ALTAIR ACO

EIN: 873063996 501(c)(3) Health Care

ST PAUL, MN

Total Revenue
$740,576
Total Expenses
$708,938
Total Assets
$403,085
Net Assets
$157,337
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
MN
Principal Officer
GEORGE KLAUSER
Phone
6512872590
Tax Period
2025-01-01 to 2025-12-31

ALTAIR ACO, founded in 2021, is a small nonprofit in the Health Care sector that reported $741K in total revenue in fiscal year 2025. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $709K left a modest 4% surplus.

Mission

ALTAIR ACO'S CHARITABLE MISSION IS ACCOMPLISHED WHEN ITS MEMBERS IMPROVE THEIR SERVICES TO PERSONS WITH DISABILITIES. ALTAIR ACO'S MEMBERS WORK TOGETHER TO CREATE NEW AND INNOVATIVE MODELS FOR SERVING PERSONS WITH DISABILITIES.

Program Service Accomplishments

Program 1
Expenses: $419,240 Revenue: $740,576

BEGINNING WITH SIX ORGANIZATIONS FOCUSED ON PEOPLE WITH INTELLECTUAL AND/OR DEVELOPMENTAL DISABILITIES (I/DD), ALTAIR WAS INCORPORATED AS A NON-PROFIT WITH 14 MEMBERS IN JANUARY 2022. ALTAIR ACO...

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BEGINNING WITH SIX ORGANIZATIONS FOCUSED ON PEOPLE WITH INTELLECTUAL AND/OR DEVELOPMENTAL DISABILITIES (I/DD), ALTAIR WAS INCORPORATED AS A NON-PROFIT WITH 14 MEMBERS IN JANUARY 2022. ALTAIR ACO REACHES 35% OF ALL INDIVIDUALS IN THE STATE ON WAIVERED SERVICES AND SUPPORTS OVER 20,000 INDIVIDUALS WITH DISABILITIES STATEWIDE IN MINNESOTA. IN ADDITION TO THE COMBINED 950 YEARS OF EXPERIENCE THAT ALTAIR MEMBERS HAVE SERVING PEOPLE WITH INTELLECTUAL AND/OR DEVELOPMENTAL DISABILITIES (I/DD), ALTAIR AS AN ENTITY HAS TEN YEARS OF EXPERIENCE INNOVATING NEW MODELS OF SERVICE TO HELP THE PEOPLE WE SERVE LIVE AS INDEPENDENTLY AS POSSIBLE.ALTAIR ALIGNS HEALTH AND SOCIAL SERVICES BY SERVING AS A COORDINATING MECHANISM RESPONSIBLE FOR MANAGING COLLABORATION ACROSS ORGANIZATIONS AND SERVICES FOR PEOPLE WITH DISABILITIES, CREATES QUALITY MEASUREMENT AND DATA-SHARING TOOLS TO TRACK OUTCOMES AND EXCHANGE INFORMATION, AND FINALLY IT INCORPORATES NEW PAYMENT AND FINANCING METHODS. THE STATE OF MN (DHS) SITS AT THE TABLE WITH ALTAIR AS WE DEVELOP VALUE-BASED MODELS THAT WILL BRING NEW REVENUES TO PROVIDERS AND ADVANTAGES FOR EXPANDING PERSON CENTERED DELIVERY SYSTEMS WITHIN THE NEW WAIVER REIMAGINE PROGRAMS. ALTAIR HAS EMBEDDED PHARMACY MTM PRACTICES INTO OUR BASELINE PRACTICES, NEGOTIATED PER MEMBER/PER MONTH CONTRACTS WITH HEALTH ENTITIES RESULTING IN PAYMENTS DIRECTLY TO OUR MEMBERS/PROVIDERS PROJECTED TO BE $2M IN 2023 AND $5M PROJECT TO DATE.

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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 (2025)

Revenue Breakdown

Contributions & Grants $665,000
Program Service Revenue $75,576
Investment Income $0
Other Revenue $0
TOTAL REVENUE $740,576

Expense Breakdown

Grants Paid $0
Salaries & Benefits $488,482
Fundraising Expenses $0
Program Expenses $419,240
Other Expenses $220,456
TOTAL EXPENSES $708,938

Year-over-Year Comparison

2025 2024 Change
Revenue $740,576 $628,136 +0.2%
Expenses $708,938 $660,470 +0.1%
Net Income $31,638 $-32,334 -2.0%
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
18
Independent Members
17
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
5
$269,076
Total Directors
17
$269,076
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGE KLAUSER CEO 40.00
Officer Director
$0 $52,350 $269,076
JASON WACHTL CHAIR 2.00
Officer Director
$0 $0 $0
CONNIE MENNE MEMBER 2.00
Director
$0 $0 $0
TOM GILLESPIE TREASURER 2.00
Officer Director
$0 $0 $0
RITA WIERSMA MEMBER 2.00
Director
$0 $0 $0
JOHN ESTREM MEMBER 2.00
Director
$0 $0 $0
KARIN STOCKWELL MEMBER 2.00
Director
$0 $0 $0
RAJIV PATEL MEMBER 2.00
Director
$0 $0 $0
DIANE CROSS MEMBER 2.00
Director
$0 $0 $0
BARBARA JOERS MEMBER 2.00
Director
$0 $0 $0
JON NELSON VICE CHAIR 2.00
Officer Director
$0 $0 $0
STACY ROE MEMBER 2.00
Director
$0 $0 $0
MICHAEL HELGESON MEMBER 2.00
Director
$0 $0 $0
DANIELLE FOX SECRETARY 2.00
Officer Director
$0 $0 $0
PATRICK THUESON MEMBER 2.00
Director
$0 $0 $0
DARLENE SCOTT MEMBER 2.00
Director
$0 $0 $0
SHANNON BOCK MEMBER 2.00
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
2025 $740,576 $708,938 $403,085 $31,638
2024 $628,136 $660,470 $320,096 $-32,334
2023 $598,546 $610,673 $305,643 $-12,127
2022 $741,980 $571,820 $313,917 $170,160
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