Cayuga Medical Associates Pc
- Assets
- $9.4m
- Revenue
- $97.2m
- Investments
- $0.0
- Employees
- 540
- Location
- Ithaca, NY
- Founding
- 02/2008
- Data as of
- 12/2021
- EIN
- 20-4356115
Organization Overview
Cayuga Medical Associates Pc is located in Ithaca, NY. The organization was established in 2008. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Cayuga Medical Associates Pc employed 540 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cayuga Medical Associates Pc 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 12/2021, Cayuga Medical Associates Pc generated $97.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $96.4m during the year ending 12/2021. While expenses have increased by 15.4% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE COMPREHENSIVE MEDICAL SERVICES TO THE ORGANIZATION'S SERVICE AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, THE ORGANIZATION PROVIDED MEDICAL SERVICES TO 74,632 PATIENTS IN THE COURSE OF CONDUCTING 276,303 PATIENT VISITS. THE ORGANIZATION PROVIDES MEDICAL CARE TO ALL PATIENTS, REGARDLESS OF INABILITY TO PAY. THE ORGANIZATION ALSO OFFERS A FINANCIAL ASSISTANCE PROGRAM THAT, BASED ON FEDERAL POVERTY GUIDELINES, PROVIDES FREE OR REDUCED FEE CARE TO QUALIFYING INDIVIDUALS. IN 2021, THE ORGANIZATION'S PHYSICIANS CONDUCTED OVER 93,413 VISITS WITH MEDICAID AND LOW INCOME PATIENTS. THE ORGANIZATION CONTINUES WITH THE COMMITMENT TO ACCEPT PATIENTS FROM THE LOCAL PHYSICIANS' REFERRAL CENTER, REGARDLESS OF INABILITY TO PAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deidre Blake MD Physician | 40 | $1,601,230 | |
Alec Macaulay MD Physician | 40 | $916,014 | |
Benjamin Donohue MD Physician | 40 | $873,583 | |
Michael Waters MD Physician | 40 | $842,098 | |
Lavanya Kodali MD Physician | 40 | $811,452 | |
Candice Oliver DO Vice President | OfficerTrustee | 40 | $342,665 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hayes Locums Llc Professinal Medical Services | 12/30/21 | $716,601 |
Brent-park Rents | 12/30/21 | $677,719 |
Weatherby Locums Inc Professional Medical Services | 12/30/21 | $1,005,711 |
Sally's Six Rents | 12/30/21 | $894,623 |
Urmc Neurosurgery Professional Medical Services | 12/30/21 | $3,112,404 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $41,450,434 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,450,434 |
| Total Program Service Revenue | $55,719,748 |
| Investment income | $1,268 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $65,968 |
| 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 | $97,237,418 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $368,607 |
| Compensation of current officers, directors, key employees. | $368,607 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $50,286,795 |
| Pension plan accruals and contributions | $1,710,901 |
| Other employee benefits | $4,990,452 |
| Payroll taxes | $2,177,691 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $123,495 |
| Fees for services: Accounting | $241,944 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,664,892 |
| Advertising and promotion | $83,385 |
| Office expenses | $136,874 |
| Information technology | $1,059,844 |
| Royalties | $0 |
| Occupancy | $4,107,215 |
| Travel | $30,339 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $310 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $554,583 |
| Insurance | $2,070,701 |
| All other expenses | $0 |
| Total functional expenses | $96,369,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,847,555 |
| Savings and temporary cash investments | $1,874 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,534,131 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $591,203 |
| Net Land, buildings, and equipment | $1,449,800 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,424,563 |
| Accounts payable and accrued expenses | $6,028,541 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $10,839 |
| Other liabilities | $5,369,367 |
| Total liabilities | $11,408,747 |
| Net assets without donor restrictions | -$1,984,184 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,424,563 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cayuga Medical Associates Pc has recieved totaling $41,658.
| Awarding Organization | Amount |
|---|---|
Cayuga Medical Center At Ithaca Ithaca, NY PURPOSE: TO COLLABORATE IN CONNECTION WITH THE TRAINING OF MEDICAL RESIDENTS AND NURSING STUDENTS ON THE CARE OF PATIENTS WITH SUSBTANCE ABUSE DISORDERS. | $41,658 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Capital Health System Inc Trenton, NJ | $1,004,952,628 | $942,087,433 |
Southcoast Hospitals Group Inc New Bedford, MA | $1,265,624,200 | $959,620,935 |
Physician Affiliate Group Of New York Pc New York, NY | $38,559,626 | $838,367,537 |
South Shore University Hospital Westbury, NY | $537,264,084 | $780,287,744 |
St Barnabas Hospital Bronx, NY | $509,709,936 | $489,229,934 |
Svmc Holdings Inc Bridgeport, CT | $272,750,174 | $429,886,007 |
Barnabas Health Medical Group P C Oceanport, NJ | $150,195,711 | $412,355,034 |
Richmond Medical Center Staten Island, NY | $435,447,032 | $376,664,767 |
Virtua Medical Group Pa Marlton, NJ | $139,534,325 | $238,443,738 |
Trinitas Regional Medical Center A New Jersey Nonprofit Corporation Elizabeth, NJ | $505,269,561 | $345,999,545 |
St Lukes Hospital Anderson Campus Allentown, PA | $273,325,539 | $361,430,735 |
St Joseph Regional Health Network Reading, PA | $174,700,776 | $307,422,246 |