International Health Economics Association
- Assets
- $805.7k
- Revenue
- $177.9k
- Investments
- $0.0
- Employees
- 0
- Location
- King Of Prussia, PA
- Founding
- 12/1995
- Data as of
- 08/2022
- EIN
- 23-2764206
Organization Overview
International Health Economics Association, operating under the name Ihea, is located in King Of Prussia, PA. The organization was established in 1995. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), 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. Ihea 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 08/2022, Ihea generated $177.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $228.4k during the year ending 08/2022. 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
IHEA WAS FORMED IN 1993 TO INCREASE COMMUNICATION AMONG HEALTH ECONOMISTS, FOSTER A HIGHER STANDARD OF DEBATE IN THE APPLICATION OF ECONOMICS TO HEALTH AND HEALTH CARE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLISHED AND DISTRIBUTED 12 MONTHLY NEWSLETTERS TO OVER 1,600 MEMBERS AND DISTRIBUTED OTHER INFORMATION OF VALUE TO THE PROFESSION VIA ELECTRONIC MEANS. PROVIDED AWARDS TO STUDENTS AND EXPERIENCED RESEARCHERS WHO PERFORM GROUND-BREAKING RESEARCH INTO HEALTH ECONOMICS ISSUES. ESTABLISHED AND MAINTAINED A REPOSITORY OF TRAINING MATERIALS WHICH ARE MADE AVAILABLE AS OPEN EDUCATIONAL RESOURCES TO PROMOTE QUALITY HEALTH ECONOMICS TEACHING AROUND THE WORLD. ORGANIZED SPECIAL INTEREST GROUPS TO FACILITATE NETWORKING AND SHARING OF KNOWLEDGE AND SKILLS BETWEEN HEALTH ECONOMISTS WITH COMMON INTERESTS. INITIATED A WEBINAR SERIES, WHICH WILL BE OFFERED ON A MONTHLY BASIS. ORGANIZATION FOR A BIENNIAL GLOBAL CONFERENCE IN WHICH HEALTH ECONOMICS RESEARCHERS AND TEACHERS, POLICY MAKERS, INDUSTRY PROFESSIONALS AND STUDENTS GATHER TO DISCUSS CURRENT RESEARCH AND HEALTH SYSTEM DEVELOPMENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Winnie Chi-Man Yip Past President | OfficerTrustee | 2 | $0 |
Kara Hanson President-Elect | OfficerTrustee | 2 | $0 |
Rosalie Viney Treasurer | OfficerTrustee | 2 | $0 |
Di Mcintyre Executive Director | Officer | 20 | $0 |
Sonja DE New Director | Trustee | 2 | $0 |
Lisa Rochaix Director | Trustee | 2 | $0 |
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 | $77,909 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,909 |
| Total Program Service Revenue | $137,597 |
| Investment income | -$37,625 |
| 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 | $177,881 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $174,344 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,065 |
| Information technology | $20,349 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,490 |
| All other expenses | $0 |
| Total functional expenses | $228,383 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $432,136 |
| Savings and temporary cash investments | $314,572 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,250 |
| 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 | $57,758 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $805,716 |
| Accounts payable and accrued expenses | $28,799 |
| Grants payable | $0 |
| Deferred revenue | $50,645 |
| 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 | $79,444 |
| Net assets without donor restrictions | $631,208 |
| Net assets with donor restrictions | $95,064 |
| 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 | $805,716 |
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