AI Transparency Report
Capital District Physicians Health Plan Inc. operates on a massive scale, with revenues consistently exceeding $1.4 billion annually, reaching over $2.1 billion in the latest reported period. As a health plan, a significant portion of its expenses are directly related to program services (healthcare costs). The organization generally operates with a narrow surplus or deficit, indicating that most revenue is expended on its mission. For instance, in 2023, expenses were $1,981,536,225 against revenues of $2,035,980,146, showing a tight operational margin. The consistent reporting of 0% officer compensation across all available filings suggests that executive compensation, if any, is not reported in the 'officer compensation' section of the 990, or that the organization's structure does not involve compensated officers in the traditional sense, which could be a point for further inquiry regarding transparency in executive pay. The organization's assets have grown over time, from $477 million in 2014 to $588 million in 2023, indicating financial stability.