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Bassett Healthcare Network

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn’t provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Details

According to its Dec. 2022 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$512k (2022)

Expenses
$18.7M (2022)

Total Assets
$73M (2022)

Total Liabilities
$108M (2022)

Source: Form 990 tax filings from 2011 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$512,071
Expenses
$18,743,911
Net Income
-$18,231,840
Net Assets
-$34,829,359
Notable Sources of Revenue Percent of Total Revenue
Contributions $421,989
82.4%
Program Services $60,000
11.7%
Investment Income $30,082
5.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $2,793,613
14.9%
Professional Fundraising Fees $0
Other Salaries and Wages $3,006,047
16.0%
Assets/Debt
Total Assets $73,046,059
Total Liabilities $107,875,418
Net Assets -$34,829,359
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Tommy Ibrahim Md (President & Ceo) $970,597 $0 $29,962
Henry Weil Md (Svp, Ccao) $666,250 $0 $30,407
Paul Swinko (Treasurer) $641,526 $0 $21,599
Reginald Q Knight Md (Ccio) $573,412 $0 $28,887
Paul Uhrig (Secretary) $500,541 $0 $27,089
Jeffrey Joyner (Svp Chief Hosp Exec) $483,649 $0 $29,962
Christine Pirri (Svp Chf Ppl & Diversity Ofcr) $359,906 $0 $17,932
Eric Stein (Chief Hosp Exec) $327,021 $0 $34,191
Denise Robinson (Svp Chief Nursing Exec) $266,284 $0 $7,406
Jane Forbes Clark (Director) $0 $0 $0
Walter Franck Md (Director) $0 $0 $0
Robert Hanft (Director) $0 $0 $0
Douglas Hastings (Chairman) $0 $0 $0
Kevin S Moore (Director) $0 $0 $0
Carl Mummenthey (Director) $0 $0 $0
V Daniel Robinson Ii (Vice Chair) $0 $0 $0
Anil Rustgi Md (Director) $0 $0 $0
Marion Terenzio Phd (Director) $0 $0 $0
Susan Turney Md (Director) $0 $0 $0
Lorraine Zimniewicz (Director) $0 $0 $0
John Zogby (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$700,853
Expenses
$23,406,907
Net Income
-$22,706,054
Net Assets
-$16,597,519
Notable Sources of Revenue Percent of Total Revenue
Contributions $103,000
14.7%
Program Services $385,000
54.9%
Investment Income $212,853
30.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,764,211
7.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,915,859
8.2%
Assets/Debt
Total Assets $50,201,237
Total Liabilities $66,798,756
Net Assets -$16,597,519
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Tommy Ibrahim Md (President & Ceo) $854,487 $0 $30,536
Reginald Q Knight (Ccio) $507,220 $0 $27,409
Paul Swinko (Cfo & Treasurer) $492,536 $0 $20,500
Jeffery Joyner (Svp) $441,750 $0 $28,524
Paul Uhrig (Secretary) $417,188 $0 $8,540
Denise Robinson (Svp) $300,166 $0 $5,578
Cory Heller (Svp) $285,186 $0 $92
Cailin Purcell (Vp Chief Of Staff) $222,625 $0 $19,511
Douglas Hastings (Chairman) $0 $0 $0
Kevin S Moore (Vice Chairman, Trustee) $0 $0 $0
Robert Hanft (Director) $0 $0 $0
Jane Forbes Clark (Director) $0 $0 $0
John Bullis (Director) $0 $0 $0
John Zogby (Director) $0 $0 $0
Marion Terenzio Phd (Director) $0 $0 $0
Laurie Zimniewicz (Director) $0 $0 $0
Carl Mummenthey (Director) $0 $0 $0
V Daniel Robinson Ii (Director) $0 $0 $0
Anil Rustgi (Director) $0 $0 $0
Walter Franck Md (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$627,948
Expenses
$330,549
Net Income
$297,399
Net Assets
$6,108,535
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $544,751
86.8%
Investment Income $83,197
13.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,108,535
Total Liabilities $0
Net Assets $6,108,535
Compensation
Key Employees and Officers Compensation Related Other
Robert Tamburrino (Director (Thru 7/20)) $0 $0 $0
Ralph Meyer (Director (Thru 7/20)) $0 $0 $0
Tommy Ibrahim Md (Pres & Ceo, Director) $0 $475,289 $3,397
Walter A Franck Md (Director) $0 $0 $0
V Daniel Robinson Ii (Director) $0 $0 $0
Terry Fulmer Phd (Director) $0 $0 $0
Robert Hanft (Director) $0 $0 $0
Marion Terenzio Phd (Director) $0 $0 $0
John Zogby (Director) $0 $0 $0
John D Bullis (Director) $0 $0 $0
Jane Forbes Clark (Director) $0 $0 $0
Barbara Dicocco (Director) $0 $0 $0
William F Streck Md (Pres & Ceo, Director (Thru 7/20)) $0 $515,137 $27,431
Kevin S Moore (Vice Chairman, Trustee) $0 $0 $0
Douglas Hastings (Chairman) $0 $0 $0
Frank Panzarella (Vice President & Coo (Thru 9/20)) $0 $305,285 $22,115
Andrew Manzer (Secretary (Thru 5/20)) $0 $162,906 $10,151
Stephen J Henegan Md (Chief Clin Officer (Thru 8/20)) $0 $763,191 $31,276
Paul Uhrig (Secretary & Legal Counsel) $0 $23,333 $0
Paul Swinko (Cfo & Treasurer) $0 $510,484 $5,600

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$409,850
Expenses
$632,758
Net Income
-$222,908
Net Assets
$5,982,507
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $407,532
99.4%
Investment Income $2,318
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,144,412
Total Liabilities $161,905
Net Assets $5,982,507
Compensation
Key Employees and Officers Compensation Related Other
William F Streck Md (President & Ceo, Director) $0 $754,609 $2,210
Stephen J Heneghan (Chief Clin Officer) $0 $622,076 $33,136
Vance Brown (Former President) $0 $625,000 $0
Paul Swinko (Treasurer) $0 $500,410 $0
Andrew Manzer (Secretary) $0 $370,020 $27,180
Frank Panzarella (Vice President & Coo) $0 $282,033 $24,068
Douglas Hastings (Chairman) $0 $0 $0
Kevin S Moore (Vice Chairman, Trustee) $0 $0 $0
Barbara Di Cocco (Director) $0 $0 $0
Jane Forbes Clark (Director) $0 $0 $0
John Bullis (Director) $0 $0 $0
John Zogby (Director) $0 $0 $0
Marion Terenzio Ph D (Director) $0 $0 $0
Ralph H Meyer (Director) $0 $0 $0
Robert Tamburrino (Director) $0 $0 $0
Terry Fulmer Ph D (Director) $0 $0 $0
V Daniel Robinson Ii (Director) $0 $0 $0
Walter A Frank Md (Director) $0 $0 $0
Katherine Nickerson (Director (Thru 6/19)) $0 $0 $0
William T Burdick (Secretary (Thru 6/19)) $0 $0 $0
Richard Vanison (Treasurer (Thru 6/19)) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$404,394
Expenses
$238,210
Net Income
$166,184
Net Assets
$6,205,415
Notable Sources of Revenue Percent of Total Revenue
Contributions $69,116
17.1%
Program Services $331,263
81.9%
Investment Income $4,015
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,443,411
Total Liabilities $237,996
Net Assets $6,205,415
Compensation
Key Employees and Officers Compensation Related Other
Vance M Brown (President (Until 4/2018)) $0 $772,378 $15,442
Kevin S Moore (Vice Chairman) $0 $0 $0
Barbara Di Cocco (Director) $0 $0 $0
Ralph Meyer (Chairman & Director) $0 $0 $0
Katherine G Nickerson (Director) $0 $0 $0
Timothy A Pedley (Chairman (Until 8/2018)) $0 $0 $0
Edward W Stack (Director (Until 8/2018)) $0 $0 $0
William F Streck (President & Ceo, Director) $0 $526,459 $1,639
Douglas Hastings (Director) $0 $0 $0
V Daniel Robinson (Director) $0 $0 $0
Robert Tamburrino (Director) $0 $0 $0
Marion Terenzio (Director) $0 $0 $0
John Zogby (Director) $0 $0 $0
Steven J Heneghan (Chief Clin Officer) $0 $623,755 $32,469
Michael Tengeres (Corp Vp Finance (Until 4/2018)) $0 $147,340 $6,966
Andrew R Manzer (Executive Vp, Coo) $0 $385,364 $26,713
William T Burdick (Secretary) $0 $0 $0
Richard C Vanison (Treasurer) $0 $0 $0
Frank Panzarella (Vice President & Coo) $0 $268,019 $26,893

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,237,133
Expenses
$952,775
Net Income
$1,284,358
Net Assets
$6,039,231
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,168,271
96.9%
Program Services $64,851
2.9%
Investment Income $4,011
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,591,838
Total Liabilities $552,607
Net Assets $6,039,231
Compensation
Key Employees and Officers Compensation Related Other
Vance M Brown (President) $0 $902,752 $21,686
Kevin S Moore (Vice Chairman) $0 $0 $0
Barbara Di Cocco (Director) $0 $0 $0
Ralph Meyer (Director) $0 $0 $0
Katherine G Nickerson (Director) $0 $0 $0
Timothy A Pedley (Chairman Of Board) $0 $0 $0
Edward W Stack (Director) $0 $0 $0
Steven J Heneghan (Chief Clin Officer) $0 $660,422 $32,239
Michael Tengeres (Corp Vp Finance) $0 $479,062 $10,976
Andrew R Manzer (Executive Vp, Coo) $0 $387,411 $9,521
William T Burdick (Secretary) $0 $0 $0
Richard C Vanison (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$304,018
Expenses
$86
Net Income
$303,932
Net Assets
$4,309,152
Notable Sources of Revenue Percent of Total Revenue
Contributions $300,000
98.7%
Program Services $0
Investment Income $4,018
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,309,152
Total Liabilities $0
Net Assets $4,309,152

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,003
Expenses
$0
Net Income
$4,003
Net Assets
$4,005,220
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $4,003
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,005,220
Total Liabilities $0
Net Assets $4,005,220
Compensation
Key Employees and Officers Compensation Related Other
Vance M Brown Md (President) $0 $773,140 $3,295
Kevin S Moore (Vice Chairma) $0 $0 $0
Barbara Dicocco (Director) $0 $0 $0
Ralph Meyer (Director) $0 $0 $0
Katherine G Nickerson Md (Director) $0 $0 $0
Timothy A Pedley Md (Chairman Of) $0 $0 $0
Edward W Stack (Director) $0 $0 $0
Steven J Heneghan Md (Chief Clin O) $0 $621,856 $24,529
Michael Tengeres May 2015 (Corp Vp Fina) $0 $316,107 $1,538
William T Burdick (Secretary) $0 $0 $0
Richard C Vanison (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,001,217
Expenses
$0
Net Income
$4,001,217
Net Assets
$4,001,217
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,000,000
100.0%
Program Services $0
Investment Income $1,217
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,001,217
Total Liabilities $0
Net Assets $4,001,217
Compensation
Key Employees and Officers Compensation Related Other
William F Streck Md Jan Jun (President) $0 $1,896,227 $24,911
Vance M Brown Md (President) $0 $430,475 $1,343
Thomas Q Morris Md (Chairman) $0 $0 $0
Kevin S Moore (Vice Chairma) $0 $0 $0
Barbara Dicocco (Director) $0 $0 $0
Ralph Meyer (Director) $0 $0 $0
Katherine G Nickerson Md (Director) $0 $0 $0
Timothy A Pedley Md (Vice Chairma) $0 $0 $0
Edward W Stack (Director) $0 $0 $0
Steven J Heneghan Md (Chief Clin O) $0 $613,446 $30,790
Nicholas J Nicoletta (Corporate Vp) $0 $476,485 $29,490
Bertine C Mckenna Phd (Executive Vp) $0 $463,302 $27,042
William T Burdick (Secretary) $0 $0 $0
Richard C Vanison (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$0
Expenses
$0
Net Income
$0
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $0
Total Liabilities $0
Net Assets $0
Compensation
Key Employees and Officers Compensation Related Other
William F Streck Md (President) $0 $478,971 $28,796
Thomas Q Morris Md (Chairman) $0 $0 $0
Kevin S Moore (Vice Chairma) $0 $0 $0
Barbara Dicocco (Director) $0 $0 $0
Ralph Meyer (Director) $0 $0 $0
Katherine G Nickerson Md (Director) $0 $0 $0
Timothy A Pedley Md (Vice Chairma) $0 $0 $0
Edward W Stack (Director) $0 $0 $0
Steven J Heneghan Md (Chief Clin O) $0 $621,493 $30,443
Bertine C Mckenna Phd (Executive Vp) $0 $429,830 $26,390
Nicholas J Nicoletta (Corporate Vp) $0 $427,411 $29,283
William T Burdick (Secretary) $0 $0 $0
Richard C Vanison (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$0
Expenses
$0
Net Income
$0
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $0
Total Liabilities $0
Net Assets $0

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$0
Expenses
$0
Net Income
$0
Net Assets
$1
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1
Total Liabilities $0
Net Assets $1

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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