Oneida Medical Practice Pc

Nonprofit profile at a glance

EIN
261147857
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
Oneida, NY, USA
Phone
3153636000
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Health Treatment Facilities, Primarily Outpatient

Official website

Reported finances

Revenue
$15,288,432
Expenses
$28,005,424
Assets
$1,703,420
Liabilities
$101,441,032

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

Leadership & pay

5 people listed

Executive titles in this filing

  • FELISSA KOERNIG (CEO/SECRETARY)
  • HARRY CAPONE MD (SOLE MEMBER/PRESIDENT)
  • JEREMIAH SWEET (CFO/INTERIM CEO)

Highest reported compensation

  • FELISSA KOERNIG (CEO/SECRETARY): $556,012 total reported compensation
  • HARRY CAPONE MD (SOLE MEMBER/PRESIDENT): $522,094 total reported compensation
  • JASON LORENC MD (VP MED AFFAIRS/CMO/ASST SECRETARY): $432,664 total reported compensation

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

Overview

Mission

Oneida medical practice, p.c. Is a not-for-profit organization committed to providing medical and other health related services in furtherance of oneida health systems, inc. D/b/a oneida health's charitable purpose.

What it reported doing in 2024

Quick care oneida and camden locations are a walk-in solution for (non-emergency) medical care, with no appointment necessary. Laboratory and x-ray services are available on-site and the highly trained quick care professional team is ready to assess various conditions. Oneida health family care is also run in conjunction with quick care camden and provides comprehensive medical care and preventative medicine through all stages of life. Chronic disease management, routine physicals, immunization and screening tests are all part of the services provided.

Operating model

Revenue model
Other-operating. 62% of the money available for current operations came from other operating 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. A relatively small share of voting board members are independent and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 88
  • Accountability: 42
  • Sustainability: 12
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 80%; rating input score 80
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 3rd 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: -83.2%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0.06; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: 59.55; rating input score 0; 0th percentile among comparable filings
  • Officer compensation ratio: 0.6%; rating input score 89; 89th percentile among comparable filings

Growth

  • Program expense growth: 12.5% per year; rating input score 100; 78th percentile among comparable filings
  • Revenue growth: 12% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 6.3% per year; rating input score 100; 44th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 80% of spending went to programs
  • Governance: 0 of 1 board members independent · 9 of 9 filing controls reported
  • Programs: 13 filed program accomplishments · $22.4M in reported program spending
  • Leadership: top reported pay $556K · 5 people listed · 5 of 6 pay-setting controls reported
  • Consistency: 24 of 24 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 4 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 — Accountability: Independent voting board scored 0/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Sustainability: Liabilities to assets ratio scored 0/100.