Health Center Network of New York Inc

Nonprofit profile at a glance

EIN
141980688
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Albany, NY, USA
Phone
5512353090
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Health, General and Financing

Reported finances

Revenue
$3,690,041
Expenses
$3,610,211
Assets
$2,416,229
Liabilities
$282,798

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • ALAN MITCHELL (EXECUTIVE DIRECTOR)

Highest reported compensation

  • ALAN MITCHELL (EXECUTIVE DIRECTOR): $258,699 total reported compensation
  • JESSICA JOLLY (DIRECTOR OF WORKFORCE DEVELOPMENT): $164,759 total reported compensation
  • MICHELLE TROPPER (SENIOR DIRECTOR, CLINICAL QUALITY IMPROVEMENT): $129,304 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See schedule ohealth center network of New York, inc. D/b/a healthefficient is a not-for-profit federally designated health center controlled network dedicated to ensuring that its members have the ability to effectively leverage health information technology to provide high quality, cost effective, patient focused health care to the communities they serve. Healthefficient currently serves 35+ health centers and provides training and quality improvement services to other federally qualified health centers and collaborative stakeholders.

What it reported doing in 2024

Healthefficient provides health information technology support to its members to ensure they're positioned to provide high quality, technology-enabled healthcare and take advantage of payment reform initiatives, certification opportunities and available incentives. Services offered include hosting of electronic health record (ehr) and related systems, ehr implementation and on-going optimization, customized training, workflow development, and reporting. Data-driven performance improvement services are enhanced by a data warehouse containing demographic and clinical information on more than a million patients served network-wide. Healthefficient currently serves 35+ members.

Operating model

Revenue model
Grant-funded. 64% of the money available for current operations came from government grants.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 74
  • Accountability: 100
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.1%; rating input score 89
  • Program expense ratio: 91.1%; rating input score 91
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2.2%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 0.67; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 56; 56th percentile among comparable filings
  • Officer compensation ratio: 28.9%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 13.6% per year; rating input score 100; 74th percentile among comparable filings
  • Revenue growth: 12.5% per year; rating input score 100; 76th percentile among comparable filings
  • Asset growth: 7.9% per year; rating input score 100; 49th percentile among comparable filings

Details

  • Where the money goes: 89.1% of revenue deployed · 91.1% of spending went to programs
  • Governance: 5 of 5 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $3.3M in reported program spending
  • Leadership: top reported pay $259K · 13 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $653K reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 11 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 42/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • Review — Sustainability: Liabilities to assets ratio scored 56/100.