Alliance For Artificial Intelligence In Healthcare
- Assets
- $102.0k
- Revenue
- $394.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- Data as of
- 12/2023
- EIN
- 83-2623146
Organization Overview
Alliance For Artificial Intelligence In Healthcare is located in Baltimore, MD. 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. Alliance For Artificial Intelligence In Healthcare is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Alliance For Artificial Intelligence In Healthcare generated $394.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $243.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (22.2%) per year over the past 4 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
THE AAIH IS AN INTERNATIONAL 501(C)4 NOT-FOR-PROFIT MULTI-STAKEHOLDER ADVOCACY ORGANIZATION, LAUNCHED IN 2019 TO PROMOTE SCIENTIFIC, LEGISLATIVE, AND REGULATORY INITIATIVES NECESSARY FOR THE DEVELOPMENT, ACCESSIBILITY, AND IMPLEMENTATION OF ARTIFICIAL INTELLIGENCE (AI) POWERED HEALTHCARE SOLUTIONS. OUR MISSION IS TO ENABLE THE ADVANCEMENT AND RESPONSIBLE USE OF AI IN HEALTHCARE TO IMPROVE PATIENTS LIVES BY FOCUSING ON RESOLUTION OF THE SECTORS MOST PRESSING AND SIGNIFICANT ISSUES FOR PATIENTS AND DEVELOPERS. IT ADVANCES THESE GOALS BY WORKING COLLECTIVELY TO IDENTIFY AND ADDRESS INDUSTRY WIDE CONCERNS, ONE OF WHICH IS THE INTERSECTION OF AI AND INTELLECTUAL PROPERTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNICATIONS AND MARKETING: THE COMMUNICATIONS AND MARKETING WORKING GROUP IS FOCUSED ON DEVELOPING AND IMPLEMENTING A COMMUNICATIONS AND OUTREACH STRATEGY FOR THE AAIH, AS WELL AS CREATING RESOURCES FOR AAIH MEMBERSHIP USE. ACCOMPLISHMENTS: A. PUBLISHED REGULAR NEWSLETTER B. COORDINATED AND GREW SOCIAL MEDIA OUTREACH IN SUPPORT OF MEMBER ORGANIZATIONS C. AMPLIFIED INDUSTRY NEWS AND AAIH MEMBER SUCCESSES D. HOSTED AI IN HEALTHCARE WEBINAR SERIES E. HOSTED HEALTHCARE AI NETWORKING AND INDUSTRY DEVELOPMENT EVENT IN CONJUNCTION WITH LARGE EU INDUSTRY CONFERENCE
ENABLE THE ADVANCEMENT AND RESPONSIBLE USE OF AI IN HEALTHCARE TO IMPROVE PATIENTS LIVES BY FOCUSING ON RESOLUTION OF THE SECTORS MOST PRESSING AND SIGNIFICANT ISSUES FOR PATIENTS AND DEVELOPERS. IT ADVANCES THESE GOALS BY WORKING COLLECTIVELY TO IDENTIFY AND ADDRESS INDUSTRY WIDE CONCERNS, ONE OF WHICH IS THE INTERSECTION OF AI AND INTELLECTUAL PROPERTY. ACCOMPLISHMENTS: A. LAUNCHED PROJECTS FOCUSED ON COLLABORATIONS AROUND DISEASE DATA ACCESS B. DEVELOPED FRAMEWORK FOR AI/ML SECTOR PERFORMANCE METRIC
POLICY AND REGULATORY: THE POLICY AND REGULATORY WORKING GROUP IS FOCUSED ON ENGAGEMENT WITH REGIONAL AND INTERNATIONAL GOVERNING AND REGULATORY BODIES, SUCH AS CMS, EMA, HEALTH CANADA, FDA ETC. IN ADDITION, THE PRWG IS RESPONSIBLE FOR DEVELOPING A COHESIVE STRATEGY FOR AAIH LEGISLATIVE AND POLICY ADVOCACY. ACCOMPLISHMENTS: A. COORDINATED AND CO-HOSTED MEMBER SESSIONS ON IP ISSUES AROUND AI/ML IN HEALTHCARE B. HELD MEMBERS REGULATORY AFFAIRS MEETINGS TO EXCHANGE INFORMATION AND VIEWS ON REGULATORS ACTIVITIES AND INDUSTRY DEVELOPMENTS.
DATA SCIENCE, TECHNOLOGY AND STANDARDS: THE DSTS WORKING GROUP IS FOCUSED ON INITIATIVES DEDICATED TO FOSTERING THE DEVELOPMENT OF SPECIFIC TECHNOLOGY SECTORS THROUGH CONSIDERATION OF KEY QUESTIONS AROUND DATA ACCESS, STANDARDS AND DATA INTEGRITY FOR AI POWERED HEALTHCARE SOLUTIONS. ACCOMPLISHMENTS: A. HOSTED WEBINAR ON FEDERATED DATA APPROACHES TO DATA SHARING B. SPONSORED REGULAR WORKING GROUP MEETINGS ON AI/ML USE FOR CLINICAL APPLICATIONS C. ACTIVELY ENGAGED WITH STANDARDS DEVELOPMENT ORGANIZATIONS THROUGH PUBLIC CONSORTIA AND PRIVATE DISCUSSIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elaine Hamm Executive Di | Officer | 10 | $0 |
Mustaqhusaid Kazi Chairperson | OfficerTrustee | 5 | $0 |
Stacie Calad-Thomson Vice-Chairpe | OfficerTrustee | 1 | $0 |
Maria Luisa Pineda Secretary | OfficerTrustee | 1 | $0 |
James Zanewicz Treasurer | OfficerTrustee | 1 | $0 |
Naheed Kurji Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Adjuvant Partners Llc Management | 12/30/22 | $264,000 |
Cardinal Point Partners Marketing | 12/30/22 | $120,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $383,750 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,200 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $393,950 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $393,950 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $112,595 |
| Advertising and promotion | $60,954 |
| Office expenses | $1,834 |
| Information technology | $19,942 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,152 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,809 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,027 |
| All other expenses | $0 |
| Total functional expenses | $243,361 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,975 |
| 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 | $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 | $0 |
| Total assets | $101,975 |
| Accounts payable and accrued expenses | $227,086 |
| 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 | $10,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $237,086 |
| Net assets without donor restrictions | -$135,111 |
| Net assets with donor restrictions | $0 |
| 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 | $101,975 |