Altair Aco

Nonprofit profile at a glance

EIN
873063996
IRS 990 coverage
2022–2025
Forms available
Form 990 2025
Location
St Paul, MN, USA
Phone
6512872590
Rating
61
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Home Health Care

Reported finances

Revenue
$740,576
Expenses
$708,938
Assets
$403,085
Liabilities
$245,748

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • GEORGE KLAUSER (CEO)

Highest reported compensation

  • GEORGE KLAUSER (CEO): $269,076 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Altair aco's charitable mission is accomplished when its members improve their services to persons with disabilities. Altair aco's members work together to create new and innovative models for serving persons with disabilities.

What it reported doing in 2025

Beginning with six organizations focused on people with intellectual and/or developmental disabilities (i/dd), altair was incorporated as a non-profit with 14 members in january 2022. Altair aco reaches 35% of all individuals in the state on waivered services and supports over 20,000 individuals with disabilities statewide in Minnesota. In addition to the combined 950 years of experience that altair members have serving people with intellectual and/or developmental disabilities (i/dd), altair as an entity has ten years of experience innovating new models of service to help the people we serve live as independently as possible.altair aligns health and social services by serving as a coordinating mechanism responsible for managing collaboration across organizations and services for people with disabilities, creates quality measurement and data-sharing tools to track outcomes and exchange information, and finally it incorporates new payment and financing methods. The state of mn (dhs) sits at the table with altair as we develop value-based models that will bring new revenues to providers and advantages for expanding person centered delivery systems within the new waiver reimagine programs. Altair has embedded pharmacy mtm practices into our baseline practices, negotiated per member/per month contracts with health entities resulting in payments directly to our members/providers projected to be $2m in 2023 and $5m project to date.

Operating model

Revenue model
Membership-supported. 86% of the money available for current operations came from membership dues.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 51
  • Transparency & Controls: 65
  • Accountability: 71
  • Sustainability: 35
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 56.6%; rating input score 57
  • Program expense ratio: 59.1%; rating input score 59
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 94.4%; rating input score 94; 28th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 4.3%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 0.57; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0.61; rating input score 10; 10th percentile among comparable filings
  • Officer compensation ratio: 7.4%; rating input score 45; 45th percentile among comparable filings

Growth

  • Program expense growth: 8.5% per year; rating input score 100; 52nd percentile among comparable filings
  • Revenue growth: 0.4% per year; rating input score 100; 12th percentile among comparable filings
  • Asset growth: 8.4% per year; rating input score 100; 50th percentile among comparable filings

Details

  • Where the money goes: 56.6% of revenue deployed · 59.1% of spending went to programs
  • Governance: 17 of 18 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $419K in reported program spending
  • Leadership: top reported pay $269K · 17 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 24 of 24 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 57/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Financial Efficiency: Program expense ratio scored 59/100.
  • Moderate — Accountability: Governance controls: 5 of 8 not reported.
  • Moderate — Sustainability: Operating margin scored 43/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • High — Sustainability: Liabilities to assets ratio scored 10/100.
  • Moderate — Sustainability: Officer compensation ratio scored 45/100.