2023-10-27T10:10:00-05:00 2022-12-31 420714325 RSM US LLP 30 S 17TH STREET SUITE 710 PHILADELPHIA PA 19103 990 2022-01-01 231662091 EMERGENCY CARE RESEARCH INSTITUTE EMER 6108256000 5200 BUTLER PIKE PLYMOUTH MEETING PA 19462 PETER CATALANO CHIEF FINANCIAL OFFICER 6108256000 2023-10-27 1 PETER CATALANO XXX-XX-XXXX 0 MICHELLE O'NEILL P01372721 2157654600 2023-10-11 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z ECRI INSTITUTE - ECRI - ECRI INSTITUTE PSO MARCUS SCHABACKERMDPHD 5200 BUTLER PIKE PLYMOUTH MEETING PA 19462 90911547 0 X ECRI.ORG X 1955 PA ECRI IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF IRC SECTION 501(C)(3). ECRI'S MISSION IS ADVANCING EFFECTIVE, EVIDENCE-BASED HEALTHCARE GLOBALLY. ECRI'S MISSION IS ACCOMPLISHED THROUGH ITS PUBLISHING, MEMBERSHIP AND INFORMATION PROGRAMS, TECHNICAL ASSISTANCE AND CONSULTING PROGRAMS, AND EDUCATIONAL PROGRAMS. 8 7 536 7 0 0 8999400 15000 71463608 74605598 4420483 607492 0 0 84883491 75228090 0 0 0 0 56514492 60565695 0 0 358429 14173714 18756818 70688206 79322513 14195285 -4094423 110680492 93846011 55347503 50128784 55332989 43717227 X SEE SCHEDULE O 0 0 35210791 54322691 RESEARCH AND EVALUATION PROGRAMS, MEMBERSHIPS, PUBLICATIONS AND INFORMATION:ECRI'S APPLIED RESEARCH AND EVALUATION, MEMBERSHIPS, AND PUBLICATIONS ALL FOCUS ON IMPROVING HEALTHCARE SAFETY, QUALITY, AND COST-EFFECTIVENESS IN SETTINGS ACROSS THE CONTINUUM OF CARE, FROM ACUTE CARE TO AMBULATORY CARE TO LONG-TERM CARE AND HOME CARE. THESE PROGRAMS ARE USED BY HOSPITALS AND HEALTHCARE PROVIDERS, POLICYMAKERS, PAYERS, THE PUBLIC, GOVERNMENT AGENCIES, AND OTHERS IN THE HEALTHCARE COMMUNITY TO IMPROVE PATIENT CARE. THROUGH THESE PROGRAMS, ECRI DISSEMINATES THE RESULTS OF ITS INTERNALLY CONDUCTED RESEARCH AND EVALUATION, OF INFORMATION AND EXPERIENCE OBTAINED THROUGH TECHNICAL ASSISTANCE SERVICES AND OTHER ACTIVITIES, AND OF INFORMATION GATHERED FROM MANY OTHER SOURCES. ECRI CONDUCTS STUDIES AND DISSEMINATES INFORMATION AND TOOLS THAT PROTECT THE PUBLIC FROM UNSAFE AND INEFFECTIVE MEDICAL TECHNOLOGIES AND PRACTICES; IMPROVES PATIENT SAFETY BY PREVENTING MEDICAL ERRORS, PATIENT ACCIDENTS, INJURIES, AND DEATH; ASSESSES THE EFFECTIVENESS OF DRUGS, DEVICES, PROCEDURES, AND PRACTICES; AND REDUCES COSTS FOR HEALTHCARE PROVIDERS AND PAYORS. EACH YEAR, ECRI DISSEMINATES HUNDREDS OF GUIDANCE ARTICLES, ALERTS, AND ADVISORIES THAT FOCUS ON WAYS TO IMPROVE THE QUALITY, SAFETY, AND COST EFFECTIVENESS OF HEALTHCARE. EACH YEAR, ECRI PUBLISHES MONOGRAPHS ON THE TOP 10 HEALTH TECHNOLOGY HAZARDS AND TOP 10 PATIENT SAFETY CONCERNS TO WHICH HEALTHCARE PROVIDERS SHOULD BE PAYING THE MOST ATTENTION, ALONG WITH RECOMMENDATIONS FOR ALLEVIATING RISKS, AS WELL AS OTHER WHITE PAPERS WITH IMPORTANT SAFETY INFORMATION AVAILABLE TO THE PUBLIC. ECRI'S WORK IS INTERNATIONAL IN SCOPE AND REQUIRES HIGHLY SPECIALIZED KNOWLEDGE AND EXPERTISE. TO HELP ENSURE THE SAFETY OF PATIENT CARE AND HEALTHCARE TECHNOLOGY, ECRI INDEPENDENTLY INVESTIGATES SAFETY ACCIDENTS; PUBLISHES PRODUCT AND SAFETY ALERTS; COLLECTS, AGGREGATES AND ANALYZES ADVERSE PATIENT SAFETY EVENT DATA AND COST DATA FROM HOSPITALS AND HEALTHCARE PROVIDERS; DISSEMINATES LESSONS LEARNED; INDEPENDENTLY EVALUATES AND VERIFIES THE EVIDENCE ON THE EFFECTIVENESS OF MEDICAL PROCEDURES AND TECHNOLOGIES; AND PROVIDES VIRTUAL AND ONSITE ASSISTANCE ON HAZARDS AND SAFETY IMPROVEMENT. ECRI MAINTAINS SEVERAL OF THE LARGEST DATABASES ON MEDICAL DEVICE HAZARDS AND RECALLS AND PRICES, WHICH COVERS THOUSANDS OF PRODUCTS RANGING FROM A SIMPLE THERMOMETER TO COMPLEX, SOPHISTICATED LIFE SUPPORT EQUIPMENT. ECRI'S EVALUATION PROGRAM CONDUCTS HANDS-ON LABORATORY TESTING TO EVALUATE THE SAFETY AND EFFICACY OF MEDICAL DEVICES THAT ARE ON THE MARKET. IT COVERS ALL TYPES OF DIAGNOSTIC AND THERAPEUTIC MEDICAL PRODUCTS, FROM MAMMOGRAPHY UNITS TO SURGICAL LASERS TO NEEDLE STICK PREVENTION DEVICES. THIS PROGRAM ENABLES ECRI TO DISSEMINATE INFORMATION ON PRODUCTS, THEIR SAFE IMPLEMENTATION AND USE, AND THEIR COST. ECRI DEVELOPED AND MAINTAINS A GLOBAL CLASSIFICATION SYSTEM FOR INDEXING MEDICAL DEVICES USED BY HEALTHCARE ORGANIZATIONS AND GOVERNMENT REGULATORY SYSTEMS WORLDWIDE AND IS A FRAMEWORK FOR TRACKING HAZARD AND RECALL INFORMATION. EACH YEAR, ECRI HOLDS SCORES OF MEETINGS, WORKSHOPS, WEBINARS, AND AUDIO CONFERENCES ADDRESSING BEST PRACTICES, PATIENT SAFETY, EVALUATION OF EVIDENCE, AND THE IMPLEMENTATION AND USE OF MEDICAL TECHNOLOGY AND HEALTH SERVICES. ECRI PROVIDES A UNIQUE EDUCATIONAL CERTIFICATION PROGRAM AND CREDENTIAL FOR HEALTHCARE SAFETY AND ENVIRONMENTAL OFFICERS. ECRI SUPPORTS FEDERALLY QUALIFIED HEALTH CENTERS IN THE PROVISION OF SAFE, HIGH-QUALITY CARE TO VULNERABLE POPULATIONS THROUGH ITS PUBLICATIONS, CONTINUING EDUCATION PROGRAMS, AND DEDICATED SUPPORT STAFF. 14148591 20282907 TECHNICAL ASSISTANCE PROGRAMS: ECRI PROMOTES IMPROVED METHODS OF PATIENT CARE BY PROVIDING THE HEALTHCARE COMMUNITY AND FEDERAL AND STATE AGENCIES WITH A WIDE RANGE OF TECHNICAL ASSISTANCE ON SAFETY, QUALITY IMPROVEMENT, AND COST-EFFECTIVENESS. ECRI'S TECHNICAL ASSISTANCE PROGRAMS INCLUDE PROVIDING INFORMATION TOOLS AND SUPPORT FOR THE BUYERS AND USERS OF HEALTHCARE TECHNOLOGY;; INVESTIGATING AND ANALYZING ACCIDENTS AND EVENTS INVOLVING PATIENT SAFETY; PROVIDING ASSESSMENT AND EVALUATION OF HEALTHCARE SAFETY AND QUALITY; PROVIDING EVIDENCE-BASED RESEARCH AND EFFECTIVENESS REPORTS TO GOVERNMENT AGENCIES; CONDUCTING HANDS-ON LABORATORY TESTING TO EVALUATE THE SAFETY AND EFFICACY OF MEDICAL DEVICES THAT ARE ON THE MARKET; DESIGNING AND MAINTAINING A REPOSITORY OF CRITICAL CLINICAL GUIDELINES; DESIGNING AND MAINTAINING PATIENT SAFETY REPORTING AND ANALYSIS PROGRAMS; AND RUNNING A FEDERALLY DESIGNATED PATIENT SAFETY ORGANIZATION (PSO). ECRI TAKES REPORTS ON MEDICAL DEVICE PROBLEMS FROM ANY MEMBER OF THE PUBLIC, ANALYZES THE PROBLEMS, AND DISSEMINATES RECOMMENDATIONS TO THE PUBLIC FOR SAFE PRACTICES. THE FORM FOR SUBMITTING REPORTS IS PUBLICLY AVAILABLE. INFORMATION AND EXPERIENCE OBTAINED THROUGH SUCH ACTIVITIES ARE USED EXTENSIVELY IN ECRI'S PUBLICATIONS FOR THE HEALTHCARE COMMUNITY, THEREBY PROMOTING AND MAKING POSSIBLE IMPROVED METHODS OF PATIENT CARE FOR THE BENEFIT OF PUBLIC HEALTH. 49359382 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 138 0 1 536 1 0 1 MY UK 0 0 0 0 0 0 0 0 1 0 X 8 7 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 PA X PETER CATALANO 6108256000 5200 BUTLER PIKE PLYMOUTH MEETING PA 19462 MARCUS SCHABACKER MD PHD PRESIDENT/CEO 40.00 2.00 X X 994872 0 51439 RICHARD ARONS SCD TRUSTEE, CHAIR, CHAIR OF EXEC. COMM 2.00 0.00 X X 0 0 0 DAVID MAYER PHD TRUSTEE, VICE CHAIR 2.00 0.00 X X 0 0 0 ROBERT M CRANE TRUSTEE, CHR - AUDIT/COMPLIANCE COMM 2.00 0.00 X X 0 0 0 KAREN FISHER TRUSTEE, CHR - NOM./BOARD DEV. COMM 2.00 0.00 X X 0 0 0 CARY GREEN TRUSTEE, CHR - COMPENSATION COMM 2.00 0.00 X X 0 0 0 DANIEL HUANG TRUSTEE, INT TREAS., CHR - FIN. COMM 2.00 0.00 X X 0 0 0 CHRISTINA JIMENEZ TRUSTEE, SECRETARY 2.00 0.00 X X 0 0 0 PETER CATALANO CHIEF FINANCIAL OFFICER 40.00 2.00 X 569934 0 46593 RANDAL WHITE CHIEF LEGAL OFFICER 25.00 2.00 X 372140 0 46880 DHEERENDRA KOMMALA CHIEF MEDICAL OFFICER 40.00 2.00 X 763603 0 25209 STUART MORRIS HIPKINS CHIEF SOLUTIONS OFFICER 40.00 0.00 X 500720 0 48537 SCOTT FRASER CIO (THRU 7/29/22) 62.00 0.00 X 396931 0 32788 BEVIN O'NEIL CHIEF STRATEGY OFFICER 40.00 0.00 X 309500 0 13168 THERESA TAVERNIER CHIEF HR OFFICER (THRU 3/25/22) 40.00 0.00 X 253638 0 10395 LEA RUBINI CHIEF HR OFFICER (AS OF 1/24/22) 40.00 0.00 X 187862 0 41922 JAMES ROBERTSON VP, SALES - PROVIDER SOLUTIONS 40.00 0.00 X 457460 0 12824 ANDREW FURMAN VP - CLINICAL EVIDENCE & SAFETY SOL. 51.00 0.00 X 374072 0 47375 DAVID SPELTA SR ACCOUNT EXECUTIVE 40.00 0.00 X 369379 0 46230 MICHAEL ARGENTIERI VP - TRANSITION & BUSINESS SUPPORT 47.00 0.00 X 372714 0 29937 JOSEPH MUIR SR ACCOUNT EXECUTIVE, MANUFACTURERS 45.00 0.00 X 351091 0 28130 ANTHONY MONTAGNOLO MS COO 0.00 0.00 X 115504 0 6340 6389420 0 487767 199 1 1 0 RANDSTAD TECHNOLOGIES LLC PO BOX 847872 DALLAS TX 75284 PROFESSIONAL CONSULTING 1364183 EMPLOYER SERVICES CORP 20 PINEVIEW DR AMHERST NY 14228 PROFESSIONAL CONSULTING 326596 COGNIZANT TECHNOLOGIES SOLUTIONS 24721 NETWORK PLACE CHICAGO IL 60673 PROFESSIONAL CONSULTING 274730 HOGAN LOVELLS US LLP LOCKBOX 715890 PHILADELPHIA PA 19171 PROFESSIONAL CONSULTING 246642 SUMMIT 58 LLC 5775 POPPY WAY GOLDEN CO 80403 PROFESSIONAL CONSULTING 221830 20 15000 15000 MEMBERSHIP, PUBLICATIONS 900099 54322691 54322691 TECHNICAL ASSISTANCE 541900 20282907 20282907 74605598 879862 879862 15411087 15683457 -272370 -272370 -272370 75228090 74605598 0 607492 4464704 1073103 3391601 44821531 30623492 14022610 175429 1788436 1159723 628713 5887292 3817653 2069639 3603732 2336863 1266869 729219 23947 705272 96194 96194 7919409 5227624 2508785 183000 361938 15557 346381 2893841 1325952 1567889 648519 142130 506389 616565 305851 310714 104942 22202 82740 249335 249335 2083240 1724926 358314 427414 333295 94119 RECRUITING AND TRAINING 724849 122723 602126 DUES AND SUBSCRIPTIONS 545860 463189 82671 ADMINISTRATIVE FEES 371849 370929 920 PROVISIONS OF UNCOLLECT 192000 192000 791644 270223 521421 79322513 49359382 29604702 358429 9380090 3647291 19670776 19951988 720000 1054288 1248802 30554698 12494721 17770160 18059977 55648594 42610646 2008026 1593041 5148558 6014266 110680492 93846011 10292340 6064654 107707 107707 31481263 33085526 11968115 9521253 1498078 1349644 55347503 50128784 X 55332989 43702227 15000 55332989 43717227 110680492 93846011 X -4094423 -8133574 612235 X 0 1 X 1 0 X 1672708 2526477 1457732 8999400 15000 14671317 61688583 64354671 67090029 71463608 74605598 339202489 63361291 66881148 68547761 80463008 74620598 353873806 0 15341920 16678203 14654555 15210182 14578260 76463120 15341920 16678203 14654555 15210182 14578260 76463120 277410686 712576 736966 681554 884506 879862 3895464 712576 736966 681554 884506 879862 3895464 27599 305966 333565 64101466 67924080 69229315 81347514 75500460 358102835 0.77470 0.76550 0.01090 0.01070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3509209 3509209 15906567 4487901 11418666 1297221 331981 965240 9841701 7674839 2166862 18059977 DUE FROM AFFILIATES 354446 INTEREST RATE SWAP 992590 CAPITALIZED LABOR 3418243 RIGHT OF USE ASSET 52649 DEFERRED COMPENSATION 989288 OTHER ASSETS 207050 6014266 457(B) AND 457(F) PLAN 1341519 LEASE AND OTHER LONG TERM 8125 1349644 X PART X, LINE 2: INCOME TAXES: ECRI IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). ECRI QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAVE BEEN CLASSIFIED AS ORGANIZATIONS THAT IS NOT A PRIVATE FOUNDATION. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. ECRI DID NOT HAVE ANY SIGNIFICANT NET UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021. MANAGEMENT EVALUATED ECRI'S TAX POSITIONS AND CONCLUDED THAT ECRI HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS. ECRI FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. GENERALLY, ECRI IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2019. EUROPE (INCLUDING ICELAND & GREENLAND) 2 6 PROGRAM SERVICES OFFICE IS MAINTAINED IN ENGLAND 1471161 MIDDLE EAST AND NORTH AFRICA 1 1 PROGRAM SERVICES SALESPERSON / AGENCY RELATIONSHIP 169499 3 7 0 0 3 7 1640660 0 1640660 0 0 0 0 0 0 PART III ACCOUNTING METHOD: SCHEDULE F, PART 1, LINE 3: AN OFFICE IS MAINTAINED IN ENGLAND IN ORDER TO PROVIDE PUBLICATIONS, REPORTS, AND OTHER HEALTHCARE INFORMATION, TECHNICAL ASSISTANCE SERVICES, AND EDUCATIONAL PROGRAMS, ALL IN SUPPORT OF THE INSTITUTE'S MISSION (SEE FORM 990, PART 1, LINE 1) IN EUROPE AND ELSEWHERE OUTSIDE THE UNITED STATES. ECRI HAS A SALES AGENCY AGREEMENT WITH A COMPANY IN DUBAI, UAE IN ORDER TO PROVIDE PUBLICATIONS, REPORTS, AND OTHER HEALTHCARE INFORMATION, TECHNICAL ASSISTANCE SERVICES, AND EDUCATION PROGRAMS, ALL IN SUPPORT OF THE INSTITUTE'S MISSION (SEE FORM 990, PART 1, LINE 1) IN THE MIDDLE EAST. AS REPORTED IN SCHEDULE R, ECRI HAS AN AFFILIATE INCORPORATED IN MALAYSIA CALLED ECRI BERHAD. ECRI BERHAD IS MAINTAINED IN ORDER TO PROVIDE PUBLICATIONS, REPORTS, AND OTHER HEALTHCARE INFORMATION, TECHNICAL ASSISTANCE SERVICES, AND EDUCATIONAL PROGRAMS, ALL IN SUPPORT OF THE INSTITUTE'S MISSION (SEE FORM 990, PART 1, LINE 1) IN EAST ASIA/ THE PACIFIC AND ELSEWHERE OUTSIDE THE UNITED STATES. X X X X X 1 1 0 1 0 0 0 0 0 MARCUS SCHABACKER MD PHD PRESIDENT/CEO 786270 0 203700 0 4902 0 12200 0 39239 0 1046311 0 0 0 DHEERENDRA KOMMALA CHIEF MEDICAL OFFICER 440368 0 320613 0 2622 0 12200 0 13009 0 788812 0 0 0 PETER CATALANO CHIEF FINANCIAL OFFICER 343039 0 222633 0 4262 0 12200 0 34393 0 616527 0 0 0 STUART MORRIS HIPKINS CHIEF SOLUTIONS OFFICER 498753 0 0 0 1967 0 12200 0 36337 0 549257 0 0 0 JAMES ROBERTSON VP, SALES - PROVIDER SOLUTIONS 439269 0 0 0 18191 0 12200 0 624 0 470284 0 0 0 SCOTT FRASER CIO (THRU 7/29/22) 195456 0 200303 0 1172 0 12200 0 20588 0 429719 0 0 0 ANDREW FURMAN VP - CLINICAL EVIDENCE & SAFETY SOL. 327024 0 45630 0 1418 0 12200 0 35175 0 421447 0 0 0 RANDAL WHITE CHIEF LEGAL OFFICER 285883 0 86257 0 0 0 12200 0 34680 0 419020 0 0 0 DAVID SPELTA SR ACCOUNT EXECUTIVE 362794 0 6000 0 585 0 12200 0 34030 0 415609 0 0 0 MICHAEL ARGENTIERI VP - TRANSITION & BUSINESS SUPPORT 313975 0 41812 0 16927 0 0 0 29937 0 402651 0 0 0 JOSEPH MUIR SR ACCOUNT EXECUTIVE, MANUFACTURERS 339009 0 10250 0 1832 0 12200 0 15930 0 379221 0 0 0 BEVIN O'NEIL CHIEF STRATEGY OFFICER 252640 0 55824 0 1036 0 12200 0 968 0 322668 0 0 0 THERESA TAVERNIER CHIEF HR OFFICER (THRU 3/25/22) 82507 0 170682 0 449 0 10128 0 267 0 264033 0 0 0 LEA RUBINI CHIEF HR OFFICER (AS OF 1/24/22) 187434 0 0 0 428 0 7894 0 34028 0 229784 0 0 0 ANTHONY MONTAGNOLO MS COO 0 0 0 0 115504 0 0 0 6340 0 121844 0 0 0 PART I, LINES 4A-B ANTHONY MONTAGNOLO, CHIEF OPERATING OFFICER, RECEIVED A SEVERANCE PAYMENT OF $115,777 IN 2022. EMPLOYEES WHO PARTICIPATED IN A 457(F) PLAN IN 2022 ARE: MARCUS SCHABACKER, DHEERENDRA KOMMALA, PETER CATALANO, SCOTT FRASER, ANDREA VANDEVEN, THERESA TAVERNIER, AND RANDAL WHITE. PART I, LINE 5 IN ORDER TO ACCOMPLISH ITS MISSION TO IMPROVE PUBLIC HEALTH AND SAFETY, IT IS NECESSARY TO HIRE, MOTIVATE AND RETAIN QUALIFIED EMPLOYEES PRIMARILY RESPONSIBLE FOR BUSINESS DEVELOPMENT. THESE POSITIONS REQUIRE EXTENSIVE KNOWLEDGE OF HEALTHCARE ISSUES AND INSTITUTE CAPABILITIES, THE ABILITY TO EFFECTIVELY COMMUNICATE WITH HEALTHCARE PROFESSIONALS AT ALL LEVELS, AND OTHER CRITICAL SKILLS. FOR THE POSITIONS, THE ORGANIZATION PROVIDES A BASE SALARY COMBINED WITH A PAY COMPONENT WHICH IS CONTINGENT ON REVENUES FOR SELECTED ACTIVITIES IN ORDER TO REWARD REVENUE GENERATION FOR BUSINESS DEVELOPMENT WHILE ENSURING THAT A PORTION OF COMPENSATION IS AT RISK. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: ECRI IS AN INDEPENDENT NONPROFIT ORGANIZATION WHOSE MISSION IS TO ADVANCE EFFECTIVE, EVIDENCE-BASED HEALTHCARE GLOBALLY. OUR GOAL IS TO BE THE WORLD'S MOST TRUSTED, INDEPENDENT ORGANIZATION PROVIDING HEALTHCARE STAKEHOLDERS CRITICAL RESEARCH, SCIENTIFIC-BASED INSIGHTS, ACTIONABLE RECOMMENDATIONS, EDUCATION AND CONSULTATION TO ENSURE HEALTHCARE PRACTITIONERS ARE ADMINISTERING SAFE, COST-EFFECTIVE CARE IN ALL HEALTHCARE DELIVERY SETTINGS. ECRI'S STRATEGY FOR ACHIEVING OUR MISSION AND GOALS INCLUDES: 1. CONDUCTING INVESTIGATIONS AND STUDIES THAT IDENTIFY, DEVELOP, ASSESS, AND VERIFY EVIDENCE ABOUT THE QUALITY, SAFETY, AND COST EFFECTIVENESS OF HEALTHCARE TECHNOLOGIES, PRACTICES, AND FACILITIES. 2. DISSEMINATING INFORMATION, JUDGMENT, GUIDANCE, AND RESEARCH CONCLUSIONS THROUGH MEMBERSHIP PROGRAMS, PUBLICATIONS, EDUCATIONAL PROGRAMS, AND CONSULTATION. 3. DEVELOPING INFORMATION TOOLS FOR BUYERS AND USERS OF HEALTHCARE TECHNOLOGY AND SERVICES THAT MAKE INFORMED DECISION-MAKING POSSIBLE. 4. ESTABLISHING POLICIES TO ENSURE AN INTERNAL CULTURE OF SAFETY, OBJECTIVITY AND INTEGRITY. 5. COLLECTING, ORGANIZING, AND DISSEMINATING OBJECTIVE, TECHNICALLY ACCURATE INFORMATION THAT PREVENTS INJURY AND ILLNESS AND BENEFITS PATIENT CARE. 6. REMAINING INDEPENDENT AND UNBIASED REGARDING HEALTHCARE PRODUCTS AND PRACTICES ENABLING HEALTHCARE ORGANIZATIONS TO IMPROVE QUALITY, REDUCE COST AND ACHIEVE THE BEST PATIENT OUTCOMES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE CONTROLLER WITH INPUT FROM OTHERS AS NEEDED, INCLUDING AN INDEPENDENT ACCOUNTING FIRMS REVIEW. A DRAFT OF THE COMPLETED FORM 990 IS REVIEWED BY THE VICE PRESIDENT OF FINANCE. THEREAFTER, THE PRELIMINARY FORM 990 IS SENT TO EACH OFFICER AND TRUSTEE FOR THEIR REVIEW AND COMMENTS, AND ALL QUESTIONS AND COMMENTS ARE RESPONDED TO. IN ADDITION, THE FORM 990 IS REVIEWED AND DISCUSSED WITH THE GOVERNING BOARD'S AUDIT AND COMPLIANCE COMMITTEE AND THEREAFTER WITH THE TRUSTEES. AFTER THE ABOVE-DESCRIBED REVIEWS AND DISCUSSIONS, THE FINAL FORM 990 IS SIGNED AND FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL STAFF RECEIVE A CODE OF CONDUCT AND BUSINESS ETHICS MANUAL THAT SETS FORTH ECRI'S PRINCIPLES, MISSION, GOALS, CONFLICT OF INTEREST RULES, AND OTHER MATTERS RELATED TO QUALITY AND ACCOUNTABILITY. THE BOARD OF TRUSTEES HAS ESTABLISHED THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND REQUIRES THAT EACH EMPLOYEE ANNUALLY RESPONDS TO A QUESTIONNAIRE WITH A CERTIFICATION THAT THERE IS NO CONFLICT OF INTEREST THAT HAS NOT BEEN DISCLOSED AND APPROPRIATELY ADJUDICATED. THE BOARD OF TRUSTEES HAS DIRECTED THE CONFLICT OF INTEREST COMMITTEE TO REVIEW EACH CERTIFICATION AND TO ENSURE ADHERENCE WITH THIS POLICY. THE ORGANIZATION ALSO MAINTAINS A HOTLINE NUMBER FOR STAFF TO REPORT POSSIBLE ETHICAL VIOLATIONS OR FRAUDULENT CONDUCT. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY ALSO REQUIRES THAT INSTANCES THAT MIGHT OCCUR DURING THE YEAR AND WOULD REQUIRE DISCLOSURE UNDER THE POLICY BE PROMPTLY REPORTED TO THE CONFLICT OF INTEREST COMMITTEE FOR THEIR REVIEW AND ADJUDICATION. THE BOARD OF TRUSTEES TAKES APPROPRIATE ACTION IF THERE IS ANY NON-COMPLIANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE PRESIDENT AND CHIEF EXECUTIVE OFFICER IS SUBJECT TO THE REVIEW AND APPROVAL OF THE BOARD OF TRUSTEES, MEETING IN EXECUTIVE SESSION WITH NO INVOLVEMENT BY PERSONS HAVING A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENTS AT ISSUE. THE COMPENSATION COMMITTEE OF THE BOARD, WHICH IS SOLELY COMPRISED OF INDEPENDENT TRUSTEES, REVIEWS AND ANALYZES PERFORMANCE AND COMPARABILITY DATA AND MAKES A RECOMMENDATION TO THE FULL BOARD. THE PROCESS INCLUDES THE USE OF DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING SUCH COMPENSATION ARRANGEMENTS. THE ORGANIZATION'S PROCESS INVOLVES DATA FROM COMPENSATION SURVEYS, THE USE OF AN INDEPENDENT COMPENSATION CONSULTANT, AND OTHER SOURCES OF COMPARABILITY DATA. COMPENSATION FOR OTHER "DISQUALIFIED PERSONS" IS DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD. THE PROCESS INCLUDES THE USE OF DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. PERTINENT INFORMATION AND OTHER SUBSTANTIATION OF THE DELIBERATIONS AND DECISIONS ARE DOCUMENTED. THE ORGANIZATION'S PROCESS INVOLVES DATA FROM COMPENSATION SURVEYS, THE USE OF AN INDEPENDENT COMPENSATION CONSULTANT, AND OTHER SOURCES OF COMPARABILITY DATA. THE PRESIDENT AND CHIEF EXECUTIVE OFFICER AND OTHER TOP MANAGERS REVIEW THE COMPENSATION FOR KEY EMPLOYEES WHO ARE NOT "DISQUALIFIED PERSONS". THE ORGANIZATION ALSO USES ITS HUMAN RESOURCES DEPARTMENT TO REVIEW COMPENSATION AND SALARY INCREASES BASED ON SALARY SURVEY DATA AND COMPENSATION DATA FOR COMPARABLE ORGANIZATIONS AND JOB FUNCTIONS. FORM 990, PART VI, SECTION C, LINE 19 BOTH THE CHIEF FINANCIAL OFFICER AND CHIEF LEGAL OFFICER ARE RESPONSIBLE FOR MAKING ECRI'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND OTHER DOCUMENTS (ECRI INSTITUTE'S "PUBLIC FILE") AVAILABLE TO THE PUBLIC FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). THIS IS ACCOMPLISHED BY ANNOUNCING THE AVAILABILITY OF THE PUBLIC FILE AND THE PROCESS BY WHICH IT MAY BE INSPECTED OR COPIES OBTAINED, SUCH ANNOUNCEMENT BEING POSTED ON ECRI'S WEBSITE AND BEING POSTED IN A PUBLIC AREA OF ITS FACILITIES. THE ORGANIZATION'S FORM 990 IS ALSO PUBLICLY AVAILABLE AT WWW.GUIDESTAR.ORG. FORM 990, PART XI, LINE 9: LOSS ON INVESTMENT IN ISMP -414,985. CHANGE IN VALUE OF INTEREST RATE SWAP 1,027,220. INSTITUTE FOR SAFE MEDICATION PRACTICES 200 LAKESIDE DRIVE SUITE 200 HORSHAM PA 19044 232757559 IMPROVE HEALTHCARE PA 501(C)(3) LINE 10 EMERGENCY CARE RESEARCH INSTITUTE 1 ECRI LABORATORIES 5200 BUTLER PIKE PLYMOUTH MEETING PA 19462 232053202 INACTIVE PA 501(C)(3) INACTIVE EMERGENCY CARE RESEARCH INSTITUTE 1 ECRI SHARED SERVICES 5200 BUTLER PIKE PLYMOUTH MEETING PA 19462 232056173 INACTIVE PA 501(C)(3) INACTIVE EMERGENCY CARE RESEARCH INSTITUTE 1 WHITEMARSH INSTITUTE 5200 BUTLER PIKE PLYMOUTH MEETING PA 19462 232996964 INACTIVE PA 501(C)(3) INACTIVE EMERGENCY CARE RESEARCH INSTITUTE 1 CENTER FOR ACCESSIBLE TRANSPORTATION AND ASSISTIVE TECHNOLOGY 5200 BUTLER PIKE PLYMOUTH MEETING PA 19462 232705995 INACTIVE PA EMERGENCY CARE RESEARCH INSTITUTE C 1.00000 0 ECRI BHD 11 3 10 JALAN 3 109F DANAU BUSINESS TAMAN DANAU KUALA LUMPUR MY IMPROVE HEALTHCARE MY EMERGENCY CARE RESEARCH INSTITUTE C 1.00000 0 ECRI INC 5200 BUTLER PIKE PLYMOUTH MEETING PA 19462 232082955 INACTIVE PA EMERGENCY CARE RESEARCH INSTITUTE C 1.00000 0 ECRI MEA INC 5200 BUTLER PIKE PLYMOUTH MEETING PA 19462 853562970 ACTIVE PA EMERGENCY CARE RESEARCH INSTITUTE C 1.00000 0 NATIONAL SAFETY TECHNOLOGIES 5200 BUTLER PIKE PLYMOUTH MEETING PA 19462 232491329 INACTIVE PA EMERGENCY CARE RESEARCH INSTITUTE C 1.00000 0 MED SAFETY BOARD INC 5200 BUTLER PIKE PLYMOUTH MEETING PA 19462 232948087 PRODUCT EVALUATION OF PHARMACEUTICALS PA INSTITUTE FOR SAFE MEDICATION PRACTICES C 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 ECRI BHD L 615370 ACTUAL COSTS ECRI MEA R 169499 ACTUAL COSTS SCHEDULE R, PART V, LINE 1L: ECRI INSTITUTE INCURS COSTS FOR DEVELOPING, PRINTING AND DISTRIBUTING PUBLICATIONS AND OTHER INFORMATION FOR THE BENEFIT OF ECRI BHD, AN AFFILIATE INCORPORATED IN MALAYSIA. ECRI INSTITUTE ALSO INCURS COSTS FOR TECHNICAL ASSISTANCE AND ADMINISTRATIVE SUPPORT PROVIDED TO ECRI BHD. THE FAIR VALUE OF SUCH COSTS IS DETERMINED AT AN ARMS-LENGTH BASIS, AND IS REIMBURSED TO ECRI INSTITUTE BY ECRI BHD. IN 2022, THE PAYMENT RECEIVED BY ECRI INSTITUTE FOR SUCH CHARGES WAS $615,370, APPROXIMATELY 0.78% OF ECRI INSTITUTE'S TOTAL EXPENSES. 100% OF THIS AMOUNT IS RELATED TO THE SAME EXEMPT PURPOSE AS THAT FOR THE CONTROLLING ENTITY, ECRI INSTITUTE, AND IS NOT UNRELATED BUSINESS INCOME. SINCE PAYMENT IS REIMBURSEMENT OF ACTUAL COSTS INCURRED BY THE CONTROLLING ENTITY, ECRI INSTITUTE, THERE IS NO NET INCOME FROM THIS TRANSACTION.