What does Friends of Bassett Inc do?

The organization serves as a business advocacy and membership organization, representing member interests in policy development, providing networking opportunities, and supporting regional economic development initiatives through strategic partnerships and programming.

Who can become a member?

Membership is available to businesses, nonprofit organizations, and professionals operating in NY. Member benefits include networking opportunities, advocacy representation, professional development resources, and participation in regional economic development initiatives.

How is the organization funded?

Funding comes primarily from membership dues, corporate sponsorships, program fees, and grants. Financial support enables the organization to provide member services, conduct advocacy work, and implement programs serving the regional business community.

How can I get involved?

Individuals and organizations can participate through membership, committee service, event attendance, and program sponsorship. The organization welcomes engagement from business leaders interested in supporting regional economic development and business advocacy priorities.

Friends of Bassett Inc

Cooperstown, NY · Founded 1968

Supporting business and community development in NY

Primary audience

Business Members

Work area

Regional Advocacy

Topic

Economic Development

Contact

Craig Faerber

Website Contact

About Organization

Friends of Bassett Inc operates in Cooperstown, NY, focusing on see on schedule o. The organization manages $5.0M in annual revenue, $20.3M in assets. Established in 1968, the organization has served the region for 58 years.

What They Focus On

Workforce Development

Supports talent pipeline development through education partnerships and workforce readiness programming initiatives

Community Leadership

Develops business leadership capacity and facilitates collaboration on community priorities and regional challenges

Business Advocacy

Represents member interests in policy development and advocates for pro-business initiatives at local and state levels

Financial Information

Form 990 data showing organizational financial health and growth.

Revenue (2024)

$5.0M

+3.9% vs 2023

Expenses (2024)

$2.8M

+10.7% vs 2023

Assets (2024)

$20.3M

+17.5% vs 2023

Year	Revenue	Expenses	Assets
2024	$5,028,267	$2,824,898	$20,313,266
2023	$4,838,799	$2,551,139	$17,282,501
2022	$3,188,334	$3,732,003	$13,296,595
2020	$2,279,471	$3,049,821	$3,939,422
2019	$3,989,288	$3,162,438	$4,459,196
2018	$4,009,685	$3,033,751	$3,815,656

Source: IRS Form 990 filings. All figures in USD.

01

Member Engagement

Identifies priority issues through stakeholder consultation and analysis of business community needs
02

Strategic Planning

Develops targeted initiatives based on member input and regional economic development priorities
03

Program Implementation

Executes programs through partnerships with member organizations and community stakeholders
04

Impact Assessment

Evaluates outcomes through member feedback and tracks progress toward organizational objectives

Programs and Initiatives

Services and programs offered by Friends of Bassett Inc

For grant recipients exempt purposes

Facilitates collaboration and development in for grant recipients exempt purposes through targeted programming and partnerships

Business Advocacy

Represents business interests in policy development and legislative initiatives at state and local levels

Member Services

Provides networking opportunities, resources, and support to member organizations across the region

Community Engagement

Facilitates collaboration between business and community stakeholders on shared priorities

Economic Development

Promotes regional economic growth through strategic partnerships and development initiatives

Team & Leadership

Meet the people behind Friends of Bassett Inc.

Contact the team Contact

Craig Faerber

Interim Network CFO

2 hrs/week

Tommy Ibrahim MD

Former President

Staci Thompson

Ex-Officio

2 hrs/week

Mirabito Round Up

Round up at the pump! The Friends of Bassett has partnered with Mirabito Gas Stations to benefit all Bassett School-Based Health Centers.

In it Together

At Bassett, we're a community. Through the "In It Together" Employee Giving Campaign, we have the opportunity to support one another in meaningful ways.

Milestones

1968

Organization Founded

1968

Established to serve business community development and economic growth initiatives

1997

Regional Expansion

1997

Extended programming and membership services to serve broader regional business community

2024

Program Enhancement

2024

Launched enhanced member services and expanded advocacy initiatives for business community

2026

Continued Impact

2026

Maintains active programming serving member organizations and regional economic development priorities

Associated People

Board members, advisors, and key contributors

Board of Directors

Mirabito Round Up Board Member

Round up at the pump! The Friends of Bassett has partnered with Mirabito Gas Stations to benefit all Bassett School-Based Health Centers.

In it Together Board Member

At Bassett, we're a community. Through the "In It Together" Employee Giving Campaign, we have the opportunity to support one another in meaningful ways.

Arnie Drogen Board Member 2.0 hrs/week

Bill Moseley Secretary 2.0 hrs/week

Campbell Moffat Board Member 2.0 hrs/week

Curtis Pearsall Board Member 2.0 hrs/week

Dave Rowley Board Member 2.0 hrs/week

Erna Morgan McReynolds Board Member 2.0 hrs/week

Heidi Camardello Board Member 2.0 hrs/week

Ian Kenyon Board Member 2.0 hrs/week

James Patrick Vice Chair/Treasurer 2.0 hrs/week

Jessica Gorman Board Member 2.0 hrs/week

Jim Brock Board Member 2.0 hrs/week

Joyce Barber Board Member 2.0 hrs/week

Laurie Zimniewicz Board Member 2.0 hrs/week

Michael A Perrino Jr Board Member 2.0 hrs/week

Peter J Hamilton Board Officer 2.0 hrs/week

Reggie Knight MD Board Member (THRU 4/24) 2.0 hrs/week

Robert Hanft Board Member 2.0 hrs/week

Steven Kroll Chair 2.0 hrs/week

Terry Fulmer Board Member 2.0 hrs/week

Information compiled from IRS Form 990 and organizational materials.

Executive Compensation

Top compensated officers & key employees from IRS Form 990

Total Reported (2024)

$44K

Highest Paid

$13K

Tommy Ibrahim MD

Compensated Officers

Name	Title	Base	Other	Total	Hrs/Wk
Tommy Ibrahim MD	Former President	$0	$12,888	$12,888	—
Staci Thompson	Ex-Officio	$0	$12,117	$12,117	2
Reggie Knight MD	Board Member (Thru 4/24)	$0	$11,223	$11,223	2
Heidi Camardello	Board Member	$0	$7,406	$7,406	2

Name	Title	Base	Other	Total	Hrs/Wk
Tommy Ibrahim MD	Ex-Officio	$0	$33,236	$33,236	0.5
Reggie Knight MD	Board Member	$0	$30,831	$30,831	0.5
Ben Everidge	Former Chief Development Officer	$0	$19,156	$19,156	—
Sandra Macdonald	Former Board Member	$0	$18,774	$18,774	—
Caridad Fuertes	Board Member	$0	$10,984	$10,984	0.5
Heidi Carmardello	Board Member	$0	$7,187	$7,187	0.5

Name	Title	Base	Other	Total	Hrs/Wk
Caridad Fuertes	Board Member	$0	$38,206	$38,206	0.5
Tommy Ibrahim	Board Officer	$0	$29,962	$29,962	0.5
Subashini Daniel	Board Member	$0	$27,361	$27,361	0.5
Sumeet Makhijani	Board Member	$0	$22,014	$22,014	0.5
Sandra Macdonald	Board Member	$0	$16,899	$16,899	0.5
Ben Everidge	Chief Devolpment Officer	$0	$8,692	$8,692	0.5

Name	Title	Base	Other	Total	Hrs/Wk
Subashini Daniel	Director	$0	$25,150	$25,150	0.5
Sumeet Makhijani	Director	$0	$20,763	$20,763	0.5
Sandra Macdonald	Assistant Treasurer	$0	$14,630	$14,630	0.5

Name	Title	Base	Other	Total	Hrs/Wk
Subashini Daniel	Director	$0	$22,643	$22,643	0.5
Sumeet Makhijani	Director	$0	$20,664	$20,664	0.5
Sandra Macdonald	Assistant Treasurer	$0	$14,087	$14,087	0.5

Source: IRS Form 990 filings. Compensation includes base and other reported compensation.

Partners & Funders

Grant funding relationships from IRS Form 990 filings

$60K Grants Received

$2.4M Grants Given

10 Organizations

Top Funders

2 total

The New York Community Trust

$50K

Fidelity Investments Charitable Gift Fund

$10K

Top Grantees

8 total

Bassett Hospital Schoharie County COBLESKILL, NY

$734K

Bassett Medical Center COOPERSTOWN, NY

$632K

Bassett Healthcare Network COOPERSTOWN, NY

$433K

O'connor Hospital DELHI, NY

$371K

Little Falls Hospital LITTLE FALLS, NY

$79K

Ao Fox Hospital ONEONTA, NY

$68K

Valley Health Services HERKIMER, NY

$44K

Valley Health Residential Services HERKIMER, NY

$9K

The New York Community Trust Fidelity Investments Charitable Gift Fund Bassett Hospital Schoharie County Bassett Medical Center Bassett Healthcare Network O'connor Hospital Little Falls Hospital Ao Fox Hospital Valley Health Services Valley Health Residential Services

Source: IRS Form 990 Schedule I filings. Amounts may span multiple tax years.

Contact

Get in touch with Friends of Bassett Inc

Email

[email protected]

Phone

(607) 547-3928

Social

Visit Website

One Atwell Road Cooperstown, NY 13326

Friends of Bassett Inc

What They Focus On

Financial Information

How They Work

Member Engagement

Strategic Planning

Program Implementation

Impact Assessment

Programs and Initiatives

For grant recipients exempt purposes

Business Advocacy

Member Services

Community Engagement

Economic Development

Team & Leadership

Craig Faerber

Tommy Ibrahim MD

Staci Thompson

Mirabito Round Up

In it Together

Milestones

Organization Founded

Regional Expansion

Program Enhancement

Continued Impact

Associated People

Board of Directors

Executive Compensation

Partners & Funders

Top Funders

Top Grantees

Related Organizations

Tax-Exempt Affiliates

Taxable Partnership

Taxable Corp Trust

Contact

Email

Phone

Social