Cause IQ organization profile

Independent Health Association

Form 990s | Financials | Vendors | Personnel | Peers

Independent Health Association is a health finance organization based in Buffalo, NY that was founded in 1980. As of 2019 they had $1.4 billion in revenue and $716 million in assets.

We provide health-related products and services that enable affordable access to quality health care. Provide health-related products and services that enable affordable access to quality health care.

Independent Health Association makes grants to other organizations, such as $1,597,721 to Independent Health Foundation for "Operating Grant/sponsorship"; $156,983 to Shared Mobility for "Sponsorship for Healthy Living"; $78,262 to Go Bike for "Sponsorship for Healthy Living"; $72,677 to Hillside Work Scholarship Connection for "Sponsorship for Healthy Living"; and $41,063 to Population Health Collaborative for "Sponsorship".

EIN:

16-1080163

City:

Buffalo

State:

New York

Website:

independenthealth.com

Founded:

1980

Type:

501(c)(4)

NTEE:

E83: Health care financing and insurance organizations

Revenue:

$1,419,938,474

Assets:

$716,145,017

Employees:

1,268

Fiscal year end:

December

Revenue trends:

Asset trends:

Form 990s for Independent Health Association

Fiscal year ending	Date received by IRS	Form	PDF link
2018-12	Feb 7, 2020	990	View PDF
2017-12	Oct 16, 2018	990	View PDF
2016-12	Mar 14, 2018	990	View PDF
2016-12	Jan 18, 2018	990	View PDF
2015-12	Mar 22, 2017	990O	View PDF
...and six more Form 990 PDFs

Financials for Independent Health Association

Field	2018	2017
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$0	$0
Related organizations	$0	$0
Government grants (contributions)	$0	$0
Normal grants, contributions, etc.	$0	$0
<em>Non-cash contributions included in above</em>	$0	$0
Total grants, contributions, etc.	$0	$0

Field	2018	2017	% Change
Total grants, contributions, etc.	$0	$0
Program services	$1,410,137,899	$1,393,047,184	1.2%
Investment income and dividends	$11,805,456	$10,639,535	11.0%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$13,366	$10,668	25.3%
Net gain from sale of non-inventory assets	$-2,018,247	$-1,434,814	-40.7%
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$0	$2	-100%
Total revenues	$1,419,938,474	$1,402,262,575	1.3%

Field	2018	2017	% Change
Grants to govts. and orgs. in USA	$3,276,632	$2,345,360	39.7%
Grants to individuals in USA	$0	$0
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$1,229,105,375	$1,229,000,501	0.0%
Compensation of current officers, etc.	$17,410,446	$12,850,804	35.5%
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$37,826,079	$37,564,219	0.7%
Pension/retirement accruals and contributions	$188,569	$7,095,788	-97.3%
Other employee benefits	$17,164,233	$15,223,514	12.7%
Payroll taxes	$7,160,180	$6,680,228	7.2%
Management fees	$0	$0
Legal fees	$327,278	$332,008	-1.4%
Accounting fees	$336,800	$313,060	7.6%
Lobbying fees	$150,409	$151,675	-0.8%
Pro. fundraising fees	$0	$0
Investment mgmt fees	$1,051,098	$1,016,341	3.4%
Other fee-for-service	$20,882,883	$19,535,114	6.9%
Advertising and promotion	$4,708,002	$2,993,224	57.3%
Office expenses	$6,720,509	$6,170,632	8.9%
Information tech. expenses	$14,936,076	$13,510,400	10.6%
Royalty expenses	$0	$0
Occupancy	$1,685,432	$1,879,594	-10.3%
Travel	$408,075	$349,063	16.9%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$171,491	$271,815	-36.9%
Interest	$46,556	$103,795	-55.1%
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$5,633,500	$6,109,987	-7.8%
Insurance	$755,614	$600,204	25.9%
All other expenses	$20,111,663	$20,678,841	-2.7%
Total expenses	$1,390,056,900	$1,384,776,167	0.4%

Field	2018	2017	% Change
Cash (non-interest-bearing)	$0	$0
Savings, short-term investments, etc.	$13,650,025	$14,310,020	-4.6%
Pledges and grants receivable	$0	$0
Accounts receivable	$135,797,773	$174,291,087	-22.1%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$24,986,078	$25,649,704	-2.6%
Buildings, equipment, etc. post-depreciation	$35,188,880	$34,952,234	0.7%
Investments, publicly traded securities	$318,301,617	$319,795,826	-0.5%
Investments, other securities	$0	$0
Investments, program-related	$0	$0
Intangible assets	$1,905,417	$1,990,417	-4.3%
Other assets	$186,315,227	$186,000,980	0.2%
Total assets	$716,145,017	$756,990,268	-5.4%

Field	2018	2017	% Change
Accounts payable and accrued expenses	$59,188,527	$101,861,913	-41.9%
Grants payable	$0
Deferred revenue	$7,630,023	$14,469,453	-47.3%
Tax-exempt bond liabilities	$0	$0
Escrow or custodial account liability	$1,732,329	$1,174,013	47.6%
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0
Unsecured notes and loans payable to unrelated third parties	$26,000,000	$0	999%
Other liabilities	$157,902,477	$194,640,764	-18.9%
Total liabilities	$252,453,356	$312,146,143	-19.1%

Field	2018	2017	% Change
Unrestricted net assets	$308,831,075	$291,386,112	6.0%
Temporarily restricted net assets	$154,860,586	$153,458,013	0.9%
Permanently restricted net assets	$0	$0

Vendors for Independent Health Association

Vendor	Services	Amount paid	Date
Kimbia	Fundraising software		2020-06-25
███████ ███ ████	Fundraising software; Payment processing		2020-06-25
████████ ███ ███	Tax accounting		2020-02-07
████████ ███████ ███ ██████████ ███	Audit accounting		2019-08-08
██████ ██████ ████	Vision Benefits Company	$5,171,958	2018-12-01
██████████ ███	Dental Benefits Company	$16,828,873	2018-12-01
██████████ ████████ ███████████ ██ ███	Medical and Pharmacy Benefit Services	$886,827,860	2018-12-01
███ ████ ███	Information Technology Services	$5,862,136	2018-12-01
...and nine more vendors

Personnel at Independent Health Association

Name	Title	Compensation	Most recent data
Michael W Cropp	President and Chief Executive Officer	$2.2 million	Feb. 7, 2020
John Reid Rodgers	Executive Vice President - Chief Operating Officer	$1.3 million	Dec. 31, 2018
███ █ ██████████	Treasurer and Chief Financial Officer - Start 10 and 19 and 18	$982,009	Dec. 31, 2018
████ ███████	Treasurer and Chief Financial Officer	$1.2 million	Dec. 31, 2018
████ █ ███████	Senior Vice President - Chief Marketing Officer	$485,576	Dec. 31, 2018
████████ █ ████████	Executive Vice President - Chief Human Resources Officer	$749,159	Dec. 31, 2018
████ ████████	Senior Vice President - Chief Clinical Imprv Offcr	$479,683	Dec. 31, 2018
██████ █ █████	Executive Vice President - Chief Medical Officer	$1.1 million	Dec. 31, 2018
█ █████ █████	Vice President - Chief Audit Executive	$200,897	Dec. 31, 2018
████ █ ███████████	Chief Compliance Ofcr	$151,682	Dec. 31, 2018
...and 19 more key personnel

Peer health care financing and insurance organizations

	Name	Type	Revenue	Location
1	Capital District Physicians Health Plan (CDPHP)	501(c)(4)	$1.4 billion	Albany, NY
2	Health Insurance Plan of Greater New York	501(c)(4)	$4.8 billion	New York, NY
3	Tufts Health Public Plans	501(c)(4)	$2.1 billion	Watertown, MA
4	Geisinger Health Plan	501(c)(4)	$2.6 billion	Danville, PA
5	Community Health Choice	501(c)(4)	$719 million	Houston, TX
6	Mclaren Health Plan	501(c)(4)	$841 million	Flint, MI
7	Sharp Health Plan	501(c)(4)	$727 million	San Diego, CA
8	The Health Plan	501(c)(4)	$617 million	St Clairsville, OH
9	Delta Dental of Missouri	501(c)(4)	$623 million	St Louis, MO
10	Capital Health Plan (CHP)	501(c)(4)	$876 million	Tallahassee, FL
11	Neighborhood Health Plan (NHP)	501(c)(4)	$2.4 billion	Somerville, MA
12	Blue Plus	501(c)(4)	$2.4 billion	Saint Paul, MN
13	Providence Health Plan	501(c)(4)	$1.4 billion	Renton, WA
14	Health Alliance Plan of Michigan	501(c)(4)	$1.4 billion	Detroit, MI
15	SelectHealth	501(c)(4)	$3.2 billion	Murray, UT
16	Health New England	501(c)(4)	$773 million	Springfield, MA
17	Western Health Advantage	501(c)(4)	$757 million	Sacramento, CA
18	Scott & White Health Plan	501(c)(4)	$730 million	Temple, TX
19	AvMed	501(c)(4)	$991 million	Gainesville, FL
20	Delta Dental of Tennessee	501(c)(4)	$376 million	Nashville, TN
21	Delta Dental of Colorado / Colorado Dental Service Inc	501(c)(4)	$450 million	Denver, CO
22	Delta Dental of Washington	501(c)(4)	$1.3 billion	Seattle, WA
23	Delta Dental of Wisconsin	501(c)(4)	$754 million	Stevens Point, WI
24	Delta Dental of Pennsylvania	501(c)(4)	$770 million	Mechanicsburg, PA
25	Delta Dental of Illinois	501(c)(4)	$777 million	Naperville, IL

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Cause IQ organization profile

Independent Health Association

Form 990s for Independent Health Association

Financials for Independent Health Association

Vendors for Independent Health Association

Personnel at Independent Health Association

Peer health care financing and insurance organizations

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