Schuyler Hospital Inc
- Assets
- $51.5m
- Revenue
- $37.6m
- Investments
- $0.0
- Employees
- 469
- Location
- Montour Falls, NY
- Founding
- 08/1937
- Data as of
- 12/2022
- EIN
- 15-0533564
Organization Overview
Schuyler Hospital Inc is located in Montour Falls, NY. The organization was established in 1937. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2022, Schuyler Hospital Inc employed 469 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schuyler Hospital 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 12/2022, Schuyler Hospital Inc generated $37.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $43.9m during the year ending 12/2022. While expenses have increased by 2.9% 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
SCHUYLER HOSPITAL IS A 25 BED ACUTE CARE FACILITY WITH CRITICAL ACCESS HOSPITAL STATUS AND 24 HOUR EMERGENCY SERVICES. IT PROVIDES A FULL COMPLEMENT OF HEALTHCARE SERVICES TO THE PUBLIC IN SUPPORT OF THE COMMUNITY NEED FOR HEALTHCARE CLOSE TO HOME, WHICH INCLUDES THE RESIDENTS OF SCHUYLER COUNTY AND ITS SURROUNDING COMMUNITIES. MEDICAL SERVICES IN 2020 INCLUDED 3,729 INPATIENT DAYS, 41,110 LONG TERM CARE DAYS, 189,353 OUTPATIENT PROCEDURES AND 23,092 PHYSICIAN VISITS. IN 2020 SCHUYLER HOSPITAL PROVIDED $116K IN FREE AND REDUCED COST CARE THROUGH ITS CHARITY CARE POLICY AND INCURRED OVER $938K IN BAD DEBT DUE TO THE REMAINING UNINSURED AND INCREASING UNDER-INSURED POPULATION IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHUYLER HOSPITAL IS A 25 BED ACUTE CARE FACILITY WITH CRITICAL ACCESS HOSPITAL STATUS AND 24 HOUR EMERGENCY SERVICES. IT PROVIDES A FULL COMPLEMENT OF HEALTHCARE SERVICES TO THE PUBLIC IN SUPPORT OF THE COMMUNITY NEED FOR HEALTHCARE CLOSE TO HOME, WHICH INCLUDES THE RESIDENTS OF SCHUYLER COUNTY AND ITS SURROUNDING COMMUNITIES. MEDICAL SERVICES IN 2022 INCLUDED 3,823 INPATIENT DAYS, 29,190 LONG TERM CARE DAYS, 198,830 OUTPATIENT PROCEDURES AND 24,404 PHYSICIAN VISITS. IN 2022 SCHUYLER HOSPITAL PROVIDED $123K IN FREE AND REDUCED COST CARE THROUGH ITS CHARITY CARE POLICY AND INCURRED NEARLY $1.1M IN BAD DEBT DUE TO THE REMAINING UNINSURED AND INCREASING UNDER-INSURED POPULATION IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Stallone MD President/ceo Cayuga Medical Center | Trustee | 1 | $0 |
John Collett Cfo/vp | Trustee | 1 | $0 |
Ashraf Sabahat Physician | 40 | $411,961 | |
Rebecca Gould CFO | Officer | 38 | $375,840 |
Jagmohan Singh Physician | 40 | $302,933 | |
Ben Saks Physician | 40 | $304,945 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Trusted Nurse Staffing Llc Nursing Contract Labor | 12/30/22 | $838,147 |
Supplemental Health Care Nursing Contract Labor | 12/30/22 | $419,486 |
Medical Information Technology Inc Software And Support Services | 12/30/22 | $696,642 |
Medical Solutions Llc Nursing Contract Labor | 12/30/22 | $299,857 |
Streeter Associates Inc Contractors | 12/30/22 | $597,705 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $264,298 |
| Government grants | $2,271,227 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,127 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,539,652 |
| Total Program Service Revenue | $37,123,951 |
| Investment income | $500,142 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,126,367 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $37,642,781 |
| 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. | $446,234 |
| Compensation of current officers, directors, key employees. | $412,834 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,093,641 |
| Pension plan accruals and contributions | $411,672 |
| Other employee benefits | $3,809,701 |
| Payroll taxes | $1,456,361 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $115,572 |
| Fees for services: Accounting | $73,565 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $47,974 |
| Advertising and promotion | $291,459 |
| Office expenses | $3,549,752 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $754,499 |
| Travel | $13,128 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,617 |
| Interest | $77,428 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,666,586 |
| Insurance | $249,553 |
| All other expenses | $1,552,786 |
| Total functional expenses | $43,925,331 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $330,531 |
| Savings and temporary cash investments | $898,672 |
| Pledges and grants receivable | $638,126 |
| Accounts receivable, net | $4,339,797 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $790,278 |
| Prepaid expenses and deferred charges | $254,153 |
| Net Land, buildings, and equipment | $22,475,400 |
| Investments—publicly traded securities | $13,375,771 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,377,876 |
| Total assets | $51,480,604 |
| Accounts payable and accrued expenses | $16,256,228 |
| Grants payable | $0 |
| Deferred revenue | $887,170 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $117,033 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,318,643 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $39,324 |
| Total liabilities | $19,618,398 |
| Net assets without donor restrictions | $28,668,462 |
| Net assets with donor restrictions | $3,193,744 |
| 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 | $51,480,604 |