Cayuga Medical Center At Ithaca
80% goes to programs $0 to raise $100 Growing revenue
Cayuga Medical Center At Ithaca is a 501(c)(3) organization based in Ithaca, New York, registered in 1981, with $426,189,431 in FY2024 revenue. CharityIndex grades it A, and it directs about 80% of spending to programs.
101 Dates Dr, Ithaca, NY, 14850 EIN 22-2325405 Since 1981
Revenue (FY2024)
$426.2M
▲ 26.0% vs prior year
Health median: $840K
Expenses (FY2024)
$418.8M
Net assets
$209.0M
Employees
2,383
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating80% to programs · $0 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 Cayuga Medical Center At Ithaca: 80% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating6 mo reserves · +2% 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 Cayuga Medical Center At Ithaca: 6 mo reserves · +2% margin earns a A 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 Cayuga Medical Center At Ithaca: 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 Cayuga Medical Center At Ithaca: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To deliver the highest quality healthcare in partnership with our community, one person at a time.
What they do
Health career scholarships are awarded to students pursuing a healthcare degrees and emergency funds are provide temporary funds to employees adversely affected by emergent situations. in 2022 scholarships were paid out of the foundation due to increase in foundation restricted funds available for scholarships.
Contact & location
- Address
- 101 Dates Dr, Ithaca, NY, 14850
- City
- Ithaca
- State
- New York
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $182.1M (FY2013) to $426.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $217.8MNet assets $209.0M
Operating margin
1.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$426.8M
Total liabilities
$217.8M
Net assets
$209.0M
Salaries & benefits
$187.3M
45% of expenses
Board members
16
14 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $426,189,431▲26.0% | $418,769,447▲14.7% | $209,042,234▲20.0% | $426,836,305▲12.1% | 990 |
| 2023 | $338,314,879▼1.3% | $365,157,511▲6.8% | $174,167,392▼7.3% | $380,755,220▲24.3% | 990 |
| 2022 | $342,640,134▲5.1% | $342,002,727▲3.9% | $187,944,509▲11.8% | $306,334,753▼6.8% | 990 |
| 2021 | $325,959,403▲17.1% | $329,195,718▲18.3% | $168,089,472▲19.6% | $328,652,418▲3.5% | 990 |
| 2020 | $278,355,205▲3.0% | $278,273,267▲14.6% | $140,599,816▼6.6% | $317,408,433▲17.3% | 990 |
| 2019 | $270,258,668▲9.3% | $242,896,301▲9.0% | $150,610,311▲0.4% | $270,567,416▲2.6% | 990 |
| 2018 | $247,311,669▲14.3% | $222,777,251▲11.0% | $150,076,917▼3.6% | $263,637,669▼0.5% | 990 |
| 2017 | $216,433,545▲9.0% | $200,781,665▲6.2% | $155,653,026▲0.4% | $264,911,114▲1.1% | 990 |
| 2016 | $198,620,181▲6.5% | $189,014,267▲4.0% | $155,015,714▲6.0% | $261,995,416▲1.0% | 990 |
| 2015 | $186,507,209▲6.1% | $181,675,833▲1.8% | $146,287,913▼13.9% | $259,344,620▼6.0% | 990 |
| 2014 | $175,752,177▼3.5% | $178,473,223▲4.7% | $169,847,142▼12.5% | $275,899,511▼8.8% | 990 |
| 2013 | $182,050,361 | $170,428,305▲5.9% | $194,148,762▲14.5% | $302,594,841▲12.7% | 990 |
| 2012 | — | $160,934,299▲5.9% | $169,633,813▲1.8% | $268,551,156▲3.3% | 990 |
| 2011 | — | $152,018,472▲17.9% | $166,599,269▼4.4% | $259,973,185▲2.5% | 990 |
| 2010 | — | $128,917,198 | $174,274,449 | $253,694,380 | 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 (FY2024)
Highest-paid: Martin Stallone — $932,253 (0.22% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Martin Stallone | President | 39 | $932,253 |
| Srisatish Devaptla | Neonatologist | 40 | $528,153 |
| Justin Peter Runke | Vice President | 39 | $453,962 |
| Andreia Pereira De Lima Serra | Vice President | 40 | $450,420 |
| Ramesh Vidavalur | Neonatologist | 40 | $443,283 |
| Tracy Gates | Coo | 39 | $424,400 |
| Jeffery Penoyer | Coo | 39 | $419,368 |
| Michael Berlin | Asst. Vp | 39 | $378,800 |
| John-paul Mead | Director | 1 | $42,207 |
| Tom Livigne | Chair | 1 | $28,750 |
| Sandra Iberger | Director | 1 | $23,000 |
| Brooke Hollis | Director | 1 | $21,500 |
| Laurie Mante | Director | 1 | $20,750 |
| Cris Donovan | Director | 1 | $20,250 |
| Jennifer Whitaker | Director | 1 | $19,500 |
| Yvette Conyers | Director | 1 | $19,250 |
| Paul Streeter | Treasurer | 1 | $18,938 |
| Joel Malina | Director | 1 | $15,250 |
| Melissa Schmidt | Director | 1 | $13,750 |
| Eunice Nayo | Director | 1 | $12,000 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Mayo Collaborative Services | Lab Services | $5,083,048 |
| Meduit Health Services | Outsourced Revenue Cycle | $2,236,844 |
| Howell Labratore & Assoc Inc | Marketing | $1,261,214 |
| Epic Systems Corporation | Software | $1,233,290 |
| Cayuga Ent Head and Neck | Physician Services | $1,119,553 |
Grants received · $91K total
7 grants to Cayuga Medical Center At Ithaca totaling $91K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ayco Charitable Foundation | Medical / public services | 2024 | $20,000 |
| American Cancer Society Inc | Patient support | 2024 | $15,000 |
| American Cancer Society Inc | Patient support | 2024 | $15,000 |
| American Cancer Society Inc | Patient support | 2022 | $15,000 |
| American Heart Association Inc | Stroke programs | 2022 | $8,000 |
| American Heart Association Inc | Stroke programs | 2021 | $8,000 |
| Jewish Communal Fund | General support | 2019 | $10,000 |
Grants made · $39.7M in FY2024
1 grant totaling $39.7M in FY2024. All grants made by Cayuga Medical Center At Ithaca →
| Recipient | Purpose | Amount |
|---|---|---|
| Cayuga Medical Associates PC | Subsidy | $39,736,151 |
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Frequently asked questions
- Is Cayuga Medical Center At Ithaca a legitimate nonprofit?
- Yes. Cayuga Medical Center At Ithaca is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-2325405, based in Ithaca, New York. Donations are tax-deductible.
- What is Cayuga Medical Center At Ithaca's EIN?
- Cayuga Medical Center At Ithaca's Employer Identification Number (EIN) is 22-2325405.
- How much revenue does Cayuga Medical Center At Ithaca report?
- Cayuga Medical Center At Ithaca reported $426,189,431 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Cayuga Medical Center At Ithaca's spending goes to programs?
- Cayuga Medical Center At Ithaca spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Cayuga Medical Center At Ithaca have?
- CharityIndex grades Cayuga Medical Center At Ithaca A, based on program efficiency and fundraising cost.
- How much does Cayuga Medical Center At Ithaca's highest-paid employee make?
- The highest reported compensation on Cayuga Medical Center At Ithaca's latest Form 990 is $932,253, paid to Martin Stallone (President).
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Data for Cayuga Medical Center At Ithaca (EIN 22-2325405) 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.