Overview
What is Rhode Island Quality Institute?
The Rhode Island Quality Institute is a nonprofit organization situated in Providence, Rhode Island. Its primary mission is to enhance health and healthcare by facilitating the sharing of reliable data and information. By leveraging Rhode Island's unique characteristics, the Institute aims to foster connectivity among healthcare providers and patients, thereby improving the accuracy, responsiveness, and effectiveness of healthcare. This is achieved through the use of technology to standardize, streamline, and expedite the retrieval and delivery of patient data statewide. The Institute also strives to encourage consistent delivery of care based on best practices and create a system that rewards improved professional performance. With a workforce of 38 individuals, the Institute represents various stakeholders in healthcare, including leadership, health insurance, consumers, and public interest, to collaboratively develop innovative solutions and champion changes for the betterment of healthcare quality.
Official website here: www.riqi.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)**
The Rhode Island Quality Institute (RIQI) has secured a commendable Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. This rating reflects the organization's commitment to transparency and effective financial management, with a score of 96% in this area. Noteworthy metrics include a high percentage of independent board members and a solid program expense ratio, which suggests that a significant portion of its budget is allocated toward fulfilling its mission.
However, it's important to note that the rating is based solely on the Accountability & Finance category, with RIQI being ineligible for evaluation in areas such as Leadership & Adaptability, Culture & Community, or Impact & Measurement. This limitation may indicate a gap in comprehensive assessment, leaving potential donors or supporters without a full picture of the organization's effectiveness and community impact.
User reviews from GreatNonprofits could not be fetched, thus there is no additional public sentiment available to complement the fiscal analysis. Overall, while RIQI demonstrates strong financial health, further insights into its operational effectiveness and community engagement would enhance understanding of its impact in the nonprofit landscape.
This AI summary has been generated from information found on Charity Navigator.
Is Rhode Island Quality Institute legitimate?
Rhode Island Quality Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rhode Island Quality Institute 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: $178,988
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,836,898
For more financial information, click here
Official website here: www.riqi.org
What is the mission statement of Rhode Island Quality Institute?
The Rhode Island Quality Institute's mission is to represent various stakeholders in healthcare, including leadership, health insurance, consumers, and public interest, collaboratively. They aim to develop innovative solutions, advocate for changes, and allocate time, resources, and expertise to enhance the quality of healthcare. The organization leverages Rhode Island's unique characteristics to demonstrate how the healthcare system can be improved through collaborative innovation. They strive to foster connectivity among healthcare teams and patients, increase accuracy, responsiveness, and effectiveness in healthcare using technology, and standardize, streamline, and expedite the retrieval and delivery of patient data statewide. The Institute's goal is to help healthcare providers consistently deliver care based on best-known practices and create a system that motivates and rewards improved professional performance.
Official website here: www.riqi.org
Who is the CEO of Rhode Island Quality Institute?
Indra Neil Sarkar Phd is the CEO of Rhode Island Quality Institute The CEO's salary of Rhode Island Quality Institute is $240,376 and their total compensation is $240,376.
Official website here: www.riqi.org
What is the revenue of Rhode Island Quality Institute?
Rhode Island Quality Institute's revenue in 2023 was $9,997,223.
Official website here: www.riqi.org
Who are the executives of Rhode Island Quality Institute and what are their salaries?
The average compensation at Rhode Island Quality Institute during 2023 was $91,390. There are 33 employees at Rhode Island Quality Institute.
Here are 28 key members and their salaries (Rhode Island Quality Institute's CEO's salary is $240,376 and their total compensation is $240,376):
- 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
- 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: $240,376
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $162,351
- Related: $0
- Other: $16,637
- Compensation: $150,147
- Related: $0
- Other: $16,091
- Compensation: $148,974
- Related: $0
- Other: $28,570
- Compensation: $175,891
- Related: $0
- Other: $32,525
- Compensation: $153,872
- Related: $0
- Other: $22,379
- Compensation: $122,579
- Related: $0
- Other: $664
Official website here: www.riqi.org
Where can I find the form 990 for Rhode Island Quality Institute?
Rhode Island Quality Institute's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.riqi.org
Learn more at the official website: www.riqi.org
Mission Statement of Rhode Island Quality Institute
The Rhode Island Quality Institute, a collaborative organization, is dedicated to improving health and healthcare in the region. Their mission is threefold: firstly, they aim to represent various stakeholders in healthcare leadership, including healthcare providers, health insurers, consumer advocates, and the public interest. Secondly, they strive to foster innovative solutions by collaborating with these constituencies. Lastly, they commit time, resources, and expertise to enact change within their organizations, with the ultimate goal of enhancing the quality of healthcare.
To achieve this mission, the Rhode Island Quality Institute leverages the unique characteristics of the region to demonstrate how collaborative innovation can improve the healthcare system. They focus on fostering connectivity among the healthcare team and the patient, increasing accuracy, responsiveness, and effectiveness in healthcare delivery through the use of technology. By standardizing, streamlining, and speeding up the retrieval and delivery of patient data statewide, they aim to help healthcare providers consistently deliver care based on best-known practices. Ultimately, their goal is to create a system that inspires and rewards improved professional performance.
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
Rhode Island Quality Institute's impact is evident in its efforts to improve health and healthcare in Rhode Island by providing trusted data and information to enable the best possible healthcare outcomes. Through their focus on connecting data, leveraging technology, and fostering collaboration among healthcare professionals and patients, they have worked to standardize, streamline, and improve the delivery of patient care statewide. Their mission to champion changes, innovate solutions, and improve the quality of healthcare reflects their commitment to transforming the healthcare system in Rhode Island.
This information is meant to be a general summary of Rhode Island Quality Institute. 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.
- Program Service Revenue: $8,979,102
- Gross Receipts: $9,997,223
Assets and Liabilities:
- Total Assets: $7,836,694
- Total Liabilities: $2,587,971
- Net Assets: $5,248,723
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.
CONTRACT REVENUE
Revenue
$5,313,841
SUPPORT REVENUE
Revenue
$2,770,973
FEE FOR SERVICE
Revenue
$865,671
OTHER REVENUE
Revenue
$28,617
Organization Details
Founding Year
2001
Principal Officer
Indra Neil Sarkar Phd
Website
www.riqi.orgNTEE Category
Code: E600 - Health
If you are a representative of Rhode Island Quality Institute 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.