Guthrie Cortland Medical Center
Guthrie Cortland Medical Center experiences recent operating deficit despite significant asset growth.
EIN: 150532079 · Cortland, NY · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $148.8M |
| Total Expenses | $121.8M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $63.3M |
| Transparency Score | 75/100 |
Is Guthrie Cortland Medical Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Guthrie Cortland Medical Center directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Guthrie Cortland Medical Center
Guthrie Cortland Medical Center (EIN: 150532079) is a nonprofit organization based in Cortland, NY, classified under NTEE code E220. The organization reported total revenue of $148.8M and total assets of $406.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Guthrie Cortland Medical Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Guthrie Cortland Medical Center is a major nonprofit that has been operating for 69 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $113.4M |
| Total Expenses | $121.8M |
| Surplus / Deficit | $-8,345,719 |
| Total Assets | $254.0M |
| Total Liabilities | $190.7M |
| Net Assets | $63.3M |
| Operating Margin | -7.4% |
| Debt-to-Asset Ratio | 75.1% |
| Months of Reserves | 25.0 months |
Financial Health Grade: C
In 2023, Guthrie Cortland Medical Center reported a deficit of $8.3M with expenses exceeding revenue, holds 25.0 months of operating reserves (strong position), has a debt-to-asset ratio of 75.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Guthrie Cortland Medical Center's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.1% | +12.1% | +90.2% |
| 2022 | +13.3% | +13.2% | +27.7% |
| 2021 | -0.5% | +2.9% | +16.7% |
| 2020 | +101.4% | +98.2% | +17.4% |
| 2019 | -52.0% | -50.6% | +15.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1957 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Guthrie Cortland Medical Center with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Guthrie Cortland Medical Center allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 75.1%.
Executive Compensation Analysis
The reported 0% officer compensation across all available filings is highly unusual for an organization of this size with over $100 million in annual revenue and hundreds of millions in assets. This suggests that executive compensation may be reported under different categories or through a related entity, warranting further investigation for complete transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Guthrie Cortland Medical Center's IRS 990 filings:
- Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and may indicate a lack of transparency in executive pay reporting.
- Operating deficit in the most recent filing (202306), with expenses exceeding revenue by over $8 million, indicating potential financial strain or significant investment.
Strengths
The following positive indicators were identified for Guthrie Cortland Medical Center:
- Significant asset growth from $89.6 million in 202006 to $254 million in 202306, indicating expansion and investment in facilities or services.
- Generally stable revenue generation over the past several years, consistently above $90 million prior to the 202306 period.
- Positive net assets (Assets minus Liabilities) maintained across all reported periods, demonstrating long-term financial solvency.
Frequently Asked Questions about Guthrie Cortland Medical Center
Is Guthrie Cortland Medical Center a legitimate charity?
Guthrie Cortland Medical Center (EIN: 150532079) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $148.8M. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Guthrie Cortland Medical Center spend its money?
Guthrie Cortland Medical Center directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Guthrie Cortland Medical Center tax-deductible?
Guthrie Cortland Medical Center is registered as a tax-exempt nonprofit (EIN: 150532079). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Guthrie Cortland Medical Center CEO make?
Guthrie Cortland Medical Center's highest-compensated officer earns $100 annually. The organization reported $148.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Guthrie Cortland Medical Center's spending goes to programs?
Guthrie Cortland Medical Center directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Guthrie Cortland Medical Center compare to similar nonprofits?
With a transparency score of 75/100 (Good), Guthrie Cortland Medical Center is above average for NTEE category E220 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Guthrie Cortland Medical Center located?
Guthrie Cortland Medical Center is headquartered in Cortland, New York and files with the IRS under EIN 150532079. It is classified under NTEE code E220.
How many years of IRS 990 filings does Guthrie Cortland Medical Center have?
Guthrie Cortland Medical Center has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $148.8M in total revenue.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% for officer compensation across all filings is highly unusual for an organization of this scale. It suggests that executive compensation might be paid through a related entity, or categorized differently within the financial statements, which could obscure the true cost of leadership.
What caused the operating deficit in the 202306 period?
In the 202306 period, expenses ($121,765,073) exceeded revenue ($113,419,354), resulting in an operating deficit. Further analysis of the detailed 990 form would be needed to identify specific drivers such as increased operational costs, capital expenditures, or reduced service revenue.
How is the significant asset growth being financed?
The organization's assets grew substantially from $89,600,298 in 202006 to $254,020,038 in 202306. Concurrently, liabilities also increased significantly from $54,364,810 to $190,705,080. This suggests that a substantial portion of the asset growth is financed through debt, which is common for healthcare organizations undertaking expansion.
Filing History
IRS 990 filing history for Guthrie Cortland Medical Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Guthrie Cortland Medical Center's revenue has grown by 21.6%, moving from $93.2M to $113.4M. Total assets increased by 130% over the same period, from $110.4M to $254.0M. Total functional expenses rose by 40.9%, from $86.4M to $121.8M. In its most recent filing year (2023), Guthrie Cortland Medical Center reported a deficit of $8.3M, with expenses exceeding revenue. The organization holds $190.7M in liabilities against $254.0M in assets (debt-to-asset ratio: 75.1%), resulting in net assets of $63.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $113.4M | $121.8M | $254.0M | $190.7M | — | View 990 |
| 2022 | $109.0M | $108.6M | $133.5M | $66.2M | — | View 990 |
| 2021 | $96.2M | $95.9M | $104.6M | $42.6M | — | View 990 |
| 2020 | $96.7M | $93.2M | $89.6M | $54.4M | — | View 990 |
| 2019 | $48.0M | $47.1M | $76.3M | $38.4M | — | View 990 |
| 2018 | $99.9M | $95.2M | $66.3M | $34.5M | — | View 990 |
| 2017 | $96.4M | $89.9M | $73.2M | $50.7M | — | View 990 |
| 2016 | $84.3M | $87.9M | $72.4M | $49.9M | — | View 990 |
| 2015 | $89.1M | $87.7M | $112.4M | $49.2M | — | View 990 |
| 2014 | $86.8M | $85.0M | $116.0M | $54.0M | — | View 990 |
| 2013 | $81.7M | $92.0M | $123.2M | $51.9M | — | View 990 |
| 2012 | $100.5M | $90.8M | $122.4M | $55.4M | — | View 990 |
| 2011 | $93.2M | $86.4M | $110.4M | $51.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $113.4M, expenses of $121.8M, and assets of $254.0M (revenue +4.1% year-over-year).
- 2022: Revenue of $109.0M, expenses of $108.6M, and assets of $133.5M (revenue +13.3% year-over-year).
- 2021: Revenue of $96.2M, expenses of $95.9M, and assets of $104.6M (revenue -0.5% year-over-year).
- 2020: Revenue of $96.7M, expenses of $93.2M, and assets of $89.6M (revenue +101.4% year-over-year).
- 2019: Revenue of $48.0M, expenses of $47.1M, and assets of $76.3M (revenue -52.0% year-over-year).
- 2018: Revenue of $99.9M, expenses of $95.2M, and assets of $66.3M (revenue +3.6% year-over-year).
- 2017: Revenue of $96.4M, expenses of $89.9M, and assets of $73.2M (revenue +14.4% year-over-year).
- 2016: Revenue of $84.3M, expenses of $87.9M, and assets of $72.4M (revenue -5.4% year-over-year).
- 2015: Revenue of $89.1M, expenses of $87.7M, and assets of $112.4M (revenue +2.6% year-over-year).
- 2014: Revenue of $86.8M, expenses of $85.0M, and assets of $116.0M (revenue +6.3% year-over-year).
- 2013: Revenue of $81.7M, expenses of $92.0M, and assets of $123.2M (revenue -18.7% year-over-year).
- 2012: Revenue of $100.5M, expenses of $90.8M, and assets of $122.4M (revenue +7.7% year-over-year).
- 2011: Revenue of $93.2M, expenses of $86.4M, and assets of $110.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Guthrie Cortland Medical Center:
Data Sources and Methodology
This transparency report for Guthrie Cortland Medical Center is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.