2025-07-29T21:21:07-04:00 2024-12-31 990 2024-01-01 660407821 Ryder Health Plan Inc % Carmen Colon Melendez RYDE 7878520846 353 AVE FONT MARTELO STE 1 HUMACAO PR 00791 Carmen Colon Executive Director 2025-07-30 2024 2025-03-06 01:10:19Z Carmen Colon Melendez 353 AVE FONT MARTELO STE 1 HUMACAO PR 00791 1286319 false X "N A" X 1984 PR Providing comprehensive health care services on a prepaid and at a low cost to subscribers 17 17 2 0 0 0 0 0 1210871 1121936 12043 12705 3397 151678 1226311 1286319 0 0 0 0 106831 50573 0 0 0 1996380 1642124 2103211 1692697 -876900 -406378 1589723 1802702 1536976 982709 52747 819993 Providing comprehensive health care services on a prepaid and at a low cost to subscribers false false 861284 0 1121936 Ryder Health Plan Inc. Th Plan was created for the purpose of providing comprehensive health care services on a prepaid basis and for the purpose of establishing and operating organized health maintenance and health care delivery system. 0 0 0 "N A" 0 0 0 "N A" 0 0 0 861284 true false false false false false false false false false true false false true true false true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 0 0 false 2 false false false false false false false 0 false false false false false false false false false false 17 17 false false false false true true true true true false false false true true true false false true true false X CARMEN COLON MELENDEZ 7878520846 353 AVE FONT MARTELO SUITE 1 HUMACAO PR 007910092 X Adelia I Acevedo Director 0.00 2.00 X 0 0 0 Carmen S Albino Director 0.00 2.00 X 0 0 0 Esther Aleman Secretary 0.00 4.00 X X 0 0 0 Barbara T Baylor Director 0.00 2.00 X 0 0 0 Benjamin Berrios Director 0.00 2.00 X 0 0 0 Miriam Alicea Calderin Director 0.00 2.00 X 0 0 0 Angel E Cepeda Director 0.00 2.00 X 0 0 0 Pedro J Diaz Treasurer 0.00 4.00 X X 0 0 0 Elizabeth Dilley Director 0.00 2.00 X 0 0 0 Carmen Sara Garcia Vice-President 0.00 4.00 X X 0 0 0 Jesus Jusino Director 0.00 2.00 X 0 0 0 Carlos A Lopez Director 0.00 2.00 X 0 0 0 Carmen A Nebot Director 0.00 2.00 X 0 0 0 Juan M Menedez Rosa President 0.00 4.00 X X 0 0 0 Elda E Rosario Director 0.00 2.00 X 0 0 0 Elba L Santana Rotger Director 0.00 2.00 X 0 0 0 Jesus M Reina Vazquez Director 0.00 2.00 X 0 0 0 Carmen Colon Melendez Executive Director 0.00 4.00 X 0 0 0 0 0 0 0 false false false Smart Health Pluging Inc 1302 Ave Ashford Ashford Imperial San Juan PR 00907 Management Services 332400 0 0 0 0 0 0 0 0 Other activity 900099 1121936 1121936 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1121936 12705 12705 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pharmacy Rebates 2795 2795 0 0 Other Income 11915 11915 0 0 Reinsurance Admin. Income 136968 136968 0 0 0 0 0 0 151678 1286319 1286319 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 40924 0 40924 0 2022 0 2022 0 3739 0 3739 0 3888 0 3888 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1266591 861284 405307 0 24128 0 24128 0 3918 0 3918 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2207 0 2207 0 9774 0 9774 0 Medical Claims Over Capital 183152 0 183152 0 Administrative 115246 0 115246 0 Rent Expense 24000 0 24000 0 Bad Debts Expense 13108 0 13108 0 0 0 0 0 1692697 861284 831413 0 0 0 0 0 384331 512496 357659 358549 0 0 85863 52702 0 0 0 0 29420 161276 0 0 4619 470 155992 145660 12539 10332 0 0 0 0 0 0 0 0 715292 706877 1589723 1802702 815682 280185 0 0 13920 15380 0 0 0 0 0 0 0 0 0 0 707374 687144 1536976 982709 X 52747 819993 0 0 52747 819993 1589723 1802702 X -406378 0 0 0 0 1173624 X false true true false X 1850868 1575836 1317758 1210871 1121936 7077269 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1850868 1575836 1317758 1210871 1121936 7077269 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7077269 0 0 0 9543 12705 22248 0 0 0 0 0 0 0 0 0 9543 12705 22248 0 0 0 0 0 0 21338 9894 96875 3397 14710 146214 1872206 1585730 1414633 1223811 1149351 7245731 0.9768 0.9803 0.0031 X Part III - Line 12 | Year:, Amount:, Description:| 2020, 21338.0000, Part III Line 12: Other Income| 2021, 9894Part III Line 12: Other Income| 2022, 96875Part III Line 12: Other Income| 2023, 3397Part III Line 12: Other Income and Pharmacy Rebates| 2024, 14710Part III Line 12: Other Income and Pharmacy Rebates| 41792 39687 2105 114200 105973 8227 10332 Mandatory Certificate of Deposit 600000 Operating Lease Right of use assets 87144 Interest Receivable from banks 19733 706877 Mandatory reserve 600000 Operating Lease Liability Net of C 66123 Current Portion of Operating Lease L 21021 687144 1286319 0 1286319 0 1286319 1692697 0 1692697 0 1692697 Part I to XII | PartandLinenumber:,Explanation:| Part X Line 1,Part XIII - Supplemental Financial Information -As required by the Commissioner the Plan maintains a statutory deposit under the custody of the Secretary of Treasury of the Commowealth of Puerto Rico amounting $600,000 as of December 31,2024 and 2023 and consisted of certificates of deposits bearing interests ranging from 0.05% to 0.60% for both years with an original maturity from one 1 to three 3 years. The deposit is required to gurantee the fulfillment of obligation toward subscribers providers and other creditors. As of December 31 2024 and 2023 accumulated interest earned on restricted deposit included in the accompanying statement of financial position which are also invested in the above-mentioned certificate of deposits amounted to $12,705 and $9,543 respectively| Part VI, Line 6 Classes of Members or Stockholders -The organization has Members. Part VI, Line 7a Form 990 Part VI Line 7a - Election of Members and Their Rights Membership in the Board of Directors shall be limited to individuals who are either members of the Board of Directors of Ryder Health Plan Inc. or non-members who have the approval of said sponsoring organization. The Board of Directors shall consist of seventeen 17 directors. Two alternate directors are also appointed to represent two directors that lived in the United States when they can not travel to Puerto Rico. Until the first annual meeting of the members and or until successors are duly elected and qualified the Board of Directors shall consist of nineteen 19 persons at most who qualify as previously mentioned and who shall be elected as such by the Incorporators who execute and filed the Charter. At the first annual meeting of the members and at each annual meeting thereafter members shall elect Directors to hold office until their term expires or until their successors are elected and qualified. Part VI, Line 7b Form 990 Part VI Line 7b - Decisions Subject to Approval of Members 1 Increase the number of members of the BOD. 2 Amendment By-Laws of the Corporation. 3 Approval of any plan for dissolution merger or disposition of the assets of the Corporation. 4 Selection of the independent auditors of the Corporation. 5 The BOD shall elect the Executive Director. Part VI, Line 11b No review was or will be conForm 990 Part VI Line 11b - Organizations Process to Review Form 990 The review process of the Form 990 is under the responsibility of the Board of Directors Finance Committee. Such Committee at the same time delegates this task to the Administrative Director who performs the review of the 990 Form and is authorized to provide the release for the final issuance of the Form. Part VI, Line 12c Form 990 Part VI Line 12c - Enforcement of Conflicts Policy The proper governance of Ryder Health Plan Inc. governing board members who give their time for the benefit of the community served by this Corporation; and because the varied interest and background of the governing board members may result in situations involving a dual interest that might appear as conflict of interest; and services should not be rendered impossible solely by reason of duality of interest or possible conflict of interest; and service carries a requirement of loyalty and fidelity to the Corporation known as Ryder Health Plan Inc. It is the responsibility of the board members to govern the institutions and the community interest with honesty exercising their best care skill and judgement for the benefit of the institution and its members and the matter of any duality of interest or possible conflict of interest can best be handled through full disclosure of any such interest together with abstention in any vote where in the interest is involved.The following policy of duality and conflict of interest is hereby adopted: 1. Any duality of interest or possible conflict of interest of the part of any governing member should be disclosed to the other board members and made a matter of record either through an annual procedure or when the interest becomes a matter of board action. 2. Any board member having a duality or possible conflict of interest on any matter should not vote or use his or her personal influence on the matter and he or she should not be counted in determining the quorum for the meeting even when permitted by law. The minutes of the meeting shall reflect that a disclosure was made the abstentation from voting and the quorum situation. 3. The above mentioned requirements should not be construed as preventing the board members from stating their position in the matter nor from answering pertinent questions in such matter. That this policy be revised annually for the information and guidance of the board members and that any new member be advised of the policy upon entering on the duties of his or her office. Part VI, Line 15 Form 990 Part VI Line 15a - Compensation Process for Top Official The process to determine the Compensation to Top Officers is based on: 1 Job Descriptions 2 Minimum qualifications for the position 3 Experience 4 Education The organization complies with mandatory decrees by the government. Form 990 Part VI Line 15b - Compensation Process for Officers The process to determine the Compensation to Officers is based on: 1 Job Descriptions 2 Minimum qualifications for the position 3 Experience. 4 Education The organization also performs benchmarking of the industry and the market in the general to set and offer competitive salaries. The organization reviews annually the salaries granted to employees and raises are approved depending in the financial position of the organization. Raises must be approved by the BOD. The organization also complies with madatory decrees by the government. Part IX, Line 11g Form 990 Part IX Line 11g- Other Fees for Services Description Tot Prog Services $861,284 and Mgt & General $405,307. Part XI, Line 9 | Description:, Explanation:, Amount:| Equity Transfer from affiliated entity, Form 990 Part XI Line 9- Other Change in Net Assets Explanation, $1173624| Ryder Memorial Hospital Inc Po Box 859 Humacao PR 007910000 660258919 Healthcare PR 501(C)(3) Charity Status 3 N/A false Egida Ryder Inc PO Box 859 Humacao PR 007920000 660461792 Housing PR 501(C)(3) Charity Status 3 N/A false Ryder Assisted Care Inc Po Box 859 Humacao PR 007920000 660537553 Housing PR 501(C)(3) Charity Status 3 N/A false Ryder Assited Care II Inc Po Box 859 Humacao PR 007920000 660548321 Housing PR 501(C)(3) Charity Status 3 N/A false Ryder Assited Care III Inc Po Box 859 Humacao PR 007920000 660550405 Housing PR 501(C)(3) Charity Status 3 N/A false Ryder Village Inc Po Box 859 Humacao PR 007920000 660537554 Housing PR 501(C)(3) Charity Status 3 N/A false Ryder Village II Inc Po Box 859 Humacao PR 007920000 660550404 Housing PR 501(C)(3) Charity Status 3 N/A false Fundacion Dr John A Virginia Po Box 859 Humacao PR 007920000 660524612 Fundraising PR 501(C)(3) Charity Status 3 N/A false Ryder Home for the Elderly Inc Po Box 859 Humacao PR 007920000 660706107 Healthcare PR 501(C)(3) Charity Status 3 N/A false false false false false false false false false false false true false true false false true false false false Ryder Memorial Hospital Inc K 24000 Ryder Memorial Hospital Inc M 1044434 Ryder Memorial Hospital Inc P 30000