2025-11-13T17:32:02-06:00 2024-12-31 420714325 RSM US LLP 80 CITY SQUARE BOSTON MA 02129 990 2024-01-01 231662091 EMERGENCY CARE RESEARCH INSTITUTE EMER 6108256000 77 N BROAD STREET 3RD FLOOR DOYLESTOWN PA 18901 INDRANI EGLESTON CFO 6108256000 2025-11-13 1 1 LYNNE JOHNSON P00757336 6179129000 2025-11-13 2024 2025-03-06 01:10:19Z ECRI INSTITUTE - ECRI - ECRI INSTITUTE PSO MARCUS SCHABACKER MD PH 77 N BROAD STREET 3RD FLOOR DOYLESTOWN PA 18901 110007197 0 X ECRI.ORG X 1955 PA ADVANCING EFFECTIVE, EVIDENCE-BASED HEALTHCARE GLOBALLY. 11 9 532 10 173334 0 152897 0 76522520 77957431 732767 -272182 177184 2703564 77585368 80388813 0 0 0 0 63360122 64747202 0 0 0 17293063 18419874 80653185 83167076 -3067817 -2778263 94041023 87124893 50046924 45520344 43994099 41604549 X 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. 0 0 43857267 59352859 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. 17411536 18604572 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. 61268803 1 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0 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 1 532 1 1 1 1 MY UK 0 0 0 0 0 0 0 0 1 0 X 11 9 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 PA X INDRANI EGLESTON 6108256000 77 N BROAD STREET 3RD FLOOR DOYLESTOWN PA 18901 MARCUS SCHABACKER MD PHD PRESIDENT/CEO 40.00 2.00 X X 905891 0 236694 SHIKHA ANAND TRUSTEE 2.00 0.00 X 60000 0 0 ROBERT M CRANE TRUSTEE 2.00 0.00 X 7500 0 0 KAREN FISHER TRUSTEE 2.00 0.00 X 0 0 0 DANIEL HUANG TRUSTEE 2.00 0.00 X 7500 0 0 WILLIAM ISENBERG TRUSTEE 2.00 0.00 X 0 0 0 DAVID MAYER PHD TRUSTEE 2.00 0.00 X 7500 0 0 RICHARD ARONS SCD TRUSTEE, BOARD CHAIR 2.00 0.00 X X 7500 0 0 CHRISTINA JIMENEZ TRUSTEE, BOARD VICE CHAIR 2.00 0.00 X X 7500 0 0 CARY GREEN TRUSTEE, SECRETARY 2.00 0.00 X X 7500 0 0 MICHAEL PROKOPIS TRUSTEE, TREASURER 2.00 0.00 X X 7500 0 0 PETER CATALANO CHIEF FINANCIAL OFFICER 40.00 2.00 X 380990 0 116496 RANDAL WHITE CHIEF LEGAL OFFICER 24.00 2.00 X 319382 0 90452 STUART MORRIS HIPKINS CHIEF SOLUTIONS OFFICER 40.00 0.00 X 541707 0 121918 DHEERENDRA KOMMALA CHIEF MEDICAL OFFICER 40.00 2.00 X 445072 0 98723 BEVIN O'NEIL CHIEF STRATEGY OFFICER 39.85 0.00 X 331843 0 48940 LEA RUBINI CHIEF HR OFFICER 40.00 0.00 X 278082 0 87626 DARRYL GOSS CHIEF TECHNOLOGY OFFICER 32.00 0.00 X 253600 0 34938 ROBERT BECKER TEAM LEAD, GMICS 40.00 0.00 X 334779 0 51612 ALISON MAGUIRE VP, SALES - GLOBAL MARKET 39.92 0.00 X 336292 0 40743 NEAL MCMAHON SR. ACCT EXECUTIVE 40.00 0.00 X 332065 0 13597 JOSEPH MUIR SR. ACCT EXECUTIVE 42.00 0.00 X 312766 0 26389 MARTHA PICKENS SR. ACCT. EXECUTIVE 40.00 0.00 X 276432 0 19466 5161401 0 987594 198 0 1 0 INTELLIGENT LIFE LLC 100 CRUSHER RD HOPEWELL NJ 085252204 IHSI DEVELOPMENT 280500 SUMMIT 58 LLC 5775 POPPY WAY GOLDEN CO 804032048 VALUE ANALYSIS WORKFLOW 219500 RSM US LLP 5155 PAYSPHERE CIRCLE CHICAGO IL 606740001 AUDIT AND TAX SERVICES 167799 FOX ROTHSCHILD LLP 2 COMMERCE SQ PHILADELPHIA PA 191037080 LEGAL SERVICES 155229 JP MARTUCCI LLC 816 FAIR WAY LIBERTYVILLE IL 600481402 TECHNOLOGY CONSULTING 152025 9 MEMBERSHIP, PUBLICATIONS 900099 59352859 59352859 TECHNICAL ASSISTANCE 541900 18604572 18604572 77957431 1367479 1367479 14011223 13967500 12940822 16677562 1070401 -2710062 -1639661 -1639661 SHARED SERVICE FEE 561000 2196199 173334 2022865 INSURANCE PROCEEDS 900099 490278 490278 OTHER REVENUE 900099 17087 17087 2703564 80388813 77957431 173334 2258048 4404853 631672 3773181 48098008 37591483 10506525 1763190 1436847 326343 6778718 5432669 1346049 3702433 2885466 816967 452377 56433 395944 132799 132799 109461 109461 7662354 7274999 387355 449062 448901 161 712390 131808 580582 3923433 2266528 1656905 394969 307816 87153 783787 663383 120404 166271 89028 77243 315681 315681 1518323 1017276 501047 411893 321006 90887 DUES AND SUBSCRIPTIONS 582245 531402 50843 RECRUITING AND TRAINING 231548 34668 196880 EMPLOYEE EXPENSES 162085 80997 81088 ADMINISTRATIVE EXPENSES 9474 9474 401722 66421 335301 83167076 61268803 21898273 0 3133764 5108890 10000 5000 17211575 13120893 768560 666667 2509471 1702669 3863926 2223635 18189681 1640291 44077596 46617460 -355654 7936137 8496030 10326886 94041023 87124893 5721754 8572085 33387912 32281751 9226019 1711239 4666508 50046924 45520344 X 43979099 41589549 15000 15000 43994099 41604549 94041023 87124893 X -2778263 2915333 -2526620 X 0 0 0 X 1457732 8999400 15000 152897 0 10625029 67090029 71463608 74605598 76522520 77957431 367639186 68547761 80463008 74620598 76675417 77957431 378264215 0 9116211 9486424 8225954 9395426 7360832 43584847 9116211 9486424 8225954 9395426 7360832 43584847 334679368 681554 884506 879862 1040841 1367479 4854242 177184 173334 350518 681554 884506 879862 1218025 1540813 5204760 507365 507365 69229315 81347514 75500460 77893442 80005609 383976340 0.87160 0.86150 0.01360 0.01180 X 3863926 2223635 1640291 1640291 INVESTMENT IN ISMP -2057593 F INVESTMENT IN SSIQ -165397 F INVESTMENT IN TJCC 10159127 F 7936137 DUE FROM AFFILIATES 4042562 CAPITALIZED LABOR 5090390 DEFERRED COMPENSATION 931136 OTHER ASSETS 262798 10326886 457(B) AND 457(F) PLAN 931136 OTHER LIABILITIES 7640 DUE TO AFFILIATE 2224 TJCC MEMBERSHIP INTEREST AGREEMENT 3725000 DEFERRED TAX ALLOWANCE 508 4666508 EUROPE (INCLUDING ICELAND & GREENLAND) 2 6 PROGRAM SERVICES OFFICE IS MAINTAINED IN ENGLAND 1132694 2 6 0 0 2 6 1132694 0 1132694 0 0 0 0 0 0 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. 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 0 1 0 1 0 0 0 0 0 MARCUS SCHABACKER MD PHD PRESIDENT/CEO 866267 0 32100 0 7524 0 197348 0 39346 0 1142585 0 0 0 STUART MORRIS HIPKINS CHIEF SOLUTIONS OFFICER 520041 0 19500 0 2166 0 80701 0 41217 0 663625 0 0 0 DHEERENDRA KOMMALA CHIEF MEDICAL OFFICER 422475 0 20800 0 1797 0 85161 0 13562 0 543795 0 0 0 PETER CATALANO CHIEF FINANCIAL OFFICER 364390 0 13660 0 2940 0 79156 0 37340 0 497486 0 0 0 RANDAL WHITE CHIEF LEGAL OFFICER 307783 0 11599 0 0 0 52909 0 37543 0 409834 0 0 0 ROBERT BECKER TEAM LEAD, GMICS 96588 0 238055 0 136 0 13757 0 37855 0 386391 0 0 0 BEVIN O'NEIL CHIEF STRATEGY OFFICER 320640 0 10350 0 853 0 48098 0 842 0 380783 0 0 0 ALISON MAGUIRE VP, SALES - GLOBAL MARKET 170506 0 165397 0 389 0 13487 0 27256 0 377035 0 0 0 LEA RUBINI CHIEF HR OFFICER 267964 0 9375 0 743 0 46615 0 41011 0 365708 0 0 0 NEAL MCMAHON SR. ACCT EXECUTIVE 110530 0 220510 0 1025 0 13242 0 355 0 345662 0 0 0 JOSEPH MUIR SR. ACCT EXECUTIVE 116534 0 193940 0 2292 0 12573 0 13816 0 339155 0 0 0 MARTHA PICKENS SR. ACCT. EXECUTIVE 107504 0 167850 0 1078 0 4835 0 14631 0 295898 0 0 0 DARRYL GOSS CHIEF TECHNOLOGY OFFICER 253600 0 0 0 0 0 10365 0 24573 0 288538 0 0 0 PART I, LINE 4B EMPLOYEES WHO PARTICIPATED IN A 457(F) PLAN DURING THE CALENDAR YEAR 2024 ARE PETER CATALANO, DHEERENDRA KOMMALA, STUART MORRIS-HIPKINS, BEVIN O'NEILL, LEA RUBINI, MARCUS SCHABACKER, AND RANDAL WHITE. CONTRIBUTIONS TO THE 457(F) PLANS DURING 2024: - PETER CATALANO - $65,356 - DHEERENDRA KOMMALA - $71,361 - STUART MORRIS-HIPKINS - $66,901 - BEVIN O'NEILL - $39,732 - LEA RUBINI - $35,040 - MARCUS SCHABACKER - $183,548 - RANDAL WHITE - $39,794 THERE WERE NO DISTRIBUTIONS FROM THE PLAN DURING THE CALENDAR YEAR 2024. 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 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 CFO. 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 CANDID FORMERLY KNOWN AS GUIDESTAR. FORM 990, PART XI, LINE 9: LOSS ON INVESTMENT IN ISMP -1,701,938. CHANGE IN VALUE OF INTEREST RATE SWAP -15,800. LOSS ON INVESTMENT IN SSIQ -195,397. LOSS ON INVESTMENT IN TJCC -67,312. EXCHANGE RATE DIFFERENTIAL -224,357. UK RECLASSIFICATION ADJUSTMENT -321,816. THE JUST CULTURE COMPANY LLC 77 N BROAD STREET 3RD FLOOR DOYLESTOWN PA 18901 043721455 FOSTER A CULTURE OF SAFETY AND ACCOUNTABILITY PA 0 10191606 EMERGENCY CARE RESEARCH INSTITUTE SURGISMART IQ LLC 77 N BROAD STREET 3RD FLOOR DOYLESTOWN PA 18901 990658681 PRICING DATA FOR ORTHOPEDICS PA 0 202395 EMERGENCY CARE RESEARCH INSTITUTE INSTITUTE FOR SAFE MEDICATION PRACTICES 77 N BROAD STREET 3RD FLOOR DOYLESTOWN PA 18901 232757559 IMPROVE HEALTHCARE PA 501(C)(3) LINE 10 EMERGENCY CARE RESEARCH INSTITUTE 1 ECRI LABORATORIES 77 N BROAD STREET 3RD FLOOR DOYLESTOWN PA 18901 232053202 INACTIVE PA 501(C)(3) INACTIVE EMERGENCY CARE RESEARCH INSTITUTE 1 ECRI SHARED SERVICES 77 N BROAD STREET 3RD FLOOR DOYLESTOWN PA 18901 232056173 INACTIVE PA 501(C)(3) INACTIVE EMERGENCY CARE RESEARCH INSTITUTE 1 WHITEMARSH INSTITUTE 77 N BROAD STREET 3RD FLOOR DOYLESTOWN PA 18901 232996964 INACTIVE PA 501(C)(3) INACTIVE EMERGENCY CARE RESEARCH INSTITUTE 1 ECRI CANADA 181 BAY STREET BROOKFIELD PLACE S TORONTO ONTARIO CA M5J 2T3 IMPROVE HEALTHCARE CA 501(C)(3) N/A EMERGENCY CARE RESEARCH INSTITUTE 1 CENTER FOR ACCESSIBLE TRANSPORTATION AND ASSISTIVE TECHNOLOGY 77 N BROAD STREET 3RD FLOOR DOYLESTOWN PA 18901 232705995 INACTIVE PA EMERGENCY CARE RESEARCH INSTITUTE C 1.00000 1 ECRI BHD 11 3 10 JALAN 3 109F DANAU BUSINESS TAMAN DANAU MY IMPROVE HEALTHCARE MY EMERGENCY CARE RESEARCH INSTITUTE C 1.00000 0 ECRI INC 77 N BROAD STREET 3RD FLOOR DOYLESTOWN PA 18901 232082955 INACTIVE PA EMERGENCY CARE RESEARCH INSTITUTE C 1.00000 1 ECRI MEA INC 77 N BROAD STREET 3RD FLOOR DOYLESTOWN PA 18901 853562970 INACTIVE PA EMERGENCY CARE RESEARCH INSTITUTE C 1.00000 1 NATIONAL SAFETY TECHNOLOGIES 77 N BROAD STREET 3RD FLOOR DOYLESTOWN PA 18901 232491329 INACTIVE PA EMERGENCY CARE RESEARCH INSTITUTE C 1.00000 1 MED SAFETY BOARD INC 77 N BROAD STREET 3RD FLOOR DOYLESTOWN PA 18901 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 INSTITUTE FOR SAFE MEDICATION PRACTICES L 1316665 ACTUAL COSTS MED SAFETY BOARD INC L 173334 ACTUAL COSTS