2025-11-13T13:50:09+00:00 2024-12-31 135565207 KPMG LLP 515 Broadway 4th Floor Albany NY 12207 990 2024-01-01 811749905 Bassett PPS LLC BASS 6075473635 6181 STATE HIGHWAY 7 ONEONTA NY 13820 STACI THOMPSON CEO 2025-11-13 true GENEVA FURLANO P01877392 5184274600 2025-11-13 2024 2025-03-06 01:10:19Z X STACI THOMPSON 6181 STATE HIGHWAY 7 ONEONTA NY 13820 0 false X N/A X 2016 NY SEE SCHEDULE O X 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X SEE SCHEDULE O false true BUILDING A HIGH-PERFORMING INTEGRATED DELIVERY SYSTEM AND WORKING TO TRANSFORM HEALTH CARE DELIVERY IN THE REGION TO ACHIEVE DELIVERY SYSTEM REFORM INCENTIVE PROGRAM (DSRIP) GOALS. 0 true false false false false false false false false false false false false false false true false true false false false false false false false false false false false false false false false false false false false false false false false false true false false true false false false false true 0 0 0 false false false false false false false false false false false false X 1 1 false false false false true true true true true false false false true true true true true true false false false false NY X CRAIG FAERBER 6075473635 6181 STATE HIGHWAY 7 ONEONTA NY 13820 Walter Franck MD TRUSTEE 2.0 4.0 X 0 0 0 0 0 0 false false false 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X false false false X X 1 MARY IMOGENE BASSETT HOSPITAL 135596796 3 true 0 0 1 0 0 true false false false false false false false false false false false false false false true false 0 0 0 0 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote BASSETT PPS, LLC IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF BASSETT HEALTHCARE NETWORK ("THE NETWORK"). THE FOOTNOTE FOR UNCERTAIN TAX POSITIONS FROM THE CONSOLIDATED FINANCIAL STATEMENTS IS AS FOLLOWS: THE NETWORK'S VARIOUS SUBSIDIARIES GENERALLY CONSIST OF NOT-FOR-PROFIT CORPORATIONS ORGANIZED IN ACCORDANCE WITH SECTION 501(C)(3) OF THE IRC AND THEREFORE ARE EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(A) OF THE IRC. THE NETWORK RECOGNIZES INCOME TAX POSITIONS WHEN IT IS MORE-LIKELY THAN-NOT THAT THE POSITION WILL BE SUSTAINABLE BASED ON THE MERITS OF THE POSITION. MANAGEMENT HAS CONCLUDED THAT THERE ARE NO MATERIAL TAX LIABILITIES OR UNCERTAIN TAX POSITIONS THAT NEED TO BE RECORDED. FOR TAXABLE SUBSIDIARIES OR INVESTMENTS, INCLUDING CCE, DEFERRED TAX ASSETS AND LIABILITIES ARE RECOGNIZED FOR THE FUTURE TAX CONSEQUENCES OF TEMPORARY DIFFERENCES BY APPLYING ENACTED STATUTORY TAX RATES APPLICABLE TO FUTURE YEARS FOR THE DIFFERENCES BETWEEN THE CONSOLIDATED FINANCIAL STATEMENTS AND TAX BASIS OF EXISTING ASSETS AND LIABILITIES. SUCH DEFERRED TAX ASSETS AND LIABILITIES WERE NOT MATERIAL AS OF DECEMBER 31, 2024 AND 2023. NONE 2024-12-31 0 FMV 999999999 NA ONE ATWELL ROAD COOPERSTOWN NY 13326 501(C)(3) false false false false true true true true false Form 990, Part I, Line 1 DESCRIPTION OF ORGANIZATION MISSION: OUR MISSION IS TO BUILD A HIGH-PERFORMING INTEGRATED DELIVERY SYSTEM AND TRANSFORM HEALTH CARE DELIVERY IN THE REGION TO ACHIEVE DELIVERY SYSTEM REFORM INCENTIVE PROGRAM (DSRIP) GOALS. Form 990, Part III, Line 1 DESCRIPTION OF ORGANIZATION MISSION: OUR MISSION IS TO BUILD A HIGH-PERFORMING INTEGRATED DELIVERY SYSTEM AND TRANSFORM HEALTH CARE DELIVERY IN THE REGION TO ACHIEVE DELIVERY SYSTEM REFORM INCENTIVE PROGRAM (DSRIP) GOALS. Form 990, Part III, Line 3 Significant changes in program services Bassett PPS, LLC was formed in 2016 for the purpose of implementing the New York State Delivery System Reform Incentive Program (DSRIP). DSRIP was a time-limited program initiated by the State of New York centered around assisting hospitals located in the state transform their healthcare delivery systems. Bassett PPS, LLC received its last grant from DSRIP in 2020, which was the final year in which New York operated DSRIP. Bassett PPS, LLC distributed all funds received from DSRIP to participating providers and, as of the end of 2020, had fully distributed all such funds received. Since the termination of the DSRIP program in 2020, Bassett PPS, LLC has remained inactive and dormant. As of December 31, 2024, Bassett PPS, LLC has no remaining assets, no plans to change its inactive status and is thus filing a final Form 990. Form 990, Part VI, Line 6 Classes of members or stockholders BASSETT HEALTHCARE NETWORK IS THE SOLE MEMBER OF BASSETT PPS, LLC. AS SOLE MEMBER, BASSETT HEALTHCARE NETWORK HAS THE RIGHT TO APPOINT AND REMOVE MEMBERS OF THE GOVERNING BOARD OF BASSET PPS, LLC AND APPROVE SIGNIFICANT DECISIONS OF THE GOVERNING BOARD, INCLUDING, BUT NOT LIMITED TO, APPROVAL OF OPERATING AND CAPITAL BUDGETS, CERTAIN CAPITAL EXPENDITURES, INDEBTEDNESS NOT CONTAINED IN THE APPROVED BUDGETS, MERGERS, CONSOLIDATIONS, AND LIQUIDATIONS AND DISSOLUTIONS INVOLVING BASSETT PPS, LLC. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body SEE DISCLOSURE FOR FORM 990 PART VI LINE 6. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders SEE DISCLOSURE FOR FORM 990 PART VI LINE 6. Form 990, Part VI, Line 11b Review of form 990 by governing body FORM 990 BASSETT PPS, LLC DISTRIBUTES THE DRAFT 990 TO THE BOARD OF TRUSTEES PRIOR TO FILING. ANY QUESTIONS ARE RAISED AND ANSWERED. A COMPLETE COPY OF THE ORGANIZATION'S FINAL FORM 990, INCLUDING ALL REQUIRED SCHEDULES, AS ULTIMATELY FILED WITH IRS IS MADE AVAILABLE UPON REQUEST TO EACH MEMBER OF THE BOARD BEFORE IT'S FILED WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy ENFORCEMENT OF CONFLICTS POLICY THE ORGANIZATION'S CONFLICT OF INTEREST POLICY APPLIES TO THE BOARD OF DIRECTORS AND OFFICERS. UPON THE COMMENCEMENT OF AN INDIVIDUAL SERVING IN THE ROLES PREVIOUSLY DEFINED, AND THEREAFTER ANNUALLY BY JANUARY 1, A CONFLICT OF INTEREST QUESTIONNAIRE WHICH IS PRESCRIBED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES MUST BE COMPLETED. ALL COMPLETED QUESTIONNAIRES ARE REVIEWED BY THE COMPLIANCE OFFICER OF THE ORGANIZATION. ANY POTENTIAL CONFLICT OF INTEREST WILL BE DISCUSSED WITH THE INDIVIDUAL AND/OR WITH LEGAL COUNSEL. THE COMPLIANCE OFFICER WILL TAKE ACTION TO ELIMINATE THE POTENTIAL CONFLICT OF INTEREST, IF DEEMED APPROPRIATE. AFTER INVESTIGATION, IF IT IS DEEMED THAT THE INDIVIDUAL HAS FAILED TO COMPLY WITH SUCH POLICIES AND DIRECTIVES, APPROPRIATE CORRECTIVE ACTION WILL BE TAKEN. THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES MAY DETERMINE WHETHER THE CORRECTIVE ACTION IS SATISFACTORY AND, IF NOT, SHALL REQUIRE FURTHER ACTION. Form 990, Part VI, Line 19 Required documents available to the public GOVERNING DOCUMENTS DISCLOSURE EXPLANATION BASSETT PPS, LLC MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. THE COST OF COPYING SHALL BE EQUAL TO THE COSTS IMPOSED BY THE IRS FOR COPYING OF PUBLIC DOCUMENTS. SELF-ADDRESSED STAMPED ENVELOPE ALONG WITH PAYMENT FOR COPYING OF THE REQUESTED MATERIAL TO THE ADMINISTRATIVE OFFICE OF THE HOSPITAL. THE COST OF COPYING SHALL BE EQUAL TO THE COSTS IMPOSED BY THE IRS FOR COPYING OF PUBLIC DOCUMENTS. BASSETT HEALTHCARE NETWORK ONE ATWELL ROAD COOPERSTOWN NY 13326 133218680 SUPPORT NY 501(c)(3) Type III-FI NONE false FRIENDS OF BASSETT ONE ATWELL ROAD COOPERSTOWN NY 13326 237041610 FUNDRAISER NY 501(c)(3) 7 BHN false A O FOX MEMORIAL HOSPITAL ONE NORTON AVENUE ONEONTA NY 13820 150539039 HEALTHCARE NY 501(c)(3) 3 BHN false BASSETT HOSPITAL SCHOHARIE COUNTY 178 GRANDVIEW DRIVE COBLESKILL NY 12043 141772971 HEALTHCARE NY 501(c)(3) 3 BHN false LITTLE FALLS HOSPITAL 140 BURWELL STREET LITTLE FALLS NY 13365 150533578 HEALTHCARE NY 501(c)(3) 3 BHN false MARY IMOGENE BASSETT HOSPITAL ONE ATWELL ROAD COOPERSTOWN NY 13326 135596796 HEALTHCARE NY 501(c)(3) 3 BHN false O'CONNOR HOSPITAL 460 ANDES ROAD DELHI NY 13753 161540394 HEALTHCARE NY 501(c)(3) 3 BHN false VALLEY HEALTH SERVICES 690 WEST GERMAN STREET HERKIMER NY 13350 222511614 ELDER CARE NY 501(c)(3) 3 BHN false VALLEY RESIDENTIAL SERVICES 690 WEST GERMAN STREET HERKIMER NY 13350 463703838 ELDER CARE NY 501(c)(3) 10 BHN false TEMPLETON FOUNDATION ONE ATWELL ROAD COOPERSTOWN NY 13326 133317084 LANDLORD NY 501(c)(3) 10 BHN false AT HOME CARE PARTNERS INC 25 ELM STREET ONEONTA NY 13820 562397098 HEALTHCARE NY 501(c)(3) 10 AHC INC false AT HOME CARE INC 25 ELM STREET ONEONTA NY 13820 161287069 HEALTHCARE NY 501(c)(3) 10 BHN false STAMFORD PROFESSIONAL ASSOCIATES 1 NORTON AVE ONEONTA NY 13820 161322304 RENTAL NY NA N/A false false FIRST COMMUNITY CARE OF BASSETT 60 NORTHPOINT PARKWAY AMHERST NY 14228 161504464 HEALTHCARE NY NA N/A false false CATSKILL CARE ENTERPRISES 1 NORTON AVE ONEONTA NY 13820 161236590 RETAIL PHARMACY & FITNESS CENTER NY NA C Corporation false LEATHERSTOCKING PHYSICIANS PC ONE ATWELL ROAD COOPERSTOWN NY 13326 364864562 HEALTHCARE SERVICES NY NA C Corporation false false false false false false false false false false false false false false false false false false false false