SOLDIERS & SAILORS MEMORIAL HOSPITAL OF YATES COUNTY INC Charity Report

Public IRS 990 nonprofit record

SOLDIERS & SAILORS MEMORIAL HOSPITAL OF YATES COUNTY INC

EIN 16-0743192 · Health Care (E220)

What they do

SOLDIERS and SAILORS MEMORIAL HOSPITAL is A COMMUNITY BASED, NOT-FOR-PROFIT CRITICAL ACCESS HOSPITAL DEDICATED to MAINTAINING and IMPROVING THE HEALTH of ALL PEOPLE IN THE CENTRAL FINGER LAKES REGION. WE ARE COMMITTED to SAFE, HIGH QUALITY, COMPASSIONATE SERVICES THAT ARE CONVENIENT, ACCESSIBLE and AT REASONABLE COST, THROUGH THE EFFORTS of OUR EMPLOYEES, MEDICAL STAFF and VOLUNTEERS. WE ARE A CENTER for HEALTH EDUCATION THAT LIVES ITS LEADERSHIP COMMITMENTS THROUGH PARTICIPATION IN and SPONSORSHIP of PROFESSIONAL, ALLIED HEALTH and COMMUNITY HEALTH EDUCATION PROGRAMS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $82.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders32 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

70.17%of revenue went to mission work82.3% of expenses · Program services

0.10%of revenue went to fundraising0.1% of expenses

$85.24spent for every $100 of revenueRevenue covered expenses this year.

14.97%of revenue went to management and office costs17.6% of expenses

$1.23in assets for every $1 spent this yearSome assets cannot be spent right away.

3.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $499,187 for LUKE B CHEN (PHYSICIAN). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$61,074,669

Mission workProgram services$42,858,78070.17% of revenue82.3% of expenses

ManagementOffice and general costs$9,140,36414.97% of revenue17.6% of expenses

FundraisingAsking for donations$58,3660.10% of revenue0.1% of expenses

Revenue left after expensesReported annual surplus$9,017,15914.76% of revenueShown in gray on the chart

Total expenses$52,057,51085.24% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 82.3% mission · 17.6% management · 0.1% fundraisingTotal expenses: 85.24% of revenue

2023Expense mix: 82.1% mission · 17.8% management · 0.1% fundraisingTotal expenses: 88.08% of revenue

2022Expense mix: 81.5% mission · 18.3% management · 0.2% fundraisingTotal expenses: 91.93% of revenue

2021Expense mix: 81.3% mission · 18.7% management · 0.0% fundraisingTotal expenses: 99.80% of revenue

2020Expense mix: 80.2% mission · 19.8% management · 0.0% fundraisingTotal expenses: 79.94% of revenue

2019Expense mix: 78.2% mission · 21.8% management · 0.0% fundraisingTotal expenses: 96.61% of revenue

2018Expense mix: 78.7% mission · 21.3% management · 0.0% fundraisingTotal expenses: 92.66% of revenue

2017Expense mix: 88.9% mission · 11.1% management · 0.0% fundraisingTotal expenses: 88.34% of revenue

Money in and money out

Revenue$61,074,669

Expenses$52,057,510

Annual surplus $9,017,159 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$42,858,780 · 82.3% of expenses

Management and office costs$9,140,364 · 17.6% of expenses

Fundraising$58,366 · 0.1% of expenses

See all reported dollar amounts

Revenue$61,074,669

Expenses$52,057,510

Assets$63,919,198

Income$61,073,564

Contributions$2,015,133

Mission work (program services)$42,858,780

Fundraising$58,366

Management and general$9,140,364

Stocks and bonds$19,937,289

Accounting fees$43,406

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

LUKE B CHENPHYSICIAN · 40 hrs/week $499,187Base $496,287 · Other $2,900

PHILLIP WIRTHPHYSICIAN · 40 hrs/week $418,323Base $419,023 · Other -$700

SIXTO R MEDINAPHYSICIAN · 40 hrs/week $386,051Base $380,037 · Other $6,014

GRACE FREIERPHYSICIAN · 40 hrs/week $302,380Base $298,997 · Other $3,383

ELIZABETH R OSBORNPHYSICIAN · 40 hrs/week $301,177Base $297,944 · Other $3,233

STEVE GOLDSTEINDIRECTOR · 1 hrs/week $183,208Base · Other $183,208

JOSE ACEVEDO MDPRESIDENT & CEO · 6 hrs/week $120,242Base · Other $120,242

MICHAEL ROTONDODIRECTOR · 1 hrs/week $111,563Base · Other $111,563

LARA TURBIDECHIEF OPERATING OFFICER EFFECTIVE JULY 2024 · 8 hrs/week $76,095Base · Other $76,095

MATTHEW TALBOTTACMO · 16 hrs/week $52,180Base · Other $52,180

MARK TAUBMANDIRECTOR · 1 hrs/week $44,194Base · Other $44,194

TRISHA KOCZENTCHIEF FINANCIAL OFFICER · 6 hrs/week $34,717Base · Other $34,717

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (32)

LUKE B CHENPHYSICIAN

PHILLIP WIRTHPHYSICIAN

SIXTO R MEDINAPHYSICIAN

GRACE FREIERPHYSICIAN

ELIZABETH R OSBORNPHYSICIAN

STEVE GOLDSTEINDIRECTOR

JOSE ACEVEDO MDPRESIDENT & CEO

MICHAEL ROTONDODIRECTOR

LARA TURBIDECHIEF OPERATING OFFICER EFFECTIVE JULY 2024

MATTHEW TALBOTTACMO

MARK TAUBMANDIRECTOR

TRISHA KOCZENTCHIEF FINANCIAL OFFICER

WILLIAM GARRITYVP LONG TERM CARE

FRANK KORICHCHIEF OPERATING OFFICER UNTIL JULY 2024

CHAD M HOFFMAN-FRAGALEVP HUMAN RESOURCES

GREGORY HOFFMAN-FRAGALEVICE PRESIDENT NURSING

ROBERT ANDERSON MDDIRECTOR

ANN MCMULLENDIRECTOR

TOM BURRALLDIRECTOR

SUSAN STORKDIRECTOR

CHEVANNE DE VANEYDIRECTOR

STEPHEN GRIFFINDIRECTOR

CRAIG DENSMOREDIRECTOR

RYAN HALLINGSCHAIR

RODOLFO QUERIOZ MDDIRECTOR

KYLENE ABRAHAMDIRECTOR

CRAIG COLLINS MDDIRECTOR

PHILIP BECKLEYDIRECTOR

JAMES ADAMSVICE CHAIR

JAMES CHENEYDIRECTOR

JAMES NARDOZZISECRETARY

LANCE WARDDIRECOR

About this charity

Recognized since: January 1942
Location: 418 N MAIN STREET, PENN YAN, NY 14527-1070
County: Yates
In care of: TRISHA KOCZENT
Primary officer: TRISHA KOCZENT, TREASURER AND CFO

How to reach them

WebsiteVisit the charity’s website Phone(315) 787-4030

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: BONADIO & CO LLP
NTEE classification: Health Care (E220)