ALTARUM INSTITUTE Charity Report

Public IRS 990 nonprofit record

ALTARUM INSTITUTE

EIN 38-1983442 · Science & Technology (U050)

What they do

ALTARUM is FOCUSED ON IMPROVING THE HEALTH of INDIVIDUALS WITH FEWER FINANCIAL RESOURCES and POPULATIONS DISENFRANCHISED BY THE HEALTH CARE SYSTEM. WE DRIVE IMPACTFUL CHANGES IN FOUR DOMAINS: 1) TRANSFORM HEALTH SERVICE DELIVERY - WE WORK DIRECTLY WITH HEALTH CARE SERVICE PROVIDERS and FEDERAL, STATE, and LOCAL GOVERNMENTS to TRANSFORM HEALTH CARE SERVICE DELIVERY and PERFORMANCE. 2) ADVANCE PUBLIC HEALTH - WE ADVANCE PUBLIC HEALTH PROGRAMS THROUGH APPLIED RESEARCH and EVALUATION, PROGRAM IMPLEMENTATION, DATA ANALYTICS, and MARKETING and COMMUNICATIONS. 3) INTEGRATE PUBLIC HEALTH and HEALTH SERVICE DELIVERY - WE INTEGRATE BETWEEN THE PUBLIC HEALTH SECTOR and THE HEALTH CARE SERVICE DELIVERY SECTOR to CONNECT THE DOTS. 4) SCALE HEALTH INFRASTRUCTURE - WE MODERNIZE HEALTH INFRASTRUCTURE and ENABLE THE HEALTH ECOSYSTEM to OPERATE AT SCALE and BE INTEROPERABLE ACROSS SILOS and STAKEHOLDERS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $57.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders22 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

55.80%of revenue went to mission work57.2% of expenses · Program services

2.22%of revenue went to fundraising2.3% of expenses

$97.54spent for every $100 of revenueRevenue covered expenses this year.

39.52%of revenue went to management and office costs40.5% of expenses

$1.27in assets for every $1 spent this yearSome assets cannot be spent right away.

89.4%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $1,060,181 for MICHAEL MONSON (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$43,405,911

Mission workProgram services$24,222,51355.80% of revenue57.2% of expenses

ManagementOffice and general costs$17,152,35439.52% of revenue40.5% of expenses

FundraisingAsking for donations$961,6192.22% of revenue2.3% of expenses

Revenue left after expensesReported annual surplus$1,069,4252.46% of revenueShown in gray on the chart

Total expenses$42,336,48697.54% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 57.2% mission · 40.5% management · 2.3% fundraisingTotal expenses: 97.54% of revenue

2023Expense mix: 51.9% mission · 44.6% management · 3.4% fundraisingTotal expenses: 113.29% of revenue

2022Expense mix: 48.4% mission · 43.4% management · 8.2% fundraisingTotal expenses: 89.17% of revenue

2021Expense mix: 50.8% mission · 46.6% management · 2.6% fundraisingTotal expenses: 111.46% of revenue

2019Expense mix: 59.0% mission · 37.4% management · 3.5% fundraisingTotal expenses: 101.43% of revenue

2018Expense mix: 60.6% mission · 36.0% management · 3.4% fundraisingTotal expenses: 100.36% of revenue

2017Expense mix: 62.8% mission · 35.0% management · 2.2% fundraisingTotal expenses: 104.21% of revenue

2016Expense mix: 66.2% mission · 33.1% management · 0.7% fundraisingTotal expenses: 97.37% of revenue

Money in and money out

Revenue$43,405,911

Expenses$42,336,486

Annual surplus $1,069,425 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$24,222,513 · 57.2% of expenses

Management and office costs$17,152,354 · 40.5% of expenses

Fundraising$961,619 · 2.3% of expenses

See all reported dollar amounts

Revenue$43,405,911

Expenses$42,336,486

Assets$53,792,738

Income$43,473,905

Contributions$38,784,895

Mission work (program services)$24,222,513

Fundraising$961,619

Grants given$65,000

Average grant$9,286

Management and general$17,152,354

Executive compensation (total)$4,511,727

Stocks and bonds$16,175,235

Accounting fees$153,710

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MICHAEL MONSONPRESIDENT & CEO · 40 hrs/week $1,060,181Base $1,023,930 · Other $36,251

LINCOLN SMITH THRU 3322FORMER SENIOR VICE PRESIDENT $550,000

DENISE STURMEVP & CFO · 40 hrs/week $541,423Base $522,618 · Other $18,805

MELESA LITTERALEVP & CAO · 40 hrs/week $497,861Base $463,561 · Other $34,300

LAURA SANKEYEVP & CSO · 40 hrs/week $484,020Base $452,871 · Other $31,149

TRACY LAWYERSECRETARY · 40 hrs/week $386,376Base $364,241 · Other $22,135

SUSAN HAYASHI THRU 71924VICE PRESIDENT · 40 hrs/week $360,889Base $339,597 · Other $21,292

TARA FOWLER THRU 11824VICE PRESIDENT · 40 hrs/week $333,662Base $325,423 · Other $8,239

SANDRA J ZIEBOLDCORPORATE MANAGER · 40 hrs/week $274,753Base $236,936 · Other $37,817

RAYMOND TABACZKA JRCORPORATE DIRECTOR · 40 hrs/week $266,493Base $238,220 · Other $28,273

ANYA V POLIJANACVICE PRESIDENT · 40 hrs/week $240,778Base $207,499 · Other $33,279

SASIGANT S ONEILSENIOR DIRECTOR · 40 hrs/week $232,053Base $219,528 · Other $12,525

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (22)

MICHAEL MONSONPRESIDENT & CEO

LINCOLN SMITH THRU 3322FORMER SENIOR VICE PRESIDENT

DENISE STURMEVP & CFO

MELESA LITTERALEVP & CAO

LAURA SANKEYEVP & CSO

TRACY LAWYERSECRETARY

SUSAN HAYASHI THRU 71924VICE PRESIDENT

TARA FOWLER THRU 11824VICE PRESIDENT

SANDRA J ZIEBOLDCORPORATE MANAGER

RAYMOND TABACZKA JRCORPORATE DIRECTOR

ANYA V POLIJANACVICE PRESIDENT

SASIGANT S ONEILSENIOR DIRECTOR

DAVID BANKS THRU 42624SENIOR DIRECTOR

JOSEPH FIFERCHAIRMAN TRUSTEE

KELVIN WOMACKTRUSTEE

JENNIE CHIN HANSENTRUSTEE

LINDA ELAMVICE CHAIR TRUSTEE

THOMAS RANESETRUSTEE

MELANIE BELLATRUSTEE

LAQUANDRA NESBITTTRUSTEE

BRUCE VLADECKTRUSTEE

ROSEMARY GIBSON THRU 42424TRUSTEE

About this charity

Recognized since: January 1973
Location: 26200 TOWN CENTER DR STE 350, NOVI, MI 48375
County: Oakland
In care of: JAMES KENNEY
Primary officer: JAMES KENNEY, CFO

How to reach them

WebsiteVisit the charity’s website Emailpress@altarum.org Phone(734) 302-4600

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: REHMANN ROBSON LLC
NTEE classification: Science & Technology (U050)
Grant-giving organization: Yes