CenterLight Healthcare
Legal name: Centerlight Healthcare Inc
Nonprofit profile at a glance
- EIN
- 133600807
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Flushing, NY, US
- Phone
- 1-833-252-2737
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Health Systems
Reported finances
- Revenue
- $660,182,809
- Expenses
- $610,288,744
- Assets
- $309,803,697
- Liabilities
- $293,597,556
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- TARA BUONOCORE-RUT (PRESIDENT/CEO)
- EMINA TABAKOVIC (VICE PRESIDENT OF OPERATIONS)
Highest reported compensation
- TARA BUONOCORE-RUT (PRESIDENT/CEO): $1,983,728 total reported compensation
- LENY TIRTASAPUTRA (CFO): $921,670 total reported compensation
- ZIAD FARAH (CHIEF MEDICAL OFFICER): $641,666 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Mission of the CenterLight Impact Fund is to raise philanthropic support through gifts and grants from individuals, foundations, corporations, and government agencies to advance the programs of CenterLight Health System.
What it reported doing in 2024
Centerlight healthcare, inc. Is a licensed home care service agency that arranges for and contracts with entities to provide innovative medical, social, and long-term care services for the elderly, including home/day care, primary and emergency care, nursing, social work and therapy as well as transportation and inpatient services. See part ix for the statement of functional expenses.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 71
- Accountability: 91
- Sustainability: 47
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.1%; rating input score 86
- Program expense ratio: 93.9%; rating input score 94
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 7.6%; rating input score 66; 66th percentile among comparable filings
- Total-asset coverage ratio: 0.51; rating input score 19; 19th percentile among comparable filings
- Liabilities to assets ratio: 0.95; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 0.9%; rating input score 77; 77th percentile among comparable filings
Growth
- Program expense growth: -4.1% per year; rating input score 0; 3rd percentile among comparable filings
- Revenue growth: 0.1% per year; rating input score 100; 5th percentile among comparable filings
- Asset growth: 2.8% per year; rating input score 100; 19th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 9 operating locations identified
- Where the money goes: 86.1% of revenue deployed · 93.9% of spending went to programs
- Governance: 9 of 9 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $573.3M in reported program spending
- Leadership: top reported pay $2M · 21 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $1.8M reported
- Consistency: 37 of 37 current checks pass
- Schedules: 8 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 13 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 11 filed money-flow records
- Related organizations: 23 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 19/100.
- High — Sustainability: Liabilities to assets ratio scored 9/100.