Overview
What is Healthcentric Advisors Inc?
Healthcentric Advisors Inc is a nonprofit organization based in Providence, Rhode Island, with an address at 235 Promenade Street 500. Their primary focus is on improving healthcare quality, patient safety, and health information technology through consulting, research, education, and project administration services. The organization serves various entities such as providers, government agencies, foundations, education institutions, research firms, and other related entities. As the administrator of the QPP SURS program, Healthcentric Advisors Inc works to support small, underserved, and rural healthcare providers in New England states. Their mission involves developing and providing innovative and evidence-based consultation, education, tools, and resources to measure and improve the quality, safety, and value of person-centered healthcare in the communities they serve. The organization boasts a workforce of 46 dedicated individuals.
Official website here: www.healthcentricadvisors.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Healthcentric Advisors Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's impressive score is derived from a robust accountability framework, indicating that it manages its resources effectively and operates with a high level of transparency. With a 96% score in this category, it demonstrates a commitment to ethical practices and responsible financial management.
The organization has a fully independent board with a significant majority of 92% independent members, which contributes to its governance strength. Its financial structure is solid, with no reported material diversion of assets and a favorable liabilities-to-assets ratio of 34%, showcasing its stability. Additionally, Healthcentric Advisors invests a substantial 70.89% of its expenses directly in programs, indicating a strong focus on mission-related activities.
While the ratings highlight the organization's strengths, there are no noted limitations in the available data. Overall, Healthcentric Advisors Inc stands out as a well-managed nonprofit dedicated to accountability, ensuring that donors can trust their contributions are utilized effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Healthcentric Advisors Inc legitimate?
Healthcentric Advisors Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Healthcentric Advisors 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: $783,489
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,426,999
For more financial information, click here
Official website here: www.healthcentricadvisors.org
What is the mission statement of Healthcentric Advisors Inc?
Healthcentric Advisors Inc's mission is to create and offer consultation, education, and resources that assess and enhance the quality, safety, and value of healthcare. The organization develops and provides innovative and evidence-based consultation, educational materials, tools, and resources, focusing on person-centered healthcare in the communities they serve. They offer not-for-profit healthcare quality improvement, patient safety, and health information technology consulting, research, education, and project administration services to various entities, such as providers, government agencies, foundations, education institutions, research firms, and related entities. Healthcentric Advisors Inc serves as the administrator of the QPP SURS program (Quality Payment Program Small/Underserved and Rural Support), covering all New England states.
Official website here: www.healthcentricadvisors.org
Who is the CEO of Healthcentric Advisors Inc?
John Keimig is the Principal Officer of Healthcentric Advisors Inc. The CEO's salary of Healthcentric Advisors Inc is $278,454 and their total compensation is $340,229.
Official website here: www.healthcentricadvisors.org
What is the revenue of Healthcentric Advisors Inc?
Healthcentric Advisors Inc's revenue in 2022 was $4,794,668.
Official website here: www.healthcentricadvisors.org
Who are the executives of Healthcentric Advisors Inc and what are their salaries?
The average compensation at Healthcentric Advisors Inc during 2022 was $69,793. There are 46 employees and 12 volunteers at Healthcentric Advisors Inc.
Here are 21 key members and their salaries (Healthcentric Advisors Inc's CEO's salary is $278,454 and their total compensation is $340,229):
- Compensation: $278,454
- Related: $0
- Other: $61,775
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Compensation: $173,483
- Related: $0
- Other: $44,724
- Compensation: $178,551
- Related: $0
- Other: $46,501
- Compensation: $140,561
- Related: $0
- Other: $24,784
- Compensation: $124,888
- Related: $0
- Other: $15,586
- Compensation: $114,211
- Related: $0
- Other: $27,196
- Compensation: $108,520
- Related: $0
- Other: $20,073
- Compensation: $108,824
- Related: $0
- Other: $19,165
- Compensation: $105,871
- Related: $0
- Other: $28,437
Official website here: www.healthcentricadvisors.org
Where can I find the form 990 for Healthcentric Advisors Inc?
Healthcentric Advisors Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.healthcentricadvisors.org
Learn more at the official website: www.healthcentricadvisors.org
Mission Statement of Healthcentric Advisors Inc
Healthcentric Advisors Inc is committed to advancing the quality, safety, and value of healthcare through innovative and evidence-based consultation, education, tools, and resources. This mission-driven organization develops and provides services in various sectors, including government agencies, foundations, education institutions, research firms, and other related entities. By focusing on person-centered healthcare, Healthcentric Advisors Inc strives to improve the overall healthcare landscape in the communities they serve.
One of their key initiatives is the administration of the QPP SURS Program, which stands for the Quality Payment Program Small/Underserved and Rural Support. This contract covers all the New England states, demonstrating Healthcentric Advisors Inc's dedication to supporting providers in these regions. By providing not-for-profit healthcare quality improvement, patient safety, and health information technology consulting, research, education, and project administration services, Healthcentric Advisors Inc aims to contribute positively to the healthcare industry. Their goal is to ensure that healthcare providers can deliver high-quality care while ensuring the safety and value of their services for the communities they serve.
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Impact
July, 2024
Healthcentric Advisors Inc's impact lies in its commitment to developing and providing consultation, education, and resources that measure and improve the quality, safety, and value of healthcare. By offering not-for-profit healthcare quality improvement, patient safety, and health information technology consulting, as well as research, education, and project administration services, Healthcentric Advisors Inc plays a vital role in supporting providers, government agencies, foundations, education institutions, research firms, and other related entities.
One notable contribution is the organization's role as the administrator of the QPP SURS program (Quality Payment Program Small/Underserved and Rural Support) covering all New England states. This program aims to enhance the quality and accessibility of healthcare services in underserved and rural communities, thereby improving health outcomes for vulnerable populations.
Overall, Healthcentric Advisors Inc's work aligns with its mission to develop and provide innovative and evidence-based consultation, education, tools, and resources that ultimately enhance the quality, safety, and value of person-centered healthcare in the communities it serves.
This information is meant to be a general summary of Healthcentric Advisors 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1,488,552
- Gross Receipts: $4,794,668
Assets and Liabilities:
- Total Assets: $3,654,793
- Total Liabilities: $1,177,107
- Net Assets: $2,477,686
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$1,488,552
Organization Details
Founding Year
2003
Phone
(401) 528-3200Principal Officer
John Keimig
Main Address
235 PROMENADE STREET 500, PROVIDENCE, RI, 02908
NTEE Category
Code: G02 - Disease
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