The Connecticut Healthcare Research & Education Foundation Incorp
- Assets
- $2.5m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Wallingford, CT
- Founding
- 07/1966
- Data as of
- 04/2022
- EIN
- 06-0890298
Organization Overview
The Connecticut Healthcare Research & Education Foundation Incorp is located in Wallingford, CT. The organization was established in 1966. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Connecticut Healthcare Research & Education Foundation Incorp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2022, Connecticut Healthcare Research & Education Foundation Incorp generated $2.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $2.2m during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION PROGRAMS AND RESEARCH TO FOSTER HEALTHCARE DELIVERY BY HOSPITAL AND HEALTHCARE ORGS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PATIENT SAFETY ORGANIZATION (PSO) - A PROGRAM WHICH ASSISTS 27 HOSPITALS IN IMPROVING PATIENT SAFETY THROUGH INFORMATION SHARING AND COLLABORATION.
EDUCATION PROGRAMS - 1,326 INDIVIDUALS ATTENDED 43 PROGRAMS CONDUCTED IN THE TOPIC AREAS OF LEADERSHIP, MANAGEMENT, POLICY, PATIENT SAFETY, QUALITY, ACCREDITATION, REGULATORY AND CODING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick A Charmel Vice Chairman | OfficerTrustee | 1 | $0 |
Christopher M O'connor Chairman | OfficerTrustee | 1 | $0 |
Vincent G Capece Treasurer | OfficerTrustee | 1 | $0 |
John M Murphy MD Immediate Past Chairman | OfficerTrustee | 1 | $0 |
Jeffrey A Flaks Secretary | OfficerTrustee | 1 | $0 |
Jennifer Jackson President And CEO | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Press Ganey Associates Inc Healthcare Performance Analytics And Strategic Advisory Solutions | 4/29/18 | $433,461 |
Wb Mason Co Inc Supplies Provision Services | 4/29/18 | $334,080 |
Seal-tite Products Inc Roof Manufacture And Installation Services | 4/29/18 | $276,322 |
Yves Ouellette Contractor Contracting Services | 4/29/18 | $268,457 |
Emcor Services New England Mechanical Mechanical And Electrical Construction Services | 4/29/18 | $170,482 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,146,804 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $346,039 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,492,843 |
| Total Program Service Revenue | $748,555 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,254,090 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $317,582 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $395,791 |
| Pension plan accruals and contributions | $26,029 |
| Other employee benefits | $73,286 |
| Payroll taxes | $45,472 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $26,571 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $437,240 |
| Advertising and promotion | $0 |
| Office expenses | $4,340 |
| Information technology | $291,593 |
| Royalties | $0 |
| Occupancy | $20,476 |
| Travel | $2,790 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,035 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,198 |
| Insurance | $0 |
| All other expenses | $147 |
| Total functional expenses | $2,176,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $102,629 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $20,828 |
| Net Land, buildings, and equipment | $2,404,753 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,528,210 |
| Accounts payable and accrued expenses | $131,779 |
| Grants payable | $0 |
| Deferred revenue | $231,533 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $363,312 |
| Net assets without donor restrictions | $2,164,898 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,528,210 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Connecticut Healthcare Research & Education Foundation Incorp has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Connecticut Community Foundation Inc Waterbury, CT PURPOSE: NASCENT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rhode Island Hospital Foundation Providence, RI | $69,328,658 | $16,409,972 |
Alliance Health Of Quincy Inc Southborough, MA | $18,309,564 | $19,847,469 |
New York State Health Foundation New York, NY | $362,119,820 | $12,287,243 |
Hospital For Special Surgery Fund Inc New York, NY | $132,917,931 | $24,476,361 |
The Childrens Hospital Of Buffalo Foundation Buffalo, NY | $94,191,581 | $13,115,103 |
The St Francis Hospital Foundation Inc Roslyn, NY | $262,392,526 | $17,931,065 |
International Union Operating Engineers Johnston, RI | $24,623,216 | $15,388,250 |
Danbury Hospital & New Milford Hospital Foundation Inc Danbury, CT | $175,854,316 | $24,324,982 |
New York And Presbyterian Hospitals Healthcare System Inc New York, NY | $3,724,021 | $13,051,406 |
Connecticut Childrens Foundation Inc Hartford, CT | $208,742,176 | $23,151,101 |
Umh Jgj Corp Binghamton, NY | $8,297,454 | $12,939,554 |
Kaleida Health Foundation Buffalo, NY | $51,635,674 | $6,911,970 |