Overview
What is National Institute For Health Care Mgmt Research & Educational Foundation?
The National Institute For Health Care Mgmt Research & Educational Foundation is a nonprofit organization, headquartered in Washington D.C., specifically at 1225 19TH STREET NW 710. With a team of six dedicated individuals, its primary mission is to conduct comprehensive research, facilitate educational forums, and distribute informative materials to the public. By focusing on innovative and effective practices in health care management, the foundation aims to enhance efficiency and lower costs within the U.S. healthcare sector. Its initiatives include educational events, discussion groups, and dissemination of relevant information, all aimed at improving the overall performance and affordability of healthcare services in the United States.
Official website here: www.nihcm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The National Institute For Health Care Management Research & Educational Foundation has received a commendable four-star rating from Charity Navigator, primarily reflecting its strong accountability and finance practices. With a perfect score in most categories, including its independent board composition and financial oversight, the organization demonstrates a robust commitment to transparency and responsible governance.
The foundation's financial health is also notable, with a program expense ratio of 85.64%, indicating that a significant portion of its resources is allocated towards its mission-driven programs. This is complemented by a low liabilities to assets ratio of 3.13%, suggesting sound financial management and stability. However, the organization did receive a lower score for fundraising efficiency, which may warrant attention to improve its fundraising strategies.
Overall, while the foundation excels in governance and financial accountability, it may need to refine its fundraising efforts to enhance its overall efficiency. Nonetheless, the high ratings in key performance areas signify a reliable organization dedicated to its mission in health care management research and education.
This AI summary has been generated from information found on Charity Navigator.
Is National Institute For Health Care Mgmt Research & Educational Foundation legitimate?
National Institute For Health Care Mgmt Research & Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Institute For Health Care Mgmt Research & Educational Foundation 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: $271,601
Professional Fundraising Fees: $0
Other Salaries and Wages: $742,711
For more financial information, click here
Official website here: www.nihcm.org
What is the mission statement of National Institute For Health Care Mgmt Research & Educational Foundation?
The National Institute For Health Care Mgmt Research & Educational Foundation's mission is centered around conducting research, organizing educational forums, and leading discussion groups. Their primary objective is to disseminate educational materials to the public, focusing on innovative and effective practices in health care management. The aim is to enhance the efficiency of the healthcare system and reduce its costs in the United States. The foundation accomplishes this by conducting research, hosting educational events, and distributing relevant information to the public.
Official website here: www.nihcm.org
Who is the CEO of National Institute For Health Care Mgmt Research & Educational Foundation?
Nancy Chockley is the Director of National Institute For Health Care Mgmt Research & Educational Foundation. The CEO's salary of National Institute For Health Care Mgmt Research & Educational Foundation is $0 and their total compensation is $297,609.
Official website here: www.nihcm.org
What is the revenue of National Institute For Health Care Mgmt Research & Educational Foundation?
National Institute For Health Care Mgmt Research & Educational Foundation's revenue in 2022 was $3,373,173.
Official website here: www.nihcm.org
Who are the executives of National Institute For Health Care Mgmt Research & Educational Foundation and what are their salaries?
The average compensation at National Institute For Health Care Mgmt Research & Educational Foundation during 2022 was $169,052. There are 6 employees at National Institute For Health Care Mgmt Research & Educational Foundation.
Here are 20 key members and their salaries (National Institute For Health Care Mgmt Research & Educational Foundation's CEO's salary is $0 and their total compensation is $297,609):
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- Related: $271,600
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- Other: $62,190
- Compensation: $116,043
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- Other: $34,778
- Compensation: $140,220
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- Other: $31,855
Official website here: www.nihcm.org
Where can I find the form 990 for National Institute For Health Care Mgmt Research & Educational Foundation?
National Institute For Health Care Mgmt Research & Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nihcm.org
Learn more at the official website: www.nihcm.org
Mission Statement of National Institute For Health Care Mgmt Research & Educational Foundation
The National Institute for Health Care Management Research & Educational Foundation is committed to conducting research, organizing educational forums, and facilitating discussion groups. Their primary objective is to make educational materials on effective and innovative practices in health care management readily available to the public. This initiative aims to enhance the efficiency of healthcare services and decrease their overall cost within the United States. By conducting research, holding educational events, and distributing relevant materials, the National Institute for Health Care Management Research & Educational Foundation strives to contribute to the improvement of the healthcare sector in the United States.
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Impact
July, 2024
The National Institute for Health Care Management Research & Educational Foundation has made a significant impact by conducting research, holding educational forums and discussion groups, and distributing educational materials to the public on effective and innovative practices in health care management. Their efforts aim to improve the efficiency and reduce the cost of health care in the United States. By focusing on such initiatives, the foundation contributes to the advancement of healthcare practices and systems, ultimately benefiting both healthcare providers and patients.
This information is meant to be a general summary of National Institute For Health Care Mgmt Research & Educational Foundation. 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.
- Investment Income: -$57,463
- Gross Receipts: $5,896,420
Assets and Liabilities:
- Total Assets: $8,278,539
- Total Liabilities: $259,284
- Net Assets: $8,019,255
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Organization Details
Founding Year
1998
Phone
(202) 296-4426Principal Officer
Nancy Chockley
Main Address
1225 19TH STREET NW 710, WASHINGTON, DC, 20036
Website
www.nihcm.orgNTEE Category
Code: E058 - Health
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