Overview
What is Virginia Cardiac Services Quality Initiative?
Virginia Cardiac Services Quality Initiative (VCSQI) is a collaborative nonprofit organization based in South Riding, Virginia. Its primary objective is to enhance cardiovascular care, aiming to improve patient experiences and reduce costs for hospitals and payors. VCSQI achieves this through its multidisciplinary network of cardiac surgery and cardiology practices. Regular meetings educate professionals, leading to numerous research studies and quality improvement projects. Quarterly meetings are held for key decision-makers, while monthly check-ins review progress and data. VCSQI has made significant strides, with over 60 peer-reviewed publications and five statewide initiatives to optimize heart care outcomes.
Official website here: www.vcsqi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Virginia Cardiac Services Quality Initiative has achieved a remarkable 97% rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The charity's score is derived entirely from its performance in financial practices, notably earning perfect scores in various categories such as independent board member composition, asset management, and program expense ratio.
Strengths of the organization include having a fully independent board of 16 members and a flawless record of material asset diversion. Its financial integrity is further highlighted by a 0% liabilities to assets ratio and a complete allocation of expenses to programs. Additionally, the presence of robust policies regarding conflicts of interest, whistleblower protection, and document retention underscores the organization's dedication to ethical governance.
While the executive director and quality improvement advisor receive salaries that are reasonable for the nonprofit sector, the absence of compensation for board members suggests a commitment to volunteerism and service over personal financial gain. Overall, the Virginia Cardiac Services Quality Initiative exemplifies strong organizational health and transparency, making it a commendable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Virginia Cardiac Services Quality Initiative legitimate?
Virginia Cardiac Services Quality Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Cardiac Services Quality Initiative 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: $169,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.vcsqi.org
What is the mission statement of Virginia Cardiac Services Quality Initiative?
The Virginia Cardiac Services Quality Initiative (VCSQI) is committed to revolutionizing cardiovascular care with the aim of enhancing patient experiences and value. Through a collaborative multidisciplinary network, its members work towards improving the quality of care delivered to patients, simultaneously reducing costs for hospitals and payors. Notable accomplishments include establishing a multi-institutional network of cardiac surgery and cardiology practices, publishing over 60 peer-reviewed studies, and launching five statewide initiatives to optimize heart care outcomes.
Official website here: www.vcsqi.org
What is the revenue of Virginia Cardiac Services Quality Initiative?
Virginia Cardiac Services Quality Initiative's revenue in 2023 was $233,175.
Official website here: www.vcsqi.org
Who are the executives of Virginia Cardiac Services Quality Initiative and what are their salaries?
There 20 volunteers at Virginia Cardiac Services Quality Initiative.
Here are 18 key members and their salaries:
- Compensation: $92,500
- Related: $0
- Other: $0
- Compensation: $77,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.vcsqi.org
Where can I find the form 990 for Virginia Cardiac Services Quality Initiative?
Virginia Cardiac Services Quality Initiative's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.vcsqi.org
Learn more at the official website: www.vcsqi.org
Mission Statement of Virginia Cardiac Services Quality Initiative
Virginia Cardiac Services Quality Initiative, abbreviated as VCSQI, is committed to revolutionizing cardiovascular care with the aim of enhancing patient experience and value. By fostering a multidisciplinary network of cardiac surgery and cardiology practices, its members collaborate closely to elevate the quality of care delivered to patients, simultaneously reducing costs for hospitals and payors. Notable accomplishments include the establishment of a multi-institutional network and the publication of over 60 peer-reviewed articles, underscoring VCSQI's commitment to optimizing heart care outcomes through evidence-based practices.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Virginia Cardiac Services Quality Initiative (VCSQI) has significantly transformed cardiovascular care in the region, focusing on enhancing patient experience and delivering greater value. Through a multidisciplinary network, VCSQI brings together various healthcare professionals, including surgeons, cardiologists, nurses, and quality improvement staff, to collaborate on improving care quality and reducing costs for hospitals and payors.
One of the initiative's key achievements is the establishment of a multi-institutional network of cardiac surgery and cardiology practices that fosters data sharing and best practices among members. With over 60 peer-reviewed publications, VCSQI contributes to the medical research landscape and has launched five statewide initiatives aimed at optimizing heart care outcomes.
Regular meetings and educational sessions facilitate knowledge exchange, ensuring that members stay informed about the latest advancements in cardiovascular care. Quarterly meetings for the Quality Committee and Board of Directors enable strategic oversight and innovation, while monthly check-ins track progress on quality improvement initiatives.
The initiative also emphasizes the importance of data integrity through processes like angiogram reviews, which align imaging with pathology to ensure appropriateness and enhance care quality. Overall, VCSQI's collaborative approach leads to improved surgical quality, better patient outcomes, and cost-effective cardiovascular care.
This information is meant to be a general summary of Virginia Cardiac Services Quality Initiative. 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: $44,675
- Gross Receipts: $233,175
Assets and Liabilities:
- Total Assets: $513,012
- Total Liabilities: $0
- Net Assets: $513,012
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2003
Principal Officer
Clifford Edwin Fonner
Website
www.vcsqi.orgNTEE Category
Code: H43 - Medical research
If you are a representative of Virginia Cardiac Services Quality Initiative and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.