Health Care Transformation Task Force Inc
- Assets
- $169.0k
- Revenue
- $970.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Washington, DC
- Founding
- 05/2016
- Data as of
- 09/2023
- EIN
- 61-1765045
Organization Overview
Health Care Transformation Task Force Inc is located in Washington, DC. The organization was established in 2016. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., under the broad grouping of Health Care and related organizations. As of 09/2023, Health Care Transformation Task Force Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Health Care Transformation Task Force 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 09/2023, Health Care Transformation Task Force Inc generated $970.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $1.2m during the year ending 09/2023. 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
BRING TOGETHER PATIENTS, PAYERS, PROVIDERS AND PURCHASERS TO ACCELERATE HEALTH CARE TRANSFORMATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TASK FORCE WILL DEVELOP TIMELY AND ACTIONABLE POLICY AND PROGRAM DESIGN RECOMMENDATIONS FOR THE PRIVATE SECTOR, THE CENTERS FOR MEDICARE & MEDICAID SERVICES (CMS), CONGRESS AND OTHERS; NEW DELIVERY AND PAYMENT MODELS; AND THE BEST-PRACTICE TOOLS, BENCHMARKS AND APPROACHES TO IMPLEMENT THEM THROUGH OUR TARGETED WORKGROUPS. CURRENT PRIORITIES INCLUDE DEVELOPING POLICY POSITIONS AND IMPLEMENTATION LEADERSHIP OPPORTUNITIES AROUND VARIOUS VALUE-BASED PAYMENT MODELS IN BOTH THE PUBLIC AND PRIVATE SECTORS, ADDRESSING AND INTEGRATING PERSON CENTERED POLICIES AND PROGRAMS THAT ADDRESS SOCIAL DETERMINANTS OF HEALTH AND SOCIAL NEEDS IN VALUE-BASED CARE DELIVERY, FACILITATING MULTIPLE SHARED LEARNINGS OPPORTUNITIES FOR THE MEMBERSHIP, AND PROMOTING VALUE-BASED TRANSFORMATION THROUGH PUBLIC DISSEMINATION OF TOOLS AND RESOURCES AND WEBSITE AND SOCIAL MEDIA CONTENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Brower Chair | OfficerTrustee | 1 | $0 |
Todd Van Tol Director - Until 06/23, Vice-Chair | OfficerTrustee | 1 | $0 |
Jim Sinkoff Treasurer/secretary | OfficerTrustee | 1 | $0 |
Ryan Anderson Director | Trustee | 1 | $0 |
Jordan Asher Director | Trustee | 1 | $0 |
Alan Balch Director | Trustee | 1 | $0 |
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 | $970,743 |
| Investment income | $51 |
| 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 | $970,794 |
| 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. | $681,784 |
| Compensation of current officers, directors, key employees. | $46,993 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $323,709 |
| Pension plan accruals and contributions | $15,855 |
| Other employee benefits | $39,049 |
| Payroll taxes | $52,468 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $48,414 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,770 |
| Advertising and promotion | $0 |
| Office expenses | $3,974 |
| Information technology | $5,031 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $16,973 |
| 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 | $2,289 |
| Insurance | $2,044 |
| All other expenses | $0 |
| Total functional expenses | $1,229,418 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,496 |
| Savings and temporary cash investments | $55,163 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,000 |
| 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 | $1,174 |
| Net Land, buildings, and equipment | $161 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,000 |
| Total assets | $168,994 |
| Accounts payable and accrued expenses | $99,052 |
| Grants payable | $0 |
| Deferred revenue | $150,000 |
| 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 | $0 |
| Total liabilities | $249,052 |
| Net assets without donor restrictions | -$80,058 |
| 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 | $168,994 |