Clifton Springs Sanitarium Co
- Assets
- $86.3m
- Revenue
- $88.7m
- Investments
- $4.0m
- Employees
- 894
- Location
- Clifton Springs, NY
- Founding
- 02/1938
- Data as of
- 12/2020
- EIN
- 16-0743966
Organization Overview
Clifton Springs Sanitarium Co is located in Clifton Springs, NY. The organization was established in 1938. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Clifton Springs Sanitarium Co employed 894 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clifton Springs Sanitarium Co is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Clifton Springs Sanitarium Co generated $88.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $84.3m during the year ending 12/2020. While expenses have increased by 6.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
HEALTHCARE ON A NONPROFIT BASIS TO PROMOTE THE HEALTH OF THE COMMUNITY AS A WHOLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Azfar Ahmed Physician | 40 | $606,139 | |
Dana Hansen Physician | 40 | $472,289 | |
Nicholas Day MD Director | Trustee | 40 | $462,725 |
Robert Helft Physician | 40 | $447,156 | |
Kayvan Mirhadi MD Mso Director | Trustee | 40 | $371,268 |
Chester Nakamura Physician | 40 | $333,127 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Special Care Systems Contracted Labor | 12/30/21 | $213,867 |
John W Danforth Co Contractor | 12/30/21 | $112,829 |
Supplemental Healthcare Services Contracted Labor | 12/30/21 | $741,331 |
Dga Builders Construction Services | 12/30/21 | $5,610,653 |
Alliance Healthcare Services Radiology, Interventional, And Oncology | 12/30/21 | $634,110 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,099,377 |
| Investment income | $34,848 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $358,039 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $88,748,447 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,635,374 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $36,525,471 |
| Pension plan accruals and contributions | $214,187 |
| Other employee benefits | $3,854,650 |
| Payroll taxes | $1,960,773 |
| Fees for services: Management | $22,313 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,510 |
| Fees for services: Lobbying | $9,436 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,792,106 |
| Advertising and promotion | $0 |
| Office expenses | $880,676 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,330,692 |
| Travel | $26,108 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,713 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,644,483 |
| Insurance | $307,836 |
| All other expenses | $0 |
| Total functional expenses | $84,312,260 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,389,655 |
| Savings and temporary cash investments | $128,865 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,175,543 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,575,003 |
| Prepaid expenses and deferred charges | $549,353 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,983,327 |
| Investments—program-related | $605,244 |
| Intangible assets | $0 |
| Other assets | $21,295,392 |
| Total assets | $86,331,119 |
| Accounts payable and accrued expenses | $10,756,887 |
| Grants payable | $0 |
| Deferred revenue | $5,881,910 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $129,022 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,829,519 |
| Total liabilities | $28,597,338 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $57,733,781 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Clifton Springs Sanitarium Co has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Trafton M & Maude W Crandall Fdn A Las Vegas, NV PURPOSE: GENERAL OPERATING | $1,500 |
Endowment Analysis
| Beg. Balance | $15,941,529 |
| Net Contributions | $805,735 |
| Ending Balance | $16,747,264 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lahey Clinic Hospital Inc Burlington, MA | $439,333,881 | $1,036,261,688 |
Presbyterian Medical Center Of The University Of Pennsylvania Health Philadelphia, PA | $864,132,692 | $1,007,924,819 |
Newyork-Presbyterian-Queens Flushing, NY | $898,800,022 | $913,594,490 |
New York-Presbyterian Brooklyn Methodist Brooklyn, NY | $1,733,884,296 | $932,635,722 |
Abington Memorial Hospital Philadelphia, PA | $948,017,930 | $858,404,541 |
Englewood Hospital And Medical Center A New Jersey Nonprofit Corp Englewood, NJ | $770,563,796 | $890,451,423 |
Saint Francis Hospital And Medical Center Hartford, CT | $1,654,893,576 | $997,837,414 |
Inspira Medical Centers Inc Bridgeton, NJ | $1,997,035,403 | $960,599,521 |
Valley Hospital Inc Ridgewood, NJ | $2,214,086,950 | $1,000,529,103 |
St Francis Hospital Roslyn, NY | $1,505,143,319 | $834,224,682 |
Virtu-West Jersey Health System Inc Marlton, NJ | $2,706,789,713 | $1,000,808,483 |
Bronxcare Health System Bronx, NY | $743,333,524 | $835,076,495 |