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Nonprofit · EIN 22-2230692

CORTLAND MEMORIAL FOUNDATION IND C O CORTLAND MEMORIAL HOSPITAL INC

Tax-exempt · CORTLAND, NY 13045

Financials

$602K$304K2022$925K$292K2023$2.2M$339K2024
Revenue Expenses · by fiscal year end
Financials of CORTLAND MEMORIAL FOUNDATION IND C O CORTLAND MEMORIAL HOSPITAL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,247,399$338,754$1,908,645$12,442,542$72,559$12,369,983
June 30, 2024990$925,105$292,065$633,040$10,763,293$32,091$10,731,202
June 30, 2023990$601,528$304,037$297,491$8,499,184$28,165$8,471,019
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,765,343
Program service revenue
$0
Investment income
$482,056
Net gain from sales of assets
$248,545
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Fundraising (functional)
$338,754

Balance sheet and other

Total assets, start of year
$10,763,293
Total assets, end of year
$12,442,542
Total liabilities, end of year
$72,559
Net assets, end of year
$12,369,983
Net assets without donor restrictions
$3,070,084
Net assets with donor restrictions
$9,299,899
Gross receipts
$2,300,556
Employees
0
Volunteers
12
Year formed
1978
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Jennifer L YartymDirector - President - GCMC
Trustee or director
55$0$510,725$23,397
Philip Heavner MDDirector
Trustee or director
55$0$437,449$50,963
Kristin Algoe MDDirector
Trustee or director
55$0$445,685$36,085
Erica Skipton MDDirector
Trustee or director
55$0$399,885$33,967
Kansas UnderwoodDirector
Trustee or director
55$0$321,435$47,517
REX GIDO DODirector
Trustee or director
55$0$301,154$15,492
Marie Carter-DarlingSecretary - Director
Trustee or director, Officer
55$0$151,530$21,663
DARSHAN PATEL MDDIRECTOR (TERM 11/2024)
Trustee or director
55$0$138,993$3,127
Sheila OssitEXECUTIVE DIRECTOR
Officer
55$0$94,414$5,791
Bradley TotmanChair - Director
Trustee or director, Officer
1$0$0$0
Clinton BrooksVice Chair - Director
Trustee or director, Officer
1$0$0$0
Mary Ellen BloodgoodTreasurer - Director
Trustee or director, Officer
1$0$0$0
Jeffrey BreedDirector
Trustee or director
1$0$0$0
Amy BuggsDirector
Trustee or director
1$0$0$0
MARISA CLIFFORD DMDDirector
Trustee or director
1$0$0$0
6 more people on this return
NameTitleHours / weekCompensation
William CraneDirector
Trustee or director
1$0
Jason HageDirector
Trustee or director
1$0
Otto JankeDirector
Trustee or director
1$0
Caitlin McKillopDirector
Trustee or director
1$0
Ayden WilberDirector
Trustee or director
1$0
Steve WineburgDirector
Trustee or director
1$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
PAUL G VERVALINDIRECTOR - EVP/COO TGC
Trustee or director
55$0$712,623$82,674
JENNIFER L YARTYMDIRECTOR - PRESIDENT - GCMC
Trustee or director
55$0$396,011$24,221
DARSHAN PATEL MDDIRECTOR
Trustee or director
55$0$183,360$0
MARIE DARLINGDIRECTOR
Trustee or director
55$0$143,771$8,056
SHEILA OSSITEXECUTIVE DIRECTOR
Officer
55$0$90,985$5,701
JASON HAGECHAIR - DIRECTOR
Trustee or director, Officer
1$0$0$0
BRADLEY TOTMANVICE CHAIR - DIRECTOR
Trustee or director, Officer
1$0$0$0
MARY ELLEN BLOODGOODSECRETARY - DIRECTOR
Trustee or director, Officer
1$0$0$0
CLINTON BROOKSTREASURER - DIRECTOR
Trustee or director, Officer
1$0$0$0
JEFFREY BREEDDIRECTOR
Trustee or director
1$0$0$0
AMY BUGGSDIRECTOR
Trustee or director
1$0$0$0
MARISA CLIFFORD DMDDIRECTOR
Trustee or director
1$0$0$0
WILLIAM CRANEDIRECTOR
Trustee or director
1$0$0$0
REX GIDO DODIRECTOR
Trustee or director
1$0$0$0
OTTO JANKEDIRECTOR
Trustee or director
1$0$0$0
CAITLIN MCKILLOPDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended June 30, 2023: 15 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
PAUL G VERVALINDIRECTOR - EVP/COO TGC
Trustee or director
55$0$645,540$85,036
JENNIFER L YARTYMDIRECTOR - PRESIDENT - GCMC
Trustee or director
55$0$308,218$16,013
MARIE DARLINGDIRECTOR
Trustee or director
55$0$131,518$16,763
DARSHAN PATEL MDDIRECTOR
Trustee or director
20$0$76,280$0
SHEILA OSSITEXECUTIVE DIRECTOR
Officer
55$0$66,012$3,745
MARISA CLIFFORD DMDCHAIR - DIRECTOR
Trustee or director, Officer
1$0$0$0
JASON HAGEVICE CHAIR - DIRECTOR
Trustee or director, Officer
1$0$0$0
CLINTON BROOKSSECRETARY - DIRECTOR
Trustee or director, Officer
1$0$0$0
BRADLEY TOTMANTREASURER - DIRECTOR
Trustee or director, Officer
1$0$0$0
MARY ELLEN BLOODGOODDIRECTOR
Trustee or director
1$0$0$0
JEFFREY BREEDDIRECTOR
Trustee or director
1$0$0$0
WILLIAM CRANEDIRECTOR
Trustee or director
1$0$0$0
MARK HAHNDIRECTOR
Trustee or director
1$0$0$0
CAITLIN MCKILLOPDIRECTOR
Trustee or director
1$0$0$0
DOROTHY TROIKEDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
134 HOMER AVENUE, CORTLAND, NY 13045-1206
In care of
% SEAN MONAHAN CPA
Principal officer (990 for 2024)
SHEILA OSSIT, 134 HOMER AVENUE, CORTLAND, NY 13045
Signed the 990
SHEILA OSSIT, DIRECTOR
Phone
(607) 756-3757
Return prepared by
WithumSmithBrown PC

Mission

CORTLAND MEMORIAL FOUNDATION BUILDS RELATIONSHIPS THROUGH PHILANTHROPY, STEWARDSHIP, AND EDUCATION THAT SUPPORT GUTHRIE CORTLAND MEDICAL CENTER AND ITS MISSION.

990 for the year ended June 30, 2025

Program accomplishments

  • EXPENSES INCURRED IN SUPPORTING THE CHARITABLE PURPOSES, PROGRAMS AND SERVICES OF GUTHRIE CORTLAND MEDICAL CENTER; A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION, WHICH PROVIDES MEDICALLY NECESSARY HEALTHCARE SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN OR ABILITY TO PAY.0

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
22-2230692
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1979
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E22I)
Assets (IRS master file)
$12,442,542
Income (IRS master file)
$2,300,556

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,247,399$338,754$12,442,542IRS
990June 2024$925,105$292,065$10,763,293IRS
990June 2023$601,528$304,037$8,499,184XML
990June 2022$938,408$263,811$8,202,891IRS
990June 2021–––IRS
990June 2020–––IRS
990December 2018–––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 22-2230692).

Questions about CORTLAND MEMORIAL FOUNDATION IND C O CORTLAND MEMORIAL HOSPITAL INC

What is the EIN of CORTLAND MEMORIAL FOUNDATION IND C O CORTLAND MEMORIAL HOSPITAL INC?
The employer identification number (EIN) of CORTLAND MEMORIAL FOUNDATION IND C O CORTLAND MEMORIAL HOSPITAL INC is 22-2230692.
Is CORTLAND MEMORIAL FOUNDATION IND C O CORTLAND MEMORIAL HOSPITAL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
Are donations to CORTLAND MEMORIAL FOUNDATION IND C O CORTLAND MEMORIAL HOSPITAL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CORTLAND MEMORIAL FOUNDATION IND C O CORTLAND MEMORIAL HOSPITAL INC 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 CORTLAND MEMORIAL FOUNDATION IND C O CORTLAND MEMORIAL HOSPITAL INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CORTLAND MEMORIAL FOUNDATION IND C O CORTLAND MEMORIAL HOSPITAL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of CORTLAND MEMORIAL FOUNDATION IND C O CORTLAND MEMORIAL HOSPITAL INC?
The 990 for the year ended June 30, 2025 names SHEILA OSSIT.
Who are the officers and directors of CORTLAND MEMORIAL FOUNDATION IND C O CORTLAND MEMORIAL HOSPITAL INC?
The 990 for the year ended June 30, 2025 lists 21 people; 0 received compensation from the organization.
How much revenue does CORTLAND MEMORIAL FOUNDATION IND C O CORTLAND MEMORIAL HOSPITAL INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,247,399, expenses of $338,754 and total assets of $12,442,542 at year end.

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