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The Wedi Foundation

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

EIN: 542014909 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is The Wedi Foundation?

The Wedi Foundation, based in Washington D.C., serves as a supporting organization for the Workgroup for Electronic Data Interchange. Its primary focus is on the development and publication of reports, specifically aiming to close gaps in healthcare through health data exchange. The organization operates with a commitment to enhancing the flow of electronic health information, thereby improving overall healthcare delivery and outcomes.


Official website here: www.wedi.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 0 Stars (43%)

The Wedi Foundation has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score of 43% reflects issues primarily in the program expense ratio, where it scored 0 out of 25 points, suggesting that the organization may not be effectively channeling funds into its intended programs.

Despite these shortcomings, the foundation does have some strengths, such as having an entirely independent board and a well-structured governance framework, which includes a conflict of interest policy and proper documentation of board meeting minutes. The organization has also demonstrated no material diversion of assets, indicating a level of financial integrity.

However, the absence of critical policies, such as a whistleblower policy and a document retention and destruction policy, raises questions about its operational transparency and accountability. The missing pieces of the governance structure contribute to the low accountability score and overall rating, which potential donors should consider when evaluating the foundation's effectiveness and reliability.


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

Is The Wedi Foundation legitimate?

The Wedi Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Wedi 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.wedi.org

What is the mission statement of The Wedi Foundation?

The Wedi Foundation serves as a supporting organization for the Workgroup for Electronic Data Interchange. Its primary mission is to advance the development and publication of reports focused on bridging gaps in healthcare delivery through the exchange of electronic data. This mission aims to improve the overall efficiency and effectiveness of healthcare services, ultimately benefiting patients and healthcare providers alike.


Official website here: www.wedi.org

Who is the CEO of The Wedi Foundation?

Charles Stellar is the President And Ceo of The Wedi Foundation. The CEO's salary of The Wedi Foundation is $0 and their total compensation is $440,901.


Official website here: www.wedi.org

What is the revenue of The Wedi Foundation?

The Wedi Foundation's revenue in 2022 was $0.


Official website here: www.wedi.org

Who are the executives of The Wedi Foundation and what are their salaries?

There 5 volunteers at The Wedi Foundation.


Here are 6 key members and their salaries (The Wedi Foundation's CEO's salary is $0 and their total compensation is $440,901):


Charles Stellar (President And Ceo)
  • Compensation: $0
  • Related: $420,000
  • Other: $20,901
Jay Eisenstock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Narcisi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Spector (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Meyers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Kelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wedi.org

Where can I find the form 990 for The Wedi Foundation?

The Wedi Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wedi.org

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

Mission Statement of The Wedi Foundation

The Wedi Foundation serves as a supportive organization for the Workgroup for Electronic Data Interchange. Its primary mission, as outlined, is to foster the development and publication of a report titled "Closing Gaps in Care Through Health Data Exchange." This report aims to bridge gaps in healthcare delivery by promoting the exchange of electronic data, thereby enhancing the overall quality and efficiency of healthcare services. The Wedi Foundation's mission is instrumental in driving the adoption of digital data exchange standards, ultimately contributing to improved patient outcomes and streamlined healthcare operations.

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Impact




October, 2024

The Wedi Foundation plays a crucial role in enhancing healthcare through its initiatives focused on health data exchange. By developing and publishing insightful reports, such as "Closing Gaps in Care Through Health Data Exchange," the foundation sheds light on the importance of sharing health information to improve patient outcomes. Located in Washington, DC, it serves as a supporting organization for the Workgroup for Electronic Data Interchange, fostering collaboration and innovation in electronic health data sharing. Through its efforts, the foundation aims to streamline healthcare processes, reduce inefficiencies, and ultimately support a more effective healthcare system.




This information is meant to be a general summary of The Wedi 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.

Revenue
$0 (2022)
Expenses
$2,155 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $22,380
    • Total Liabilities: $0
    • Net Assets: $22,380

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    Organization Details

    Founding Year

    2000

    Principal Officer

    Charles Stellar

    Main Address

    4401-A CONNECTICUT AVE NW Suite 205, WASHINGTON, DC, 20008

    NTEE Category

    Code: E80 - Health

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