Healthstar Network Inc
Nonprofit profile at a glance
- EIN
- 133911773
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Mount Kisco, NY, USA
- Phone
- 9142440440
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Health Systems
Reported finances
- Revenue
- $107,918
- Expenses
- $130,779
- Assets
- $2,980,009
- Liabilities
- $146,675
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Highest reported compensation
- SUSAN FOX (CHAIR): $5,186,504 total reported compensation
- PAUL DUNPHEY (VICE CHAIR): $1,505,060 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Healthstar network inc. D/b/a stellaris health network's primary exempt purpose is to support the community by providing management and support services to its affiliated hospital organizations: northern westchester hospital association, lawrence hospital center, white plains hospital medical center and phelps memorial hospital association.
What it reported doing in 2024
See schedule o in august of 1996 health star network, inc. D/b/a stellaris health network was formed by white plains hospital center (white plains, ny) and northern westchester hospital association, (mt. Kisco, ny). In recognition of dramatic changes occurring in the regional health care marketplace, healthstar was created to partner like-minded healthcare entities. These organizations recognized the value of collaboration, synergy, and leverage, and determined to form an alliance to improve health quality and performance, and reduce costs. Stellaris health network the region's first community hospital network, evolved out of the member organization's shared vision to maintain local decision making and delivery of high quality health care services. In march, 1997 lawrence hospital center (bronxville, ny) joined the network and in october 1997 phelps memorial hospital assoc. (sleepy hollow, ny) followed suit. In 2000, the network sponsored the formation of an emergency medical services (ems), which provides municipal paramedic services to nearly one third of westchester county, ny. In addition, starnet emergency services (trade name-westchester ems) also provides ambulance and related services for the network individual clients and other non-affiliated institutions.in 2001, healthstar network, inc. Began operating under the trade name of stellaris health network. Stellaris represents the stellar level of care and services we strive to deliver, and poetically refer to the growing constellation of affiliates in our network. Based in armonk, ny, stellaris health network was managed by sharon m. Lucian, president and ceo. Together the organization set an agenda for working together to accomplish goals that alone would be more difficult (or impossible) to achieve. Among the most important initiatives, the organization envisioned the design and installation of a high quality information technology infrastructure. Other core objectives included reduction of expenses through supply chain centralization initiatives, sharing of best practices to improve the quality of services and clinical care offered to our patients. Strategic goals for stellaris included cost reduction initiatives such as supply chain management of consolidated business functions such as joint insurance procurement programs, hipaa compliance, the implementation of a state of the art information system and clinical initiatives such as the sponsorship of an emergency medical service (ems).
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- 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 most filed governance safeguards are in place. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 59
- Accountability: 60
- Sustainability: 38
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 84%; rating input score 84
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 22nd 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: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 50%; rating input score 50; 16th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -21.2%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 22.79; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: 564.6%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: -24.7% per year; rating input score 0; 5th percentile among comparable filings
- Revenue growth: -17.1% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: -17.2% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 84% of spending went to programs
- Governance: 2 of 4 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $110K in reported program spending
- Leadership: top reported pay $5.2M · 4 people listed · 0 of 6 pay-setting controls reported
- Consistency: 19 of 20 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Related organizations: 5 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.
- Review — Accountability: Independent voting board scored 50/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Sustainability: Operating margin scored 13/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.