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Idaho Health Data Exchange Inc

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

EIN: 743249732 ✦ Boise, ID ✦ Designated as a 501(c)(3)

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Overview

What is Idaho Health Data Exchange Inc?

Idaho Health Data Exchange Inc is a nonprofit organization situated in Boise, Idaho. With a team of nine dedicated individuals, their primary objective is to establish a data exchange platform for healthcare providers across the state. This platform aims to enhance collaboration within the healthcare community, ultimately improving patient care. Their mission is to enhance the quality and coordination of healthcare in Idaho by implementing a statewide health information exchange. This initiative aims to streamline data sharing, potentially leading to more efficient and effective patient care.


Official website here: www.idahohde.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Idaho Health Data Exchange Inc has received a two-star rating from Charity Navigator, indicating areas needing attention despite a strong score in accountability and finance. The organization excels in governance, with an independent board and comprehensive policies in place, scoring 100% for its accountability measures. Notable strengths include a solid program expense ratio of 68.03%, reflecting effective use of funds for its mission.

However, significant financial concerns are evident, as the organization shows a high liabilities to assets ratio of 321.91%, and a troubling fundraising efficiency ratio of $0.002. This suggests challenges in managing debt and raising funds effectively, which could impact its sustainability and operational capacity. Additionally, a negative working capital ratio indicates potential liquidity issues that might hinder the organization's ability to meet its short-term obligations.

Overall, while Idaho Health Data Exchange Inc demonstrates strong governance practices, the financial metrics suggest urgent improvements are needed to ensure long-term viability and mission effectiveness. Addressing these weaknesses will be crucial for enhancing its overall rating and impact in the healthcare sector.


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

Is Idaho Health Data Exchange Inc legitimate?

Idaho Health Data Exchange Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Idaho Health Data Exchange 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: $405,015

For more financial information, click here


Official website here: www.idahohde.org

What is the mission statement of Idaho Health Data Exchange Inc?

Idaho Health Data Exchange Inc's mission is focused on improving patient care within the healthcare community. To achieve this, the organization aims to enhance the quality and coordination of care across Idaho through the implementation of a statewide health information exchange. This involves establishing a data exchange platform that is accessible to service providers throughout the state, thereby promoting efficient and effective communication in the delivery of healthcare services.


Official website here: www.idahohde.org

Who is the CEO of Idaho Health Data Exchange Inc?

Jesse Meldru is the Chair of Idaho Health Data Exchange Inc.


Official website here: www.idahohde.org

What is the revenue of Idaho Health Data Exchange Inc?

Idaho Health Data Exchange Inc's revenue in 2022 was $4,672,838.


Official website here: www.idahohde.org

Who are the executives of Idaho Health Data Exchange Inc and what are their salaries?

The average compensation at Idaho Health Data Exchange Inc during 2022 was $45,002. There are 9 employees and 13 volunteers at Idaho Health Data Exchange Inc.


Here are 15 key members and their salaries:


Michael Ide (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Lawhorn (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dick Armstrong (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Vitulli (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Hatfield (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Yee (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Vanderpool (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Malone (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Pharis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mj Tran (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tami Fife (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clark Geslin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hans Kastensmith (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Prudence (Employee)
  • Compensation: $142,500
  • Related: $0
  • Other: $11,400


Official website here: www.idahohde.org

Where can I find the form 990 for Idaho Health Data Exchange Inc?

Idaho Health Data Exchange Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.idahohde.org

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

Mission Statement of Idaho Health Data Exchange Inc

Idaho Health Data Exchange Inc, with a focus on collaboration within the healthcare community, strives to enhance patient care. Its mission is to elevate the quality and coordination of healthcare in Idaho by implementing a statewide health information exchange. By establishing a data exchange platform, Idaho Health Data Exchange Inc enables service providers across the state to share and access patient information more effectively. This initiative aims to improve the overall healthcare experience for patients by ensuring that healthcare providers have access to the most up-to-date and comprehensive information about their patients, ultimately leading to better-informed decisions and improved health outcomes.

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Impact




July, 2024

Idaho Health Data Exchange Inc's impact is evident in its efforts to lead collaboration in the healthcare community to improve patient care. By implementing a data exchange platform for service providers throughout the state, the organization is actively working towards improving the quality and coordination of care in Idaho through the implementation of statewide health information exchange. This initiative is crucial in enhancing healthcare delivery and patient outcomes in the region, making a significant impact on the healthcare ecosystem.




This information is meant to be a general summary of Idaho Health Data Exchange 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.

Revenue
$4,672,838 (2022)
Expenses
$3,534,931 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$96,624
  • Program Service Revenue: $1,799,687
  • Gross Receipts: $6,789,037

Assets and Liabilities:

  • Total Assets: $1,021,312
  • Total Liabilities: $3,287,736
  • Net Assets: -$2,266,424

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DATA EXCHANGE FEES

Revenue

$1,799,687

Organization Details

Founding Year

2008

Principal Officer

Jesse Meldru

Main Address

PO BOX 6978, BOISE, ID, 83707

NTEE Category

Code: E02 - Health

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