HEALTHCARE QUALITY STRATEGIES INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
HEALTHCARE QUALITY STRATEGIES INC (EIN 22-2547756)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-10-31
IRS object ID
202543049349302144
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-10-31T15:50:59-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN333709623PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1COHNREZNICK ADVISORY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line114 SYLVAN WAYAddressLine1Txt
CityPARSIPPANYCityNm
State AbbreviationNJStateAbbreviationCd
ZIP070543801ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN222547756EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HEALTHCARE QUALITY STRATEGIES INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHEALBusinessNameControlTxt
Phone7322385570PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1557 CRANBURY ROAD 6AddressLine1Txt
CityEAST BRUNSWICKCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08816ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonVALERIE AIELLOPersonNm
Person TitleCEOPersonTitleTxt
Phone7322385570PhoneNum
Signature2025-10-30SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLORI ROTHE YOKOBOSKYPreparerPersonNm
PTINP01273422PTIN
Phone9732283500PhoneNum
Preparation2025-10-30PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerVALERIE AIELLOPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1557 CRANBURY ROAD 6AddressLine1Txt
CityEAST BRUNSWICKCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08816ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,900,611GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.HQSI.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1982FormationYr
Legal Domicile StateNJLegalDomicileStateCd
Activity Or MissionMONITOR THE QUALITY OF HEALTHCARE IN NEW JERSEY.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee38TotalEmployeeCnt
Total Volunteers12TotalVolunteersCnt
Total Gross UBI$63,907TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$2,012,778PYProgramServiceRevenueAmt
CY Program Service Revenue$5,892,226CYProgramServiceRevenueAmt
PY Investment Income$209,948PYInvestmentIncomeAmt
CY Investment Income$744,532CYInvestmentIncomeAmt
PY Other Revenue-$118,802PYOtherRevenueAmt
CY Other Revenue-$88,127CYOtherRevenueAmt
PY Total Revenue$2,103,924PYTotalRevenueAmt
CY Total Revenue$6,548,631CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,396,903PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,679,129CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,632,566PYOtherExpensesAmt
CY Other Expenses$2,126,542CYOtherExpensesAmt
PY Total Expenses$4,029,469PYTotalExpensesAmt
CY Total Expenses$4,805,671CYTotalExpensesAmt
PY Revenues Less Expenses-$1,925,545PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,742,960CYRevenuesLessExpensesAmt
Total Assets BOY$10,685,088TotalAssetsBOYAmt
Total Assets EOY$13,655,355TotalAssetsEOYAmt
Total Liabilities BOY$3,468,623TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,728,541TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,216,465NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$9,926,814NetAssetsOrFundBalancesEOYAmt
MissionIMPROVE THE QUALITY OF HEALTHCARE IN NEW JERSEY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,723,656ExpenseAmt
Revenue$5,892,226RevenueAmt
DescINDEPENDENT REVIEW SERVICES HQSI CONTRACTS WITH BOTH PAYORS AND INSURERS TO CONDUCT MEDICAL NECESSITY REVIEWS. REVIEWS ARE CONDUCTED ON A FEE FOR SERVICE BASIS.Desc
Total Program Service Expenses$2,723,656TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document134IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee38EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1VALERIE AIELLOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7322385570PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1557 CRANBURY ROAD SUITE 6AddressLine1Txt
CityEAST BRUNSWICKCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08816ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtHighest Compensated EmployeeHighestCompensatedEmployeeInd
AJ KREIMER
TRUSTEE0.50Yes (X)$600$0$0
BARNARD KAPLAN MD
PRESIDENT0.50Yes (X)$6,100$0$0Yes (X)
DAVID I KINGSLEY
TRUSTEE0.50Yes (X)$1,900$0$00.10
EDWARD JOSELL
OUTGOING TREASURER0.50Yes (X)$400$0$0Yes (X)0.10
ELYSE PERWEILER MPP RN
SECRETARY0.50Yes (X)$5,700$0$0
HOWARD ZEIDMAN MD
TRUSTEE0.50Yes (X)$2,700$0$0
JAMES J MADDEN ESQ
VICE PRESIDENT0.50Yes (X)$5,700$0$0Yes (X)0.10
JOHN LEWY MD
TRUSTEE0.50Yes (X)$3,400$0$00.10
MARLENE MCDERMOTT
TRUSTEE0.50Yes (X)$3,550$0$0
MARSHA BOGGESS
TRUSTEE0.50Yes (X)$3,500$0$0
MARTIN P MARGOLIES
TREASURER0.50Yes (X)$4,800$0$0Yes (X)0.10
MARY ANN CONTE RN
TRUSTEE0.50Yes (X)$2,300$0$0Yes (X)0.10
MARY JANE BRUBAKER
TRUSTEE0.50Yes (X)$3,400$0$0Yes (X)
MICHAEL SPIVAK DO
OUTGOING TRUSTEE0.50Yes (X)$2,800$0$0
VALERIE AIELLO
CEO40.00Yes (X)$228,425$0$11,776Yes (X)2.00
VINCENT ACAMPORA
OUTGOING TRUSTEE0.50Yes (X)$800$0$0
BRIAN CHAIT
INFORMATION TECHNOLOGY DIR.40.00$120,773$0$8,321Yes (X)
GREGORY COATS
ACCOUNTING MANAGER40.00$107,070$0$18,069Yes (X)
MARY BETH MATTEI
NURSE REVIEWER40.00$105,578$0$0Yes (X)
ROBERT BIENER
VP NATIONAL CLIENT PARTNER40.00$201,697$0$43,134Yes (X)
YA-PING SU
DIRECTOR, QUALITY IMPROV.40.00$126,674$0$40,497Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$937,867TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$121,797TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K7IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescOTHER CONTRACT REVENUEDesc
Business541900BusinessCd
Total Revenue Column$5,892,226TotalRevenueColumnAmt
Related Or Exempt Func Income$5,892,226RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$5,892,226TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$136,745TotalRevenueColumnAmt
Unrelated Business Revenue$55,292UnrelatedBusinessRevenueAmt
Exclusion$81,453ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$863,025SecuritiesAmt
Other$96,742OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$351,980SecuritiesAmt
Other$0OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$511,045SecuritiesAmt
Other$96,742OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$607,787TotalRevenueColumnAmt
Unrelated Business Revenue$96,742UnrelatedBusinessRevenueAmt
Exclusion$511,045ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescSCHEDULE K-1 ORDINARYDesc
Business525990BusinessCd
Total Revenue Column-$88,127TotalRevenueColumnAmt
Unrelated Business Revenue-$88,127UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Other Revenue Total-$88,127OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,548,631TotalRevenueColumnAmt
Related Or Exempt Func Income$5,892,226RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$63,907UnrelatedBusinessRevenueAmt
Exclusion$592,498ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$287,851TotalAmt
Program Services$150,453ProgramServicesAmt
Management And General$137,398ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,936,137TotalAmt
Program Services$1,011,970ProgramServicesAmt
Management And General$924,167ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$73,224TotalAmt
Program Services$38,272ProgramServicesAmt
Management And General$34,952ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$202,756TotalAmt
Program Services$105,976ProgramServicesAmt
Management And General$96,780ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$179,161TotalAmt
Program Services$93,643ProgramServicesAmt
Management And General$85,518ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$82,046TotalAmt
Management And General$82,046ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$39,561TotalAmt
Program Services$12,042ProgramServicesAmt
Management And General$27,519ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$127,846TotalAmt
Management And General$127,846ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$32,058TotalAmt
Management And General$32,058ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,236,756TotalAmt
Program Services$1,211,499ProgramServicesAmt
Management And General$25,257ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$187,563TotalAmt
Program Services$83,931ProgramServicesAmt
Management And General$103,632ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$68,292TotalAmt
Management And General$68,292ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$30,534TotalAmt
Program Services$58ProgramServicesAmt
Management And General$30,476ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$99,939TotalAmt
Management And General$99,939ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$7,609TotalAmt
Management And General$7,609ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$89,019TotalAmt
Management And General$89,019ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
EQUIPMENT RENTAL$5,079$5,079
REPAIRS AND MAINTENANCE$2,280$2,280

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$117,960TotalAmt
Program Services$15,812ProgramServicesAmt
Management And General$102,148ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,805,671TotalAmt
Program Services$2,723,656ProgramServicesAmt
Management And General$2,082,015ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$630BOYAmt
EOY$315EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$220,096BOYAmt
EOY$534,566EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$278,403BOYAmt
EOY$1,455,399EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$294,413BOYAmt
EOY$264,954EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$96,661LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$80,080LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$24,190BOYAmt
EOY$16,581EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$8,634,251BOYAmt
EOY$10,192,110EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$104,316BOYAmt
EOY$41,951EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,128,789BOYAmt
EOY$1,149,479EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$10,685,088BOYAmt
EOY$13,655,355EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$481,877BOYAmt
EOY$386,840EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,986,746BOYAmt
EOY$3,341,701EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,468,623BOYAmt
EOY$3,728,541EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,216,465BOYAmt
EOY$9,926,814EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,216,465BOYAmt
EOY$9,926,814EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$10,685,088BOYAmt
EOY$13,655,355EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$1,742,960ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$1,031,296NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$63,907OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$1,785,976CurrentTaxYearMinus3YearsAmt
Total$1,785,976TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,977,869CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,508,781CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,106,761CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,012,778CurrentTaxYearMinus1YearAmt
Current Tax Year$5,892,226CurrentTaxYearAmt
Total$16,498,415TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,977,869CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,294,757CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,106,761CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,012,778CurrentTaxYearMinus1YearAmt
Current Tax Year$5,892,226CurrentTaxYearAmt
Total$18,284,391TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$18,284,391PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$218,736CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$432,143CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$90,076CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$92,823CurrentTaxYearMinus1YearAmt
Current Tax Year$81,453CurrentTaxYearAmt
Total$915,231TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$218,736CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$432,143CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$90,076CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$92,823CurrentTaxYearMinus1YearAmt
Current Tax Year$81,453CurrentTaxYearAmt
Total$915,231TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,976CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$16,627CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$690CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$11CurrentTaxYearMinus1YearAmt
Total$27,304TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,206,581CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,743,527CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,197,527CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,105,612CurrentTaxYearMinus1YearAmt
Current Tax Year$5,973,679CurrentTaxYearAmt
Total$19,226,926TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.95100PublicSupportCY509Pct
Public Support PY5090.95320PublicSupportPY509Pct
Investment Income CY0.04760InvestmentIncomeCYPct
Investment Income PY0.04480InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationOTHER INCOME - 2020 AMOUNT: $ 9,976. 2021 AMOUNT: $ 16,627. 2022 AMOUNT: $ 690. 2023 AMOUNT: $ 11.ExplanationTxt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$96,661OtherCostOrOtherBasisAmt
Depreciation$80,080DepreciationAmt
Book Value$16,581BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$16,581TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
DEPOSITS$11,305
DUE FROM AFFILIATES$44,192
INVESTMENT IN VERITAS$1,093,982
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,149,479TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DUE TO AFFILIATES$3,298,062
OPERATING LEASE LIABILITIES$43,639
FieldValueIRS element (for citing)
Total Liability$3,341,701TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$7,772,546TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$1,031,296NetUnrealizedGainsInvstAmt
Other Revenue$288,584OtherRevenueAmt
Revenue Not Reported$1,319,880RevenueNotReportedAmt
Revenue Subtotal$6,452,666RevenueSubtotalAmt
Investment Expenses Not Incld$32,058InvestmentExpensesNotIncldAmt
Other Revenues Not Included$63,907OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$95,965RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,548,631TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,745,168TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included-$28,445OtherExpensesIncludedAmt
Expenses Not Reported-$28,445ExpensesNotReportedAmt
Expenses Subtotal$4,773,613ExpensesSubtotalAmt
Investment Expenses Not Incld2$32,058InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$32,058ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$4,805,671TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE COMPANY FOLLOWS PROVISIONS OF ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH REQUIRES RECOGNITION AND DISCLOSURE OF UNCERTAIN TAX PROVISIONS IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE COMPANY'S MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX PROVISIONS TAKEN AND THAT IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS. ACCORDINGLY, THE COMPANY WILL NOT RECOGNIZE ANY LIABILITY FOR UNCERTAIN TAX BENEFITS. FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, THE COMPANY DID NOT RECOGNIZE ANY INTEREST OR PENALTIES IN THE CONSOLIDATED FINANCIAL STATEMENTS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:RELATED ORGANIZATION REVENUE 288,584.
PART XI, LINE 4B - OTHER ADJUSTMENTS:VERITAS INVESTMENT INCOME ADJUSTMENT 63,907.
PART XII, LINE 2D - OTHER ADJUSTMENTS:RELATED ORGANIZATION EXPENSES -28,445.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ROBERT BIENER
VP NATIONAL CLIENT PARTNER$161,565$0$36,000$0$4,132$0$11,776$0$31,358$0$244,831$0$0$0
VALERIE AIELLO
CEO$210,600$0$1,500$0$16,325$0$11,776$0$0$0$240,201$0$0$0
YA-PING SU
DIRECTOR, QUALITY IMPROV.$123,695$0$1,000$0$1,979$0$7,719$0$32,778$0$167,171$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 7FormAndLineReferenceDesc
ExplanationINCLUDED ON SCHEDULE J, PART II, COLUMN B(II) REPRESENTS BONUSES. THESE AMOUNTS WERE APPROVED BY THE BOARD AND INCLUDED IN THE INDIVIDUAL'S W-2'S.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3THE ORGANIZATION DELEGATES CONTROL OVER FINANCIAL MANAGEMENT RESPONSIBILITIES TO ANDERSON & COMPANY.
FORM 990, PART VI, SECTION B, LINE 11BPRIOR TO FILING THE FINAL FORM 990 WITH THE IRS, IT IS THOROUGHLY REVIEWED BY THE FINANCIAL CONSULTANT OF THE ORGANIZATION. THE RESPECTIVE FORM IS PROVIDED TO EACH MEMBER OF THE GOVERNING BOARD FOR HIS/HER REVIEW.
FORM 990, PART VI, SECTION B, LINE 12CCOMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED REGULARLY AND CONSISTENTLY. ALL MEMBERS OF THE BOARD OF TRUSTEES, EMPLOYEES AND VENDORS ARE REQUIRED ANNUALLY TO DISCLOSE AND SIGN CONFLICT OF INTEREST AGREEMENTS WHICH ARE REVIEWED BY THE ORGANIZATION'S COMPLIANCE OFFICER. THE DISCLOSURE STATEMENTS ARE REVIEWED AT THE BOARD LEVEL AND MEMBERS RECUSE THEMSELVES FROM AGENDA ITEMS THAT MAY BE DETERMINED TO BE A CONFLICT OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15THE SALARIES OF OFFICERS OF THE ORGANIZATION ARE CALCULATED ANNUALLY AND BASED ON THE CONTRACTUAL AGREEMENT IN PLACE WHICH HAS BEEN DEVELOPED AND REVIEWED BY THE COMPENSATION COMMITTEE. EMPLOYEE COMPENSATION IS REVIEWED ANNUALLY BY THE EXECUTIVE MANAGEMENT TEAM, WHICH DETERMINES THE ANNUAL INCREASE FOR THE ORGANIZATION.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC BY PROVIDING COPIES UPON REQUEST AND/OR APPOINTMENT.
FORM 990, PART IX, LINE 11GPHYSICIAN CONSULTING FEES: PROGRAM SERVICE EXPENSES 1,161,634. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,161,634. OTHER CONSULTANTS: PROGRAM SERVICE EXPENSES 49,865. MANAGEMENT AND GENERAL EXPENSES 25,257. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 75,122.
FORM 990, PART XI, LINE 9:VERITAS INVESTMENT INCOME ADJUSTMENT -63,907.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
HQ SOLUTIONS
557 CRANBURY RD SUITE 6EAST BRUNSWICKNJ08816264587925HEALTHCARENJ501(C)(3)LINE 10N/A0
AREA VII PHYSICIANS REVIEW ORGANIZATION
557 CRANBURY RD SUITE 6EAST BRUNSWICKNJ08816222169496HEALTHCARENJ501(C)(6)N/A0
HQSI CORPORATION
557 CRANBURY RD SUITE 6EAST BRUNSWICKNJ08816264588042MED CARE IMPNJ501(C)(3)LINE 10N/A0

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1VERITAS MEDICAL REVIEW SOLUTIONS LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1557 CRANBURY RD SUITE 6AddressLine1Txt
CityEAST BRUNSWICKCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08816ZIPCd
FieldValueIRS element (for citing)
EIN275098617EIN
Primary ActivitiesMEDICAL REVIEWPrimaryActivitiesTxt
Legal Domicile StatePALegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1HQSIBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeSEntityTypeTxt
Share Of Total Income$288,584ShareOfTotalIncomeAmt
Share Of EOY Assets$6,110,003ShareOfEOYAssetsAmt
Ownership1.00000OwnershipPct
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsYes (1)ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
VERITAS MEDICAL REVIEW SOLUTIONS
A$55,292FMV
VERITAS MEDICAL REVIEW SOLUTIONS
D$418,615FMV

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