Asc Quality Collaboration Inc
- Assets
- $474.9k
- Revenue
- $253.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 45-5614522
Organization Overview
Asc Quality Collaboration Inc is located in Alexandria, VA. The organization was established in 2014. According to its NTEE Classification (E60) the organization is classified as: Health Support, 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. Asc Quality Collaboration 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, Asc Quality Collaboration Inc generated $253.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $281.9k during the year ending 12/2022. While expenses have increased by 0.3% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE PATIENT SAFETY AND QUALITY OF CARE DELIVERY IN AMBULATORY SURGERY CENTERS (ASCS).
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEASURE DEVELOPMENT - WORKING TOGETHER, PARTICIPANTS IN THE ASC QUALITY COLLABORATION DEVELOP AND TEST CLINICAL QUALITY MEASURES APPROPRIATE TO ASCS.
PUBLIC REPORTING OF QUALITY DATA - THE ASC QC STRONGLY SUPPORTS PUBLIC REPORTING OF QUALITY DATA. OUR COMMITMENT TO PUBLIC REPORTING IS REFLECTED IN OUR ONLINE PUBLICATION OF A FREE QUARTERLY REPORT OF ASC QUALITY DATA, MADE POSSIBLE ENTIRELY THROUGH THE VOLUNTARY EFFORTS OF OUR PARTICIPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melba Willis Director And Officer-Until 12/22 | OfficerTrustee | 1.2 | $0 |
Renae Battie Director | Trustee | 0.8 | $0 |
Brett Bernstein Director | Trustee | 0.4 | $0 |
Natalie Christy Director | Trustee | 0.8 | $0 |
Rebecca Craig Director | Trustee | 0.4 | $0 |
Pearl Darling Director-Until 08/22 | Trustee | 0.4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kmdwood Llc Professional Services | 12/30/15 | $112,200 |
Donna Gelardi-slosburg Management Services | 12/30/15 | $104,087 |
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 | $250,000 |
| Investment income | $3,451 |
| 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 | $253,451 |
| 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 | $194,590 |
| Fees for services: Legal | $2,604 |
| Fees for services: Accounting | $11,275 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $46,399 |
| Advertising and promotion | $810 |
| Office expenses | $274 |
| Information technology | $15,235 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,840 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $285 |
| Insurance | $0 |
| All other expenses | $2,626 |
| Total functional expenses | $281,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $185,407 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $444 |
| 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 | $6,156 |
| Net Land, buildings, and equipment | $1,400 |
| Investments—publicly traded securities | $279,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,490 |
| Total assets | $474,897 |
| Accounts payable and accrued expenses | $22,648 |
| Grants payable | $0 |
| Deferred revenue | $104,000 |
| 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 | $216 |
| Total liabilities | $126,864 |
| Net assets without donor restrictions | $348,033 |
| 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 | $474,897 |