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BASSETT HEALTHCARE NETWORK
COOPERSTOWN, NY · EIN 133218680 · Form 990 · FY2023 · Medium ($1M-$10M)
revenue
$1.3M
expenses
$497K
net assets
$-34.0M
employees
12
volunteers
13
program ratio
100%
mission · from form 990

MISSION STATEMENT: IMPROVING THE HEALTH OF OUR PATIENTS AND THE WELL-BEING OF OUR COMMUNITIES. VISION: THROUGH ADVANCED INTEGRATED CLINICAL SERVICES, EDUCATION, AND RESEARCH, WE ASPIRE TO BE A MODEL OF EXCELLENCE FOR HEALTH, CREATING REMARKABLE PATIENT EXPERIENCES AND BETTER LIVING.BASSETT HEALTHCARE NETWORK IS THE PARENT ORGANIZATION TO THE MARY IMOGENE BASSETT HOSPITAL (D/B/A BASSETT MEDICAL CENTER), A.O. FOX MEMORIAL HOSPITAL, THE O'CONNOR HOSPITAL, BASSETT HOSPITAL OF SCHOHARIE COUNTY (D/B/A COBLESKILL REGIONAL HOSPITAL), LITTLE FALLS HOSPITAL, VALLEY HEALTH SERVICES, INC., VALLEY RESIDENTIAL SERVICES, FRIENDS OF BASSETT, INC. AND TEMPLETON FOUNDATION PURSUANT TO SECTION 509. THROUGH RESERVE POWERS GIVEN TO THE ORGANIZATION IN THE BYLAWS OF THE SUPPORTED ORGANIZATIONS, THE ORGANIZATION HAS THE POWER TO APPOINT THE DIRECTORS, TRUSTEES, AND PRESIDENTS OF THE SUPPORTED ORGANIZATIONS.

profile · synthesized from sources

Bassett Healthcare Network is a healthcare system based in Cooperstown, NY, serving as the parent organization to multiple hospitals and health service providers across upstate New York. It delivers integrated clinical services, supports medical education and research, and oversees affiliated hospitals including Mary Imogene Bassett Hospital, A.O. Fox Memorial Hospital, and others. The organization focuses on improving patient health and community well-being through a regional network of care.

named programs · 3 · from sources

What they call their work

Health Research
Conducts clinical and population health research to advance rural healthcare delivery
Integrated Clinical Services
Provides coordinated primary, specialty, and acute care across a network of hospitals and clinics in upstate New York
Medical Education
Offers residency and training programs in partnership with academic institutions
activities · 1 group

What they do

  • Health System Parent Organization 1 activity
    • Healthcare delivery through affiliated hospitals and medical centers
      Operates as a parent organization for multiple healthcare entities, providing medical services across a network that includes Bassett Medical Center, A.O. Fox Memorial Hospital, The O'Connor Hospital, Cobleskill Regional Hospital, Little Falls Hospital, Valley Health Services, Valley Residential Services, Friends of Bassett, and Templeton Foundation.
financials · form 990 · fy2023
revenue
Total revenue$1.31M
Contributions & grants$433K33%
Program service revenue$426K33%
Investment income$449K34%
Other revenue$0
expenses
Total expenses$497K
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$348K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$43.63M
Cash$22.02M
Investments$0
Liabilities$77.65M
Net assets$-34.02M
Liquid reserves531.7 mo
3 years on record · 2020–2023 · YoY revenue +86.7%
leadership · form 990 part vii · fy2023

Who runs it

paid leadership · 10
NameTitleHours/wkCompensation
TOMMY IBRAHIM MD PRESIDENT/CEO 1 $742K
HENRY WEIL MD SVP CCAO 1 $731K
REGINALD Q KNIGHT MD CCIO 1 $535K
PAUL SWINKO EVP CFAO 1 $489K
PAUL UHRIG SECRETARY 1 $447K
CHRISTINE PIRRI SVP CPDO 40 $369K
JEFFREY MORGAN TREASURER 1 $337K
STACI THOMPSON EVP/COO 1 $319K
ANGELA BELMONT SVP, CHIEF NURSING EXEC 1 $302K
DEANNA E CHARLES SVP, CHIEF AMBULATORY TRANSFORMATION 1 $294K
board members · 13
  • ANIL RUSTGI MD — DIRECTOR
  • CARL MUMMENTHEY — DIRECTOR
  • DOUGLAS HASTINGS — CHAIRMAN
  • JANE FORBES CLARK — DIRECTOR
  • JOHN ZOGBY — DIRECTOR
  • JULIE YOO — DIRECTOR
  • KEVIN S MOORE — DIRECTOR
  • LORRAINE ZIMNIEWICZ — DIRECTOR
  • MARION TERENZIO PHD — DIRECTOR
  • ROBERT HANFT — DIRECTOR
  • SUSAN TURNEY MD — DIRECTOR
  • V DANIEL ROBINSON II — VICE CHAIR
  • WALTER FRANCK MD — DIRECTOR
relationships · 9

Who they work with

  • A.O. Fox Memorial Hospital Partner — Subsidiary hospital under Bassett Healthcare Network with governance oversight.
  • Bassett Hospital of Schoharie County Partner — Subsidiary hospital (d/b/a Cobleskill Regional Hospital) under Bassett Healthcare Network with governance oversight.
  • Friends of Bassett, Inc. Partner — Subsidiary organization under Bassett Healthcare Network with governance oversight.
  • Little Falls Hospital Partner — Subsidiary hospital under Bassett Healthcare Network with governance oversight.
  • Mary Imogene Bassett Hospital Partner — Parent organization with reserve powers to appoint directors, trustees, and presidents.
  • Templeton Foundation Partner — Subsidiary foundation under Bassett Healthcare Network with governance oversight.
  • The O'Connor Hospital Partner — Subsidiary hospital under Bassett Healthcare Network with governance oversight.
  • Valley Health Services, Inc. Partner — Subsidiary organization under Bassett Healthcare Network with governance oversight.
  • Valley Residential Services Partner — Subsidiary organization under Bassett Healthcare Network with governance oversight.
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.

  • Integrated Clinical-Education-Research Model
    methodology: integrated_clinical_services_education_research
    By combining clinical services, education, and research, we improve patient health and community well-being because insights from practice inform teaching and research, which in turn enhance clinical care quality and population health outcomes.