Healthlinkny Inc

Nonprofit profile at a glance

EIN: 262813468
IRS 990 coverage: 2016–2018
Forms available: Form 990 2018
Location: Binghamton, NY, USA
Phone: 6076519150
Rating: 74
Verdict: SUPPORTED
Rating confidence: Moderate
Sector: Health, General and Financing

Reported finances

Revenue: $8,971,239
Expenses: $7,740,866
Assets: $4,803,344
Liabilities: $292,347

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

STACI ROMEO (EXECUTIVE DIRECTOR)

Highest reported compensation

STACI ROMEO (EXECUTIVE DIRECTOR): $225,034 total reported compensation
DAN WALKER (CHIEF INFORMATION OFFICER): $136,262 total reported compensation
PAUL ALMY (VP HIE SOLUTIONS): $124,066 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of healthlinkny, inc. Is to advance health care quality and coordination of care among health care organizations in the southern tier and hudson valley regions of New York state. Healthlinkny, inc. Seeks to achieve its mission through sponsorship of health care transformation initiatives; health information technology adoption and secure health information exchange via the state health information network for New York (shin-ny); and activities that enable population health and quality improvement. Healthlinkny is committed to rigorous independent evaluation of the efforts it sponsors.

What it reported doing in 2018

Healthlinkny is a qualified entity (qe), funded by the New York state department of health (nys doh), which operates the health information exchange (hie) as well as population health improvement programs (phip), supports healthcare delivery reform (dsrip) and fosters collaboration among public and private health plans (cpc) for a 13 county region spanning the hudson valley, catskills, and southern tier of New York. The healthlinkny hie offers electronic access to patients' community-wide health records and serves as the region's access point to the statewide health information network of New York (shin-ny), supporting collaboration between healthcare providers across the state.

Operating model

Revenue model: Grant-funded. 92% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The required major-donor schedule is missing or incomplete and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

Financial Efficiency: 65
Transparency & Controls: 68
Accountability: 100
Sustainability: 57
Growth: 100

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 69%; rating input score 69
Program expense ratio: 79.9%; rating input score 80
Fundraising efficiency: Limited

Transparency & Controls

Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: No; rating input score 0
Related-party transparency: Limited

Accountability

Independent voting board: 100%; rating input score 100; 64th 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: 13.7%; rating input score 75; 75th percentile among comparable filings
Total-asset coverage ratio: 0.62; rating input score 28; 28th percentile among comparable filings
Liabilities to assets ratio: 0.06; rating input score 72; 72nd percentile among comparable filings
Officer compensation ratio: 6.3%; rating input score 40; 40th percentile among comparable filings

Growth

Program expense growth: 7.9% per year; rating input score 100; 64th percentile among comparable filings
Revenue growth: 15% per year; rating input score 100; 84th percentile among comparable filings
Asset growth: 8.2% per year; rating input score 100; 63rd percentile among comparable filings

Details

Where the money goes: 69% of revenue deployed · 79.9% of spending went to programs
Governance: 8 of 8 board members independent · 9 of 9 filing controls reported
Programs: 1 filed program accomplishment · $6.2M in reported program spending
Leadership: top reported pay $225K · 16 people listed · 3 of 6 pay-setting controls reported
Consistency: 28 of 28 current checks pass
Schedules: 4 filed schedules · includes major donors and executive pay
Filing history: 3 filing years from 2016 to 2018
Contacts: How to reach this organization
Money network: 3 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.

Key Signals

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

High — Transparency & Controls: Major donor itemization scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 28/100.
Moderate — Sustainability: Officer compensation ratio scored 40/100.