Nonprofit · EIN 11-3029569
HEALTHFIRST HEALTH PLAN INC
Tax-exempt · NEW YORK, NY 10007
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $6,954,314,248 | $6,867,968,957 | $86,345,291 | $2,170,418,382 | $1,213,296,996 | $957,121,386 |
| December 31, 2023 | 990 | $5,911,645,548 | $5,817,161,744 | $94,483,804 | $2,002,289,882 | $1,145,263,855 | $857,026,027 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $6,873,896,071
- Investment income
- $80,418,177
- Net gain from sales of assets
- -$3,556,345
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $6,563,917,252
- Management and general (functional)
- $304,051,705
Balance sheet and other
- Total assets, start of year
- $2,002,289,882
- Total assets, end of year
- $2,170,418,382
- Total liabilities, end of year
- $1,213,296,996
- Net assets, end of year
- $957,121,386
- Publicly traded securities
- $1,136,311,916
- Net assets without donor restrictions
- $957,121,386
- Gross receipts
- $7,185,403,759
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1990
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PATRICIA J WANG | PRESIDENT AND CEO Officer | 1 | $0 | $4,693,860 | $543,220 |
| JOHN J BERMEL | CHIEF FINANCIAL OFFICER Officer | 1 | $0 | $2,102,763 | $38,331 |
| GERALD T SWEENEY | SVP CHIEF INFORMATION OFFICER Highest-paid employee | 1 | $0 | $1,548,324 | $192,167 |
| SEAN KANE | CHIEF HR OFFICER Highest-paid employee | 1 | $0 | $1,387,832 | $169,197 |
| JAY A SCHECHTMAN | CHIEF MEDICAL OFFICER Trustee or director | 1 | $0 | $1,341,805 | $160,663 |
| KAREN WEINSEISS | SVP Comm & Marketing Trustee or director, Officer | 1 | $0 | $1,235,464 | $160,573 |
| BARBARA MONTRESOR | SVP Comm and Marketing Highest-paid employee | 1 | $0 | $1,111,979 | $128,349 |
| ERROL PIERRE | SVP State Programs Highest-paid employee | 1 | $0 | $1,108,361 | $119,874 |
| JENNIFER COHEN | SVP MEDICARE Highest-paid employee | 1 | $0 | $1,073,864 | $151,526 |
| KATHRYN HOWELL | CLO and General Counsel Trustee or director, Officer | 1 | $0 | $960,748 | $105,385 |
| DEREK LAM | VP Delivery System Innovation Trustee or director | 1 | $0 | $425,852 | $37,422 |
| LINDA TIANO | CLO/SECRETARY ENDED 6/2023 Former | 0 | $0 | $453,850 | $0 |
| ROBERT P BLANCHARD | Treasurer Officer | 1 | $0 | $405,175 | $47,543 |
| STEPHEN ROSENTHAL | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| David Evangelista | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PATRICIA J WANG | PRESIDENT AND CEO Officer | 1 | $0 | $4,295,811 | $525,317 |
| JOHN J BERMEL | CHIEF FINANCIAL OFFICER Officer | 1 | $0 | $1,982,658 | $37,654 |
| GERALD T SWEENEY | SVP CHIEF INFORMATION OFFICER Highest-paid employee | 1 | $0 | $1,507,300 | $186,137 |
| LINDA TIANO | CLO/SECRETARY ENDING 6/2023 Trustee or director, Officer | 1 | $0 | $1,409,613 | $52,444 |
| SEAN KANE | CHIEF HR OFFICER Highest-paid employee | 1 | $0 | $1,261,928 | $164,050 |
| JAY A SCHECHTMAN | CHIEF MEDICAL OFFICER Trustee or director | 1 | $0 | $1,267,146 | $155,676 |
| STEVEN H BLACK | COO END 3/2022 Former | 0 | $0 | $1,235,794 | $0 |
| BARBARA MONTRESOR | SVP Comm and Marketing Highest-paid employee | 1 | $0 | $1,063,627 | $124,773 |
| KAREN WEINSEISS | SVP Comm & Marketing Trustee or director, Officer | 1 | $0 | $1,015,298 | $155,758 |
| ERROL PIERRE | SVP State Programs Highest-paid employee | 1 | $0 | $940,045 | $117,095 |
| SHERYL MARKOWITZ | SVP Clinical Operations Highest-paid employee | 1 | $0 | $952,012 | $5,029 |
| ROBERT P BLANCHARD | Treasurer Officer | 1 | $0 | $358,793 | $47,075 |
| KATHRYN HOWELL | CLO/SECRETARY BEGINNING 7/2023 Trustee or director, Officer | 1 | $0 | $303,188 | $71,250 |
| DEREK LAM | VP DSI Beginning 7/2023 Trustee or director | 1 | $0 | $221,291 | $23,286 |
| STEPHEN ROSENTHAL | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| David Evangelista | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 100 CHURCH ST FL 18, NEW YORK, NY 10007-2606
- In care of
- % CRAIG BARATTIN-VP CONTROLLER
- Principal officer (990 for 2024)
- PATRICIA J WANG, 100 CHURCH ST FL 18, NEW YORK, NY 100072601
- Signed the 990
- JUDY KANG, CFO
- Phone
- (212) 801-6000
- Website
- WWW.HEALTHFIRST.ORG
- Return prepared by
- ERNST & YOUNG LLP
Mission
IMPROVE THE HEALTH AND WELL-BEING OF UNDERSERVED POPULATIONS BY PROVIDING AFFORDABLE QUALITY HEALTH PLANS TO ELIGIBLE MEDICARE, COMPLETE CARE, FIDA & COMMERCIAL INSURANCE RECIPIENTS.
Program accomplishments
- MEDICARE: HEALTHFIRST HEALTH PLAN, INC. (HFHP), IS INCORPORATED UNDER THE NOT-FOR-PROFIT LAW OF THE STATE OF NEW YORK AND IS LICENSED UNDER ARTICLE 44 OF THE PUBLIC HEALTH LAW OF THE STATE OF NEW YORK AS A HEALTH MAINTENANCE ORGANIZATION THAT PROVIDES ACCESS TO AFFORDABLE, QUALITY CARE THROUGH ITS NETWORK OF PARTICIPATING PROVIDERS AND HOSPITALS. HFHP PROVIDES HEALTH CARE SERVICES TO MEDICARE ADVANTAGE MEMBERS WHO ARE INDIGENT, AGED, DISABLED AND/OR MEDICALLY UNDERSERVED. IN 2024, HFHP SERVED 313,643 MEDICARE MEMBERS.Expenses $3,882,959,774 · revenue $4,043,330,365
- COMPLETECARE: HEALTHFIRST HEALTH PLAN, INC. (HFHP), IS INCORPORATED UNDER THE NOT-FOR-PROFIT LAW OF THE STATE OF NEW YORK AND IS LICENSED UNDER ARTICLE 44 OF THE PUBLIC HEALTH LAW OF THE STATE OF NEW YORK AS A HEALTH MAINTENANCE ORGANIZATION THAT PROVIDES ACCESS TO AFFORDABLE, QUALITY CARE THROUGH ITS NETWORK OF PARTICIPATING PROVIDERS AND HOSPITALS. HFHP PROVIDES HEALTH CARE SERVICES TO COMPLETE CARE MEMBERS. COMPLETECARE IS A MEDICAID ADVANTAGE PLUS SPECIAL NEEDS PLAN THAT COMBINES MEDICARE AND MEDICAID BENEFITS, WITH ADDED LONG-TERM CARE SERVICES FOR QUALIFIED DUAL-ELIGIBLE MEMBERS. IN 2024, HFHP SERVED 37,035 COMPLETE CARE MEMBERS.Expenses $2,680,862,452 · revenue $2,830,424,361
- Fully Integrated Duals Advantage Programs (FIDA): HEALTHFIRST HEALTH PLAN, INC. (HFHP), IS INCORPORATED UNDER THE NOT-FOR-PROFIT LAW OF THE STATE OF NEW YORK AND IS LICENSED UNDER ARTICLE 44 OF THE PUBLIC HEALTH LAW OF THE STATE OF NEW YORK AS A HEALTH MAINTENANCE ORGANIZATION THAT PROVIDES ACCESS TO AFFORDABLE, QUALITY CARE THROUGH ITS NETWORK OF PARTICIPATING PROVIDERS AND HOSPITALS. HFHP PROVIDES HEALTH CARE SERVICES TO FIDA MEMBERS, WHOSE BENEFIT CAN BE INTEGRATED AND CARE ACROSS THE MEDICARE AND MEDICAID PROGRAMS. IN 2024, HFHP SERVED 0 FIDA MEMBERS.Expenses $95,026 · revenue $141,345
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 11-3029569
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,170,418,382
- Income (IRS master file)
- $7,185,403,759
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $6,954,314,248 | $6,867,968,957 | $2,170,418,382 | XML |
| 990 | December 2023 | $5,911,645,548 | $5,817,161,744 | $2,002,289,882 | XML |
| 990 | December 2022 | $4,891,129,866 | $4,868,861,042 | $1,573,245,747 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-3029569).
Questions about HEALTHFIRST HEALTH PLAN INC
- What is the EIN of HEALTHFIRST HEALTH PLAN INC?
- The employer identification number (EIN) of HEALTHFIRST HEALTH PLAN INC is 11-3029569.
- Is HEALTHFIRST HEALTH PLAN INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1992.
- Are donations to HEALTHFIRST HEALTH PLAN INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does HEALTHFIRST HEALTH PLAN INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HEALTHFIRST HEALTH PLAN INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HEALTHFIRST HEALTH PLAN INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of HEALTHFIRST HEALTH PLAN INC?
- The 990 for the year ended December 31, 2024 names PATRICIA J WANG.
- Who are the officers and directors of HEALTHFIRST HEALTH PLAN INC?
- The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
- How much revenue does HEALTHFIRST HEALTH PLAN INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $6,954,314,248, expenses of $6,867,968,957 and total assets of $2,170,418,382 at year end.
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