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Nonprofit · EIN 26-4016115

GI QUALITY IMPROVEMENT CONSORTIUM LTD

Tax-exempt · N BETHESDA, MD 20852

Financials

$2.7M$2.5M2023$2.6M$3.2M2024
Revenue Expenses · by fiscal year end
Financials of GI QUALITY IMPROVEMENT CONSORTIUM LTD by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,628,054$3,198,593-$570,539$5,306,550$650,527$4,656,023
December 31, 2023990$2,671,741$2,454,018$217,723$5,297,954$490,092$4,807,862
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,496,013
Investment income
$131,560
Net gain from sales of assets
-$212
Other revenue
$481

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$498
Accounting fees
$13,499
Program services (functional)
$3,027,202
Management and general (functional)
$171,391

Balance sheet and other

Total assets, start of year
$5,297,954
Total assets, end of year
$5,306,550
Total liabilities, end of year
$650,527
Net assets, end of year
$4,656,023
Publicly traded securities
$4,064,497
Net assets without donor restrictions
$4,656,023
Gross receipts
$2,656,787
Employees
0
Volunteers
0
Year formed
2009
State of legal domicile
MD

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JAY YEPURI MDVICE PRESIDENT
Trustee or director, Officer
1$0
KATIE FARAHMDSECRETARY
Trustee or director, Officer
1$0
COLLEEN SCHMITT MDPRESIDENT
Trustee or director, Officer
3$0
BRETT BERNSTEINDIRECTOR
Trustee or director
1$0
AASMA SHAUKATDIRECTOR
Trustee or director
1$0
JOE VICARITREASURER
Trustee or director, Officer
1$0
MICHAEL WALLACEDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
JAY YEPURI MDTREASURER
Trustee or director, Officer
1$0
KATIE FARAHMDDIRECTOR
Trustee or director
1$0
COSTAS KEFALAS MDPRESIDENT
Trustee or director, Officer
3$0
COLLEEN SCHMITT MDVICE PRESIDENT
Trustee or director, Officer
1$0
BRETT BERNSTEINSECRETARY
Trustee or director, Officer
1$0
AASMA SHAUKATDIRECTOR
Trustee or director
1$0
JOE VICARIDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
11333 WOODGLEN DR STE 100, N BETHESDA, MD 20852-3071
In care of
% BRADLEY C STILLMAN
Principal officer (990 for 2024)
COSTAS KEFALAS MD, 11333 WOODGLEN DRIVE 100, NORTH BETHESDA, MD 208523071
Signed the 990
LAURIE H PARKER, EXECUTIVE DIRECTOR
Phone
(301) 263-9000
Website
GIQUIC.ORG
Return prepared by
MATTHEWS CARTER & BOYCE

Mission

THE GI QUALITY IMPROVEMENT CONSORTIUM, LTD IS AN EDUCATIONAL AND SCIENTIFIC ORGANIZATION ESTABLISHED BY PHYSICIANS SPECIALIZING IN GASTROENTEROLOGY. THE CONSORTIUM'S PURPOSE IS TO IMPROVE THE QUALITY OF MEDICAL CARE GIVEN TO PATIENTS THROUGHOUT THE UNITED STATES AND ABROAD AND THEREBY IMPROVE AND PROMOTE THE HEALTH OF THE GENERAL PUBLIC CONSISTENT WITH SECTION 501(C)(3). THE CONSORTIUM HAS DESIGNED, DEVELOPED, AND IS UTILIZING VARIOUS MEASUREMENTS OF ENDOSCOPIC TECHNIQUES OF PRACTICING GASTROENTEROLOGISTS IN A PROCESS REFERRED TO AS BENCHMARKING. THE COLLECTION AND SCIENTIFIC MEASUREMENT OF DATA COLLECTED IN REFERENCE TO THE QUALITY OF EDOSCOPIC PROCEDURES WILL IMPROVE THE QUALITY OF MEDICAL CARE BEING GIVEN TO PATIENTS. OVER TIME, IT IS BELIEVED THAT THE PROJECT CAN DETERMINE WHICH INDICATORS ARE GOOD MEASURES FOR IMPROVING PATIENT TREATMENT AND OUTCOMES.

990 for the year ended December 31, 2024

Program accomplishments

  • THE CONSORTIUM HAS DESIGNED AND DEVELOPED VARIOUS MEASUREMENTS OF ENDOSCOPIC TECHNIQUES THAT WILL LEAD TO IMPROVED QUALITY OF CARE FOR PATIENTS. AS OUR RECRUITED GASTROENTEROLOGY BASE OF MEMBERS CONTINUES TO EXPAND, THE QUANTITY AND QUALITY OF SUBMITTED DATA INDICATORS ALLOWS GASTROENTEROLOGISTS TO IMPROVE HEALTHCARE OUTCOMES.
    Expenses $3,027,202 · revenue $2,496,013

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-4016115
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2009
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,306,550
Income (IRS master file)
$2,656,787

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,628,054$3,198,593$5,306,550XML
990December 2023$2,671,741$2,454,018$5,297,954XML
990December 2022$2,852,590$2,481,760$4,706,655IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-4016115).

Questions about GI QUALITY IMPROVEMENT CONSORTIUM LTD

What is the EIN of GI QUALITY IMPROVEMENT CONSORTIUM LTD?
The employer identification number (EIN) of GI QUALITY IMPROVEMENT CONSORTIUM LTD is 26-4016115.
Is GI QUALITY IMPROVEMENT CONSORTIUM LTD tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to GI QUALITY IMPROVEMENT CONSORTIUM LTD tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GI QUALITY IMPROVEMENT CONSORTIUM LTD file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GI QUALITY IMPROVEMENT CONSORTIUM LTD due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GI QUALITY IMPROVEMENT CONSORTIUM LTD last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GI QUALITY IMPROVEMENT CONSORTIUM LTD?
The 990 for the year ended December 31, 2024 names COSTAS KEFALAS MD.
Who are the officers and directors of GI QUALITY IMPROVEMENT CONSORTIUM LTD?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does GI QUALITY IMPROVEMENT CONSORTIUM LTD have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,628,054, expenses of $3,198,593 and total assets of $5,306,550 at year end.

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