INSTITUTE FOR HEALTH EQUITY RESEARCH EVALUATION AND POLICY

EIN: 883171072 501(c)(3) Medical Research

BOSTON, MA

Total Revenue
$5,587,155
Total Expenses
$170,375
Total Assets
$5,416,780
Net Assets
$5,416,780
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
MA
Principal Officer
MICHAEL CURRY
Phone
8778295500
Tax Period
2022-07-01 to 2023-06-30

INSTITUTE FOR HEALTH EQUITY RESEARCH EVALUATION AND POLICY, founded in 2022, is a community nonprofit in the Medical Research sector that reported $5.6M in total revenue in fiscal year 2022. The organization ran a surplus of $5.4M, a strong 97% operating margin.

Mission

TO ALLOW COMMUNITY HEALTH CENTERS TO ENGAGE IN COMMUNITY-BASED, EMANCIPATORY RESEARCH AND EVALUATION TO INFORM HEALTH, HEALTH CARE AND PUBLIC POLICY IN ORDER TO ACHIEVE HEALTH EQUITY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $5,587,155
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $5,587,155

Expense Breakdown

Grants Paid $0
Salaries & Benefits $56,502
Fundraising Expenses $0
Program Expenses $170,375
Other Expenses $113,873
TOTAL EXPENSES $170,375

Year-over-Year Comparison

2022 2021 Change
Revenue $5,587,155 N/A N/A
Expenses $170,375 N/A N/A
Net Income $5,416,780 $0 N/A
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

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

Financial Distress Indicator

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
14
Independent Members
14
Employees
N/A
Volunteers
14

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
$1,104,575
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH BROWNE BOARD CHAIR 1.00
Director
$0 $0 $0
KAREN GARDNER 1ST VICE CHAIR 1.00
Director
$0 $0 $0
GUALE VALDEZ 2ND VICE CHAIR 1.00
Director
$0 $0 $0
TANIA BARBER TREASURER 1.00
Director
$0 $0 $0
WILLIAM HALPIN SECRETARY 1.00
Director
$0 $0 $0
SUSAN JOSS IMMEDIATE PAST CHAIR 1.00
Director
$0 $0 $0
STEPHEN KERRIGAN BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH HALE BOARD MEMBER 1.00
Director
$0 $0 $0
SUE WEST LEVINE BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELLE NADOW BOARD MEMBER 1.00
Director
$0 $0 $0
CYNTHIA SIERRA BOARD MEMBER 1.00
Director
$0 $0 $0
JAGDEEP TRIVEDI BOARD MEMBER 1.00
Director
$0 $0 $0
ALLISON VAN DER VELDON BOARD MEMBER 1.00
Director
$0 $0 $0
MARGARET BRENNAN BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL CURRY PRESIDENT & CEO 1.00
Officer
$0 $122,060 $583,690
CHERYL CLARK EXECUTIVE DIRECTOR SVP 35.00
Officer
$0 $0 $0
KEPLIN ALLWATERS GENERAL COUNSEL 1.00
Officer
$0 $27,024 $269,349
MARC BOURRASSA CHIEF FINANCIAL OFFICER 1.00
Officer
$0 $24,390 $251,536
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 No data No data No data No data
2024 No data No data No data No data
2023 $5,587,155 $170,375 $5,416,780 $5,416,780
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