Altarum Institute

Science & technology organization based in Novi, MI. 229 employees. Exempt under §501(c)(3).

MissionALTARUM 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

Financial snapshot · TY 2024

$43.4M
Total revenue
$42.3M
Total expenses
$53.8M
Net assets

Financial health · TY 2024

38
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
62
11.2 months of expenses
Program efficiency
18
57.2% spent on programs
Revenue diversity
29
Mix of program fees, grants & contributions

Leadership compensation

Michael Monson
PRESIDENT & CEO
$1,060,181
100th percentile vs. peers
Tracy Lawyer
SECRETARY
$386,376
100th percentile vs. peers
$360,889
87th percentile vs. peers
$333,662
87th percentile vs. peers
Sandra J Ziebold
CORPORATE MANAGER
$274,753
87th percentile vs. peers

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Altarum Institute Executive Compensation | 990 Data | DoubleNine