Metroplus Health Plan Inc
97% goes to programs $0 to raise $100 Growing revenue
Metroplus Health Plan Inc is a 501(c)(3) organization based in New York, New York, registered in 2001, with $4,865,128,566 in FY2024 revenue. CharityIndex grades it A, and it directs about 97% of spending to programs.
50 Water Street, New York, NY, 10004 EIN 13-4115686 Since 2001
Revenue (FY2024)
$4.9B
▼ 6.8% vs prior year
Health median: $840K
Expenses (FY2024)
$4.8B
Net assets
$981.9M
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 rating97% to programs · $0 to raise $100
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 Metroplus Health Plan Inc: 97% to programs · $0 to raise $100 earns a A+ 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 Metroplus Health Plan Inc: 2 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 Metroplus 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 Metroplus Health Plan Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Metroplus provides its members with access to high quality, cost effective healthcare, partnering with nyc hhc and other providers.
Contact & location
- Address
- 50 Water Street, New York, NY, 10004
- City
- New York
- State
- New York
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $2.1B (FY2013) to $4.9B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.6BNet assets $981.9M
Operating margin
1.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.6B
Total liabilities
$1.6B
Net assets
$981.9M
Salaries & benefits
$225.2M
5% of expenses
Board members
6
3 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,865,128,566▼6.8% | $4,794,971,147▼3.9% | $981,858,568▲7.7% | $2,579,865,475▲3.7% | 990 |
| 2023 | $5,218,349,628▲21.5% | $4,990,963,968▲18.2% | $911,701,149▲33.2% | $2,488,683,861▲42.3% | 990 |
| 2022 | $4,296,189,597▲10.5% | $4,221,356,972▲9.3% | $684,315,489▲12.3% | $1,748,364,475▲6.7% | 990 |
| 2021 | $3,889,686,746▲18.2% | $3,863,435,251▲18.9% | $609,482,864▲4.5% | $1,638,572,790▲7.8% | 990 |
| 2020 | $3,290,458,334▲2.1% | $3,248,249,285▲0.9% | $583,231,367▲7.8% | $1,519,713,309▲3.6% | 990 |
| 2019 | $3,224,065,000▲1.8% | $3,219,217,140▲2.1% | $541,021,259▲0.9% | $1,467,232,259▼3.5% | 990 |
| 2018 | $3,168,505,000▲6.2% | $3,153,361,884▲5.7% | $536,173,399▲2.9% | $1,521,181,035▲4.3% | 990 |
| 2017 | $2,984,862,356▲7.1% | $2,983,756,445▲7.8% | $521,030,283▼0.9% | $1,458,584,073▲3.2% | 990 |
| 2016 | $2,785,766,626▲7.4% | $2,769,080,622▲9.2% | $525,747,632▲3.3% | $1,413,898,678▲15.0% | 990 |
| 2015 | $2,594,041,401▲14.4% | $2,536,483,327▲13.6% | $509,061,628▲12.7% | $1,229,992,981▲14.3% | 990 |
| 2014 | $2,266,570,924▲6.1% | $2,232,159,075▲9.5% | $451,503,554▼7.1% | $1,076,529,988▲11.8% | 990 |
| 2013 | $2,136,380,072 | $2,037,857,409▲4.2% | $486,217,655▲22.3% | $963,226,089▲8.3% | 990 |
| 2012 | — | $1,956,635,547▲22.5% | $397,514,814▲36.9% | $889,192,994▲31.7% | 990 |
| 2011 | — | $1,596,754,493▲40.7% | $290,351,265▲31.8% | $675,103,508▲31.6% | 990 |
| 2010 | — | $1,134,701,366 | $220,303,438 | $513,121,988 | 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: Talya Schwartz — $671,904 (0.01% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Talya Schwartz | Chief Executive Officer | 35 | $671,904 |
| Sanjiv Shah | Chief Medical Officer | 35 | $544,076 |
| Lauren Castaldo | Chief Financial Officer | 35 | $496,208 |
| Lila Benayoun | Chief Operating Officer | 35 | $448,716 |
| Raven Ryan-solon | Chief Compliance/reg Officer | 35 | $443,518 |
| Roger Milliner | Chief Growth Officer | 35 | $433,785 |
| Ganesh Ramratan | Chief Information Officer | 35 | $421,028 |
| Steven Cushman | Chief Counsel | 35 | $408,847 |
| Julie Myers | Deputy Chief Medical Officer | 35 | $390,360 |
| Karen Lenard | Vice President of Behavioral Health | 35 | $343,439 |
| Simran Kaur | Chief Human Resource Officer | 35 | $338,152 |
| Jennifer Singarayer | Medical Director | 35 | $337,428 |
| Laura Santella-saccone | Chief Marketing and Brand Officer | 35 | $327,184 |
| Erin Drinkwater | Chief of Government Relations and Strategic Partnerships | 35 | $306,866 |
| Noel Brown | Medical Director | 35 | $282,095 |
| Laurie Vitagliano | Harp Medical Director | 35 | $273,902 |
| David Ackman | Vp of Medical Directors | 35 | $206,532 |
| Glendon Henry | Senior Medical Director | 35 | $168,337 |
| Eric Wei | Board Member | 1 | — |
| Frederick Covino | Board Member | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Dst Health Solutions | Claims Processing Services | $19,120,453 |
| Prager Creative LLC | Marketing and Branding | $6,272,873 |
| Clarity Software Solutions Inc | Printing and Mailing | $6,182,484 |
| Dentaquest | Management Services Dental | $4,734,413 |
| Change Healthcare LLC | Risk Assessment | $2,967,477 |
Grants made · $378K in FY2015
1 grant totaling $378K in FY2015. All grants made by Metroplus Health Plan Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| New York City Health and Hospitals Corporation | Member outreach program for healthcare services. | $378,035 |
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Frequently asked questions
- Is Metroplus Health Plan Inc a legitimate nonprofit?
- Yes. Metroplus Health Plan Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-4115686, based in New York, New York. Donations are tax-deductible.
- What is Metroplus Health Plan Inc's EIN?
- Metroplus Health Plan Inc's Employer Identification Number (EIN) is 13-4115686.
- How much revenue does Metroplus Health Plan Inc report?
- Metroplus Health Plan Inc reported $4,865,128,566 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Metroplus Health Plan Inc's spending goes to programs?
- Metroplus Health Plan Inc spends about 97% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Metroplus Health Plan Inc have?
- CharityIndex grades Metroplus Health Plan Inc A, based on program efficiency and fundraising cost.
- How much does Metroplus Health Plan Inc's highest-paid employee make?
- The highest reported compensation on Metroplus Health Plan Inc's latest Form 990 is $671,904, paid to Talya Schwartz (Chief Executive Officer).
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Explore more
Data for Metroplus Health Plan Inc (EIN 13-4115686) 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.