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CORTLAND MEMORIAL FOUNDATION INC

CORTLAND, NY · EIN 222230692 · Form 990 · FY2024 · NTEE E22I · Health Care · Medium ($1M-$10M)
revenue
$2.2M
expenses
$339K
net assets
$12.4M
employees
0
volunteers
12
program ratio
0%
mission · from form 990

CORTLAND MEMORIAL FOUNDATION BUILDS RELATIONSHIPS THROUGH PHILANTHROPY, STEWARDSHIP, AND EDUCATION THAT SUPPORT GUTHRIE CORTLAND MEDICAL CENTER; a tax-exempt organization.

profile · synthesized from sources

CORTLAND MEMORIAL FOUNDATION INC is a nonprofit organization based in Cortland, NY, focused on advancing health care through philanthropy and community engagement. It supports Guthrie Cortland Medical Center by raising funds, stewarding donor relationships, and promoting health-related education initiatives. The foundation operates as a grantmaking entity dedicated to strengthening local medical services.

named programs · 2 · from sources

What they call their work

Health Care Education Initiative
Promotes health literacy and medical education in partnership with Guthrie Cortland Medical Center
Philanthropy & Stewardship Program
Engages donors and manages charitable contributions to support Guthrie Cortland Medical Center’s operations and capital needs
activities · 1 group

What they do

  • Hospital and Medical Center Support 1 activity
    • Funding and supporting Guthrie Cortland Medical Center
      Provides philanthropic support, stewardship, and educational resources to Guthrie Cortland Medical Center, enhancing healthcare services and community health outcomes in Cortland, NY.
financials · form 990 · fy2024
revenue
Total revenue$2.25M
Contributions & grants$1.77M79%
Program service revenue$00%
Investment income$482K21%
Other revenue$0
expenses
Total expenses$339K
Program expenses0%
Admin / overhead0%
Fundraising100%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$12.44M
Cash$390K
Investments$11.88M
Liabilities$73K
Net assets$12.37M
Liquid reserves434.6 mo
6 years on record · 2019–2024 · YoY revenue +142.9%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 9
NameTitleHours/wkCompensation
Jennifer L Yartym Director - President - GCMC 55 $534K
Philip Heavner MD Director 55 $488K
Kristin Algoe MD Director 55 $482K
Erica Skipton MD Director 55 $434K
Kansas Underwood Director 55 $369K
REX GIDO DO Director 55 $317K
Marie Carter-Darling Secretary - Director 55 $173K
DARSHAN PATEL MD DIRECTOR (TERM 11/2024) 55 $142K
Sheila Ossit EXECUTIVE DIRECTOR 55 $100K
board members · 12
  • Amy Buggs — Director
  • Ayden Wilber — Director
  • Bradley Totman — Chair - Director
  • Caitlin McKillop — Director
  • Clinton Brooks — Vice Chair - Director
  • Jason Hage — Director
  • Jeffrey Breed — Director
  • MARISA CLIFFORD DMD — Director
  • Mary Ellen Bloodgood — Treasurer - Director
  • Otto Janke — Director
  • Steve Wineburg — Director
  • William Crane — Director
relationships · 1

Who they work with

  • GUTHRIE CORTLAND MEDICAL CENTER Partner — Primary beneficiary of foundation support
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.