Overview
What is Hospital Industry Data Institute?
The Hospital Industry Data Institute is a nonprofit organization situated in Jefferson City, Missouri. Its primary function involves collecting data for both private and public hospitals in various states, including Missouri, Alabama, Alaska, Arkansas, and others. By assembling various reports, this institute assists hospitals in managing their operations more efficiently. The Institute also conducts data analysis and special research studies for healthcare facilities, working in collaboration with organizations like the Missouri Hospital Association and state partners. Their mission is to provide valuable data and insights to enhance the efficiency and effectiveness of healthcare services.
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What are the reviews and ratings of this charity?
**Hospital Industry Data Institute - Charity Navigator Rating: 96% (Four-Star out of Four Stars)**
The Hospital Industry Data Institute earned a prestigious Four-Star rating from Charity Navigator, signifying its strong performance in Accountability & Finance. This high score reflects an excellent assessment of the organization's financial health, governance practices, and commitment to sustainability. The organization boasts a fully independent board, a solid liabilities-to-assets ratio, and a commendable program expense ratio, indicating efficient financial management and dedication to its mission.
Key strengths highlighted in the data include a well-structured audit and oversight committee, adherence to conflict of interest policies, and comprehensive documentation practices for transparency. However, it is important to note that the most recent financial information was based on FY2021, and there was a minor issue with the posting of tax documents on its website, which impacted a portion of its score.
User reviews from GreatNonprofits could not be retrieved, hence there is no additional feedback to assess public sentiment around the organization. Overall, the Hospital Industry Data Institute presents a strong financial profile and governance structure, making it a trustworthy choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Hospital Industry Data Institute legitimate?
Hospital Industry Data Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hospital Industry Data 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: $910,968
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,869,475
For more financial information, click here
Official website here: www.hidianalyticadvantage.com
What is the mission statement of Hospital Industry Data Institute?
The Hospital Industry Data Institute's mission is centered around gathering data for both private and public hospitals. This data collection is utilized to enhance the operational efficiency of these facilities. Furthermore, the institute provides data analysis and assembles various reports. Beyond this, the organization conducts special research projects for healthcare facilities, aiming to improve their operations and services. In addition to its work with individual hospitals, HIDI collaborates with organizations like the Missouri Hospital Association and various state partners for similar projects.
Official website here: www.hidianalyticadvantage.com
Who is the CEO of Hospital Industry Data Institute?
Jon D Doolittle is the CEO of Hospital Industry Data Institute The CEO's salary of Hospital Industry Data Institute is $0 and their total compensation is $1,162,812.
Official website here: www.hidianalyticadvantage.com
What is the revenue of Hospital Industry Data Institute?
Hospital Industry Data Institute's revenue in 2023 was $9,236,500.
Official website here: www.hidianalyticadvantage.com
Who are the executives of Hospital Industry Data Institute and what are their salaries?
The average compensation at Hospital Industry Data Institute during 2023 was $108,013. There are 35 employees and 42 volunteers at Hospital Industry Data Institute.
Here are 36 key members and their salaries (Hospital Industry Data Institute's CEO's salary is $0 and their total compensation is $1,162,812):
- Compensation: $0
- Related: $1,080,348
- Other: $82,464
- Compensation: $772,347
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- Other: $138,621
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- Related: $430,189
- Other: $42,104
- Compensation: $241,415
- Related: $0
- Other: $38,193
- Compensation: $209,195
- Related: $0
- Other: $49,704
- Compensation: $196,037
- Related: $0
- Other: $58,338
- Compensation: $181,250
- Related: $0
- Other: $49,592
- Compensation: $149,598
- Related: $0
- Other: $56,548
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Official website here: www.hidianalyticadvantage.com
Where can I find the form 990 for Hospital Industry Data Institute?
Hospital Industry Data Institute's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hidianalyticadvantage.com
Learn more at the official website: www.hidianalyticadvantage.com
Mission Statement of Hospital Industry Data Institute
The Hospital Industry Data Institute, or HIDI, is a nonprofit organization dedicated to its mission. Its primary objective is to gather data from both private and public hospitals across various states, including Missouri, Alabama, Alaska, Arkansas, District of Columbia, Georgia, Illinois, Kansas, North Carolina, Oklahoma, Tennessee, Virginia, West Virginia, and Wyoming. This data collection serves as a foundation for HIDI to assemble various reports, which hospitals utilize to improve their operational efficiency.
In addition to data gathering and report assembly, HIDI also provides data analysis services for these healthcare facilities. This analysis allows hospitals to make informed decisions and enhance their operational strategies. Furthermore, HIDI conducts research and special studies for health care facilities, contributing valuable insights and solutions to their operations. HIDI's services extend beyond individual hospitals, as it also collaborates with organizations such as the Missouri Hospital Association and various state partners to provide data-driven solutions.
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Impact
July, 2024
The Hospital Industry Data Institute gathers data for private and public hospitals in multiple states and assembles various reports that assist these facilities in conducting efficient operations. In addition to providing data analysis, HIDI conducts research and special studies for healthcare facilities and state partners, contributing to the improvement of healthcare services and operations.
This information is meant to be a general summary of Hospital Industry Data 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $383,670
- Program Service Revenue: $8,840,793
- Gross Receipts: $22,121,617
Assets and Liabilities:
- Total Assets: $13,433,753
- Total Liabilities: $1,975,506
- Net Assets: $11,458,247
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPECIAL PROJECTS
Revenue
$5,645,464
MEMBERSHIP DUES
Revenue
$3,195,329
Organization Details
Founding Year
1985
Principal Officer
Jon Doolittle
NTEE Category
Code: E02 - Health
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