Health First Inc Welfare Benefit Plan
501(c)(9)
100% goes to programs Thin reserves
Health First Inc Welfare Benefit Plan is a 501(c)(9) organization based in Rockledge, Florida, with $80,662,014 in FY2024 revenue. CharityIndex grades it B+, and it directs about 100% of spending to programs.
3300 Fiske Blvd Bldg B, Rockledge, FL, 32955 EIN 59-2603700
Revenue (FY2024)
$80.7M
▼ 12.3% vs prior year
Expenses (FY2024)
$87.7M
Net assets
$7.0M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
A+Program efficiency40% of the rating100% 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 Inc Welfare Benefit Plan: 100% to programs earns a A+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · -9% 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 Inc Welfare Benefit Plan: 1 mo reserves · -9% margin earns a C+ on this criterion. See the exact thresholds →
BGovernance25% of the rating4 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 Inc Welfare Benefit Plan: 4 of 6 checks met earns a B 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 Inc Welfare Benefit Plan: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Employee health, dental, and other benefits.
Contact & location
Financial trends
Revenue held steady from $79.2M (FY2019) to $80.7M (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $198KNet assets $7.0M
Operating margin
-8.8%
Spent more than it raised in the latest fiscal year.
Total assets
$7.2M
Total liabilities
$198K
Net assets
$7.0M
Salaries & benefits
$0
0% of expenses
Board members
6
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $80,662,014▼12.3% | $87,736,637▲1.0% | $7,000,714▼50.3% | $7,199,177▼49.6% | 990 |
| 2023 | $92,015,934▲12.4% | $86,842,496▲9.4% | $14,075,337▲58.1% | $14,293,888▲51.0% | 990 |
| 2022 | $81,892,543▲7.6% | $79,374,972▲4.2% | $8,901,899▲39.4% | $9,463,722▲43.5% | 990 |
| 2021 | $76,084,325▼7.2% | $76,207,978▼4.4% | $6,384,328▼1.9% | $6,596,881▼6.7% | 990 |
| 2020 | $82,018,680▲3.5% | $79,723,593▲0.7% | $6,507,981▲54.5% | $7,066,959▲57.5% | 990 |
| 2019 | $79,218,384 | $79,204,141 | $4,212,894 | $4,487,647 | 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 |
|---|---|---|---|
| Brett A Esrock End 072024 | Trustee | 1 | — |
| Jeffrey C Stalnaker Md | Trustee | 1 | — |
| Kristen M Pulio Beg 092024 | Trustee | 1 | — |
| Nicholas W Romanello Esq | Trustee | 1 | — |
| Paula B Just | Trustee | 1 | — |
| Taylor K Smith | Trustee | 1 | — |
| Terry L Forde Beg 082024 | Trustee | 1 | — |
Frequently asked questions
- Is Health First Inc Welfare Benefit Plan a legitimate nonprofit?
- Yes. Health First Inc Welfare Benefit Plan is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 59-2603700, based in Rockledge, Florida.
- What is Health First Inc Welfare Benefit Plan's EIN?
- Health First Inc Welfare Benefit Plan's Employer Identification Number (EIN) is 59-2603700.
- How much revenue does Health First Inc Welfare Benefit Plan report?
- Health First Inc Welfare Benefit Plan reported $80,662,014 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Health First Inc Welfare Benefit Plan's spending goes to programs?
- Health First Inc Welfare Benefit Plan spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Health First Inc Welfare Benefit Plan have?
- CharityIndex grades Health First Inc Welfare Benefit Plan B+, based on program efficiency and fundraising cost.
- How much does Health First Inc Welfare Benefit Plan's highest-paid employee make?
- The highest reported compensation on Health First Inc Welfare Benefit Plan's latest Form 990 is $0, paid to Brett A Esrock End 072024 (Trustee).
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Data for Health First Inc Welfare Benefit Plan (EIN 59-2603700) 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.