Carthage Area Hospital Inc
91% goes to programs $1 to raise $100 Thin reserves Growing revenue
Carthage Area Hospital Inc is a 501(c)(3) organization based in Carthage, New York, registered in 1967, with $89,156,213 in FY2023 revenue. CharityIndex grades it B+, and it directs about 91% of spending to programs.
1001 West St, Carthage, NY, 13619 EIN 15-0622079 Since 1967
Revenue (FY2023)
$89.2M
▲ 13.4% vs prior year
Health median: $840K
Expenses (FY2023)
$90.1M
Net assets
$6.8M
Employees
663
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating91% to programs · $1 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Carthage Area Hospital Inc: 91% to programs · $1 to raise $100 earns a A+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · -1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Carthage Area Hospital Inc: 1 mo reserves · -1% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Carthage Area Hospital Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Carthage Area Hospital Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Provide quality, comprehensive healthcare services, in a community setting.
What they do
Carthage area hospital is proud to operate a full-service sleep center. carthage area hospital's sleep center offers sleep studies four nights a week and staffs a dedicated team of clinicians and sleep disorder experts. the hospital serviced 335 sleep lab patients in 2015.
Contact & location
- Address
- 1001 West St, Carthage, NY, 13619
- City
- Carthage
- State
- New York
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $42.3M (FY2013) to $89.2M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $45.7MNet assets $6.8M
Operating margin
-1.0%
Spent more than it raised in the latest fiscal year.
Total assets
$52.5M
Total liabilities
$45.7M
Net assets
$6.8M
Salaries & benefits
$47.4M
53% of expenses
Board members
10
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $89,156,213▲13.4% | $90,055,340▲13.3% | $6,846,657▼8.8% | $52,546,552▲9.3% | 990 |
| 2022 | $78,608,352▲5.5% | $79,449,667▲14.7% | $7,506,659▼9.1% | $48,059,004▲17.7% | 990 |
| 2021 | $74,478,680▲48.5% | $69,277,716▲23.5% | $8,260,584▲193% | $40,819,042▲10.3% | 990 |
| 2020 | $50,147,243▼10.2% | $56,095,515▲7.6% | $2,821,590▼64.0% | $37,020,576▲26.0% | 990 |
| 2018 | $55,815,631▲9.0% | $52,155,990▲3.2% | $7,827,137▲42.9% | $29,378,905▲15.7% | 990 |
| 2017 | $51,205,025▼1.8% | $50,546,801▲4.5% | $5,478,524▲2.8% | $25,391,502▼9.6% | 990 |
| 2016 | $52,167,409▲19.9% | $48,381,012▲7.1% | $5,330,971▲304% | $28,073,484▲13.8% | 990 |
| 2015 | $43,516,966▲2.0% | $45,160,443▲2.6% | $1,319,236▼58.9% | $24,665,710▼1.3% | 990 |
| 2014 | $42,674,265▲0.9% | $44,019,640▼4.8% | $3,206,300▼40.6% | $24,980,370▼0.7% | 990 |
| 2013 | $42,281,575 | $46,236,253▼0.7% | $5,399,774▼28.0% | $25,166,638▼12.5% | 990 |
| 2012 | — | $46,581,198▼2.5% | $7,496,882▲33.0% | $28,752,788▼13.0% | 990 |
| 2011 | — | $47,783,791▲7.1% | $5,635,040▼63.6% | $33,062,700▼9.5% | 990 |
| 2010 | — | $44,598,536 | $15,501,906 | $36,541,829 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Nata Parnes — $1,394,489 (1.55% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Nata Parnes | Physician | 40 | $1,394,489 |
| Michael Gordon | Chief Medical Officer | 40 | $1,196,014 |
| Bruce Baird | Physician | 40 | $814,295 |
| Peter Vaneenenaam | Physician | 40 | $812,225 |
| Steven Fish | Physician | 40 | $801,661 |
| Howard Huang | Physician | 40 | $737,528 |
| Dr Mirza Ashraf | Director | 1 | $373,910 |
| Hardik Patel | Medical Staff President | 40 | $352,900 |
| Eric Burch | Chief Operating Officer | 40 | $257,476 |
| Morgan Pierce | Director of Finance | 40 | $203,819 |
| Rob Bloom | Former Chief Financial Officer | 0 | $101,370 |
| Adam Fuller | Director | 1 | — |
| Anne Rohr | Director | 1 | — |
| Dale Klock | Vice President | 1 | — |
| Dr Kenneth Fish | Director | 1 | — |
| Gary Rowe | President | 1 | — |
| Jennifer Premo | Director | 1 | — |
| Lawrence Hasseler | Secretary | 1 | — |
| Pattie Earl | Director | 1 | — |
| Richard Duvall | Chief Executive Officer | 20 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Delphi Hospitalist Services | Staffing | $4,122,308 |
| Davin Healthcare Workforce Solutions | Staffing | $3,138,510 |
| Surgicalist of New York PC | Staffing | $3,072,108 |
| Brighton Radiology Associates | Staffing | $1,022,191 |
| Diagnostic & Interventional Radiology | Staffing | $500,365 |
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Frequently asked questions
- Is Carthage Area Hospital Inc a legitimate nonprofit?
- Yes. Carthage Area Hospital Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 15-0622079, based in Carthage, New York. Donations are tax-deductible.
- What is Carthage Area Hospital Inc's EIN?
- Carthage Area Hospital Inc's Employer Identification Number (EIN) is 15-0622079.
- How much revenue does Carthage Area Hospital Inc report?
- Carthage Area Hospital Inc reported $89,156,213 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Carthage Area Hospital Inc's spending goes to programs?
- Carthage Area Hospital Inc spends about 91% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Carthage Area Hospital Inc have?
- CharityIndex grades Carthage Area Hospital Inc B+, based on program efficiency and fundraising cost.
- How much does Carthage Area Hospital Inc's highest-paid employee make?
- The highest reported compensation on Carthage Area Hospital Inc's latest Form 990 is $1,394,489, paid to Nata Parnes (Physician).
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Data for Carthage Area Hospital Inc (EIN 15-0622079) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.