Partners Health Plan Inc

The information for Partners Health Plan Inc is as of the organization's most recent filing in December '21. This organization is located in Bronx, NY. It has been in existence for 7 years, following its founding in 2014.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

Partners Health Plan Inc's NTEE code is E80. The "E" indicates that the organization is classified under Health Care. The "80" specifies that it falls under the category of Health (General & Financing). According to the NTEE classification, Partners Health Plan Inc is an organization primarily concerned with aspects of health financing or providing services related to healthcare in general. As a 501(c)(4) organization, it is classified as a Civic League, Social Welfare Organization, or Local Association of Employees. The mission of Partners Health Plan Inc is to be a mission-driven, person-centered organization dedicated to assisting individuals in pursuing the lives they choose.

Program Areas

The organization, Partners Health Plan, operates a FIDA-IDD plan in the five boroughs of New York City and Nassau, Suffolk, Westchester, and Rockland counties. They were granted a certificate of authority by the New York State Department of Health in 2016. In 2021, Partners Health Plan provided a wide range of support services, including Medicaid, Medicare, personal care, and services for individuals with developmental disabilities. They served approximately 1,718 dual Medicaid and Medicare eligible adults, aged 21 and older, with intellectual and other developmental disabilities.

Organization Staffing

Partners Health Plan Inc is run by Kerry Ann Delaney-Masawi, who is the Chief Executive Officer. The organization has 134 employees, of whom 18 are paid more than $100k per year. Supporting the paid staff are 14 volunteers.

Board Governance

Partners Health Plan Inc is a non-profit organization that is well-governed based on the provided information. The organization has 12 voting members, all of whom are independent, indicating a diverse and unbiased decision-making process. The absence of potential conflicts of interest further enhances the integrity of the organization's governance. The fact that Partners Health Plan Inc has not delegated management to an outside firm demonstrates a commitment to maintaining control and oversight internally. This ensures that the organization's mission and values are upheld and that decisions are made with the best interests of the non-profit in mind. The documentation of both board and committee meetings is another positive aspect of the organization's governance. This practice promotes transparency and accountability, allowing members to review and track the decision-making process. Additionally, the presence of a conflict of interest policy and a whistleblower policy further indicates a commitment to ethical practices and the prevention of wrongdoing within the organization. Partners Health Plan Inc's adherence to a document retention policy and the substantiation and review of leadership and officer's salaries are further indicators of a well-governed organization. These practices demonstrate a focus on financial responsibility and accountability. Lastly, the organization's provision of copies of the 990 to the board prior to filing showcases a commitment to transparency and keeping board members informed about the organization's financial activities. Overall, based on the provided information, Partners Health Plan Inc is a non-profit organization that demonstrates a strong commitment to effective governance practices.

Organization Growth

Partners Health Plan Inc, a nonprofit organization, has experienced significant growth over the given time period. Program Service Revenue increased from $87.9M in 2017 to $286.9M in 2021, indicating a substantial growth in their primary source of income. Total Revenue also saw a notable increase, from $88.4M in 2017 to $287.4M in 2021. This growth in revenue suggests that the organization has expanded its operations and services. Additionally, the number of employees and volunteers has increased, with the total employees rising from 91 in 2017 to 134 in 2021, and the total volunteers increasing from 13 in 2017 to 14 in 2021. These increases in staff and volunteers further indicate the growth of the organization. However, the organization's Investment Income decreased slightly from $522.4K in 2017 to $536K in 2021, which may be a result of changing market conditions. Overall, considering the significant growth in revenue, increased number of employees and volunteers, and despite the slight decrease in Investment Income, it can be concluded that Partners Health Plan Inc has grown over the given time period.