Overview
What is Institute For Medicaid Innovation Inc?
The Institute for Medicaid Innovation Inc. is a distinguished nonprofit organization based in Washington, D.C., with a mission to enhance the lives of Medicare enrollees. With a team of 18 dedicated professionals, they strive to develop, implement, and disseminate innovative and evidence-based models of care that prioritize quality, value, equity, and patient, family, and community engagement. Their work is guided and supported by a diverse group of national experts, encompassing academic and non-academic research institutions, advocacy and community organizations, clinician groups, Medicaid managed care organizations, state and federal policymakers, and most importantly, Medicaid enrollees and their families.
Official website here: www.medicaidinnovation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Institute For Medicaid Innovation Inc has achieved a high rating of 95%, reflecting strong accountability and financial practices. This score is derived from the charity's robust financial management and transparency, indicating that it effectively utilizes its resources to fulfill its mission. The organization benefits from a fully independent board, rigorous oversight through an audit committee, and clear policies for conflicts of interest and whistleblowing.
Strengths of the organization include a high program expense ratio of 79.54%, which suggests that a significant majority of its budget is directed towards its programs rather than administrative costs. Additionally, the charity has demonstrated exceptional fundraising efficiency, with costs as low as $0.04 to raise a dollar, underscoring its ability to maximize donations. Its financial health is further highlighted by a low liabilities-to-assets ratio of 14.31%, suggesting sound financial stability.
While the data points to strong performance in accountability and finance, there are no noted limitations or areas for improvement in the feedback. Overall, the Institute For Medicaid Innovation Inc is well-regarded for its integrity and effectiveness in managing charitable resources.
This AI summary has been generated from information found on Charity Navigator.
Is Institute For Medicaid Innovation Inc legitimate?
Institute For Medicaid Innovation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Medicaid Innovation 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: $324,061
Professional Fundraising Fees: $0
Other Salaries and Wages: $806,785
For more financial information, click here
Official website here: www.medicaidinnovation.org
What is the mission statement of Institute For Medicaid Innovation Inc?
The Institute for Medicaid Innovation Inc's mission is centered around improving the lives of Medicaid enrollees. This is achieved through the creation, implementation, and dissemination of innovative and evidence-based models of care. These models aim to enhance quality, value, equity, and patient engagement, involving patients, families, and communities. The organization's work is guided and supported by a group of national experts, including academics, advocacy groups, clinicians, Medicaid managed care organizations, policymakers, and Medicaid enrollees and their families. They contribute to the institute's mission by serving on various committees and panels.
Official website here: www.medicaidinnovation.org
What is the revenue of Institute For Medicaid Innovation Inc?
Institute For Medicaid Innovation Inc's revenue in 2023 was $2,164,417.
Official website here: www.medicaidinnovation.org
Who are the executives of Institute For Medicaid Innovation Inc and what are their salaries?
The average compensation at Institute For Medicaid Innovation Inc during 2023 was $75,390. There are 15 employees and 10 volunteers at Institute For Medicaid Innovation Inc.
Here are 13 key members and their salaries:
- Compensation: $313,940
- Related: $0
- Other: $10,121
- Compensation: $128,077
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- Other: $0
- Compensation: $127,250
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- Other: $0
Official website here: www.medicaidinnovation.org
Where can I find the form 990 for Institute For Medicaid Innovation Inc?
Institute For Medicaid Innovation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.medicaidinnovation.org
Learn more at the official website: www.medicaidinnovation.org
Mission Statement of Institute For Medicaid Innovation Inc
The Institute for Medicaid Innovation Inc is dedicated to improving the lives of Medicaid enrollees. They accomplish this by developing, implementing, and disseminating innovative and evidence-based models of care that promote quality, value, equity, and patient, family, and community engagement. This mission is guided and supported by an exceptional group of national experts representing various research institutions, advocacy and community organizations, clinician groups, Medicaid managed care organizations, state and federal policymakers, and most importantly, Medicaid enrollees and their families. These experts contribute to the Institute's mission by serving on various committees, providing invaluable insights and support for the Institute's work.
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Impact
October, 2024
The Institute for Medicaid Innovation Inc has a profound impact on the lives of Medicaid enrollees by developing, implementing, and disseminating innovative and evidence-based models of care. Its initiatives focus on enhancing the quality, value, and equity of healthcare while actively engaging patients, families, and communities in the process.
The Institute is supported by a diverse group of national experts from various fields, including academic and non-academic research institutions, advocacy groups, clinician organizations, and policymakers at both state and federal levels. This collaborative network ensures that the strategies and models proposed are grounded in real-world insights and best practices.
By addressing critical areas such as the health of women in Medicaid and opioid misuse, the Institute not only seeks to improve healthcare delivery but also works on crafting solutions that are tailored to the unique challenges faced by Medicaid enrollees. Through its efforts, the Institute contributes significantly to advancing healthcare equity and fostering an environment where every Medicaid enrollee can receive quality care that meets their specific needs.
This information is meant to be a general summary of Institute For Medicaid Innovation 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 2023.
- Investment Income: $10,383
- Program Service Revenue: $81,620
- Gross Receipts: $2,164,417
Assets and Liabilities:
- Total Assets: $2,080,399
- Total Liabilities: $297,765
- Net Assets: $1,782,634
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTED SERVICES
Revenue
$80,000
HONORARIUMS
Revenue
$1,620
Organization Details
Founding Year
1999
Principal Officer
Jennifer Moore
Website
www.medicaidinnovation.orgNTEE Category
Code: E056 - Health
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