Independent Health Association Inc
91% goes to programs Growing revenue
Independent Health Association Inc is a 501(c)(4) organization based in Buffalo, New York, registered in 1978, with $1,732,719,902 in FY2024 revenue. CharityIndex grades it A, and it directs about 91% of spending to programs.
511 Farber Lakes Dr, Buffalo, NY, 14221 EIN 16-1080163 Since 1978
Revenue (FY2024)
$1.7B
▲ 8.3% vs prior year
Health median: $840K
Expenses (FY2024)
$1.7B
Net assets
$425.5M
Employees
1,492
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 rating91% 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 Independent Health Association Inc: 91% to programs earns a A+ on this criterion. See the exact thresholds →
BFinancial health25% of the rating3 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 Independent Health Association Inc: 3 mo reserves · -1% margin earns a B 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 Independent Health Association 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 Independent Health Association Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Provides health-related products and services that enable affordable access to quality health care.
Contact & location
- Address
- 511 Farber Lakes Dr, Buffalo, NY, 14221
- City
- Buffalo
- State
- New York
- Category
- Health Care
- Subcategory
- Nursing & Home Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.4B (FY2013) to $1.7B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $351.3MNet assets $425.5M
Operating margin
-0.9%
Spent more than it raised in the latest fiscal year.
Total assets
$776.7M
Total liabilities
$351.3M
Net assets
$425.5M
Salaries & benefits
$90.6M
5% of expenses
Board members
16
15 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,732,719,902▲8.3% | $1,747,815,329▲4.3% | $425,455,871▼7.1% | $776,718,863▼7.6% | 990 |
| 2023 | $1,600,418,300▲1.8% | $1,676,202,535▲7.5% | $458,082,121▼9.4% | $840,495,742▼8.7% | 990 |
| 2022 | $1,572,271,176▲5.6% | $1,558,677,842▲1.5% | $505,577,985▼8.7% | $920,173,815▼4.3% | 990 |
| 2021 | $1,489,183,590▲3.2% | $1,535,994,749▲10.6% | $553,735,879▼8.2% | $961,041,739▲19.3% | 990 |
| 2020 | $1,443,585,916▼1.5% | $1,388,806,658▼2.8% | $603,205,960▲14.5% | $805,543,530▼0.9% | 990 |
| 2019 | $1,466,225,076▲3.3% | $1,429,152,141▲2.8% | $526,840,932▲13.6% | $812,957,744▲13.5% | 990 |
| 2018 | $1,419,938,474▲1.3% | $1,390,056,900▲0.4% | $463,691,661▲4.2% | $716,145,017▼5.4% | 990 |
| 2017 | $1,402,262,575▼8.2% | $1,384,776,167▼7.7% | $444,844,125▲0.6% | $756,990,268▲3.2% | 990 |
| 2016 | $1,527,382,841▼3.3% | $1,500,327,571▼7.3% | $442,294,575▲6.6% | $733,259,803▼9.0% | 990 |
| 2015 | $1,580,228,400▲10.5% | $1,618,184,644▲6.4% | $414,802,101▼9.8% | $805,443,960▲13.1% | 990 |
| 2014 | $1,430,642,271▲0.2% | $1,520,613,435▲10.9% | $459,994,686▼16.3% | $712,095,782▼3.6% | 990 |
| 2013 | $1,428,101,490 | $1,370,984,062▼7.4% | $549,308,702▲10.7% | $738,416,788▲8.8% | 990 |
| 2012 | — | $1,480,071,846▲16.5% | $496,272,379▼9.1% | $678,726,747▲0.9% | 990 |
| 2011 | — | $1,270,279,278▲17.2% | $545,869,306▲3.4% | $672,797,157▲5.2% | 990 |
| 2010 | — | $1,084,071,488 | $528,026,178 | $639,408,380 | 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: Michael W Cropp Md — $1,908,011 (0.11% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michael W Cropp Md | President (end 02/24) & Ceo | 32 | $1,908,011 |
| John Reid Rodgers | Evp-chief Operating Officer | 34 | $1,455,354 |
| James Dunlop | Treas, Evp Cfo/pres. (end/beg 02/24) | 33 | $914,891 |
| Patricia C Clabeaux | Evp-chief Hr Officer | 28 | $898,576 |
| Anthony Billittier | Evp-chf Medical Ofcr | 22 | $718,300 |
| John Mineo | Former Officer (end 04/23) | 0 | $597,516 |
| Cheryl Friedman | Svp-health Care Srvcs. (end 9/24) | 21 | $541,665 |
| Eric J Decker | Svp-information Technology Cio | 33 | $535,298 |
| Kenneth Sodaro | Sec -evp-general Counsel | 26 | $508,805 |
| Amin M Serehali | Svp-chief Data & Analytics Officer | 38 | $455,836 |
| Richard M Argentieri | Svp-chief Sales & Marketing Officer | 33 | $442,461 |
| Jared Gross | Evp-cfo/treasurer (beg 02/24) | 27 | $439,427 |
| David Shute | Svp-operations - (end 11/24) | 22 | $406,083 |
| Margaret Steffan | Svp-finance & Cao (end 11/24) | 20 | $402,320 |
| Roberta D Rifkin | Svp-govt Affairs & Strat Prtnrshps | 27 | $392,814 |
| Timothy Haley | Medical Director-medical Policy & Um | 12 | $377,089 |
| Deirdre Wheat | Med Dir-quality & Pop. Health Mgmt | 19 | $366,192 |
| Anthony Montagna | Svp-chief Network Officer | 29 | $361,799 |
| Robert Tracy | Svp-government Programs | 33 | $361,109 |
| Dave Mika | Svp-business Services & Operations | 32 | $353,712 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Independent Practice Association of Wny | Medical & Pharmacy | $1,111,614,121 |
| Liberty Dental New York Ipa LLC | Dental Benefits Company | $29,203,769 |
| Wny Coordinated Medical Care PC | Medical Services | $18,160,000 |
| Vatica Health Inc | Medical Services | $16,120,226 |
| Atos Syntel Inc | Information Technology | $13,335,148 |
Grants received · $30K total
1 grant to Independent Health Association Inc totaling $30K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Kaleida Health | Sponsorship | 2024 | $30,000 |
Grants made · $3.1M in FY2024
30 grants totaling $3.1M in FY2024 — showing the 15 largest. All grants made by Independent Health Association Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Independent Health Foundation | Sponsorship | $2,000,000 |
| Buffalo Riverworks LLC | Sponsorship for healthy living | $227,078 |
| Buffalo Bills LLC | Sponsorship for healthy living | $140,858 |
| Lmhf Strive To Thrive Program Inc | Sponsorship for healthy living | $122,273 |
| Ecmc Foundation Inc | Sponsorship | $72,665 |
| Jericho Road Community Health Center | Sponsorship for healthy living | $61,860 |
| Larkin Square LLC | Sponsorship | $59,390 |
| People Inc | Sponsorship | $44,018 |
| Green Options Buffalo | Sponsorship for healthy living | $40,175 |
| Rich Products Corporation | Sponsorship | $39,302 |
| Shared Mobility Inc | Sponsorship for healthy living | $38,429 |
| Invest Buffalo Niagara Inc | Sponsorship | $34,935 |
| Niagara Frontier Automobile Dealers Association (nfada) | Sponsorship | $30,743 |
| Seneca Diabetes Foundation | Sponsorship | $27,948 |
| Amherst Chamber of Commerce Inc | Sponsorship | $24,588 |
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Frequently asked questions
- Is Independent Health Association Inc a legitimate nonprofit?
- Yes. Independent Health Association Inc is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 16-1080163, based in Buffalo, New York.
- What is Independent Health Association Inc's EIN?
- Independent Health Association Inc's Employer Identification Number (EIN) is 16-1080163.
- How much revenue does Independent Health Association Inc report?
- Independent Health Association Inc reported $1,732,719,902 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Independent Health Association Inc's spending goes to programs?
- Independent Health Association Inc spends about 91% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Independent Health Association Inc have?
- CharityIndex grades Independent Health Association Inc A, based on program efficiency and fundraising cost.
- How much does Independent Health Association Inc's highest-paid employee make?
- The highest reported compensation on Independent Health Association Inc's latest Form 990 is $1,908,011, paid to Michael W Cropp Md (President (end 02/24) & Ceo).
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Data for Independent Health Association Inc (EIN 16-1080163) 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.