Employers Forum Of Indiana Inc
- Assets
- $830.4k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 5
- Location
- Carmel, IN
- Founding
- Data as of
- 12/2021
- EIN
- 85-2350404
Organization Overview
Employers Forum Of Indiana Inc is located in Carmel, IN. According to its NTEE Classification (E05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Health Care and related organizations. As of 12/2021, Employers Forum Of Indiana Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Employers Forum Of Indiana 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 12/2021, Employers Forum Of Indiana Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 49.1% each year . All expenses for the organization totaled $464.4k during the year ending 12/2021. While expenses have increased by 56.7% per year over the past 2 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE VALUE RECEIVED BY EMPLOYERS AND PATIENTS FOR THEIR HEALTH CARE EXPENDITURES. VALUE CONSIDERATIONS INCLUDES PRICE, QUALITY, EMPLOYEE SATISFACTION AND UTILIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, THE EMPLOYERS FORUM OF INDIANA HOSTED 4 ALL STAKEHOLDER MEETINGS DISCUSSING VARIOUS HEALTH CARE TOPICS AND ISSUES. EFI ALSO HOSTED 5 EMPLOYER-ONLY MEETINGS TO DISCUSS TOP OF MIND HEALTHCARE ISSUES. MEETING MATERIALS ARE FREELY AND PUBLICLY AVAILABLE ON THE EFI WEBSITE. MEMBERSHIP INCREASED FROM 62 TO 69 DURING 2021.
IN SEPTEMBER OF 2021, EFI PUBLISHED AN "INDEPENDENT ASSESSMENT OF INDIANA HOSPITALS IN RELATION TO CMS HOSPITAL PRICE TRANSPARENCY RULE". THIS ASSESSMENT IS FREELY AVAILABLE ON THE EFI WEBSITE.
IN NOVEMBER OF 2021, EFI RECEIVED GRANT FUNDING OF 707,000 TO BUILD A HOSPITAL VALUE DASHBOARD WHICH WILL BE FREELY AND PUBLICLY AVAILABLE IN MAY OF 2022. THE DASHBOARD WILL SHOW USERS HOSPITAL PRICE AND QUALITY INFORMATION AT A STATE, HEALTH SYSTEM AND HOSPITAL LEVEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gloria Sachdev President | OfficerTrustee | 40 | $220,000 |
David Kelleher Board Member | Officer | 3 | $2,000 |
Christan Royer Board Member | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $357,100 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $665,200 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,022,300 |
| 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 | $1,022,300 |
| 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 | $55,228 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,225 |
| Fees for services: Management | $238,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,000 |
| Fees for services: Lobbying | $16,875 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,806 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,702 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $282 |
| All other expenses | $20,121 |
| Total functional expenses | $464,418 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $829,860 |
| 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 | $500 |
| 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 | $830,360 |
| Accounts payable and accrued expenses | $0 |
| 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 | $1,781 |
| Total liabilities | $1,781 |
| Net assets without donor restrictions | $278,579 |
| Net assets with donor restrictions | $550,000 |
| 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 | $830,360 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Employers Forum Of Indiana Inc has recieved totaling $550,000.
| Awarding Organization | Amount |
|---|---|
Laura And John Arnold Foundation Houston, TX PURPOSE: TO PROVIDE GENERAL OPERATING SUPPORT. | $550,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
District Council No 3 Painters And Allied Trades Welfare Fund Kansas City, MO | $14,755,417 | $11,842,707 |
Wisconsin Health Information Organization Inc Monona, WI | $2,005,888 | $2,109,941 |
Bhc Foundation St Louis, MO | $1,118,439 | $1,942,472 |
National Center For Healthcare Leadership Chicago, IL | $2,396,977 | $2,153,807 |
Healthcare Initiatives Inc Indianapolis, IN | $22,413,997 | $2,038,647 |
National Rural Recruitment & Retention Network Inc Jefferson City, MO | $896,817 | $946,911 |
Greater Milwaukee Business Group On Health Inc Sussex, WI | $0 | $24,936 |
Center For Healthcare Innovation Chicago, IL | $235,414 | $738,168 |
Kentucky Voices For Health Inc Louisville, KY | $412,067 | $450,103 |
Employers Forum Of Indiana Inc Carmel, IN | $830,360 | $1,022,300 |
American Academy Of Development Medicine And Dentistry Prospect, KY | $529,200 | $473,200 |
Smashsmard Inc Lincolnshire, IL | $140,411 | $258,108 |