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Catskill Regional Medical Center Foundation

HARRIS, NY · EIN 141742176 · Form 990 · FY2024 · Medium ($1M-$10M) · garnethealth.org
revenue
$1.0M
expenses
$123K
net assets
$6.3M
employees
0
volunteers
13
program ratio
59%
mission · from form 990

TO RENDER ASSISTANCE TO GARNET HEALTH MEDICAL CENTER - CATSKILLS THROUGH THE SOLICITATION, RECEIPT AND DISBURSEMENT OF FUNDS OBTAINED BY GIFTS AND DONATIONS TO SUPPORT THE PROGRAMS OF GARNET HEALTH MEDICAL CENTER - CATSKILLS.

profile · synthesized from sources

Garnet Health Foundation – Catskills, formerly Catskill Regional Medical Center Foundation, raises and disburses charitable donations to support Garnet Health Medical Center – Catskills. The foundation funds medical equipment, health screenings, community health services, and patient support programs. It operates in Harris, New York, serving the Catskills region.

named programs · 4 · from sources

What they call their work

Endowment for Excellence
Permanent fund established to provide ongoing income for medical equipment, state-of-the-art technology, and recruitment of medical specialists
Memorial and Tribute Gifts
Program allowing donors to make gifts in memory or honor of individuals, with acknowledgment cards sent to honorees or families
Patient Experience Fund
Fund created to reduce stress related to basic needs for patients and families during treatment, supporting healing and wellness at Garnet Health Medical Center – Catskills
The Century Club
Annual donor recognition campaign with membership levels ranging from $100 to $10,000+, providing sustained support for hospital programs
activities · 2 groups

What they do

  • Hospital and Medical Center Support 5 activities
    • Funding community health care services
      Finances community health care services to expand access to medical support and promote public health.
    • Funding community health screenings for disease prevention
      Supports health maintenance and disease prevention by funding community health screening initiatives.
    • Funding health care services for vulnerable populations
      Provides financial support for the delivery of health care services to individuals who are needy, ill, or infirm.
    • Funding medical equipment for diagnostic, therapeutic, and curative use
      Finances the acquisition of medical equipment used for lifesaving, diagnostic, therapeutic, and curative purposes at the medical center.
    • Funding medical programs at Garnet Health Medical Center - Catskills
      Funds programs at Garnet Health Medical Center - Catskills by soliciting, receiving, and disbursing donated funds to support medical services and operations.
  • Fundraising for Community and Charitable Initiatives 1 activity
    • Funding a sustainable fund for patient and family basic needs
      Creates and sustains a fund through fundraising to help patients and families meet basic needs during vulnerable times, supporting healing and wellness.
financials · form 990 · fy2024
revenue
Total revenue$1.02M
Contributions & grants$170K17%
Program service revenue$00%
Investment income$842K82%
Other revenue$9K
expenses
Total expenses$123K
Program expenses59%
Admin / overhead41%
Fundraising0%
Salaries & benefits$0
Grants paid out$70K
Largest expense lineProfessional Fees
balance sheet
Total assets$6.31M
Cash$2.01M
Investments$4.28M
Liabilities$281
Net assets$6.31M
Liquid reserves615.6 mo
4 years on record · 2020–2024 · YoY revenue +2.7%
leadership · form 990 part vii · fy2024

Who runs it

board members · 12
  • ALEX REY — TRUSTEE
  • ANTHONY KANE — TRUSTEE
  • DAN BERKOWICZ — TRUSTEE
  • DEBBIE BERMAN — SECRETARY
  • HELEN SPICKA — TRUSTEE UNTIL MAY 2024
  • IRA GOLD — TRUSTEE
  • LARRY RICHARDSON — TRUSTEE
  • LAWRENCE SCHAFMAN — TRUSTEE
  • LEWIS KLUGMAN — VICE PRESIDENT
  • LISA WILES — TRUSTEE
  • ROBERT ERNST — PRESIDENT
  • SUSAN J HORTON — TREASURER
relationships · 2

Who they work with

  • Garnet Health Medical Center - Catskills Partner — Primary beneficiary of financial support; the foundation exists to fund its programs.
  • Garnet Health Medical Center – Catskills Partner — Primary beneficiary of foundation fundraising; receives support for equipment, health care delivery, screenings, and community services.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Endowment for Excellence
    methodology: endowment_for_excellence
    By establishing a permanent endowment, we generate sustainable funding to support hospital equipment, advanced technology, and recruitment of medical specialists, because long-term financial stability enables continuous improvement in healthcare capacity and quality.