Overview
What is Ochin Inc?
Ochin Inc, based in Portland, Oregon, is a nonprofit healthcare innovation center. They provide expertise and solutions to enhance the information technology systems of approximately 500 local and county health and welfare clinics. Ochin's mission is to promote quality, affordable healthcare for all through the use of health information technology, software, and services designed specifically for community health clinics and small practices catering to the medically underserved population. With a workforce of 842 individuals, they dedicate their efforts to empowering these organizations with advanced technology and resources.
Official website here: www.ochin.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Ochin Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The overall score is based entirely on the Accountability & Finance beacon, with a commendable score of 82%. The organization demonstrates strong governance practices, with a fully independent board and no material diversion of assets, which suggests transparency and responsible management of resources.
Strengths include a high program expense ratio of 77.69%, reflecting that a significant portion of its funds is directed towards its charitable programs. Additionally, the nonprofit has comprehensive policies in place, including conflict of interest and whistleblower policies, which enhance its accountability and foster trust among stakeholders. The organization also excels in areas such as financial oversight, demonstrating effective management of its financial statements.
However, there are some areas for improvement, particularly with the liabilities to assets ratio, which is at 68.89%. This may indicate some financial leverage that could be concerning in terms of financial stability. Overall, while Ochin Inc showcases strong governance and programmatic effectiveness, it should address its financial ratios to further bolster its fiscal health and operational resilience.
This AI summary has been generated from information found on Charity Navigator.
Is Ochin Inc legitimate?
Ochin Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ochin 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: $4,790,163
Professional Fundraising Fees: $0
Other Salaries and Wages: $94,406,173
For more financial information, click here
Official website here: www.ochin.org
What is the mission statement of Ochin Inc?
Ochin Inc is a non-profit health care innovation center dedicated to supplying knowledge solutions that promote affordable and quality healthcare for all. Their primary focus is on providing health information technology, software, and services exclusively to community health clinics and small practices serving the medically underserved. To date, they have aided over 500 county and local health and welfare clinics in enhancing their information technology systems. Through these efforts, Ochin Inc aims to ensure that these clinics have the necessary tools to deliver quality healthcare services to their underserved communities.
Official website here: www.ochin.org
Who is the CEO of Ochin Inc?
Abigail Sears is the CEO of Ochin Inc The CEO's salary of Ochin Inc is $577,138 and their total compensation is $667,752.
Official website here: www.ochin.org
What is the revenue of Ochin Inc?
Ochin Inc's revenue in 2024 was $273,772,481.
Official website here: www.ochin.org
Who are the executives of Ochin Inc and what are their salaries?
The average compensation at Ochin Inc during 2024 was $77,923. There are 1273 employees and 20 volunteers at Ochin Inc.
Here are 36 key members and their salaries (Ochin Inc's CEO's salary is $577,138 and their total compensation is $667,752):
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- Compensation: $577,138
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- Other: $31,067
Official website here: www.ochin.org
Where can I find the form 990 for Ochin Inc?
Ochin Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ochin.org
Learn more at the official website: www.ochin.org
Mission Statement of Ochin Inc
Ochin Inc, a nonprofit healthcare innovation center, is dedicated to providing knowledge solutions that promote quality, affordable healthcare for all. With a mission to serve community health clinics and small practices catering to the medically underserved, Ochin offers health information technology, software, and services exclusively for this purpose.
The organization has supported and improved the information technology systems of over 500 county and local health and welfare clinics. By focusing on innovative technology solutions, Ochin aims to enhance the quality of care delivered to underserved communities. Through the implementation of advanced technology systems, these clinics are better equipped to manage patient data, streamline operations, and provide efficient healthcare services. Ochin's commitment to the success of these clinics ensures that they are well-prepared to address the unique challenges that come with serving the medically underserved population.
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Impact
October, 2024
Ochin Inc significantly enhances health care accessibility and quality by delivering innovative health information technology solutions to community health clinics and small practices, particularly those serving medically underserved populations. Based in Portland, Oregon, Ochin empowers over 500 county and local health and welfare clinics by improving their information systems, ensuring they can provide better care to their patients. By focusing on affordable health care initiatives, Ochin plays a crucial role in bridging gaps in the health care system and supporting the overall well-being of communities. Their mission underscores a commitment to making quality health care achievable for all, transforming how clinics interface with technology and enhancing patient care.
This information is meant to be a general summary of Ochin 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 2024.
- Investment Income: $12,226
- Program Service Revenue: $239,442,761
- Gross Receipts: $273,772,481
Assets and Liabilities:
- Total Assets: $111,041,907
- Total Liabilities: $80,506,705
- Net Assets: $30,535,202
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEES
Revenue
$239,442,761
Organization Details
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