The Wedi Foundation

Nonprofit profile at a glance

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

5 people listed

ROBERT TENNANT (Executive Director BEG. 2/25): $225,000 total reported compensation
CHARLES STELLAR (PRESIDENT & CEO THRU 2/25): $199,651 total reported compensation
NANCY SPECTOR (DIRECTOR): $125,000 total reported compensation

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

The wedi foundation is a supporting organization for the workgroup for electronic data interchange.

Development of and publishing of report: closing gaps in care through health data exchange.

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 available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

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: Limited
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
Governance controls: 4 of 9 controls in place; rating input score 50
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Limited
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Operating margin: Limited
Total-asset coverage ratio: 15.12; rating input score 75; 75th percentile among comparable filings
Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
Officer compensation ratio: 785.4%; rating input score 0; 0th percentile among comparable filings

Program expense growth: -41% per year; rating input score 0; 8th percentile among comparable filings
Revenue growth: -23.7% per year; rating input score 0; 17th percentile among comparable filings
Asset growth: -4.3% per year; rating input score 0; 21st percentile among comparable filings

Where the money goes: 0% of spending went to programs
Governance: 3 of 3 board members independent · 4 of 9 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $225K · 5 people listed · 0 of 6 pay-setting controls reported
Consistency: 12 of 12 current checks pass
Schedules: 5 filed schedules · includes executive pay
Filing history: 13 filing years from 2013 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.

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