Mvp Health Plan Inc
MVP Health Plan Inc. consistently allocates nearly all revenue to health plan operations, reporting 0% officer compensation.
EIN: 141640868 · Schenectady, NY · Updated: 2026-03-28
Is Mvp 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 →
Mvp Health Plan Inc directs 99% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mvp Health Plan Inc
Mvp Health Plan Inc (EIN: 141640868) is a nonprofit organization based in Schenectady, NY. The organization reported total revenue of $3.3B and total assets of $875.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mvp 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 Mvp Health Plan Inc with a Mission Score of 90 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: 1%
- programs: 99%
- fundraising: 0%
According to IRS 990 filings, Mvp Health Plan Inc allocates its expenses as follows: admin: 1%, programs: 99%, fundraising: 0%. With 99% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The reported 0% officer compensation across all available filings is highly unusual for an organization of this scale, suggesting that executive compensation may be handled through a related entity or not reported in this specific field on the 990, 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 Mvp Health Plan Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation, which may indicate compensation is reported elsewhere or through related entities, potentially obscuring full executive compensation transparency.
Strengths
The following positive indicators were identified for Mvp Health Plan Inc:
- High program spending ratio, with expenses consistently close to revenue (e.g., 99% in 2023), indicating efficient use of funds for its core mission.
- Consistent revenue growth over the past decade, from $1.67 billion in 2014 to over $3 billion in 2023.
- Strong asset growth, increasing from $540 million in 2014 to $915 million in 2023, demonstrating financial stability.
- Healthy asset-to-liability ratio, indicating good financial management and solvency.
Frequently Asked Questions about Mvp Health Plan Inc
Is Mvp Health Plan Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mvp Health Plan Inc (EIN: 141640868) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Mvp Health Plan Inc spend its money?
Mvp Health Plan Inc directs 99% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mvp Health Plan Inc tax-deductible?
Mvp Health Plan Inc is registered as a tax-exempt nonprofit (EIN: 141640868). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is MVP Health Plan Inc. a good charity?
As a health plan, MVP Health Plan Inc. appears to be a financially stable and efficient organization based on its IRS 990 data. Its consistent allocation of nearly all revenue to expenses (e.g., $3,027,958,556 in expenses against $3,039,847,348 in revenue in 2023) indicates a strong focus on its core services. The reported 0% officer compensation is a unique aspect that could be viewed positively, though it warrants further clarification.
How does MVP Health Plan Inc. manage its executive compensation?
The IRS 990 filings consistently report 0% for officer compensation. This is highly unusual for an organization with billions in revenue and assets, suggesting that executive compensation may be paid by a related entity, or not reported in this specific field on the 990. Further investigation into their organizational structure and related entities would be necessary to fully understand executive compensation practices.
What is the trend in MVP Health Plan Inc.'s financial health?
MVP Health Plan Inc. demonstrates consistent financial health. Revenues have generally increased over the past decade, from $1,673,965,524 in 2014 to $3,039,847,348 in 2023. Assets have also grown steadily, from $540,292,293 in 2014 to $915,432,292 in 2023, while maintaining manageable liabilities, indicating strong financial management.
What percentage of revenue does MVP Health Plan Inc. spend on its programs?
Based on the close alignment of total expenses to total revenue, MVP Health Plan Inc. appears to spend approximately 99% of its revenue on its programs (health plan operations). For example, in 2023, expenses were $3,027,958,556 against revenues of $3,039,847,348, indicating a very high proportion of funds directly used for its services.
Filing History
IRS 990 filing history for Mvp Health Plan Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mvp Health Plan Inc's revenue has grown by 52.9%, moving from $2.0B to $3.0B. Total assets increased by 73.9% over the same period, from $526.3M to $915.4M. Total functional expenses rose by 58.3%, from $1.9B to $3.0B. In its most recent filing year (2023), Mvp Health Plan Inc reported a surplus of $11.9M, with revenue exceeding expenses. The organization holds $456.7M in liabilities against $915.4M in assets (debt-to-asset ratio: 49.9%), resulting in net assets of $458.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.0B | $3.0B | $915.4M | $456.7M | — | — |
| 2022 | $3.2B | $3.1B | $817.1M | $384.7M | — | View 990 |
| 2021 | $3.0B | $3.0B | $792.5M | $375.7M | — | View 990 |
| 2020 | $2.8B | $2.7B | $843.9M | $379.7M | — | View 990 |
| 2019 | $2.7B | $2.7B | $717.9M | $279.0M | — | View 990 |
| 2018 | $2.7B | $2.6B | $723.8M | $303.4M | — | View 990 |
| 2017 | $2.6B | $2.5B | $693.9M | $286.8M | — | View 990 |
| 2016 | $2.5B | $2.5B | $722.8M | $298.4M | — | View 990 |
| 2015 | $1.6B | $1.6B | $589.9M | $176.4M | — | View 990 |
| 2014 | $1.7B | $1.7B | $540.3M | $158.2M | — | View 990 |
| 2013 | $1.7B | $1.7B | $591.3M | $167.0M | — | View 990 |
| 2012 | $2.0B | $1.9B | $577.2M | $189.0M | — | View 990 |
| 2011 | $2.0B | $1.9B | $526.3M | $179.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0B, expenses of $3.0B, and assets of $915.4M (revenue -4.7% year-over-year).
- 2022: Revenue of $3.2B, expenses of $3.1B, and assets of $817.1M (revenue +6.3% year-over-year).
- 2021: Revenue of $3.0B, expenses of $3.0B, and assets of $792.5M (revenue +8.3% year-over-year).
- 2020: Revenue of $2.8B, expenses of $2.7B, and assets of $843.9M (revenue +3.0% year-over-year).
- 2019: Revenue of $2.7B, expenses of $2.7B, and assets of $717.9M (revenue +0.3% year-over-year).
- 2018: Revenue of $2.7B, expenses of $2.6B, and assets of $723.8M (revenue +5.1% year-over-year).
- 2017: Revenue of $2.6B, expenses of $2.5B, and assets of $693.9M (revenue +1.3% year-over-year).
- 2016: Revenue of $2.5B, expenses of $2.5B, and assets of $722.8M (revenue +60.1% year-over-year).
- 2015: Revenue of $1.6B, expenses of $1.6B, and assets of $589.9M (revenue -6.0% year-over-year).
- 2014: Revenue of $1.7B, expenses of $1.7B, and assets of $540.3M (revenue -1.4% year-over-year).
- 2013: Revenue of $1.7B, expenses of $1.7B, and assets of $591.3M (revenue -14.0% year-over-year).
- 2012: Revenue of $2.0B, expenses of $1.9B, and assets of $577.2M (revenue -0.7% year-over-year).
- 2011: Revenue of $2.0B, expenses of $1.9B, and assets of $526.3M.
Data Sources and Methodology
This transparency report for Mvp 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.