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Nonprofiteer
← ANESTHESIA QUALITY INSTITUTE

Form 990 for tax year 2023

Filed by ANESTHESIA QUALITY INSTITUTE.

Totals

Total revenue
$2,413,428
Total expenses
$2,738,630
Contributions and grants received
$328,637
Grants paid
$0
Program service revenue
$2,073,541
Investment income
$0
Other revenue
$11,250
Total assets, end of year
$284,268
Total liabilities, end of year
$187,619
Net assets or fund balances, end of year
$96,649
Program services expenses (Part IX)
$2,447,250
Management and general expenses
$291,380
Fundraising expenses
$0
Program service expenses (Part III)
$2,447,250

Program services were 89.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $328,637

  • 2a · Program service revenue: PARTICIPATION FEES

    total $1,164,785 · related or exempt $1,164,785

  • 2b · Program service revenue: SUBSCRIPTION REVENUE

    total $662,850 · related or exempt $662,850

  • 2c · Program service revenue: PRODUCT ROYALTIES

    total $245,906 · related or exempt $245,906

  • 11a · Other revenue: LICENSING FEES

    total $11,250 · related or exempt $11,250

  • 11e · Other revenue, total

    $11,250

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $178,114 · program services $140,710 · management and general $37,404

  • 7 · Other salaries and wages

    total $782,030 · program services $617,801 · management and general $164,229

  • 8 · Pension plan contributions

    total $88,436 · program services $69,865 · management and general $18,571

  • 9 · Other employee benefits

    total $150,569 · program services $118,950 · management and general $31,619

  • 10 · Payroll taxes

    total $60,328 · program services $47,660 · management and general $12,668

  • 11b · Fees: legal

    total $2,794 · program services $2,710 · management and general $84

  • 11c · Fees: accounting

    total $16,352 · program services $15,859 · management and general $493

  • 11g · Fees: other

    total $56,176 · program services $46,688 · management and general $9,488

  • 13 · Office expenses

    total $8,803 · program services $8,461 · management and general $342

  • 14 · Information technology

    total $6,078 · program services $5,895 · management and general $183

  • 16 · Occupancy

    total $54,352 · program services $52,237 · management and general $2,115

  • 17 · Travel

    total $6,063 · program services $955 · management and general $5,108

  • 22 · Depreciation, depletion and amortization

    total $9,076 · management and general $9,076

  • 23 · Insurance

    total $19,459 · program services $19,459

  • 24a · Other expenses: QCDR SUBSCRIPTION FEES

    total $1,300,000 · program services $1,300,000

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $408,710 · end of year $163,661

  • 4 · Accounts receivable

    beginning of year $69,239 · end of year $38,425

  • 10a · Land, buildings and equipment: cost or other basis

    $596,722

  • 10b · Land, buildings and equipment: accumulated depreciation

    $592,630

  • 10c · Land, buildings and equipment, net

    beginning of year $13,168 · end of year $4,092

  • 15 · Other assets

    beginning of year $126,910 · end of year $78,090

  • 25 · Other liabilities

    beginning of year $196,176 · end of year $187,619

  • 27 · Net assets without donor restrictions

    beginning of year $11,851 · end of year $96,649

  • 28 · Net assets with donor restrictions

    beginning of year $410,000 · end of year $0

Mission and programs · 2023

Mission

THE AQI'S MISSION IS TO DEVELOP AND MAINTAIN AN ONGOING REGISTRY OF ANESTHESIA CASES AND OUTCOMES TO HELP ANESTHESIOLOGISTS ASSESS AND IMPROVE PATIENT CARE.

Activities or mission (Part I)

THE AQI'S MISSION IS TO DEVELOP AND MAINTAIN AN ONGOING REGISTRY OF ANESTHESIA CASES AND OUTCOMES TO HELP ANESTHESIOLOGISTS ASSESS AND IMPROVE PATIENT CARE. THE AQI IS AGGREGATING ELECTRONIC ANESTHESIA CASE DATA AND REPORTING IT BACK TO CONTRIBUTING PRACTICES, ALLOWING THEM TO BENCHMARK THEIR CARE RELATIVE TO PEER GROUPS AND OTHER HOSPITALS.

  • THE NATIONAL ANESTHESIA CLINICAL OUTCOMES REGISTRY (NACOR) IS DESIGNATED AS A QUALIFIED REGISTRY (QR) AND QUALIFIED CLINICAL DATA REGISTRY (QCDR) BY THE CENTERS FOR MEDICARE & MEDICAID SERVICES. WITH MILLIONS OF CASES AND GROWING, NACOR'S CLINICAL DATA INFORMS TREATMENT CHOICES AND HELPS CONTROL TREATMENT COSTS. NACOR IS OPERATED AND MAINTAINED BY AQI, WITH DATA WAREHOUSING AND ANALYTICS PROVIDED BY AN OUTSIDE VENDOR WITH AQI'S OVERSIGHT. NACOR PROVIDES CUSTOM CONTINUOUS PERFORMANCE MONITORS, GAP ANALYSIS AND PATIENT OUTLIER IDENTIFICATION, PEER-TO-PEER BENCHMARKS, ETC. IN ADDITION, NACOR SENDS QR AND QCDR DATA TO CMS ON BEHALF OF NACOR PRACTICES ELECTING TO PARTICIPATE IN QUALITY REPORTING.

    Expenses $1,616,116 · Revenue $1,827,635

  • THE CLOSED CLAIMS PROJECT IS DEDICATED TO THE SCIENTIFIC STUDIES OF ADVERSE ANESTHETIC OUTCOMES AND STUDIES OF MALPRACTICE CLAIMS AGAINST ANESTHESIOLOGISTS. THE PROJECT HAS OVER 10,000 CLAIMS FOR EVENTS FROM 1970-PRESENT. THE PROJECT WORKS TO IDENTIFY MAJOR SAFETY CONCERNS, PATTERNS OF INJURY AND STRATEGIES FOR IMPROVING PATIENT SAFETY BY ANESTHESIOLOGISTS WORKING IN PAIN MANAGEMENT, OPERATING ROOMS, LABOR FLOORS, REMOTE LOCATIONS AND CRITICAL CARE.

    Expenses $99,995

  • ALL OTHER PROGRAM RELATED SERVICES.

    Expenses $731,139 · Revenue $257,156

As filed on the 2023 return.

Listed in Part VII

  • Randall Clark

    CHAIR

    Total calculated
    $0
    Hours/week
    5 + 20 related
  • Crystal Wright

    TREASURER

    Total calculated
    $0
    Hours/week
    5 + 5 related
  • Sheila Barnett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lois A Connolly

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Patrick J McCormick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mark Deshur

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Patrick Guffey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Paul Pomerantz

    EX OFFICIO

    Total calculated
    $874,555
    From this org
    $0
    From related orgs
    $785,762
    Other
    $88,793
    Hours/week
    1 + 70 related

    Schedule J breakdown matched by us

    Base
    $0 + $657,080 related
    Bonus
    $0 + $128,682 related
    Other
    $0
    Deferred
    $0 + $74,820 related
    Nontaxable benefits
    $0 + $13,973 related
    Filer's total
    $0 + $874,555 related
  • Lisa Steininger

    CHIEF FINANCIAL OFFICER

    Total calculated
    $485,391
    From this org
    $0
    From related orgs
    $408,395
    Other
    $76,996
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $369,500 related
    Bonus
    $0 + $38,895 related
    Other
    $0
    Deferred
    $0 + $42,900 related
    Nontaxable benefits
    $0 + $34,096 related
    Filer's total
    $0 + $485,391 related
  • Marc Bernstein

    AQI CEO

    Total calculated
    $374,691
    From this org
    $303,007
    From related orgs
    $0
    Other
    $71,684
    Hours/week
    25 + 25 related

    Schedule J breakdown matched by us

    Base
    $276,662
    Bonus
    $26,345
    Other
    $0
    Deferred
    $38,449
    Nontaxable benefits
    $33,235
    Filer's total
    $374,691
  • Hubert Kordylewski

    AQI SYSTEMS ARCHITECT

    Total calculated
    $197,229
    From this org
    $149,180
    From related orgs
    $0
    Other
    $48,049
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $149,180
    Bonus
    $0
    Other
    $0
    Deferred
    $15,727
    Nontaxable benefits
    $32,322
    Filer's total
    $197,229
  • Gerard M Tarafa

    AQI SR. COMPLIANCE MANAGER

    Total calculated
    $183,214
    From this org
    $141,892
    From related orgs
    $0
    Other
    $41,322
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $141,892
    Bonus
    $0
    Other
    $0
    Deferred
    $18,430
    Nontaxable benefits
    $22,892
    Filer's total
    $183,214
  • Benjamin Westlake

    AQI SR. APP DEVELOPER MANA

    Total calculated
    $172,138
    From this org
    $141,636
    From related orgs
    $0
    Other
    $30,502
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $141,636
    Bonus
    $0
    Other
    $0
    Deferred
    $18,488
    Nontaxable benefits
    $12,014
    Filer's total
    $172,138

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
COMPENSATION REVIEW PROCEDURES FOR THE CHIEF EXECUTIVE OFFICER, THE CHIEF FINANCIAL OFFICER AND AQI EXECUTIVE ARE PERFORMED BY A RELATED ORGANIZATION, ASA. OUTSIDE COMPENSATION EXPERTS ARE UTILIZED REGARDING BENCHMARKING THE POSITIONS. THE PRESIDENT AND THE PRESIDENT-ELECT OF ASA MAKE DECISIONS ON ANY MERIT INCREASE FOR THE CHIEF EXECUTIVE OFFICER, THE CHIEF FINANCIAL OFFICER, AND THE CHIEF QUALITY OPERATIONS OFFICER OF AQI.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
30 October 2024
IRS schema version
2023v5.1
Source object
202433059349300848

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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