Mvhs Inc
87% goes to programs $0 to raise $100 Strong reserves Growing revenue
Mvhs Inc is a 501(c)(3) organization based in Utica, New York, registered in 2002, with $725,330,926 in FY2024 revenue. CharityIndex grades it A, and it directs about 87% of spending to programs.
111 Hospital Dr, Utica, NY, 13502 EIN 16-1576637 Since 2002
Revenue (FY2024)
$725.3M
▲ 49.3% vs prior year
Health median: $840K
Expenses (FY2024)
$754.6M
Net assets
$438.6M
Employees
4,917
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 · $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 Mvhs Inc: 87% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating7 mo reserves · -4% 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 Mvhs Inc: 7 mo reserves · -4% margin earns a B+ 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 Mvhs 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 Mvhs Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The mission of mvhs and our flagship, wynn hospital, is to deliver premier healthcare to our region, keeping our patients as the focus of all we do.
What they do
Radiology/medical imaging - mvhs medical imaging provides diagnostic and interventional radiology using radiation, sound waves or magnetic fields in medical diagnosis and includes imaging technology such as x-rays, computed tomography (ct), magnetic resonance imaging (mri) and ultrasound. mvhs offers the following medical imaging services at 4 central locations, in addition to those outpatient x-ray services provided at various primary care sites: ct scans, ultrasound, emergency radiology, fluoroscopy, inpatient x-ray, outpatient x-ray, interventional radiology, nuclear medicine, pet scan, digital mammography, 3d mammography, stereotactic and ultrasound breast biopsy and bone density/dexa scan.
Cancer care - at the cancer center, we care for patients who have been diagnosed with a variety of cancers. our personalized approach to care is based on the belief that every patient and their needs are unique. from treatment options to symptom management, the care we provide is individually tailored to each patient. our wide range of services include: symptom management, cancer education, support groups, community resources, clinical trials, hormone therapy, and survivorship.
Laboratory pathology, pharmacy services, clinical and blood, pt, ot, community medicine primary and specialty, cardiac rehab and testing, advanced wound care, level iii trauma care, sleep disorder center
Contact & location
- Address
- 111 Hospital Dr, Utica, NY, 13502
- City
- Utica
- State
- New York
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $278.6M (FY2013) to $725.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $512.9MNet assets $438.6M
Operating margin
-4.0%
Spent more than it raised in the latest fiscal year.
Total assets
$951.6M
Total liabilities
$512.9M
Net assets
$438.6M
Salaries & benefits
$351.4M
47% of expenses
Board members
14
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $725,330,926▲49.3% | $754,627,656▲56.9% | $438,642,831▼5.5% | $951,566,591▼2.3% | 990 |
| 2023 | $485,808,252▲23.8% | $480,980,012▲22.2% | $464,093,932▲172% | $973,979,136▲212% | 990 |
| 2022 | $392,489,419▲7.7% | $393,569,773▲11.6% | $170,806,544▼14.7% | $312,244,691▼7.1% | 990 |
| 2021 | $364,490,898▲11.5% | $352,642,125▲11.7% | $200,135,443▲14.8% | $336,161,577▲7.7% | 990 |
| 2020 | $326,969,280▲5.6% | $315,677,958▼0.3% | $174,337,672▲14.3% | $312,187,526▲16.5% | 990 |
| 2019 | $309,509,024▼1.7% | $316,647,559▲2.0% | $152,555,422▲5.9% | $267,971,086▲6.7% | 990 |
| 2018 | $314,962,914▲4.0% | $310,543,262▲2.3% | $144,067,360▼5.4% | $251,051,992▼3.7% | 990 |
| 2017 | $302,766,033▲3.9% | $303,562,622▲4.5% | $152,309,870▲7.8% | $260,787,709▲3.7% | 990 |
| 2016 | $291,527,230▲2.2% | $290,568,810▲3.5% | $141,226,981▲3.3% | $251,469,563▲2.7% | 990 |
| 2015 | $285,360,905▲1.3% | $280,858,550▲0.4% | $136,678,874▼2.6% | $244,819,264▼6.8% | 990 |
| 2014 | $281,824,483▲1.2% | $279,833,548▼1.0% | $140,351,053▼0.3% | $262,592,131▼2.2% | 990 |
| 2013 | $278,592,654 | $282,754,172▼1.9% | $140,808,943▲1.4% | $268,563,979▼2.9% | 990 |
| 2012 | — | $288,207,312▲0.9% | $138,859,962▲13.9% | $276,712,719▲9.6% | 990 |
| 2011 | — | $285,561,408▲1.0% | $121,919,843▼5.2% | $252,507,338▲1.5% | 990 |
| 2010 | — | $282,760,783 | $128,542,020 | $248,732,499 | 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: Leo P Sullivan Md — $1,683,723 (0.22% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Leo P Sullivan Md | Physician | 50 | $1,683,723 |
| Maurizio A Miglietta Md | Physician | 50 | $1,370,284 |
| Jonathan M Stahl Md | Physician | 50 | $1,194,054 |
| Mark J Crye Md | Physician | 50 | $1,107,860 |
| Darlene Stromstad | President/ceo | 49 | $980,574 |
| Andrew Pellecchia Md | Physician | 50 | $797,807 |
| Sushma Kaul Md | Physician/med Staff Vp | 50 | $769,145 |
| Robert Scholefield | Sr Vp/coo | 0 | $545,564 |
| Louis Aiello | Sr Vp/cfo | 44 | $521,657 |
| Jerome Dayao Dnpmsrnnea-bcccrn-k | Sr Vp/cno | 0 | $467,890 |
| William Lecates Md | Sr Vp/coo | 51 | $250,721 |
| Gary D Zimmer Md | Svp/physician Practice and | 51 | $217,669 |
| Andrew Kowalczyk III | Director | 1 | — |
| Catherine Brownell Phd | Director | 1 | — |
| Catherine Cominsky | Director | 1 | — |
| Domenic P Aiello Md | Secretary | 1 | — |
| Gregory Evans | Chair Emeritus | 1 | — |
| Joan Compson | Director | 1 | — |
| John Brumstead Md | Treasurer | 1 | — |
| Karen Leach | Vice Chairman | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Healthcare Workforce Logistics | Medical Staffing | $19,813,012 |
| Aya Healthcare Inc | Medical Staffing | $14,754,966 |
| Mohawk Valley Anesthesia Group | Anesthesia Services | $13,105,070 |
| Epic Systems Corp | It System | $5,038,841 |
| Prolink | Medical Staffing | $4,174,735 |
Grants received · $407K total
4 grants to Mvhs Inc totaling $407K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Central New York Care Collaborative Inc | Creation of centering pregnancy programs | 2020 | $342,000 |
| Central New York Care Collaborative Inc | Creation of centering pregnancy programs | 2019 | $28,579 |
| Central New York Care Collaborative Inc | Creation of centering pregnancy programs | 2018 | $3,579 |
| Central New York Care Collaborative Inc | Payments for implementing centeringpregnancy program | 2017 | $32,872 |
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Frequently asked questions
- Is Mvhs Inc a legitimate nonprofit?
- Yes. Mvhs Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 16-1576637, based in Utica, New York. Donations are tax-deductible.
- What is Mvhs Inc's EIN?
- Mvhs Inc's Employer Identification Number (EIN) is 16-1576637.
- How much revenue does Mvhs Inc report?
- Mvhs Inc reported $725,330,926 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Mvhs Inc's spending goes to programs?
- Mvhs Inc spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mvhs Inc have?
- CharityIndex grades Mvhs Inc A, based on program efficiency and fundraising cost.
- How much does Mvhs Inc's highest-paid employee make?
- The highest reported compensation on Mvhs Inc's latest Form 990 is $1,683,723, paid to Leo P Sullivan Md (Physician).
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Data for Mvhs Inc (EIN 16-1576637) 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.