Putnam Hospital Center
Public records show a registered, tax-exempt organization in good standing.
What it says it does
IMPROVE THE HEALTH OF EVERY PERSON IN OUR COMMUNITY THROUGH THE EFFICIENT DELIVERY OF EXCELLENT, INNOVATIVE AND COMPASSIONATE CARE
- Income
- $119.2 million
- Spending
- $160.2 million
- Spent on programs
- 91%
- Reserves
- -3.4 months of spending
- Largest source of income
- fees for its services, 97%
- Employees
- 812
- Volunteers
- 71
- Highest pay
- $1.6 million, chief financial officer; treasurer
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 32 out of 100. Higher than 6% of charities in its peer group (health care, over $100m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
2 of 20It owes 87% of what it owns.
Living within its means
0 of 15Spending exceeded income by 34% of income.
Income trend
15 of 15Income rose 10% on the year before.
Spending floor
15 of 1591% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 88 out of 100. Higher than 26% of charities in its peer group (health care, over $100m).
Independent board
25 of 259 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $146.2 million spent. PUTNAM HOSPITAL IS A 164-BED, ACUTE CARE HOSPITAL OFFERING INNOVATIVE TECHNOLOGIES, INCLUDING ROBOT-ASSISTED SURGERY. THE HOSPITAL IS COMMITTED TO PROVIDING SAFE, CONVENIENT CARE TO MEET THE PERSONAL HEALTHCARE NEEDS OF THE COMMUNITIES IT SERVES. PUTNAM HOSPITAL IS PART OF NUVANCE HEALTH, WHICH IS A SIX-HOSPITAL SYSTEM, ON 7 CAMPUSES, WITH NUMEROUS OUTPATIENT FACILITIES THROUGHOUT THE HUDSON VALLEY AND ACROSS WESTERN CONNECTICUT. THE NUVANCE HEALTH SYSTEM GIVES THE COMMUNITY ACCESS TO A VARIETY OF SERVICES INCLUDING, BUT NOT LIMITED TO, BARIATRIC SURGERY AND MEDICAL WEIGHT LOSS, BLOOD DRAW, CRITICAL CARE, DIABETES EDUCATION, EMERGENCY SERVICES, HEART AND VASCULAR, IMAGING AND RADIOLOGY, INFUSION THERAPY, NEUROLOGY AND NEUROSURGERY, ORTHOPEDIC CARE, PHYSICAL REHABILITATION, PRIMARY CARE, RHEUMATOLOGY, SLEEP DISORDERS, URGENT CARE, WOMEN'S HEALTH, BEHAVIORAL HEALTH, CANCER CARE, DENTISTRY, DIGESTIVE HEALTH, ENDOCRINOLOGY, GENETIC COUNSELING, HOME HEALTH CARE, INFECTIOUS DISEASE, KIDNEY DISEASE AND NEPHROLOGY, OCCUPATIONAL MEDICINE, PATIENT BLOOD MANAGEMENTS AND BLOODLESS MEDICINE, PEDIATRICS, PODIATRY, PULMONARY CARE, SENIOR CARE AND GERIATRIC MEDICINE, SURGICAL SERVICES, UROLOGY, WOUND CARE AND HYPERBARIC MEDICINE. PUTNAM HOSPITAL OFFERS ADVANCED SURGICAL SERVICES INCLUDING ORTHOPEDICS, SPINE, AND BARIATRIC SURGERY. THE HOSPITAL ALSO OFFERS STROKE CARE, A BLOOD MANAGEMENT PROGRAM, CARDIAC CARE, PSYCHIATRIC CARE INCLUDING A PARTIAL-HOSPITALIZATION PROGRAM, MATERNITY CARE, AND OUTPATIENT PHYSICAL REHABILITATION. PUTNAM HOSPITAL IS COMMITTED TO PROVIDING QUALITY SERVICE TO THE COMMUNITY AND HAS BEEN RECOGNIZED BY SEVERAL ORGANIZATIONS FOR THE QUALITY HEALTHCARE THAT IT PROVIDES TO THE REGION. PUTNAM HOSPITAL WAS RECOGNIZED AS A FIVE-STAR RECIPIENT BY HEALTHGRADES FOR ITS TREATMENT OF PULMONARY EMBOLISM AND RESPIRATORY FAILURE. PUTNAM HOSPITAL HAS BEEN RECOGNIZED BY U.S. NEWS & WORLD REPORT FOR ITS HIGH PERFORMANCE IN KNEE REPLACEMENT. THE HOSPITAL RECEIVED THE GET WITH THE GUIDELINES STROKE GOLD PLUS AWARD FROM THE AMERICAN HEART ASSOCIATION. PUTNAM HOSPITAL HAS RECEIVED SEVERAL ACCREDITATIONS INCLUDING MBSAQIP ACCREDITED BARIATRIC CENTER SINCE 2017, ACCREDITED AS A COMPREHENSIVE COMMUNITY CANCER PROGRAM FROM THE AMERICAN COLLEGE OF SURGEONS COMMISSION ON CANCER, BREAST HEALTH PROGRAM ACCREDITATION FROM THE NATIONAL ACCREDITATION PROGRAM FOR BREAST CENTERS, AND ACCREDITED FOR RADIATION ONCOLOGY FROM THE AMERICAN COLLEGE OF RADIOLOGY. PUTNAM HOSPITAL WAS ALSO DESIGNATED BY THE SURGICAL REVIEW CORPORATION AS A ROBOTIC CENTER OF EXCELLENCE. Every three years, we align health priorities with the areas of greatest identified need and consider where our resources will generate the greatest impact. Our commitment to improving the health and well-being of our community is demonstrated through the activities outlined in our community health improvement plan. Putnam Hospital identified the following two priorities that align with local health department and NYS Prevention Agenda priorities: * Prevent chronic diseases * Promote well-being and prevent mental and substance use disorders Workgroups developed goals, objectives, strategies, action steps, and success metrics for these priority areas. Below are key highlights showcasing the impact of our strategies in addressing health needs identified in the 2022 Community Health Needs Assessment (CHNA) and the 2023-2025 CHIP: The Roundtrip program was implemented for the Nuvance Health NY hospital PSAs in 2024. Specifically for Putnam Hospital, the program was implemented in August 2024. The program provides transportation for vulnerable populations, who may miss appointments due to lack of transportation to physician offices and hospital OP services. A total of 261 transports have been made for the Putnam PSA through the end of 2024. Mental Health First Aid classes, a national evidence-based program designed to teach skills for recognizing and responding to signs of mental illness and substance use, have been expanded from Connecticut to include New York hospitals. This training is now available across all hospital communities in both New York and Connecticut, ensuring broader access to this vital resource. Other CHIP activities included transportation assistance, the Get Fit fitness program, Health Related Social Needs screenings, distribution of Narcan and Fentanyl test strips, and diaper distribution programs. Community education sessions that focused on healthy lifestyle behaviors, stroke prevention, cancer screenings and prevention, smoking cessation counseling, chronic disease self-management and stress management were offered throughout the community, often in partnership with community-based organizations, senior centers and schools. Participation in National Drug Take-Back Days across the health system, resulted in the collection of over 1,500 pounds of medication and over 800 pounds of sharps for safe disposal. Over the last year, staff have also contributed time and expertise to many community organizations and task forces throughout the communities. IN FY24, PUTNAM HOSPITAL HAD 16,664 PATIENT DAYS AND 3,205 DISCHARGES IN ACUTE CARE. THERE WERE 18,439 IN EMERGENCY ROOM VISITS AND 66,345 IN OTHER OUTPATIENT VISITS/PROCEDURES. THE HOSPITAL PROVIDED APPROXIMATELY $4.0M IN CHARITY CARE TO THE REGIONS UN-INSURED AND UNDER-INSURED POPULATION.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 1962.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
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