Garnet Health Doctors PC
95% goes to programs Thin reserves Declining revenue
Garnet Health Doctors PC is a 501(c)(3) organization based in Middletown, New York, registered in 2015, with $66,856,280 in FY2024 revenue. CharityIndex grades it C+, and it directs about 95% of spending to programs.
707 E Main St, Middletown, NY, 10940 EIN 37-1743537 Since 2015
Revenue (FY2024)
$66.9M
▼ 3.9% vs prior year
Health median: $840K
Expenses (FY2024)
$86.6M
Net assets
-$26.2M
Employees
409
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
C+Program efficiency40% of the rating95% to programs
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 Garnet Health Doctors PC: 95% to programs earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -30% 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 Garnet Health Doctors PC: 0 mo reserves · -30% margin earns a D on this criterion. See the exact thresholds →
BGovernance25% of the rating4 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 Garnet Health Doctors PC: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Garnet Health Doctors PC: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Delivery of primary care and numerous specialty medical care services to patients in the hudson valley of new york. our mission is to improve the health of our community.
Contact & location
- Address
- 707 E Main St, Middletown, NY, 10940
- City
- Middletown
- State
- New York
- Category
- Health Care
- Subcategory
- Health Support Services
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $24.0M (FY2015) to $66.9M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $59.2MNet assets -$26.2M
Operating margin
-29.6%
Spent more than it raised in the latest fiscal year.
Total assets
$33.0M
Total liabilities
$59.2M
Net assets
-$26.2M
Salaries & benefits
$62.0M
72% of expenses
Board members
2
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $66,856,280▼3.9% | $86,627,450▲5.7% | -$26,231,804▼58.0% | $32,977,548▼6.2% | 990 |
| 2023 | $69,598,965▼13.6% | $81,939,516▼3.2% | -$16,603,544▼207% | $35,143,227▼29.3% | 990 |
| 2022 | $80,513,518▼0.8% | $84,663,692▲4.3% | -$5,403,853▼288% | $49,674,730▼1.0% | 990 |
| 2021 | $81,156,131▲5.3% | $81,156,131▲5.3% | -$1,392,495▲9.0% | $50,171,701▲72.9% | 990 |
| 2020 | $77,092,624▲20.5% | $77,092,624▲20.5% | -$1,529,614▲7.6% | $29,014,072▲5.6% | 990 |
| 2019 | $63,981,217▲16.8% | $63,981,217▲16.8% | -$1,656,129▲5.2% | $27,469,134▲84.0% | 990 |
| 2018 | $54,781,666▲13.2% | $54,781,666▲13.2% | -$1,747,232▲5.7% | $14,926,397▲172% | 990 |
| 2017 | $48,378,362▲39.6% | $48,378,362▲34.7% | -$1,853,399▲0.7% | $5,480,414▲6.4% | 990 |
| 2016 | $34,665,605▲44.6% | $35,917,256▲45.7% | -$1,865,631▼204% | $5,152,161▲20.6% | 990 |
| 2015 | $23,978,753 | $24,658,719 | -$613,980 | $4,271,536 | 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: Raghuram Gorti — $1,147,428 (1.32% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Raghuram Gorti | Physician | 40 | $1,147,428 |
| Jose Toro Md | Physician | 40 | $931,955 |
| Emmanuel Nketiah | Physician | 40 | $867,397 |
| Paramjeet Singh | Physician | 40 | $769,433 |
| Samuel Abourbih | Physician | 40 | $727,575 |
| Gerard J Galarneau Md | Director, Secretary, Treasurer | 40 | $664,094 |
| Gerard Dunlavey | Former Executive Director | 0 | — |
| Izabela Nowosielski | Director, President & Chief Medical Officer of Ghd and Ghuc | 40 | — |
| James Grigg | Chief Financial Officer | 10 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Dr Wanted Com LLC | Temporary Staffing | $1,798,980 |
| Jackson and Coker Locum Tenens LLC | Temporary Staffing | $1,463,221 |
| Weatherby Locums Inc | Temporary Staffing | $1,234,010 |
| Medi Metrix LLC | Collection Agency | $1,177,164 |
| Inderpal Singh Md | Physician Services | $454,255 |
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Frequently asked questions
- Is Garnet Health Doctors PC a legitimate nonprofit?
- Yes. Garnet Health Doctors PC is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 37-1743537, based in Middletown, New York. Donations are tax-deductible.
- What is Garnet Health Doctors PC's EIN?
- Garnet Health Doctors PC's Employer Identification Number (EIN) is 37-1743537.
- How much revenue does Garnet Health Doctors PC report?
- Garnet Health Doctors PC reported $66,856,280 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Garnet Health Doctors PC's spending goes to programs?
- Garnet Health Doctors PC spends about 95% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Garnet Health Doctors PC have?
- CharityIndex grades Garnet Health Doctors PC C+, based on program efficiency and fundraising cost.
- How much does Garnet Health Doctors PC's highest-paid employee make?
- The highest reported compensation on Garnet Health Doctors PC's latest Form 990 is $1,147,428, paid to Raghuram Gorti (Physician).
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Data for Garnet Health Doctors PC (EIN 37-1743537) 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.