CareQuest Institute for Oral Healt… - 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

2016

Legal Domicile

Phone

6178861000

Tax Period

2024-01-01 to 2024-12-31

CareQuest Institute for Oral Health Inc, founded in 2016, is a major nonprofit in the Health Care sector that reported $297.9M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $255.2M, a strong 86% operating margin.

Mission

TO IMPROVE THE ORAL HEALTH OF ALL.

Program Service Accomplishments

Program 1

Expenses: $24,484,143 Revenue: $4,503,745

CAREQUEST INSTITUTE FOR ORAL HEALTH, INC. [FORMERLY CATALYST INSTITUTE,INC.] IS A MASSACHUSETTS NOT-FOR-PROFIT WITH A MISSION TO IMPROVE THE ORAL HEALTH OF ALL AND A VISION TO ACHIEVE PERSON-CENTERED HEALTH BY TRANSFORMING THE SYSTEMS OF POLICY, FINANCE, CARE, AND COMMUNITY. CAREQUEST INSTITUTE FOR ORAL HEALTH, INC. AND ITS SUBSIDIARIES' ACTIVITES INCLUDE, BUT ARE NOT LIMITED TO, SECURING DENTAL SERVICES FOR EMPLOYEE GROUPS, INDIVIDUALS AND THEIR FAMILIES; INCLUDING THE SAFETY NET POPULATIONS THROUGH MEDICARE, MEDICARE ADVANTAGE AND CHIP PROGRAMS; PROVIDING INNOVATIVE PRODUCTS AND SERVICES; FINANCE AND DEVELOP PROFESSIONAL AND SCIENTIFIC STUDY AND RESEARCH; AND EDUCATE THE PUBLIC CONCERNING THE IMPORTANCE OF ORAL HEALTH.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $4,503,745

Investment Income $293,416,115

Other Revenue $0

TOTAL REVENUE $297,919,860

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,511,481

Fundraising Expenses $0

Program Expenses $24,484,143

Other Expenses $20,214,585

TOTAL EXPENSES $42,726,066

Year-over-Year Comparison

	2024	2023	Change
Revenue	$297,919,860	$275,188,868	+0.1%
Expenses	$42,726,066	$39,594,963	+0.1%
Net Income	$255,193,794	$235,593,905	+0.1%

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

129

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

$4,334,915

Total Directors

$1,064,166

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Pamela DA Reeve	President [9/26/2024 - 12/31/2024] /Chair/Director	35.0	Officer Director	$163,855	$0	$163,855
Andrew C Agwunobi MD	Director	2.7	Director	$113,617	$0	$113,617
Evelyn H Miller	Director	2.2	Director	$119,574	$0	$119,574
Jessica A Zeaske	DIRECTOR	3.2	Director	$108,024	$0	$108,024
Kathleen V Betts	DIRECTOR	3.2	Director	$113,561	$0	$113,561
Robert J Weyant DMD	Director	1.1	Director	$114,120	$0	$114,120
Roderick K King MD	Director	1.5	Director	$114,647	$0	$114,647
Todd W Marshall DDS	Director	1.2	Director	$108,647	$0	$108,647
William C Mills III	Director	1.3	Director	$108,121	$0	$108,121
Denise Marks	Treasurer	35.0	Officer	$625,584	$62,202	$687,786
Gregory P Winn	Assistant Treasurer	35.0	Officer	$379,191	$61,804	$440,995
Myechia Minter-Jordan MD MBA	President [1/1/2024 - 7/20/2024]	35.0	Officer	$2,419,674	$39,962	$2,459,636
Patricia Ma	Clerk	35.0	Officer	$566,634	$16,009	$582,643
ERIK MONTLACK	President - Delta Dental of Massachusetts	5.0	Highest	$0	$50,001	$1,020,626
Kirill Zaydeman	VP, Product Strategy & Transformation - Delta Dental of Massachusetts	5.0	Highest	$0	$40,072	$497,586
Leslie Carver	Chief Operating Officer, EVP	35.0	Highest	$471,517	$62,202	$533,719
Maria Angela Wilkins	VP, Underwriting & Data Analytics - Delta Dental of Massachusetts	5.0	Highest	$0	$16,657	$486,241
Mark Fecteau	VP, Sales & Marketing - Delta Dental of Massachusetts	5.0	Highest	$0	$63,788	$482,815

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	$297,919,860	$42,726,066	$2,601,509,658	$255,193,794
2023	$275,188,868	$39,594,963	$2,347,393,663	$235,593,905
2022	$1,200,710,162	$44,746,411	$2,093,713,542	$1,155,963,751
2021	$52,496,525	$38,960,217	$933,932,322	$13,536,308
2020	$30,656,430	$29,238,970	$819,224,989	$1,417,460
2019	$5,227,178	$15,673,556	$739,147,696	$-10,446,378
2018	$246,528	$10,700,427	$671,580,593	$-10,453,899

CareQuest Institute for Oral Health Inc