Skip to content
Nonprofiteer
← CAYUGA MEDICAL CENTER FOUNDATION

Form 990 for tax year 2024

Filed by CAYUGA MEDICAL CENTER FOUNDATION.

Totals

Total revenue
$747,041
Total expenses
$500,449
Contributions and grants received
$718,239
Grants paid
$0
Program service revenue
$0
Investment income
$143,243
Other revenue
-$114,441
Total assets, end of year
$18,704,137
Total liabilities, end of year
$13,677,954
Net assets or fund balances, end of year
$5,026,183
Program services expenses (Part IX)
$61,753
Management and general expenses
$131,856
Fundraising expenses
$306,840
Program service expenses (Part III)
$61,753

Program services were 12.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $192,692

  • 1f · All other contributions, gifts and grants

    $525,547

  • 3 · Investment income

    total $111,260 · excluded $111,260

  • 7a · Gross sales of assets other than inventory

    securities $31,983

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

    securities $0

  • 7c · Gain or loss

    securities $31,983

  • 7d · Net gain or loss

    total $31,983 · excluded $31,983

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $192,692

  • 8b · Fundraising events: direct expenses

    $114,441

  • 8c · Net income from fundraising events

    total -$114,441 · excluded -$114,441

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $97,839 · management and general $97,839

  • 11c · Fees: accounting

    total $14,441 · management and general $14,441

  • 11g · Fees: other

    total $381,755 · program services $61,753 · management and general $13,162 · fundraising $306,840

  • 14 · Information technology

    total $6,144 · management and general $6,144

  • 23 · Insurance

    total $270 · management and general $270

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $117,466 · end of year $2,038,025

  • 2 · Savings and temporary cash investments

    beginning of year $882,534 · end of year $567,443

  • 3 · Pledges and grants receivable

    beginning of year $514,557 · end of year $385,767

  • 4 · Accounts receivable

    beginning of year $61,753 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $9,315,971 · end of year $9,851,029

  • 12 · Investments: other securities

    beginning of year $5,450,170 · end of year $5,852,575

  • 15 · Other assets

    beginning of year $270 · end of year $9,298

  • 17 · Accounts payable and accrued expenses

    beginning of year $99,207 · end of year $13,238

  • 25 · Other liabilities

    beginning of year $11,926,187 · end of year $13,664,716

  • 27 · Net assets without donor restrictions

    beginning of year -$86,172 · end of year $161,579

  • 28 · Net assets with donor restrictions

    beginning of year $4,403,499 · end of year $4,864,604

Mission and programs · 2024

Mission

NONE

Activities or mission (Part I)

TO PROVIDE ASSISTANCE TO CAYUGA MEDICAL CENTER SO AS TO PROVIDE HEALTH AND WELFARE MAINLY THROUGH FUND RAISING, INVESTMENT ACTIVITIES, FUNDING FOR CAPITAL EQUIPMENT AND PROVIDING EDUCATION SCHOLARSHIPS RELATING TO THE HEALTHCARE FIELD

  • TO PROVIDE FUNDS TO OR FOR THE BENEFIT OF CAYUGA MEDICAL CENTER AT ITHACA, SO AS TO PROMOTE THE HEALTH AND WELFARE OF THE COMMUNITY BY SOLICITING, ACCEPTING, HOLDING, INVESTING AND REINVESTING GIFTS, GRANTS, CONTRIBUTIONS, DEVICES, BENEFITS OR TRUSTS, ENDOWMENTS AND PROPERTY OF ANY KIND WITHOUT LIMITATIONS AS TO THE AMOUNT OR VALUE.

    Expenses $61,753

As filed on the 2024 return.

Listed in Part VII

  • Mark Kreydt

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Garrett Venuto

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Jerry Mickelson

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5
  • Lisa Seyfried

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5
  • John Ford

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Robin Tobin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Ryan Ann Cornish

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Lynnette Scofield

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Cathy Benson-Aloi

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Alyssa Fontaine

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Brenda Warren-Fitch

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Thomas Evans

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • Amy Little

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202533179349310018

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.