Health First Commercial Plans Inc
501(c)(4)
96% goes to programs Strong reserves Declining revenue
Health First Commercial Plans Inc is a 501(c)(4) organization based in Rockledge, Florida, registered in 2018, with $106,707,022 in FY2024 revenue. CharityIndex grades it A, and it directs about 96% of spending to programs.
3300 S Fiske Blvd, Rockledge, FL, 32955 EIN 82-1866443 Since 2018
Revenue (FY2024)
$106.7M
▼ 71.4% vs prior year
Expenses (FY2024)
$97.8M
Net assets
$80.1M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
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 Health First Commercial Plans Inc: 96% to programs earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating10 mo reserves · +8% 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 Health First Commercial Plans Inc: 10 mo reserves · +8% margin earns a A 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 Health First Commercial Plans Inc: 5 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 Health First Commercial Plans Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
We exist to improve the health and wellness of the communities we serve.
Contact & location
Financial trends
Revenue declined from $193.6M (FY2017) to $106.7M (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $49.5MNet assets $80.1M
Operating margin
8.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$129.6M
Total liabilities
$49.5M
Net assets
$80.1M
Salaries & benefits
$3.3M
3% of expenses
Board members
4
3 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $106,707,022▼71.4% | $97,763,140▼73.4% | $80,112,856▲12.0% | $129,592,257▼6.4% | 990 |
| 2023 | $372,774,713▲46.0% | $367,951,182▲50.0% | $71,532,224▼7.1% | $138,501,260▲13.4% | 990 |
| 2022 | $255,391,568▲11.2% | $245,380,620▲7.2% | $76,980,754▲15.5% | $122,120,572▲6.0% | 990 |
| 2021 | $229,587,621▼19.3% | $228,853,175▼17.0% | $66,629,433▼3.6% | $115,166,357▼10.4% | 990 |
| 2020 | $284,379,591▲11.9% | $275,573,523▲11.7% | $69,105,539▲1.6% | $128,563,728▲16.3% | 990 |
| 2019 | $254,051,476▲2.8% | $246,675,398▲0.9% | $68,043,552▲15.0% | $110,571,636▲16.5% | 990 |
| 2018 | $247,211,025▲27.7% | $244,558,496▲35.3% | $59,153,460▲7.6% | $94,871,832▼2.1% | 990 |
| 2017 | $193,634,280 | $180,717,610 | $54,982,859 | $96,921,866 | 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 |
|---|---|---|---|
| Alan L Prestwood | Director | 1 | — |
| Andrew Fink | Sr. Vp Community Health Services Beg 8/24 | 1 | — |
| Brett A Esrock | Frmr Exe Vp Cfo/coo Treasurer E | 0 | — |
| Dale A Dettmer Esq | Director | 1 | — |
| Drew A Rector | Former Evp Cso/vc | 0 | — |
| Frank S Letherby | Former Sr. Vp Comm Hs /directo | 0 | — |
| Joshua P Pulver | Vp Cfo Hfhp | 12 | — |
| Kim K Patrick | Director | 1 | — |
| Kristen M Pulio | Executive Vp Cfo Beg. 9/24 | 3 | — |
| Matthew F Gerrell | Sr Vp Ceo Health Plans | 13 | — |
| Michael A Scialdone | Former Evp/cfo Hfi/secr/tr | 0 | — |
| Nicholas W Romanello Esq | Secretary | 3 | — |
| Robert K Henry | Former Director | 0 | — |
| Steven P Johnson | Former Chair/president/ceo | 0 | — |
| Taylor K Smith | Frmr Interim Ceo Hfi End 8/24 | 0 | — |
| Terry L Forde | President/ceo Beg. 8/5/202 | 3 | — |
Frequently asked questions
- Is Health First Commercial Plans Inc a legitimate nonprofit?
- Yes. Health First Commercial Plans Inc is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 82-1866443, based in Rockledge, Florida.
- What is Health First Commercial Plans Inc's EIN?
- Health First Commercial Plans Inc's Employer Identification Number (EIN) is 82-1866443.
- How much revenue does Health First Commercial Plans Inc report?
- Health First Commercial Plans Inc reported $106,707,022 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Health First Commercial Plans Inc's spending goes to programs?
- Health First Commercial Plans Inc spends about 96% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Health First Commercial Plans Inc have?
- CharityIndex grades Health First Commercial Plans Inc A, based on program efficiency and fundraising cost.
- How much does Health First Commercial Plans Inc's highest-paid employee make?
- The highest reported compensation on Health First Commercial Plans Inc's latest Form 990 is $0, paid to Alan L Prestwood (Director).
More nonprofits in Rockledge
Explore more
Data for Health First Commercial Plans Inc (EIN 82-1866443) 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.