Overview
What is Advisewell Inc?
Advisewell Inc, situated in New Orleans, Louisiana, is a nonprofit organization that primarily focuses on enhancing health and healthcare quality. They receive a significant portion of their funding from federal and state governmental contracts, ensuring they can deliver their services effectively. Advisewell's mission is to drive change in health and healthcare by leveraging information and collaborative relationships. Their activities encompass providing quality improvement, review, and assurance services for health programs managed by both governmental and private organizations. The organization plays a crucial role in educating Medicare beneficiaries, their families, and caregivers, empowering them to protect themselves from economic and health-related consequences associated with Medicare fraud, errors, and abuse. Advisewell Inc operates with a team of 15 dedicated individuals.
Official website here: www.advisewell.org
What are the reviews and ratings of this charity?
**Rating: 91% (Four-Star out of Four Star Rating from Charity Navigator)**
Advisewell Inc has achieved a commendable 91% rating, primarily due to its strong accountability and financial practices. The organization demonstrates notable transparency with 100% independent board members and robust oversight on financial matters, ensuring that its resources are effectively utilized for its mission. The absence of material diversions of assets and the presence of comprehensive policies for conflict of interest and whistleblower protection further enhance its credibility.
In terms of financial health, the organization reports a program expense ratio of approximately 65.61%, indicating that a significant portion of its funds is directed towards its mission-related activities. While there are strengths in governance and financial management, the lack of scoring in areas such as impact measurement and leadership adaptability suggests an opportunity for growth and improvement in these critical areas.
User reviews from GreatNonprofits were not available for this organization, limiting the insight into public perception and individual experiences with Advisewell Inc. Nonetheless, the high rating from Charity Navigator reflects a strong commitment to accountability and sound financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Advisewell Inc legitimate?
Advisewell Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Advisewell Inc 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: $762,682
For more financial information, click here
Official website here: www.advisewell.org
What is the mission statement of Advisewell Inc?
Advisewell Inc's mission is centered around enhancing the quality of healthcare and health services. They achieve this by leveraging information and fostering collaborative relationships to facilitate change. Significant activities involve offering quality improvement, review, and assurance services for health programs managed by both governmental and private organizations. A substantial portion of their funding comes from federal and state governmental contracts, primarily benefiting public health. Advisewell Inc's Senior Medicare Patrol grants, funded through the Department of Health & Human Services - Administration for Community Living, aim to educate Medicare beneficiaries, their families, and caregivers. They empower these individuals by increasing their awareness and understanding of healthcare programs, protecting them from potential economic and health-related consequences associated with Medicare fraud, errors, and abuse.
Official website here: www.advisewell.org
Who is the CEO of Advisewell Inc?
Unavailable
Official website here: www.advisewell.org
What is the revenue of Advisewell Inc?
Advisewell Inc's revenue in 2022 was $6,932,766.
Official website here: www.advisewell.org
Who are the executives of Advisewell Inc and what are their salaries?
The average compensation at Advisewell Inc during 2022 was $50,845. There are 15 employees and 25 volunteers at Advisewell Inc.
Here are 6 key members and their salaries:
- 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: $100,719
- Related: $0
- Other: $0
- Compensation: $125,902
- Related: $0
- Other: $0
Official website here: www.advisewell.org
Where can I find the form 990 for Advisewell Inc?
Advisewell Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.advisewell.org
Learn more at the official website: www.advisewell.org
Mission Statement of Advisewell Inc
Advisewell Inc, a notable organization, is committed to enhancing the quality of health and healthcare services. Their mission is to drive change by leveraging information and fostering collaborative relationships. The primary objective of Advisewell Inc is to improve health and healthcare, achievable through their strategic use of information and the establishment of cooperative partnerships. This mission enables Advisewell Inc to facilitate changes in various health programs administered by both governmental and private entities.
Advisewell Inc's mission is rooted in the belief that by utilizing information effectively and building strong relationships, they can significantly contribute to the improvement of health and healthcare services. This mission is crucial in ensuring that health programs run smoothly and effectively, ultimately leading to better health outcomes for individuals and communities. Advisewell Inc's activities, including providing quality improvement, review, and assurance services for these health programs, align with this mission, making them an essential player in the healthcare landscape.
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
July, 2024
Advisewell Inc's impact lies in its mission to improve the quality of health and health care by utilizing information and collaborative relationships to enable change. The organization plays a significant role in providing quality improvement, review, and assurance services for health programs administered by governmental and private organizations. By receiving substantial funding from federal and state governmental contracts, Advisewell Inc is able to benefit public health through its initiatives.
One of Advisewell Inc's key activities includes the Senior Medicare Patrol federal grants, which are obtained through the Department of Health & Human Services - Administration for Community Living. Through these grants, the organization's grants team works to educate Medicare beneficiaries, their families, and caregivers, empowering them with increased awareness and understanding of healthcare programs. This education is crucial in protecting individuals from the economic and health-related consequences associated with Medicare fraud, errors, and abuse.
Located in New Orleans, Louisiana, Advisewell Inc's dedication to its mission and collaborations within the healthcare sector highlight the organization's positive impact on promoting healthcare quality and well-being.
This information is meant to be a general summary of Advisewell Inc. 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: $5,262,492
- Program Service Revenue: $1,670,274
- Gross Receipts: $6,932,766
Assets and Liabilities:
- Total Assets: $15,089,428
- Total Liabilities: $328,154
- Net Assets: $14,761,274
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVERNMENT HEALTH MGMT
Revenue
$1,670,274
Organization Details
Founding Year
1986
Phone
(225) 926-6353Main Address
201 St Charles Ave 2401, New Orleans, LA, 70170
Website
www.advisewell.orgNTEE Category
Code: E00B - Health
If you are a representative of Advisewell Inc 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.