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NATHAN LITTAUER FOUNDATION INC
GLOVERSVILLE, NY · EIN 141638991 · Form 990 · FY2024 · NTEE E11 · Health Care · Small ($100K-$1M) · nlh.org
revenue
$835K
expenses
$1.0M
net assets
$13.6M
employees
0
volunteers
45
program ratio
90%
mission · from form 990

SUPPORT OF THE NATHAN LITTAUER HOSPITAL OF GLOVERSVILLE, NEW YORK AND OTHER LOCAL HEALTH CARE FACILITIES AND PROGRAMS THROUGH FUNDRAISING AND PROMOTION.

profile · synthesized from sources

The Nathan Littauer Foundation supports the Nathan Littauer Hospital and Nursing Home in Gloversville, New York, through fundraising and promotion. It focuses on advancing local health care services and facilities. The organization operates as a foundation dedicated to strengthening community health care infrastructure.

named programs · 1 · from sources

What they call their work

Corporate Compliance Program
Ensures adherence to federal and state health care regulations through audits, staff training, and anonymous reporting mechanisms; led by the Corporate Compliance Officer
activities · 2 groups

What they do

  • Healthcare Compliance and Ethics Programs 4 activities
    • Compliance training for staff and board
      Provides annual compliance training and education to employees and board members to promote adherence to regulatory standards.
    • Confidential compliance reporting system
      Operates a confidential telephone line for anonymous reporting of potential compliance issues, investigates all reports, and implements corrective procedures to prevent recurrence.
    • Internal compliance monitoring and auditing
      Conducts periodic internal and external audits of billing, coding, and collections processes to ensure regulatory compliance, and reviews audit results from payors and regulators to identify and correct non-compliant processes.
    • Regulatory reporting and overpayment remediation
      Reports compliance issues to state or federal offices as required and refunds overpayments resulting from non-compliant billing practices.
  • Hospital and Medical Center Support 1 activity
    • Funding local healthcare facilities and programs
      Funds Nathan Littauer Hospital of Gloversville, New York and other local healthcare facilities and programs through fundraising and grantmaking activities.
financials · form 990 · fy2024
revenue
Total revenue$835K
Contributions & grants$264K32%
Program service revenue$00%
Investment income$594K71%
Other revenue$-23K
expenses
Total expenses$1.02M
Program expenses90%
Admin / overhead10%
Fundraising0%
Salaries & benefits$0
Grants paid out$918K
Largest expense lineProfessional Fees
balance sheet
Total assets$13.56M
Cash$388K
Investments$12.80M
Liabilities$8K
Net assets$13.55M
Liquid reserves155.5 mo
5 years on record · 2020–2024 · YoY revenue +67.4%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
SEAN FADALE HOSPITAL CEO 1 $662K
GEOFFREY PECK VP EXEC DIR 1 $256K
board members · 15
  • AMY PEDRICK — TREASURER
  • COLLEEN BALDWIN — DIRECTOR
  • DAVID D'AMORE — CHAIRPERSON
  • DAVID PARKHURST — DIRECTOR
  • DEBRA FINKLE — DIRECTOR
  • EDWARD METKA — DIRECTOR
  • GRANT PRESTON — SECRETARY
  • JAMES LANDRIO — DIRECTOR
  • JANINE DYKEMAN — DIRECTOR
  • JOHN MASTRANGELO MD — DIRECTOR
  • PETER KIERNAN — DIRECTOR
  • PETER SEMIONE — VICE CHAIR
  • RICHARD RUBY — DIRECTOR
  • RONALD OLINSKY — DIRECTOR
  • TERRI EASTERLY — DIRECTOR
relationships · 2

Who they work with

  • Nathan Littauer Hospital Partner — Primary beneficiary of foundation support through fundraising and promotion
  • Nathan Littauer Hospital and Nursing Home Partner — Collaborates on corporate compliance policies and procedures.