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EIN 27-0373299

Institute for Healthcare Optimization (IHO)

IRS 501(c) type
501(c)(3)
Num. employees
5
City
Bedford
State
Massachusetts
Year formed
2009
Most recent tax filings
2023-04-01
NTEE code, primary
E31: Group Health Practice
Description
The mission of the Institute is to serve as a catalyst and to provide a vehicle for spreading the application of operations management and patient flow variability management techniques across the broader hospital community.
Total revenues
$1,049,197
2023
Total expenses
$1,206,131
2023
Total assets
$954,029
2023
Num. employees
5
2023

Program areas at IHO

Research and develop tools for application of operations management to Healthcare delivery including applied research under contracts with hospitals.
Disseminating knowledge on successful application efforts.
Educating and training Healthcare personnel on theory and application of scientific management methodologies.

Personnel at IHO

NameTitleCompensation
Meng H. KangVice President$145,050
Sandeep GreenSenior Vice President
Eugene LitvakPresident$25,770
Amy Parrella Clerk Appt23 and Executive Assistant$41,730
Hakmeng Kang Clerk VpStrategic PRTNRSH$98,272
...and 4 more key personnel

Financials for IHO

RevenuesFYE 04/2023
Total grants, contributions, etc.$1,049,056
Program services$0
Investment income and dividends$141
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,049,197

Form 990s for IHO

Fiscal year endingDate received by IRSFormPDF link
2023-042024-03-14990View PDF
2022-042023-03-15990View PDF
2021-042022-03-15990View PDF
2020-042021-04-14990View PDF
2019-042021-01-21990View PDF
...and 8 more Form 990s
Data update history
May 26, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 21, 2024
Updated personnel
Identified 3 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 17, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 15, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
ClinicsHealth organizationsResearch centers
Issues
Science and technologyHealthPublic policy
Characteristics
Conducts researchOperates internationallyTax deductible donationsAccepts online donations
General information
Address
101 Great Rd 105
Bedford, MA 01730
Metro area
Boston-Cambridge-Newton, MA-NH
County
Middlesex County, MA
Website URL
ihoptimize.org/ 
Phone
(617) 467-3350
IRS details
EIN
27-0373299
Fiscal year end
April
Taxreturn type
Form 990
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E31: Group Health Practice
NAICS code, primary
5416: Professional, Scientific, and Technical Services
Parent/child status
Independent
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