Hudson Headwaters Health Network
Hudson Headwaters Health Network shows consistent revenue growth and strong asset accumulation over the past decade.
EIN: 141628237 · Queensbury, NY · NTEE: E80Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $226.9M |
| Total Expenses | $198.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $200 |
| Net Assets | $154.8M |
| Transparency Score | 88/100 |
Is Hudson Headwaters Health Network Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hudson Headwaters Health Network directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hudson Headwaters Health Network
Hudson Headwaters Health Network (EIN: 141628237) is a nonprofit organization based in Queensbury, NY, classified under NTEE code E80Z. The organization reported total revenue of $226.9M and total assets of $245.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hudson Headwaters Health Network's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hudson Headwaters Health Network is a major nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $199.7M |
| Total Expenses | $198.8M |
| Surplus / Deficit | +$967K |
| Total Assets | $218.7M |
| Total Liabilities | $63.8M |
| Net Assets | $154.8M |
| Operating Margin | 0.5% |
| Debt-to-Asset Ratio | 29.2% |
| Months of Reserves | 13.2 months |
Financial Health Grade: A
In 2023, Hudson Headwaters Health Network reported a surplus of $967K with revenue exceeding expenses, holds 13.2 months of operating reserves (strong position), has a debt-to-asset ratio of 29.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hudson Headwaters Health Network's revenue has grown at a compound annual growth rate (CAGR) of 12.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.1% | +28.4% | +15.3% |
| 2022 | +15.3% | +11.8% | +16.4% |
| 2021 | +20.9% | +12.0% | +29.4% |
| 2020 | +5.4% | +12.3% | -0.5% |
| 2019 | +14.1% | +8.8% | +21.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1982 |
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 Hudson Headwaters Health Network with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Hudson Headwaters Health Network allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $967K, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.2%.
Executive Compensation Analysis
The provided data consistently reports 0% for Officer Compensation across all filings, which is unusual for an organization of this size with revenues approaching $200 million. This suggests executive compensation may be embedded within other expense categories or reported differently, requiring a deeper dive into the full 990 forms for clarity on executive pay relative to the organization's scale.
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 Hudson Headwaters Health Network's IRS 990 filings:
- Officer compensation consistently reported as 0% in summary data, warranting further investigation into full 990 forms for transparency on executive pay.
Strengths
The following positive indicators were identified for Hudson Headwaters Health Network:
- Consistent and significant revenue growth, from $79.8M in 2014 to $199.7M in 2023.
- Strong asset accumulation, increasing from $46.6M in 2014 to $218.7M in 2023, indicating robust financial health.
- Consistent operational surpluses, demonstrating effective financial management and sustainability.
- Long filing history (13 filings) indicating sustained operations and compliance.
Frequently Asked Questions about Hudson Headwaters Health Network
Is Hudson Headwaters Health Network a legitimate charity?
Based on AI analysis of IRS 990 filings, Hudson Headwaters Health Network (EIN: 141628237) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Hudson Headwaters Health Network spend its money?
Hudson Headwaters Health Network directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hudson Headwaters Health Network tax-deductible?
Hudson Headwaters Health Network is registered as a tax-exempt nonprofit (EIN: 141628237). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hudson Headwaters Health Network CEO make?
Hudson Headwaters Health Network's highest-compensated officer earns $200 annually. The organization reported $226.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Hudson Headwaters Health Network's spending goes to programs?
Hudson Headwaters Health Network directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hudson Headwaters Health Network compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Hudson Headwaters Health Network is above average for NTEE category E80Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hudson Headwaters Health Network located?
Hudson Headwaters Health Network is headquartered in Queensbury, New York and files with the IRS under EIN 141628237. It is classified under NTEE code E80Z.
How many years of IRS 990 filings does Hudson Headwaters Health Network have?
Hudson Headwaters Health Network 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 $226.9M in total revenue.
Is Hudson Headwaters Health Network financially stable?
Yes, the organization demonstrates strong financial stability with consistent revenue growth from $79.8 million in 2014 to $199.7 million in 2023, and a significant increase in assets from $46.6 million to $218.7 million over the same period.
How has the organization's size changed over time?
Hudson Headwaters Health Network has grown substantially, with its total assets increasing nearly fivefold from $46,575,715 in 2014 to $218,686,110 in 2023, indicating significant expansion in its operational capacity.
What is the trend in the organization's liabilities?
Liabilities have generally increased in line with asset growth, from $12,596,981 in 2014 to $63,842,467 in 2023, which is expected for an expanding organization and does not appear disproportionate to its asset base.
Does the organization operate with a surplus or deficit?
The organization consistently operates with a surplus, as evidenced by revenues generally exceeding expenses in most reported periods, such as $199,744,193 in revenue against $198,777,619 in expenses in 2023.
Filing History
IRS 990 filing history for Hudson Headwaters Health Network showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hudson Headwaters Health Network's revenue has grown by 308.4%, moving from $48.9M to $199.7M. Total assets increased by 745.2% over the same period, from $25.9M to $218.7M. Total functional expenses rose by 341.2%, from $45.1M to $198.8M. In its most recent filing year (2023), Hudson Headwaters Health Network reported a surplus of $967K, with revenue exceeding expenses. The organization holds $63.8M in liabilities against $218.7M in assets (debt-to-asset ratio: 29.2%), resulting in net assets of $154.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $199.7M | $198.8M | $218.7M | $63.8M | — | View 990 |
| 2022 | $186.5M | $154.8M | $189.6M | $37.9M | — | View 990 |
| 2021 | $161.7M | $138.5M | $162.9M | $41.2M | — | View 990 |
| 2020 | $133.8M | $123.7M | $125.9M | $27.5M | — | View 990 |
| 2019 | $127.0M | $110.1M | $126.5M | $38.1M | — | View 990 |
| 2018 | $111.3M | $101.2M | $103.9M | $32.4M | — | View 990 |
| 2017 | $107.5M | $93.6M | $94.0M | $32.3M | — | View 990 |
| 2016 | $94.7M | $85.7M | $73.7M | $24.9M | — | View 990 |
| 2015 | $86.3M | $78.4M | $63.3M | $21.4M | — | View 990 |
| 2014 | $79.8M | $67.7M | $46.6M | $12.6M | — | View 990 |
| 2013 | $63.7M | $58.3M | $31.7M | $9.8M | — | View 990 |
| 2012 | $54.3M | $51.3M | $27.1M | $10.6M | — | View 990 |
| 2011 | $48.9M | $45.1M | $25.9M | $12.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $199.7M, expenses of $198.8M, and assets of $218.7M (revenue +7.1% year-over-year).
- 2022: Revenue of $186.5M, expenses of $154.8M, and assets of $189.6M (revenue +15.3% year-over-year).
- 2021: Revenue of $161.7M, expenses of $138.5M, and assets of $162.9M (revenue +20.9% year-over-year).
- 2020: Revenue of $133.8M, expenses of $123.7M, and assets of $125.9M (revenue +5.4% year-over-year).
- 2019: Revenue of $127.0M, expenses of $110.1M, and assets of $126.5M (revenue +14.1% year-over-year).
- 2018: Revenue of $111.3M, expenses of $101.2M, and assets of $103.9M (revenue +3.5% year-over-year).
- 2017: Revenue of $107.5M, expenses of $93.6M, and assets of $94.0M (revenue +13.5% year-over-year).
- 2016: Revenue of $94.7M, expenses of $85.7M, and assets of $73.7M (revenue +9.7% year-over-year).
- 2015: Revenue of $86.3M, expenses of $78.4M, and assets of $63.3M (revenue +8.2% year-over-year).
- 2014: Revenue of $79.8M, expenses of $67.7M, and assets of $46.6M (revenue +25.2% year-over-year).
- 2013: Revenue of $63.7M, expenses of $58.3M, and assets of $31.7M (revenue +17.4% year-over-year).
- 2012: Revenue of $54.3M, expenses of $51.3M, and assets of $27.1M (revenue +11.0% year-over-year).
- 2011: Revenue of $48.9M, expenses of $45.1M, and assets of $25.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hudson Headwaters Health Network:
Data Sources and Methodology
This transparency report for Hudson Headwaters Health Network 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.