Health Partners Plans Inc
501(c)(4)
72% goes to programs Growing revenue
Health Partners Plans Inc is a 501(c)(4) organization based in Philadelphia, Pennsylvania, registered in 1989, with $2,601,819,990 in FY2024 revenue. CharityIndex grades it B+, and it directs about 72% of spending to programs.
1101 Market St, Philadelphia, PA, 19107 EIN 23-2379751 Since 1989
Revenue (FY2024)
$2.6B
▲ 2.7% vs prior year
Expenses (FY2024)
$2.6B
Net assets
$347.9M
Employees
966
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
B+Program efficiency40% of the rating72% 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 Partners Plans Inc: 72% to programs earns a B+ on this criterion. See the exact thresholds →
BFinancial health25% of the rating2 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 Health Partners Plans Inc: 2 mo reserves · +1% margin earns a B 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 Partners Plans 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 Health Partners Plans Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Licensed hmo committed to building healthier lives and stronger communities.
What they do
Health partners medicare offers three medicare advantage plans all designed to meet your unique healthcare needs. our medicare advantage plans provide more benefits than original medicare with no or low monthly plan premiums. please refer to schedule o for additional information.
The children's health insurance program (chip), brought to you by kidzpartners, provides pennsylvania children (up to age 19) with free or low-cost health coverage, depending on family size and income. please refer to schedule o for additional information.
Contact & location
- Address
- 1101 Market St, Philadelphia, PA, 19107
- City
- Philadelphia
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $918.9M (FY2014) to $2.6B (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $376.6MNet assets $347.9M
Operating margin
1.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$724.5M
Total liabilities
$376.6M
Net assets
$347.9M
Salaries & benefits
$113.8M
4% of expenses
Board members
7
3 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,601,819,990▲2.7% | $2,575,232,828▲3.6% | $347,944,789▲10.7% | $724,547,576▼10.8% | 990 |
| 2023 | $2,533,922,687▲18.0% | $2,486,747,361▲18.0% | $314,236,579▲20.3% | $812,680,598▲3.8% | 990 |
| 2022 | $2,146,673,179▲12.9% | $2,106,966,742▲12.5% | $261,182,873▲10.5% | $782,878,996▲20.1% | 990 |
| 2021 | $1,902,227,889▲5.9% | $1,872,264,904▲4.4% | $236,276,685▲12.5% | $651,760,882▲5.3% | 990 |
| 2020 | $1,795,543,344▲0.3% | $1,793,677,418▼0.4% | $210,046,063▲5.7% | $618,664,524▼9.2% | 990 |
| 2019 | $1,790,181,576▼9.0% | $1,801,474,169▼7.0% | $198,744,895▲23.9% | $681,218,101▲19.6% | 990 |
| 2018 | $1,968,019,081▲4.7% | $1,936,272,867▲3.6% | $160,426,390▲22.3% | $569,673,685▼0.8% | 990 |
| 2017 | $1,880,321,864▼5.5% | $1,869,281,392▼4.7% | $131,223,325▲9.1% | $574,124,690▼8.1% | 990 |
| 2016 | $1,989,236,266▲29.2% | $1,961,917,891▲27.4% | $120,277,330▲31.8% | $624,496,294▲31.2% | 990 |
| 2015 | $1,539,792,888▲67.6% | $1,539,792,888▲66.0% | $91,275,843▼1.7% | $476,023,567▲53.9% | 990 |
| 2014 | $918,858,985 | $927,398,743▼10.9% | $92,859,840▼7.2% | $309,333,650▲8.0% | 990 |
| 2012 | — | $1,040,744,405▼0.6% | $100,013,947▲3.0% | $286,357,123▲6.6% | 990 |
| 2011 | — | $1,046,852,571▲9.3% | $97,120,057▲8.7% | $268,740,238▼1.8% | 990 |
| 2010 | — | $957,959,783 | $89,320,018 | $273,656,992 | 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: Denise M Napier Rn — $2,099,474 (0.08% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Denise M Napier Rn | President & Ceo | 40 | $2,099,474 |
| Christopher Mctiernan | Chief Operating Officer | 40 | $1,169,102 |
| Kevin Clancy | Svp & Cfo | 40 | $1,137,871 |
| Carol Potts | Svp Health Care Data Analytics | 40 | $835,181 |
| Catherine Bird | Chief Admin. & Diversity Off. | 40 | $615,981 |
| Eugene T Diebold | Vp Finance | 40 | $539,101 |
| Johnna W Baker Esq | Chief Legal Officer | 40 | $532,006 |
| Patrick Oxholm | Chief Development Officer | 40 | $530,030 |
| Austen Mcgee | Vp Human Resources(term 11/24) | 40 | $431,605 |
| David Jaspan | Chief Medical Officer | 40 | $343,140 |
| Ramesh J Vangala | Former Key Employee | 40 | $282,424 |
| Joseph T Brand | Former Officer | 0 | $247,599 |
| Clarence Armbrister | Director | 5 | $10,182 |
| Loree D Jones | Vice Chair - Director | 5 | $6,150 |
| Cynthia Figueroa | Director | 5 | $4,950 |
| Anna Flattau Md | Director | 55 | — |
| Baligh Yehia Md | Director | 55 | — |
| Cristina G Cavalieri Esq | Secretary | 60 | — |
| John Mordach | Treasurer - Director | 55 | — |
| Joseph G Cacchione Md | Chair - Director | 60 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Ust Healthproof Inc | Core Sys Development | $10,402,396 |
| Tgt Enterprise Inc | Marketing | $4,160,487 |
| Ccs Intervention Operations LLC | In Home Visits | $3,718,961 |
| The Rdi Corporation | Call Center Svcs. | $3,453,844 |
| Health Management Systems Inc | Claims Recoveries | $3,437,544 |
Grants made · $25K in FY2021
1 grant totaling $25K in FY2021. All grants made by Health Partners Plans Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Health Partners Foundation | Program support | $25,000 |
Frequently asked questions
- Is Health Partners Plans Inc a legitimate nonprofit?
- Yes. Health Partners Plans Inc is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 23-2379751, based in Philadelphia, Pennsylvania.
- What is Health Partners Plans Inc's EIN?
- Health Partners Plans Inc's Employer Identification Number (EIN) is 23-2379751.
- How much revenue does Health Partners Plans Inc report?
- Health Partners Plans Inc reported $2,601,819,990 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Health Partners Plans Inc's spending goes to programs?
- Health Partners Plans Inc spends about 72% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Health Partners Plans Inc have?
- CharityIndex grades Health Partners Plans Inc B+, based on program efficiency and fundraising cost.
- How much does Health Partners Plans Inc's highest-paid employee make?
- The highest reported compensation on Health Partners Plans Inc's latest Form 990 is $2,099,474, paid to Denise M Napier Rn (President & Ceo).
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Data for Health Partners Plans Inc (EIN 23-2379751) 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.