irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $4.80MCOMMUNITY INVOLVEMENT HAS BEEN LINKED TO BASSETT'S MISSION AND VALUES SINCE IT FIRST OPENED IN 1921. WHETHER IT IS STRENGTHENING OUR COMMUNITY RELATIONSHIPS FOR HEALTH AND WELLNESS, COMMUNICATING IDEAS FOR IMPROVING OUR SERVICES TO OUR REGION, OR PROVIDING A FORUM FOR BASSETT TO LEARN AND LISTEN, WE ARE WORKING WITH OUR COMMUNITY TO IMPROVE THE QUALITY OF LIFE OF THE PEOPLE OF OUR REGION. OUR COMMUNITY SERVICES PROGRAM PROVIDES FREE SERVICES TO PERSONS WHO CANNOT AFFORD TO PAY, WHO DO NOT QUALIFY FOR MEDICAID, AND WHO FALL WITHIN THE ESTABLISHED INCOME GUIDELINES. BASSETT'S COMMUNITY HEALTH EDUCATION PROGRAMS INCLUDE LECTURES, PRESENTATIONS, HEALTH FAIRS, AND OTHER GROUP PROGRAMS IN ADDITION TO THE CLINICAL AND DIAGNOSTIC SERVICES OFFERED. CLINICAL SERVICES OFFERED INCLUDES SCREENINGS, HEALTH TESTS AND HEALTH RISK APPRAISALS INCLUDING BLOOD PRESSURE, LIPID PROFILE, CHOLESTEROL SCREENINGS, CARDIOLOGY RISK FACTOR SCREENINGS, AND ALL CANCER SCREENINGS. OUR COMMUNITY BUILDING ACTIVITIES INCLUDE PHILANTHROPIC SUPPORT FOR HEALTH INITIATIVES AND COMMUNITY HEALTH AND WELFARE PROJECTS INCLUDING PROMOTING HEALTHY LIFESTYLES, DISEASE PREVENTION, AND COMMUNITY AWARENESS INITIATIVES. OUR DOORS ARE OPEN 24 HOURS A DAY, 7 DAYS A WEEK, 365 DAYS A YEAR. WE ARE PROUD TO PROVIDE CARE TO OUR COMMUNITIES.
named programs · 4 · from sources
What they call their work
Cardiovascular Services
Delivers comprehensive heart care including diagnosis, treatment, surgery, and preventive services for conditions such as arrhythmias and heart failure.
Community Health Education Program
Offers free lectures, presentations, health fairs, and group programs focused on disease prevention and healthy lifestyles.
Community Services Program
Provides free clinical and diagnostic services including blood pressure, lipid profile, cholesterol, and cancer screenings to uninsured and low-income individuals who do not qualify for Medicaid.
Good Faith Estimate Program
Provides patients without insurance or not using insurance with written estimates of expected costs for medical services prior to treatment.
activities · 12 groups
What they do
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Biomedical Research and Innovation 1 activity
- Conducting clinical and public health researchOperates a cancer registry for long-term follow-up and quality monitoring, and conducts clinical research, population studies, and assessments of health services and public health issues through the Center for Rural Community Health and NYCAMH.
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Community Health Fairs and Screenings 1 activity
- Delivering community health education and preventive screeningsConducts community health education programs such as lectures, presentations, health fairs, and group programs. Provides clinical screenings and health risk appraisals for blood pressure, lipid profiles, cholesterol, cardiology risk factors, and all major cancers.
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Comprehensive Cancer Care and Survivorship 1 activity
- Delivering comprehensive cancer careProvides nationally accredited cancer care including screening for lung, breast, colon, rectal, skin, prostate, and cervical cancers, genetic testing, and advanced treatments such as surgical oncology, radiation therapy, chemotherapy, immunotherapy, and enrollment in clinical trials. Care is delivered by locally based cancer experts with support staff.
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Pediatric Primary and Specialty Care 1 activity
- Delivering maternal, pediatric, and women’s health servicesProvides OB-GYN and women’s health services, obstetric care, and pediatric urology for children with kidney, bladder, urinary tract, and reproductive conditions. Offers pediatric care via school-based health centers and virtual visits, including at Sherburne-Earlville Middle/High School-Based Health.
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Telehealth and Urgent Care Access 1 activity
- Expanding access through TeleHealth and virtual careProvides TeleHealth and TeleMedicine services for primary care, specialty care, inpatient/emergency consultations, and E-Consults across Central New York, including Cooperstown, Cobleskill, and Oneonta. Services include video visits and remote patient management.
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Healthcare Compliance and Ethics Programs 1 activity
- Maintaining compliance and ethical standardsImplements a network-wide compliance program for all staff, contractors, vendors, and business associates, including an anonymous hotline for reporting concerns, to ensure ethical and lawful delivery of services and business interactions.
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Community Health Center Services 1 activity
- Operating primary and specialty care clinics across Central New YorkOperates 33 primary care centers and over two dozen community-based clinics across eight counties, offering family medicine, internal medicine, pediatrics, OB-GYN, dermatology, anesthesiology, and other specialty services. Includes school-based health centers in four counties providing medical, mental health, and preventive dental care to children.
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Advanced Surgical and Cardiac Care 1 activity
- Providing heart and cardiovascular careOffers full-spectrum heart care including preventive cardiology (cholesterol and blood pressure management, nutritional counseling), diagnostics (EKG, nuclear scans), minimally invasive procedures (angioplasty, stents, TAVR), electrophysiology, open-heart surgery, valve and bypass surgery, aneurysm repair, robot-assisted surgeries, and cardiac rehabilitation programs.
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Outpatient and Emergency Care Services 1 activity
- Providing hospital-based acute and emergency careOperates four acute-care community hospitals and a fifth campus offering emergency care, laboratory, and radiology services. Provides 24/7 emergency and trauma services, critical care, inpatient psychiatry, and surgical services at multiple locations including Bassett Medical Center, A.O. Fox Hospital, Little Falls Hospital, O’Connor Hospital, and Cobleskill Regional Hospital.
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Skilled Nursing and Rehabilitation Facilities 1 activity
- Providing long-term, rehabilitative, and home-based careOffers short-stay and long-term rehabilitation services at five network locations, operates Herkimer County’s only assisted-living facility, and delivers home-based nursing and physical therapy through At Home Care. Also provides medical equipment, supplies, and prescription treatments including oxygen through First Community Care.
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Orthopedic Surgery and Musculoskeletal Care 1 activity
- Providing orthopedic and sports medicine servicesDiagnoses and treats bone, muscle, joint, and nerve pain through a multidisciplinary team. Offers advanced treatments including shoulder, hip, and knee replacements, and provides orthopedic surgery and sports medicine services at multiple locations including Bassett Medical Center, O’Connor Hospital, and regional clinics.
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Financial Assistance Policy Implementation 1 activity
- Supporting patients with financial assistance and cost transparencyProvides free care totaling over $8 million annually to individuals who cannot afford to pay and do not qualify for Medicaid. Offers financial assistance, counseling, out-of-pocket cost estimates via the MyBassett portal and guest tool, and support with Medicaid eligibility and insurance exchange options.
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financials · form 990 · fy2024
revenue
Total revenue$790.74M
Contributions & grants$50.30M6%
Program service revenue$734.28M93%
Investment income$6.16M1%
Other revenue$0
expenses
Total expenses$835.24M
Program expenses95%
Admin / overhead5%
Fundraising0%
Salaries & benefits$450.61M
Grants paid out$1.30M
Largest expense lineCompensation
balance sheet
Total assets$430.39M
Cash$16.39M
Investments$121.14M
Liabilities$300.86M
Net assets$129.53M
Liquid reserves2.0 mo
4 years on record · 2020–2024 · YoY revenue +13.9%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 9
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| Dhananjai Menzies | Snr Attending Physician | 40 | $1.39M |
| Mun Hong | Associate Chief | 40 | $1.04M |
| WT Huntsman | Division Chief Plastic Reconstructive | 40 | $966K |
| Ethan Talbot | Snr Attending Physician | 40 | $907K |
| Timothy P Korytko | Division Chief | 40 | $897K |
| Staci Thompson | Network President CEO | 2 | $879K |
| Henry Weil MD | BMC President | 2 | $852K |
| Craig Faerber | Interim Network CFO | 40 | $524K |
| Tommy Ibrahim MD | Former President | 0 | $425K |
board members · 16
- Andrew Marietta — Board Secretary
- Bruce C Vladeck PhD — Board Member
- Donald Bordley MD — Board Member
- Donald O Quest MD — Board Member
- Douglas B Willies — Board Member
- J Michael Moffat — Board Member
- James Patrick — Board Member
- Jane Forbes Clark — Chair
- John D Bullis — Board Member
- Katherine G Nickerson MD — Board Member
- Kevin Moore — Board Member
- Maureen Killackey MD — Vice Chair
- Peter J Hamilton — Board Member
- Robert Hanft — Treasurer
- Terry Fulmer PhD RN — Board Member
- Walter Franck MD — Vice Chair
relationships · 24
Who they work with
- A.O. Fox Hospital Partner — Part of the Bassett Healthcare Network providing inpatient and long-term care services.
- A.O. Fox Nursing Home Partner — Long-term care facility within the Bassett Healthcare Network.
- ASTRO Accreditation Program for Excellence (APEx®) Government — Grants accreditation to the Bassett Cancer Institute based on performance standards
- American College of Emergency Physicians Government — Accrediting body for geriatric emergency department designation
- American Heart Association Government — Provider of Get With The Guidelines–Stroke, Target: Blood Pressure, and Type 2 Diabetes recognition programs
- American Nurses Credentialing Center Government — Accrediting body for Magnet nursing excellence recognition
- Bassett Healthcare Network Network — The Mary Imogene Bassett Hospital is part of the Bassett Healthcare Network, delivering TeleHealth services under its care model.
- Bassett Healthcare Network Network — The Mary Imogene Bassett Hospital is part of the Bassett Healthcare Network, delivering orthopedic services under this system.
- Bassett Healthcare Network Network — The Mary Imogene Bassett Hospital is part of the Bassett Healthcare Network, which operates primary care centers and school-based health centers.
- Bassett Medical Center Partner — Part of the Bassett Healthcare Network providing inpatient and outpatient services.
- Chartis Partner — Organization awarding performance leadership recognition to hospitals within the network
- Cobleskill Regional Hospital Partner — Part of the Bassett Healthcare Network providing inpatient services.
- Columbia University’s College of Physicians and Surgeons Network — Teaching hospital and medical school campus affiliate
- Commission on Cancer Government — Accredits the Bassett Cancer Institute
- Cooperstown Food Pantry Partner — Partnership to provide food to pregnant patients in financial need through the Food is Medicine program.
- Cooperstown Rotary Club Partner — Partnership supporting the "Let's Talk About It" public health education series.
- Hartwick Seminary Services Partner — Hosts Bassett's convenient care location at 4580 State Highway 28, Milford, NY.
- Little Falls Hospital Partner — Part of the Bassett Healthcare Network providing inpatient services.
- New York State Insurance Exchange Government — Provides guidance to patients on insurance products available through the exchange.
- O’Connor Hospital Partner — Part of the Bassett Healthcare Network providing inpatient services.
- U.S. News & World Report Government — Ranking organization recognizing high-performing hospitals for heart attack care
- U.S. News & World Report Government — Recognized Bassett Medical Center as a high-performing hospital for heart attack treatment.
- Valley Health Services Partner — Long-term care facility within the Bassett Healthcare Network.
- Women's Choice Award Partner — Organization recognizing excellence in patient experience, ER efficiency, and outpatient care
strategies · 3
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.
- Food Is Medicine Integrationmethodology: food_is_medicineBy integrating food distribution into clinical care for pregnant patients, the hospital treats nutrition as a clinical intervention to improve health outcomes, because addressing social determinants like food insecurity directly impacts maternal and child health.
- Multidisciplinary Team Approach to Caremethodology: multidisciplinary_careBy using multidisciplinary teams that integrate medical, surgical, and supportive specialists, the hospital develops personalized treatment plans across the full continuum of care, because coordinated expertise leads to more comprehensive and effective patient outcomes in complex conditions like cancer and orthopedics.
- Telehealth-Enabled Access Expansionmethodology: virtual-care-accessBy using TeleHealth, the hospital increases access to care and improves timeliness by enabling remote visits, because virtual care reduces travel, wait times, and exposure risks—particularly benefiting rural and vulnerable populations.