Nonprofit · EIN 13-3941542
EMBLEMHEALTH INC
Tax-exempt · NEW YORK, NY 10041
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,212,007 | $2,212,007 | $0 | $587,253 | $0 | $587,253 |
| December 31, 2023 | 990 | $1,960,266 | $1,960,266 | $0 | $827,526 | $237,290 | $590,236 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $378,587
- of which government grants
- $378,587
- Program service revenue
- $1,833,420
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $497,132
- Salaries, compensation and benefits (total)
- $1,652,545
- Professional fundraising fees
- $0
- Travel
- $61,783
- Program services (functional)
- $2,212,007
Balance sheet and other
- Total assets, start of year
- $827,526
- Total assets, end of year
- $587,253
- Total liabilities, end of year
- $0
- Net assets, end of year
- $587,253
- Net assets without donor restrictions
- $587,253
- Gross receipts
- $2,212,007
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1995
- 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 |
|---|---|---|---|---|---|
| KAREN IGNAGNI | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 2 | $0 | $5,241,940 | $78,153 |
| MICHAEL PALMATEER | PRESIDENT Officer | 1 | $0 | $3,209,076 | $71,690 |
| HEATHER TAMBORINO | CHIEF FINANCIAL OFFICER Officer | 1 | $0 | $2,548,094 | $55,070 |
| JOHN FEERICK | CHAIRMAN Trustee or director, Officer | 1 | $0 | $172,500 | $0 |
| PAUL GIBSON | VICE CHAIRPERSON OF THE BOARD Trustee or director, Officer | 1 | $0 | $160,125 | $0 |
| RICHARD BERMAN | DIRECTOR Trustee or director | 1 | $0 | $149,875 | $5,298 |
| BERNARD SCHAYES MD | DIRECTOR Trustee or director | 1 | $0 | $132,852 | $21,414 |
| BARBARA SHATTUCK KOHN | DIRECTOR Trustee or director | 1 | $0 | $147,875 | $0 |
| WAYNE CAFRAN | DIRECTOR Trustee or director | 1 | $0 | $145,500 | $0 |
| KARIN MAYHEW | DIRECTOR Trustee or director | 1 | $0 | $143,750 | $0 |
| SAM HAVENS | DIRECTOR Trustee or director | 1 | $0 | $138,125 | $0 |
| ROSA GIL DSW | DIRECTOR Trustee or director | 1 | $0 | $128,545 | $0 |
| KATHY HIRATA CHIN | DIRECTOR Trustee or director | 1 | $0 | $125,875 | $0 |
| JOHN BANKS III | DIRECTOR Trustee or director | 1 | $0 | $120,125 | $179 |
| JO IVEY BOUFFORD | DIRECTOR Trustee or director | 1 | $0 | $101,375 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| TOM CANTY | DIRECTOR (AS OF 12/2024) Trustee or director | 1 | $0 | $1,750 |
| GREGORY FLOYD | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KAREN IGNAGNI | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 2 | $0 | $5,511,820 | $84,092 |
| MICHAEL PALMATEER | PRESIDENT Officer | 1 | $0 | $3,514,982 | $97,390 |
| HEATHER TAMBORINO | CHIEF FINANCIAL OFFICER Officer | 1 | $0 | $2,960,120 | $62,980 |
| JOHN FEERICK | CHAIRMAN Trustee or director, Officer | 1 | $0 | $163,750 | $0 |
| BERNARD SCHAYES MD | DIRECTOR Trustee or director | 1 | $0 | $137,381 | $21,333 |
| PAUL GIBSON | VICE CHAIRPERSON OF THE BOARD Trustee or director, Officer | 1 | $0 | $151,375 | $0 |
| RICHARD BERMAN | DIRECTOR Trustee or director | 1 | $0 | $143,750 | $4,936 |
| KARIN MAYHEW | DIRECTOR Trustee or director | 1 | $0 | $138,500 | $0 |
| BARBARA SHATTUCK KOHN | DIRECTOR Trustee or director | 1 | $0 | $136,500 | $0 |
| SAM HAVENS | DIRECTOR Trustee or director | 1 | $0 | $136,375 | $0 |
| WAYNE CAFRAN | DIRECTOR Trustee or director | 1 | $0 | $135,000 | $0 |
| ROSA GIL DSW | DIRECTOR Trustee or director | 1 | $0 | $124,295 | $0 |
| JOHN BANKS III | DIRECTOR Trustee or director | 1 | $0 | $121,000 | $178 |
| KATHY HIRATA CHIN | DIRECTOR Trustee or director | 1 | $0 | $114,500 | $0 |
| JO IVEY BOUFFORD | DIRECTOR Trustee or director | 1 | $0 | $105,750 | $0 |
| GREGORY FLOYD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 55 WATER ST FL 9, NEW YORK, NY 10041-0023
- In care of
- % HEATHER TAMBORINO
- Principal officer (990 for 2024)
- MICHAEL PALMETEER, 55 WATER STREET, NEW YORK, NY 10041
- Signed the 990
- HEATHER TAMBORINO, CHIEF FINANCIAL OFFICER
- Phone
- (646) 447-5000
- Website
- EMBLEMHEALTH.COM
- Return prepared by
- GRANT THORNTON ADVISORS LLC
Mission
EMBLEMHEALTH, INC. IS A NOT-FOR-PROFIT CORPORATION INCORPORATED IN NEW YORK STATE THAT, TOGETHER WITH ITS SUBSIDIARIES, PROVIDES MANAGED HEALTH CARE SERVICES TO ITS MEMBERS.
Program accomplishments
- EMBLEMHEALTH'S TAX-EXEMPT MISSION IS TO SUPPORT THE HEALTHCARE ACTIVITIES OF ITS SUPPORTED ORGANIZATION, HEALTH INSURANCE PLAN OF GREATER NEW YORK. MOST OF THE COSTS INCURRED BY EMBLEMHEALTH, INC. ARE ANNUAL BOARD OF DIRECTORS FEES (AND ANCILLARY EXPENSES ASSOCIATED WITH BOARD SERVICE). IN ADDITION, EMBLEMHEALTH, INC. DISTRIBUTED A GRANT TO ITS PARENT ORGANIZATION, AS WELL AS OTHER SMALL GRANTS TO SELECT SECTION 501(C)(3) PUBLIC CHARITIES.Expenses $2,212,007 · grants $497,132 · revenue $1,833,420
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
- 13-3941542
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $587,253
- Income (IRS master file)
- $2,212,007
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,212,007 | $2,212,007 | $587,253 | XML |
| 990 | December 2023 | $1,960,266 | $1,960,266 | $827,526 | XML |
| 990 | December 2022 | $4,648,814 | $1,647,979 | $590,236 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | 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 13-3941542).
Questions about EMBLEMHEALTH INC
- What is the EIN of EMBLEMHEALTH INC?
- The employer identification number (EIN) of EMBLEMHEALTH INC is 13-3941542.
- Is EMBLEMHEALTH INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to EMBLEMHEALTH INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does EMBLEMHEALTH 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 EMBLEMHEALTH 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 EMBLEMHEALTH 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 EMBLEMHEALTH INC?
- The 990 for the year ended December 31, 2024 names MICHAEL PALMETEER.
- Who are the officers and directors of EMBLEMHEALTH INC?
- The 990 for the year ended December 31, 2024 lists 17 people; 0 received compensation from the organization.
- How much revenue does EMBLEMHEALTH INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,212,007, expenses of $2,212,007 and total assets of $587,253 at year end.
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