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Bassett Hospital of Schoharie County

Also known as Cobleskill Regional Hospital

Cobleskill, NY · EIN 14-1772971 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Bassett Hospital of Schoharie County reported $54.7 million in revenue and $41.1 million in expenses for calendar year 2024. Of every $100 it spent, $83.02 went to program services, $16.82 to management and general costs and $0.16 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.6% of the total. The highest compensation it reported for one person was $878,927 (BHN President and CEO). 43 people received more than $100,000 in reportable compensation. Revenue rose 59% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $41M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $55M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
83.0%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
16.8%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.2%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.04$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
2.9%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
2.3%0.1%
Program service revenue share
Part VIII 2g ÷ 12
96.6%93.7%
Highest reported compensation
Part VII-A, columns D–F
$878,927$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.14%1.34%
People paid over $100,000
Part VII, line 2
4327
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
19.96.6
Independent voting board members
Part VI 1a–1b
10 of 1288.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$34M expenses · 100.0% of program spending · revenue $53M

Provision of hospital care to residents of Schoharie County and the surrounding region. Inpatient and outpatient services provided to our patients resulted in over 800 hospitalizations, 4,800 patient days, 27,000 clinic visits, and 11,000 emergency visits

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
BHN President and CEO
Officer, 2.0 hrs/week
$0$866,810$12,117$878,927
Interim Network CFO
Officer, 2.0 hrs/week
$0$524,460$0$524,460
FORMER VP NON-CLINICAL OPS
Former, 0.0 hrs/week
$0$424,892$8,105$432,997
Former President
Former, 0.0 hrs/week
$0$411,723$12,888$424,611
Board Member
Director/trustee, 2.0 hrs/week
$0$333,556$29,773$363,329
Board Member (As of 10/24)
Director/trustee, 2.0 hrs/week
$0$313,133$14,428$327,561
President
Officer, 40.0 hrs/week
$294,938$0$18,014$312,952
Clinical Director Lab
Highest compensated employee, 40.0 hrs/week
$181,911$0$9,787$191,698

43 people received more than $100,000 in reportable compensation from Bassett Hospital of Schoharie County (Part VII, line 2). Compensation of current officers, directors and key employees totaled $295K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80M201920202021202220232024$55M$41M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$55M$41M83.0%$68M$878,927
2023 ⓘ$47M$39M76.7%$54M$742,362
2022 ⓘ$45M$35M84.3%$46M$615,888
2021 ⓘ$38M$30M80.0%$37M$587,347
2020 ⓘ$37M$31M79.0%$28M$443,390
2019 ⓘ$35M$30M73.3%$22M$442,724

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b12 · 10 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5218
  • Volunteers Part I, line 611

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
DAVIN HEALTHCARE WORKFORCE SOLUTIONS INC
Agency
$722,705
TRUSTED NURSE STAFFING LLC
Agency
$636,285
ALLIANCE HEALTHCARE SERVICES
Mri services
$584,364
MAYO MEDICAL LABORATORIES
Lab testing services
$507,263
MORRISON MANAGEMENT SPECIALISTS
Food services
$361,304

Individuals listed as contractors are left out. 8 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Bassett Hospital of Schoharie County's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Bassett Hospital of Schoharie County, you can publish a response that is linked from this page.

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Questions people ask

How much of Bassett Hospital of Schoharie County's spending goes to programs?

In calendar year 2024, Bassett Hospital of Schoharie County reported that 83.0% of its $41.1 million in expenses went to program services, 16.8% to management and general and 0.2% to fundraising (Form 990, Part IX).

How much does Bassett Hospital of Schoharie County pay its top executive?

The largest total compensation Bassett Hospital of Schoharie County reported for one person in calendar year 2024 was $878,927, for the role of BHN President and CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Bassett Hospital of Schoharie County get its money?

Of $54.7 million in revenue in calendar year 2024, 2.9% came from contributions and grants (including 2.3% from government grants) and 96.6% from program service revenue (Form 990, Part VIII).

Is Bassett Hospital of Schoharie County a registered charity?

The IRS lists EIN 14-1772971 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202543179349305399 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202433199349310098 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303189349315170 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233199349321818 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202113199349325281 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202033189349308008 · read the filing

All filings for EIN 14-1772971: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.