Is Northern Dutchess Hospital Legit?

Northern Dutchess Hospital demonstrates consistent financial growth and appears to be in a stable financial position. Over the past decade, its revenue has significantly increased from $88.7 million in 2014 to $184.2 million in 2023, indicating strong operational performance and community support. The organization consistently reports positive net income, with expenses generally well-managed relative to revenue. For instance, in 2023, expenses were $179.3 million against $184.2 million in revenue, resulting in a surplus. This consistent surplus contributes to a healthy growth in assets, which have more than doubled from $126.6 million in 2014 to $230.9 million in 2023. The hospital's spending efficiency, as indicated by the consistent positive difference between revenue and expenses, suggests effective management of its resources. While specific program, administrative, and fundraising breakdowns are not explicitly detailed in the provided summary, the overall financial health points to a well-run operation. The absence of reported officer compensation in the provided data for all periods is notable and suggests that executive compensation might be handled through a related entity or not directly reported in this specific section of the 990, which could impact a full transparency assessment without further detail. However, the consistent filing history and growth indicate a commitment to operational transparency through regular reporting.