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Healtheast Medical Research Institute

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

EIN: 411765832 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Healtheast Medical Research Institute?

Healtheast Medical Research Institute is a prominent nonprofit organization based in Minneapolis, Minnesota, operating under Fairview Health Services. Their primary mission involves running medical clinics to improve the accessibility, quality, and cost efficiency of healthcare services while conducting medical research. They use patient data to expand a database for research purposes. The institute's staff consists of dedicated healthcare professionals, including doctors, nurse midwives, and nurse practitioners. Healtheast Medical Research Institute offers a full range of healthcare services for patients of all ages and serves as a charitable health resource. They provide emergency and necessary non-emergency services to the community, regardless of their ability to pay. The organization has written off medical services amounting to $5,039,273 as bad debt. Fairview Health Services, to which Healtheast Medical Research Institute belongs, is a leading, award-winning, nonprofit healthcare system with hospitals, primary care clinics, and other services, all part of a shared care delivery system. Fairview prioritizes community involvement and has a long-standing commitment to reducing health disparities, particularly for communities of color. They have led a successful multi-cultural mobile vaccination program, which quickly adapted to provide COVID-19 testing and vaccinations during the pandemic.


Official website here: www.fairview.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Healtheast Medical Research Institute has achieved a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. This score is primarily based on their significant focus on financial integrity, demonstrating a commitment to transparency, with a high percentage of independent board members and a thorough audit and oversight process.

The organization showcases strengths in various areas, including a strong program expense ratio of 82.95%, indicating that the majority of their funds are directed towards programs rather than administrative costs. The presence of comprehensive policies, such as conflict of interest and whistleblower protections, further highlights their commitment to ethical governance and accountability.

However, while the organization has performed well in terms of financial accountability, the overall score is derived solely from this aspect. There is limited information available regarding their programmatic effectiveness or impact on the community they serve, which could be an area for potential improvement in future evaluations.


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

Is Healtheast Medical Research Institute legitimate?

Healtheast Medical Research Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Healtheast Medical Research Institute 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $77,579,261

For more financial information, click here


Official website here: www.fairview.org

What is the mission statement of Healtheast Medical Research Institute?

Healtheast Medical Research Institute is dedicated to enhancing the accessibility, quality, and cost efficiency of medical and health care services. Through conducting medical research and operating medical clinics for the treatment of the sick and infirmed, the institute aims to improve health care for the public. The institute's commitment to community service is demonstrated by providing emergency and medically necessary nonemergency services to those in need, regardless of their ability to pay. Healtheast Medical Research Institute is a not-for-profit organization, contributing time and resources to serve the community's health care needs. In addition to charity care and community benefits, the institute also writes off medical services to bad debt. By integrating operations with related hospitals and creating a joint clinical enterprise, Healthisast Medical Research Institute strives to create a nationally renowned academic health system. The organization's mission is to provide compassionate health care and contribute to research activities for the betterment of public health.


Official website here: www.fairview.org

Who is the CEO of Healtheast Medical Research Institute?

Unavailable The CEO's salary of Healtheast Medical Research Institute is $0 and their total compensation is $3,487,618.


Official website here: www.fairview.org

What is the revenue of Healtheast Medical Research Institute?

Healtheast Medical Research Institute's revenue in 2022 was $145,072,485.


Official website here: www.fairview.org

Who are the executives of Healtheast Medical Research Institute and what are their salaries?


Here are 36 key members and their salaries (Healtheast Medical Research Institute's CEO's salary is $0 and their total compensation is $3,487,618):


Ann Lowry Md (Vice Chair0)
  • Compensation: $0
  • Related: $25,000
  • Other: $0
Jakub Tolar Md (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Hereford (President & Ceo)
  • Compensation: $0
  • Related: $3,370,758
  • Other: $116,860
Karen Grabow (Secretary)
  • Compensation: $0
  • Related: $25,000
  • Other: $0
Rich Ostlund (Chair)
  • Compensation: $0
  • Related: $35,000
  • Other: $0
Ann Williamson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barclay Berdan (Director)
  • Compensation: $0
  • Related: $20,000
  • Other: $0
Brad Wallin (Director)
  • Compensation: $0
  • Related: $20,000
  • Other: $0
David Levy (Director)
  • Compensation: $0
  • Related: $20,000
  • Other: $0
Jodi Richard (Director)
  • Compensation: $0
  • Related: $25,000
  • Other: $0
John Heinmiller (Director)
  • Compensation: $0
  • Related: $25,000
  • Other: $0
Julie Causey (Director)
  • Compensation: $0
  • Related: $25,000
  • Other: $0
Kenneth Roering (Director)
  • Compensation: $0
  • Related: $20,000
  • Other: $0
Melissa Geller Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Connly (Director)
  • Compensation: $0
  • Related: $25,000
  • Other: $0
Myron Frans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pj Hill (Director)
  • Compensation: $0
  • Related: $20,000
  • Other: $0
Shawntera Hardy (Director)
  • Compensation: $0
  • Related: $20,000
  • Other: $0
Stephen Swensen Md (Director)
  • Compensation: $0
  • Related: $20,000
  • Other: $0
Timothy Marx (Director)
  • Compensation: $0
  • Related: $25,000
  • Other: $0
Andrea Mokros (Chf Public Affairs Officer)
  • Compensation: $0
  • Related: $561,164
  • Other: $85,859
John Batson Term 8312022 (Cfo)
  • Compensation: $0
  • Related: $1,077,616
  • Other: $10,301
Joseph Gaylord (Cfo)
  • Compensation: $0
  • Related: $714,491
  • Other: $39,425
Laura Reed (Coo)
  • Compensation: $0
  • Related: $1,544,185
  • Other: $191,815
Mark Welton (Cmo)
  • Compensation: $0
  • Related: $1,326,543
  • Other: $34,438
Mary Nease (Chf People Officer)
  • Compensation: $0
  • Related: $835,496
  • Other: $123,243
Robert Beacher (Evp & Chf Shared Clinical Svcs)
  • Compensation: $0
  • Related: $1,044,422
  • Other: $39,551
Sameer Badlani (Chf Digital Officer)
  • Compensation: $0
  • Related: $1,043,054
  • Other: $150,277
Scott Weber Term 132022 (Chf Marketing Officer)
  • Compensation: $0
  • Related: $715,234
  • Other: $3,689
Trudi Trysla (Chf Legal Counsel)
  • Compensation: $0
  • Related: $931,521
  • Other: $117,476
Elizabeth Bennett Md (Physician)
  • Compensation: $0
  • Related: $1,120,758
  • Other: $23,226
Geoffrey Fasen Md (Physician)
  • Compensation: $0
  • Related: $739,988
  • Other: $43,329
James Mcgreevy Md (Physician)
  • Compensation: $0
  • Related: $743,289
  • Other: $42,751
Kyle Wahlstrom Md (Physician)
  • Compensation: $0
  • Related: $793,212
  • Other: $42,808
Puneet Cheema Md (Physician)
  • Compensation: $0
  • Related: $780,323
  • Other: $44,616
Srijoy Mahapatra (Former Chf Strategy Officer)
  • Compensation: $0
  • Related: $113,742
  • Other: $0


Official website here: www.fairview.org

Where can I find the form 990 for Healtheast Medical Research Institute?

Healtheast Medical Research Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fairview.org

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

Mission Statement of Healtheast Medical Research Institute

Healtheast Medical Research Institute, driven by a deep commitment to healing, discovery, and education, strives for longer, healthier lives for all. This nonprofit organization operates medical clinics that cater to the sick and infirm, enhancing the accessibility, quality, and cost efficiency of healthcare services in the community. The institute's mission is twofold; it provides compassionate health care to patients while conducting medical research for the benefit of the public.

The Healtheast Medical Research Institute's team of dedicated healthcare professionals, including board-certified doctors, nurse midwives, and nurse practitioners, work tirelessly to offer a full range of services to patients of all ages. Their commitment to the community is demonstrated through their charitable work, as they provide emergency and non-emergency services to those in need, regardless of their ability to pay. The institute's charitable care and community benefits are essential components of its mission.

As a not-for-profit organization, Healtheast Medical Research Institute contributes time and resources to serve the community's health care needs. They are part of Fairview Health Services, an industry-leading health system known for exceptional healthcare across various services. With a rich history dating back to 1906, Fairview Health Services operates numerous hospitals, primary care clinics, and other healthcare facilities throughout Minnesota and Western Wisconsin. Healtheast Medical Research Institute's research activities play a crucial role in the health system's mission to create a nationally renowned academic health system.

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Impact




October, 2024

Healtheast Medical Research Institute significantly impacts community health through its commitment to enhancing accessibility, quality, and cost efficiency in healthcare services. By operating medical clinics across the Twin Cities East Metro area, the institute provides essential medical care to individuals of all ages, ensuring that services are available regardless of patients' ability to pay.

The institute’s dual focus on patient care and medical research allows it to leverage treatment data to expand a comprehensive healthcare database. This integration fosters advancements in medical research, directly benefiting public health and informing better healthcare practices.

Moreover, Healtheast Medical Research Institute plays a vital role in addressing health disparities, particularly in marginalized communities. The institute is actively involved in initiatives that provide emergency and medically necessary services, reflecting its dedication to serving as a charitable health resource. For instance, its significant charity care initiatives and other community benefit programs demonstrate a commitment to health equity, directly assisting those in need.

Through partnerships with local public health agencies, Healtheast has taken the lead on crucial public health initiatives like the Minnesota Immunization Network Initiative (MINI). This effort specifically addresses vaccination barriers among communities of color, showcasing the institute's adaptability and outreach capabilities, especially during public health crises like the COVID-19 pandemic.

In summary, Healtheast Medical Research Institute's impact is profound, combining compassionate patient care, innovative research, and proactive community engagement to foster healthier lives across the communities it serves.




This information is meant to be a general summary of Healtheast Medical Research Institute. 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
$145,072,485 (2022)
Expenses
$179,881,857 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $372
  • Program Service Revenue: $144,993,397
  • Gross Receipts: $145,072,485

Assets and Liabilities:

  • Total Assets: $43,927,884
  • Total Liabilities: $201,505,714
  • Net Assets: -$157,577,830

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Programs

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

Patient Revenue

Revenue

$141,367,835

Research Revenue

Revenue

$3,625,562

Organization Details

Founding Year

1993

Main Address

2450 Riverside Avenue, Minneapolis, MN, 55454

NTEE Category

Code: E050 - Health

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