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Vermont Healthcare Information Technology Education Center Inc

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

EIN: 030364625 ✦ Williston, VT ✦ Designated as a 501(c)(3)

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Overview

What is Vermont Healthcare Information Technology Education Center Inc?

Vermont Healthcare Information Technology Education Center Inc is a nonprofit organization that provides specialized assistance to Abt Associates and grant recipients in establishing and executing the Registered Apprenticeship model. Their role involves developing, authorizing, and implementing this model, which they have successfully accomplished through five Healthcare ITAR Programs. These programs encompass employer engagement, employment guarantees from employers, and curriculum creation tailored to employer job requirements. Furthermore, Vermont HITEC plays a significant role in recruiting potential applicants for these employment opportunities.


Official website here: www.iaahitec.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

The Vermont Healthcare Information Technology Education Center Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 96%, the organization demonstrates a high standard of financial health and governance practices, indicating effective use of resources and transparency in operations.

One of the organization's notable strengths is its board composition, with 80% of members being independent, which promotes unbiased decision-making. Additionally, the organization has established robust oversight mechanisms, including a well-functioning audit committee and policies for conflict of interest, whistleblower protection, and document retention. This indicates a commitment to ethical management and accountability.

While the organization excels in financial metrics, it is worth noting that its program expense ratio is an impressive 89.73%, suggesting that a significant portion of its expenditures directly supports its mission. Overall, the Vermont Healthcare Information Technology Education Center Inc stands out for its operational integrity and commitment to delivering impact in the healthcare education sector.


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

Is Vermont Healthcare Information Technology Education Center Inc legitimate?

Vermont Healthcare Information Technology Education Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vermont Healthcare Information Technology Education Center 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: $150,151
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,467,031

For more financial information, click here


Official website here: www.iaahitec.org

What is the mission statement of Vermont Healthcare Information Technology Education Center Inc?

The Vermont Healthcare Information Technology Education Center Inc serves a mission to directly assist Abt Associates and their grantees in the development, approval, and implementation of the Registered Apprenticeship model. This organization has initiated and executed five Healthcare ITAR Programs, involving employer engagement, employment guarantees, and curriculum development tailored to employer job requirements. Furthermore, Vermont Healthcare Information Technology Education Center Inc is responsible for recruiting applicants for these employers, contributing to the development of the healthcare IT workforce.


Official website here: www.iaahitec.org

Who is the CEO of Vermont Healthcare Information Technology Education Center Inc?

Matthew Mckenney is the President/Treasurer/Ceo of Vermont Healthcare Information Technology Education Center Inc. The CEO's salary of Vermont Healthcare Information Technology Education Center Inc is $150,151 and their total compensation is $155,597.


Official website here: www.iaahitec.org

What is the revenue of Vermont Healthcare Information Technology Education Center Inc?

Vermont Healthcare Information Technology Education Center Inc's revenue in 2022 was $3,590,708.


Official website here: www.iaahitec.org

Who are the executives of Vermont Healthcare Information Technology Education Center Inc and what are their salaries?

The average compensation at Vermont Healthcare Information Technology Education Center Inc during 2022 was $62,199. There are 26 employees at Vermont Healthcare Information Technology Education Center Inc.


Here are 5 key members and their salaries (Vermont Healthcare Information Technology Education Center Inc's CEO's salary is $150,151 and their total compensation is $155,597):


Matthew Mckenney (President/Treasurer/Ceo)
  • Compensation: $150,151
  • Related: $0
  • Other: $5,446
Dr Gerald P Ghazi Jd (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathaniel Hendrie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr John J Collins Jd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Ferney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.iaahitec.org

Where can I find the form 990 for Vermont Healthcare Information Technology Education Center Inc?

Vermont Healthcare Information Technology Education Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iaahitec.org

Learn more at the official website: www.iaahitec.org

Mission Statement of Vermont Healthcare Information Technology Education Center Inc

Vermont Healthcare Information Technology Education Center, abbreviated as Vermont HITEC, is dedicated to providing direct technical assistance to organizations and grantees in the development, approval, and implementation of the Registered Apprenticeship model. Their mission is multifaceted, encompassing several key aspects. Firstly, they engage employers directly in this process, ensuring a collaborative approach to developing the model. Secondly, they guarantee employment for the apprentices with these employers, providing a secure foundation for their training. Lastly, Vermont HITEC develops curriculums based on the specific job requirements of these employers, ensuring that the apprentices are equipped with the skills needed to succeed in their roles. In addition to this, Vermont HITEC is responsible for recruiting applicants for these employer positions, playing a pivotal role in connecting talented individuals with relevant career opportunities in the healthcare information technology sector.

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Impact




July, 2024

Vermont Healthcare Information Technology Education Center Inc's impact lies in offering direct technical assistance for the development, approval, and implementation of the Registered Apprenticeship model. They have successfully developed and implemented five Healthcare ITAR Programs, focusing on employer engagement, employment guarantees, and curriculum development aligned with employer job requirements. Additionally, they play a crucial role in recruiting applicants for employers in the healthcare industry. Their work contributes significantly to advancing healthcare IT education and training in Vermont.




This information is meant to be a general summary of Vermont Healthcare Information Technology Education Center 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
$3,590,708 (2022)
Expenses
$3,706,696 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $772
  • Program Service Revenue: $1,949,111
  • Gross Receipts: $3,590,708

Assets and Liabilities:

  • Total Assets: $2,406,511
  • Total Liabilities: $434,794
  • Net Assets: $1,971,717

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Programs

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

Program service fees

Revenue

$779,459

Consulting

Revenue

$1,169,652

Organization Details

Founding Year

2000

Principal Officer

Matthew Mckenney

Main Address

156 Commerce Street PO Box 1548, Williston, VT, 05495

NTEE Category

Code: W22 - Public benefit

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