Paul H Gesswein & Co Health Plan
Paul H Gesswein & Co Health Plan: Stable Finances, Limited Public Information
EIN: 222518722 · Bridgeport, CT · Updated: 2026-04-04
Is Paul H Gesswein & Co Health Plan Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Paul H Gesswein & Co Health Plan directs 99% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Paul H Gesswein & Co Health Plan
Paul H Gesswein & Co Health Plan (EIN: 222518722) is a nonprofit organization based in Bridgeport, CT. The organization reported total revenue of $632K and total assets of $4K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Paul H Gesswein & Co Health Plan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Paul H Gesswein & Co Health Plan is a small nonprofit, with 8 years of IRS 990 filings on record (2012–2019). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $632K |
| Total Expenses | $631K |
| Surplus / Deficit | +$868 |
| Total Assets | $4K |
| Net Assets | $4K |
| Operating Margin | 0.1% |
| Months of Reserves | 0.1 months |
Financial Health Grade: A
In 2019, Paul H Gesswein & Co Health Plan reported a surplus of $868 with revenue exceeding expenses, holds 0.1 months of operating reserves (limited).
Financial Trends
Over 8 years of filings (2012–2019), Paul H Gesswein & Co Health Plan's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +6.5% | +6.6% | +26.4% |
| 2018 | +14.1% | +13.2% | +76.1% |
| 2017 | +1.0% | +1.3% | -59.8% |
| 2016 | -3.4% | -2.1% | -17.8% |
| 2015 | -5.7% | -7.1% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
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 Paul H Gesswein & Co Health Plan with a Mission Score of 60 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: 1%
- programs: 99%
- fundraising: 0%
According to IRS 990 filings, Paul H Gesswein & Co Health Plan 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.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $868, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation information is not publicly disclosed in the available IRS filings, making it impossible to assess specific amounts or reasonableness.
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 Paul H Gesswein & Co Health Plan's IRS 990 filings:
- Lack of public website or detailed program information.
- No clear mission statement or description of health plan beneficiaries/services.
- Limited transparency regarding executive compensation.
Strengths
The following positive indicators were identified for Paul H Gesswein & Co Health Plan:
- Consistently low administrative and fundraising expenses, indicating efficient use of funds.
- Stable revenue and asset base over multiple years.
- Expenditures consistently align closely with revenue, suggesting sound financial management.
Frequently Asked Questions about Paul H Gesswein & Co Health Plan
Is Paul H Gesswein & Co Health Plan a legitimate charity?
Based on AI analysis of IRS 990 filings, Paul H Gesswein & Co Health Plan (EIN: 222518722) some concerns. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
How does Paul H Gesswein & Co Health Plan spend its money?
Paul H Gesswein & Co Health Plan directs 99% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Paul H Gesswein & Co Health Plan tax-deductible?
Paul H Gesswein & Co Health Plan is registered as a tax-exempt nonprofit (EIN: 222518722). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Paul H Gesswein & Co Health Plan do?
Paul H Gesswein & Co Health Plan is a nonprofit organization in the Unknown sector, located in Bridgeport, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Paul H Gesswein & Co Health Plan have?
Paul H Gesswein & Co Health Plan reported total revenue of $631,912. Based on 8 IRS 990 filings on record.
What are Paul H Gesswein & Co Health Plan's total assets?
Paul H Gesswein & Co Health Plan holds total assets of $4,158 as reported in IRS 990 filings.
Where is Paul H Gesswein & Co Health Plan located?
Paul H Gesswein & Co Health Plan is based in Bridgeport, Connecticut.
What is Paul H Gesswein & Co Health Plan's EIN?
Paul H Gesswein & Co Health Plan's Employer Identification Number (EIN) is 222518722. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Paul H Gesswein & Co Health Plan?
Paul H Gesswein & Co Health Plan is classified under NTEE code Unknown (Unknown).
Is Paul H Gesswein & Co Health Plan a registered 501(c)(3)?
Paul H Gesswein & Co Health Plan appears in IRS records (EIN: 222518722). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Paul H Gesswein & Co Health Plan file IRS Form 990?
Yes, Paul H Gesswein & Co Health Plan has 8 IRS Form 990 filings on record. The most recent covers tax period 201906.
What was Paul H Gesswein & Co Health Plan's revenue in 2019?
In the 201906 filing period, Paul H Gesswein & Co Health Plan reported total revenue of $631,912, total expenses of $631,044, and net assets of $4,158.
Is Paul H Gesswein & Co Health Plan's revenue growing or declining?
Paul H Gesswein & Co Health Plan's revenue is growing. Revenue went from $593,188 (201806) to $631,912 (201906), a +6.5% change. Based on 8 filings on record.
What is Paul H Gesswein & Co Health Plan's most recent 990 filing?
The most recent IRS Form 990 filing for Paul H Gesswein & Co Health Plan covers tax period 201906. It shows revenue of $631,912, expenses of $631,044, total assets of $4,158, and liabilities of N/A.
How much does Paul H Gesswein & Co Health Plan spend on programs vs administration?
Based on IRS 990 analysis, Paul H Gesswein & Co Health Plan allocates approximately 99% of expenses to program services, 1% to administrative costs, and 0% to fundraising. This indicates strong program focus.
Is Paul H Gesswein & Co Health Plan a trustworthy charity?
Based on AI analysis of IRS 990 data, Paul H Gesswein & Co Health Plan shows mixed signals. Mission Score: 60/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Paul H Gesswein & Co Health Plan?
The following concerns were identified: Lack of public website or detailed program information.. No clear mission statement or description of health plan beneficiaries/services.. Limited transparency regarding executive compensation.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Paul H Gesswein & Co Health Plan's strengths?
Positive indicators for Paul H Gesswein & Co Health Plan include: Consistently low administrative and fundraising expenses, indicating efficient use of funds.. Stable revenue and asset base over multiple years.. Expenditures consistently align closely with revenue, suggesting sound financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does Paul H Gesswein & Co Health Plan compensate executives?
Executive compensation information is not publicly disclosed in the available IRS filings, making it impossible to assess specific amounts or reasonableness. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'Health Plan' designation and the lack of public program details, what is the specific nature of the health benefits provided and to whom?
Based on the available data, 'Paul H Gesswein & Co Health Plan' appears to be an employer-sponsored health plan, likely providing benefits to employees of Paul H Gesswein & Co. The lack of public program details suggests it operates as a private, self-funded or fully-insured plan for a specific group, rather than a public-facing health charity.
How does the organization ensure its health plan offerings remain competitive and meet the evolving needs of its beneficiaries without a public presence or detailed program reporting?
Without a public presence or detailed program reporting, the organization likely relies on internal mechanisms, such as direct communication with beneficiaries (employees) and internal reviews, to assess and adapt its health plan offerings. This approach is typical for employer-sponsored plans where the 'beneficiaries' are a defined internal group.
Filing History
IRS 990 filing history for Paul H Gesswein & Co Health Plan showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2012–2019), Paul H Gesswein & Co Health Plan's revenue has grown by 28.7%, moving from $491K to $632K. Total assets increased by 9.2% over the same period, from $4K to $4K. Total functional expenses rose by 28.9%, from $490K to $631K. In its most recent filing year (2019), Paul H Gesswein & Co Health Plan reported a surplus of $868, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $632K | $631K | $4K | $0 | — | View 990 |
| 2018 | $593K | $592K | $3K | $0 | — | View 990 |
| 2017 | $520K | $523K | $2K | $0 | — | View 990 |
| 2016 | $515K | $516K | $5K | $0 | — | View 990 |
| 2015 | $533K | $527K | $6K | $0 | — | View 990 |
| 2014 | $565K | $568K | $0 | $0 | — | View 990 |
| 2013 | $455K | $457K | $3K | $0 | — | View 990 |
| 2012 | $491K | $490K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $632K, expenses of $631K, and assets of $4K (revenue +6.5% year-over-year).
- 2018: Revenue of $593K, expenses of $592K, and assets of $3K (revenue +14.1% year-over-year).
- 2017: Revenue of $520K, expenses of $523K, and assets of $2K (revenue +1.0% year-over-year).
- 2016: Revenue of $515K, expenses of $516K, and assets of $5K (revenue -3.4% year-over-year).
- 2015: Revenue of $533K, expenses of $527K, and assets of $6K (revenue -5.7% year-over-year).
- 2014: Revenue of $565K, expenses of $568K, and assets of $0 (revenue +24.1% year-over-year).
- 2013: Revenue of $455K, expenses of $457K, and assets of $3K (revenue -7.2% year-over-year).
- 2012: Revenue of $491K, expenses of $490K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Paul H Gesswein & Co Health Plan:
Data Sources and Methodology
This transparency report for Paul H Gesswein & Co Health Plan 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.