Mvp Health Plan Inc
501(c)(4)
92% goes to programs
Mvp Health Plan Inc is a 501(c)(4) organization based in Schenectady, New York, registered in 1984, with $3,163,426,147 in FY2024 revenue. CharityIndex grades it A, and it directs about 92% of spending to programs.
625 State St, Schenectady, NY, 12305 EIN 14-1640868 Since 1984
Revenue (FY2024)
$3.2B
▲ 4.1% vs prior year
Expenses (FY2024)
$3.2B
Net assets
$448.0M
Employees
1,887
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 rating92% 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 Mvp Health Plan Inc: 92% to programs earns a A+ on this criterion. See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · -0% 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 Mvp Health Plan Inc: 2 mo reserves · -0% 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 Mvp 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 Mvp Health Plan Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
See schedule o
Contact & location
- Address
- 625 State St, Schenectady, NY, 12305
- City
- Schenectady
- State
- New York
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.7B (FY2013) to $3.2B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $427.4MNet assets $448.0M
Operating margin
-0.2%
Spent more than it raised in the latest fiscal year.
Total assets
$875.3M
Total liabilities
$427.4M
Net assets
$448.0M
Salaries & benefits
$717K
0% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,163,426,147▲4.1% | $3,171,157,047▲4.7% | $447,975,869▼2.4% | $875,342,477▼4.4% | 990 |
| 2023 | $3,039,847,348▼4.7% | $3,027,958,556▼3.5% | $458,761,271▲6.1% | $915,432,292▲12.0% | 990 |
| 2022 | $3,190,474,064▲6.3% | $3,138,576,499▲3.8% | $432,409,455▲3.7% | $817,109,956▲3.1% | 990 |
| 2021 | $3,002,120,047▲8.3% | $3,022,736,359▲10.0% | $416,837,609▼10.2% | $792,531,200▼6.1% | 990 |
| 2020 | $2,772,334,199▲3.0% | $2,747,240,807▲2.8% | $464,193,009▲5.8% | $843,925,304▲17.6% | 990 |
| 2019 | $2,690,809,751▲0.3% | $2,672,205,265▲1.1% | $438,849,707▲4.4% | $717,854,791▼0.8% | 990 |
| 2018 | $2,681,702,220▲5.1% | $2,644,078,489▲5.9% | $420,437,030▲3.3% | $723,844,859▲4.3% | 990 |
| 2017 | $2,552,244,178▲1.3% | $2,497,200,835▼0.1% | $407,108,726▼4.1% | $693,936,722▼4.0% | 990 |
| 2016 | $2,520,075,502▲60.1% | $2,500,830,288▲60.1% | $424,398,234▲2.6% | $722,814,462▲22.5% | 990 |
| 2015 | $1,573,614,190▼6.0% | $1,562,506,323▼8.1% | $413,448,953▲8.2% | $589,859,132▲9.2% | 990 |
| 2014 | $1,673,965,524▼1.4% | $1,700,233,907▲1.9% | $382,139,944▼9.9% | $540,292,293▼8.6% | 990 |
| 2013 | $1,697,680,264 | $1,668,046,095▼12.8% | $424,359,306▲9.3% | $591,340,430▲2.4% | 990 |
| 2012 | — | $1,913,392,792▲0.1% | $388,170,652▲11.8% | $577,220,031▲9.7% | 990 |
| 2011 | — | $1,912,210,407▼4.0% | $347,123,568▼6.8% | $526,299,944▼9.3% | 990 |
| 2010 | — | $1,991,804,957 | $372,638,905 | $580,544,264 | 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: Christopher Del Vecchio — $1,727,707 (0.05% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Christopher Del Vecchio | President & Ceo | 28.8 | $1,727,707 |
| Karla Austen | Cfo/treasurer | 29.42 | $623,350 |
| Dominick Bizzarro | Chief Growth Officer (thru 06/24) | 30.09 | $557,712 |
| Margaret Wallingford | Dir, Clinical Innovations (thru 09/24) | 31.3 | $509,902 |
| Michael Della Villa | Chief Digital & Information Officer | 28.87 | $493,287 |
| Deborah Brundage | Chief Marketing & Sales Officer | 31.74 | $491,761 |
| Catherine Buhler Clancy | Chief Operations Officer | 26.8 | $477,677 |
| Carl Cameron | Chief Medical Officer (thru 08/24) | 26.6 | $473,353 |
| Amy Harlow | Chief Talent Officer | 28.66 | $439,906 |
| Laurie Metheny | Chief Customer Experience Officer | 27.79 | $436,683 |
| Emily Titsworth - Chief | Legal Officer & General Counsel | 28.91 | $399,304 |
| Jason Merola | Chief Medical Officer | 26.6 | $358,527 |
| Augusta Martin - Vp Strategic | Provider Engagement & Care Mgmt. | 26.6 | $327,887 |
| James Hopsicker | Vp, Health & Pharmacy Management | 26.6 | $322,783 |
| Everett Patterson | Vp, Commercial & Medical Sales | 25.84 | $317,216 |
| Richard Dal Col - President | Health Mgmt & Strategy (as of 04/24) | 28.8 | $279,646 |
| Alan Goldberg | Chairman | 4 | $89,500 |
| Richard D'ascoli | Vice Chair | 3.5 | $79,500 |
| Curtis Lloyd | Director | 1.5 | $61,500 |
| Lindsay Farrell | Director | 1.5 | $60,500 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Langrand and Company LLC | Media Relations/pr | $2,937,913 |
| Mainline Information System | Technology Solutions | $2,618,968 |
| Deloitte Consulting LLP | Consulting | $2,355,392 |
| Digital Mobile Innovations LLC | Technology Solutions | $1,631,273 |
| Cognizant Trizetto Software | Technology Solutions | $1,630,632 |
Grants made · $429K in FY2024
24 grants totaling $429K in FY2024 — showing the 15 largest. All grants made by Mvp Health Plan Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Albany Med Health System | Donation for massry family children's emergency center | $50,000 |
| Albany College of Pharmacy and Health Sciences | Grant for operations | $25,000 |
| Capital City Gospel Mission | 2024 ccrm free medical clinic grant | $25,000 |
| Foodlink Inc | Donation for curbside market 2024 | $25,000 |
| Nurses Middle Collage Charter High School | Donation for nursing program | $25,000 |
| El Centro Hispano Inc | Grant to support el centro hispano's special adult educational programs | $25,000 |
| Medical Society of the County of Monroe Inc | Community health consortium 2024 | $22,000 |
| Finger Lakes Health Systems Agency | Donation for funding for get it done program | $20,000 |
| City Mission of Schenectady | Ambassador corporate giving grant | $20,000 |
| Food Pantries of the Capital Dist Inc | Grant for food access resources | $20,000 |
| Trinity Alliance of the Capital Region Inc | Grant for family & neighborhood resource center | $20,000 |
| United Way of the Greater Capital Region Inc | Donation for 518 day of giving | $20,000 |
| Capital Roots Inc | Donation for healthy store initiative | $15,000 |
| South End Childrens Cafe Inc | Grant funding for exercise everyday program | $15,000 |
| United Way of Greater Rochester and the Finger Lakes Inc | Grant for summit and grant for asylum seekers program | $13,000 |
Frequently asked questions
- Is Mvp Health Plan Inc a legitimate nonprofit?
- Yes. Mvp Health Plan Inc is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 14-1640868, based in Schenectady, New York.
- What is Mvp Health Plan Inc's EIN?
- Mvp Health Plan Inc's Employer Identification Number (EIN) is 14-1640868.
- How much revenue does Mvp Health Plan Inc report?
- Mvp Health Plan Inc reported $3,163,426,147 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Mvp Health Plan Inc's spending goes to programs?
- Mvp Health Plan Inc spends about 92% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mvp Health Plan Inc have?
- CharityIndex grades Mvp Health Plan Inc A, based on program efficiency and fundraising cost.
- How much does Mvp Health Plan Inc's highest-paid employee make?
- The highest reported compensation on Mvp Health Plan Inc's latest Form 990 is $1,727,707, paid to Christopher Del Vecchio (President & Ceo).
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Data for Mvp Health Plan Inc (EIN 14-1640868) 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.