Rural Health Innovation Collaborative Inc
- Assets
- $1.1m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Terre Haute, IN
- Founding
- 04/2010
- Data as of
- 06/2022
- EIN
- 27-1374208
Organization Overview
Rural Health Innovation Collaborative Inc is located in Terre Haute, IN. The organization was established in 2010. According to its NTEE Classification (E01) the organization is classified as: Alliances & Advocacy, 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. Rural Health Innovation 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 06/2022, Rural Health Innovation Collaborative Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $998.5k during the year ending 06/2022. While expenses have increased by 3.5% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE RURAL HEALTH INNOVATION COLLABORATIVE (RHIC) IS TO ADVANCE THE HEALTH AND WELLNESS OF THE PUBLIC THROUGH THE INNOVATIVE, INTERPROFESSIONAL EDUCATION AND TRAINING OF CURRENT AND FUTURE HEALTHCARE PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUED TO DEVELOP, IMPROVE AND EXPAND EDUCATION AND TRAINING OF CURRENT AND FUTURE HEALTH CARE PROFESSIONALS, ESPECIALLY THOSE COMMITTED TO SERVING RURAL AND UNDERSERVED POPULATIONS. THIS WAS ACCOMPLISHED THROUGH THE FOLLOWING:DEVELOPED PATIENT SAFETY AND QUALITY INITIATIVES AND HAD INVOLVEMENT IN NATIONAL AND REGIONAL SIMULATIONS. ADDITIONAL RECEIVED ACCREDITATION IN TEACHING/EDUCATION AND SYSTEMS INTEGRATION.
CONTINUED THE CONTRACT WITH THE INDIANA HOSPITAL ASSOCIATION FOR TRAINING AND EDUCATION. THE CONTRACT INCLUDES 14 HOSPITALS FOR SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Holman President | OfficerTrustee | 0.5 | $0 |
Taihung Duong Vice President | OfficerTrustee | 0.5 | $0 |
Tj Warren Treasurer | OfficerTrustee | 0.5 | $0 |
Lea Anne Crooks Secretary | OfficerTrustee | 0.5 | $0 |
Jack Jaeger Executive Dir. | Trustee | 40 | $0 |
Dottie King Director | Trustee | 0.5 | $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 | $310,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $310,000 |
| Total Program Service Revenue | $781,562 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,101,562 |
| 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 | $688,637 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,865 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $695 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $78,430 |
| Travel | $32,382 |
| 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 | $75,416 |
| Insurance | $10,983 |
| All other expenses | $19,314 |
| Total functional expenses | $998,511 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $799,410 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $6,536 |
| Net Land, buildings, and equipment | $272,356 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,078,302 |
| Accounts payable and accrued expenses | $67,348 |
| 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 | $0 |
| Total liabilities | $67,348 |
| Net assets without donor restrictions | $796,702 |
| Net assets with donor restrictions | $214,252 |
| 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 | $1,078,302 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rural Health Innovation Collaborative Inc has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Union Hospital Foundation Inc Terre Haute, IN PURPOSE: CHARITABLE GRANT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catholic Health Association Saint Louis, MO | $59,705,210 | $28,008,805 |
Missouri Coalition For Primary Health Care Jefferson City, MO | $12,205,303 | $20,984,673 |
American Medical Technologists Rosemont, IL | $15,639,960 | $9,694,029 |
Foundation For A Healthy Kentucky Inc Louisville, KY | $67,281,694 | $4,356,943 |
Together Wisconsin Acts Inc Milwaukee, WI | $1,041,867 | $3,266,313 |
Scripted Healthcare System Kansas City, MO | $612,331 | $2,349,683 |
Planned Parenthood Advocates Of Wisconsin Inc Milwaukee, WI | $376,256 | $1,806,402 |
Rural Health Innovation Collaborative Inc Terre Haute, IN | $1,078,302 | $1,101,562 |
Lemons Of Love Inc Des Plaines, IL | $1,235,628 | $908,988 |
Physicians For A National Health Program Chicago, IL | $658,326 | $955,758 |
Midwest Alliance For Patient Safety Naperville, IL | $416,849 | $738,320 |
React 19 Inc Mequon, WI | $142,761 | $694,051 |