Cause IQ organization profile

Independent Health Association

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.

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:

Program areas at Independent Health Association

Independent Health Association (iha) coordinates the delivery of quality Health care coverage through contracts with the individual practice Association of western new york (ipawny), a taxable non-profit, for its commercial and medicare hmo products within the eight counties of western new york (wny). Iha also provides coverage and coordinates services to its medicaid hmo product (which includes the medicaid hmo product, the child Health plus (chp), Health and recovery plans (harp) and the essential plan programs) for the arrangement of physician, hospital, medically necessary Health services, diagnostic and preventive Health services to the communities located in erie and niagara county. See schedule o for additional detail.

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		2019-12-31
███ ████	Investment management		2019-12-31
█████████ ████ █████████ ███████	Investment management; Contract Administrator, Participant loan processing	$167,599	2019-12-31
███████████ ██████	Insurance		2019-12-31
███ ████ ███ ██████ █████████ ███████	Insurance		2019-12-31
...and eight more vendors

Personnel at Independent Health Association

Name	Title	Compensation	Most recent data
Michael W. Cropp	President and Chief Executive Officer	$2.2 million	Oct. 28, 2020
John Rodgers	Executive Vice President, Chief Operating Officer	$1.3 million	Oct. 28, 2020
███ ██████████	Chief Financial Officer	$982,009	Oct. 28, 2020
████ ███████	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	Oct. 28, 2020
███████ ██ ██████████	Executive Vice President, Chief Medical Officer	-	Oct. 28, 2020
█ █████ █████	Vice President - Chief Audit Executive	$200,897	Dec. 31, 2018
████ █ ███████████	Chief Compliance Ofcr	$151,682	Dec. 31, 2018
████ █ ████████	Executive Vice President - Chief Engmt and Servcng Officer	$988,392	Dec. 31, 2018
...and 20 more key personnel

Peer health care financing and insurance organizations

	Name	Type	Revenue	Location
1	Capital District Physicians Health Plan (CDPHP)	501(c)(4)	$1.5 billion	Albany, NY
2	Health Insurance Plan of Greater New York	501(c)(4)	$5.0 billion	New York, NY
3	Tufts Health Public Plans	501(c)(4)	$2.1 billion	Watertown, MA
4	The Health Plan	501(c)(4)	$582 million	St Clairsville, OH
5	Health First Health Plans	501(c)(4)	$443 million	Rockledge, FL
6	Sharp Health Plan	501(c)(4)	$789 million	San Diego, CA
7	Community Health Choice	501(c)(4)	$719 million	Houston, TX
8	Geisinger Health Plan	501(c)(4)	$2.7 billion	Danville, PA
9	Mclaren Health Plan	501(c)(4)	$699 million	Flint, MI
10	Blue Plus	501(c)(4)	$2.4 billion	Saint Paul, MN
11	Providence Health Plan	501(c)(4)	$1.4 billion	Renton, WA
12	Health Alliance Plan of Michigan	501(c)(4)	$1.4 billion	Detroit, MI
13	Capital Health Plan (CHP)	501(c)(4)	$876 million	Tallahassee, FL
14	Neighborhood Health Plan (NHP)	501(c)(4)	$2.4 billion	Somerville, MA
15	SelectHealth	501(c)(4)	$3.2 billion	Murray, UT
16	Delta Dental of Missouri	501(c)(4)	$623 million	St Louis, MO
17	Scott & White Health Plan	501(c)(4)	$738 million	Temple, TX
18	AvMed	501(c)(4)	$991 million	Gainesville, FL
19	Health New England	501(c)(4)	$773 million	Springfield, MA
20	Western Health Advantage	501(c)(4)	$786 million	Sacramento, CA
21	Delta Dental of Washington	501(c)(4)	$1.3 billion	Seattle, WA
22	Delta Dental of Minnesota	501(c)(4)	$357 million	Minneapolis, MN
23	Delta Dental of Colorado / Colorado Dental Service Inc	501(c)(4)	$450 million	Denver, CO
24	Delta Dental of Tennessee	501(c)(4)	$376 million	Nashville, TN
25	Delta Dental of Wisconsin	501(c)(4)	$754 million	Stevens Point, WI

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Cause IQ organization profile

Independent Health Association

Program areas at 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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