Nonprofit · EIN 45-4781328
HAMASPIK CHOICE INC
Tax-exempt · MONSEY, NY 10952
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $406,161,724 | $399,207,788 | $6,953,936 | $104,933,038 | $75,799,549 | $29,133,489 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $395,940,973
- Investment income
- $1,840,569
- Other revenue
- $8,380,182
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $3,799,923
- Other salaries and wages
- $26,932,047
- Salaries, compensation and benefits (total)
- $36,018,335
- Professional fundraising fees
- $0
- Legal fees
- $414,113
- Accounting fees
- $110,702
- Occupancy
- $790,282
- Travel
- $343,786
- Depreciation
- $333,879
- Program services (functional)
- $378,904,342
- Management and general (functional)
- $20,303,446
Balance sheet and other
- Total assets, start of year
- $98,799,870
- Total assets, end of year
- $104,933,038
- Total liabilities, end of year
- $75,799,549
- Net assets, end of year
- $29,133,489
- Land, buildings and equipment
- $2,317,701
- Net assets without donor restrictions
- $29,133,489
- Gross receipts
- $406,161,724
- Employees
- 489
- Volunteers
- 4
- Year formed
- 2012
- 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 | Other / benefits |
|---|---|---|---|---|
| YOEL BERNATH | EXECUTIVE DIRECTOR Officer | 40 | $1,026,691 | $8,592 |
| TZIPORAH SCHWARTZ | CHIEF BUSINESS DEVELOPMENT OFFICER Key employee | 40 | $724,931 | $38,065 |
| DAVID FRIEDMAN | CHIEF OPERATING OFFICER Officer | 40 | $365,927 | $37,997 |
| HAMMAD RIZVI | MEDICAL DIRECTOR Highest-paid employee | 40 | $376,392 | $0 |
| KARL DEHM | VP OF COMPLIANCE & REGULATORY AFFAIRS Key employee | 40 | $327,333 | $24,519 |
| KA HO LEE | ENROLLMENT SUPERVISOR Highest-paid employee | 40 | $258,769 | $12,514 |
| SIMI FLIEGMAN | CHIEF OF STRATEGIC INITIATIVES Highest-paid employee | 34 | $237,247 | $25,662 |
| DAVID LANDAU | MANAGER OF FACILITY ENROLLMENTS Highest-paid employee | 40 | $217,562 | $23,275 |
| MENDEL ORNSTEIN | COMPTROLLER Key employee | 40 | $202,190 | $37,844 |
| CHAYA SCHLESINGER | VP OF HUMAN RESOURCES Key employee | 40 | $205,631 | $13,704 |
| EMILY MANNING | CHIEF TECHNOLOGY OFFICER Key employee | 40 | $196,981 | $12,071 |
| LINDSAY LAROCQUE | VP OF CARE MANAGEMENT Highest-paid employee | 40 | $188,873 | $11,789 |
| CHAYA BACK | CHIEF FINANCIAL OFFICER Officer | 40 | $191,319 | $0 |
| ERIC KABEL | VP OF PROVIDER RELATIONS AND CONTRACTING Key employee | 40 | $171,885 | $12,276 |
| SHOSHANA BERNAL | VP OF PROVIDER RELATIONS & NETWORK DEVELOPMENT Key employee | 40 | $153,846 | $161 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID GORBACZ | CHIEF OPERATING OFFICER Officer | 36 | $47,957 |
| HERSCHEL WEISS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JACOB COHN | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| ABRAHAM HERSHKOVITZ | SECRETARY Trustee or director, Officer | 1 | $0 |
| ISRAEL STEIN | TREASURER Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 58 ROUTE 59 STE 1, MONSEY, NY 10952-3740
- Principal officer (990 for 2024)
- YOEL BERNATH, 775 NORTH MAIN STREET, SPRING VALLEY, NY 10977
- Signed the 990
- YOEL BERNATH, EXECUTIVE DIRECTOR
- Phone
- (855) 552-4642
- Return prepared by
- ROTH & COMPANY LLP
Mission
HAMASPIK CHOICE IS COMMITTED TO EXCELLENCE IN PROVIDING ACCESS TO QUALITY-DRIVEN HEALTH CARE COVERAGE IN A CULTURALLY-SENSITIVE, TIMELY AND RESPONSIVE MANNER.
Program accomplishments
- HAMASPIK CHOICE IS A MANAGED LONG TERM CARE PLAN THAT PROVIDES ELIGIBLE MEMBERS WITH HEALTHCARE-RELATED PRODUCTS AND SERVICES, ON A PARTIALLY CAPITATED BASIS.Expenses $378,904,342 · revenue $404,321,155
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
- 45-4781328
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2013
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E92)
- Assets (IRS master file)
- $104,933,038
- Income (IRS master file)
- $406,161,724
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $212,315,320 | $238,345,787 | $98,799,870 | IRS |
| 990 | December 2022 | $92,626,820 | $92,178,236 | $66,121,497 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about HAMASPIK CHOICE INC
- What is the EIN of HAMASPIK CHOICE INC?
- The employer identification number (EIN) of HAMASPIK CHOICE INC is 45-4781328.
- Is HAMASPIK CHOICE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to HAMASPIK CHOICE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HAMASPIK CHOICE 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 HAMASPIK CHOICE 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 HAMASPIK CHOICE 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 HAMASPIK CHOICE INC?
- The 990 for the year ended December 31, 2024 names YOEL BERNATH.
- Who are the officers and directors of HAMASPIK CHOICE INC?
- The 990 for the year ended December 31, 2024 lists 20 people; 16 received compensation from the organization, the highest $1,026,691 (YOEL BERNATH, EXECUTIVE DIRECTOR).
- How much revenue does HAMASPIK CHOICE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $406,161,724, expenses of $399,207,788 and total assets of $104,933,038 at year end.
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