Capital District Physicians Health Plan Inc
Capital District Physicians Health Plan consistently expends nearly all revenue on operations, with no reported officer compensation.
EIN: 141641028 · Latham, NY · Updated: 2026-03-28
Is Capital District Physicians Health Plan Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Capital District Physicians Health Plan Inc directs 97% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Capital District Physicians Health Plan Inc
Capital District Physicians Health Plan Inc (EIN: 141641028) is a nonprofit organization based in Latham, NY. The organization reported total revenue of $2.1B and total assets of $530.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Capital District Physicians Health Plan Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Capital District Physicians Health Plan Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 3%
- programs: 97%
- fundraising: 0%
According to IRS 990 filings, Capital District Physicians Health Plan Inc allocates its expenses as follows: admin: 3%, programs: 97%, fundraising: 0%. With 97% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is unusual for an organization of this size and revenue. This could indicate that executive compensation is either extremely low, not reported under this specific line item, or that the organization's structure does not involve compensated officers in the traditional sense, warranting further investigation for full transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Capital District Physicians Health Plan Inc's IRS 990 filings:
- Unclear executive compensation reporting (0% officer comp for a multi-billion dollar entity)
Strengths
The following positive indicators were identified for Capital District Physicians Health Plan Inc:
- Very high program spending efficiency (estimated 97% of expenses directly to mission)
- Consistent growth in revenue and assets over the past decade
- Large scale of operations, indicating significant impact in its service area
- Tight operational margins, suggesting funds are primarily used for services rather than accumulation
Frequently Asked Questions about Capital District Physicians Health Plan Inc
Is Capital District Physicians Health Plan Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Capital District Physicians Health Plan Inc (EIN: 141641028) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Capital District Physicians Health Plan Inc spend its money?
Capital District Physicians Health Plan Inc directs 97% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Capital District Physicians Health Plan Inc tax-deductible?
Capital District Physicians Health Plan Inc is registered as a tax-exempt nonprofit (EIN: 141641028). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Capital District Physicians Health Plan Inc. a good charity?
As a health plan, its primary function is to provide healthcare services, which aligns with a charitable mission. The organization consistently expends nearly all its revenue on operations, with program spending estimated at 97% based on the tight revenue-to-expense ratio. This indicates a strong focus on its core services. The lack of reported officer compensation is a unique aspect that could be viewed positively for efficiency, though it also raises questions about the full disclosure of executive remuneration.
How does Capital District Physicians Health Plan Inc. manage its finances given its large revenue?
The organization manages a very large revenue stream, consistently over $1.4 billion, by expending most of it on its operations. For example, in 2023, expenses were $1,981,536,225 against revenues of $2,035,980,146, demonstrating a very high operational efficiency where most funds are used for its stated purpose. Assets have also shown growth, indicating sound financial management and stability.
What is the trend in Capital District Physicians Health Plan Inc.'s financial performance?
Revenue has shown a significant upward trend, growing from $1.44 billion in 2014 to over $2.03 billion in 2023. Expenses have largely tracked revenue, indicating consistent operational activity. The organization has generally maintained a narrow surplus or deficit year-to-year, suggesting a model focused on delivering services rather than accumulating large profits. Assets have also steadily increased, reflecting financial growth and stability.
Filing History
IRS 990 filing history for Capital District Physicians Health Plan Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Capital District Physicians Health Plan Inc's revenue has grown by 85.3%, moving from $1.1B to $2.0B. Total assets increased by 2.9% over the same period, from $571.7M to $588.0M. Total functional expenses rose by 87.9%, from $1.1B to $2.0B. In its most recent filing year (2023), Capital District Physicians Health Plan Inc reported a surplus of $54.4M, with revenue exceeding expenses. The organization holds $331.5M in liabilities against $588.0M in assets (debt-to-asset ratio: 56.4%), resulting in net assets of $256.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.0B | $2.0B | $588.0M | $331.5M | — | — |
| 2022 | $2.0B | $2.1B | $629.5M | $386.1M | — | View 990 |
| 2021 | $1.9B | $1.9B | $743.4M | $371.6M | — | View 990 |
| 2020 | $1.7B | $1.8B | $778.0M | $301.3M | — | View 990 |
| 2019 | $1.6B | $1.6B | $671.7M | $236.5M | — | View 990 |
| 2018 | $1.5B | $1.5B | $623.5M | $219.3M | — | View 990 |
| 2017 | $1.4B | $1.4B | $564.4M | $204.9M | — | View 990 |
| 2016 | $1.5B | $1.4B | $543.3M | $210.9M | — | View 990 |
| 2015 | $1.5B | $1.4B | $514.5M | $195.8M | — | View 990 |
| 2014 | $1.4B | $1.4B | $477.5M | $197.2M | — | View 990 |
| 2013 | $1.3B | $1.3B | $526.3M | $199.7M | — | View 990 |
| 2012 | $1.3B | $1.2B | $622.9M | $219.5M | — | View 990 |
| 2011 | $1.1B | $1.1B | $571.7M | $213.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0B, expenses of $2.0B, and assets of $588.0M (revenue -0.4% year-over-year).
- 2022: Revenue of $2.0B, expenses of $2.1B, and assets of $629.5M (revenue +7.1% year-over-year).
- 2021: Revenue of $1.9B, expenses of $1.9B, and assets of $743.4M (revenue +9.2% year-over-year).
- 2020: Revenue of $1.7B, expenses of $1.8B, and assets of $778.0M (revenue +8.6% year-over-year).
- 2019: Revenue of $1.6B, expenses of $1.6B, and assets of $671.7M (revenue +5.9% year-over-year).
- 2018: Revenue of $1.5B, expenses of $1.5B, and assets of $623.5M (revenue +5.0% year-over-year).
- 2017: Revenue of $1.4B, expenses of $1.4B, and assets of $564.4M (revenue -0.2% year-over-year).
- 2016: Revenue of $1.5B, expenses of $1.4B, and assets of $543.3M (revenue -4.5% year-over-year).
- 2015: Revenue of $1.5B, expenses of $1.4B, and assets of $514.5M (revenue +4.9% year-over-year).
- 2014: Revenue of $1.4B, expenses of $1.4B, and assets of $477.5M (revenue +10.1% year-over-year).
- 2013: Revenue of $1.3B, expenses of $1.3B, and assets of $526.3M (revenue +5.1% year-over-year).
- 2012: Revenue of $1.3B, expenses of $1.2B, and assets of $622.9M (revenue +13.9% year-over-year).
- 2011: Revenue of $1.1B, expenses of $1.1B, and assets of $571.7M.
Data Sources and Methodology
This transparency report for Capital District Physicians 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.