Mvp Health Plan Inc

Organization Overview

Mvp Health Plan Inc is located in Schenectady, NY. The organization was established in 1984. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. As of 12/2021, Mvp Health Plan Inc employed 2,013 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mvp Health Plan Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 12/2021, Mvp Health Plan Inc generated $3.0b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $3.0b during the year ending 12/2021. While expenses have increased by 9.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Mvp Health Plan Inc has awarded 288 individual grants totaling $6,529,655. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O


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Board, Officers & Key Employees

Name (title)Compensation
Christopher Del Vecchio
President & CEO
$2,115,986
Dominick Bizzarro
Chief Growth Officer
$749,356
Karla Austen
Treasurer
$713,258
Monice Barbero
Secretary
$636,709
Carl Cameron
Chief Medical Officer
$610,909
Catherine Buhler Clancy
Chief Operations Officer
$574,926

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Media Logic Usa Llc
Media Relations/pr
$7,443,986
Digital Mobile Innovations
Technology Solutions
$5,808,862
Change Healthcare Solutions
Technology Solutions
$2,423,961
Hitachi Solutions America Ltd
Technology Solutions
$2,098,389
Tivity Health
Utilization Fees
$1,806,700
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$2,987,229,016
Investment income $5,844,629
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $8,929,179
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,002,120,047

Grants Awarded

Over the last fiscal year, Mvp Health Plan Inc has awarded $857,500 in support to 39 organizations.

Grant RecipientAmount

CAPITAL DISTRICT WOMEN'S BAR ASSOCIATION

Org PageRecipient Profile

Albany, NY

PURPOSE: ELDER LAW ASSISTANCE PROGRAM

$130,000

ALBANY MEDICAL FOUNDATION

Org PageRecipient Profile

Albany, NY

PURPOSE: DONT HESITATE - VACCINATE CAMPAIGN

$100,000

NORTHEAST STEM ACADEMY

Org PageRecipient Profile

Tuckahoe, NY

PURPOSE: SUPPORT OF NSSA STAKEHOLDER RELATIONSHIP - INFORMAL LEARNING CENTER

$75,000

CAPITAL ROOTS INC

Org PageRecipient Profile

Troy, NY

PURPOSE: HEALTHY STORES SPONSORSHIP

$35,000

CITY MISSION OF SCHENECTADY

Org PageRecipient Profile

Schenectady, NY

PURPOSE: 2021 AMBASSADOR PROGRAM - PALACE THEATER

$32,500

UNITED WAY OF THE GREATER CAPITAL REGION

Org PageRecipient Profile

Albany, NY

PURPOSE: 518 DAY PRESENTING SPONSORSHIP

$25,000
View Grant Profile

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