Capital Area Health Consortium Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 510173264 ✦ Farmington, CT ✦ Designated as a 501(c)(3)

Overview

What is Capital Area Health Consortium Inc?

Capital Area Health Consortium Inc is a nonprofit organization based in Farmington, Connecticut. With a team of 1015 employees, they serve as an inter-institutional forum for collaboration among hospitals in the Greater Hartford Capital Region. Their primary role is to maintain and enhance the health care needs of the area by providing support services such as salary and employee benefits for training programs sponsored by the University of Connecticut. Specifically, they manage and coordinate payroll and benefit services for approximately 700 medical residents appointed to area hospitals via the University of Connecticut School of Medicine residency training program.


Official website here: www.cahc.org

Is Capital Area Health Consortium Inc legitimate?

Capital Area Health Consortium Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capital Area Health Consortium Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,929,790

For more financial information, click here


Official website here: www.cahc.org

What is the mission statement of Capital Area Health Consortium Inc?

Capital Area Health Consortium Inc is an organization that facilitates collaboration among hospitals in a specific region to enhance the healthcare needs of the community. By providing an inter-institutional forum, the consortium fosters cooperation and improvement among its member hospitals. Additionally, it offers support services, such as salary and employee benefits, for training programs sponsored by the University of Connecticut. The consortium effectively manages the payroll and benefit services for approximately 700 medical residents appointed to various hospitals via the University of Connecticut's residency training program.


Official website here: www.cahc.org

Who is the CEO of Capital Area Health Consortium Inc?

Michelle Nielson is the Treasurer of Capital Area Health Consortium Inc.


Official website here: www.cahc.org

What is the revenue of Capital Area Health Consortium Inc?

Capital Area Health Consortium Inc's revenue in 2023 was $63,751,692.


Official website here: www.cahc.org

Who are the executives of Capital Area Health Consortium Inc and what are their salaries?

The average compensation at Capital Area Health Consortium Inc during 2023 was $49,192. There are 1,015 employees at Capital Area Health Consortium Inc.

Here are 16 key members and their salaries:

    Gerald Boisvert (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $861,012
  • Other: $21,350

    • Juan Salazar Md Mph Faap (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $839,314
  • Other: $40,570

    • Lynn Ricci Fache (Director)
  • Compensation: $0
  • Related: $833,392
  • Other: $38,330

    • Bridgett Feagin (Director)
  • Compensation: $0
  • Related: $753,985
  • Other: $14,097

    • Jeff Finkelstein Md (Director)
  • Compensation: $0
  • Related: $576,572
  • Other: $21,350

    • Steve Angus Md Facp (Director)
  • Compensation: $0
  • Related: $353,860
  • Other: $242,382

    • Peruvamba Venkatesh Md (Director)
  • Compensation: $0
  • Related: $532,041
  • Other: $21,350

    • David Shapiro Md (Director)
  • Compensation: $0
  • Related: $515,668
  • Other: $0

    • Scott Allen Md (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $395,392
  • Other: $106,268

    • Kiki Nissen Md Facp (Permanent Ex) [Trustee/Director]
  • Compensation: $0
  • Related: $410,034
  • Other: $85,108

    • Laurie Rudman (Director)
  • Compensation: $0
  • Related: $388,888
  • Other: $27,072

    • Chad Bianchi (Director)
  • Compensation: $0
  • Related: $217,698
  • Other: $185,530

    • Sean Curtin Mba Cpa (Director)
  • Compensation: $0
  • Related: $324,259
  • Other: $21,350

    • Jim Harris (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $235,591
  • Other: $0

    • Janet Widlansky (Cfo)
  • Compensation: $139,661
  • Related: $0
  • Other: $11,088

    • Michelle Nielson (Executive Di)
  • Compensation: $81,771
  • Related: $0
  • Other: $11,088


  • Official website here: www.cahc.org

    Where can I find the form 990 for Capital Area Health Consortium Inc?

    The Capital Area Health Consortium Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.cahc.org

    Learn more at the official website: www.cahc.org

    Mission Statement of Capital Area Health Consortium Inc

    Capital Area Health Consortium Inc, a crucial inter-institutional forum, aims to bolster collaboration among its member hospitals in the Greater Hartford Capital Region. By fostering this partnership, the organization strives to maintain and enhance the healthcare needs of the area. In addition to this core mission, Capital Area Health Consortium Inc offers supportive services, specifically in the form of salary and employee benefits, for training programs sponsored by the University of Connecticut.

    In practice, the consortium assumes responsibility for managing and coordinating payroll and benefit services for about 700 medical residents. These residents are appointed through the University of Connecticut School of Medicine residency training program and are based in various hospitals. Furthermore, the consortium covers certain operating expenses related to the program. By handling these administrative tasks, the consortium enables hospitals and the university to focus on delivering high-quality healthcare services to their patients. In essence, Capital Area Health Consortium Inc serves as a valuable intermediary, streamlining processes and ensuring the smooth operation of medical residency training programs.

    Impact

    This information is meant to be a general summary of Capital Area Health Consortium Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Capital Area Health Consortium Inc plays a vital role in improving collaboration among member hospitals in the Greater Hartford Capital region to enhance healthcare services. Specifically, the organization manages and coordinates payroll and benefit services for medical residents appointed through the University of Connecticut School of Medicine Residency Training Program to local hospitals. This support extends to approximately 700 medical residents, ensuring their financial and administrative needs are met. Through these efforts, Capital Area Health Consortium Inc contributes to the development and sustainability of high-quality medical training programs, ultimately benefiting the healthcare sector in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $31,703
  • Program Service Revenue: $63,683,590
  • Gross Receipts: $63,920,715

    • Assets and Liabilities:
  • Total Assets: $5,623,812
  • Total Liabilities: $5,021,652
  • Net Assets: $602,160
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MEDICAL RESIDENCY PAYMASTER P

    Revenue

    $59,583,391

    DENTAL RESUDENCY PAYMASTER PR

    Revenue

    $3,718,377

    MANAGEMENT SERVICES INCOME

    Revenue

    $381,822

    Organization Details

    Founding Year

    1974

    Principal Officer

    Michelle Nielson

    Main Address

    270 FARMINGTON AVE SUITE 352, FARMINGTON, CT, 060321909

    NTEE Category

    Code: E21 - Health

    If you are a representative of Capital Area Health Consortium Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.