2025-04-10T20:12:43-05:00 2024-06-30 873707167 CBIZ ADVISORS LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2023-07-01 900524293 FAIR HEALTH INC FAIR 2123700704 800 THIRD AVENUE SUITE 900 NEW YORK NY 10022 WAYNE SCHULTZ CHIEF FINANCIAL OFFICER 2123700704 2025-04-08 1 1 MAGDALENA CZERNIAWSKI P00535099 2125038800 2025-04-08 2023 2025-03-06 01:10:19Z RAY CAMPBELL 800 THIRD AVENUE SUITE 900 NEW YORK NY 10022 43581388 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. 9 9 124 9 0 0 1771680 88211 35016326 36003625 531630 1024575 35866 2363 37355502 37118774 0 0 0 0 25162143 26717666 0 0 141421 8840449 9958284 34002592 36675950 3352910 442824 50292259 52664977 24161798 24508572 26130461 28156405 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 31156796 36005988 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. 31156796 1 1 0 0 0 0 0 0 0 0 1 0 0 0 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 24 0 1 124 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 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 W 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 (OUTGOING) 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 ZACHARY CARTER DIRECTOR 2.00 X 0 0 0 KATE WOODROW GENERAL COUNSEL 40.00 X 335490 0 54089 ROBIN GELBURD PRESIDENT 40.00 X 1013124 0 153607 ROGER ADLER CHIEF FINANCIAL OFFICER (OUTGOING) 40.00 X 428576 0 81187 THOMAS SWIFT COO 40.00 X 605193 0 92081 WAYNE SCHULTZ CHIEF FINANCIAL OFFICER 40.00 X 93538 0 2207 BENJAMIN CASADO CHIEF TECHNOLOGY OFFICER 40.00 X 749059 0 59011 CHRISTINE O'DONNELL E.D. OF GOVERNMENT ENGAGEMENT 40.00 X 423100 0 49478 DEAN SICOLI CHIEF COMMUNICATIONS OFFICER 40.00 X 501453 0 86638 DONNA SMITH CHIEF CLIENT OFFICER 40.00 X 493684 0 69831 JEFFREY NEWBAUER CHIEF ANALYTICS ENGAGEMENT 40.00 X 364645 0 70324 JOHN WRIGHT CHIEF DATA SCIENTIST 40.00 X 332184 0 67627 5340046 0 786080 86 0 1 0 JOEL BRILL 3639 E DENTON LANE PARADISE VALLEY AZ 85253 CLINICAL CONSULTING 125000 1 88211 88211 DATABASE LICENSING 541900 36003625 36003625 36003625 720464 720464 6766725 6462614 304111 304111 304111 OTHER REVENUE 900099 2363 2363 2363 37118774 36005988 0 1024575 X 3228323 2310371 895643 22309 18798404 16953074 1766661 78669 613421 579289 32494 1638 2661557 2409684 241166 10707 1415961 1267065 143097 5799 93162 93162 202408 202408 95317 95317 4031107 3725975 305132 895336 671502 223834 138859 45953 92379 527 631547 543865 87682 699294 699294 467654 358814 87072 21768 252478 28800 223674 4 45539 45539 594132 576108 18024 514243 453291 60952 PROV. FOR CREDIT LOSSES 625792 625792 DATA CENTER 533711 533711 DUES AND SUBSCRIPTIONS 83331 83331 MISCELLANEOUS 54374 54374 36675950 31156796 5377733 141421 80006 42784 14452308 9264905 1261548 1349759 5440658 7365623 1589805 2005144 8501540 7062629 1195159 1438911 23733080 29887570 2539695 1310281 50292259 52664977 6220635 5763465 16749459 17860144 1191704 884963 24161798 24508572 X 24394894 27186759 1735567 969646 26130461 28156405 50292259 52664977 X 442824 1377500 205620 X X 0 1 X 1 0 X 40000 403294 1771680 88211 2303185 27406067 28043177 31223126 35016326 36003625 157692321 27446067 28446471 31223126 36788006 36091836 159995506 2500 2500 0 2500 2500 159993006 496267 382944 351074 431595 720464 2382344 496267 382944 351074 431595 720464 2382344 9024 2215 35659 35866 2363 85127 27951358 28831630 31609859 37255467 36814663 162462977 0.98480 0.98370 0.01470 0.01420 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2019 AMOUNT: $ 4,768. 2020 AMOUNT: $ 2,215. 2021 AMOUNT: $ 35,659. 2022 AMOUNT: $ 35,866. 2023 AMOUNT: $ 2,363. EXPENSE REIMBURSEMENTS - 2019 AMOUNT: $ 4,256. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 33885 22401 11484 8467655 7040228 1427427 1438911 OPERATING LEASE LIABILITIES 884963 884963 X 38400957 1377500 1377500 37023457 95317 95317 37118774 36580633 0 36580633 95317 95317 36675950 PART X, LINE 2: FAIR HEALTH BELIEVES THAT IT HAD NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2024 AND 2023 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 0 1 0 0 0 0 0 1 0 ROBIN GELBURD PRESIDENT 755183 0 110250 0 147691 0 110576 0 43031 0 1166731 0 118333 0 BENJAMIN CASADO CHIEF TECHNOLOGY OFFICER 520000 0 120000 0 109059 0 55600 0 3411 0 808070 0 91287 0 THOMAS SWIFT COO 436134 0 60000 0 109059 0 47800 0 44281 0 697274 0 91287 0 DEAN SICOLI CHIEF COMMUNICATIONS OFFICER 378707 0 60000 0 62746 0 30400 0 56238 0 588091 0 46311 0 DONNA SMITH CHIEF CLIENT OFFICER 370584 0 60000 0 63100 0 30000 0 39831 0 563515 0 44758 0 ROGER ADLER CHIEF FINANCIAL OFFICER (OUTGOING) 315597 0 0 0 112979 0 42192 0 38995 0 509763 0 91879 0 CHRISTINE O'DONNELL E.D. OF GOVERNMENT ENGAGEMENT 316892 0 40000 0 66208 0 27800 0 21678 0 472578 0 45874 0 JEFFREY NEWBAUER CHIEF ANALYTICS ENGAGEMENT 312507 0 50000 0 2138 0 12886 0 57438 0 434969 0 0 0 JOHN WRIGHT CHIEF DATA SCIENTIST 293707 0 36000 0 2477 0 12099 0 55528 0 399811 0 0 0 KATE WOODROW GENERAL COUNSEL 300034 0 35000 0 456 0 11267 0 42822 0 389579 0 0 0 PART I, LINE 4B THE FOLLOWING EMPLOYEES ON PART II RECEIVED DISTRIBUTIONS FROM A 457(F) PLAN DURING THE CALENDAR YEAR 2023. THESE AMOUNTS ARE INCLUDED ON PART II, COLUMN (BIII) AND COLUMN F: ROBIN GELBURD - $118,322 BENJAMIN CASADO - $91,287 ROGER ADLER - $91,879 DONNA SMITH - $44,758 CHRISTINE O'DONNELL - $45,874 DEAN SICOLI - $46,311 THOMAS SWIFT - $91,287 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) RETIREMENT 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 2023. 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 3,725,975. MANAGEMENT AND GENERAL EXPENSES 305,132. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,031,107. FORM 990, PART XI, LINE 9: CECL ADOPTION 205,620. 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.