Fallon Community Health Plan Inc
97% goes to programs
Fallon Community Health Plan Inc is a 501(c)(3) organization based in Worcester, Massachusetts, registered in 1976, with $1,840,780,285 in FY2024 revenue. CharityIndex grades it B+, and it directs about 97% of spending to programs.
10 Chestnut St, Worcester, MA, 01608 EIN 23-7442369 Since 1976
Revenue (FY2024)
$1.8B
▲ 5.1% vs prior year
Health median: $840K
Expenses (FY2024)
$1.9B
Net assets
$185.9M
Employees
1,382
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 rating97% 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 Fallon Community Health Plan Inc: 97% to programs earns a A+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · -1% 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 Fallon Community Health Plan Inc: 1 mo reserves · -1% margin earns a C+ 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 Fallon Community Health 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 Fallon Community Health Plan Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
See schedule o improving health and inspiring hope
Contact & location
- Address
- 10 Chestnut St, Worcester, MA, 01608
- City
- Worcester
- State
- Massachusetts
- Category
- Health Care
- Subcategory
- Health Care Financing
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.2B (FY2013) to $1.8B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $485.2MNet assets $185.9M
Operating margin
-1.2%
Spent more than it raised in the latest fiscal year.
Total assets
$671.1M
Total liabilities
$485.2M
Net assets
$185.9M
Salaries & benefits
$117.3M
6% of expenses
Board members
11
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,840,780,285▲5.1% | $1,862,403,604▲2.4% | $185,940,548▼13.9% | $671,148,566▼11.6% | 990 |
| 2023 | $1,751,638,657▲0.2% | $1,817,937,230▲5.1% | $216,068,796▼15.9% | $759,646,277▲8.7% | 990 |
| 2022 | $1,747,343,886▼2.0% | $1,729,040,635▼1.0% | $256,841,236▼15.9% | $698,844,489▼2.0% | 990 |
| 2021 | $1,782,502,394▲8.4% | $1,746,369,608▲11.3% | $305,272,081▲13.3% | $712,896,484▲15.5% | 990 |
| 2020 | $1,643,963,728▲4.0% | $1,568,643,154▼2.4% | $269,431,673▲51.1% | $617,122,763▲33.8% | 990 |
| 2019 | $1,580,533,789▲4.2% | $1,607,012,434▲6.4% | $178,299,201▼5.8% | $461,233,945▲7.2% | 990 |
| 2018 | $1,517,437,991▲21.8% | $1,510,510,448▲22.1% | $189,362,902▼2.5% | $430,103,303▲4.4% | 990 |
| 2017 | $1,245,428,878▲7.6% | $1,237,526,440▲5.1% | $194,119,888▲9.5% | $411,987,684▲10.3% | 990 |
| 2016 | $1,156,986,586▲6.0% | $1,177,082,041▲7.2% | $177,223,668▼7.5% | $373,352,982▼4.5% | 990 |
| 2015 | $1,091,448,559▼0.4% | $1,098,210,973▲0.5% | $191,593,565▼11.4% | $390,921,976▼8.3% | 990 |
| 2014 | $1,095,830,174▼8.7% | $1,092,277,125▼8.0% | $216,152,130▲2.3% | $426,331,585▼1.7% | 990 |
| 2013 | $1,199,857,993 | $1,186,618,425▲7.3% | $211,385,793▲6.3% | $433,899,893▲5.4% | 990 |
| 2012 | — | $1,105,510,246▲3.8% | $198,889,705▲17.9% | $411,842,860▲7.6% | 990 |
| 2011 | — | $1,065,335,946▼3.7% | $168,754,788▲25.2% | $382,846,207▲13.4% | 990 |
| 2010 | — | $1,106,441,255 | $134,812,253 | $337,631,320 | 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: Todd Bailey — $674,921 (0.04% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Todd Bailey | See Schedule O For Title | 47 | $674,921 |
| Manuel A Lopes | President & Ceo Eff. 7/1/24 | 44 | $550,911 |
| Emily L West | Svp, Chief Operating Officer | 48 | $454,162 |
| Jill Green Lebow | Svp, Chief Hr Officer | 48 | $446,768 |
| Lora Council Md | See Schedule O For Title | 50 | $405,034 |
| Mary Ritter | See Schedule O For Title | 49 | $390,266 |
| Linda Weinreb | Medical Director, Mcd Aco | 50 | $384,762 |
| Sean Murphy | Chief Network Strategist | 45 | $374,664 |
| Elizabeth Creavin | Vp, Corporate Controller | 45 | $370,685 |
| Mark Dichter Md | Vp, Medical Director For Um | 50 | $367,732 |
| Matthew Herndon | Svp, Chief State Prog. Officer | 50 | $361,283 |
| James Gentile | Svp, Chief Compliance Officer | 48 | $325,277 |
| Christine Cassidy | Svp, Chief Comm. Officer | 49.5 | $298,220 |
| Kristine Bostek | Svp, Pace Programs | 35 | $294,820 |
| Deborah Daviau | Vp, Medicare and Navicare | 48 | $282,523 |
| David Brumley Md | See Schedule O For Title | 50 | $227,256 |
| Richard P Burke | President & Ceo Thru 1/31/24 | 2 | $220,360 |
| Frederick Misilo Esq | Chair | 4.5 | $54,750 |
| B John Dill | Vice Chair | 3.5 | $49,250 |
| James R Buonomo | Clerk | 3.5 | $48,500 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Workplace Resource Ltd | Furniture Supplier | $2,337,527 |
| Safeway Luxury Transportation | Transportation Servi | $1,772,075 |
| Epstein Becker Green PC | Legal Services | $1,141,999 |
| Dgi Communications LLC | Audio & Visual Prod | $1,124,763 |
| Behavioral Health Partners of Metro | Community Hlth Cntr | $860,443 |
Grants made · $897K in FY2024
41 grants totaling $897K in FY2024 — showing the 15 largest. All grants made by Fallon Community Health Plan Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Pawtucket Red Sox James J Skeffington Charitable Foundation | General support | $165,000 |
| Worcester Railers Hc Charitable Foundation Inc | General support | $141,000 |
| Worcester County Food Bank Inc | General support | $55,000 |
| Worcester Regional Chamber of Commerce | General support | $33,855 |
| City of Worcester | General support | $33,373 |
| Worcester Regional Tourism and Visitors Corporation | General support | $30,000 |
| United Way of Central Mass | General support | $27,500 |
| Ron Burton Training Village Inc | General support | $25,250 |
| University of Massachusetts Amherst Foundation Inc | General support | $25,000 |
| Boys and Girls Club of Worcester | General support | $22,580 |
| Rachels Table of Western Massachusetts Inc | General support | $21,500 |
| Veterans Inc | General support | $20,735 |
| Worcester Area Business Education Foundation Inc | General support | $20,000 |
| Worcester Rise For Health | Furniture donation | $19,165 |
| El Buen Samaritano Food Program Inc | General support | $16,500 |
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Frequently asked questions
- Is Fallon Community Health Plan Inc a legitimate nonprofit?
- Yes. Fallon Community Health Plan Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7442369, based in Worcester, Massachusetts. Donations are tax-deductible.
- What is Fallon Community Health Plan Inc's EIN?
- Fallon Community Health Plan Inc's Employer Identification Number (EIN) is 23-7442369.
- How much revenue does Fallon Community Health Plan Inc report?
- Fallon Community Health Plan Inc reported $1,840,780,285 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Fallon Community Health Plan Inc's spending goes to programs?
- Fallon Community Health Plan Inc spends about 97% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Fallon Community Health Plan Inc have?
- CharityIndex grades Fallon Community Health Plan Inc B+, based on program efficiency and fundraising cost.
- How much does Fallon Community Health Plan Inc's highest-paid employee make?
- The highest reported compensation on Fallon Community Health Plan Inc's latest Form 990 is $674,921, paid to Todd Bailey (See Schedule O For Title).
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Data for Fallon Community Health Plan Inc (EIN 23-7442369) 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.