Business Group on Health

Nonprofit profile at a glance

EIN
521147591
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Washington, DC, USA
Phone
2025583000
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$13,890,942
Expenses
$14,728,088
Assets
$35,817,166
Liabilities
$13,922,032

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

21 people listed

Executive titles in this filing

  • ELLEN KELSAY (PRESIDENT & CEO)
  • CORRIE ZENZOLA (VICE PRESIDENT)
  • GARRETT HOHIMER (VICE PRESIDENT)
  • JENNELLE RUSH (VICE PRESIDENT)
  • MAGDALENA RUSINOWSKI (VICE PRESIDENT)
  • PAMELA RICH (VICE PRESIDENT)

Highest reported compensation

  • ELLEN KELSAY (PRESIDENT & CEO): $1,577,464 total reported compensation
  • JIM WINKLER (CHIEF STRATEGY OFFICER): $780,611 total reported compensation
  • GARRETT HOHIMER (VICE PRESIDENT): $387,500 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To convene employers and health industry stakeholders to address the financing, delivery and affordability experience as they relate to health, well-being and workforce strategy issues.

What it reported doing in 2024

Health innovations consists of four initiatives to help drive market change and advancement.since its inception in 2015 the health innovations forum (hif) has evolved considerably to not only identify and categorize start-ups and innovators but more importantly, to focus on the successful integration of solutions into an employer's ecosystem of vendor solutions. Additionally, hif challenges the vendor and investor communities to innovate holistically to address long standing challenges and gaps in the patient and care delivery experience. The value purchasing committee, a multi-stakeholder group of executive leaders representing employers, health plans and providers, was formed to accelerate the adoption of effective value-based innovations in health care delivery.the leadership forum on employee experience ("leadership forum") is made up of thought leaders, large employers and industry experts. The purpose of the leadership forum is to identify high-impact strategies that enhance employees' experience with their health and wellbeing benefits and programs.the leave optimization forum convenes employers and health industry partners to address shared challenges and opportunities around leave policies and their intersection with health, well-being, and productivity.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 53
  • Transparency & Controls: 89
  • Accountability: 95
  • Sustainability: 32
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 61.9%; rating input score 62
  • Program expense ratio: 54.5%; rating input score 55
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 92.3%; rating input score 92; 25th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -6%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 2.43; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 0.39; rating input score 38; 38th percentile among comparable filings
  • Officer compensation ratio: 30.6%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: 2.6% per year; rating input score 100; 23rd percentile among comparable filings
  • Revenue growth: 2.9% per year; rating input score 100; 25th percentile among comparable filings
  • Asset growth: 4.8% per year; rating input score 100; 34th percentile among comparable filings

Details

  • Where the money goes: 61.9% of revenue deployed · 54.5% of spending went to programs
  • Governance: 12 of 13 board members independent · 9 of 9 filing controls reported
  • Programs: 7 filed program accomplishments · $8M in reported program spending
  • Leadership: top reported pay $1.6M · 21 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.4M reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • Review — Financial Efficiency: Program expense ratio scored 55/100.
  • High — Sustainability: Operating margin scored 15/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 38/100.