New York Ehealth Collaborative Inc
- Assets
- $69.1m
- Revenue
- $86.0m
- Investments
- $0.0
- Employees
- 66
- Location
- Albany, NY
- Founding
- 03/2008
- Data as of
- 03/2023
- EIN
- 20-8022336
Organization Overview
New York Ehealth Collaborative Inc is located in Albany, NY. The organization was established in 2008. According to its NTEE Classification (E05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Health Care and related organizations. As of 03/2023, New York Ehealth Collaborative Inc employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York Ehealth Collaborative 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 03/2023, New York Ehealth Collaborative Inc generated $86.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.2% each year . All expenses for the organization totaled $72.7m during the year ending 03/2023. While expenses have increased by 16.3% per year over the past 8 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 2019, New York Ehealth Collaborative Inc has awarded 45 individual grants totaling $235,791,678. 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
TO IMPROVE HEALTHCARE FOR ALL NEW YORKERS THROUGH HEALTH INFORMATION TECHNOLOGY ("HEALTH IT").
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE STATEWIDE HEALTH INFORMATION OF NEW YORK (SHIN-NY) PROGRAM IS THE HEALTH INFORMATION EXCHANGE (HIE) FOR THE STATE OF NEW YORK. IT'S A NETWORK OF INFORMATION WHICH ALLOWS HEALTH CARE PROFESSIONALS TO APPROPRIATELY ACCESS AND SECURELY SHARE A PATIENT'S MEDICAL INFORMATION ELECTRONICALLY. NYEC HAS SUCCESSFULLY MAINTAINED THE STATEWIDE CONNECTIVITY THROUGHOUT THE STATE OF NEW YORK UTILIZING SIX REGIONAL HIE'S, CALLED RHIOS/QES, AND IS THE STATE DESIGNATED ENTITY FOR THIS WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John D Bennett MD Chair | OfficerTrustee | 5 | $0 |
Michael Stocker MD Vice Chair | OfficerTrustee | 5 | $0 |
Jeffrey Kraut Secretary | OfficerTrustee | 5 | $0 |
Michael Golden Treasurer | OfficerTrustee | 5 | $0 |
David Cohen MD Director | Trustee | 5 | $0 |
Jordanna Davis Director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Slalom Llc Consulting Services | 3/30/23 | $705,463 |
Manatt Phelps & Phelps Llp Legal Services | 3/30/23 | $581,574 |
Collective Medical Technologies Inc Consulting Services | 3/30/23 | $418,269 |
Meditology Services Llc Consulting Services | 3/30/23 | $356,335 |
Norc At The University Of Chicago Consulting Services | 3/30/23 | $350,053 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $85,041,150 |
| All other contributions, gifts, grants, and similar amounts not included above | $213,854 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,255,004 |
| Total Program Service Revenue | $1,000 |
| Investment income | $295,657 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $388,866 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $85,957,676 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $55,026,103 |
| 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. | $1,446,472 |
| Compensation of current officers, directors, key employees. | $1,062,150 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,987,217 |
| Pension plan accruals and contributions | $245,643 |
| Other employee benefits | $731,567 |
| Payroll taxes | $471,346 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $180,050 |
| Fees for services: Accounting | $55,500 |
| Fees for services: Lobbying | $71,300 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,611,954 |
| Advertising and promotion | $30,901 |
| Office expenses | $250,424 |
| Information technology | $2,160,352 |
| Royalties | $0 |
| Occupancy | $1,107,055 |
| Travel | $104,591 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,637 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $482,408 |
| Insurance | $492,730 |
| All other expenses | $0 |
| Total functional expenses | $72,730,130 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $278,467 |
| Savings and temporary cash investments | $53,935,199 |
| Pledges and grants receivable | $8,959,199 |
| Accounts receivable, net | $0 |
| 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 | $988,693 |
| Net Land, buildings, and equipment | $834,521 |
| Investments—publicly traded securities | $40,179 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,881,521 |
| Other assets | $2,157,781 |
| Total assets | $69,075,560 |
| Accounts payable and accrued expenses | $6,075,788 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $1,772,381 |
| Total liabilities | $7,848,169 |
| Net assets without donor restrictions | $27,759,815 |
| Net assets with donor restrictions | $33,467,576 |
| 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 | $69,075,560 |
Grants Awarded
Over the last fiscal year, New York Ehealth Collaborative Inc has awarded $55,026,103 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
BRONX RHIO INC PURPOSE: TO SUPPORT THE PROVISION OF BETTER, MORE COST EFFECTIVE HEALTH CARE, INCLUDING THROUGH DEVELOPMENT AND USE OF THE STATEWIDE HEALTH INFORMATION NETWORK OF NEW YORK (SHIN-NY). | $5,131,915 |
GREATER ROCHESTER REGIONAL HEALTH INFORMATION ORGANIZATION INC PURPOSE: TO SUPPORT THE PROVISION OF BETTER, MORE COST EFFECTIVE HEALTH CARE, INCLUDING THROUGH DEVELOPMENT AND USE OF THE STATEWIDE HEALTH INFORMATION NETWORK OF NEW YORK (SHIN-NY). | $6,781,826 |
HEALTHCARE INFORMATION XCHANGE OF NEW YORK INC PURPOSE: TO SUPPORT THE PROVISION OF BETTER, MORE COST EFFECTIVE HEALTH CARE, INCLUDING THROUGH DEVELOPMENT AND USE OF THE STATEWIDE HEALTH INFORMATION NETWORK OF NEW YORK (SHIN-NY). | $5,890,124 |
HEALTH ADVANCEMENT COLLABORATIVE OF CENTRAL NEW YORK INC PURPOSE: TO SUPPORT THE PROVISION OF BETTER, MORE COST EFFECTIVE HEALTH CARE, INCLUDING THROUGH DEVELOPMENT AND USE OF THE STATEWIDE HEALTH INFORMATION NETWORK OF NEW YORK (SHIN-NY). | $11,064,625 |
HEALTHIX INC PURPOSE: TO SUPPORT THE PROVISION OF BETTER, MORE COST EFFECTIVE HEALTH CARE, INCLUDING THROUGH DEVELOPMENT AND USE OF THE STATEWIDE HEALTH INFORMATION NETWORK OF NEW YORK (SHIN-NY). | $19,490,675 |
WESTERN NEW YORK CLINICAL INFORMATION EXCHANGE INC PURPOSE: TO SUPPORT THE PROVISION OF BETTER, MORE COST EFFECTIVE HEALTH CARE, INCLUDING THROUGH DEVELOPMENT AND USE OF THE STATEWIDE HEALTH INFORMATION NETWORK OF NEW YORK (SHIN-NY). | $6,666,938 |