St Peters Health Partners
71% goes to programs $0 to raise $100
St Peters Health Partners is a 501(c)(3) organization based in Albany, New York, registered in 2013, with $192,928,872 in FY2023 revenue. CharityIndex grades it A, and it directs about 71% of spending to programs.
315 S Manning Blvd, Albany, NY, 12208 EIN 45-3570715 Since 2013
Revenue (FY2023)
$192.9M
▲ 6.5% vs prior year
Health median: $840K
Expenses (FY2023)
$194.7M
Net assets
$94.4M
Employees
450
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
BProgram efficiency40% of the rating71% 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 St Peters Health Partners: 71% to programs · $0 to raise $100 earns a B on this criterion. See the exact thresholds →
AFinancial health25% of the rating6 mo reserves · -1% 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 St Peters Health Partners: 6 mo reserves · -1% 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 St Peters Health Partners: 6 of 6 checks met earns a A+ 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 St Peters Health Partners: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide health care system management and support
Contact & location
- Address
- 315 S Manning Blvd, Albany, NY, 12208
- City
- Albany
- State
- New York
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $47.2M (FY2013) to $192.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $47.0MNet assets $94.4M
Operating margin
-0.9%
Spent more than it raised in the latest fiscal year.
Total assets
$141.4M
Total liabilities
$47.0M
Net assets
$94.4M
Salaries & benefits
$43.1M
22% of expenses
Board members
14
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $192,928,872▲6.5% | $194,666,339▲7.8% | $94,394,624▼27.9% | $141,415,459▼16.5% | 990 |
| 2022 | $181,072,539▲0.3% | $180,622,941▲2.9% | $130,897,193▼22.6% | $169,420,948▼23.6% | 990 |
| 2021 | $180,469,162▼3.1% | $175,518,436▼3.5% | $169,126,580▼34.6% | $221,770,467▼35.0% | 990 |
| 2020 | $186,168,825▲5.7% | $181,917,211▲2.8% | $258,618,343▲24.1% | $341,375,270▲26.9% | 990 |
| 2019 | $176,061,979▲11.6% | $177,009,304▲10.4% | $208,360,688▲19.0% | $269,114,358▲29.6% | 990 |
| 2018 | $157,823,846▲4.8% | $160,396,212▲5.5% | $175,079,243▲11.9% | $207,634,382▲17.3% | 990 |
| 2017 | $150,611,313▼1.6% | $152,049,080▼0.6% | $156,424,513▲24.2% | $177,030,543▲18.8% | 990 |
| 2016 | $153,085,964▲12.1% | $153,008,886▲11.3% | $125,909,697▲59.3% | $148,961,368▲23.4% | 990 |
| 2015 | $136,599,862▲10.1% | $137,446,786▲7.5% | $79,058,706▼7.3% | $120,754,604▲7.0% | 990 |
| 2014 | $124,038,471▲163% | $127,861,332▲150% | $85,244,530▼6.6% | $112,852,435▲1.6% | 990 |
| 2013 | $47,177,476 | $51,175,801▲783% | $91,312,922▲2.7% | $111,035,010▲21.5% | 990 |
| 2012 | — | $5,794,168 | $88,907,568 | $91,354,101 | 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: Michael Burke — $447,017 (0.23% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michael Burke | Chief Medical Officer Cont Care | 33 | $447,017 |
| Denise Mormino | Former Off; Ny Regional Controller | 35 | $187,652 |
| Christopher Jordan | Svp, Hospital Operations | 40 | — |
| Daniel Isacksen | Director; Trinity Health Cfo | 0.5 | — |
| Eric Farrell | Secretary; Assoc Counsel, Ny Region | 30 | — |
| Gary Dake | Director Through 12/23 | 0.5 | — |
| Gina Myers | Director; Sjhhc Consultant | 0.5 | — |
| Guha Bala | Director | 0.5 | — |
| James Reed Md | Former Officer | 0 | — |
| John Marshall | Dir;v Chr Thr 12/23;treas As of 1/24 | 0.5 | — |
| Kathleen Jimino | Dir; Chr As of 1/24; Treas Thr 12/23 | 0.5 | — |
| Kellie Valenti | Sphpma President | 0 | — |
| Kerri Sweet Zavaglia | Director | 0.5 | — |
| Kim Baker | Svp, Hospital Operations | 10 | — |
| Lee Mcelroy Jr | Director | 0.5 | — |
| Lori Santos | Vice President, Support Operations | 35 | — |
| Mark Murphy | Chief Strategy Officer - Ny Region | 35 | — |
| Mary Ann Logiudice Rsm | Director | 0.5 | — |
| Merriette Pollard | Director | 0.5 | — |
| Michael Finegan | Former Ke; Th Consultant As of 1/24 | 0 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Karpa Diem LLC | Consulting Services | $1,589,525 |
| Crosstown Courier Services Inc | Courier Services | $928,829 |
| Maria College | Training Services | $868,150 |
| Sterling | Screening Services | $769,039 |
| Valet Park of America | Valet Services | $655,566 |
Grants received · $379K total
7 grants to St Peters Health Partners totaling $379K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Cancer Society Inc | Patient support | 2024 | $20,000 |
| American Cancer Society Inc | Patient support | 2024 | $10,000 |
| American Cancer Society Inc | Patient support | 2023 | $10,000 |
| Trinity Health Corporation | Community welfare - safety grant | 2023 | $6,535 |
| Trinity Health Corporation | Community welfare - it starts here grant | 2020 | $70,000 |
| Trinity Health Corporation | Community welfare - safety grant | 2019 | $148,034 |
| Trinity Health Corporation | Community welfare - safety grant | 2018 | $114,000 |
Grants made · $163K in FY2023
5 grants totaling $163K in FY2023. All grants made by St Peters Health Partners →
| Recipient | Purpose | Amount |
|---|---|---|
| Boys & Girls Clubs of the Capital Area Inc | Community sponsorship | $65,000 |
| Regional Food Bank of N E Ny Inc | Senior food delivery | $44,900 |
| Albany College of Pharmacy and Health Sciences | Community sponsorship | $30,000 |
| Healthy Capital District Initiative | Community sponsorship | $13,333 |
| Interfaith Partnership For the Homeless | Community sponsorship | $10,000 |
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Frequently asked questions
- Is St Peters Health Partners a legitimate nonprofit?
- Yes. St Peters Health Partners is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 45-3570715, based in Albany, New York. Donations are tax-deductible.
- What is St Peters Health Partners's EIN?
- St Peters Health Partners's Employer Identification Number (EIN) is 45-3570715.
- How much revenue does St Peters Health Partners report?
- St Peters Health Partners reported $192,928,872 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of St Peters Health Partners's spending goes to programs?
- St Peters Health Partners spends about 71% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does St Peters Health Partners have?
- CharityIndex grades St Peters Health Partners A, based on program efficiency and fundraising cost.
- How much does St Peters Health Partners's highest-paid employee make?
- The highest reported compensation on St Peters Health Partners's latest Form 990 is $447,017, paid to Michael Burke (Chief Medical Officer Cont Care).
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Data for St Peters Health Partners (EIN 45-3570715) 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.