Regenstrief Institute Inc

EIN: 300007730 501(c)(3) Education

Indianapolis, IN

Total Revenue
$25,842,905
Total Expenses
$27,355,934
Total Assets
$38,172,831
Net Assets
$35,043,698
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
IN
Phone
3172749185
Tax Period
2024-07-01 to 2025-06-30

Regenstrief Institute Inc, founded in 2002, is a mid-sized nonprofit in the Education sector that reported $25.8M in total revenue in fiscal year 2024.

Mission

To improve health through research that enhances the quality and cost-effectiveness of health care, by functioning as a healthcare laboratory and community of scholars.

Program Service Accomplishments

Program 1
Expenses: $7,119,954 Revenue: $1,926,574

Regenstrief Data Services - Supports innovative healthcare research by providing access to Regenstrief Institute data assets and informatics expertise. Regenstrief Data Services assists investigators...

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Regenstrief Data Services - Supports innovative healthcare research by providing access to Regenstrief Institute data assets and informatics expertise. Regenstrief Data Services assists investigators across all stages of research, from study design and data analysis to algorithm validation and implementation.

Program 2
Expenses: $3,947,856 Revenue: $577,850

Center for Biomedical Informatics - Improving healthcare through informatics. Develop and apply health information technology solutions to generate knowledge about health, disease and treatment, help...

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Center for Biomedical Informatics - Improving healthcare through informatics. Develop and apply health information technology solutions to generate knowledge about health, disease and treatment, help clinicians make optimal decisions, empower patients, and inform healthcare policy.

Program 3
Expenses: $3,422,815 Revenue: $149,410

Health Data Standards (HDS) - Develops and maintains LOINC (Logical Observation Identifiers Names and Codes), a clinical terminology standard mandated for U.S. federal health programs and implemented...

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Health Data Standards (HDS) - Develops and maintains LOINC (Logical Observation Identifiers Names and Codes), a clinical terminology standard mandated for U.S. federal health programs and implemented internationally, and UCUM (Unified Code for Units of Measure) which supports consistent exchange of quantitative data in science, health care, and business. HDS also convenes global stakeholders to advance interoperable health data standards that enable effective data exchange, promote their adoption, and help shape the scientific and policy landscape related to research, public health, and patient care.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $19,223,742
Program Service Revenue $5,847,046
Investment Income $772,117
Other Revenue $0
TOTAL REVENUE $25,842,905

Expense Breakdown

Grants Paid $57,244
Salaries & Benefits $17,201,873
Fundraising Expenses $0
Program Expenses $19,563,679
Other Expenses $10,096,817
TOTAL EXPENSES $27,355,934

Year-over-Year Comparison

2024 2023 Change
Revenue $25,842,905 $24,674,727 +0.0%
Expenses $27,355,934 $27,964,931 0.0%
Net Income $-1,513,029 $-3,290,204 -0.5%
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

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Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
11
Independent Members
3
Employees
227
Volunteers
11

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
6
$1,692,382
Total Directors
11
$3,211,222
Key Employees
1
$263,689
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRAIG BRATER MD Board Member, Chair 1.0
Officer Director
$0 $0 $0
PATRICIA MARTIN MBA Board Member, Treasurer 1.0
Officer Director
$0 $0 $18,450
TATIANA FOROUD PhD MS Board Member, Vice Chair 1.0
Officer Director
$0 $56,962 $649,850
CHRISTOPHER WEAVER MD Board Member 1.0
Director
$0 $38,800 $76,046
CLAIRE FIDDIAN-GREEN MBA Board Member 1.0
Director
$0 $0 $0
JAY L HESS MD PHD MHSA Board Member 1.0
Director
$0 $394,331 $1,283,676
JOHN P KANSKY MSE MBA Board Member 1.0
Director
$0 $0 $0
LISA E HARRIS MD Board Member 1.0
Director
$0 $99,816 $650,172
PHAEDRA CORSO PhD Board Member 1.0
Director
$0 $69,695 $433,290
SARAH WIEHE MD MPH Board Member 1.0
Director
$0 $14,474 $93,738
VIRGINIA CAINE MD Board Member 1.0
Director
$0 $0 $6,000
JOYCE HERTKO PhD MS COO, Secretary 40.0
Officer
$235,771 $40,052 $275,823
KAREN CROW CPA CGMA CFO 40.0
Officer
$227,565 $13,747 $241,312
RACHEL PATZER PhD MPH President & CEO 26.0
Officer
$0 $47,753 $506,947
MARJORIE RALLINS Executive Director, HDS 40.0
Key Emp
$227,095 $36,594 $263,689
ANTHONY FRENCH Director, IT Infrastructure and Information Security Officer 40.0
Highest
$149,152 $10,855 $160,007
DAVID TAYLOR Systems Engineer 40.0
Highest
$150,801 $16,460 $167,261
EZA HAFEZA Director of Terminology Services and Operations 40.0
Highest
$186,521 $30,848 $217,369
FAYE SMITH Director, Regenstrief Data Services Operations 40.0
Highest
$140,388 $26,684 $167,072
THOMAS FEENEY Database Administrator 40.0
Highest
$141,699 $45,728 $187,427
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
2025 $25,842,905 $27,355,934 $38,172,831 $-1,513,029
2024 $24,674,727 $27,964,931 $47,658,973 $-3,290,204
2023 $26,218,775 $27,941,801 $49,714,883 $-1,723,026
2022 $34,514,602 $23,705,009 $51,132,613 $10,809,593
2021 $25,322,976 $22,373,465 $44,058,559 $2,949,511
2020 $20,978,650 $23,447,203 $42,466,318 $-2,468,553
2019 $21,718,848 $23,132,397 $43,019,427 $-1,413,549
2018 $19,037,263 $20,657,884 $43,339,663 $-1,620,621
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