Health New England is a health finance organization based in Springfield, MA that was founded in 2013. As of 2019 they had $773 million in revenue and $185 million in assets.
To improve the health and lives of the people in our communities, and we are deeply committed to the individuals we serve every day.
Health New England, Inc. makes high quality, low cost health care services available through health plans within a service area that comprises more poor, medically underserved and rural communities than any other part of Massachusetts. A federal Health Resources & Services Administration (HRSA) report stated that of the 102 Massachusetts towns designated as medically underserved, 78 are in the four counties that Health New England, Inc. serves. Based on that statistic, in all, over 45% of Health New England, Inc.'s enrollees live in medically underserved areas.See Schedule O for further information Health New England, Inc.'s service area includes four of the five counties with the highest percentage of poverty and the lowest per capita income in Massachusetts, based on US Census Bureau data. Many residents in western Massachusetts thus struggle with poverty and low levels of income. Across the four counties of western Massachusetts, 16% of residents live in poverty, ...
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|---|---|---|
| 2018-12 | Feb 4, 2020 | 990 | View PDF |
| 2017-12 | Mar 15, 2019 | 990 | View PDF |
| 2016-12 | Dec 22, 2017 | 990O | View PDF |
| 2015-12 | Apr 11, 2017 | 990O | View PDF |
| 2014-12 | Dec 21, 2015 | 990O | View PDF |
| ...and two more Form 990 PDFs | |||
| Field | 2018 |
|---|---|
| Total grants, contributions, etc. | $0 |
| Program services | $771,147,965 |
| Investment income and dividends | $2,776,718 |
| Tax-exempt bond proceeds | $0 |
| Royalty revenue | $0 |
| Net rental income | $0 |
| Net gain from sale of non-inventory assets | $-63,977 |
| Net income from fundraising events | $0 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $0 |
| Miscellaneous revenues | $0 |
| Total revenues | $773,860,706 |
| Vendor | Services | Amount paid | Date |
|---|---|---|---|
| Kimbia | Fundraising software | 2020-06-20 | |
| ███████ ███ ████ | Fundraising software; Payment processing | 2020-06-20 | |
| ███ █ ██████████ | Content management system software | 2020-06-20 | |
| ████████ ███ ███ | Tax accounting | 2020-02-04 | |
| ██████ ███ ███████ ███ | Insurance | 2019-12-31 | |
| ███ █████████ ████████ ███ | Insurance agent or broker | $10,353 | 2019-12-31 |
| ████████ ████ ███ ████████ | Insurance | 2019-12-31 | |
| █████████ ███████ ██████ | Medical Services | $35,966,996 | 2018-12-01 |
| ...and six more vendors | |||
| Name | Title | Compensation | Most recent data |
|---|---|---|---|
| Maura C McCaffrey | President and Chief Executive Officer | $1.8 million | Dec. 31, 2018 |
| Richard Swift | Interim Chief Financial Officer | - | Sept. 8, 2020 |
| ██████ █ █████ | Vice President of Finance and Chief Financial Officer / Vice President and Chief Financial Officer | $361,921 | Feb. 4, 2020 |
| ██████ █████████ | Vice President and Chief Medical Officer | $585,655 | Dec. 31, 2018 |
| ████ █████ | Vice President, Operations and Government Programs | $571,111 | Sept. 8, 2020 |
| █████████ ██████ █████ | Vice President of Sales and Marketing | $378,170 | Dec. 31, 2018 |
| ███ ███████ | Vice President of Information Technology | - | Sept. 8, 2020 |
| █████ ██ ██████ | Vice President, Commercial Line of Business and Business Development | - | Sept. 8, 2020 |
| ██████ ██ ███████ | Executive Vice President | - | Sept. 8, 2020 |
| ███ ██████ | Director of Government Programs | - | Sept. 8, 2020 |
| ...and 24 more key personnel | |||