Nuvance Health Medical Practice PC
95% goes to programs $0 to raise $100 Thin reserves Growing revenue
Nuvance Health Medical Practice PC is a 501(c)(3) organization based in Poughkeepsie, New York, registered in 2011, with $247,272,206 in FY2023 revenue. CharityIndex grades it C+, and it directs about 95% of spending to programs.
45 Reade Pl, Poughkeepsie, NY, 12601 EIN 56-2669185 Since 2011
Revenue (FY2023)
$247.3M
▲ 9.6% vs prior year
Health median: $840K
Expenses (FY2023)
$257.6M
Net assets
-$12.8M
Employees
1,146
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 · $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 Nuvance Health Medical Practice PC: 95% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 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 Nuvance Health Medical Practice PC: 0 mo reserves · -4% margin earns a D on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Nuvance Health Medical Practice PC: 5 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 Nuvance Health Medical Practice PC: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To improve the health of every person in our community through the efficient delivery of excellent, innovative and compassionate care.
What they do
To provide multispecialty hospital based health care including oncology, critical care, cardiothoracic surgery, surgical services, ob/gyn, newborn care, and primary physician care to patient in various service areas.
Affiliate revenue is recognized for physician oversight management fees from its supported organizations.
Contact & location
- Address
- 45 Reade Pl, Poughkeepsie, NY, 12601
- City
- Poughkeepsie
- State
- New York
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $60.5M (FY2013) to $247.3M (FY2023) across 9 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $95.8MNet assets -$12.8M
Operating margin
-4.2%
Spent more than it raised in the latest fiscal year.
Total assets
$83.0M
Total liabilities
$95.8M
Net assets
-$12.8M
Salaries & benefits
$201.5M
78% of expenses
Board members
13
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $247,272,206▲9.6% | $257,585,134▲10.2% | -$12,756,765▼284% | $83,036,985▼8.6% | 990 |
| 2022 | $225,713,088▲4.7% | $233,678,514▲9.9% | $6,946,408▼54.0% | $90,840,488▲4.3% | 990 |
| 2021 | $215,491,613▲5.3% | $212,581,382▲4.9% | $15,105,661▲12.6% | $87,065,048▼39.1% | 990 |
| 2020 | $204,738,907▲46.0% | $202,642,787▲27.8% | $13,415,507▲19.3% | $142,888,759▲156% | 990 |
| 2018 | $140,197,251▲37.3% | $158,620,290▲31.4% | $11,242,559▲391% | $55,874,455▲55.3% | 990 |
| 2016 | $102,111,912▲22.6% | $120,748,432▲16.7% | -$3,867,118▼4.6% | $35,972,353▼14.4% | 990 |
| 2015 | $83,302,631▲16.7% | $103,428,219▲19.8% | -$3,696,624▼121% | $42,030,162▲26.8% | 990 |
| 2014 | $71,409,049▲18.1% | $86,310,370▲15.4% | -$1,670,806▲39.3% | $33,140,583▲37.4% | 990 |
| 2013 | $60,477,199 | $74,818,769▲11.8% | -$2,750,756▼342% | $24,111,824▼1.9% | 990 |
| 2012 | — | $66,896,995▲13.6% | -$621,855▼269% | $24,567,615▲1.2% | 990 |
| 2011 | — | $58,894,462▲11.8% | $367,437▲139% | $24,268,660▲84.8% | 990 |
| 2010 | — | $52,689,113 | -$939,325 | $13,130,244 | 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: Abeel A Mangi — $1,668,973 (0.65% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Abeel A Mangi | Physician-clinical | 40 | $1,668,973 |
| Michael H Cho Md | Physician-clinical | 40 | $1,345,301 |
| Paul Wright Md | Physician-clinical | 40 | $1,257,185 |
| Brian Binetti Md | Physician-clinical | 40 | $1,162,550 |
| Susan K Boolbol Md | Physician-clinical | 40 | $1,098,629 |
| Amber Mitchell Md | Director/physician-clinical | 42 | $801,857 |
| Daniel Cruser Md | Director/ Med. Dept. Chief | 42 | $701,631 |
| James Nitzkorski Md | Director/physician-clinical | 42 | $645,025 |
| Shantala Sonnad Md | Vice Chair | 43 | $260,857 |
| Lorraine Allegro-skinner Md | Director/physician-clinical | 42 | $220,551 |
| Aarti Campo Md | Director | 2 | — |
| Brian Wyatt | Secretary & Chief Legal Officer | 2 | — |
| Charles Herrick Md | Director | 2 | — |
| Christopher M Lehrach Md | President/chief Physician Executive | 12 | — |
| Cornelius Ferreira Md | Former Director | 0 | — |
| Craig Serin Md | Director/ Staff Physician | 2 | — |
| Daniel Debarba | Chief Financial Officer; Treasurer | 2 | — |
| Daniel J O'dea Md | Former President Nhmp | 0 | — |
| Denise George | Former Corporate Secretary | 0 | — |
| Patrick Broderick Md | Chair | 3 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Locumtenens Com LLC | Medical Staffing | $4,759,123 |
| Optum Medical Care PC | Medical Staffing | $1,733,939 |
| Womens Cancer Care Assoc LLC | Medical Staffing | $866,727 |
| Hudson Valley Radiologists PC | X-ray Reading | $843,227 |
| Merative Us LP | Medical Technology Services | $266,688 |
Grants received · $65K total
4 grants to Nuvance Health Medical Practice PC totaling $65K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Northwestern University | Support of research activities | 2017 | $12,425 |
| Northwestern University | Support of research activities | 2016 | $11,860 |
| Northwestern University | Support of research activities | 2015 | $21,320 |
| Northwestern University | Support of research activities | 2014 | $19,630 |
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Frequently asked questions
- Is Nuvance Health Medical Practice PC a legitimate nonprofit?
- Yes. Nuvance Health Medical Practice PC is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-2669185, based in Poughkeepsie, New York. Donations are tax-deductible.
- What is Nuvance Health Medical Practice PC's EIN?
- Nuvance Health Medical Practice PC's Employer Identification Number (EIN) is 56-2669185.
- How much revenue does Nuvance Health Medical Practice PC report?
- Nuvance Health Medical Practice PC reported $247,272,206 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Nuvance Health Medical Practice PC's spending goes to programs?
- Nuvance Health Medical Practice PC spends about 95% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Nuvance Health Medical Practice PC have?
- CharityIndex grades Nuvance Health Medical Practice PC C+, based on program efficiency and fundraising cost.
- How much does Nuvance Health Medical Practice PC's highest-paid employee make?
- The highest reported compensation on Nuvance Health Medical Practice PC's latest Form 990 is $1,668,973, paid to Abeel A Mangi (Physician-clinical).
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Data for Nuvance Health Medical Practice PC (EIN 56-2669185) 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.