New York Health Plan Association Inc
New York Health Plan Association Inc. shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 141641053 · Albany, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $1.9M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $496K |
| Transparency Score | 75/100 |
Is New York Health Plan Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York Health Plan Association Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About New York Health Plan Association Inc
New York Health Plan Association Inc (EIN: 141641053) is a nonprofit organization based in Albany, NY. The organization reported total revenue of $2.4M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Health Plan Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York Health Plan Association Inc is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$264K |
| Total Assets | $2.1M |
| Total Liabilities | $1.6M |
| Net Assets | $496K |
| Operating Margin | 12.0% |
| Debt-to-Asset Ratio | 76.7% |
| Months of Reserves | 13.1 months |
Financial Health Grade: A
In 2023, New York Health Plan Association Inc reported a surplus of $264K with revenue exceeding expenses, holds 13.1 months of operating reserves (strong position), has a debt-to-asset ratio of 76.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York Health Plan Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.4% | +18.7% | -3.5% |
| 2022 | -1.2% | -5.9% | +41.8% |
| 2021 | +9.3% | +2.0% | -3.9% |
| 2020 | -2.9% | +14.5% | +11.9% |
| 2019 | +13.2% | -27.1% | +17.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1994 |
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 New York Health Plan Association Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, New York Health Plan Association Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $264K, with revenue exceeding expenses.
- Debt-to-asset ratio: 76.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with over $2 million in annual revenue. This suggests that compensation for leadership roles may be categorized differently or that the organization operates with an entirely volunteer officer structure, requiring further clarification for full understanding.
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 New York Health Plan Association Inc's IRS 990 filings:
- Unknown NTEE code, hindering clear understanding of mission focus.
- Consistent 0% officer compensation reported, which is unusual for an organization of this scale and warrants further investigation into how leadership is compensated.
Strengths
The following positive indicators were identified for New York Health Plan Association Inc:
- Consistent revenue growth and positive net income in recent years (e.g., $264,243 surplus in 2023).
- Healthy asset accumulation, reaching $2,127,584 in 2023, indicating financial stability.
- Long history of IRS 990 filings (13 filings), demonstrating regulatory compliance.
- Manageable liabilities relative to assets, suggesting a stable financial position.
Frequently Asked Questions about New York Health Plan Association Inc
Is New York Health Plan Association Inc a legitimate charity?
New York Health Plan Association Inc (EIN: 141641053) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.4M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does New York Health Plan Association Inc spend its money?
New York Health Plan Association Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to New York Health Plan Association Inc tax-deductible?
New York Health Plan Association Inc is registered as a tax-exempt nonprofit (EIN: 141641053). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New York Health Plan Association Inc CEO make?
New York Health Plan Association Inc's highest-compensated officer earns $2 annually. The organization reported $2.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New York Health Plan Association Inc's spending goes to programs?
New York Health Plan Association Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is New York Health Plan Association Inc located?
New York Health Plan Association Inc is headquartered in Albany, New York and files with the IRS under EIN 141641053.
How many years of IRS 990 filings does New York Health Plan Association Inc have?
New York Health Plan Association 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 $2.4M in total revenue.
How are leadership salaries and benefits accounted for if officer compensation is consistently reported as 0%?
The IRS 990 filings consistently show 0% officer compensation. This could mean that key personnel are compensated as employees rather than officers, or that the organization's leadership is entirely volunteer-based. A deeper dive into the full 990 form's compensation schedules would be needed to understand this fully.
What is the specific NTEE code for New York Health Plan Association Inc. and what are its primary programmatic activities?
The NTEE code is listed as 'Unknown' in the provided data. Understanding the specific NTEE code and the organization's primary programs would clarify its mission and impact, which is crucial for assessing its effectiveness.
What is the detailed functional expense breakdown (program, administrative, fundraising) for the organization?
The provided data does not include a detailed functional expense breakdown. This information is essential for a comprehensive assessment of spending efficiency and how resources are allocated across its mission, management, and fundraising efforts.
Filing History
IRS 990 filing history for New York Health Plan Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York Health Plan Association Inc's revenue has grown by 68.6%, moving from $1.3M to $2.2M. Total assets increased by 59.5% over the same period, from $1.3M to $2.1M. Total functional expenses rose by 37.7%, from $1.4M to $1.9M. In its most recent filing year (2023), New York Health Plan Association Inc reported a surplus of $264K, with revenue exceeding expenses. The organization holds $1.6M in liabilities against $2.1M in assets (debt-to-asset ratio: 76.7%), resulting in net assets of $496K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $1.9M | $2.1M | $1.6M | — | — |
| 2022 | $1.9M | $1.6M | $2.2M | $2.0M | — | View 990 |
| 2021 | $1.9M | $1.7M | $1.6M | $1.5M | — | View 990 |
| 2020 | $1.8M | $1.7M | $1.6M | $1.7M | — | View 990 |
| 2019 | $1.8M | $1.5M | $1.4M | $1.7M | — | — |
| 2018 | $1.6M | $2.0M | $1.2M | $1.9M | — | View 990 |
| 2017 | $1.6M | $1.7M | $1.2M | $1.4M | — | View 990 |
| 2016 | $1.5M | $1.7M | $1.4M | $1.5M | — | View 990 |
| 2015 | $1.6M | $1.7M | $1.4M | $1.4M | — | View 990 |
| 2014 | $1.5M | $1.5M | $1.1M | $898K | — | View 990 |
| 2013 | $1.4M | $1.5M | $1.3M | $1.2M | — | View 990 |
| 2012 | $1.4M | $1.5M | $1.2M | $1.0M | — | View 990 |
| 2011 | $1.3M | $1.4M | $1.3M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $1.9M, and assets of $2.1M (revenue +15.4% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.6M, and assets of $2.2M (revenue -1.2% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.7M, and assets of $1.6M (revenue +9.3% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.7M, and assets of $1.6M (revenue -2.9% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.5M, and assets of $1.4M (revenue +13.2% year-over-year).
- 2018: Revenue of $1.6M, expenses of $2.0M, and assets of $1.2M (revenue -1.6% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.7M, and assets of $1.2M (revenue +9.6% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.7M, and assets of $1.4M (revenue -6.5% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.7M, and assets of $1.4M (revenue +7.1% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.5M, and assets of $1.1M (revenue +8.4% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.5M, and assets of $1.3M (revenue -1.7% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.5M, and assets of $1.2M (revenue +7.0% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.4M, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York Health Plan Association Inc:
Data Sources and Methodology
This transparency report for New York Health Plan Association 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.