Overview
What is Colorado Consumer Health Initiative?
Colorado Consumer Health Initiative (CCHI) is a nonprofit organization situated in Denver, Colorado. With a team of 15 individuals, their mission is to amplify the consumer voice to enhance equitable, affordable, and high-quality healthcare access for all Colorado residents. In 2022, they supported the implementation of the Colorado Option, Prescription Drug Affordability Board, and Hospital Discounted Care Regulations. CCHI engaged the community through various webinars and outreach activities, advocating for greater transparency in Health Care Sharing Associations and supporting legislation on vital health coverage issues. Since 2018, their Consumer Assistance Program has saved nearly 7 million dollars in medical and prescription drug costs for 2,550 clients.
Official website here: www.cohealthinitiative.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Star rating)
The Colorado Consumer Health Initiative has received an impressive Four-Star rating from Charity Navigator, with a score of 98%. This high rating reflects the organization’s strong accountability and financial practices, with a perfect score of 100 for Accountability & Finance. Key strengths include a fully independent board, robust financial oversight, and excellent management of assets, indicating a well-structured organization committed to transparency and ethical governance.
In addition to its financial acumen, the nonprofit excels in effective program execution, with a program expense ratio of nearly 89%. This suggests that a significant portion of its resources is dedicated directly to its mission, which is vital for fostering trust among donors and stakeholders. The organization also implements various policies, such as conflict of interest and whistleblower protections, which contribute to its overall accountability.
However, while the organization boasts a strong culture and community score of 79, there may be room for improvement in its equity strategies. This score indicates that while the initiative is making strides in creating an inclusive environment, further efforts could enhance its impact in this area. Overall, the Colorado Consumer Health Initiative stands out as a financially sound and effective nonprofit dedicated to improving health outcomes in Colorado.
This AI summary has been generated from information found on Charity Navigator.
Is Colorado Consumer Health Initiative legitimate?
Colorado Consumer Health Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Consumer Health Initiative 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: $78,904
Professional Fundraising Fees: $19,300
Other Salaries and Wages: $598,032
For more financial information, click here
Official website here: www.cohealthinitiative.org
What is the mission statement of Colorado Consumer Health Initiative?
The Colorado Consumer Health Initiative (CCHI) strives to amplify consumer voices to enhance accessibility, affordability, and quality of healthcare for all Coloradans. They accomplish this by actively advocating nationwide for progress towards equity in healthcare. The organization's mission is to improve healthcare access for all Coloradans, working diligently towards a more equitable healthcare system. In 2022, CCHI supported consumer-focused implementations of various healthcare policies, such as the Colorado Option, and hosted numerous webinars and outreach activities to involve community voices in these processes. Additionally, they spearheaded efforts to bring greater transparency to Health Care Sharing Associations and supported crucial legislation on healthcare coverage for immigrant Coloradans and reproductive health care. Since 2018, their Consumer Assistance Program has saved nearly 7 million dollars in consumer medical and prescription drug costs and served over 2,500 clients.
Official website here: www.cohealthinitiative.org
Who is the CEO of Colorado Consumer Health Initiative?
Mannat Singh is the Board Chair of Colorado Consumer Health Initiative.
Official website here: www.cohealthinitiative.org
What is the revenue of Colorado Consumer Health Initiative?
Colorado Consumer Health Initiative's revenue in 2022 was $1,933,349.
Official website here: www.cohealthinitiative.org
Who are the executives of Colorado Consumer Health Initiative and what are their salaries?
The average compensation at Colorado Consumer Health Initiative during 2022 was $45,129. There are 15 employees and 2 volunteers at Colorado Consumer Health Initiative.
Here are 11 key members and their salaries:
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- Compensation: $74,977
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- Other: $3,927
Official website here: www.cohealthinitiative.org
Where can I find the form 990 for Colorado Consumer Health Initiative?
Colorado Consumer Health Initiative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cohealthinitiative.org
Learn more at the official website: www.cohealthinitiative.org
Mission Statement of Colorado Consumer Health Initiative
The Colorado Consumer Health Initiative, often abbreviated as CCHI, is dedicated to amplifying the consumer voice in an effort to enhance access to affordable and high-quality healthcare for all Coloradans. By working tirelessly across the state, CCHI strives towards progress that promotes equity, affordability, and quality in healthcare.
In essence, the mission of CCHI is to ensure that every Colorado resident has a say in the healthcare landscape, advocating for policies and practices that benefit the community as a whole. Their approach is centered around collaboration and community involvement, aiming to bring diverse perspectives into the decision-making processes related to healthcare.
In 2022, CCHI demonstrated their commitment to this mission by supporting the implementation of consumer-focused policies, such as the Colorado Option, Prescription Drug Affordability Board, and Hospital Discounted Care Regulations. They organized numerous webinars and outreach activities to engage the community and raise awareness, ensuring that Coloradans' voices were heard throughout these processes. Their efforts extended to spearheading HB22 1269, which aimed to increase transparency in Health Care Sharing Associations in Colorado. Additionally, CCHI supported member organizations in passing crucial legislation that protected reproductive health care, promoted oral health, and provided coverage for immigrant Coloradans.
Since 2018, CCHI's Consumer Assistance Program has played a significant role in saving consumers nearly 7 million dollars in medical and prescription drug costs, while serving over 2,550 clients. This program underscores CCHI's mission to make healthcare more accessible and affordable for all Coloradans, demonstrating their ongoing commitment to improving the health and well-being of the community.
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Impact
July, 2024
Colorado Consumer Health Initiative has had a significant impact on improving access to healthcare for all Coloradans. In 2022, the organization supported consumer-focused implementation of key initiatives such as the Colorado Option, Prescription Drug Affordability Board, and Hospital Discounted Care Regulations. They have actively engaged the community through webinars and outreach activities to amplify consumer voices and raise awareness. Additionally, Colorado Consumer Health Initiative played a pivotal role in passing legislation for greater transparency in health care sharing associations, coverage for immigrant Coloradans, protecting reproductive health care, and promoting oral health.
Since 2018, their Consumer Assistance Program has achieved remarkable results, saving nearly $7 million in consumer medical and prescription drug costs and assisting 2,550 clients. Through their statewide advocacy efforts, Colorado Consumer Health Initiative continues to work towards equity, affordability, and quality in healthcare, making a tangible difference in the lives of Coloradans.
This information is meant to be a general summary of Colorado Consumer Health Initiative. 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: $1,801
- Program Service Revenue: $72,967
- Gross Receipts: $1,933,349
Assets and Liabilities:
- Total Assets: $1,521,604
- Total Liabilities: $186,370
- Net Assets: $1,335,234
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$52,700
FISCAL SPONSOR FEES
Revenue
$20,267
Organization Details
Founding Year
1990
Phone
(303) 839-1261Principal Officer
Mannat Singh
Main Address
303 E 17TH AVENUE SUITE 400, DENVER, CO, 80203
Website
www.cohealthinitiative.orgNTEE Category
Code: W90 - Public benefit
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