Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $631,620

• 1e · Government grants (contributions)

  $2,280,797

• 1f · All other contributions, gifts and grants

  $34,875,690

• 2a · Program service revenue: DIRECT PATIENT SERVICE REVENUE

  total $612,034,913 · related or exempt $612,034,913

• 2b · Program service revenue: OTHER PATIENT SERVICE REVENUE

  total $43,619,620 · related or exempt $43,619,620

• 3 · Investment income

  total $731,246 · unrelated business $110,436 · excluded $620,810

• 7a · Gross sales of assets other than inventory

  other assets $297,293

• 7b · Less cost or other basis and sales expenses

  other assets $0

• 7c · Gain or loss

  other assets $297,293

• 7d · Net gain or loss

  total $297,293 · excluded $297,293

Functional expenses

Part IX, the statement of functional expenses.

• 6 · Compensation of disqualified persons

  total $122,848 · program services $122,848

• 7 · Other salaries and wages

  total $348,231,745 · program services $319,856,779 · management and general $28,054,670 · fundraising $320,296

• 8 · Pension plan contributions

  total $14,665,382 · program services $13,461,038 · management and general $1,204,344

• 9 · Other employee benefits

  total $13,817,748 · program services $12,702,941 · management and general $1,114,807

• 10 · Payroll taxes

  total $20,758,203 · program services $19,062,088 · management and general $1,672,884 · fundraising $23,231

• 11d · Fees: lobbying

  total $37,618 · management and general $37,618

• 11g · Fees: other

  total $121,764,913 · program services $120,616,810 · fundraising $1,148,103

• 12 · Advertising and promotion

  total $7,650,836 · program services $7,650,836

• 13 · Office expenses

  total $1,280,000 · program services $1,280,000

• 16 · Occupancy

  total $17,144,594 · program services $15,761,380 · management and general $1,383,214

• 17 · Travel

  total $2,820,482 · program services $2,820,482

• 20 · Interest

  total $6,053,752 · program services $5,560,218 · management and general $487,963 · fundraising $5,571

• 22 · Depreciation, depletion and amortization

  total $28,141,117 · program services $25,869,010 · management and general $2,270,256 · fundraising $1,851

• 23 · Insurance

  total $3,336,752 · program services $3,336,752

• 24a · Other expenses: DRUGS AND REAGENTS

  total $78,811,803 · program services $78,811,803

• 24b · Other expenses: PATIENT SUPPLIES

  total $57,022,716 · program services $57,022,716

• 24c · Other expenses: BAD DEBT

  total $5,195,855 · program services $5,195,855

• 24d · Other expenses: CHARITY CARE

  total $3,245,174 · program services $3,245,174

• 24e · All other expenses

  total $3,006,151 · program services $3,006,151

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,933,486 · end of year $12,920,834

• 2 · Savings and temporary cash investments

  beginning of year $2,827,030 · end of year $0

• 3 · Pledges and grants receivable

  beginning of year -$26,792,588 · end of year $37,563,269

• 4 · Accounts receivable

  beginning of year $48,828,726 · end of year $61,121,431

• 8 · Inventories for sale or use

  beginning of year $9,262,059 · end of year $9,924,426

• 9 · Prepaid expenses and deferred charges

  beginning of year $7,565,808 · end of year $6,128,960

• 10a · Land, buildings and equipment: cost or other basis

  $527,246,449

• 10b · Land, buildings and equipment: accumulated depreciation

  $384,057,372

• 10c · Land, buildings and equipment, net

  beginning of year $153,490,693 · end of year $143,189,077

• 11 · Investments: publicly traded securities

  beginning of year $58,164,504 · end of year $62,119,441

• 12 · Investments: other securities

  beginning of year $50,904,166 · end of year $52,740,616

• 15 · Other assets

  beginning of year $62,375,751 · end of year $25,478,954

• 17 · Accounts payable and accrued expenses

  beginning of year $45,434,468 · end of year $50,849,371

• 20 · Tax-exempt bond liabilities

  beginning of year $64,440,000 · end of year $61,575,000

• 23 · Secured mortgages and notes payable

  beginning of year $35,757,128 · end of year $45,403,230

• 25 · Other liabilities

  beginning of year $21,533,103 · end of year $82,585,009

• 27 · Net assets without donor restrictions

  beginning of year $125,810,755 · end of year $92,235,936

• 28 · Net assets with donor restrictions

  beginning of year $76,584,181 · end of year $78,538,462

The filer's explanations (Part III)

PART I, LINE 4A

PAUL SWINKO RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $181,250. THIS AMOUNT IS INCLUDED IN THE TOTAL REPORTED IN COLUMN B(III).

PART I, LINE 7

NON-FIXED PAYMENTS PROVIDED NON-FIXED PAYMENTS ARE MADE BASED ON THE SUCCESS IN MEETING PERFORMANCE CRITERIA THAT ARE PROSPECTIVELY AGREED UPON AS GOALS FOR THE OFFICERS AND OTHER EMPLOYEES.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• BASSETT ACCOUNTABLE CARE PARTNERS LLC

  HEALTHCARE QUALITY · NY · income $0 · assets $0

  Directly controlled by MIBH

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• FIRST COMMUNITY CARE OF BASSETT

  HEALTHCARE · NY

• STAMFORD PROFESSIONAL ASSOCIATES

  RENTAL · NY

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• LEATHERSTOCKING PHYSICIANS PC

  C · HEALTHCARE SVCS · NY

• CATSKILL CARE ENTERPRISES

  C · RETAIL PHARMACY · NY