Hpi Ramsey
Nonprofit profile at a glance
- EIN
- 411793333
- IRS 990 coverage
- 2010–2023
- Forms available
- Form 990 2023
- Location
- Minneapolis, MN, USA
- Phone
- 9528836584
- Rating confidence
- Limited
- Sector
- Community Health Systems
Reported finances
- Revenue
- $0
- Expenses
- $0
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- MEGAN M REMARK (DIRECTOR & PRESIDENT)
Highest reported compensation
- PENNY CERMAK (DIRECTOR & CHAIR): $1,668,254 total reported compensation
- DELINDA WASHINGTON (DIRECTOR): $1,288,955 total reported compensation
- MEGAN M REMARK (DIRECTOR & PRESIDENT): $1,279,497 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Hpi-ramsey is organized to benefit its related tax-exempt organizations by providing services that include strategic planning and oversight activities.
What it reported doing in 2023
See schedule o - exempt purpose and achievements for a description of program service accomplishments
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 46
- Accountability: 56
- Sustainability: NotEnoughData
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 71.4%; rating input score 71; 0th 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: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 25%; rating input score 25; 18th 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: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: -21.5% per year; rating input score 0; 17th percentile among comparable filings
- Revenue growth: -0.1% per year; rating input score 0; 61st percentile among comparable filings
- Asset growth: 3.6% per year; rating input score 100; 61st percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 1 of 4 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $1.7M · 7 people listed · 0 of 6 pay-setting controls reported
- Consistency: 8 of 10 current checks pass · 2 findings to review
- Schedules: 6 filed schedules · includes executive pay
- Filing history: 13 filing years from 2010 to 2023
- Contacts: How to reach this organization
- Related organizations: 33 filed related-organization links
- 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.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Accountability: Independent voting board scored 25/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.