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Nonprofit · EIN 13-5596796

MARY IMOGENE BASSETT HOSPITAL

Tax-exempt · COOPERSTOWN, NY 13326

Financials

$694.5M$733.1M2023$790.7M$835.2M2024
Revenue Expenses · by fiscal year end
Financials of MARY IMOGENE BASSETT HOSPITAL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$790,743,108$835,237,314-$44,494,206$430,388,130$300,855,604$129,532,526
December 31, 2023990$694,471,179$733,107,689-$38,636,510$411,187,008$240,412,610$170,774,398
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$50,296,580
of which government grants
$33,294,886
Program service revenue
$734,282,570
Investment income
$6,163,958
Net gain from sales of assets
$439,636
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,303,551
Compensation of officers, directors and key employees
$524,460
Other salaries and wages
$382,901,772
Salaries, compensation and benefits (total)
$450,609,662
Professional fundraising fees
$0
Legal fees
$2,230,241
Accounting fees
$669,800
Occupancy
$21,817,780
Travel
$1,324,563
Depreciation
$30,091,322
Program services (functional)
$794,665,858
Management and general (functional)
$39,704,481
Fundraising (functional)
$866,975

Balance sheet and other

Total assets, start of year
$411,187,008
Total assets, end of year
$430,388,130
Total liabilities, end of year
$300,855,604
Net assets, end of year
$129,532,526
Land, buildings and equipment
$132,880,019
Publicly traded securities
$62,340,340
Net assets without donor restrictions
$44,940,329
Net assets with donor restrictions
$84,592,197
Gross receipts
$790,743,108
Employees
4,000
Volunteers
100
Year formed
1921
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Dhananjai MenziesSnr Attending Physician
Highest-paid employee
40$1,348,890$0$36,862
Mun HongAssociate Chief
Highest-paid employee
40$1,005,697$0$30,500
WT HuntsmanDivision Chief Plastic Reconstructive
Highest-paid employee
40$929,324$0$36,400
Ethan TalbotSnr Attending Physician
Highest-paid employee
40$873,564$0$33,720
Timothy P KorytkoDivision Chief
Highest-paid employee
40$861,711$0$35,307
Staci ThompsonNetwork President CEO
Trustee or director, Officer
2$0$866,810$12,117
Henry Weil MDBMC President
Officer
2$0$809,687$42,289
Craig FaerberInterim Network CFO
Officer
40$524,460$0$0
Tommy Ibrahim MDFormer President
Former
0$0$411,723$12,888
Andrew MariettaBoard Secretary
Trustee or director
2$0$0$0
Bruce C Vladeck PhDBoard Member
Trustee or director
2$0$0$0
Donald Bordley MDBoard Member
Trustee or director
2$0$0$0
Donald O Quest MDBoard Member
Trustee or director
2$0$0$0
Douglas B WilliesBoard Member
Trustee or director
2$0$0$0
J Michael MoffatBoard Member
Trustee or director
2$0$0$0
10 more people on this return
NameTitleHours / weekCompensation
James PatrickBoard Member
Trustee or director
2$0
Jane Forbes ClarkChair
Trustee or director
2$0
John D BullisBoard Member
Trustee or director
2$0
Katherine G Nickerson MDBoard Member
Trustee or director
2$0
Kevin MooreBoard Member
Trustee or director
2$0
Maureen Killackey MDVice Chair
Trustee or director
2$0
Peter J HamiltonBoard Member
Trustee or director
2$0
Robert HanftTreasurer
Trustee or director
2$0
Terry Fulmer PhD RNBoard Member
Trustee or director
2$0
Walter Franck MDVice Chair
Trustee or director
2$0
990 for the year ended December 31, 2023: 24 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DHANANJAI MENZIESATTENDING PHYSICIAN
Highest-paid employee
1$1,333,062$0$35,335
MUN HONGATTENDING PHYSICIAN
Highest-paid employee
1$1,027,716$0$30,570
WT HUNTSMANDIVISION CHIEF PLASTIC SURGERY
Highest-paid employee
1$796,884$0$34,839
ALFRED TINGERATTENDING PHYSICIAN
Highest-paid employee
1$782,807$0$30,236
TIMOTHY KORYTKOATTENDING PHYSICIAN
Highest-paid employee
1$780,004$0$29,996
TOMMY IBRAHIMPRESIDENT & CEO
Officer
1$0$709,126$33,236
PAUL SWINKOCFO
Officer
40$0$489,022$13,800
STACI THOMPSONEVP/COO
Key employee
40$0$311,722$7,124
JANE FORBES CLARKBOARD CHAIRMAN & TRUSTEE
Trustee or director
1$0$0$0
MAUREEN KILLACKEY MDVICE CHAIRMAN & TRUSTEE
Trustee or director
1$0$0$0
WALTER A FRANCK MDVICE CHAIRMAN & TRUSTEE
Trustee or director
1$0$0$0
ROBERT S HANFTTREASURER & TRUSEE
Trustee or director
1$0$0$0
ANDREW MARIETTASECRETARY
Trustee or director
1$0$0$0
JOHN BULLISTRUSTEE
Trustee or director
1$0$0$0
DONALD R BORDLEYTRUSTEE
Trustee or director
1$0$0$0
TERRY FULMERTRUSTEE
Trustee or director
1$0$0$0
PETER HAMILTONTRUSTEE
Trustee or director
1$0$0$0
J MICHAEL MOFFATTRUSTEE
Trustee or director
1$0$0$0
KATHERINE NICKERSON MDTRUSTEE
Trustee or director
1$0$0$0
JAMES PATRICKTRUSTEE
Trustee or director
1$0$0$0
KEVIN MOORETRUSTEE
Trustee or director
1$0$0$0
DONALD QUEST MDTRUSTEE
Trustee or director
1$0$0$0
BRUCE VLADECK PHDTRUSTEE
Trustee or director
1$0$0$0
DOUGLAS WILLIESTRUSTEE
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
1 ATWELL RD, COOPERSTOWN, NY 13326-1301
In care of
% SANDRA MACDONALD
Principal officer (990 for 2024)
STACI THOMPSON, ONE ATWELL ROAD, COOPERSTOWN, NY 13326
Signed the 990
STACI THOMPSON, CEO
Phone
(607) 547-3635
Return prepared by
KPMG LLP

Mission

MARY IMOGENE BASSETT HOSPITAL IS A RURAL ACADEMIC MEDICAL CENTER COMMITTED TO PROVIDING EXCELLENCE IN HEALTH CARE SERVICES, EDUCATING PHYSICIANS AND OTHER HEALTH CARE PROFESSIONALS, AND PURSUING HEALTH RESEARCH.

990 for the year ended December 31, 2024

Program accomplishments

  • INPATIENT AND OUTPATIENT SERVICES PROVIDED TO OUR PATIENTS RESULTED IN OVER 11,000 HOSPITALIZATIONS, 50,000 PATIENT DAYS, 15,000 EMERGENCY VISITS, 634,000 OUTPATIENT VISITS AND 8,000 SURGICAL CASES
    Expenses $789,869,746 · grants $1,303,551 · revenue $734,282,570
  • COMMUNITY INVOLVEMENT HAS BEEN LINKED TO BASSETT'S MISSION AND VALUES SINCE IT FIRST OPENED IN 1921. WHETHER IT IS STRENGTHENING OUR COMMUNITY RELATIONSHIPS FOR HEALTH AND WELLNESS, COMMUNICATING IDEAS FOR IMPROVING OUR SERVICES TO OUR REGION, OR PROVIDING A FORUM FOR BASSETT TO LEARN AND LISTEN, WE ARE WORKING WITH OUR COMMUNITY TO IMPROVE THE QUALITY OF LIFE OF THE PEOPLE OF OUR REGION. OUR COMMUNITY SERVICES PROGRAM PROVIDES FREE SERVICES TO PERSONS WHO CANNOT AFFORD TO PAY, WHO DO NOT QUALIFY FOR MEDICAID, AND WHO FALL WITHIN THE ESTABLISHED INCOME GUIDELINES. BASSETT'S COMMUNITY HEALTH EDUCATION PROGRAMS INCLUDE LECTURES, PRESENTATIONS, HEALTH FAIRS, AND OTHER GROUP PROGRAMS IN ADDITION TO THE CLINICAL AND DIAGNOSTIC SERVICES OFFERED. CLINICAL SERVICES OFFERED INCLUDES SCREENINGS, HEALTH TESTS AND HEALTH RISK APPRAISALS INCLUDING BLOOD PRESSURE, LIPID PROFILE, CHOLESTEROL SCREENINGS, CARDIOLOGY RISK FACTOR SCREENINGS, AND ALL CANCER SCREENINGS. OUR COMMUNITY BUILDING ACTIVITIES INCLUDE PHILANTHROPIC SUPPORT FOR HEALTH INITIATIVES AND COMMUNITY HEALTH AND WELFARE PROJECTS INCLUDING PROMOTING HEALTHY LIFESTYLES, DISEASE PREVENTION, AND COMMUNITY AWARENESS INITIATIVES. OUR DOORS ARE OPEN 24 HOURS A DAY, 7 DAYS A WEEK, 365 DAYS A YEAR. WE ARE PROUD TO PROVIDE CARE TO OUR COMMUNITIES.
    Expenses $4,796,112

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
13-5596796
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Hospital or medical research organization
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1934
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E220)
Assets (IRS master file)
$430,388,130
Income (IRS master file)
$790,743,108

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$790,743,108$835,237,314$430,388,130IRS
990-TDecember 2024–––IRS
990December 2023$694,471,179$733,107,689$411,187,008XML
990-TDecember 2023–––IRS
990December 2022$641,906,216$706,407,874$369,559,635IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-5596796).

Questions about MARY IMOGENE BASSETT HOSPITAL

What is the EIN of MARY IMOGENE BASSETT HOSPITAL?
The employer identification number (EIN) of MARY IMOGENE BASSETT HOSPITAL is 13-5596796.
Is MARY IMOGENE BASSETT HOSPITAL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1934.
Are donations to MARY IMOGENE BASSETT HOSPITAL tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MARY IMOGENE BASSETT HOSPITAL file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MARY IMOGENE BASSETT HOSPITAL due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MARY IMOGENE BASSETT HOSPITAL last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MARY IMOGENE BASSETT HOSPITAL?
The 990 for the year ended December 31, 2024 names STACI THOMPSON.
Who are the officers and directors of MARY IMOGENE BASSETT HOSPITAL?
The 990 for the year ended December 31, 2024 lists 25 people; 6 received compensation from the organization, the highest $1,348,890 (Dhananjai Menzies, Snr Attending Physician).
How much revenue does MARY IMOGENE BASSETT HOSPITAL have?
On its 990 for the year ended December 31, 2024 it reported revenue of $790,743,108, expenses of $835,237,314 and total assets of $430,388,130 at year end.

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