COLLEGE OF HEALTHCARE INFORMATION … - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Phone

7346650000

Tax Period

2023-10-01 to 2024-09-30

COLLEGE OF HEALTHCARE INFORMATION MANAGEMENT EXECUTIVES FOUNDATION, founded in 1994, is a community nonprofit that reported $8.1M in total revenue in fiscal year 2023. Expenses of $7.2M left a modest 11% surplus.

Mission

THE ORGANIZATION SERVES THE PROFESSIONAL DEVELOPMENT NEEDS OF HEALTHCARE I.T. EXECUTIVES AND STRIVES TO IMPROVE THE OVERALL COST EFFICIENCY OF THE HEALTHCARE INDUSTRY AS A WHOLE.

Program Service Accomplishments

Program 1

The CHIME Foundation was established with a dual purpose: to facilitate the meaningful exchange of information and ideas between healthcare CIOs and industry-leaders and to provide essential funding that supports CHIME's services and member benefits. Through these efforts, the Foundation plays a vital role in advancing CHIME's broader mission-to empower healthcare CIOs and drive innovation across the healthcare IT industry. This is achieved by actively supporting, developing, funding, and implementing impactful programs that address the evolving needs of healthcare leadership and technology.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $8,033,674

Investment Income $51,463

Other Revenue $696

TOTAL REVENUE $8,085,833

Expense Breakdown

Grants Paid $3,910,000

Salaries & Benefits $2,795,268

Fundraising Expenses $0

Program Expenses $0

Other Expenses $492,639

TOTAL EXPENSES $7,197,907

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,085,833	$7,918,516	+0.0%
Expenses	$7,197,907	$7,041,366	+0.0%
Net Income	$887,926	$877,150	+0.0%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

100

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

$1,982,187

Total Directors

$981,748

Key Employees

$364,727

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Aaron Miri	Secretary	3.0	Officer Director	$0	$0	$6,500
Russell Branzell	President & CEO	8.0	Officer Director	$0	$94,461	$970,248
Scott Maclean	Chair	3.0	Officer Director	$0	$0	$0
Ajay Kapare	Trustee	2.0	Director	$0	$0	$0
Andrea Daugherty	Trustee	2.0	Director	$0	$0	$0
Carter Groome	Trustee	2.0	Director	$0	$0	$0
Daniel Nigrin	Trustee - (Term End 12/31)	2.0	Director	$0	$0	$0
George Hickman	Trustee - (Term End 12/31)	2.0	Director	$0	$0	$0
Helen Waters	Trustee	2.0	Director	$0	$0	$0
John Kravitz	Trustee	2.0	Director	$0	$0	$0
Rusty Yeager	Trustee - (Term End 12/31)	2.0	Director	$0	$0	$0
Sarah Richardson	Trustee - (Term End 12/31)	2.0	Director	$0	$0	$5,000
Sean Kelly	Trustee	2.0	Director	$0	$0	$0
Tanya Townsend	Trustee	2.0	Director	$0	$0	$0
Zane Burke	Trustee	2.0	Director	$0	$0	$0
Edwin Czopek	EVP & CFO	5.0	Officer	$0	$41,935	$401,780
Keith Fraidenburg	EVP & COO	10.0	Officer	$0	$56,071	$603,659
Barbara Sivek	EVP & CCO	40.0	Key Emp	$323,147	$41,580	$364,727
Caitlin Kelly	Sr. Director, Business Development	40.0	Highest	$206,415	$689	$207,104
David Finn	VP, AHEIS, AEHIT, AEHIA	40.0	Highest	$217,888	$13,212	$231,100
Jane Bogue	Vice President & Chief Revenue Officer	40.0	Highest	$260,649	$13,839	$274,488
Lorren Pettit	Sr, Director, Digital Health Analytics	40.0	Highest	$191,487	$2,779	$194,266
Michelle Patterson	VP Member Relations & Foundation	40.0	Highest	$151,918	$2,007	$153,925

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	$8,085,833	$7,197,907	$11,960,979	$887,926
2023	$7,918,516	$7,041,366	$9,799,560	$877,150
2022	$7,293,364	$5,151,839	$8,975,896	$2,141,525
2021	$6,031,659	$4,927,135	$6,041,405	$1,104,524
2020	$6,059,224	$7,199,917	$4,780,874	$-1,140,693

COLLEGE OF HEALTHCARE INFORMATION MANAGEMENT EXECUTIVES FOUNDATION