Staten Island Performing Provider System Llc

Nonprofit profile at a glance

EIN
472544659
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Staten Island, NY, USA
Phone
9178301148
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Nonmonetary Support N.E.C.

Official website

Reported finances

Revenue
$4,406,700
Expenses
$5,532,387
Assets
$3,180,129
Liabilities
$16,936,571

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

Leadership & pay

8 people listed

Executive titles in this filing

  • Jospeh Conte (Executive Director)

Highest reported compensation

  • LAURENCE KRAEMER (Secretary/Trustee): $1,677,461 total reported compensation
  • BRAHIM ARDOLIC (Trustee/Exec Dir Northwell): $1,211,964 total reported compensation
  • Jospeh Conte (Executive Director): $624,586 total reported compensation

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

Overview

Mission

Staten island performing provider system, llc's mission is to lessen the burden of government and promote health through the establishment of a performing provider system ("pps") under New York state department of health's delivery system reform incentive payment ("dsrip") program, by providing support and other assistance to physicians, hospitals, outpatient clinics, and other healthcare service providers to encourge, facilitate, and enhance their ability to collaborate in furtherance of successfully implementing innovative and effective programs, projects, and services aimed at achieving healthcare delivery system transformation, improvements in clinical outcomes, patient satisfaction, and population health management and care coordination for the benefit of medicaid beneficiaries and patient populations.

What it reported doing in 2024

STATEN ISLAND PERFORMING PROVIDER SYSTEM (SIPPS) is a participant in New York State's Delivery System Reform Incentive Payment (DSRIP) program. The program's goals include reducing avoidable hospitalizations and ensuring that patients with Medicaid switch to a community-based care system that emphasizes preventative care over reliance on the emergency room.

Operating model

Revenue model
Earned-program. 87% 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. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 66
  • Accountability: 81
  • Sustainability: 9
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 98.3%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • 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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 66.7%; rating input score 67; 11th 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: -25.5%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 0.57; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: 5.33; rating input score 0; 0th percentile among comparable filings
  • Officer compensation ratio: 30%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: -49.1% per year; rating input score 0; 0th percentile among comparable filings
  • Revenue growth: -84.1% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: -87.4% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 98.3% of spending went to programs
  • Governance: 4 of 6 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $5.4M in reported program spending
  • Leadership: top reported pay $1.7M · 8 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $3.2M reported
  • Consistency: 25 of 25 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 226 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.
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 5/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 21/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.