Metroplus Health Plan Inc
Metroplus Health Plan Inc. shows consistent revenue growth and efficient operations with minimal surplus and no reported officer compensation on its 990 filings.
EIN: 134115686 · New York, NY · NTEE: E31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.9B |
| Total Expenses | $5.0B |
| Program Spending | 95% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $911.7M |
| Transparency Score | 85/100 |
Is Metroplus 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 →
Metroplus Health Plan Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Metroplus Health Plan Inc
Metroplus Health Plan Inc (EIN: 134115686) is a nonprofit organization based in New York, NY, classified under NTEE code E31. The organization reported total revenue of $4.9B and total assets of $2.6B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Metroplus Health Plan Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Metroplus Health Plan Inc is a major nonprofit that has been operating for 25 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 | $5.2B |
| Total Expenses | $5.0B |
| Surplus / Deficit | +$227.4M |
| Total Assets | $2.5B |
| Total Liabilities | $1.6B |
| Net Assets | $911.7M |
| Operating Margin | 4.4% |
| Debt-to-Asset Ratio | 63.4% |
| Months of Reserves | 6.0 months |
Financial Health Grade: A
In 2023, Metroplus Health Plan Inc reported a surplus of $227.4M with revenue exceeding expenses, holds 6.0 months of operating reserves (strong position), has a debt-to-asset ratio of 63.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Metroplus 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 | +21.5% | +18.2% | +42.3% |
| 2022 | +10.5% | +9.3% | +6.7% |
| 2021 | +18.2% | +18.9% | +7.8% |
| 2020 | +2.1% | +0.9% | +3.6% |
| 2019 | +1.8% | +2.1% | -3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Metroplus 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: 4%
- programs: 95%
- fundraising: 1%
According to IRS 990 filings, Metroplus Health Plan Inc allocates its expenses as follows: admin: 4%, programs: 95%, fundraising: 1%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $227.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 63.4%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this scale (over $5 billion in revenue). This suggests that executive compensation may be paid by a related entity or not directly reported on these specific filings, warranting further investigation for complete 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 Metroplus Health Plan Inc's IRS 990 filings:
- 0% officer compensation reported on 990s for a multi-billion dollar organization, which may indicate compensation is paid by a related entity and not directly disclosed on these filings.
Strengths
The following positive indicators were identified for Metroplus Health Plan Inc:
- Consistent and substantial revenue growth, indicating increasing reach and impact.
- High program spending efficiency, with expenses closely matching revenue, suggesting most funds go directly to services.
- Strong and growing asset base, providing long-term financial stability.
- Consistent operational surpluses, albeit narrow, demonstrating sound financial management.
Frequently Asked Questions about Metroplus Health Plan Inc
Is Metroplus Health Plan Inc a legitimate charity?
Metroplus Health Plan Inc (EIN: 134115686) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.9B. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Metroplus Health Plan Inc spend its money?
Metroplus Health Plan Inc directs 95% of its spending to programs and services. Fundraising costs 1%. This exceeds the 65% industry benchmark.
Are donations to Metroplus Health Plan Inc tax-deductible?
Metroplus Health Plan Inc is registered as a tax-exempt nonprofit (EIN: 134115686). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Metroplus Health Plan Inc CEO make?
Metroplus Health Plan Inc's highest-compensated officer earns $5 annually. The organization reported $4.9B in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Metroplus Health Plan Inc's spending goes to programs?
Metroplus Health Plan Inc directs 95% to programs, 1% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Metroplus Health Plan Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Metroplus Health Plan Inc is above average for NTEE category E31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Metroplus Health Plan Inc located?
Metroplus Health Plan Inc is headquartered in New York, New York and files with the IRS under EIN 134115686. It is classified under NTEE code E31.
How many years of IRS 990 filings does Metroplus Health Plan Inc have?
Metroplus 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 $4.9B in total revenue.
Is Metroplus Health Plan Inc. a good charity?
Metroplus Health Plan Inc. appears to be a financially sound organization with strong program spending, as evidenced by its consistent near break-even operations where the vast majority of revenue is expended on its health plan services. Its substantial and growing asset base further supports its long-term stability. However, the lack of reported officer compensation on its 990s could be a point for further inquiry regarding executive pay transparency.
How has Metroplus Health Plan Inc.'s revenue changed over time?
Metroplus Health Plan Inc. has experienced significant and consistent revenue growth, increasing from $2.27 billion in 2014 to $5.22 billion in 2023, demonstrating a strong upward trend in its financial capacity.
What is the organization's financial stability?
The organization exhibits strong financial stability, with assets growing from $1.08 billion in 2014 to $2.49 billion in 2023. Its consistent ability to manage expenses closely to revenue, resulting in a modest surplus, indicates prudent financial management.
Filing History
IRS 990 filing history for Metroplus Health Plan Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Metroplus Health Plan Inc's revenue has grown by 213.1%, moving from $1.7B to $5.2B. Total assets increased by 268.6% over the same period, from $675.1M to $2.5B. Total functional expenses rose by 212.6%, from $1.6B to $5.0B. In its most recent filing year (2023), Metroplus Health Plan Inc reported a surplus of $227.4M, with revenue exceeding expenses. The organization holds $1.6B in liabilities against $2.5B in assets (debt-to-asset ratio: 63.4%), resulting in net assets of $911.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.2B | $5.0B | $2.5B | $1.6B | — | — |
| 2022 | $4.3B | $4.2B | $1.7B | $1.1B | — | View 990 |
| 2021 | $3.9B | $3.9B | $1.6B | $1.0B | — | View 990 |
| 2020 | $3.3B | $3.2B | $1.5B | $936.5M | — | View 990 |
| 2019 | $3.2B | $3.2B | $1.5B | $926.2M | — | View 990 |
| 2018 | $3.2B | $3.2B | $1.5B | $985.0M | — | View 990 |
| 2017 | $3.0B | $3.0B | $1.5B | $937.6M | — | View 990 |
| 2016 | $2.8B | $2.8B | $1.4B | $888.2M | — | View 990 |
| 2015 | $2.6B | $2.5B | $1.2B | $720.9M | — | View 990 |
| 2014 | $2.3B | $2.2B | $1.1B | $625.0M | — | View 990 |
| 2013 | $2.1B | $2.0B | $963.2M | $477.0M | — | View 990 |
| 2012 | $2.1B | $2.0B | $889.2M | $491.7M | — | View 990 |
| 2011 | $1.7B | $1.6B | $675.1M | $384.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.2B, expenses of $5.0B, and assets of $2.5B (revenue +21.5% year-over-year).
- 2022: Revenue of $4.3B, expenses of $4.2B, and assets of $1.7B (revenue +10.5% year-over-year).
- 2021: Revenue of $3.9B, expenses of $3.9B, and assets of $1.6B (revenue +18.2% year-over-year).
- 2020: Revenue of $3.3B, expenses of $3.2B, and assets of $1.5B (revenue +2.1% year-over-year).
- 2019: Revenue of $3.2B, expenses of $3.2B, and assets of $1.5B (revenue +1.8% year-over-year).
- 2018: Revenue of $3.2B, expenses of $3.2B, and assets of $1.5B (revenue +6.2% year-over-year).
- 2017: Revenue of $3.0B, expenses of $3.0B, and assets of $1.5B (revenue +7.1% year-over-year).
- 2016: Revenue of $2.8B, expenses of $2.8B, and assets of $1.4B (revenue +7.4% year-over-year).
- 2015: Revenue of $2.6B, expenses of $2.5B, and assets of $1.2B (revenue +14.4% year-over-year).
- 2014: Revenue of $2.3B, expenses of $2.2B, and assets of $1.1B (revenue +6.1% year-over-year).
- 2013: Revenue of $2.1B, expenses of $2.0B, and assets of $963.2M (revenue +3.5% year-over-year).
- 2012: Revenue of $2.1B, expenses of $2.0B, and assets of $889.2M (revenue +23.8% year-over-year).
- 2011: Revenue of $1.7B, expenses of $1.6B, and assets of $675.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Metroplus Health Plan Inc:
Data Sources and Methodology
This transparency report for Metroplus 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.