Overview
What is Cardea Health?
Cardea Health is a nonprofit healthcare organization based in Oakland, California, dedicated to serving low-income, medically frail individuals. Their mission is to bridge the gap in the healthcare system, enabling these vulnerable populations to enhance their health, maintain stable housing, and age within their community. Since the inception of Roomkey hotels in 2020, Cardea Health has overseen the medical care of thousands of formerly homeless residents, reducing emergency department visits and inpatient admissions by providing comprehensive healthcare services. In 2022, they supported 65 individuals in a pilot permanent supportive housing program, resulting in significant cost savings. Cardea Health also hires and trains employees with experiences of homelessness and incarceration, providing opportunities for personal growth and career advancement. Their activities extend to medical directorship, clinical staffing, and program design in various sites, including Roomkey hotels, isolation and quarantine sites, and Homekey sites.
Is Cardea Health legitimate?
Cardea Health is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cardea Health 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: $468,279
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,413,484
For more financial information, click here
What is the mission statement of Cardea Health?
Cardea Health, a nonprofit healthcare organization, is dedicated to connecting marginalized populations with the clinical and supportive services they need to enhance their health, maintain stable housing, and age in place. The organization's mission is to bridge a significant gap in the healthcare system, particularly for low-income, medically frail individuals. Cardea Health's initiatives have shown significant cost savings, such as reducing emergency department visits and hospital admissions, thanks to their programs. The organization also prioritizes social justice by hiring individuals with experiences of homelessness and incarceration, providing them with opportunities for career growth and higher wages. In 2022, Cardea Health supported numerous homeless individuals in various programs, including medical care, respite services, and intensive nursing care.
Who is the CEO of Cardea Health?
Alexis Chettiar is the Ceo/Co-Founder of Cardea Health. The CEO's salary of Cardea Health is $222,635 and their total compensation is $225,828.
What is the revenue of Cardea Health?
Cardea Health's revenue in 2022 was $3,827,896.
Who are the executives of Cardea Health and what are their salaries?
The average compensation at Cardea Health during 2022 was $30,351. There are 62 employees and 14 volunteers at Cardea Health.
Here are 9 key members and their salaries (Cardea Health's CEO's salary is $222,635 and their total compensation is $225,828):
- Compensation: $222,635
- Related: $0
- Other: $3,193
- Compensation: $222,635
- Related: $0
- Other: $3,193
- Compensation: $125,802
- Related: $0
- Other: $2,760
- Compensation: $111,768
- Related: $0
- Other: $1,950
- Compensation: $16,423
- Related: $0
- Other: $200
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Cardea Health?
Cardea Health's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cardea Health
Cardea Health, a nonprofit healthcare organization, was established with a mission to bridge the gap in the healthcare system for marginalized populations. Their objective is to connect these individuals to the clinical and supportive services they need, thereby improving their health, maintaining housing stability, and allowing them to age in their communities. Cardea Health's programs fill a crucial void in the healthcare system, providing essential care to those who often fall through the cracks.
The organization has demonstrated its commitment to this mission through various initiatives. Since the opening of Roomkey hotels in 2020, Cardea Health has overseen the medical care of thousands of formerly homeless residents, significantly reducing emergency department visits, inpatient admissions, and other medical expenses. In 2022, Cardea Health supported 65 homeless, medically-frail individuals, helping them improve their health, quality of life, and housing stability. This program alone is estimated to have saved over $8.5 million in medical costs.
Moreover, Cardea Health is committed to social justice by hiring individuals who have experienced homelessness or are re-entering the workforce after incarceration. These employees start as unlicensed caregivers and are given the opportunity to earn a Certified Nurse Assistant certification while employed full-time. Upon completion, they are promoted and receive a significant pay increase. This innovative approach not only provides essential healthcare services but also offers employment opportunities to those most in need.
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Impact
July, 2024
Cardea Health's impact can be seen in the thousands of formerly homeless residents who have received medical care at the Roomkey hotels and Homekey sites since 2020. In 2022 alone, Cardea Health supported 65 homeless, medically frail individuals in improving their health, quality of life, and housing stability through its permanent supportive housing program. The cost savings associated with this program are estimated at over $8.5 million for the year, attributed to reductions in emergency department visits, inpatient admissions, and other medical services.
Furthermore, Cardea Health actively promotes social justice by hiring employees who have experienced homelessness or are re-entering the workforce after incarceration. Employees are provided with training and certifications, such as becoming Certified Nurse Assistants, leading to increased earning potential and career advancement. This approach not only benefits the individuals involved but also contributes to a more inclusive and equitable workforce.
Additionally, Cardea Health's involvement in various programs and initiatives, such as overseeing clinical services at Roomkey hotels, providing health and housing services at isolation and quarantine sites, and offering low-barrier medical respite services, demonstrates its commitment to addressing the healthcare needs of marginalized populations in Oakland, CA. Through research partnerships to advance knowledge in the field, such as an NIH-funded study of health and housing outcomes, Cardea Health is also contributing to broader healthcare initiatives aimed at improving outcomes for underserved communities.
This information is meant to be a general summary of Cardea Health. 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.
- Program Service Revenue: $3,637,296
- Gross Receipts: $3,827,896
Assets and Liabilities:
- Total Assets: $2,563,943
- Total Liabilities: $718,028
- Net Assets: $1,845,915
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Management fees
Revenue
$1,027,609
Program services fees
Revenue
$2,609,687
Organization Details
Founding Year
2021
Phone
(510) 207-8622Principal Officer
Alexis Chettiar
Main Address
1850 Mountain Boulevard, Oakland, CA, 94611
NTEE Category
Code: P20 - Human services
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