Institute For Medicaid Innovation Inc
- Assets
- $2.1m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 15
- Location
- Washington, DC
- Founding
- 11/1999
- Data as of
- 12/2023
- EIN
- 31-1661234
Organization Overview
Institute For Medicaid Innovation Inc is located in Washington, DC. The organization was established in 1999. 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 12/2023, Institute For Medicaid Innovation Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Medicaid Innovation 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, Institute For Medicaid Innovation Inc generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.4% each year . All expenses for the organization totaled $2.1m during the year ending 12/2023. While expenses have increased by 35.4% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE LIVES OF MEDICAID PARTICIPANTS THROUGH THE DEVELOPMENT, IMPLEMENTATION, AND DIFFUSION OF INNOVATIVE AND EVIDENCE-BASED MODELS OF CARE THAT PROMOTE THE QUALITY, VALUE, EQUITY AND THE ENGAGEMENT OF PATIENTS, FAMILIES AND COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WORK OF THE INSTITUTE FOR MEDICAID INNOVATION IS INFORMED, GUIDED AND SUPPORTED BY AN EXCEPTIONAL GROUP OF NATIONAL EXPERTS REPRESENTING ACADEMIC AND NON-ACADEMIC RESEARCH INSTITUTIONS, ADVOCACY AND COMMUNITY ORGANIZATIONS, CLINICIAN GROUPS, MEDICAID MANAGED CARE ORGANIZATIONS, STATE AND FEDERAL POLICYMAKERS, AND, MOST IMPORTANTLY, MEDICAID ENROLLEES AND THEIR FAMILIES. THESE EXPERTS CONTRIBUTE TO THE MISSION OF THE INSTITUTE BY SERVING ON THE NATIONAL ADVISORY BOARD, DISSEMINATION & IMPLEMENTATION COMMITTEE, DATA & RESEARCH COMMITTEE, SUBCOMMITTEE ON THE HEALTH OF ALL WOMEN IN MEDICAID, SUBCOMMITTEE ON OPIOID MISUSE IN MEDICAID, AND THE BEST PRACTICES REVIEW PANEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer E Moore PHD RN Faan Executive Director | Officer | 40 | $313,940 |
Gloria Eldridge Associate Director Of Data & Research | 40 | $128,077 | |
Andrea Mcglynn Associate Director Of Programs | 40 | $127,250 | |
Judith Chamberlain MD Faafp Chair | OfficerTrustee | 1 | $0 |
Karen Dale Msn RN Treasurer | OfficerTrustee | 1 | $0 |
Gail Graham Board Member Until , Then Secretary | OfficerTrustee | 1 | $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 | $2,072,414 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,072,414 |
| Total Program Service Revenue | $81,620 |
| Investment income | $10,383 |
| 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 | $2,164,417 |
| 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. | $324,061 |
| Compensation of current officers, directors, key employees. | $50,378 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $806,785 |
| Pension plan accruals and contributions | $25,523 |
| Other employee benefits | $61,635 |
| Payroll taxes | $81,736 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $45,208 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $594,351 |
| Advertising and promotion | $0 |
| Office expenses | $14,302 |
| Information technology | $30,211 |
| Royalties | $0 |
| Occupancy | $29,516 |
| Travel | $67,989 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,152 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,055 |
| All other expenses | $2,512 |
| Total functional expenses | $2,123,036 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $384,837 |
| Savings and temporary cash investments | $1,676,497 |
| Pledges and grants receivable | $80,786 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,326 |
| Total assets | $2,147,446 |
| Accounts payable and accrued expenses | $205,837 |
| Grants payable | $0 |
| Deferred revenue | $117,594 |
| 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 | $323,431 |
| Net assets without donor restrictions | $1,239,907 |
| Net assets with donor restrictions | $584,108 |
| 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 | $2,147,446 |