Skip to content
Nonprofiteer
← CYNCHEALTH FOUNDATION INC

Form 990 for tax year 2023

Filed by CYNCHEALTH FOUNDATION INC.

Totals

Total revenue
-$12,615
Total expenses
$3,164,228
Contributions and grants received
$0
Grants paid
$3,108,781
Program service revenue
$0
Investment income
-$12,615
Other revenue
$0
Total assets, end of year
$2,048,324
Total liabilities, end of year
$330,078
Net assets or fund balances, end of year
$1,718,246
Program services expenses (Part IX)
$3,155,059
Management and general expenses
$9,169
Fundraising expenses
$0
Program service expenses (Part III)
$3,155,059

Program services were 99.7% 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.

  • 3 · Investment income

    total $88,958 · excluded $88,958

  • 7a · Gross sales of assets other than inventory

    securities $1,533,225

  • 7b · Less cost or other basis and sales expenses

    securities $1,634,798

  • 7c · Gain or loss

    securities -$101,573

  • 7d · Net gain or loss

    total -$101,573 · excluded -$101,573

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,108,781 · program services $3,108,781

  • 12 · Advertising and promotion

    total $2,213 · management and general $2,213

  • 14 · Information technology

    total $2,441 · management and general $2,441

  • 17 · Travel

    total $96 · management and general $96

  • 23 · Insurance

    total $3,310 · management and general $3,310

  • 24a · Other expenses: PROFESSIONAL SERVICES

    total $46,278 · program services $46,278

  • 24b · Other expenses: MISCELLANEOUS

    total $932 · management and general $932

  • 24c · Other expenses: OFFICE SUPPLIES

    total $177 · management and general $177

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $17,323 · end of year $75,870

  • 4 · Accounts receivable

    beginning of year $2,500 · end of year $292

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,650 · end of year $2,848

  • 12 · Investments: other securities

    beginning of year $5,482,997 · end of year $1,969,314

  • 18 · Grants payable

    beginning of year $2,854,100

  • 19 · Deferred revenue

    end of year $292

  • 25 · Other liabilities

    beginning of year $364,997 · end of year $329,786

  • 27 · Net assets without donor restrictions

    beginning of year -$677,141 · end of year -$1,246,268

  • 28 · Net assets with donor restrictions

    beginning of year $2,964,514 · end of year $2,964,514

Mission and programs · 2023

Mission

CYNCHEALTH FOUNDATION, INC.'S MISSION IS TO RAISE FUNDS FOR THE SECURE EXCHANGE AND USE OF HEALTH CARE INFORMATION THROUGHOUT THE STATE OF NEBRASKA TO IMPROVE THE QUALITY AND ACCESS OF HEALTHCARE TO THE COMMUNITY WHILE REDUCING HEALTH CARE COSTS.

Activities or mission (Part I)

CYNCHEALTH FOUNDATION, INC.'S MISSION IS TO RAISE FUNDS FOR SECURE EXCHANGE AND USE OF HEALTH CARE DATA THROUGHOUT THE STATE OF NEBRASKA TO IMPROVE THE QUALITY AND ACCESS OF HEALTHCARE TO THE COMMUNITY WHILE REDUCING HEALTH CARE COSTS.

  • CYNCHEALTH FOUNDATION, INC (FKA NEHII FOUNDATION, INC.) (FOUNDATION) WAS FORMED IN 2019 AND WAS CREATED TO SUPPORT NEBRASKA HEALTHCARE INFORMATION INITIATIVE, INC (DBA CYNCHEALTH) AND NEBRASKA HEALTHCARE COLLABORATIVE BY PROVIDING FUNDING FOR HEALTHCARE-RELATED, EDUCATIONAL AND SCIENTIFIC ACTIVITIES FOR THE IMPROVEMENT OF, AND ACCESS TO, HEALTHCARE THROUGHOUT NEBRASKA AND SURROUNDING AREAS.

    Expenses $3,155,059 · Grants $3,108,781

As filed on the 2023 return.

Listed in Part VII

  • Lindsey Rai Kortan

    DIRECTOR (AS OF 12/1/23)

    Total calculated
    $0
    Hours/week
    2

  • Jeremy Eschliman

    DIRECTOR (AS OF 6/2/23)

    Total calculated
    $0
    Hours/week
    2

  • Stephanie Daubert

    VP, SECRETARY & TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Dr Michael White

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.25

  • Dr Jaime Bland

    DIRECTOR & CEO

    Total calculated
    $411,188
    From this org
    $0
    From related orgs
    $397,440
    Other
    $13,748
    Hours/week
    1.25 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $312,040 related
    Bonus
    $0 + $78,500 related
    Other
    $0 + $6,900 related
    Deferred
    $0 + $12,876 related
    Nontaxable benefits
    $0 + $872 related
    Filer's total
    $0 + $411,188 related

  • Aja Anderson

    DIRECTOR (AS OF 6/2/23)

    Total calculated
    $0
    Hours/week
    1.25

  • Bob Rauner

    DIRECTOR (AS OF 6/2/23)

    Total calculated
    $0
    Hours/week
    1.25

  • Ruth Freed

    DIRECTOR (THRU 3/3/23)

    Total calculated
    $0
    Hours/week
    1.25

  • Dr Ali Khan

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1.25

  • Lorraine Egger

    CFO

    Total calculated
    $306,771
    From this org
    $0
    From related orgs
    $276,199
    Other
    $30,572
    Hours/week
    1.25 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $257,299 related
    Bonus
    $0 + $18,000 related
    Other
    $0 + $900 related
    Deferred
    $0 + $10,536 related
    Nontaxable benefits
    $0 + $20,036 related
    Filer's total
    $0 + $306,771 related

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
  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee

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

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

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CYNCHEALTH ADVISORS INC

    C · HEALTHCARE ADVISORY · NE

    Directly controlled by NEHII INC

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202423209349311637

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

The source document this was parsed from is served over the API, which is where bulk and document access live.