Institute For Clinical Systems Improvement
- Assets
- $1.6m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, MN
- Founding
- 08/2017
- Data as of
- 12/2021
- EIN
- 41-1782168
Organization Overview
Institute For Clinical Systems Improvement is located in Bloomington, MN. The organization was established in 2017. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Clinical Systems Improvement 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 12/2021, Institute For Clinical Systems Improvement generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (19.0%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (19.1%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CHAMPION THE CAUSE OF HEALTH CARE QUALITY AND TO ACCELERATE IMPROVEMENT IN HEALTH CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O - EXEMPT PURPOSE AND ACHIEVEMENTS FOR A DESCRIPTION OF PROGRAM SERVICE ACCOMPLISHMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brett Hentges Director & CFO | OfficerTrustee | 2.5 | $0 |
Brian H Rank MD Director & Secretary | OfficerTrustee | 2.5 | $0 |
Claire Neely MD CEO & Director | OfficerTrustee | 22.5 | $0 |
Kara Tomlinson Chair & Director | OfficerTrustee | 2.5 | $0 |
Bode Taiwo MD Vice Chair & Director | OfficerTrustee | 2.5 | $0 |
Patrick T Courneya MD Director | Trustee | 2.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Group Health Plan Inc Payroll And Expense Processing | 12/30/21 | $1,002,868 |
Pwa Riverview Office Tower Lp Property Management | 12/30/21 | $163,162 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,570,985 |
| Investment income | $472 |
| 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 | $1,571,505 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,096,512 |
| Advertising and promotion | $4,881 |
| Office expenses | $11,297 |
| Information technology | $2,833 |
| Royalties | $0 |
| Occupancy | $345,059 |
| Travel | $0 |
| 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 | $44,889 |
| Insurance | $19,769 |
| All other expenses | $0 |
| Total functional expenses | $1,595,423 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,918 |
| Savings and temporary cash investments | $1,513,141 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $53,488 |
| 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 | $1,590,547 |
| Accounts payable and accrued expenses | $111,316 |
| 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 | $189,607 |
| Total liabilities | $300,923 |
| Net assets without donor restrictions | $1,289,624 |
| 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 | $1,590,547 |
Grants Awarded
Over the last fiscal year, Institute For Clinical Systems Improvement has awarded $2,219,734 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Oakland, CA PURPOSE: SUB-GRANT SERVICES | $585,233 |
Minneapolis, MN PURPOSE: SUB-GRANT SERVICES | $581,861 |
Pittsburgh, PA PURPOSE: SUB-GRANT SERVICES | $298,636 |
Grand Rapids, MI PURPOSE: SUB-GRANT SERVICES | $203,098 |
Seattle, WA PURPOSE: SUB-GRANT SERVICES | $148,327 |
Rochester, MN PURPOSE: SUB-GRANT SERVICES | $144,550 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Institute For Clinical Systems Improvement has recieved totaling $204,000.
| Awarding Organization | Amount |
|---|---|
Medica Health Plans Minnetonka, MN PURPOSE: SUPPORT BEST PRACTICES IN MEDICAL WORLD | $204,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usona Institute Inc Madison, WI | $38,737,266 | $18,840,870 |
Advanced Textiles Association Roseville, MN | $7,913,490 | $8,259,339 |
Center For Veterans Research And Education Minneapolis, MN | $6,193,088 | $7,313,382 |
Harvey W Peters Research Foundation Sioux Falls, SD | $130,706,719 | $7,428,166 |
Well Resource Center Pella, IA | $3,360,975 | $3,363,505 |
National Ataxia Foundation Inc Minneapolis, MN | $4,406,293 | $2,867,520 |
Institute For Clinical Systems Improvement Bloomington, MN | $1,590,547 | $1,571,505 |
Ecdysis Foundation Estelline, SD | $588,138 | $1,280,111 |
Phillips Eye Institute Foundation Minneapolis, MN | $0 | $575,124 |
Glendalough Of Austin Inc Faribault, MN | $425,752 | $674,749 |
Isthmus Project Inc Madison, WI | $211,733 | $0 |
John Paul Ii Medical Research Institute Coralville, IA | $513,407 | $776,190 |