Hudson Headwaters Health Network
87% goes to programs $5 to raise $100 Strong reserves Growing revenue
Hudson Headwaters Health Network is a 501(c)(3) organization based in Queensbury, New York, registered in 1982, with $226,820,926 in FY2024 revenue. CharityIndex grades it A, and it directs about 87% of spending to programs.
9 Carey Rd, Queensbury, NY, 12804 EIN 14-1628237 Since 1982
Revenue (FY2024)
$226.8M
▲ 13.6% vs prior year
Health median: $840K
Expenses (FY2024)
$187.6M
Net assets
$195.3M
Employees
1,284
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating87% to programs · $5 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 Hudson Headwaters Health Network: 87% to programs · $5 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating12 mo reserves · +17% 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 Hudson Headwaters Health Network: 12 mo reserves · +17% 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 Hudson Headwaters Health Network: 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 Hudson Headwaters Health Network: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Fqhc - our mission is to provide the best health care and access to that care for everyone in our communities.
What they do
Hudson headwaters health network has depended on the 340b program to fulfill its mission by maintaining crucial health care services and responding to the growing needs of our region. the 340b program financially supports critical services that meet the diverse needs of our communities, including preventive care, obstetrics and gynecology services, dental care, behavioral health support and more. the 340b program also helps the network to offer medication discounts, like rxassist, and financial assistance programs for eligible patients. in addition to maintaining and improving its current locations, the network has used the 340b program to expand services and open new locations; each site is built in response to the current and anticipated health care needs of the region. together, new locations, expanded services and enhanced access ensure that people, at every stage and every age, have the resources they need to maintain and improve their health.
Contact & location
- Address
- 9 Carey Rd, Queensbury, NY, 12804
- City
- Queensbury
- State
- New York
- Category
- Health Care
- Subcategory
- Health Care Financing
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $63.7M (FY2013) to $226.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $50.4MNet assets $195.3M
Operating margin
17.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$245.7M
Total liabilities
$50.4M
Net assets
$195.3M
Salaries & benefits
$111.3M
59% of expenses
Board members
11
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $226,820,926▲13.6% | $187,590,554▼5.6% | $195,345,763▲26.2% | $245,719,183▲12.4% | 990 |
| 2023 | $199,744,193▲7.1% | $198,777,619▲28.4% | $154,843,643▲2.1% | $218,686,110▲15.3% | 990 |
| 2022 | $186,493,681▲15.3% | $154,811,450▲11.8% | $151,730,510▲24.8% | $189,586,630▲16.4% | 990 |
| 2021 | $161,688,562▲20.9% | $138,466,209▲12.0% | $121,609,702▲23.6% | $162,853,955▲29.4% | 990 |
| 2020 | $133,764,880▲5.4% | $123,684,669▲12.3% | $98,387,349▲11.4% | $125,870,296▼0.5% | 990 |
| 2019 | $126,960,906▲14.1% | $110,148,570▲8.8% | $88,345,537▲23.5% | $126,491,390▲21.7% | 990 |
| 2018 | $111,297,852▲3.5% | $101,218,974▲8.2% | $71,527,907▲15.9% | $103,944,765▲10.5% | 990 |
| 2017 | $107,512,123▲13.5% | $93,580,797▲9.2% | $61,697,772▲26.5% | $94,044,254▲27.7% | 990 |
| 2016 | $94,703,181▲9.7% | $85,677,259▲9.3% | $48,766,446▲16.3% | $73,659,647▲16.4% | 990 |
| 2015 | $86,338,400▲8.2% | $78,376,610▲15.7% | $41,940,524▲23.4% | $63,307,812▲35.9% | 990 |
| 2014 | $79,794,426▲25.2% | $67,727,084▲16.1% | $33,978,734▲55.1% | $46,575,715▲46.9% | 990 |
| 2013 | $63,728,441 | $58,317,866▲13.7% | $21,911,392▲32.8% | $31,703,996▲17.0% | 990 |
| 2012 | — | $51,276,449▲13.8% | $16,500,817▲22.4% | $27,101,441▲4.7% | 990 |
| 2011 | — | $45,051,864▲10.5% | $13,476,883▲40.1% | $25,872,941▲10.8% | 990 |
| 2010 | — | $40,765,419 | $9,620,880 | $23,360,629 | 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: Nicholas Rebmann — $827,335 (0.44% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Nicholas Rebmann | Ceo - Hh 340b, LLC | 40 | $827,335 |
| David T Slingerland Md | Ceo | 28.8 | $732,130 |
| Christopher Tournier | Outgoing Cfo | 1.3 | $602,840 |
| William Borgos Md | Cmo | 40 | $510,278 |
| Thomas Portuese Md | Physician | 40 | $460,000 |
| Kevin Gallagher Md | Cmio | 40 | $427,431 |
| William Parker Md | Physician | 40 | $424,500 |
| Suzanne Bergin Md | Physician | 40 | $402,642 |
| Patti Hammond | Coo | 40 | $388,381 |
| Susan Corney | Evp Human Resources | 38.8 | $375,386 |
| Laura Pasco | Cfo | 38.8 | $343,193 |
| Kimberly Barron | Vp of Operations - Hh 340b LLC | 40 | $254,174 |
| Kristin Kruzikas | Vp of Finance - Hh 340b, LLC | 40 | $247,331 |
| Bruce Carr | Outgoing Board Member | 1 | — |
| Christine Rowe-button Md | Secretary | 1 | — |
| Darren Woods | Board Member | 1 | — |
| Deana Ketchum | Board Member, At Large | 1 | — |
| Donna Nichols | Board Chair | 1 | — |
| Harry Robinson | Outgoing Board Member | 1 | — |
| James J Morris IV | Treasurer | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Bast Hatfield Construction LLC | Construction | $8,087,743 |
| Athenahealth | Emr System | $4,728,555 |
| North Country Janitorial | Cleaning Service | $1,581,036 |
| Adirondack Technical Services Inc | Contracting Services | $1,318,462 |
| Ropes & Gray LLP | Legal Consultant | $977,618 |
Grants received · $3.7M total
38 grants to Hudson Headwaters Health Network totaling $3.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $8,050 |
| University of Vermont Medical Center Inc | Community health improvement | 2022 | $300,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $10,550 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2022 | $10,000 |
| Mvp Health Plan Inc | Donation to support food as medicine program | 2022 | $7,500 |
| Donor Advised Charitable Giving | Health | 2022 | $6,200 |
| University of Vermont Medical Center Inc | Community health improvement | 2021 | $350,000 |
| Donor Advised Charitable Giving | Health | 2021 | $55,200 |
| Jewish Communal Fund | General support | 2021 | $25,000 |
| Porter Hospital Inc Hcsr | Community health improvement | 2021 | $14,700 |
| The University of Vermont Health Network Inc | Community health improvement | 2020 | $400,000 |
| University of Vermont Medical Center Inc | Community health improvement | 2020 | $89,468 |
| Direct Relief | Covid19-us | 2020 | $50,000 |
| Direct Relief | Covid19-us | 2020 | $50,000 |
| Direct Relief | Covid19-us | 2020 | $50,000 |
Grants made · $1.3M in FY2024
5 grants totaling $1.3M in FY2024. All grants made by Hudson Headwaters Health Network →
| Recipient | Purpose | Amount |
|---|---|---|
| Hudson Headwaters Pace Inc | Support for program of all-inclusive care for the elderly ("pace") | $1,230,000 |
| Ticonderoga Revitalization Alliance Inc | To support the ticonderoga childcare endowment fund. | $50,000 |
| Rural Law Center of New York Inc | Provide assistance and resources to families and individuals residing in the adirondack region with filing bankruptcy, debtor education and credit counseling. clinics and workshops will also be provided on "know your rights and fraud prevention. | $15,000 |
| Joint Council For Economic Opportunity of Clinton & Franklin | Emergency aid to alice (asset limited, income constrained, employed) households navigating unexpected crises to foster financial stability. | $15,000 |
| Adkactionorg Inc | A pilot short term rental conversion toolkit and incentive program that empowers interested property owners with the tools and support needed to help "unlock" immediate housing stock in the adirondacks. | $10,000 |
Similar organizations in Health
Health
Kenmore Mercy Hospital
Buffalo, NY
$225.4M
Aannual revenue
- Health
Stony Brook Internists P C
Stony Brook, NY
$218.5M
C+annual revenue
Health
Northern Dutchess Hospital
Rhinebeck, NY
$218.4M
A+annual revenue
Health
The Frederick Ferris Thompson Hospi Tal
Canandaigua, NY
$236.1M
Aannual revenue
Health
Auburn Community Hospital
Auburn, NY
$215.1M
Aannual revenue
Health
True North Medical Group PC
Westbury, NY
$212.3M
B+annual revenue
Health
Olean General Hospital
Olean, NY
$211.0M
B+annual revenue
Health
Corning Hospital
Corning, NY
$208.6M
Aannual revenue
Nuvance Health Medical Practice PC
Poughkeepsie, NY
$247.3M
C+annual revenue
Sports Physicaltherapy Occupational Therapy and Rehabilitation Service
Westbury, NY
$198.9M
Aannual revenue
Compare Hudson Headwaters Health Network
Frequently asked questions
- Is Hudson Headwaters Health Network a legitimate nonprofit?
- Yes. Hudson Headwaters Health Network is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 14-1628237, based in Queensbury, New York. Donations are tax-deductible.
- What is Hudson Headwaters Health Network's EIN?
- Hudson Headwaters Health Network's Employer Identification Number (EIN) is 14-1628237.
- How much revenue does Hudson Headwaters Health Network report?
- Hudson Headwaters Health Network reported $226,820,926 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Hudson Headwaters Health Network's spending goes to programs?
- Hudson Headwaters Health Network spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Hudson Headwaters Health Network have?
- CharityIndex grades Hudson Headwaters Health Network A, based on program efficiency and fundraising cost.
- How much does Hudson Headwaters Health Network's highest-paid employee make?
- The highest reported compensation on Hudson Headwaters Health Network's latest Form 990 is $827,335, paid to Nicholas Rebmann (Ceo - Hh 340b, LLC).
More nonprofits in Queensbury
Explore more
Data for Hudson Headwaters Health Network (EIN 14-1628237) 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.