Island Peer Review Organization Inc
81% goes to programs Strong reserves Growing revenue
Island Peer Review Organization Inc is a 501(c)(3) organization based in Jericho, New York, registered in 1984, with $105,561,912 in FY2023 revenue. CharityIndex grades it A, and it directs about 81% of spending to programs.
300 Jericho Quadrangle, Jericho, NY, 11753 EIN 11-2662689 Since 1984
Revenue (FY2023)
$105.6M
▲ 26.9% vs prior year
Public Benefit median: $140K
Expenses (FY2023)
$94.6M
Net assets
$61.3M
Employees
438
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating81% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Island Peer Review Organization Inc: 81% to programs earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · +10% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Island Peer Review Organization Inc: 8 mo reserves · +10% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Island Peer Review Organization Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Island Peer Review Organization Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Ipro is a not-for-profit organization that engages in health care review, assessment, and quality improvement activities under contract to federal, state, and private payers.
Contact & location
- Address
- 300 Jericho Quadrangle, Jericho, NY, 11753
- City
- Jericho
- State
- New York
- Category
- Public & Societal Benefit
- Subcategory
- Government & Public Administration
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $67.1M (FY2013) to $105.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $39.8MNet assets $61.3M
Operating margin
10.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$101.0M
Total liabilities
$39.8M
Net assets
$61.3M
Salaries & benefits
$50.7M
54% of expenses
Board members
15
15 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $105,561,912▲26.9% | $94,556,495▲18.4% | $61,251,926▲21.9% | $101,035,416▲35.0% | 990 |
| 2022 | $83,195,802▲22.6% | $79,889,347▲20.6% | $50,246,509▲7.0% | $74,844,323▲22.9% | 990 |
| 2021 | $67,872,419▼2.5% | $66,228,781▲0.1% | $46,940,054▲3.6% | $60,921,112▲2.8% | 990 |
| 2020 | $69,591,386▲4.4% | $66,160,102▲2.9% | $45,296,416▲8.2% | $59,283,462▲5.7% | 990 |
| 2019 | $66,657,716▲2.9% | $64,304,580▼0.2% | $41,865,132▲6.0% | $56,091,056▲5.9% | 990 |
| 2018 | $64,755,714▲1.4% | $64,424,702▼1.6% | $39,511,996▲0.8% | $52,945,236▲0.2% | 990 |
| 2017 | $63,831,601▼20.6% | $65,496,136▼12.6% | $39,180,984▼4.1% | $52,846,543▼6.0% | 990 |
| 2016 | $80,422,369▼0.5% | $74,958,946▲2.5% | $40,845,519▲15.4% | $56,226,245▲12.7% | 990 |
| 2015 | $80,809,360▲12.5% | $73,147,796▲8.8% | $35,382,096▲27.6% | $49,897,940▲19.5% | 990 |
| 2014 | $71,802,756▲7.0% | $67,247,734▲3.8% | $27,720,532▲19.7% | $41,764,137▲18.3% | 990 |
| 2013 | $67,078,008 | $64,773,041▲7.5% | $23,165,510▲11.0% | $35,309,628▲8.1% | 990 |
| 2012 | — | $60,268,992▲3.4% | $20,860,543▲4.2% | $32,677,014▲9.2% | 990 |
| 2011 | — | $58,313,962▼5.1% | $20,028,616▲4.3% | $29,929,273▲1.2% | 990 |
| 2010 | — | $61,429,120▲4.4% | $19,196,346▲5.2% | $29,569,229▲6.3% | 990 |
| 2009 | — | $58,859,662 | $18,245,788 | $27,821,603 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Theodore O Will — $759,913 (0.80% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Theodore O Will | Chief Executive Officer | 42 | $759,913 |
| Harry M Feder Sr Vice | President & Coo Thru Jan 2024 | 40 | $607,971 |
| Clare Bradley Pollet Md | Sr. Vice President & Cmo | 40 | $503,723 |
| Edison A Machado Jr Md | Sr. Vice President & Cso | 40 | $376,402 |
| Alan Woghin | Sr. Vice President & Cfo | 40 | $351,266 |
| Herman A Jenich | Sr. Vice President & Cd & Ad | 40 | $345,594 |
| Virginia A Hill | Vice President, Managed Ca | 40 | $315,557 |
| Richard A Alfieri | Vice President & Cio | 40 | $304,252 |
| Patricia J Gagliano Md | Vice President, Healthcare | 40 | $277,261 |
| Susan E Caponi | Vice President, Esrd | 40 | $271,503 |
| Tierre A Jeanne-porter | Assoc. Vice President | 40 | $262,214 |
| Jennifer N Edwards | Assoc. Vice President | 40 | $257,370 |
| Matthew W Roberts | Vice President, State Heal | 40 | $251,225 |
| Frank N Matthes | Assistant Vice President | 40 | $244,962 |
| Monty M Bodenheimer Md | Medical Director | 32 | $229,546 |
| David A Zona | Sr. Director | 40 | $224,029 |
| John A Friedman Md | President | 0.62 | $10,275 |
| Paul J Rowland | Treasurer | 0.47 | $7,175 |
| Stuart B Almer | Director | 0.39 | $5,950 |
| Raymond D Sweeney | Vice President | 0.3 | $5,600 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Healthcentric Advisors | Quality Improvement | $5,481,566 |
| Precision Receivable Services LLC | Healthcare Mgmt. Consulting | $3,077,540 |
| Qlarant | Quality Improvement | $3,045,988 |
| Teamhealth | Clinical Practice Mgmt | $2,043,700 |
| Real Time Medical Systems LLC | Interventional Analytics | $1,840,000 |
Grants received · $9,616 total
1 grant to Island Peer Review Organization Inc totaling $9,616, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Emory University | Research/subcontract | 2019 | $9,616 |
Grants made · $20K in FY2023
1 grant totaling $20K in FY2023. All grants made by Island Peer Review Organization Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| United Hospital Fund of New York | To support building a more effective health care system for every new yorker and to support the annual gala. | $20,000 |
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Frequently asked questions
- Is Island Peer Review Organization Inc a legitimate nonprofit?
- Yes. Island Peer Review Organization Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 11-2662689, based in Jericho, New York. Donations are tax-deductible.
- What is Island Peer Review Organization Inc's EIN?
- Island Peer Review Organization Inc's Employer Identification Number (EIN) is 11-2662689.
- How much revenue does Island Peer Review Organization Inc report?
- Island Peer Review Organization Inc reported $105,561,912 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Island Peer Review Organization Inc's spending goes to programs?
- Island Peer Review Organization Inc spends about 81% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Island Peer Review Organization Inc have?
- CharityIndex grades Island Peer Review Organization Inc A, based on program efficiency and fundraising cost.
- How much does Island Peer Review Organization Inc's highest-paid employee make?
- The highest reported compensation on Island Peer Review Organization Inc's latest Form 990 is $759,913, paid to Theodore O Will (Chief Executive Officer).
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Data for Island Peer Review Organization Inc (EIN 11-2662689) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.