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Nehi Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010624865 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Nehi Inc?

Nehi Inc, headquartered in Boston, Massachusetts, is a community-focused research organization with a mission to solve complex problems and generate value in the healthcare sector. The organization, currently partnered with Eli Lilly, is conducting a project aimed at improving the participation of underrepresented groups in clinical trials. By engaging academic, health system, and community-based organizations, Nehi Inc is working towards developing strategies to ensure diversity in clinical trials. The project, launched in early 2022, will conclude at the end of 2023, with the current phase focusing on piloting an intervention to increase knowledge and awareness of clinical trials among diverse community members. Nehi Inc operates with a team of 17 dedicated professionals, continually fostering interdisciplinary collaboration and innovation to shape the healthcare landscape.


Official website here: www.nehi-us.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 68%, Two-Star out of Four Star rating.

Nehi Inc has been rated with a Two-Star rating by Charity Navigator, indicating some concerns regarding its financial health and operational efficiency. While the organization demonstrates strong governance with a fully independent board and robust policies in place for financial oversight, it struggles in critical financial metrics such as liabilities to assets ratio and fundraising efficiency. These shortcomings contribute to the overall lower score in Accountability & Finance.

The strengths of Nehi Inc are evident in its commitment to transparency and accountability, as indicated by perfect scores in areas like audit oversight, conflict of interest policy, and whistleblower policy. This suggests that the organization has solid governance practices that support ethical operations and compliance with nonprofit standards. However, the low scores in financial ratios raise questions about its fiscal management and sustainability.

In summary, while Nehi Inc exhibits strong governance practices, its financial performance lacks robustness, which may hinder its ability to effectively carry out its mission in the long term. Prospective donors and stakeholders should consider these factors when evaluating the organization's overall impact and stability.


This AI summary has been generated from information found on Charity Navigator.

Is Nehi Inc legitimate?

Nehi Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nehi Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $546,440
Professional Fundraising Fees: $0
Other Salaries and Wages: $569,723

For more financial information, click here


Official website here: www.nehi-us.org

What is the mission statement of Nehi Inc?

Nehi Inc's mission is centered around solving complex problems in the healthcare sector. They achieve this by fostering interdisciplinary collaboration and innovation. This organization aims to enhance value in healthcare, working towards resolving intricate challenges that the field presents. Their approach involves bringing together various stakeholders, including academic institutions, healthcare systems, and community-based organizations, to develop strategies that improve participation in clinical trials, particularly among underrepresented groups. Currently, Nehi Inc is conducting a project, funded by Eli Lilly, to test the effectiveness of convening such a group. The project, launched in early 2022, will conclude at the end of 2023, with the goal of piloting an intervention that could increase diverse community members' knowledge and awareness of clinical trials.


Official website here: www.nehi-us.org

Who is the CEO of Nehi Inc?

Wendy Warring Jd is the Director of Nehi Inc. The CEO's salary of Nehi Inc is $309,369 and their total compensation is $321,644.


Official website here: www.nehi-us.org

What is the revenue of Nehi Inc?

Nehi Inc's revenue in 2022 was $2,062,268.


Official website here: www.nehi-us.org

Who are the executives of Nehi Inc and what are their salaries?

The average compensation at Nehi Inc during 2022 was $65,657. There are 17 employees at Nehi Inc.


Here are 21 key members and their salaries (Nehi Inc's CEO's salary is $309,369 and their total compensation is $321,644):


Nora Dennis Md Msph (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Apkon Md Phd Mba (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Sherman Md Mba Ms (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Severin Mph (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Coburn Mph (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jen Doorly Magaziner Mba Mph (Director (Since Dec 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Filippone Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruben King-Shaw Mha (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David P Meeker Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garth Graham Md Mph Facp Facc (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eve Slater Md Facc (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josef Von Rickenbach Mba (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cara Mcnulty Dpa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandhya Rao Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Lewis Jd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Murray Ross Phd (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Lutes Jd (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan J Fleming Mpa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Warring Jd (President & Ceo)
  • Compensation: $309,369
  • Related: $0
  • Other: $12,275
Thomas Hubbard (Vice President-Policy Rese)
  • Compensation: $181,623
  • Related: $0
  • Other: $36,265
Stephen B Herskovitz (Vice President Of Marketing & Member Engagement)
  • Compensation: $149,509
  • Related: $0
  • Other: $11,781


Official website here: www.nehi-us.org

Where can I find the form 990 for Nehi Inc?

Nehi Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nehi-us.org

Learn more at the official website: www.nehi-us.org

Mission Statement of Nehi Inc

Nehi Inc, a community-focused research organization, is dedicated to solving complex problems and achieving value in the healthcare sector. They achieve this mission by fostering interdisciplinary collaboration and innovation. The organization has partnered with Eli Lilly to test the effectiveness of convening a group of organizations with varied stakes in clinical trials in developing strategies to improve the participation of underrepresented groups in clinical trials. This project, launched in early 2022 and set to conclude at the end of 2023, is led by a board comprising academic, health system, and community-based organizations in Indiana, including those representing persons of color. In the current phase, the project team is piloting an intervention identified by the board as potentially effective in increasing diverse community members' knowledge and awareness of clinical trials. After concluding this intervention, the project team and board will assess its impact and discuss potential options for sustaining the board beyond the project period.

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Impact




July, 2024

Nehi Inc is making a significant impact by tackling complex problems in healthcare and fostering interdisciplinary collaboration and innovation. One of their initiatives involves partnering with Eli Lilly to improve the participation of underrepresented groups in clinical trials. By convening a diverse group of organizations and implementing interventions to increase awareness about clinical trials, Nehi Inc is working towards a more inclusive and equitable healthcare system. This collaborative approach has the potential to create lasting change and improve healthcare outcomes for a broader range of individuals.




This information is meant to be a general summary of Nehi Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,062,268 (2022)
Expenses
$1,798,676 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,300
  • Program Service Revenue: $720,500
  • Gross Receipts: $2,062,268

Assets and Liabilities:

  • Total Assets: $1,179,311
  • Total Liabilities: $979,495
  • Net Assets: $199,816

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$720,500

Organization Details

Founding Year

2002

Principal Officer

Wendy Warring Jd

Main Address

50 MILK STREET 16TH FLOOR, BOSTON, MA, 02109

NTEE Category

Code: E05 - Health

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