2026-03-06T14:23:33-06:00 2025-06-30 934792291 SORREN INC 1120 S RACKHAM WAY SUITE 100 MERIDIAN ID 83642 990 2024-07-01 237455145 HEALTHWISE INCORPORATED HEAL 2083316907 2601 N BOGUS BASIN ROAD BOISE ID 83702 CYDNI WALDNER INTERIM CEO & PRESIDENT 2083316907 2026-03-04 1 0 MARGARET FLOWERS P00748716 2083338965 2026-03-04 2024 2025-03-06 01:10:19Z CYDNI WALDNER 2601 N BOGUS BASIN ROAD BOISE ID 83702 14970205 0 X WWW.EYESONHEALTH.ORG X 1975 ID TO HELP PEOPLE MAKE BETTER HEALTH DECISIONS. 10 10 304 3 0 0 0 0 34841481 0 77316717 1730132 0 1270729 112158198 3000861 0 0 0 0 49136633 2999475 0 0 0 12069400 1998407 61206033 4997882 50952165 -1997021 118446187 114005825 6468622 265812 111977565 113740013 X THE HEALTHWISE MISSION IS TO HELP PEOPLE MAKE BETTER HEALTH DECISIONS. 0 1 THE ORGANIZATION'S MISSION CONTINUES TO BE TO HELP PEOPLE MAKE BETTER HEALTH DECISIONS. DURING THE YEAR, THE ORGANIZATION DID NOT OPERATE ACTIVE PROGRAM SERVICES FOLLOWING THE SALE OF ITS OPERATING ACTIVITIES. INSTEAD, THE ORGANIZATION FOCUSED ON STRATEGIC PLANNING TO DETERMINE HOW IT WILL MEET ITS MISSION GOING FORWARD.ACTIVITIES DURING THE YEAR INCLUDED BOARD- AND MANAGEMENT-LEVEL STRATEGIC DISCUSSIONS, ASSESSMENT OF POTENTIAL CHARITABLE ACTIVITIES, INCLUDING PARTNERSHIPS, GRANTMAKING, OR OTHER PROGRAMMATIC APPROACHES, AND EVALUATION OF OPPORTUNITIES TO SUPPORT IMPROVED HEALTH DECISION-MAKING THROUGH NON-OPERATIONAL MEANS. NO DIRECT PROGRAM SERVICE EXPENSES OR MEASURABLE SERVICE OUTPUTS WERE REPORTED DURING THE YEAR AS THE ORGANIZATION REMAINS IN A TRANSITIONAL AND PLANNING PHASE. 1 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 304 1 0 0 0 0 0 0 0 0 0 0 1 0 X 10 10 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 CA OR X KENNETH LOCK-SMITH ACCOUNTING & FINANCE LEAD 2083316907 2601 N BOGUS BASIN ROAD BOISE ID 83702 ADAM HUSNEY MD CHAIR OF THE BOARD 50.00 X X 1502721 0 23917 EVELYN HO VICE CHAIR OF THE BOARD 2.00 X X 4225 0 0 MARGARET O'KANE DIRECTOR 2.00 X 0 0 0 JAMIE COOPER DIRECTOR 2.00 X 3575 0 0 WANDA K NICHOLSON MD DIRECTOR 2.00 X 0 0 0 JAMES R BELL DIRECTOR 2.00 X 6075 0 0 RICHARD SKINNER DIRECTOR 2.00 X 6075 0 0 SONIKA MATHUR DIRECTOR 2.00 X 5075 0 0 MELINDA DUTTON DIRECTOR 2.00 X 0 0 0 A JAMES BALKINS III DIRECTOR 2.00 X 5575 0 0 CYDNI WALDNER INTERIM CEO AND PRESIDENT 50.00 X 353014 0 27200 ELIZABETH BEEM CHIEF FINANCIAL OFFICER & 50.00 X 611438 0 34732 CHRISTINE CALHOUN CHIEF CONTENT OFFICER 50.00 X 539224 0 35195 DAVID MINK CHIEF CLIENT OFFICER 50.00 X 704924 0 34062 KATRINA MCDANIEL CHIEF HUMAN RESOURCES OFFI 50.00 X 620677 0 27248 ALYSON ERWIN CHIEF PRODUCT OFFICER 50.00 X 607492 0 4859 JUDITH MARSH VP OF STRATEGY 50.00 X 461545 0 34860 THANE PRICE VP OF TECHNOLOGY 50.00 X 517970 0 12565 JAMES WATKINS VP OF SALES 50.00 X 485215 0 16519 BRIGID RUNYON ACCOUNT EXECUTIVE 50.00 X 294768 0 16393 HEATHER QUINN SENIOR MEDICAL DIRECTOR 50.00 X 194234 0 32065 MATTHIAS BERTHER VP OF PRIVACY & SECURITY 50.00 X 484743 0 5134 7408565 0 304749 13 0 1 0 MANATT PHELPS & PHILLIPS LLP 2049 CENTURY PARK EAST SUITE 1700 LOS ANGELES CA 90067 STRATEGIC CONSULTING SERVICES 342522 OCM-IDAHO LLC 999 W MAIN ST STE 100 BOISE ID 83702 CAREER TRANSITION SERVICES 176000 2 3323851 3323851 380552 0 380552 380552 380552 10375625 10377362 1591982 -1737 -1591982 -1593719 -1593719 ADDITIONAL SETTLEMENT FROM BUSINE 900099 890177 890177 890177 3000861 1270729 0 1730132 X 1517319 1517319 870096 870096 18703 18703 96087 96087 497270 497270 65435 65435 85968 85968 56822 56822 695403 695403 68052 68052 184194 184194 325871 325871 209486 209486 TAXES 117662 117662 TEAM BENEFITS 106944 106944 DISCRETIONARY EXPENSES 75804 75804 MISCELLANEOUS FEES 6766 6766 4997882 0 4997882 0 17680679 11427711 9000000 9260402 8322174 2195238 1154922 789004 16653925 10668888 6365647 5985037 75922765 84348433 118446187 114005825 6468622 265812 6468622 265812 X 111977565 0 113740013 111977565 113740013 118446187 114005825 -1997021 3759469 0 X 0 1 X 1 0 X 5477364 5477364 48889363 51237924 52199190 34841481 187167958 54366727 51237924 52199190 34841481 192645322 0 12502782 13996163 15943773 9516640 51959358 12502782 13996163 15943773 9516640 51959358 140685964 779068 1221410 993190 2503448 3323851 8820967 25972 30347 56319 805040 1251757 993190 2503448 3323851 8877286 55171767 52489681 53192380 37344929 3323851 201522608 0.69810 0.70720 0.04410 0.02520 X 1000000 1000000 1000000 3000000 4500000 61 61 250000 250000 250000 750000 1125000 1182827 1182827 12210002 7409456 4800546 3261096 3259432 1664 5985037 X 6760330 3759469 3759469 3000861 0 3000861 4997882 0 4997882 0 4997882 PART X, LINE 2: THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ORGANIZATION MAY RECOGNIZE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEARS 2025 OR 2024. THE ORGANIZATION FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION. THE ORGANIZATION IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2022. X 1 1 X X X X 1 0 0 0 0 0 0 1 0 ADAM HUSNEY MD CHAIR OF THE BOARD 1502721 0 0 0 0 0 22021 0 1896 0 1526638 0 0 0 DAVID MINK CHIEF CLIENT OFFICER 704924 0 0 0 0 0 26541 0 7521 0 738986 0 0 0 KATRINA MCDANIEL CHIEF HUMAN RESOURCES OFFI 620677 0 0 0 0 0 21964 0 5284 0 647925 0 0 0 ELIZABETH BEEM CHIEF FINANCIAL OFFICER & 611438 0 0 0 0 0 30500 0 4232 0 646170 0 0 0 ALYSON ERWIN CHIEF PRODUCT OFFICER 607492 0 0 0 0 0 0 0 4859 0 612351 0 0 0 CHRISTINE CALHOUN CHIEF CONTENT OFFICER 539224 0 0 0 0 0 30500 0 4695 0 574419 0 0 0 THANE PRICE VP OF TECHNOLOGY 517970 0 0 0 0 0 7831 0 4734 0 530535 0 0 0 JAMES WATKINS VP OF SALES 485215 0 0 0 0 0 14491 0 2028 0 501734 0 0 0 JUDITH MARSH VP OF STRATEGY 461545 0 0 0 0 0 30500 0 4360 0 496405 0 0 0 MATTHIAS BERTHER VP OF PRIVACY & SECURITY 484743 0 0 0 0 0 0 0 5134 0 489877 0 0 0 CYDNI WALDNER INTERIM CEO AND PRESIDENT 353014 0 0 0 0 0 16772 0 10428 0 380214 0 0 0 BRIGID RUNYON ACCOUNT EXECUTIVE 294768 0 0 0 0 0 16218 0 175 0 311161 0 0 0 HEATHER QUINN SENIOR MEDICAL DIRECTOR 194234 0 0 0 0 0 30500 0 1565 0 226299 0 0 0 PART I, LINE 1A IN MAY 2025, HEALTHWISE REIMBURSED RICK SKINNER FOR A FIRST-CLASS TICKET HE PURCHASED TO ATTEND A BOARD MEETING IN NEW YORK. THIS REIMBURSEMENT WAS AN EXCEPTION TO POLICY GIVEN TRAVEL DIFFICULTIES ENCOUNTERED BY MR. SKINNER IN HIS TRAVEL ON COMPANY BUSINESS. PART I, LINE 7 IF THE MISSION ACCOMPLISHMENT IS ACHIEVED, THE BOARD CONSIDERS THE FINANCIAL CAPABILITIES OF HEALTHWISE TO PAY SUCH ADDITIONAL COMPENSATION SO AS NOT TO JEOPARDIZE ITS OPERATING ABILITY, AS WELL AS REVIEWS TOTAL COMPENSATION TO ASSURE THAT ALL COMPENSATION FALLS WITHIN THE REASONABLE REMUNERATION FACTORS AS A TAX-EXEMPT ORGANIZATION. ONCE THE BOARD ESTABLISHES IF THERE WILL BE A PAYMENT AND DETERMINES THE PERCENTAGE OF BASE PAY USED TO CALCULATE SUCH PAYMENT OR A BASE AMOUNT TO PAY EACH EMPLOYEE, THEN THE FORMULA USED TO DETERMINE THE PAYMENT IS APPLIED TO ALL EMPLOYEES, INCLUDING OFFICERS. CERTAIN OFFICERS OF HEALTHWISE ARE ELIGIBLE FOR THIS ADDITIONAL COMPENSATION. FORM 990, PART III, LINE 3 DURING THE YEAR, THE ORGANIZATION DID NOT OPERATE ACTIVE PROGRAM SERVICES FOLLOWING THE SALE OF ITS OPERATING ACTIVITIES. INSTEAD, THE ORGANIZATION FOCUSED ON STRATEGIC PLANNING TO DETERMINE HOW IT WILL MEET ITS MISSION GOING FORWARD. ACTIVITIES DURING THE YEAR INCLUDED BOARD- AND MANAGEMENT-LEVEL STRATEGIC DISCUSSIONS, ASSESSMENT OF POTENTIAL CHARITABLE ACTIVITIES, INCLUDING PARTNERSHIPS, GRANTMAKING, OR OTHER PROGRAMMATIC APPROACHES, AND EVALUATION OF OPPORTUNITIES TO SUPPORT IMPROVED HEALTH DECISION-MAKING THROUGH NON-OPERATIONAL MEANS. NO DIRECT PROGRAM SERVICE EXPENSES OR MEASURABLE SERVICE OUTPUTS WERE REPORTED DURING THE YEAR AS THE ORGANIZATION REMAINS IN A TRANSITIONAL AND PLANNING PHASE. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH BROAD AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING THE FORM 990, THE CEO AND ACCOUNTING AND FINANCE LEAD CONDUCT A REVIEW AND THEN EACH MEMBER OF THE BOARD OF DIRECTORS IS PROVIDED A COPY OF THE FORM 990 TO REVIEW. THE DIRECTORS ARE ENCOURAGED TO ASK ANY QUESTIONS REGARDING THE FILING AND ARE GIVEN THE OPPORTUNITY TO CONTACT THE CEO AND/OR ACCOUNTING AND FINANCE LEAD, AS WELL AS THE FIRM PREPARING THE FORM 990. IF A REGULAR BOARD MEETING IS NOT SCHEDULED PRIOR TO THE FILING, THEN AT THE DISCRETION OF THE BOARD, IF THEY DEEM IT ADVISABLE, A SPECIAL MEETING MAY BE CALLED TO DISCUSS THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS AND OFFICERS ARE REQUIRED TO COMPLY WITH THE HEALTHWISE CONFLICT OF INTEREST POLICY DURING THEIR EMPLOYMENT OR SERVICE. ANNUALLY, THEY ARE REQUIRED TO SIGN A STATEMENT AFFIRMING: THEY HAVE READ AND UNDERSTAND THE HEALTHWISE CONFLICT OF INTEREST POLICY REGARDING INTERESTED PERSONS/FINANCIAL INTEREST, AGREE TO COMPLY WITH THE POLICY, UNDERSTAND THAT HEALTHWISE IS A CHARITABLE ORGANIZATION AND, TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. THIS STATEMENT ALSO REQUIRES THEY SPECIFY IF THEY DO OR NOT HAVE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST (AS DEFINED IN THE POLICY) AND IF SO, THAT THEY DISCLOSE THIS INFORMATION. THE CEO REVIEWS THE COMPLETED STATEMENTS AND PRESENTS ANY DISCLOSED ACTUAL OR POSSIBLE CONFLICTS OF INTEREST TO THE BOARD AND/OR AUDIT, FINANCE AND COMPENSATION COMMITTEE FOR REVIEW AND A DETERMINATION OF WHETHER A CONFLICT EXISTS, AND IF SO, ADDRESS SUCH CONFLICT. IN ADDITION, THE CEO ANNUALLY REVIEWS WITH THE BOARD AND/OR AUDIT, FINANCE AND COMPENSATION COMMITTEE TRANSACTIONS BETWEEN HEALTHWISE AND ORGANIZATIONS, WHICH HAVE AN AFFILIATION WITH A DIRECTOR OR OFFICER INVOLVING A FINANCIAL INTEREST (BASED ON THEIR COMPLETED STATEMENTS) FOR A DETERMINATION OF WHETHER A CONFLICT EXISTS AND TO SEEK APPROVAL OR RATIFICATION OF THE TRANSACTION AND ITS RELATED AGREEMENTS, AS NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 THE FOLLOWING PROCEDURES ARE IN PLACE FOR SETTING AND REVIEWING CEO, OFFICERS AND KEY EMPLOYEES' COMPENSATION: 1. COMPENSATION IS REVIEWED AND APPROVED BY THE AUDIT, FINANCE AND COMPENSATION COMMITTEE (AFC COMMITTEE). PERSONS WITH CONFLICTS OF INTEREST FOR A PARTICULAR POSITION ARE NOT INVOLVED IN REVIEW OR APPROVAL FOR SUCH POSITION. 2. COMPENSATION IS REVIEWED AND APPROVED USING COMPARABLE COMPENSATION DATA PROVIDED BY AN INDEPENDENT COMPENSATION COMPANY FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE SOURCE DATA USED IS BASED ON MULTIPLE COMPENSATION SURVEYS. 3. THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS. THE DOCUMENTATION INCLUDES TERMS OF COMPENSATION, MEMBERS OF THE COMMITTEE/BOARD PRESENT FOR THE DECISION AND DISCUSSION, COMPARABLE DATA USED AND THE BASIS FOR THE DECISION MADE. 4. THE BOARD HAS ACCESS TO ALL AFC COMMITTEE DECISIONS REGARDING THE RESULTS OF THIS PROCESS AND, IN ADDITION, THE BOARD DIRECTLY HANDLES THE SETTING OF THE COMPENSATION FOR THE CEO. 5. ADDITIONALLY, THE AFC COMMITTEE PERIODICALLY ENGAGES INDEPENDENT COMPENSATION CONSULTANTS TO REVIEW AND ANALYZE TOTAL COMPENSATION FOR SPECIFIC OFFICER POSITIONS, AND THE TERMS AND COMPENSATION RELATING TO RETENTION AND INCENTIVE COMPENSATION AGREEMENTS AND SEVERANCE PLANS, AGAINST SURVEY AND/OR PEER GROUP DATA AND/OR INDUSTRY AND COMPARABLE BENCHMARK DATA. IN CONNECTION WITH THESE ENGAGEMENTS, THE AFC COMMITTEE GENERALLY SEEKS AN OPINION FROM THE INDEPENDENT COMPENSATION CONSULTANT ON THE REASONABLENESS OF THE COMPENSATION PACKAGE AND/OR TERMS RELATING TO THE RETENTION AND/OR INCENTIVE AGREEMENT OR SEVERANCE PLAN. THE REVIEW, DELIBERATION AND APPROVAL SPECIFIED IN ITEMS 1-4 ABOVE ALONG WITH THE ANALYSIS AND OPINION OF THE INDEPENDENT COMPENSATION CONSULTANT WAS USED BY THE AFC COMMITTEE AND BOARD WITH REGARD TO PLAN COMPENSATION MATTERS AND COMPENSATION OF THE CEO. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THESE DOCUMENTS ARE AVAILABLE UPON REQUEST FROM THE CEO. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 695,403. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 695,403.