NATIONAL INSTITUTE FOR HEALTH CARE MGMT RESEARCH & EDUCATIONAL FOUNDATION

EIN: 522102558 501(c)(3) Health Care

WASHINGTON, DC

Total Revenue
$2,653,332
Total Expenses
$2,928,603
Total Assets
$9,064,944
Net Assets
$8,506,145
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
DC
Principal Officer
AVIK ROY
Phone
2022964426
Tax Period
2023-01-01 to 2023-12-31

NATIONAL INSTITUTE FOR HEALTH CARE MGMT RESEARCH & EDUCATIONAL FOUNDATION, founded in 1998, is a community nonprofit in the Health Care sector that reported $2.7M in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $2.9M exceeded revenue, resulting in a 10% operating deficit.

Mission

THE FOUNDATION'S PURPOSE IS TO CONDUCT RESEARCH, HOLD EDUCATIONAL FORUMS & DISCUSSION GROUPS AND DISTRIBUTE EDUCATIONAL MATERIALS TO THE PUBLIC ON EFFECTIVE AND INNOVATIVE PRACTICES IN HEALTH CARE MANAGEMENT IN AN EFFORT TO IMPROVE THE EFFICIENCY AND REDUCE THE COST OF HEALTH CARE IN THE UNITED STATES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,398,000
Program Service Revenue $0
Investment Income $252,826
Other Revenue $2,506
TOTAL REVENUE $2,653,332

Expense Breakdown

Grants Paid $958,745
Salaries & Benefits $1,331,866
Fundraising Expenses $0
Program Expenses $2,499,901
Other Expenses $637,992
TOTAL EXPENSES $2,928,603

Year-over-Year Comparison

2023 2022 Change
Revenue $2,653,332 $3,373,173 -0.2%
Expenses $2,928,603 $2,819,475 +0.0%
Net Income $-275,271 $553,698 -1.5%
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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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
17
Independent Members
16
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
3
$297,781
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAURICE SMITH DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL MIZEUR DIRECTOR 2.00
Director
$0 $0 $0
PAM KEHALY DIRECTOR 2.00
Director
$0 $0 $0
CORY HARRIS VICE CHAIRMAN 2.00
Director
$0 $0 $0
JD HICKEY MD DIRECTOR 2.00
Officer Director
$0 $0 $0
SARAH ISELIN DIRECTOR 2.00
Director
$0 $0 $0
GARY ST HILAIRE CHAIRMAN 2.00
Director
$0 $0 $0
TUNDE SOTUNDE MD DIRECTOR 2.00
Director
$0 $0 $0
PATRICK GERAHGTY DIRECTOR 2.00
Director
$0 $0 $0
JEFF ROE DIRECTOR 2.00
Director
$0 $0 $0
CURTIS BARNETT CHAIRMAN 2.00
Officer Director
$0 $0 $0
GREGORY DEAVENS DIRECTOR 2.00
Director
$0 $0 $0
BRYAN CAMERLINCK DIRECTOR 2.00
Director
$0 $0 $0
W DAVID HELMS PHD DIRECTOR 2.00
Director
$0 $0 $0
DANIEL J LOEPP DIRECTOR 2.00
Director
$0 $0 $0
GAIL BOUDREAUX DIRECTOR 2.00
Director
$0 $0 $0
NANCY CHOCKLEY PRESIDENT & CEO 15.00
Officer
$0 $29,005 $297,781
SHEREE CRUTE DIRECTOR OF COMMUNICATIONS 33.00
Highest
$119,033 $43,676 $162,709
CAITLIN ELLIS DIRECTOR OF RESEARCH PRGMS 39.00
Highest
$170,000 $41,675 $211,675
KATHRYN SANTORO PROGRAM DIRECTOR 34.00
Highest
$0 $65,374 $259,710
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 $2,653,332 $2,928,603 $9,064,944 $-275,271
2022 $3,373,173 $2,819,475 $8,278,539 $553,698
2021 $2,141,387 $2,964,298 $9,490,536 $-822,911
2020 $2,230,688 $2,860,229 $9,222,179 $-629,541
2019 $2,267,209 $2,689,522 $8,690,663 $-422,313
2018 $2,250,124 $2,495,977 $8,463,258 $-245,853
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