Capital District Physicians Health Plan Inc
501(c)(4)
96% goes to programs Thin reserves
Capital District Physicians Health Plan Inc is a 501(c)(4) organization based in Latham, New York, registered in 1985, with $2,087,598,226 in FY2024 revenue. CharityIndex grades it B, and it directs about 96% of spending to programs.
6 Wellness Way, Latham, NY, 12110 EIN 14-1641028 Since 1985
Revenue (FY2024)
$2.1B
▲ 2.5% vs prior year
Expenses (FY2024)
$2.2B
Net assets
$89.6M
Employees
1,501
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating96% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Capital District Physicians Health Plan Inc: 96% to programs earns a A+ on this criterion. See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · -4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Capital District Physicians Health Plan Inc: 0 mo reserves · -4% margin earns a C on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Capital District Physicians Health Plan Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Capital District Physicians Health Plan Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Cdphp provides quality health care at a reasonable cost for cdphp members and operates as a model for the delivery, financing, and administration of health care services.
What they do
Cdphp's medicaid, harp, and essential plans provide health care benefits to 108,344 members in new york state.
Cdphp's medicare program provides health care benefits to 54,169 members in new york state.
Contact & location
Financial trends
Revenue grew from $1.3B (FY2013) to $2.1B (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $440.8MNet assets $89.6M
Operating margin
-3.9%
Spent more than it raised in the latest fiscal year.
Total assets
$530.3M
Total liabilities
$440.8M
Net assets
$89.6M
Salaries & benefits
$138.7M
6% of expenses
Board members
16
5 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,087,598,226▲2.5% | $2,168,199,456▲9.4% | $89,560,123▼65.1% | $530,312,235▼9.8% | 990 |
| 2023 | $2,035,980,146▼0.4% | $1,981,536,225▼4.3% | $256,565,883▲5.4% | $588,027,141▼6.6% | 990 |
| 2022 | $2,044,552,285▲7.1% | $2,069,745,086▲6.2% | $243,404,559▼34.5% | $629,458,696▼15.3% | 990 |
| 2021 | $1,909,442,378▲9.2% | $1,948,052,467▲9.6% | $371,730,522▼22.0% | $743,367,236▼4.5% | 990 |
| 2020 | $1,749,273,300▲8.6% | $1,777,852,843▲11.7% | $476,714,100▲9.5% | $778,008,144▲15.8% | 990 |
| 2019 | $1,610,134,034▲5.9% | $1,592,330,440▲7.8% | $435,170,504▲7.7% | $671,719,138▲7.7% | 990 |
| 2018 | $1,519,962,941▲4.8% | $1,477,007,828▲4.2% | $404,117,697▲21.6% | $623,455,338▲14.8% | 990 |
| 2016 | $1,450,599,647▼4.5% | $1,416,798,267▼1.1% | $332,381,653▲4.3% | $543,253,306▲5.6% | 990 |
| 2015 | $1,518,625,155▲4.9% | $1,432,922,843▲0.6% | $318,681,768▲13.7% | $514,503,766▲7.7% | 990 |
| 2014 | $1,448,037,570▲10.1% | $1,424,344,226▲10.3% | $280,328,853▼14.2% | $477,542,554▼9.3% | 990 |
| 2013 | $1,314,663,338 | $1,291,669,710▲6.8% | $326,674,017▼19.0% | $526,345,828▼15.5% | 990 |
| 2012 | — | $1,209,542,627▲14.7% | $403,401,481▲12.7% | $622,934,009▲9.0% | 990 |
| 2011 | — | $1,054,307,711▲6.5% | $358,090,608▲13.4% | $571,683,092▲14.3% | 990 |
| 2010 | — | $990,382,913 | $315,687,521 | $500,325,970 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: John D Bennett Md — $1,478,272 (0.07% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| John D Bennett Md | Ceo/president (former) | 40 | $1,478,272 |
| Brian O'grady | Ceo/president | 40 | $988,118 |
| John Lutz | Evp/integrated Del Sys (former) | 40 | $968,623 |
| Mary Jane Bendon Couch | Evp General Counsel (former) | 40 | $917,739 |
| Kathryn Decker | Evp/people and Culture/chro | 40 | $824,825 |
| Paul Kahlon | Evp Finance and Cfo | 40 | $725,622 |
| Peter Difondi | Svp/information Technology Cio | 40 | $682,730 |
| Elizabeth Warner | Evp Chief Medical Officer (former) | 40 | $663,345 |
| Eileen Wood | Evp Pharmacy Services/cpo (former) | 40 | $636,103 |
| Nicholas Kraft | Svp Chief Growth Officer | 40 | $564,692 |
| Patricia Lushkevich | Svp Internal Operations | 40 | $529,257 |
| Bruce E Coplin Md | Evp Chief Medical Officer | 40 | $526,175 |
| Ned Jaleel | Vp Member Health Senior Medical | 40 | $489,324 |
| Robert Little | Vp Underwriting | 40 | $465,822 |
| Sheila Nelson | Chief Compliance Officer (former) | 40 | $411,357 |
| Tanvir Khan | Svp/technology Data and An | 0 | $378,561 |
| Barbara Downs | Evp Corporate Administration (former) | 0 | $168,282 |
| Amy Johnson | Director | 12.9 | $76,600 |
| Michael Devito Md | Chairman of the Board | 1.1 | $75,800 |
| Gerald Jennings | Director | 12.2 | $73,800 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Nationsbenefits Holdings LLC | Healthcare Services | $23,972,652 |
| Landmark Health LLC | Healthcare Services | $12,924,175 |
| Atos Syntel Inc | It Processing and Consulting | $9,437,677 |
| Bbl Construction Services | Construction Services | $5,105,058 |
| Clarity Software Solutions | It Processing and Consulting | $4,908,846 |
Grants made · $90K in FY2024
2 grants totaling $90K in FY2024. All grants made by Capital District Physicians Health Plan Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Comfort Food Community | Food assistance | $60,000 |
| Cdphp Foundation Inc | Operating grant | $29,715 |
Frequently asked questions
- Is Capital District Physicians Health Plan Inc a legitimate nonprofit?
- Yes. Capital District Physicians Health Plan Inc is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 14-1641028, based in Latham, New York.
- What is Capital District Physicians Health Plan Inc's EIN?
- Capital District Physicians Health Plan Inc's Employer Identification Number (EIN) is 14-1641028.
- How much revenue does Capital District Physicians Health Plan Inc report?
- Capital District Physicians Health Plan Inc reported $2,087,598,226 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Capital District Physicians Health Plan Inc's spending goes to programs?
- Capital District Physicians Health Plan Inc spends about 96% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Capital District Physicians Health Plan Inc have?
- CharityIndex grades Capital District Physicians Health Plan Inc B, based on program efficiency and fundraising cost.
- How much does Capital District Physicians Health Plan Inc's highest-paid employee make?
- The highest reported compensation on Capital District Physicians Health Plan Inc's latest Form 990 is $1,478,272, paid to John D Bennett Md (Ceo/president (former)).
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Data for Capital District Physicians Health Plan Inc (EIN 14-1641028) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.