Cause IQ organization profile


Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Elderplan is a health finance organization based in Brooklyn, NY that was founded in 1982. As of 2019 they had $1.0 billion in revenue and $275 million in assets.

Elderplan's comprehensive benefits package enables our network providers to give their patients better care ... because the care they prescribe is covered. And with Elderplan Care Managers, we help ensure that your prescribed care is followed.

Fiscal year end:
Revenue trends:
Asset trends:

Program areas at Elderplan

A local not-for-profit health plan, elderplan (including homefirst one of the oldest, and today one of the largest and most highly-rated, managed long term care plans in ny state) is committed to serving the needs of at-risk, largely dual-elegible, members of the community of all religious and cultural backgrounds as well as sexual orientation. A member of mjhs health system, elderplan carries on a tradition of compassion, diginity and respect, first established by the four brooklyn ladies in 1907. Elderplan offers special needs plans to help beneficiaries receive the care coordination and health related services necessary for them to remain safely at home. As a not-for-profit, elderplan reinvests earnings to bring our members improved benefits. We believe that health care is more than caring for people. Its caring about them as well. As of 12/31/2018, elderplan (inclusive of homefirst) served 25,798 members across nyc, westchester, long island and monroe county.

Form 990s for Elderplan

Fiscal year endingDate received by IRSFormPDF link
2018-12Feb 10, 2020990View PDF
2017-12Mar 15, 2019990View PDF
2016-12Mar 14, 2018990View PDF
2015-12Apr 10, 2017990View PDF
2014-12Feb 11, 2016990View PDF
...and five more Form 990 PDFs

Financials for Elderplan

Total grants, contributions, etc.$0
Program services$1,081,579,882
Investment income and dividends$3,273,506
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$373,668
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,000,000
Total revenues$1,088,227,056

Vendors for Elderplan

VendorServicesAmount paidDate
BDO USA LLPTax accounting2020-02-10
█████████ ████████Software2019-08-28
████ ████ ███████ ███████████ ███Advertising$881,7932018-12-01
██████████ ████████ ███Software Services$1,573,2012018-12-01
████████ ██████ █████████ ███Software Services$977,9062018-12-01
███████████ █████████ ███Administration Fee$1,647,9772018-12-01
██████Fundraising software2018-07-31
...and three more vendors

Personnel at Elderplan

NameTitleCompensationMost recent data
Alexander BalkoPresident and Chief Executive Officer / Chief Executive Officer , President$0Feb. 10, 2020
David WagnerChief Operating Officer and Chief Financial Officer Health Plans$1.0 millionDec. 31, 2018
████████ █████Senior Vice President Management Services and Medical Affair$350,268Dec. 31, 2018
█████ ███████Vice President of Health Plan Care Management$329,517Dec. 31, 2018
███████ ████ ███████Senior Vice President of Health Plan Opr$345,218Dec. 31, 2018
███████ ████ ███████Senior Vice President of Health Planning Operations-March 22, 2018
██████ ███████Vice President of Medical Management and Case Management-June 1, 2018
██████ ████Senior Vice President , Health Plan Sales and Busin$462,677Dec. 31, 2018
█████████ ███████Vice President of Sales$370,567Dec. 31, 2018
██████ ████████Director of Financial Health Economics-April 22, 2018
...and 26 more key personnel

Peer health care financing and insurance organizations

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5Optima Health501(c)(3)$1.4 billionNorfolk, VA
6Group Health Cooperative of South Central Wisconsin (GHC-SCW)501(c)(3)$417 millionMadison, WI
7Capital District Physicians Health Plan (CDPHP)501(c)(4)$1.4 billionAlbany, NY
8Independent Health Association501(c)(4)$1.4 billionBuffalo, NY
9Harvard Pilgrim Health Care501(c)(3)$1.9 billionWellesley, MA
10Maine Community Health Options501(c)(29)$286 millionLewiston, ME
11Geisinger Health Plan501(c)(4)$2.6 billionDanville, PA
12Health Alliance Plan of Michigan501(c)(4)$1.4 billionDetroit, MI
13Providence Health Plan501(c)(4)$1.4 billionRenton, WA
14Capital Health Plan (CHP)501(c)(4)$876 millionTallahassee, FL
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20FOJP Service Corporation501(c)(3)$305 millionNew York, NY
21WEA Insurance Corporation501(c)(9)$623 millionMadison, WI
22Delta Dental of Pennsylvania501(c)(4)$770 millionMechanicsburg, PA
23Delta Dental of Wisconsin501(c)(4)$754 millionStevens Point, WI
24HealthPartners501(c)(4)$1.9 billionMinneapolis, MN
25Delta Dental of Missouri501(c)(4)$623 millionSt Louis, MO