St Peters Health Partners Medical Associates PC
93% goes to programs $0 to raise $100 Thin reserves Growing revenue
St Peters Health Partners Medical Associates PC is a 501(c)(3) organization based in Albany, New York, registered in 2015, with $288,276,979 in FY2023 revenue. CharityIndex grades it C+, and it directs about 93% of spending to programs.
315 S Manning Blvd, Albany, NY, 12208 EIN 46-1177336 Since 2015
Revenue (FY2023)
$288.3M
▲ 11.1% vs prior year
Health median: $840K
Expenses (FY2023)
$314.8M
Net assets
-$154.2M
Employees
1,816
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 rating93% 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 Medical Associates PC: 93% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -9% 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 Medical Associates PC: 0 mo reserves · -9% 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 St Peters Health Partners Medical Associates 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 St Peters Health Partners Medical Associates PC: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide health care services
Contact & location
- Address
- 315 S Manning Blvd, Albany, NY, 12208
- City
- Albany
- State
- New York
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $83.3M (FY2013) to $288.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $250.8MNet assets -$154.2M
Operating margin
-9.2%
Spent more than it raised in the latest fiscal year.
Total assets
$96.5M
Total liabilities
$250.8M
Net assets
-$154.2M
Salaries & benefits
$263.7M
84% of expenses
Board members
16
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $288,276,979▲11.1% | $314,795,959▲12.0% | -$154,236,919▼34.1% | $96,549,646▲4.8% | 990 |
| 2022 | $259,489,711▲17.6% | $281,142,729▲19.6% | -$115,058,654▼12.4% | $92,103,725▲25.4% | 990 |
| 2021 | $220,691,254▲54.1% | $235,089,360▲23.2% | -$102,347,264▼51.0% | $73,419,665▲14.8% | 990 |
| 2020 | $143,209,123▲17.4% | $190,875,602▲7.5% | -$67,786,744▼50.2% | $63,947,656▲40.2% | 990 |
| 2019 | $121,937,651▲0.6% | $177,538,933▲4.7% | -$45,117,113▼88.2% | $45,597,114▲42.6% | 990 |
| 2018 | $121,257,461▲21.3% | $169,599,918▲11.2% | -$23,970,030▼32.9% | $31,974,127▲43.9% | 990 |
| 2017 | $99,952,352▼3.0% | $152,464,536▲3.1% | -$18,029,809▼142% | $22,217,393▼18.6% | 990 |
| 2016 | $103,011,073▼1.3% | $147,839,152▲6.4% | -$7,463,757▼175% | $27,303,343▼3.0% | 990 |
| 2015 | $104,322,538▲4.9% | $138,978,554▲9.0% | $9,965,962▲8.1% | $28,156,511▲5.8% | 990 |
| 2014 | $99,471,170▲19.4% | $127,491,212▲20.9% | $9,221,138▲175% | $26,619,263▲4.8% | 990 |
| 2013 | $83,281,939 | $105,445,005 | -$12,270,214 | $25,404,040 | 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: Soon Park Md — $1,303,238 (0.41% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Soon Park Md | Chief of Cardiac Surgery | 50 | $1,303,238 |
| Kyril Choumarov Md | Physician - Thoracic Surgery | 50 | $1,222,028 |
| John Taggert Md | Director As of 1/24; Physician | 50 | $1,210,768 |
| Kathleen Ozsvath Md | Physician - Vascular Surgery | 50 | $1,207,449 |
| Yaron Sternbach Md | Dir; Physician - Vascular Surgery | 50 | $1,201,887 |
| Vardan Amirbekian Md | Dir; Chr; Phys-diagnostic Radiology | 49 | $1,163,072 |
| Dennis Rassias Md | Physician - Thoracic Surgery | 50 | $1,128,969 |
| Jonah Marshall Md | Physician - Urology | 50 | $1,087,070 |
| Smbat Amirbekian Md | Director; Phys-diag Radiology | 50 | $999,120 |
| Jason Heckman Md | Former Off; Phys - General Surgery | 50 | $755,819 |
| Christopher Dibble Md | Director; Physician - Cardiology | 50 | $732,969 |
| James Phillip Md | Dir,treasurer;physician - Cardiology | 50 | $727,102 |
| Brian Murray Md | Dir Thr 12/23; Physician - Urology | 50 | $601,867 |
| William Kowal Md | Chief Medical Officer | 49 | $598,155 |
| Yvenalie Laurent Md | Director; Physician-family Medicine | 50 | $556,396 |
| Brigitte Bekan-homawoo Md | Director; Phys-family Medicine | 50 | $460,837 |
| Vishwala Kasbekar Md | Dir; Physician - Internal Medicine | 50 | $417,003 |
| Richard Rowley Md | Form Off; Phys-diagnostic Radiology | 50 | $397,674 |
| Ara Kayayan Md | Dir; Physician - Internal Medicine | 50 | $391,430 |
| Guillermo Sosa-suarez Md | Director; Physician - Cardiology | 50 | $321,835 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Cardiac Rms LLC | Imaging Services | $997,316 |
| Ahsa American Healthcare Services Assoc | Temporary Medical Staffing Services | $935,649 |
| Disc Corporation | Imaging Services | $900,004 |
| Jan-pro of the Capital District | Janitorial Services | $598,365 |
| Virtual Radiologic Professionals LLC | Image Reading Services | $552,757 |
Grants received · $660K total
2 grants to St Peters Health Partners Medical Associates PC totaling $660K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Trinity Health Corporation | Community welfare - it starts here grant | 2021 | $34,000 |
| Capital District Physicians Health Plan Inc | Care logistics initiatives | 2015 | $625,785 |
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Frequently asked questions
- Is St Peters Health Partners Medical Associates PC a legitimate nonprofit?
- Yes. St Peters Health Partners Medical Associates PC is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-1177336, based in Albany, New York. Donations are tax-deductible.
- What is St Peters Health Partners Medical Associates PC's EIN?
- St Peters Health Partners Medical Associates PC's Employer Identification Number (EIN) is 46-1177336.
- How much revenue does St Peters Health Partners Medical Associates PC report?
- St Peters Health Partners Medical Associates PC reported $288,276,979 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of St Peters Health Partners Medical Associates PC's spending goes to programs?
- St Peters Health Partners Medical Associates PC spends about 93% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does St Peters Health Partners Medical Associates PC have?
- CharityIndex grades St Peters Health Partners Medical Associates PC C+, based on program efficiency and fundraising cost.
- How much does St Peters Health Partners Medical Associates PC's highest-paid employee make?
- The highest reported compensation on St Peters Health Partners Medical Associates PC's latest Form 990 is $1,303,238, paid to Soon Park Md (Chief of Cardiac Surgery).
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Data for St Peters Health Partners Medical Associates PC (EIN 46-1177336) 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.