Overview
What is Altair Aco?
Altair Aco is a nonprofit organization established in January 2022, initially consisting of six organizations focused on individuals with intellectual and developmental disabilities (I/DD). Based in Saint Paul, Minnesota, Altair Aco now comprises 14 members and serves 35% of individuals in the state receiving waivered services. With an extensive collective experience of over 950 years, Altair members work diligently to enhance services for individuals with disabilities. As a coordinating mechanism, Altair facilitates collaboration among organizations, develops quality measurement tools, and incorporates innovative financing methods to promote person-centered delivery systems. The Minnesota Department of Human Services (DHS) collaborates with Altair in developing value-based models, aiming to bring new revenue to providers and expand services. Altair also embeds pharmacy Medication Therapy Management (MTM) practices into their baseline practices, securing contracts with health entities and projected payments of $2M in 2023 and $5M to date. Altair Aco's charitable mission is accomplished when its members improve their services for persons with disabilities, creating innovative models to serve them effectively.
Is Altair Aco legitimate?
Altair Aco is a legitimate nonprofit organization registered as a 501(c)(3) entity. Altair Aco 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: $228,194
Professional Fundraising Fees: $0
Other Salaries and Wages: $125,489
For more financial information, click here
What is the mission statement of Altair Aco?
Altair Aco's mission is centered around improving services for individuals with disabilities. Their members collaborate to develop innovative models that cater to the needs of this population. Beginning with six organizations specializing in intellectual and/or developmental disabilities, Altair, established as a non-profit in 2022, now comprises 14 members. The organization reaches 35% of individuals on waivered services and supports over 20,000 individuals with disabilities in Minnesota. With a cumulative 950 years of experience in serving people with intellectual and/or developmental disabilities, Altair also brings its own decade of experience in innovating new service models. The organization acts as a coordinating mechanism, managing collaboration across organizations and services for people with disabilities, and introduces quality measurement and data-sharing tools to track outcomes and exchange information. Additionally, Altair incorporates new payment and financing methods, aiming to bring new revenues to providers and expand person-centered delivery systems.
Who is the CEO of Altair Aco?
George Klauser is the Chair of Altair Aco. The CEO's salary of Altair Aco is $0 and their total compensation is $228,194.
What is the revenue of Altair Aco?
Altair Aco's revenue in 2022 was $741,980.
Who are the executives of Altair Aco and what are their salaries?
There 14 volunteers at Altair Aco.
Here are 16 key members and their salaries (Altair Aco's CEO's salary is $0 and their total compensation is $228,194):
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- Related: $202,369
- Other: $25,825
Where can I find the form 990 for Altair Aco?
Altair Aco's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Altair Aco
Altair Aco, a non-profit organization, aims to fulfill its charitable mission by improving the services it provides to individuals with disabilities. The members of Altair Aco collaborate to develop innovative and effective models for serving this population. With a collective experience of over 950 years serving people with intellectual and/or developmental disabilities (I/DD), Altair Aco has a strong foundation in this field. Additionally, as an entity, Altair Aco has ten years of experience in innovating new service delivery models to help individuals with disabilities live as independently as possible.
Altair Aco aligns health and social services by acting as a coordinating mechanism, managing collaboration across organizations and services for people with disabilities. It creates quality measurement and data-sharing tools to track outcomes and exchange information. Furthermore, Altair Aco incorporates new payment and financing methods, such as embedding pharmacy MTM practices into baseline practices and negotiating per-member/per-month contracts with health entities. These strategies are expected to bring in significant revenue for providers and expand person-centered delivery systems within new waiver reimagine programs. Altair Aco's mission is to continually improve its services for individuals with disabilities while creating innovative models for effective and independent living.
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Impact
July, 2024
Altair Aco's impact lies in pioneering new and innovative models for serving individuals with disabilities. By aligning health and social services, Altair acts as a coordinating mechanism that enhances collaboration across organizations and services for people with disabilities. Additionally, Altair creates quality measurement and data-sharing tools to track outcomes and exchange information, while also incorporating new payment and financing methods. This approach not only improves services for individuals with disabilities but also brings new revenues to providers and promotes person-centered delivery systems. Altair's efforts have resulted in significant financial benefits, with projected payments directly to its members/providers reaching $2 million in 2023 and $5 million to date.
This information is meant to be a general summary of Altair Aco. 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: $633,188
- Gross Receipts: $741,980
Assets and Liabilities:
- Total Assets: $313,917
- Total Liabilities: $143,757
- Net Assets: $170,160
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER FEES
Revenue
$620,726
CARE COORDINATION
Revenue
$12,462
Organization Details
Founding Year
2021
Phone
(651) 969-2288Principal Officer
George Klauser
Main Address
2485 COMO AVE, SAINT PAUL, MN, 55108
NTEE Category
Code: E92 - Health
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