Sentara Health Plans
98% goes to programs Thin reserves Growing revenue
Sentara Health Plans is a 501(c)(3) organization based in Virginia Bch, Virginia, registered in 1986, with $6,496,481,283 in FY2024 revenue. CharityIndex grades it B, and it directs about 98% of spending to programs.
1300 Sentara Park, Virginia Bch, VA, 23464 EIN 54-1283337 Since 1986
Revenue (FY2024)
$6.5B
▲ 23.8% vs prior year
Health median: $840K
Expenses (FY2024)
$7.8B
Net assets
$247.8M
Employees
2
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating98% 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 Sentara Health Plans: 98% to programs earns a A+ on this criterion. See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · -20% 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 Sentara Health Plans: 0 mo reserves · -20% margin earns a C 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 Sentara Health Plans: 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 Sentara Health Plans: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
As part of sentara health's integrated health care system, we improve health every day.
Contact & location
- Address
- 1300 Sentara Park, Virginia Bch, VA, 23464
- City
- Virginia Bch
- State
- Virginia
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.3B (FY2013) to $6.5B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.5BNet assets $247.8M
Operating margin
-19.9%
Spent more than it raised in the latest fiscal year.
Total assets
$1.7B
Total liabilities
$1.5B
Net assets
$247.8M
Salaries & benefits
$2.5M
0% of expenses
Board members
9
5 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,496,481,283▲23.8% | $7,787,757,363▲50.7% | $247,762,646▼70.1% | $1,715,647,413▲5.5% | 990 |
| 2023 | $5,248,218,502▲56.4% | $5,167,629,017▲56.7% | $828,936,023▲121% | $1,625,590,879▲83.2% | 990 |
| 2022 | $3,355,118,077▲9.5% | $3,298,306,217▲11.1% | $375,799,411▼5.0% | $887,162,964▲7.0% | 990 |
| 2021 | $3,065,343,773▲6.5% | $2,968,045,173▲6.9% | $395,772,902▼1.3% | $829,480,959▲0.7% | 990 |
| 2020 | $2,879,270,413▲17.1% | $2,776,883,967▲11.4% | $401,132,931▲32.7% | $823,607,403▲15.8% | 990 |
| 2019 | $2,459,205,804▲3.0% | $2,493,498,070▲10.9% | $302,370,771▼5.7% | $711,082,210▼10.3% | 990 |
| 2018 | $2,388,451,732▲59.3% | $2,248,662,995▲51.6% | $320,751,460▲29.9% | $792,652,298▲65.4% | 990 |
| 2017 | $1,499,223,241▲6.8% | $1,483,356,522▲6.4% | $247,014,106▲8.2% | $479,305,967▲28.4% | 990 |
| 2016 | $1,404,310,014▲5.2% | $1,394,757,407▲5.8% | $228,213,345▲4.4% | $373,340,896▲4.7% | 990 |
| 2015 | $1,334,508,380▼3.2% | $1,318,779,347▼0.6% | $218,508,270▲6.5% | $356,620,564▲8.5% | 990 |
| 2014 | $1,378,038,616▲5.5% | $1,326,084,214▲5.5% | $205,156,640▲1.9% | $328,568,220▼5.2% | 990 |
| 2013 | $1,306,097,805 | $1,256,969,919▲3.6% | $201,400,660▲11.5% | $346,675,668▲12.7% | 990 |
| 2012 | — | $1,213,448,977▲14.8% | $180,627,806▼13.1% | $307,717,369▼7.9% | 990 |
| 2011 | — | $1,057,158,032▲2.9% | $207,857,689▲9.4% | $334,000,546▲4.8% | 990 |
| 2010 | — | $1,026,893,965 | $189,955,223 | $318,662,890 | 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: Colin Drozdowski — $1,526,314 (0.02% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Colin Drozdowski | Director/president | 31 | $1,526,314 |
| Sharilyn Campbell | Sr. Vp/cfo/treasurer | 31 | $787,487 |
| Cathie J Vick | Director | 1 | — |
| Dennis A Matheis | Director | 1 | — |
| Earl J Barnes II | Secretary | 1 | — |
| Frederick C Coble | Director | 1 | — |
| G Wilkins Hubbard II Md | Director | 1 | — |
| James M Repp | Director | 1 | — |
| Jeffery O Smith Ed D | Director | 1 | — |
| J Les Hall | Director | 1 | — |
| John Degruttola | Former Officer | 0 | — |
| Khaled Ghaley | Former Officer | 0 | — |
| Kristyn Greifer | Former Officer | 0 | — |
| Patricia Darnley | Former Officer | 0 | — |
| Robert A Broermann | Former Officer | 0 | — |
| Robert C Fort | Director/chair | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Consumer Direct Care Network Va | Fiscal/employer Agent Provider | $233,529,474 |
| Express Scripts | Pharmacy Benefit Management | $7,459,585 |
| Sentara Hospitals | Healthcare Provider | $3,501,689 |
| Sentara Health | Healthcare Provider | $2,070,186 |
| Sentara Behavioral Health Services | Healthcare Provider | $1,993,330 |
Grants made · $2.0M in FY2015
1 grant totaling $2.0M in FY2015. All grants made by Sentara Health Plans →
| Recipient | Purpose | Amount |
|---|---|---|
| Evms | Support medical education | $2,000,000 |
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Frequently asked questions
- Is Sentara Health Plans a legitimate nonprofit?
- Yes. Sentara Health Plans is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-1283337, based in Virginia Bch, Virginia. Donations are tax-deductible.
- What is Sentara Health Plans's EIN?
- Sentara Health Plans's Employer Identification Number (EIN) is 54-1283337.
- How much revenue does Sentara Health Plans report?
- Sentara Health Plans reported $6,496,481,283 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Sentara Health Plans's spending goes to programs?
- Sentara Health Plans spends about 98% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Sentara Health Plans have?
- CharityIndex grades Sentara Health Plans B, based on program efficiency and fundraising cost.
- How much does Sentara Health Plans's highest-paid employee make?
- The highest reported compensation on Sentara Health Plans's latest Form 990 is $1,526,314, paid to Colin Drozdowski (Director/president).
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Data for Sentara Health Plans (EIN 54-1283337) 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.