Overview
What is Special Interest Group For Iias Standards (Sigis)?
Special Interest Group for Iias Standards, commonly known as SIGIS, is a California-based nonprofit association with a shared business interest. Their primary focus is the development and management of standards to comply with Internal Revenue Service (IRS) requirements for operating an Inventory Information Approval System (IIAS) for healthcare payment cards. The SIGIS Certification Program, a significant aspect of their work, ensures that IIAS systems meet the SIGIS specifications. They oversee the program's development, operations, and the web posting of all certified DBA locations upon completion. With a staff of six individuals, SIGIS continues to play a crucial role in the healthcare payment card industry, ensuring compliance with IRS requirements.
Official website here: www.sig-is.org
Is Special Interest Group For Iias Standards (Sigis) legitimate?
Special Interest Group For Iias Standards (Sigis) is a legitimate nonprofit organization registered as a 501(c)(6) entity. Special Interest Group For Iias Standards (Sigis) 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: $802,242
Professional Fundraising Fees: $0
Other Salaries and Wages: $248,548
For more financial information, click here
Official website here: www.sig-is.org
What is the mission statement of Special Interest Group For Iias Standards (Sigis)?
The Special Interest Group For Iias Standards (Sigis) is an association of companies with a shared business interest: the development and management of standards to meet IRS requirements for operating an Inventory Information Approval System (IIAS) specifically for healthcare payment cards. Their primary mission is to establish and manage these standards, overseeing the development and operation of a certification program for IIAS systems that comply with Sigis specifications. Upon completion of the certification process, all certified DBA locations are publicly listed on their website.
Official website here: www.sig-is.org
Who is the CEO of Special Interest Group For Iias Standards (Sigis)?
Jim Meduna is the President And Director of Special Interest Group For Iias Standards (Sigis).
Official website here: www.sig-is.org
What is the revenue of Special Interest Group For Iias Standards (Sigis)?
Special Interest Group For Iias Standards (Sigis)'s revenue in 2022 was $1,563,699.
Official website here: www.sig-is.org
Who are the executives of Special Interest Group For Iias Standards (Sigis) and what are their salaries?
The average compensation at Special Interest Group For Iias Standards (Sigis) during 2022 was $175,132. There are 6 employees at Special Interest Group For Iias Standards (Sigis).
Here are 14 key members and their salaries:
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Official website here: www.sig-is.org
Where can I find the form 990 for Special Interest Group For Iias Standards (Sigis)?
Special Interest Group For Iias Standards (Sigis)'s most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sig-is.org
Learn more at the official website: www.sig-is.org
Mission Statement of Special Interest Group For Iias Standards (Sigis)
Special Interest Group For Iias Standards, often referred to as Sigis, is an association of companies sharing a common business interest. This interest revolves around the development and management of standards required by the Internal Revenue Service (IRS) to operate an Inventory Information Approval System (IIAS) for healthcare payment cards. By joining forces, Sigis members aim to ensure compliance with these standards in their respective operations.
At the heart of Sigis' mission is the creation and management of standards for IIAS systems. This involves developing and overseeing a certification program for these systems. The program includes the establishment of the certification criteria, the operation of the program, and the publication of all certified locations on their website upon completion. By offering this certification program, Sigis helps its members maintain compliance with IRS requirements, thereby ensuring the smooth operation of their IIAS systems.
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Impact
October, 2024
The Special Interest Group for IIAS Standards (SIGIS) plays a critical role in ensuring that healthcare payment systems adhere to IRS requirements for operating an Inventory Information Approval System (IIAS). By developing and managing standards, SIGIS facilitates the certification of systems that meet these specifications, providing a framework for compliance that healthcare providers and payment processors can rely on.
Through its certification program, SIGIS enhances the credibility and functionality of IIAS, ensuring that all certified locations are publicly posted, which promotes transparency and trust among stakeholders. This impact not only aids in regulatory compliance but also streamlines the processing of healthcare payment cards, ultimately benefiting consumers by simplifying the claims and reimbursement processes. In essence, SIGIS helps to create a more efficient healthcare payment ecosystem that meets both industry standards and regulatory requirements.
This information is meant to be a general summary of Special Interest Group For Iias Standards (Sigis). 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: $53,087
- Program Service Revenue: $1,510,512
- Gross Receipts: $1,563,699
Assets and Liabilities:
- Total Assets: $6,938,668
- Total Liabilities: $1,196,082
- Net Assets: $5,742,586
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,510,512
Organization Details
Founding Year
2007
Phone
(925) 855-3228Principal Officer
Jim Meduna
Main Address
111 DEERWOOD 200, SAN RAMON, CA, 94583
Website
www.sig-is.orgNTEE Category
Code: E02 - Health
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