Denver Health Medical Plan Inc
501(c)(4)
96% goes to programs Thin reserves
Denver Health Medical Plan Inc is a 501(c)(4) organization based in Denver, Colorado, registered in 1998, with $536,017,809 in FY2024 revenue. CharityIndex grades it C+, and it directs about 96% of spending to programs.
777 Bannock St Mc 6000, Denver, CO, 80204 EIN 84-1354846 Since 1998
Revenue (FY2024)
$536.0M
▼ 0.6% vs prior year
Expenses (FY2024)
$592.0M
Net assets
-$9.6M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
C+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 Denver Health Medical Plan Inc: 96% to programs earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -10% 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 Denver Health Medical Plan Inc: 0 mo reserves · -10% margin earns a D on this criterion. See the exact thresholds →
A+Governance25% of the rating6 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 Denver Health Medical Plan Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Denver Health Medical Plan Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide all in our community with access to the highest quality health care regardless of ability to pay. to educate the next generation of health care professionals serving our community. and to engage in research and community partnerships to better deliver the health care needs of our patients.
Contact & location
Financial trends
Revenue grew from $110.6M (FY2013) to $536.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $98.6MNet assets -$9.6M
Operating margin
-10.4%
Spent more than it raised in the latest fiscal year.
Total assets
$89.0M
Total liabilities
$98.6M
Net assets
-$9.6M
Salaries & benefits
$33.6M
6% of expenses
Board members
11
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $536,017,809▼0.6% | $591,954,933▲12.0% | -$9,554,760▼121% | $89,049,995▼32.8% | 990 |
| 2023 | $539,332,417▼1.4% | $528,434,461▼3.6% | $44,999,693▲21.7% | $132,596,699▲8.5% | 990 |
| 2022 | $547,037,392▲13.5% | $547,995,656▲12.3% | $36,980,741▼11.1% | $122,265,011▲46.7% | 990 |
| 2021 | $481,837,741▲11.9% | $488,072,452▲16.4% | $41,577,543▼15.1% | $83,331,109▼6.4% | 990 |
| 2020 | $430,680,694▲10.0% | $419,218,410▲8.2% | $48,955,485▲35.7% | $89,033,133▲10.3% | 990 |
| 2019 | $391,412,406▲56.6% | $387,344,425▲54.8% | $36,069,769▲18.2% | $80,694,513▲18.6% | 990 |
| 2018 | $249,937,096▲55.8% | $250,198,841▲55.3% | $30,517,726▼1.8% | $68,063,440▲18.4% | 990 |
| 2017 | $160,428,095▲13.9% | $161,065,952▲19.8% | $31,078,187▼1.8% | $57,494,779▲11.0% | 990 |
| 2016 | $140,820,502▲15.8% | $134,428,771▲11.6% | $31,647,613▲2.0% | $51,786,716▲6.8% | 990 |
| 2015 | $121,606,641▲4.5% | $120,405,995▼0.8% | $31,037,736▲4.8% | $48,508,815▲6.1% | 990 |
| 2014 | $116,389,019▲5.2% | $121,406,083▲17.4% | $29,602,753▼10.3% | $45,713,238▲3.8% | 990 |
| 2013 | $110,589,379 | $103,390,244▲14.2% | $33,008,633▼6.1% | $44,035,509▼8.7% | 990 |
| 2012 | — | $90,529,712▲6.0% | $35,158,112▲33.0% | $48,210,288▲17.5% | 990 |
| 2011 | — | $85,368,395▲5.3% | $26,442,215▲34.5% | $41,015,037▲36.1% | 990 |
| 2010 | — | $81,078,158 | $19,652,624 | $30,137,067 | 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)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Ansar Hassan | Dhmp Cfo (begin 10/2024) | 38 | — |
| Bryant Wiltrout | Dir, It Systems | 40 | — |
| Christine Seals | Medical Director | 40 | — |
| Darla Schmidt | Sr Dir Health Plan Utilization Mgmt | 40 | — |
| Don Fowler | Chair | 2 | — |
| Donna Lynne | Board Member | 1 | — |
| Enid A Wade | Secretary | 2 | — |
| Gregory Mccarthy | Ceo | 40 | — |
| Helen Atkeson | Vice Chair | 2 | — |
| Joseph Caldwell | Dhmp Cfo (end 11/2024) | 40 | — |
| Kelli Ogunsanya | Board Member (begin 02/2024) | 1 | — |
| Len Dryer | Board Member | 1 | — |
| Liz Kah | Board Member | 1 | — |
| Lucas Wilson | Associate Coo | 40 | — |
| Michael Wagner | Chief Administrative Officer | 40 | — |
| Norma Stiglich | Former Medical Director | 0 | — |
| Rebecca Hanratty | Board Member | 1 | — |
| Rebecca Stob | Dir, Actuarial Services | 40 | — |
| Rick Newsome | Treasurer | 2 | — |
| Ruie Winters | Sr Dir Health Outcomes, Pharmacy, Managed Care | 40 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Denver Health and Hospital Authority | Medpharm Claims, Capitation Pmt, Admin/legal Svcs, Nurse Line. | $174,181,015 |
| Medimpact Healthcare System | Pharmacy | $29,409,675 |
| University of Colorado Hospital | Medical Services | $28,114,569 |
| Sky Ridge Medical Center | Medical Services | $14,058,604 |
| Children's Hospital Colorado | Medical Services | $11,804,975 |
Frequently asked questions
- Is Denver Health Medical Plan Inc a legitimate nonprofit?
- Yes. Denver Health Medical Plan Inc is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 84-1354846, based in Denver, Colorado.
- What is Denver Health Medical Plan Inc's EIN?
- Denver Health Medical Plan Inc's Employer Identification Number (EIN) is 84-1354846.
- How much revenue does Denver Health Medical Plan Inc report?
- Denver Health Medical Plan Inc reported $536,017,809 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Denver Health Medical Plan Inc's spending goes to programs?
- Denver Health Medical Plan Inc spends about 96% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Denver Health Medical Plan Inc have?
- CharityIndex grades Denver Health Medical Plan Inc C+, based on program efficiency and fundraising cost.
- How much does Denver Health Medical Plan Inc's highest-paid employee make?
- The highest reported compensation on Denver Health Medical Plan Inc's latest Form 990 is $0, paid to Ansar Hassan (Dhmp Cfo (begin 10/2024)).
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Data for Denver Health Medical Plan Inc (EIN 84-1354846) 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.