Boston Medical Center Health Plan Inc
EIN: 43373331 · Charlestown, MA · NTEE: E110
| Metric | Value |
|---|---|
| Total Revenue | $6.6B |
| Total Expenses | $4.0B |
| Net Assets | $681.6M |
Search Intent Cockpit
Boston Medical Center Health Plan Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Boston Medical Center Health Plan Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Boston Medical Center Health Plan Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $4.1B and expenses of $4.0B.
Revenue and Expenses
Boston Medical Center Health Plan Inc reported $4.1B in revenue and $4.0B in expenses, a surplus of $120.0M.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
Mission score and red-flag review are shown when AI enrichment is available.
Is Boston Medical Center Health Plan Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.
Across stored filings, Boston Medical Center Health Plan Inc shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification, AI synthesis.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Insufficient Data | Good filing record; no red flags identified |
| Mission spend | Pending | Unknown |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Joint Committee For Childrens Health Care In Everett | Massachusetts and Health context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Joint Committee For Childrens Health Care In Everett →All Massachusetts nonprofits
All Health
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Charlestown, MA nonprofitsHealth in Massachusetts
Health in Massachusetts
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Health spending
Best Health charities in Massachusetts
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Verify
Insufficient Data. Check deductibility, filings, and red flags.
2Understand money
Use filing data to inspect spending as enrichment grows.
3Compare
Benchmark against Joint Committee For Childrens Health Care In Everett.
4Decide
Build a shortlist, compare alternatives, and review the latest filing before giving.
Alternative Shopping
Similar Nonprofits Donors Should Compare
Joint Committee For Childrens Health Care In Everett
Everett, MA · $428K revenue · Score 90/100
Compare side-by-sideNorth American Marine Alliance Inc
Gloucester, MA · $2.7M revenue · Score 95/100
Compare side-by-sideSharing Foundation
Concord, MA · $1.2M revenue · Score 95/100
Compare side-by-sideMarthas Vineyard Community Television Inc
Vineyard Hvn, MA · $877K revenue · Score 95/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
About Boston Medical Center Health Plan Inc
Boston Medical Center Health Plan Inc (EIN: 43373331) is a nonprofit organization based in Charlestown, MA, classified under NTEE code E110. The organization reported total revenue of $6.6B and total assets of $1.7B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boston Medical Center Health Plan Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boston Medical Center Health Plan Inc is a major nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.1B |
| Total Expenses | $4.0B |
| Surplus / Deficit | +$120.0M |
| Total Assets | $1.7B |
| Total Liabilities | $979.6M |
| Net Assets | $681.6M |
| Operating Margin | 2.9% |
| Debt-to-Asset Ratio | 59.0% |
| Months of Reserves | 5.0 months |
Financial Health Grade: A
In 2023, Boston Medical Center Health Plan Inc reported a surplus of $120.0M with revenue exceeding expenses, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 59.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Boston Medical Center Health Plan Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +35.6% | +34.0% | +30.8% |
| 2022 | +6.2% | +8.3% | +26.2% |
| 2021 | +4.4% | +3.2% | +31.5% |
| 2020 | +3.5% | +0.7% | +44.6% |
| 2019 | +28.1% | +28.5% | -0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Boston Medical Center Health Plan Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Boston Medical Center Health Plan Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $120.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 59.0%.
Frequently Asked Questions about Boston Medical Center Health Plan Inc
Is Boston Medical Center Health Plan Inc a legitimate charity?
Boston Medical Center Health Plan Inc (EIN: 43373331) is a registered tax-exempt nonprofit based in Massachusetts. It has 13 years of IRS 990 filings on record. Total revenue: $6.6B. No red flags identified. Financial health grade: A.
How does Boston Medical Center Health Plan Inc spend its money?
Boston Medical Center Health Plan Inc reported $6.6B in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Boston Medical Center Health Plan Inc tax-deductible?
Boston Medical Center Health Plan Inc is registered as a tax-exempt nonprofit (EIN: 43373331). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Boston Medical Center Health Plan Inc located?
Boston Medical Center Health Plan Inc is headquartered in Charlestown, Massachusetts and files with the IRS under EIN 43373331. It is classified under NTEE code E110.
How many years of IRS 990 filings does Boston Medical Center Health Plan Inc have?
Boston Medical Center Health Plan Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $6.6B in total revenue.
Filing History
IRS 990 filing history for Boston Medical Center Health Plan Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Boston Medical Center Health Plan Inc's revenue has grown by 212.6%, moving from $1.3B to $4.1B. Total assets increased by 292.8% over the same period, from $422.9M to $1.7B. Total functional expenses rose by 226.9%, from $1.2B to $4.0B. In its most recent filing year (2023), Boston Medical Center Health Plan Inc reported a surplus of $120.0M, with revenue exceeding expenses. The organization holds $979.6M in liabilities against $1.7B in assets (debt-to-asset ratio: 59.0%), resulting in net assets of $681.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.1B | $4.0B | $1.7B | $979.6M | — | — |
| 2022 | $3.1B | $3.0B | $1.3B | $726.3M | — | View 990 |
| 2021 | $2.9B | $2.8B | $1.0B | $467.1M | — | View 990 |
| 2020 | $2.8B | $2.7B | $765.2M | $337.8M | — | — |
| 2019 | $2.7B | $2.7B | $529.0M | $307.5M | — | View 990 |
| 2018 | $2.1B | $2.1B | $530.0M | $292.0M | — | View 990 |
| 2017 | $1.6B | $1.6B | $470.4M | $235.4M | — | View 990 |
| 2016 | $1.6B | $1.6B | $468.4M | $253.2M | — | View 990 |
| 2015 | $1.6B | $1.6B | $429.5M | $205.6M | — | View 990 |
| 2014 | $1.7B | $1.8B | $367.1M | $188.1M | — | View 990 |
| 2013 | $1.4B | $1.4B | $356.1M | $133.7M | — | View 990 |
| 2012 | $1.2B | $1.2B | $382.1M | $152.4M | — | View 990 |
| 2011 | $1.3B | $1.2B | $422.9M | $141.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.1B, expenses of $4.0B, and assets of $1.7B (revenue +35.6% year-over-year).
- 2022: Revenue of $3.1B, expenses of $3.0B, and assets of $1.3B (revenue +6.2% year-over-year).
- 2021: Revenue of $2.9B, expenses of $2.8B, and assets of $1.0B (revenue +4.4% year-over-year).
- 2020: Revenue of $2.8B, expenses of $2.7B, and assets of $765.2M (revenue +3.5% year-over-year).
- 2019: Revenue of $2.7B, expenses of $2.7B, and assets of $529.0M (revenue +28.1% year-over-year).
- 2018: Revenue of $2.1B, expenses of $2.1B, and assets of $530.0M (revenue +26.7% year-over-year).
- 2017: Revenue of $1.6B, expenses of $1.6B, and assets of $470.4M (revenue +4.5% year-over-year).
- 2016: Revenue of $1.6B, expenses of $1.6B, and assets of $468.4M (revenue -4.3% year-over-year).
- 2015: Revenue of $1.6B, expenses of $1.6B, and assets of $429.5M (revenue -4.2% year-over-year).
- 2014: Revenue of $1.7B, expenses of $1.8B, and assets of $367.1M (revenue +24.7% year-over-year).
- 2013: Revenue of $1.4B, expenses of $1.4B, and assets of $356.1M (revenue +14.4% year-over-year).
- 2012: Revenue of $1.2B, expenses of $1.2B, and assets of $382.1M (revenue -9.3% year-over-year).
- 2011: Revenue of $1.3B, expenses of $1.2B, and assets of $422.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boston Medical Center Health Plan Inc:
Data Sources and Methodology
This transparency report for Boston Medical Center Health Plan Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.