2024-04-26T14:18:47-05:00 2023-06-30 873707167 CBIZ MARKS PANETH LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2022-07-01 900524293 FAIR HEALTH INC FAIR 2123700704 800 THIRD AVENUE SUITE 900 NEW YORK NY 10022 WAYNE SCHULTZ CHIEF FINANCIAL OFFICER 2123700704 2024-04-19 1 WAYNE SCHULTZ 999009999 0 MAGDALENA CZERNIAWSKI P00535099 2125038800 2024-04-19 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X ROBIN GELBURD 800 THIRD AVENUE SUITE 900 NEW YORK NY 10022 44507291 0 X WWW.FAIRHEALTH.ORG X 2009 NY TO PROVIDE TRANSPARENCY TO HEALTHCARE COSTS AND HEALTH INSURANCE INFORMATION FOR CONSUMERS AND THE ENTIRE HEALTHCARE SECTOR THROUGH AN EDUCATIONAL CONSUMER WEBSITE AND INDEPENDENT, OBJECTIVE DATA FOR RESEARCHERS, GOVERNMENT AGENCIES, HEALTHCARE PROVIDERS, INSURANCE COMPANIES AND BENEFIT MANAGERS. 10 10 114 10 0 0 0 1771680 31223126 35016326 1142893 531630 35659 35866 32401678 37355502 0 0 0 0 22140104 25162143 0 0 162871 8299063 8840449 30439167 34002592 1962511 3352910 43905293 50292259 21783620 24161798 22121673 26130461 FAIR HEALTH IS A NATIONAL INDEPENDENT, NOT-FOR-PROFIT CORPORATION WHOSE MISSION IS TO BRING TRANSPARENCY TO HEALTHCARE COSTS AND HEALTH INSURANCE INFORMATION THROUGH COMPREHENSIVE DATA PRODUCTS AND CONSUMER RESOURCES. 0 0 29379120 35052192 FAIR HEALTH USES ITS DATABASE OF BILLIONS OF BILLED MEDICAL AND DENTAL SERVICES TO POWER A FREE WEBSITE THAT ENABLES CONSUMERS TO ESTIMATE AND PLAN THEIR MEDICAL AND DENTAL EXPENDITURES. THE WEBSITE ALSO OFFERS CLEAR, UNBIASED EDUCATIONAL ARTICLES AND VIDEOS ABOUT THE HEALTHCARE INSURANCE REIMBURSEMENT SYSTEM. IN ADDITION TO ITS CONSUMER OFFERINGS, FAIR HEALTH LICENSES DATA PRODUCTS TO BUSINESSES, GOVERNMENTAL AGENCIES, AND HEALTHCARE PROVIDERS. FAIR HEALTH ALSO PROVIDES RESEARCH ANALYTICS AND DATA TO ACADEMIC RESEARCHERS, POLICYMAKERS AND MEDIA. WITH ITS PROFESSIONAL STAFF OF EXPERTS IN HEALTHCARE, STATISTICS, TECHNOLOGY AND COMMUNICATIONS, FAIR HEALTH STRIVES TO OFFER ACCURATE, CONSISTENT AND TIMELY INFORMATION TO ALL STAKEHOLDERS IN THE HEALTHCARE SYSTEM. 29379120 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 30 0 1 114 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X WAYNE SCHULTZ CFO 2123700704 800 THIRD AVENUE SUITE 900 NEW YORK NY 10022 CHRISTINA SEVERIN DIRECTOR 2.00 X 0 0 0 CHRISTOPHER F KOLLER DIRECTOR 2.00 X 0 0 0 GRACE WONG DIRECTOR 2.00 X 0 0 0 JAMES LYTLE TREASURER 2.00 X X 0 0 0 JAMES ROOSEVELT JR DIRECTOR 2.00 X 0 0 0 LAWRENCE CASALINO DIRECTOR 2.00 X 0 0 0 MARCELLA ALSAN DIRECTOR 2.00 X 0 0 0 PHYLLIS BORZI SECRETARY 2.00 2.00 X X 0 0 0 ROBERT PARKE CHAIR 3.00 X X 0 0 0 SARA ROSENBAUM CHAIR EMERITUS (OUTGOING) 3.00 X X 0 0 0 ZACHARY CARTER DIRECTOR 2.00 X 0 0 0 BRETT DAKIN GENERAL COUNSEL (OUTGOING) 40.00 X 61709 0 4881 KATE WOODROW GENERAL COUNSEL 40.00 X 276858 0 48349 ROBIN GELBURD PRESIDENT 40.00 X 974690 0 158670 ROGER ADLER CHIEF FINANCIAL OFFICER 40.00 X 432425 0 83878 THOMAS SWIFT CHIEF LEGAL OFFICER/COO 40.00 X 494137 0 99968 BENJAMIN CASADO CHIEF TECHNOLOGY OFFICER 40.00 X 616806 0 51428 ALISON RUSSO CHIEF INFORMATION OFFICER (OUTGOING) 40.00 X 427012 0 83319 CHRISTINE O'DONNELL E.D. OF GOVERNMENT ENGAGEMENT 40.00 X 360006 0 47085 DEAN SICOLI CHIEF COMMUNICATIONS OFFIC 40.00 X 430477 0 81186 DONNA SMITH CHIEF CLIENT OFFICER 40.00 X 422996 0 65728 JEFFREY NEWBAUER CHIEF ANALYTICS ENGAGEMENT OFFICER 40.00 X 326180 0 63011 4823296 0 787503 77 0 1 0 AVENUE SOLUTION 401 9TH STREET NW SUITE 720 WASHINGTON DC 20004 CONSULTING SERVICES 150000 JOEL BRILL 3639 E DENTON LANE PARADISE VALLEY AZ 85253 CLINICAL CONSULTING 116633 2 1771680 1771680 DATABASE LICENSING 541900 35016326 35016326 35016326 431595 431595 7251824 7151789 100035 100035 100035 OTHER REVENUE 900099 35866 35866 35866 37355502 35052192 0 531630 X 3509986 2445924 1041772 22290 17168028 15725419 1367263 75346 690185 688781 1404 2578374 2357212 209056 12106 1215570 1074172 135623 5775 239903 239903 127044 127044 81682 81682 3434287 2989510 444777 379125 284345 94780 155161 54341 100203 617 509460 417992 91468 780081 780081 933980 708559 180337 45084 111845 39573 72023 249 64800 64800 704606 666065 38541 547959 505852 42107 DATA CENTER 641294 641294 DUES AND SUBSCRIPTIONS 91698 91698 MISCELLANEOUS 20965 20965 BAD DEBT 16559 16559 34002592 29379120 4460601 162871 200 80006 10918949 14452308 96292 1261548 6194164 5440658 1209218 1589805 8066563 6871404 1568050 1195159 22684168 23733080 1234252 2539695 43905293 50292259 5132886 6220635 16385428 16749459 265306 1191704 21783620 24161798 X 22057287 24394894 64386 1735567 22121673 26130461 43905293 50292259 3352910 655878 0 X X 0 1 X 1 0 X 75000 40000 403294 1771680 2289974 25317005 27406067 28043177 31223126 35016326 147005701 25392005 27446067 28446471 31223126 36788006 149295675 2500 2500 0 2500 2500 149293175 492821 496267 382944 351074 431595 2154701 492821 496267 382944 351074 431595 2154701 230039 9024 2215 35659 35866 312803 26114865 27951358 28831630 31609859 37255467 151763179 0.98370 0.98140 0.01420 0.01530 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2018 AMOUNT: $ 20,101. 2019 AMOUNT: $ 4,768. 2020 AMOUNT: $ 2,215. 2021 AMOUNT: $ 35,659. 2022 AMOUNT: $ 35,866. EXPENSE REIMBURSEMENTS - 2018 AMOUNT: $ 209,938. 2019 AMOUNT: $ 4,256. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 332292 316845 15447 7734271 6554559 1179712 1195159 SECURITY DEPOSIT 8372 RESTRICTED CASH 1022444 OTHER ASSETS 314729 OPERATING LEASE RIGHT-OF-USE ASSETS 1194150 2539695 OPERATING LEASE LIABILITIES 1191704 1191704 X 37929698 655878 655878 37273820 81682 81682 37355502 33920910 0 33920910 81682 81682 34002592 PART X, LINE 2: FAIR HEALTH BELIEVES THAT IT HAD NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023 AND 2022 IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740 ("INCOME TAXES"), WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. X X X X X 0 1 0 0 0 0 0 1 0 ROBIN GELBURD PRESIDENT 728838 0 105000 0 140852 0 108175 0 50495 0 1133360 0 116788 0 BENJAMIN CASADO CHIEF TECHNOLOGY OFFICER 500000 0 100000 0 16806 0 49758 0 1670 0 668234 0 0 0 THOMAS SWIFT CHIEF LEGAL OFFICER/COO 416365 0 60000 0 17772 0 47000 0 52968 0 594105 0 0 0 ROGER ADLER CHIEF FINANCIAL OFFICER 363069 0 50000 0 19356 0 44800 0 39078 0 516303 0 0 0 DEAN SICOLI CHIEF COMMUNICATIONS OFFIC 364042 0 50000 0 16435 0 29800 0 51386 0 511663 0 0 0 ALISON RUSSO CHIEF INFORMATION OFFICER (OUTGOING) 361292 0 50000 0 15720 0 29183 0 54136 0 510331 0 0 0 DONNA SMITH CHIEF CLIENT OFFICER 355818 0 50000 0 17178 0 29400 0 36328 0 488724 0 0 0 CHRISTINE O'DONNELL E.D. OF GOVERNMENT ENGAGEMENT 307234 0 35000 0 17772 0 27400 0 19685 0 407091 0 0 0 JEFFREY NEWBAUER CHIEF ANALYTICS ENGAGEMENT OFFICER 284042 0 40000 0 2138 0 11686 0 51325 0 389191 0 0 0 KATE WOODROW GENERAL COUNSEL 251402 0 25000 0 456 0 9271 0 39078 0 325207 0 0 0 PART I, LINE 4B ROBIN GELBURD, PRESIDENT, RECEIVED A DISTRIBUTION OF $116,788 FROM THE 457(F) PLAN AND THIS IS REPORTED IN COLUMN B(III) AND F. THE FOLLOWING INDIVIDUALS RECEIVED THE FOLLOWING CONTRIBUTIONS TO THE 457(F) PLAN: ROBIN GELBURD $80,000, BENJAMIN CASADO $30,000, THOMAS SWIFT $30,000, ROGER ADLER $30,000, DONNA SMITH $15,000, CHRISTINE O'DONNELL $15,000, AND DEAN SICOLI $15,000. THESE CONTRIBUTIONS ARE INCLUDED IN COLUMN C. PART I, LINE 7 BONUSES ARE DETERMINED AS FOLLOWS: PRESIDENT - APPROVED BY THE BOARD SENIOR MANAGEMENT - APPROVED BY THE AUDIT COMMITTEE ALL OTHERS - APPROVED BY SENIOR MANAGEMENT. PART II, COLUMN B(III): THE AMOUNTS IN THIS COLUMN INCLUDE CONTRIBUTIONS TO A 457(B) RETIREMENT PLAN, DISTRIBUTIONS FROM 457 (F) PLAN AND GROUP TERM LIFE INSURANCE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT, AND IS REVIEWED IN DETAIL BY THE ORGANIZATION'S AUDIT, FINANCE & COMPLIANCE COMMITTEE AND THEN DISTRIBUTED TO THE BOARD FOR ITS REVIEW PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS ALL DIRECTORS, OFFICERS, AND KEY EMPLOYEES. A POTENTIAL CONFLICT OF INTEREST WILL ARISE WHENEVER THE ORGANIZATION ENTERS INTO A TRANSACTION (INCLUDING A COMPENSATION ARRANGEMENT) WITH ANY INDIVIDUAL OR ENTITY THAT HAS SUBSTANTIAL INFLUENCE OVER THE AFFAIRS, RESPONSIBILITIES OR DUTIES OF THE ORGANIZATION OR HAS THE AUTHORITY TO MAKE DECISIONS ON ITS BEHALF. WHENEVER ANY DIRECTOR, OFFICER, COMMITTEE MEMBER, OR EMPLOYEE OF THE ORGANIZATION BECOMES AWARE THAT THE ORGANIZATION IS CONSIDERING A TRANSACTION THAT POTENTIALLY CREATES A CONFLICT OF INTEREST, HE OR SHE IS OBLIGATED TO NOTIFY THE AUDIT, FINANCE, & COMPLIANCE COMMITTEE OF THE ORGANIZATION ("THE AUDIT COMMITTEE") AND TO DISCLOSE ALL MATERIAL FACTS RELATING TO HIS OR HER CONFLICT IN THE TRANSACTION. THE AUDIT COMMITTEE WILL DETERMINE WHETHER AN ACTUAL CONFLICT OF INTEREST EXISTS AND TAKE ACTION THAT THE AUDIT COMMITTEE DEEMS APPROPRIATE, INCLUDING BRINGING THE MATTER TO THE FULL BOARD FOR CONSIDERATION. IF THE AUDIT COMMITTEE DETERMINES THAT A TRANSACTION WOULD CREATE A CONFLICT OF INTEREST, THE TRANSACTION MUST BE APPROVED IN ADVANCE BY ONLY THOSE MEMBERS OF THE AUDIT COMMITTEE (OR BOARD) WHO DO NOT HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE TRANSACTION. ANY INTERESTED PERSON THEREFORE MUST RECUSE HIM OR HERSELF FROM CONSIDERATION OF THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE CEO AND OTHER EXECUTIVES IS REVIEWED BY A COMPENSATION CONSULTANT, QUATT ASSOCIATES, BASED ON THEIR OWN DATA AND COMPARABLE DATA FROM OTHER SOURCES. THE ORGANIZATION'S AUDIT, FINANCE & COMPLIANCE COMMITTEE MAKES RECOMMENDATIONS TO THE BOARD ABOUT SALARY INCREASES. THE RESULTS ARE DOCUMENTED IN AN EXECUTIVE COMPENSATION REPORT AND THIS PROCESS WAS LAST UNDERTAKEN IN NOVEMBER 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES - TECHNICAL: PROGRAM SERVICE EXPENSES 2,989,510. MANAGEMENT AND GENERAL EXPENSES 287,242. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,276,752. ACCOUNTING & HR: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 157,535. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 157,535. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.