Centering Healthcare Institute Inc
- Assets
- $16.6m
- Revenue
- $6.7m
- Investments
- $6.0m
- Employees
- 45
- Location
- Boston, MA
- Founding
- 11/2001
- Data as of
- 12/2023
- EIN
- 06-1622668
Organization Overview
Centering Healthcare Institute Inc is located in Boston, MA. The organization was established in 2001. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 12/2023, Centering Healthcare Institute Inc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centering Healthcare Institute Inc 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 12/2023, Centering Healthcare Institute Inc generated $6.7m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $7.3m during the year ending 12/2023. While expenses have increased by 13.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Centering Healthcare Institute Inc has awarded 47 individual grants totaling $654,155. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVING HEALTH, TRANSFORMING CARE & DISRUPTING INEQUITABLE SYSTEMS THROUGH THE CENTERING GROUP MODEL
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HAS DEVELOPED A FLEXIBLE IMPLEMENTATION SUPPORT AND TRAINING PLAN FOR CLINICAL PRACTICES DESIRING TO START OUR CENTERING MODEL OF GROUP CARE THAT INCLUDES: CONSULTING SUPPORT TO ESTABLISH SYSTEMS AND PROCESSES TO ENROLL PATIENTS, SCHEDULE AND MANAGE GROUP VISITS; TRAINING FOR CLINICAL STAFF TO FACILITATE CENTERING GROUPS TO HELP ENSURE OPTIMAL OUTCOMES FOR PATIENTS; TRAINING FOR BILLING AND CODING STAFF TO ENSURE FINANCIAL SUSTAINABILITY OF THE CENTERING PRACTICE; QUALITY ASSURANCE AND ACCREDITATION TO ENSURE THE ONGOING QUALITY, SUSTAINABILITY AND ADHERENCE TO THE EVIDENCE-BASED CENTERING CARE MODEL. IN 2023 AND 2022, CHI ENDED THE YEAR WITH APPROXIMATELY 473 CLIENT PRACTICE LOCATIONS INCLUDING 76 NEW PRACTICE LOCATIONS ADDED DURING THE YEAR; LAUNCHED 39 NEW IMPLEMENTATION SUPPORT PLANS; PROVIDED CONTINUING SUPPORT FOR 37 EXISTING PLANS THAT WERE STARTED IN 2021; TRAINED 638 CLINICAL STAFF IN FACILITATION TRAINING WORKSHOPS. IT IS ESTIMATED THAT CHI'S CLIENTS PROVIDED CARE TO APPROXIMATELY 40,000 BIRTHING PEOPLE AND PARENTS OF YOUNG CHILDREN.
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 |
|---|---|---|---|
Angelique Truesdale Chief Executive Office Until 6/2023 | OfficerTrustee | 40 | $177,404 |
Sharon Rising Cnm Msn Founder | OfficerTrustee | 5 | $0 |
Andrea Darby-Stewart MD Chair | OfficerTrustee | 12.5 | $0 |
Arianne Graham Vice Chair | OfficerTrustee | 5 | $0 |
Eva N Boyce Treasurer | OfficerTrustee | 5 | $0 |
Piia Hanson Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Health Management Associates Health Policy Consulting | 12/30/21 | $228,300 |
Candid Litho Printing Ltd Literature Production/shipping | 12/30/21 | $108,718 |
Ehr Evolution Inc Website Maintenance | 12/30/21 | $163,180 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,614,369 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,614,369 |
| Total Program Service Revenue | $1,559,426 |
| Investment income | $270,269 |
| 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 | $199,277 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,696,754 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,250 |
| 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. | $619,110 |
| Compensation of current officers, directors, key employees. | $281,455 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,587,432 |
| Pension plan accruals and contributions | $164,876 |
| Other employee benefits | $422,428 |
| Payroll taxes | $342,409 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,781 |
| Fees for services: Accounting | $70,631 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $5,951 |
| Fees for services: Investment Management | $14,891 |
| Fees for services: Other | $862,062 |
| Advertising and promotion | $80,726 |
| Office expenses | $22,021 |
| Information technology | $281,379 |
| Royalties | $0 |
| Occupancy | $11,199 |
| Travel | $149,086 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $104,638 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $49,199 |
| Insurance | $24,831 |
| All other expenses | $25,005 |
| Total functional expenses | $7,319,230 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $329,914 |
| Savings and temporary cash investments | $3,586,073 |
| Pledges and grants receivable | $5,545,520 |
| Accounts receivable, net | $58,699 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $120,627 |
| Prepaid expenses and deferred charges | $29,667 |
| Net Land, buildings, and equipment | $41,337 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $6,034,155 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $859,900 |
| Total assets | $16,605,892 |
| Accounts payable and accrued expenses | $471,199 |
| Grants payable | $0 |
| Deferred revenue | $2,498,073 |
| 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 | $2,969,272 |
| Net assets without donor restrictions | $6,942,244 |
| Net assets with donor restrictions | $6,694,376 |
| 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 | $16,605,892 |
Grants Awarded
Over the last fiscal year, Centering Healthcare Institute Inc has awarded $328,846 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ALLEGHENY HEALTH NETWORK WEST PENN PURPOSE: CONTINUE GROUP CARE | $23,750 |
BESSIE MAE WOMEN & FAMILY HEALTH CENTER PURPOSE: CONTINUE GROUP CARE | $15,568 |
CIRCLE HEALTH SERVICES PURPOSE: CONTINUE GROUP CARE | $25,550 |
COOPERMAN BARNABAS MEDICAL CENTER (RWJ ST BARNABAS) PURPOSE: CONTINUE GROUP CARE | $9,645 |
ESPERANZA BRIGHTON PARK HCSC PURPOSE: CONTINUE GROUP CARE | $18,797 |
ESPERANZA LITTLE VILLAGE HCSC PURPOSE: CONTINUE GROUP CARE | $8,827 |