Health Enhancement Research Organization Inc

EIN: 631141480 501(c)(3) Medical Research

Raleigh, NC

Total Revenue
$984,460
Total Expenses
$1,009,309
Total Assets
$205,898
Net Assets
$-7,988
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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
AL
Principal Officer
Karen Moseley
Phone
9528354257
Tax Period
2023-01-01 to 2023-12-31

Health Enhancement Research Organization Inc, founded in 1996, is a small nonprofit in the Medical Research sector that reported $984K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

Create and disseminate employee health management research, policy, leadership and infrastructure which advance the principles, science and practice of employee health management.

Program Service Accomplishments

Program 1
Expenses: $679,421 Revenue: $658,842

HERO's activities are as follows:Think Tank members meet in February, May/June and in the Fall preceding the annual HERO Forum. Originally formed to seek answers to rising health care costs for...

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HERO's activities are as follows:Think Tank members meet in February, May/June and in the Fall preceding the annual HERO Forum. Originally formed to seek answers to rising health care costs for companies, the Think Tank has continued its work in 2023 to also study Total Worker Health and the integregation of well-being and safety, the introduction of Lifestyle as Medicine as a model for improving employee health (a grant funded by Ardmore Institute of Health), the connection between brain health (cognitive resilience) and business performance, and how companies can integrate well-being into their social responsibility initiatives.HERO committees, comprised of Think Tank member company employees, aredeveloping guidance for employers in areas that include workforce mental health and well-being and the multi-dimensional strategies that serve to develop and support an organization's people and culture. The annual HERO Forum brings together industry thought leaders and business executives to share best practices, discuss innovation and research in the field, and build networks that support new partnerships and collaborations. In addition, HERO provides 1-2 complimentary webinars monthly for HERO members and the employer marketplace on topics of interest related to workplace health and well-being.The HERO Scorecard is a free, online tool that employers can use to benchmark their health and well-being efforts against a national database of all employers that have completed a Scorecard response. Companies also receive subscores for mental health, DEI, and social determinants of health. The Scorecard database includes large, midsize and small employers. Companies can purchase benchmark reports to compare against other organizations by size, region, and industry. For an annual license fee, HERO also offers the Scorecard Preferred Provider Program for organizations (e.g., benefits consultants, well-being vendors) that wish to receive regular reports on their clients' data. The HERO Scorecard in available in a U.S. version. The International version was updated in 2022, and is also available in Spanish, French, Italian, Dutch, Portuguese and Turkish translations.In 2022, HERO was awarded a sole-source contract from NIOSH through the Department of Health and Human Services to develop an open-source data clearinghouse for the NIOSH Worker Well-being Questionnaire (WellBQ). Upon completion of this project, researchers will have access to employee-level data that could inform future research studies on employee health, well-being and safety and the organizational best practices that support a healthy work environment. Employers will have the capability to easily administer the online survey to employees and will receive a de-identified summary report of the data.HERO connects science and practice for employers and updates the research agenda annually to reflect areas of importance to demonstrate the value of a health and well-being employer ecosystem. When approved by HERO's research leadership, HERO will designate research funds to support a study to add to the evidence for health and well-being. In December 2023 in the American Journal of Health Promotion, HERO published a study of 66 mental health assessments for employers to understand the mental health status if their workforce.

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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 $325,454
Program Service Revenue $658,842
Investment Income $164
Other Revenue $0
TOTAL REVENUE $984,460

Expense Breakdown

Grants Paid $0
Salaries & Benefits $436,645
Fundraising Expenses $199,492
Program Expenses $679,421
Other Expenses $572,664
TOTAL EXPENSES $1,009,309

Year-over-Year Comparison

2023 2022 Change
Revenue $984,460 $832,221 +0.2%
Expenses $1,009,309 $1,044,457 0.0%
Net Income $-24,849 $-212,236 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
12
Employees
7
Volunteers
230

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
$118,960
Total Directors
13
$118,960
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Karen Moseley President 40.00
Officer Director
$113,012 $5,948 $118,960
Ryan Sledge Treasurer 1.00
Officer Director
$0 $0 $0
Stephen Noeldner Director 1.00
Director
$0 $0 $0
Anita Shaughnessy Past Chair 1.00
Officer Director
$0 $0 $0
Joni Troester Chair 1.00
Officer Director
$0 $0 $0
Marleece Estella Director 1.00
Director
$0 $0 $0
Gerardo Durand Director 1.00
Director
$0 $0 $0
Maggie Biscarr Director 1.00
Director
$0 $0 $0
Tami Simon Secretary 1.00
Officer Director
$0 $0 $0
Dexter Shurney Vice Chair 1.00
Officer Director
$0 $0 $0
Nico Pronk Director 1.00
Director
$0 $0 $0
Krystal Sexton Director 1.00
Director
$0 $0 $0
Janis Davis-Street Director 1.00
Director
$0 $0 $0
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 $984,460 $1,009,309 $205,898 $-24,849
2022 $832,221 $1,044,457 $198,322 $-212,236
2021 $794,950 $725,839 $496,175 $69,111
2020 $814,951 $879,171 $351,406 $-64,220
2019 $1,044,772 $1,238,417 $446,982 $-193,645
2018 $1,049,030 $1,304,292 $630,383 $-255,262
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