Official Seal, Everything Is Broken (2026)

Everything Is Broken

Report No. 1 · Nonprofit Hospital Executive Pay vs Charity Care · Annual Report, 2026 edition

New York · Not ranked: see note below.

Cayuga Medical Center at Ithaca

Martin Stallone, President. Fiscal year ending 2024-12.

$975,884
CEO total compensation
Form 990 Part VII, columns D+E+F
0.33%
of expenses spent on charity care
Schedule H Part I line 7a
62.3%
CEO pay as a share of all charity care
Martin Stallone’s pay of $975,884 equals 62.3 percent of the $1,565,725 the system spent on charity care in the same year.

Not in the ranking because the chief executive could not be identified from the filing with confidence; and the filing reports zero on line 7a while reporting other community benefit, which usually means charity care was booked on another line; the filing is being read by hand. The figures below are shown as filed.

§1The filing

Total revenue
$483,661,119
Total expenses
$473,245,163
Net assets
$246,922,040
Employees
2,940
Hospitals covered
2 facilities across 2 filings
Charity care, net
$1,565,725
Bad debt
$14,060,865
Medicare surplus (shortfall), as filed
($26,935,640)
CEO pay from the organization (Part VII col. D)
$932,253
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$43,631
CEO total compensation (D+E+F)
$975,884 to Martin Stallone

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, Cayuga Medical Center at Ithaca, EIN 22-2325405, fiscal year ending 2024-12, as published by the IRS. CEO identification: president title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$84.4M Of which charity care to patients who could not pay (line 7a)$1.6M (2%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($14.1M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

§3Filings in this system

Filing entityEINFY endRevenueCharity care% of expensesFiling
Cayuga Medical Center at Ithaca22-23254052024-12$426.2M$00.00%990
Schuyler Hospital Inc15-05335642024-12$57.5M$1.6M2.98%990

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

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Cayuga Medical Center at Ithaca: CEO pay $975,884, charity care 0.33% of expenses