FOUNDATION FOR HEALTH CARE QUALITY

EIN: 911419327 501(c)(3) Health Care

SEATTLE, WA

Total Revenue
$2,819,476
Total Expenses
$2,158,256
Total Assets
$1,674,921
Net Assets
$1,596,632
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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
WA
Principal Officer
VIRGINIA WEIR
Phone
2062047377
Tax Period
2023-01-01 to 2023-12-31

FOUNDATION FOR HEALTH CARE QUALITY, founded in 1988, is a community nonprofit in the Health Care sector that reported $2.8M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $661K, a strong 23% operating margin.

Mission

THE FOUNDATION WAS FOUNDED IN 1988 TO SERVE AS A TRUSTED CONVENER TO DRIVE COLLECTIVE ACTION ON HIGH-PRIORITY HEALTH CARE TOPICS. THE FOUNDATION IS CURRENTLY HOME TO PROGRAMS AND INITIATIVES FOCUSED ON MEANINGFUL CHART-ABSTRACTED CLINICAL DATA, DEVELOPING CONSENSUS GUIDELINES, AND IMPROVING THE QUALITY OF HEALTH CARE DELIVERY, PAYMENT, AND EXPERIENCE.

Program Service Accomplishments

Program 1
Expenses: $523,785 Revenue: $628,964

THE BREE COLLABORATIVE IS A PUBLIC/PRIVATE GROUP OF GOVERNOR-APPOINTED MEMBERS WHO SELECT HEALTH CARE SERVICES ANNUALLY WITH HIGH VARIATION, POOR OUTCOMES, OR A SAFETY OR AN EQUITY ISSUE TO DEVELOP...

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THE BREE COLLABORATIVE IS A PUBLIC/PRIVATE GROUP OF GOVERNOR-APPOINTED MEMBERS WHO SELECT HEALTH CARE SERVICES ANNUALLY WITH HIGH VARIATION, POOR OUTCOMES, OR A SAFETY OR AN EQUITY ISSUE TO DEVELOP BEST-PRACTICE, EVIDENCE-INFORMED GUIDELINES. GUIDELINES ARE USED BY THE PUBLIC AND PRIVATE SECTORS FOR HEALTH CARE PURCHASING, DELIVERY, AND REGULATION.

Program 2
Expenses: $457,956 Revenue: $770,079

THE CARDIAC CARE OUTCOMES ASSESSMENT PROGRAM (COAP) IS A REGIONAL QUALITY IMPROVEMENT PROGRAM USING CLINICAL DATA FROM ALL CARDIAC SURGERIES AND PERCUTANEOUS INTERVENTIONS PERFORMED IN WASHINGTON...

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THE CARDIAC CARE OUTCOMES ASSESSMENT PROGRAM (COAP) IS A REGIONAL QUALITY IMPROVEMENT PROGRAM USING CLINICAL DATA FROM ALL CARDIAC SURGERIES AND PERCUTANEOUS INTERVENTIONS PERFORMED IN WASHINGTON STATE TO MEASURE QUALITY AND IDENTIFY AND DRIVE BEST PRACTICE. COAP SERVES 32 HOSPITALS, 16 OF WHICH PERFORM BOTH PCI AND CARDIAC SURGERY, 16 THAT PERFORM PCI ONLY. ASSESSMENT OF THIS DATA INFORMED BENCHMARKING, REPORTING, PERFORMANCE AWARDS AND QUARTERLY WEBINARS SHARING DATA AND BEST PRACTICE.

Program 3
Expenses: $321,826 Revenue: $150,423

THE SURGICAL CARE OUTCOMES ASSESSMENT PROGRAM (SCOAP) IS AN ENGAGED COMMUNITY OF CLINICIANS WORKING TO BUILD SAFER, HIGHER QUALITY, AND MORE COST-EFFECTIVE SURGICAL CARE. THE COLLABORATIVE PROMOTES...

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THE SURGICAL CARE OUTCOMES ASSESSMENT PROGRAM (SCOAP) IS AN ENGAGED COMMUNITY OF CLINICIANS WORKING TO BUILD SAFER, HIGHER QUALITY, AND MORE COST-EFFECTIVE SURGICAL CARE. THE COLLABORATIVE PROMOTES DATA-DRIVEN QUALITY IMPROVEMENT ACTIVITIES IN HOSPITALS PERFORMING GENERAL SURGERY - BARIATRICS, COLORECTAL, SMALL BOWEL OBSTRUCTION AND APPENDECTOMIES - ACROSS THE PACIFIC NORTHWEST.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $289,564
Program Service Revenue $2,528,207
Investment Income $1,374
Other Revenue $331
TOTAL REVENUE $2,819,476

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,098,222
Fundraising Expenses $0
Program Expenses $1,834,193
Other Expenses $1,060,034
TOTAL EXPENSES $2,158,256

Year-over-Year Comparison

2023 2022 Change
Revenue $2,819,476 $2,318,372 +0.2%
Expenses $2,158,256 $1,890,758 +0.1%
Net Income $661,220 $427,614 +0.5%
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
15
Independent Members
15
Employees
10
Volunteers
50

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
$173,149
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD RUBIN CHAIR 1.00
Officer Director
$0 $0 $0
STEVE LOVELL TREASURER 1.00
Officer Director
$0 $0 $0
LUANN CHEN BOARD MEMBER 1.00
Director
$0 $0 $0
JAC DAVIES BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD GOSS BOARD MEMBER 1.00
Director
$0 $0 $0
DANIEL KENT BOARD MEMBER 1.00
Director
$0 $0 $0
ASHOK REDDY BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELE RITALA BOARD MEMBER 1.00
Director
$0 $0 $0
JONATHAN SEIB BOARD MEMBER 1.00
Director
$0 $0 $0
SHAWN WEST BOARD MEMBER 1.00
Director
$0 $0 $0
JOSEPHINE YOUNG BOARD MEMBER 1.00
Director
$0 $0 $0
KRISTIN PETERSON BOARD MEMBER 1.00
Director
$0 $0 $0
PEGGY EVENS BOARD MEMBER 1.00
Director
$0 $0 $0
HEATHER MARTIN BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTOPHER CHEN BOARD MEMBER 1.00
Director
$0 $0 $0
JIM FREEBURG BOARD MEMBER 1.00
Director
$0 $0 $0
VIRGINIA WEIR CEO 40.00
Officer
$160,780 $12,369 $173,149
JEANNIE COLLINS-BRANDON PROGRAM DIRECTOR 40.00
Highest
$106,722 $4,239 $110,961
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 $2,819,476 $2,158,256 $1,674,921 $661,220
2023 $2,474,157 $2,216,302 $1,551,745 $257,855
2022 $2,318,372 $1,890,758 $1,017,305 $427,614
2021 $2,179,869 $1,866,500 $598,528 $313,369
2020 $2,138,783 $2,140,592 $565,451 $-1,809
2019 $1,991,618 $2,138,318 $340,739 $-146,700
2018 $2,293,746 $2,276,975 $417,530 $16,771
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