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Institute For Accountable Care

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

EIN: 822461803 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Institute For Accountable Care?

The Institute for Accountable Care is a nonprofit organization based in Washington, D.C., specifically at 2001 L Street NW 500. Its mission is dedicated to establishing evidence on the impact of accountable care delivery strategies on both quality and cost. The organization strives to identify and spread best practices in accountable care. With a team of eight employees, the Institute for Accountable Care works diligently to contribute to the advancement of more efficient and effective healthcare services.


Official website here: www.institute4ac.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.

The Institute For Accountable Care has received a moderate rating of 73%, indicating a fair level of accountability and finance management. The organization boasts a fully independent board and demonstrates strong performance in areas such as the absence of material diversion of assets and a high program expense ratio of over 90%. These factors suggest that the nonprofit effectively utilizes its resources towards its mission.

However, the organization faces significant limitations in governance practices, as it lacks a whistleblower policy and a document retention and destruction policy, both of which are crucial for transparency and accountability. Additionally, the nonprofit has not posted its tax form on its website, which could hinder public access to important financial information. These shortcomings contributed to the overall Two-Star rating, highlighting areas for improvement in governance practices to enhance trust and accountability among stakeholders.


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

Is Institute For Accountable Care legitimate?

Institute For Accountable Care is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Accountable Care 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: $188,647
Professional Fundraising Fees: $0
Other Salaries and Wages: $614,225

For more financial information, click here


Official website here: www.institute4ac.org

What is the mission statement of Institute For Accountable Care?

The Institute for Accountable Care's mission is focused on advancing the field of accountable care delivery. Its primary objective is to establish a solid evidence base regarding the impact of these strategies on both quality and cost. Furthermore, the institution aims to identify and disseminate the most effective practices in accountable care. By doing so, it contributes to improving healthcare services by promoting cost-effective and high-quality care strategies.


Official website here: www.institute4ac.org

Who is the CEO of Institute For Accountable Care?

Robert Mechanic is the Director of Institute For Accountable Care.


Official website here: www.institute4ac.org

What is the revenue of Institute For Accountable Care?

Institute For Accountable Care's revenue in 2022 was $1,599,749.


Official website here: www.institute4ac.org

Who are the executives of Institute For Accountable Care and what are their salaries?

The average compensation at Institute For Accountable Care during 2022 was $100,359. There are 8 employees at Institute For Accountable Care.


Here are 9 key members and their salaries:


Robert A Berenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Berwick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clif Gaus (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark M Mcclellan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
J M Mcwilliams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Nuckolls (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Prince (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Simpson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Mechanic (Executive Director)
  • Compensation: $181,391
  • Related: $0
  • Other: $7,256


Official website here: www.institute4ac.org

Where can I find the form 990 for Institute For Accountable Care?

Institute For Accountable Care's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.institute4ac.org

Learn more at the official website: www.institute4ac.org

Mission Statement of Institute For Accountable Care

The Institute for Accountable Care is dedicated to establishing a comprehensive understanding of the effects of accountable care delivery strategies on both quality and cost. Its mission is twofold: firstly, to construct a solid evidence base demonstrating the impact of these strategies, and secondly, to identify and disseminate best practices in the field of accountable care. By achieving these objectives, the Institute aims to contribute significantly to the advancement of accountable care delivery, ultimately improving the overall quality and efficiency of healthcare services.

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Impact




July, 2024

The Institute For Accountable Care's impact can be seen through its efforts to build the evidence base on the impact of Accountable Care delivery strategies on both quality and cost. By identifying and disseminating best practices in Accountable Care, the institute is contributing to the improvement of healthcare systems. Through its work in Washington, DC, the institute is striving to advance the understanding of how Accountable Care models can enhance the quality of care while controlling costs, ultimately benefiting the healthcare industry as a whole.




This information is meant to be a general summary of Institute For Accountable Care. 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
$1,599,749 (2022)
Expenses
$1,239,021 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,599,749
  • Gross Receipts: $1,599,749

Assets and Liabilities:

  • Total Assets: $955,069
  • Total Liabilities: $19,775
  • Net Assets: $935,294

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Programs

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

RESEARCH AND EDUCATION

Revenue

$1,599,749

Organization Details

Founding Year

2017

Principal Officer

Robert Mechanic

Main Address

2001 L ST NW 500, WASHINGTON, DC, 200364955

NTEE Category

Code: E70 - Health

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