NEBRASKA HEALTH INFORMATION INITIA… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

LORRAINE EGGER

Phone

4025069900

Tax Period

2023-01-01 to 2023-12-31

NEBRASKA HEALTH INFORMATION INITIATIVE INC, founded in 2008, is a mid-sized nonprofit in the Public & Societal Benefit sector that reported $29.2M in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $9.4M, a strong 32% operating margin.

Mission

NEHII'S MISSION IS TO ORGANIZE AND OPERATE A SYSTEM FOR THE SECURE EXCHANGE AND USE OF HEALTH CARE INFORMATION THROUGHOUT THE STATE OF NEBRASKA TO IMPROVE THE QUALITY AND ACCESS OF HEALTHCARE TO THE COMMUNITY WHILE REDUCING HEALTH CARE COSTS.

Program Service Accomplishments

Program 1

Expenses: $18,600,795 Revenue: $26,954,914

TO FACILITATE THE DESIGN AND IMPLEMENTATION OF AN INTEGRATED STATEWIDE HEALTH INFORMATION TECHNOLOGY AND HEALTH INFORMATION EXCHANGE THAT SUPPORTS THE INFORMATION NEEDS OF ALL HEALTHCARE STAKEHOLDERS TO REDUCE HEALTHCARE COSTS, IMPROVE PATIENT SAFETY, AND IMPROVE THE QUALITY AND EFFICIENCY OF HEALTHCARE AND PUBLIC HEALTH IN THE STATE OF NEBRASKA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $19,372,597

Program Service Revenue $3,819,903

Investment Income $1,839

Other Revenue $5,967,460

TOTAL REVENUE $29,161,799

Expense Breakdown

Grants Paid $58,667

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $18,600,795

Other Expenses $19,697,607

TOTAL EXPENSES $19,756,274

Year-over-Year Comparison

	2023	2022	Change
Revenue	$29,161,799	$35,487,307	-0.2%
Expenses	$19,756,274	$33,762,763	-0.4%
Net Income	$9,405,525	$1,724,544	+4.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$717,959

Total Directors

$411,188

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARTY FATTIG	DIRECTOR (AS OF 5/18/2023)	1.00	Director	$0	$0	$0
SHARI FLOWERS JD	DIRECTOR	1.00	Director	$0	$0	$0
JEANETTE WOJTALEWICZ MHA	SECRETARY & DIRECTOR	2.00	Officer Director	$0	$0	$0
DR MICHAEL WHITE	PRESIDENT & DIRECTOR	2.00	Officer Director	$0	$0	$0
DR JAIME L BLAND	CEO & DIRECTOR	50.00	Officer Director	$0	$13,748	$411,188
STEPHANIE DAUBERT	TREASURER & DIRECTOR	2.00	Officer Director	$0	$0	$0
JEFF FRANCIS	VICE PRESIDENT & DIRECTOR	2.00	Officer Director	$0	$0	$0
DR ALI KHAN	DIRECTOR	1.00	Director	$0	$0	$0
DR JUSTIN BIRGE	DIRECTOR	1.00	Director	$0	$0	$0
MIKE CASSLING	DIRECTOR	1.00	Director	$0	$0	$0
EMILY JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
RAJU KAKARLAPUDI	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN DOLTER	DIRECTOR	1.00	Director	$0	$0	$0
DR CHRIS MALONEY	DIRECTOR (AS OF 9/15/2023)	1.00	Director	$0	$0	$0
STEVEN LEITCH	DIRECTOR	1.00	Director	$0	$0	$0
KRISTIE STIRCKLIN	DIRECTOR	1.00	Director	$0	$0	$0
JERRY WADDEL	DIRECTOR (THRU 3/15/2023)	1.00	Director	$0	$0	$0
MATT EDWARDS	DIRECTOR	1.00	Director	$0	$0	$0
CHAD WERNER	DIRECTOR	1.00	Director	$0	$0	$0
LORRAINE EGGER	CFO	50.00	Officer	$0	$30,572	$306,771

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$29,161,799	$19,756,274	$28,297,688	$9,405,525
2022	$35,487,307	$33,762,763	$19,105,511	$1,724,544
2021	$62,118,071	$57,003,883	$28,480,439	$5,114,188
2020	$72,365,685	$69,446,200	$33,649,383	$2,919,485
2018	$5,016,914	$4,098,180	$2,311,372	$918,734

NEBRASKA HEALTH INFORMATION INITIATIVE INC