Totals
- Total revenue
- -$13,473,446
- Total expenses
- $1,246,725
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $1,105,733
- Other revenue
- -$14,579,179
- Total assets, end of year
- $2,458,191,290
- Total liabilities, end of year
- $185,311
- Net assets or fund balances, end of year
- $2,458,005,979
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $1,246,725
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $0
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
3 · Investment income
total $1,105,733 · excluded $1,105,733
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: EQUITY IN SUBSIDIARIES
total -$14,579,179 · related or exempt -$14,579,179 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
-$14,579,179
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0 · program services $0
-
2 · Grants to domestic individuals
total $0 · program services $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $22,235 · program services $0 · management and general $22,235 · fundraising $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $9,076 · program services $0 · management and general $9,076 · fundraising $0
-
14 · Information technology
total $87,186 · program services $0 · management and general $87,186 · fundraising $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $15,377 · program services $0 · management and general $15,377 · fundraising $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $37,275 · program services $0 · management and general $37,275 · fundraising $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: BOARD/COMMITTEE FEES
total $942,562 · program services $0 · management and general $942,562 · fundraising $0
-
24b · Other expenses: ASSOCIATION DUES
total $3,741 · program services $0 · management and general $3,741 · fundraising $0
-
24c · Other expenses: OUTSIDE TRAINING
total $2,646 · program services $0 · management and general $2,646 · fundraising $0
-
24d · Other expenses: CORP. OVERHEAD EXPENSE
total $360 · program services $0 · management and general $360 · fundraising $0
-
24e · All other expenses
total $126,267 · management and general $126,267
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $31,494 · end of year $74,005
-
2 · Savings and temporary cash investments
beginning of year $20,402,491 · end of year $159,714
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $28,013 · end of year $54,128
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $34,158,468 · end of year $28,350,006
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $36,954,590 · end of year $36,954,590
-
15 · Other assets
beginning of year $2,387,074,129 · end of year $2,392,598,847
-
17 · Accounts payable and accrued expenses
beginning of year $0 · end of year $48,225
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $30,129 · end of year $137,086
-
27 · Net assets without donor restrictions
beginning of year $2,478,619,056 · end of year $2,458,005,979
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
SEE SCHEDULE O
-
POINT32HEALTH, INC.'S PURPOSE IS TO OPERATE EXCLUSIVELY FOR THE PROMOTION OF SOCIAL WELFARE, FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF,AND TO CARRY OUT THE PURPOSES OF AND OVERSEE ORGANIZATIONS THAT: (A) ARRANGE FOR THE PROVISION OF COMPREHENSIVE HEALTH CARE SERVICES, PRIMARILY ON A PRE-PAID BASIS, MANAGED CARE PROGRAMS,AND OTHER ALTERNATIVE HEALTH CARE DELIVERY PROGRAMS, INCLUDING PROGRAMS DIRECTED PRIMARILY AT LOW INCOME RESIDENTS; (B) PROMOTE HEALTH MAINTENANCE THROUGH PROVIDING AND/OR ARRANGING FOR THE PROVISION OF HEALTH EDUCATION SERVICES; AND/OR (C) PROMOTE POSITIVE REGIONAL HEALTH PLANNING BETWEEN PROVIDERS AND CONSUMERS. POINT32HEALTH, INC.'S ACTIVITIES INCLUDE SUPERVISING, OVERSEEING, AND APPROVING STRATEGIC PLANNING FOR TAHMO, THPP, HPHC ANDOTHER ENTITIES IN THE POINT32HEALTH ENTERPRISE.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Cain HayesCAIN HAYES
PRESIDENT & CEO
- Total calculated
- $2,776,610
- From this org
- $0
- From related orgs
- $2,440,620
- Other
- $335,990
- Hours/week
- 2.5 + 47.5 related
Schedule J breakdown matched by us
- Base
- $0 + $1,139,681 related
- Bonus
- $0 + $1,300,939 related
- Other
- $0
- Deferred
- $0 + $308,583 related
- Nontaxable benefits
- $0 + $27,407 related
- Filer's total
- $0 + $2,776,610 related
-
Michael CarsonMICHAEL CARSON
FORMER PRESIDENT
- Total calculated
- $2,220,842
- From this org
- $0
- From related orgs
- $2,220,842
- Other
- $0
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0 + $1,094,842 related
- Other
- $0 + $1,126,000 related
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $2,220,842 related
-
Umesh KurpadUMESH KURPAD
CFO
- Total calculated
- $1,692,603
- From this org
- $0
- From related orgs
- $1,495,153
- Other
- $197,450
- Hours/week
- 2.5 + 47.5 related
Schedule J breakdown matched by us
- Base
- $0 + $612,783 related
- Bonus
- $0 + $715,141 related
- Other
- $0 + $167,229 related
- Deferred
- $0 + $184,011 related
- Nontaxable benefits
- $0 + $13,439 related
- Filer's total
- $0 + $1,692,603 related
-
Derek AbruzzeseDEREK ABRUZZESE
SVP, CORP STRATEGY (END 4/15)
- Total calculated
- $1,629,865
- From this org
- $0
- From related orgs
- $1,573,814
- Other
- $56,051
- Hours/week
- 2.5 + 47.5 related
Schedule J breakdown matched by us
- Base
- $0 + $102,584 related
- Bonus
- $0 + $322,799 related
- Other
- $0 + $1,148,431 related
- Deferred
- $0 + $48,131 related
- Nontaxable benefits
- $0 + $7,920 related
- Filer's total
- $0 + $1,629,865 related
-
Thomas CroswellTHOMAS CROSWELL
FORMER CEO
- Total calculated
- $1,513,553
- From this org
- $0
- From related orgs
- $1,500,205
- Other
- $13,348
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0 + $1,500,205 related
- Other
- $0
- Deferred
- $0 + $13,348 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $1,513,553 related
-
Tisa HughesTISA HUGHES
CLERK/SECR;CHIEF LEGAL OFFICER
- Total calculated
- $1,308,884
- From this org
- $0
- From related orgs
- $1,189,371
- Other
- $119,513
- Hours/week
- 2.5 + 47.5 related
Schedule J breakdown matched by us
- Base
- $0 + $473,550 related
- Bonus
- $0 + $667,925 related
- Other
- $0 + $47,896 related
- Deferred
- $0 + $95,697 related
- Nontaxable benefits
- $0 + $23,816 related
- Filer's total
- $0 + $1,308,884 related
-
Michael Sherman MDMICHAEL SHERMAN MD
CHIEF MEDICAL OFFICER
- Total calculated
- $1,282,072
- From this org
- $0
- From related orgs
- $1,114,767
- Other
- $167,305
- Hours/week
- 2.5 + 47.5 related
Schedule J breakdown matched by us
- Base
- $0 + $477,368 related
- Bonus
- $0 + $538,227 related
- Other
- $0 + $99,172 related
- Deferred
- $0 + $143,552 related
- Nontaxable benefits
- $0 + $23,753 related
- Filer's total
- $0 + $1,282,072 related
-
Philip BarrPHILIP BARR
EVP, PRESIDENT, MARKETS
- Total calculated
- $1,240,512
- From this org
- $0
- From related orgs
- $1,074,785
- Other
- $165,727
- Hours/week
- 2.5 + 47.5 related
Schedule J breakdown matched by us
- Base
- $0 + $672,923 related
- Bonus
- $0 + $400,000 related
- Other
- $0 + $1,862 related
- Deferred
- $0 + $155,398 related
- Nontaxable benefits
- $0 + $10,329 related
- Filer's total
- $0 + $1,240,512 related
-
Mark PorterMARK PORTER
SVP, CHIEF ACCOUNTING OFFICER
- Total calculated
- $1,206,500
- From this org
- $0
- From related orgs
- $1,045,332
- Other
- $161,168
- Hours/week
- 2.5 + 47.5 related
Schedule J breakdown matched by us
- Base
- $0 + $414,674 related
- Bonus
- $0 + $572,879 related
- Other
- $0 + $57,779 related
- Deferred
- $0 + $135,210 related
- Nontaxable benefits
- $0 + $25,958 related
- Filer's total
- $0 + $1,206,500 related
-
Tracey CarterTRACEY CARTER
SVP, CHIEF ACTUARY
- Total calculated
- $1,197,013
- From this org
- $0
- From related orgs
- $1,035,246
- Other
- $161,767
- Hours/week
- 2.5 + 47.5 related
Schedule J breakdown matched by us
- Base
- $0 + $467,132 related
- Bonus
- $0 + $470,007 related
- Other
- $0 + $98,107 related
- Deferred
- $0 + $141,791 related
- Nontaxable benefits
- $0 + $19,976 related
- Filer's total
- $0 + $1,197,013 related
-
Pete ChurchPETE CHURCH
CHIEF PEOPLE OFFICER
- Total calculated
- $1,183,165
- From this org
- $0
- From related orgs
- $1,013,577
- Other
- $169,588
- Hours/week
- 2.5 + 47.5 related
Schedule J breakdown matched by us
- Base
- $0 + $513,577 related
- Bonus
- $0 + $500,000 related
- Other
- $0
- Deferred
- $0 + $142,403 related
- Nontaxable benefits
- $0 + $27,185 related
- Filer's total
- $0 + $1,183,165 related
-
Kristin LewisKRISTIN LEWIS
FORMER OFFICER
- Total calculated
- $959,056
- From this org
- $0
- From related orgs
- $816,127
- Other
- $142,929
- Hours/week
- 2.5 + 47.5 related
Schedule J breakdown matched by us
- Base
- $0 + $397,792 related
- Bonus
- $0 + $350,765 related
- Other
- $0 + $67,570 related
- Deferred
- $0 + $122,986 related
- Nontaxable benefits
- $0 + $19,943 related
- Filer's total
- $0 + $959,056 related
-
Jean YangJEAN YANG
FORMER OFFICER
- Total calculated
- $765,650
- From this org
- $0
- From related orgs
- $711,295
- Other
- $54,355
- Hours/week
- 2.5 + 47.5 related
Schedule J breakdown matched by us
- Base
- $0 + $251,956 related
- Bonus
- $0 + $421,272 related
- Other
- $0 + $38,067 related
- Deferred
- $0 + $50,184 related
- Nontaxable benefits
- $0 + $4,171 related
- Filer's total
- $0 + $765,650 related
-
Patricia HowardPATRICIA HOWARD
CHIEF OPERATIONS OFFICER
- Total calculated
- $742,547
- From this org
- $0
- From related orgs
- $614,901
- Other
- $127,646
- Hours/week
- 2.5 + 47.5 related
Schedule J breakdown matched by us
- Base
- $0 + $610,822 related
- Bonus
- $0
- Other
- $0 + $4,079 related
- Deferred
- $0 + $107,283 related
- Nontaxable benefits
- $0 + $20,363 related
- Filer's total
- $0 + $742,547 related
-
Roland PriceROLAND PRICE
TREASURER
- Total calculated
- $652,120
- From this org
- $0
- From related orgs
- $541,488
- Other
- $110,632
- Hours/week
- 2.5 + 47.5 related
Schedule J breakdown matched by us
- Base
- $0 + $321,763 related
- Bonus
- $0 + $160,064 related
- Other
- $0 + $59,661 related
- Deferred
- $0 + $97,563 related
- Nontaxable benefits
- $0 + $13,069 related
- Filer's total
- $0 + $652,120 related
-
Susan KeeSUSAN KEE
FORMER ASST. CLERK
- Total calculated
- $589,334
- From this org
- $0
- From related orgs
- $528,322
- Other
- $61,012
- Hours/week
- 2.5 + 47.5 related
Schedule J breakdown matched by us
- Base
- $0 + $327,011 related
- Bonus
- $0 + $158,172 related
- Other
- $0 + $43,139 related
- Deferred
- $0 + $59,955 related
- Nontaxable benefits
- $0 + $1,057 related
- Filer's total
- $0 + $589,334 related
-
Marc SpoonerMARC SPOONER
FORMER COO
- Total calculated
- $499,935
- From this org
- $0
- From related orgs
- $499,935
- Other
- $0
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0 + $499,935 related
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $499,935 related
-
Joyce MurphyJOYCE MURPHY
DIRECTOR, CHAIR (END 6/7)
- Total calculated
- $89,000
- From this org
- $0
- From related orgs
- $89,000
- Other
- $0
- Hours/week
- 2 + 6 related
-
Eileen AuenEILEEN AUEN
DIRECTOR, CHAIR (START 6/7)
- Total calculated
- $77,625
- From this org
- $0
- From related orgs
- $77,625
- Other
- $0
- Hours/week
- 2 + 6 related
-
Michael J McColganMICHAEL J MCCOLGAN
DIRECTOR
- Total calculated
- $73,000
- From this org
- $0
- From related orgs
- $73,000
- Other
- $0
- Hours/week
- 1 + 3 related
-
Michael SheaMICHAEL SHEA
DIRECTOR
- Total calculated
- $71,500
- From this org
- $0
- From related orgs
- $71,500
- Other
- $0
- Hours/week
- 1 + 3 related
-
Gregory D TranterGREGORY D TRANTER
DIR, VICE CHAIR (VC END 6/7)
- Total calculated
- $68,500
- From this org
- $0
- From related orgs
- $68,500
- Other
- $0
- Hours/week
- 1 + 3 related
-
Hedwig Veith WhitneyHEDWIG VEITH WHITNEY
DIRECTOR
- Total calculated
- $68,500
- From this org
- $0
- From related orgs
- $68,500
- Other
- $0
- Hours/week
- 1 + 3 related
-
Myechia Minter-Jordan MDMYECHIA MINTER-JORDAN MD
DIRECTOR
- Total calculated
- $65,500
- From this org
- $0
- From related orgs
- $65,500
- Other
- $0
- Hours/week
- 1 + 3 related
-
Bertram L ScottBERTRAM L SCOTT
DIRECTOR
- Total calculated
- $62,375
- From this org
- $0
- From related orgs
- $62,375
- Other
- $0
- Hours/week
- 1 + 3 related
-
Todd WhitbeckTODD WHITBECK
DIRECTOR
- Total calculated
- $62,000
- From this org
- $0
- From related orgs
- $62,000
- Other
- $0
- Hours/week
- 1 + 3 related
-
Greg ShellGREG SHELL
DIR, VICE CHAIR (VC START 6/7)
- Total calculated
- $61,000
- From this org
- $0
- From related orgs
- $61,000
- Other
- $0
- Hours/week
- 1 + 3 related
-
Irina SimmonsIRINA SIMMONS
DIRECTOR
- Total calculated
- $60,000
- From this org
- $0
- From related orgs
- $60,000
- Other
- $0
- Hours/week
- 1 + 3 related
-
Raymond PawlickiRAYMOND PAWLICKI
DIRECTOR
- Total calculated
- $59,000
- From this org
- $0
- From related orgs
- $59,000
- Other
- $0
- Hours/week
- 1 + 3 related
-
Scott HartzSCOTT HARTZ
DIRECTOR (END 6/7)
- Total calculated
- $47,000
- From this org
- $0
- From related orgs
- $47,000
- Other
- $0
- Hours/week
- 1 + 3 related
-
Thomas O'Neill IIITHOMAS O'NEILL III
DIRECTOR (END 6/7)
- Total calculated
- $36,000
- From this org
- $0
- From related orgs
- $36,000
- Other
- $0
- Hours/week
- 1 + 3 related
-
Peter Slavin MDPETER SLAVIN MD
DIRECTOR (START 8/22)
- Total calculated
- $7,334
- From this org
- $0
- From related orgs
- $7,334
- Other
- $0
- Hours/week
- 1 + 3 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Tax indemnification and gross-up payments
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
- 9 · Followed the rebuttable-presumption procedure
Answered no
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
The filer's explanations (Part III)
- FORM 990, SCHEDULE J, PART I, LINE 1A
- GROSS-UP PAYMENTS THE CEO CAIN HAYES RECEIVED A GROSSED-UP SIGN-ON BONUS PAYMENT OF $35,938.93. THE TERMS OF THE PAYMENT PROVIDE FOR REPAYMENT IN FULL TO THE COMPANY IF THE CEO'S EMPLOYMENT WITH THE COMPANY ENDS FOR SPECIFIED REASONS PRIOR TO THE CEO'S THIRD ANNIVERSARY OF EMPLOYMENT. --------------------
- FORM 990, SCHEDULE J, PART I, LINE 4A
- SEVERANCE OR CHANGE IN CONTROL PAYMENTS THE FOLLOWING SENIOR LEADERS, WHO DEPARTED THE COMPANY FOLLOWING THE CLOSE OF THE TRANSACTION, RECEIVED SEVERANCE OR CHANGE IN CONTROL PAYMENTS RELATING TO THE COMBINATION OF HARVARD PILGRIM HEALTH CARE AND TUFTS HEALTH PLAN. THESE PAYMENTS WERE DESIGNED TO RETAIN LEADERS WITH SIGNIFICANT EXPERTISE IN KEY AREAS AND TO ENSURE CONTINUITY OF OPERATIONS FOR BOTH ORGANIZATIONS THROUGH A LENGTHY AND UNCERTAIN REGULATORY REVIEW PROCESS THAT SPANNED OVER A FIFTEEN MONTH PERIOD, AS WELL AS A GLOBAL PANDEMIC: MICHAEL CARSON = $1,126,000 DEREK ABRUZZESE = $1,088,000 --------------------
- FORM 990, SCHEDULE J, PART 1, LINE 4B
- DISCRETIONARY RETIREMENT PLAN THE ORGANIZATION'S LEADERS PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN SPONSORED BY THEIR EMPLOYER, POINT32HEALTH SERVICES, INC., A RELATED PARTY. THE EMPLOYEES AND AMOUNTS LISTED ON SCHEDULE J, PART II, COLUMN C REFLECT EMPLOYER CONTRIBUTIONS TO THE SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. --------------------
- FORM 990, SCHEDULE J, PART 1, LINE 7
- DESCRIPTION OF NONFIXED PAYMENTS ALL EMPLOYEE COMPENSATION FOR POINT32HEALTH, INC. IS PAID BY A RELATED ORGANIZATION, POINT32HEALTH SERVICES, INC. LONG-TERM INCENTIVE PLAN A LONG-TERM INCENTIVE (LTI) PLAN WAS ESTABLISHED FOR CERTAIN SENIOR LEADERS DESIGNED TO RECOGNIZE AND REWARD SIGNIFICANT ACHIEVEMENTS THAT HAVE CONTRIBUTED TO THE ORGANIZATION'S LONG-TERM STRATEGIC GOALS AND ITS FULFILLMENT OF ITS MISSION BASED ON A VARIETY OF LONG-TERM PERFORMANCE MEASURES FOR A SPECIFIED PERFORMANCE PERIOD. THE LTI PAYMENTS REPORTED IN SCHEDULE J, PART II, COLUMN B(ii) ARE BASED ON THE RESULTS OF THE ORGANIZATION'S LTI PLAN FOR THE PERFORMANCE PERIOD THAT PAID IN 2022. SHORT-TERM INCENTIVE PLAN AN ANNUAL SHORT-TERM INCENTIVE (STI) PLAN WAS ESTABLISHED TO RECOGNIZE AND REWARD PARTICIPANTS BASED ON ACHIEVING SPECIFIED ORGANIZATION AND INDIVIDUAL ANNUAL PERFORMANCE MEASURES. THE PAYMENTS REPORTED IN SCHEDULE J, PART II, COLUMN B(ii) ARE BASED ON THE RESULTS OF THE ORGANIZATION'S STI PLAN FOR THE PERFORMANCE PERIOD THAT PAID IN 2022. OTHER PAYMENTS RETENTION AND OTHER COMBINATION-RELATED PAYMENTS WERE PROVIDED TO SPECIFIC EMPLOYEES WITH EXPERTISE IN KEY AREAS TO RECOGNIZE WORK ON THE COMBINATION AND TO MAINTAIN LEADERSHIP STABILITY AND CONTINUITY OF OPERATIONS FOR BOTH ORGANIZATIONS THROUGHOUT THE LENGTHY AND UNCERTAIN REGULATORY REVIEW PROCESS RELATED TO THE COMBINATION OF HARVARD PILGRIM HEALTH CARE AND TUFTS HEALTH PLAN THAT SPANNED OVER A FIFTEEN MONTH PERIOD, AS WELL AS A GLOBAL PANDEMIC. ----------
- FORM 990, SCHEDULE J, PART 1, LINE 8
- INITIAL CONTRACT ALL EMPLOYEE COMPENSATION FOR POINT32HEALTH, INC. IS PAID BY A RELATED ORGANIZATION, POINT32HEALTH SERVICES, INC. THE CEO, CAIN HAYES, WAS SERVING UNDER HIS INITIAL CONTRACT WITH A RELATED ORGANIZATION TO THE FILING ORGANIZATION. --------------------
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · COMMUNITY SVC · MA · controlled entity
Directly controlled by HPHCINC
-
501(C)(4) · HEALTH INS. · MA · controlled entity
Directly controlled by HPHCINC
-
501 (C)(3) · GRANT MAKING · MA · controlled entity
Directly controlled by TAHMO
-
501(C)(4) · HMO · MA · controlled entity
Directly controlled by P32H
-
CARE PARTNERS OF CONNECTICUT INC
501(C)(4) · HMO · CT · controlled entity
Directly controlled by TAHMO
-
TUFTS ASSOC HEALTH MAINTEN ORG INC
501(C)(4) · HMO · MA · controlled entity
Directly controlled by P32H
-
501(C)(3) · HEALTH INS. · MA · controlled entity
Directly controlled by P32H
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
CAREPARTNERS OF CT HOLDINGS LLC
N/A · HOLDING COMPANY · CT
Directly controlled by TAHMO
-
CLARION MANAGEMENT SOLUTIONS LLC
N/A · CLINICAL CONSULTG · DE
Directly controlled by EH NEXUS
-
EMPLOYERS HEALTH NEXUS LLC
N/A · HOLDING COMPANY · MA
Directly controlled by HEALTH PLANS
-
EMPLOYERS HEALTH NETWORK LLC
N/A · SELF INSURANCE · DE
Directly controlled by EH NEXUS
-
KP VENTURES LLC SERIES B
N/A · HEALTHCARE · CA
Directly controlled by TAHMO
-
KP VENTURES LLC SERIES D
N/A · HEALTHCARE · CA
Directly controlled by TAHMO
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
HPHC INSURANCE COMPANY INC
C CORP · HEALTH INSURANCE · MA · controlled entity
Directly controlled by NEW HPHC HOLDCO
-
PLAN MARKETING INSURANCE AGENCY INC
C CORP · BROKERAGE · MA · controlled entity
Directly controlled by HEALTH PLANS
-
HPHC INSURANCE AGENCY INC
C CORP · BROKERAGE · MA · controlled entity
Directly controlled by NEW HPHC HOLDCO
-
HEALTH PLANS INC
C CORP · TPA · MA · controlled entity
Directly controlled by NEW HPHC HOLDCO
-
CARE MANAGEMENT SERVICES INC
C CORP · CARE MANAGEMENT · MA · controlled entity
Directly controlled by HEALTH PLANS
-
NEW HPHC HOLDING CORPORATION
C CORP · HOLDING COMPANY · DE · controlled entity
Directly controlled by HPHC INC
-
POINT32HEALTH SERVICES INC
C CORP · MANAGEMENT SVC · DE · controlled entity
Directly controlled by TAHMO
-
TUFTS INSURANCE COMPANY
C CORP · INSURANCE · MA · controlled entity
Directly controlled by P32H SRVCS
-
TUFTS BENEFIT ADMINISTRATORS INC
C CORP · TPA · MA · controlled entity
Directly controlled by P32H SRVCS
-
TOTAL HEALTH PLAN INC
C CORP · TPA · MA · controlled entity
Directly controlled by P32H SRVCS
-
TAHP BROKERAGE CORPORATION
C CORP · BROKERAGE · MA · controlled entity
Directly controlled by P32H SRVCS
-
INTEGRA PARTNERS HOLDINGS INC
C CORP · MED EQUP & SUPPLY · NY · controlled entity
Directly controlled by TAHMO
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 12 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343199349305139
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