2025-10-21T14:52:49-05:00 2025-06-30 050409384 KAHN LITWIN RENZA & CO LTD 951 NORTH MAIN STREET PROVIDENCE RI 02904 990 2025-01-01 753059336 RHODE ISLAND QUALITY INSTITUTE RHOD 4012769141 315 IRON HORSE WAY 102 PROVIDENCE RI 02908 INDRA NEIL SARKAR PHD PRESIDENT & CEO 4012744564 2025-10-21 1 1 PATRICK J MARTIN P00283486 4012742001 2024 2025-03-06 01:10:19Z INDRA NEIL SARKAR PHD 315 IRON HORSE WAY 102 PROVIDENCE RI 02908 5680438 0 X WWW.RIQI.ORG X 2001 RI IMPROVE HEALTH AND HEALTH CARE BY PROVIDING TRUSTED DATA AND INFORMATION TO ENABLE THE BEST HEALTH CARE IN RHODE ISLAND THROUGH CONNECTING DATA. 16 15 37 33 0 0 1018121 0 8979102 5601434 0 79004 0 0 9997223 5680438 0 0 0 0 3865275 1308405 0 0 0 6027019 5551320 9892294 6859725 104929 -1179287 8913931 10239590 2690743 5195685 6223188 5043905 X TO REPRESENT EVERY CONSTITUENCY OF HEALTHCARE LEADERSHIP, AS WELL AS HEALTH INSURANCE, CONSUMER AND PUBLIC INTEREST. TO WORK COLLABORATIVELY, COME UP WITH INNOVATIVE SOLUTIONS, CHAMPION CHANGES THROUGHOUT OUR ORGANIZATIONS, AND DEDICATE TIME, MONEY AND EXPERTISE TO IMPROVE THE QUALITY OF HEALTHCARE. 0 0 5261516 5601434 HEALTH INFORMATION EXCHANGE - THIS PROGRAM LEADS A COMMUNITY-BASED EFFORT TO DESIGN, DEVELOP AND CONTINUE ONGOING EXPANSION OF A STATEWIDE HEALTH INFORMATION EXCHANGE (HIE). THE HIE IS A SECURE, CONFIDENTIAL WAY TO MAKE INFORMATION ACCESSIBLE TO APPROPRIATE PARTIES. 31304 INNOVATION - THE GOAL OF THIS PROGRAM AT THE INSTITUTE IS TO BE A TRUSTED ENABLER OF DATA-DRIVEN DECISION-MAKING FOR HEALTH AND HEALTHCARE STATEWIDE. THIS IS ACHIEVED BY SUPPORTING HEALTH AND HIGH QUALITY COST-EFFECTIVE PATIENT AND FAMILY-CENTERED HEALTHCARE, BY DELIVERING ACCURATE COMPREHENSIVE TIMELY REPORTS AND ANALYSES TO DRIVE INFORMED DECISIONS BY THE KEY STAKEHOLDERS IN THE COMMUNITY, INCLUDING PATIENTS, PROVIDERS OF CARE, PAYERS, POLICY MAKERS, AND BUSINESSES. THE PROGRAM MANAGES, AGGREGATES AND TRANSFORMS DISPARATE DATA INTO ACTIONABLE INFORMATION, UNCOVERING PATTERNS, CORRELATIONS AND UNIQUE INSIGHTS CRITICAL TO THE TRANSFORMATION OF THE HEALTHCARE SYSTEM AND SUPPORTING DATA DRIVEN PARADIGMS TO ENABLE THE QUADRUPLE AIM. 5292820 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 21 0 1 37 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 15 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 RI X HOLLY STARK 4012769141 315 IRON HORSE WAY SUITE 102 PROVIDENCE RI 02908 AARON ROBINSON DIRECTOR 2.00 X 0 0 0 CORY KING EX- OFFICIO DIRECTOR 2.00 X 0 0 0 DIANA FRANCHITTO DIRECTOR 2.00 X 0 0 0 INDRA NEIL SARKAR PHD PRESIDENT & CEO 40.00 X X 309178 0 0 JAMES D BERSON CHAIR 2.00 X X 0 0 0 JEANNE LACHANCE SECRETARY/TREASURER 2.00 X X 0 0 0 JOSEPH PERRONI DIRECTOR 2.00 X 0 0 0 MARIE GHAZAL DNP DIRECTOR 2.00 X 0 0 0 MICHAEL SOUZA DIRECTOR 2.00 X 0 0 0 MICHAEL WAGNER MD DIRECTOR 2.00 X 0 0 0 MUKESH JAIN MD DIRECTOR 2.00 X 0 0 0 NOAH BENEDICT CHAIR ELECT, DIRECTOR 2.00 X 0 0 0 PATRICK VIVIER DIRECTOR 2.00 X 0 0 0 PETER M MARINO DIRECTOR 2.00 X 0 0 0 PHILIP BARR DIRECTOR 2.00 X 0 0 0 RICHARD CHAREST EX-OFFICIO DIRECTOR 2.00 X 0 0 0 RICHARD GAMACHE DIRECTOR 2.00 X 0 0 0 TIMOTHY ARCHER DIRECTOR 2.00 X 0 0 0 HOLLY STARK SENIOR DIRECTOR FINANCE & OPERATIONS 40.00 X 172473 0 16413 HARI RONGALI HEALTH DATA ENGINEER II 40.00 X 140711 0 0 JAKOB MACK MANAGER, CLIENT SERVICES 40.00 X 111355 0 4454 NICOLE CHESCHI CONTROLLER 40.00 X 121305 0 20074 SCOTT YOUNG CHIEF STRATEGY OFFICER 40.00 X 161322 0 22185 WEI-CHANG WANG PROJECT MANAGER 40.00 X 126525 0 28862 1142869 0 91988 10 0 1 1 TIERPOINT LLC 12444 POWERHOUSE DR SUITE450 ST LOUIS MT 63131 IT & DATA CENTER SERVICES 671859 INTERSYSTEMS CORPORATION 1 MEMORIAL DR CAMBRIDGE MA 02142 IT CONSULTING 200882 GARDNER 110 CEDAR ST SUITE 300 WELLESLEY MA 02481 TEMP SERVICES 192704 COMPASS IT COMPLIANCE LLC 2 ASYLUM RD NORTH PROVIDENCE RI 02904 IT SECURITY, COMPLIANCE, AND RISK MANAGE 131080 J2 INTERACTIVE LLC 2 THIRTEENTH ST CHARLESTOWN MA 02129 APPLICATION SERVICES 124760 5 CONTRACT REVENUE 541900 5212936 5212936 FEE FOR SERVICE 541900 351029 351029 OTHER REVENUE 541900 37469 37469 5601434 79004 79004 5680438 5601434 0 79004 83785 83785 915471 514717 400754 29459 14370 15089 193491 78247 115244 86199 59779 26420 387406 92167 295239 36190 36190 244382 11650 232732 15645 73 15572 4345427 4226004 119423 137120 89159 47961 15633 15633 1495 1495 9924 9924 22084 14860 7224 TEMPORARY HELP 232733 166565 66168 CREDIT LOSS EXPENSE 54013 54013 BUSINESS & MISC EXPENSE 30249 15937 14312 COMMUNICATIONS 16315 9292 7023 2704 2704 6859725 5292820 1566905 0 4084284 7165524 2697654 1327718 375205 113878 2515577 2447548 77953 68029 1678835 1564441 8913931 10239590 394643 3522740 556732 37038 1739368 1635907 2690743 5195685 X 6223188 5043905 6223188 5043905 8913931 10239590 -1179287 4 0 X X 0 1 X 1 0 X 2602109 4462395 801737 1018121 0 8884362 6985349 6392326 8704966 8979102 15362087 46423830 9587458 10854721 9506703 9997223 15362087 55308192 0 0 0 55308192 121668 121668 121668 121668 9587458 10854721 9506703 9997223 15483755 55429860 0.99780 0.99970 0.00220 X FORM 990, SCHEDULE A, PART III THE ORGANIZATION CHANGED ITS ACCOUNTING PERIOD FOR 2025 FROM CALENDAR YEAR TO FISCAL YEAR WHICH BEGAN ON 01/01/2025 AND ENDS ON 06/30/2025. 0 0 0 6859725 6859725 492986 123247 0 0 597297 622554 644615 492986 2357452 3536178 25000 25000 25000 75000 149324 155639 161154 123247 589364 884046 PART 11-A, LINE 1B, LOBBYING ACTIVITIES: THE INSTITUTE DID NOT HAVE ANY LOBBYING EXPENDITURES FOR THE FISCAL YEAR. 200316 189155 11161 2315261 2258393 56868 68029 RIGHT-OF-USE ASSETS - OPERATING LEASES 1546526 DEPOSITS 17915 1564441 OPERATING LEASES PAYABLE, LESS CURRENT PORTION 1635907 1635907 X 5680438 0 5680438 0 5680438 6859725 0 6859725 0 6859725 PART X, LINE 2: THE INSTITUTE IS A PUBLIC CHARITY EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT BELIEVES THAT THE INSTITUTE OPERATES IN A MANNER CONSISTENT WITH THE INSTITUTE'S TAX-EXEMPT STATUS AT BOTH THE FEDERAL AND STATE LEVEL. THE INSTITUTE ANNUALLY FILES IRS FORM 990 - RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, REPORTING VARIOUS INFORMATION THAT THE IRS USES TO MONITOR THE ACTIVITIES OF TAX-EXEMPT ENTITIES. THESE INFORMATIONAL TAX RETURNS ARE SUBJECT TO REVIEW BY THE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. THE INSTITUTE CURRENTLY HAS NO TAX EXAMINATIONS IN PROGRESS. X X X 0 0 0 0 0 0 0 0 0 INDRA NEIL SARKAR PHD PRESIDENT & CEO 309178 0 0 0 0 0 0 0 0 0 309178 0 0 0 HOLLY STARK SENIOR DIRECTOR FINANCE & OPERATIONS 172473 0 0 0 0 0 6983 0 9430 0 188886 0 0 0 SCOTT YOUNG CHIEF STRATEGY OFFICER 161322 0 0 0 0 0 0 0 22185 0 183507 0 0 0 WEI-CHANG WANG PROJECT MANAGER 126525 0 0 0 0 0 3905 0 24957 0 155387 0 0 0 PART I, LINE 7 AS PART OF THE ANNUAL COMPENSATION REVIEW FOR THE TOP EXECUTIVE OF THE ORGANIZATION, THE BOARD HAS CHOSEN TO PAY AN INCENTIVE COMPENSATION PAYMENT. THIS AMOUNT INCREASES THE COMPENSATION TO AN AMOUNT THE BOARD BELIEVES IS JUSTIFIED BY THE CURRENT SIZE, COMPLEXITY AND PERFORMANCE OF THE ORGANIZATION. PART VII, SECTION A, LINE 5: THE INSTITUTE REIMBURSED BROWN UNIVERSITY $242,095 FOR SERVICES RENDERED BY THE CEO AND PRESIDENT ON BEHALF OF THE INSTITUTE. FORM 990, PART VI, SECTION A, LINE 2 MUKESH JAIN, DEAN OF MEDICINE AND BIOLOGICAL SCIENCES AT BROWN UNIVERSITY HAS A RELATIONSHIP WITH RIQI PRESIDENT & CEO, INDRA NEIL SARKAR, WHOM TEACHES AT BROWN UNIVERSITY AND REPORTS TO HIM IN HIS TEACHING CAPACITY. THE SPOUSE OF INDRA NEIL SARKAR, PRESIDENT AND CEO OF RIQI, IS ON MUTUAL FEDERAL GRANTS OF WHICH RIQI AND BROWN UNIVERSITY ARE BOTH NAMED. FORM 990, PART VI, SECTION B, LINE 11B THE PROCESS FOR 990 FORM APPROVAL INVOLVES EXTERNAL AUDIT PREPARATION AND SUBSEQUENT REVIEW BY MANAGEMENT. THE FORM 990 IS SENT TO THE AUDIT AND COMPLIANCE COMMITTEE FOR REVIEW AND APPROVAL. ANY CHANGES TO THE FORM 990 ARE MADE AS NECESSARY. THE COMMITTEE RECOMMENDS THE FORM 990 TO THE BOARD (THEY RECEIVE A COPY PRIOR TO THE BOARD MEETING) FOR FINAL APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES. THESE PEOPLE ARE ASKED TO REVIEW THE POLICY AND SIGN A STATEMENT INDICATING THAT THEY UNDERSTAND THE POLICY AND HAVE REPORTED ALL POTENTIAL CONFLICTS DURING THE PAST YEAR IN ACCORDANCE WITH THE POLICY AND WILL REPORT ALL POTENTIAL CONFLICTS DURING THE COMING YEAR. ALL POTENTIAL CONFLICTS ARE EVALUATED BY THE BOARD TO DETERMINE IF A CONFLICT ACTUALLY EXISTS. IN THOSE INSTANCES WHERE THE POTENTIAL TRANSACTION IS A CONFLICT, THE BOARD EXAMINES THE TRANSACTION AND A VOTE IS TAKEN (WITH THOSE INVOLVED RECUSING THEMSELVES) AS TO WHETHER THE ORGANIZATION WILL ENTER INTO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY THE BOARD CONDUCTS A PERFORMANCE REVIEW AND EVALUATION OF THE CHIEF EXECUTIVE OFFICER. THE REVIEW ALSO ESTABLISHES THE INDIVIDUAL'S COMPENSATION FOR THE FOLLOWING YEAR. THIS PROCESS INVOLVES THE EVALUATION OF THE INDIVIDUAL AND A REVIEW OF COMPENSATION OF COMPARABLE POSITIONS OBTAINED FROM AN INDEPENDENT COMPENSATION CONSULTANT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BY-LAWS), ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE ORGANIZATION WILL MAIL COPIES UPON REQUEST OR PROVIDE COPIES TO THOSE WHO COME TO THE ADMINISTRATIVE OFFICE DURING NORMAL BUSINESS HOURS. THE ORGANIZATION CHARGES FOR THE COPIES IN ACCORDANCE WITH IRS REGULATIONS. FORM 990, PART XII LINE 2C: THE ORGANIZATION DID NOT CHNAGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.