Quality Insights Inc
- Assets
- $40.7m
- Revenue
- $29.7m
- Investments
- $0.0
- Employees
- 186
- Location
- Charleston, WV
- Founding
- 01/1974
- Data as of
- 12/2023
- EIN
- 55-0539692
Organization Overview
Quality Insights Inc is located in Charleston, WV. The organization was established in 1974. According to its NTEE Classification (E02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Health Care and related organizations. As of 12/2023, Quality Insights Inc employed 186 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quality Insights 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, Quality Insights Inc generated $29.7m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $28.9m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 8 years. 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
WE BRING PEOPLE AND INFORMATION TOGETHER TO IMPROVE HEALTH AND HEALTHCARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES EDUCATIONAL AND QUALITY IMPROVEMENT PROGRAMS, DATA COLLECTION AND VALIDATION, AND ANALYSIS TO HEALTH CARE PROVIDERS, FACILITIES, AND RELATED ENTITIES PARTICIPATING IN MEDICARE, VETERANS HEALTH ADMINISTRATION AND OTHER GOVERNMENTAL HEALTH CARE PROGRAMS. THE ORGANIZATION ALSO OFFERS TECHNICAL ASSISTANCE, COLLABORATION, TOOLS, RESOURCES AND OUTREACH TO HEALTH CARE PROVIDERS, CLINICIANS AND CONSUMERS IN PARTNERSHIP WITH GOVERNMENT AND COMMUNITY ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Lauffer Chairman | OfficerTrustee | 1 | $2,100 |
Kathleen Merrill Vice Chairman | OfficerTrustee | 1 | $825 |
Timmy Nelson Secretary/treasurer | OfficerTrustee | 1 | $4,250 |
Rebecca Schmidt Director | Trustee | 1 | $1,050 |
Evan Norfolk Director | Trustee | 1 | $1,175 |
Mary Cannon Director | Trustee | 1 | $550 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Traci Hoffman Dba Tlh Llc Consultant | 12/30/20 | $130,873 |
Cristan Peters Consultant | 12/30/20 | $122,476 |
Deep Water Point Llc Consultant | 12/30/20 | $115,694 |
Maureen Jensen Consultant | 12/30/20 | $110,085 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $17,197,199 |
| All other contributions, gifts, grants, and similar amounts not included above | $251,647 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,448,846 |
| Total Program Service Revenue | $11,063,245 |
| Investment income | $783,646 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $434,813 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,730,669 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $111,351 |
| 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. | $1,718,235 |
| Compensation of current officers, directors, key employees. | $1,311,480 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,315,417 |
| Pension plan accruals and contributions | $1,008,835 |
| Other employee benefits | $1,927,453 |
| Payroll taxes | $1,026,059 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $59,526 |
| Fees for services: Accounting | $71,920 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $94,858 |
| Fees for services: Other | $8,066,600 |
| Advertising and promotion | $0 |
| Office expenses | $337,661 |
| Information technology | $510,507 |
| Royalties | $0 |
| Occupancy | $293,008 |
| Travel | $360,150 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $197,611 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $116,329 |
| Insurance | $88,961 |
| All other expenses | $125,615 |
| Total functional expenses | $28,856,556 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,067,048 |
| Savings and temporary cash investments | $6,406,341 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,164,985 |
| 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 | $743,159 |
| Net Land, buildings, and equipment | $468,932 |
| Investments—publicly traded securities | $21,889,883 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,777 |
| Total assets | $40,745,125 |
| Accounts payable and accrued expenses | $3,275,387 |
| Grants payable | $0 |
| Deferred revenue | $461,852 |
| 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 | $4,777 |
| Total liabilities | $3,742,016 |
| Net assets without donor restrictions | $36,437,125 |
| Net assets with donor restrictions | $565,984 |
| 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 | $40,745,125 |
Grants Awarded
Over the last fiscal year, Quality Insights Inc has awarded $111,351 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
GRASSROOTS HEALTH INC PURPOSE: RECRUIT & TRAIN COLLEGE ATHLETES TO DELIVER WEEKLY SPORTS-BASED HEALTH EDUCATION MODULES TO UNDER-RESOURCED MIDDLE SCHOOLS. | $15,907 |
LITERACY DELAWARE INC PURPOSE: CREATE & FACILITATE A HEALTH LITERACY EDUCATION PROGRAM FOR DIALYSIS PATIENTS AND FAMILIES TO CLOSE THE HEALTH EQUITY GAP. | $19,997 |
LORI'S HANDS INC PURPOSE: FUND 3 STUDENT INTERNS TO RECRUIT, & TRAIN STUDENT VOLUNTEERS TO PROVIDE WEEKLY SUPPORT VISITS TO PEOPLE WITH CHRONIC ILLNESSES. | $19,919 |
THINK KIDS INC PURPOSE: ASSIST WITH BENEFITS ENROLLMENT TO INCREASE THE UTILIZATION AND UNDERSTANDING OF FEDERAL & STATE RESOURCES & SERVICES THAT ADDRESS HEALTH DISPARITIES. | $14,930 |
THE MEDICAL SOCIETY OF VIRGINIA FOUNDATION PURPOSE: HELP BUILD A FOUNDATION OF PEER HEALTH & WELLNESS COACHES FOR HEALTHCARE PROFESSIONALS. | $19,237 |
WEST VIRGINIA SCHOOL OF OSTEOPATHIC MEDICINE PURPOSE: PROVIDE NUTRITION, EXERCISE AND HEALTH EDUCATION TO WOMEN OLDER THAN 35 YEARS OF AGE. | $21,361 |