Center For Healthcare Innovation Inc
- Assets
- $1.0m
- Revenue
- $17.5k
- Investments
- $873.6k
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 03/2015
- Data as of
- 12/2022
- EIN
- 47-2895175
Organization Overview
Center For Healthcare Innovation Inc is located in Baltimore, MD. The organization was established in 2015. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Healthcare 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 12/2022, Center For Healthcare Innovation Inc generated $17.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.7%) each year. All expenses for the organization totaled $158.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLINICAL TRIAL RESEARCH PROJECT - COMPLEMENTARY MEDICAL THERAPY TO IMPROVE THE CONTROL OF HEAD & NECK CANCER PATIENTS SYMPTOMS OF DISEASE AND TREATMENT SIDE EFFECTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neri Cohen MD President | 40 | $81,662 | |
Ronald Tutrone MD Secretary/treasurer | 0 | $0 | |
Mark Lamos MD Trustee | 0 | $0 | |
Lauren Schnaper MD Trustee | 0 | $0 | |
Paul Sekhri Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $62 |
| Dividends & Interest | $21,856 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,423 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $17,495 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $62,090 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $20,043 |
| Interest | $0 |
| Taxes | $24,696 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $48,889 |
| Total operating and administrative expenses | $158,118 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $158,118 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $166,208 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $19,882 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,039,829 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |