING OF HOSPITALS AND HEALTH FACILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADDRESS CRITICAL WORKFORCE SHORTAGES FOR MEMBER ORGANIZATIONS AND CREATE PATHWAYS TO FINANCIAL STABILITY BY PROVIDING SCHOLARSHIPS TO MEMBERS TO FACILITATE LOW-INCOME, DIVERSE CANDITATES TO BECOME LICENSED OR CERTIFIED PROFESSIONALS IN HEALTHCARE. EXPAND VIRTUAL ACUTE CARE TRAINING PROGRAM FOR ENTRY LEVEL ESSENTIAL WORKERS IN HOSPITALS IN UPSTATE NEW YORK. WORK WITH HOSPITALS, HOME CARE AGENCIES, AND OTHERS TO PROMOTE COLLABORATIVE MODELS OF COMMUNITY MEDICINE AND PARAMEDICINE.
SEEK OUT, FOSTER, DEVELOP, COORDINATE AND DIRECT COOPERATIVE ACTIVITIES, JOINT CENTRAL SERVICES AND PROGRAMS OF A MUTUALLY BENEFICIAL NATURE AMONG MEMBERS CONSISTING OF HOSPITALS AND HEALTH CARE FACILITIES. INCLUDES EDUCATIONAL WORKSHOPS, SEMINARS, SURVEYS AND COMMUNICATIONS.
HOSPITAL PREPAREDNESS PROGRAM INCLUDING 1) HEALTH EMERGENCY PREPAREDNESS COALITION, 2) ENGAGE COMMUNITIES AND HEALTH CARE SYSTEMS, 3) STRENGTHEN SURGE MANAGEMENT, AND 4) CRITICAL ASSET SURVEY CONTENT REVIEW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Joyner Director | Trustee | 0.5 | $0 |
Darlene Stromstad Vice Chair | OfficerTrustee | 0.5 | $0 |
Rich Duvall Director | Trustee | 0.5 | $0 |
Robert Corona Director | Trustee | 0.5 | $0 |
Sean Fadale Chair | OfficerTrustee | 0.5 | $0 |
Paul A Milton Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Capitol Hill Management Services Financial Services | 12/30/22 | $349,290 |
Davis & Partners Llc Consultant Services | 12/30/22 | $269,462 |
Healthstream Inc Professional Training | 12/30/22 | $156,337 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $27,850 |
| Related organizations | $0 |
| Government grants | $86,383 |
| All other contributions, gifts, grants, and similar amounts not included above | $800,476 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $914,709 |
| Total Program Service Revenue | $397,871 |
| Investment income | $107,392 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $47,000 |
| Net Gain/Loss on Asset Sales | $15,081 |
| Net Income from Fundraising Events | -$22,002 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,500,494 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $249,720 |
| 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. | $322,533 |
| Compensation of current officers, directors, key employees. | $71,989 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $530,997 |
| Pension plan accruals and contributions | $13,927 |
| Other employee benefits | $79,650 |
| Payroll taxes | $62,296 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,038 |
| Fees for services: Other | $47,641 |
| Advertising and promotion | $7,123 |
| Office expenses | $37,647 |
| Information technology | $4,185 |
| Royalties | $0 |
| Occupancy | $38,189 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $63,080 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $44,024 |
| Insurance | $7,554 |
| All other expenses | $12,791 |
| Total functional expenses | $1,875,410 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $403,126 |
| Savings and temporary cash investments | $420,507 |
| Pledges and grants receivable | $24,174 |
| Accounts receivable, net | $26,824 |
| Loans from Officers, Directors, or Controlling Persons | $1,385 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $19,301 |
| Net Land, buildings, and equipment | $677,031 |
| Investments—publicly traded securities | $3,500,556 |
| Investments—other securities | $4,482,494 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $582,993 |
| Total assets | $10,138,391 |
| Accounts payable and accrued expenses | $124,440 |
| Grants payable | $0 |
| Deferred revenue | $571,100 |
| 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 | $0 |
| Total liabilities | $695,540 |
| Net assets without donor restrictions | $9,442,851 |
| 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 | $10,138,391 |
Grants Awarded
Over the last fiscal year, Iroquois Healthcare Association Inc has awarded $249,720 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
ADIRONDACK HEALTH PURPOSE: SCHOLARSHIP PROGRAM | $8,919 |
ALBANY MEDICAL CENTER PURPOSE: SCHOLARSHIP PROGRAM | $8,919 |
AUBURN HOSPITAL PURPOSE: SCHOLARSHIP PROGRAM | $8,919 |
CANTON-POTSDAM HOSPITAL PURPOSE: SCHOLARSHIP PROGRAM | $8,919 |
ALICE HYDE MEDICAL CENTER PURPOSE: SCHOLARSHIP PROGRAM | $8,919 |
CAYUGA MEDICAL CENTER PURPOSE: SCHOLARSHIP PROGRAM | $8,919 |