Skip to content
Nonprofiteer
← DENVER HEALTH MEDICAL PLAN INC

Form 990 for tax year 2024

Filed by DENVER HEALTH MEDICAL PLAN INC.

Totals

Total revenue
$536,017,809
Total expenses
$591,954,933
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$528,320,423
Investment income
$753,639
Other revenue
$6,943,747
Total assets, end of year
$89,049,995
Total liabilities, end of year
$98,604,755
Net assets or fund balances, end of year
-$9,554,760
Program services expenses (Part IX)
$565,857,237
Management and general expenses
$26,097,696
Fundraising expenses
$0
Program service expenses (Part III)
$565,857,237

Program services were 95.6% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $0

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: PREMIUMS REVENUE

    total $528,320,423 · related or exempt $528,320,423 · unrelated business $0 · excluded $0

  • 2b · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2c · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2d · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2e · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $1,833,537 · related or exempt $0 · unrelated business $0 · excluded $1,833,537

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $0 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 7a · Gross sales of assets other than inventory

    securities $35,747,985 · other assets $0

  • 7b · Less cost or other basis and sales expenses

    securities $36,827,883 · other assets $0

  • 7c · Gain or loss

    securities -$1,079,898 · other assets $0

  • 7d · Net gain or loss

    total -$1,079,898 · related or exempt $0 · unrelated business $0 · excluded -$1,079,898

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11a · Other revenue: ADMINISTRATIVE SERVICES REVENUE

    total $6,943,747 · related or exempt $6,943,747 · unrelated business $0 · excluded $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $6,943,747

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $428,191,098 · program services $428,191,098

  • 5 · Compensation of officers, directors and key employees

    total $1,098,706 · program services $988,835 · management and general $109,871

  • 7 · Other salaries and wages

    total $32,488,518 · program services $29,239,667 · management and general $3,248,851

  • 11b · Fees: legal

    total $1,667,275 · management and general $1,667,275

  • 11c · Fees: accounting

    total $2,479,624 · management and general $2,479,624

  • 11g · Fees: other

    total $16,572,812 · program services $8,262,523 · management and general $8,310,289 · fundraising $0

  • 12 · Advertising and promotion

    total $149,498 · program services $149,498

  • 13 · Office expenses

    total $1,648,895 · management and general $1,648,895

  • 14 · Information technology

    total $7,973,420 · program services $4,404,400 · management and general $3,569,020

  • 16 · Occupancy

    total $99,149 · management and general $99,149

  • 17 · Travel

    total $1,857 · management and general $1,857

  • 22 · Depreciation, depletion and amortization

    total $333,000 · management and general $333,000

  • 23 · Insurance

    total $65,816 · management and general $65,816

  • 24a · Other expenses: REINSURANCE

    total $94,615,161 · program services $94,615,161

  • 24b · Other expenses: Bad Debt Expense

    total $6,055 · program services $6,055

  • 24c · Other expenses: OTHER

    total $4,564,049 · management and general $4,564,049

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $13,241,509 · end of year $637,658

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $59,594,048 · end of year $66,611,046

  • 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 $1,913,774 · end of year $1,669,007

  • 10a · Land, buildings and equipment: cost or other basis

    $6,005,289

  • 10b · Land, buildings and equipment: accumulated depreciation

    $5,455,286

  • 10c · Land, buildings and equipment, net

    beginning of year $277,647 · end of year $550,003

  • 11 · Investments: publicly traded securities

    beginning of year $56,985,277 · end of year $19,390,870

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $584,444 · end of year $191,411

  • 17 · Accounts payable and accrued expenses

    beginning of year $78,146,209 · end of year $76,318,152

  • 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 $9,450,797 · end of year $22,286,603

  • 27 · Net assets without donor restrictions

    beginning of year $44,999,693 · end of year -$9,554,760

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

To Provide all in our community with access to the highest quality health care regardless of ability to pay. To educate the next generation of health care professionals serving our community. And to engage in research and community partnerships to better deliver the health care needs of our patients.

  • THE DENVER HEALTH MEDICAL PLAN, INC. IS ORGANIZED AS AN HMO UNDER THE LAWS OF THE STATE OF COLORADO TO PROVIDE MANAGED CARE SERVICES THAT DELIVER QUALITY, ACCESSIBLE, AND AFFORDABLE HEALTH CARE SERVICES.

    Expenses $565,857,237 · Revenue $535,264,170

As filed on the 2024 return.

Listed in Part VII

  • Don Fowler

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Enid A Wade

    SECRETARY

    Total calculated
    $530,690
    From this org
    $0
    From related orgs
    $462,458
    Other
    $68,232
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $460,392 related
    Bonus
    $0
    Other
    $0 + $2,066 related
    Deferred
    $0 + $43,486 related
    Nontaxable benefits
    $0 + $24,746 related
    Filer's total
    $0 + $530,690 related

  • Helen Atkeson

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Rick Newsome

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Donna Lynne

    BOARD MEMBER

    Total calculated
    $1,312,586
    From this org
    $0
    From related orgs
    $1,255,362
    Other
    $57,224
    Hours/week
    1 + 41 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,240,673 related
    Bonus
    $0
    Other
    $0 + $14,689 related
    Deferred
    $0 + $47,889 related
    Nontaxable benefits
    $0 + $9,335 related
    Filer's total
    $0 + $1,312,586 related

  • Kelli Ogunsanya

    BOARD MEMBER (BEGIN 02/2024)

    Total calculated
    $0
    Hours/week
    1

  • Len Dryer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Liz Kah

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Rebecca Hanratty

    BOARD MEMBER

    Total calculated
    $415,157
    From this org
    $0
    From related orgs
    $336,691
    Other
    $78,466
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $335,926 related
    Bonus
    $0
    Other
    $0 + $765 related
    Deferred
    $0 + $48,873 related
    Nontaxable benefits
    $0 + $29,593 related
    Filer's total
    $0 + $415,157 related

  • Rus Heise

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Simon HAMBRIDGE

    BOARD MEMBER

    Total calculated
    $385,919
    From this org
    $0
    From related orgs
    $289,204
    Other
    $96,715
    Hours/week
    1 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $286,930 related
    Bonus
    $0
    Other
    $0 + $2,274 related
    Deferred
    $0 + $86,600 related
    Nontaxable benefits
    $0 + $10,115 related
    Filer's total
    $0 + $385,919 related

  • Ansar Hassan

    DHMP CFO (BEGIN 10/2024)

    Total calculated
    $395,308
    From this org
    $0
    From related orgs
    $312,005
    Other
    $83,303
    Hours/week
    38 + 4 related

    Schedule J breakdown matched by us

    Base
    $0 + $286,748 related
    Bonus
    $0 + $25,000 related
    Other
    $0 + $257 related
    Deferred
    $0 + $48,686 related
    Nontaxable benefits
    $0 + $34,617 related
    Filer's total
    $0 + $395,308 related

  • Christine Seals

    MEDICAL DIRECTOR

    Total calculated
    $398,749
    From this org
    $0
    From related orgs
    $324,673
    Other
    $74,076
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $311,539 related
    Bonus
    $0
    Other
    $0 + $13,134 related
    Deferred
    $0 + $48,873 related
    Nontaxable benefits
    $0 + $25,203 related
    Filer's total
    $0 + $398,749 related

  • Gregory McCarthy

    CEO

    Total calculated
    $473,701
    From this org
    $0
    From related orgs
    $407,466
    Other
    $66,235
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $405,733 related
    Bonus
    $0
    Other
    $0 + $1,733 related
    Deferred
    $0 + $48,274 related
    Nontaxable benefits
    $0 + $17,961 related
    Filer's total
    $0 + $473,701 related

  • Joseph Caldwell

    DHMP CFO (END 11/2024)

    Total calculated
    $285,410
    From this org
    $0
    From related orgs
    $232,233
    Other
    $53,177
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $231,982 related
    Bonus
    $0
    Other
    $0 + $251 related
    Deferred
    $0 + $36,923 related
    Nontaxable benefits
    $0 + $16,254 related
    Filer's total
    $0 + $285,410 related

  • Michael Wagner

    CHIEF ADMINISTRATIVE OFFICER

    Total calculated
    $273,711
    From this org
    $0
    From related orgs
    $224,196
    Other
    $49,515
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $223,856 related
    Bonus
    $0
    Other
    $0 + $340 related
    Deferred
    $0 + $35,078 related
    Nontaxable benefits
    $0 + $14,437 related
    Filer's total
    $0 + $273,711 related

  • Bryant Wiltrout

    DIR, IT SYSTEMS

    Total calculated
    $233,128
    From this org
    $0
    From related orgs
    $187,677
    Other
    $45,451
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $187,267 related
    Bonus
    $0
    Other
    $0 + $410 related
    Deferred
    $0 + $27,049 related
    Nontaxable benefits
    $0 + $18,402 related
    Filer's total
    $0 + $233,128 related

  • Darla Schmidt

    SR DIR HEALTH PLAN UTILIZATION MGMT

    Total calculated
    $207,901
    From this org
    $0
    From related orgs
    $177,879
    Other
    $30,022
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $177,506 related
    Bonus
    $0
    Other
    $0 + $373 related
    Deferred
    $0 + $29,247 related
    Nontaxable benefits
    $0 + $775 related
    Filer's total
    $0 + $207,901 related

  • Lucas Wilson

    ASSOCIATE COO

    Total calculated
    $266,617
    From this org
    $0
    From related orgs
    $207,619
    Other
    $58,998
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $207,313 related
    Bonus
    $0
    Other
    $0 + $306 related
    Deferred
    $0 + $34,252 related
    Nontaxable benefits
    $0 + $24,746 related
    Filer's total
    $0 + $266,617 related

  • Rebecca Stob

    DIR, ACTUARIAL SERVICES

    Total calculated
    $240,710
    From this org
    $0
    From related orgs
    $206,651
    Other
    $34,059
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $206,452 related
    Bonus
    $0
    Other
    $0 + $199 related
    Deferred
    $0 + $33,140 related
    Nontaxable benefits
    $0 + $919 related
    Filer's total
    $0 + $240,710 related

  • Ruie Winters

    SR DIR HEALTH OUTCOMES, PHARMACY, MANAGED CARE

    Total calculated
    $233,358
    From this org
    $0
    From related orgs
    $200,922
    Other
    $32,436
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $200,481 related
    Bonus
    $0
    Other
    $0 + $441 related
    Deferred
    $0 + $30,940 related
    Nontaxable benefits
    $0 + $1,496 related
    Filer's total
    $0 + $233,358 related

  • Norma Stiglich

    FORMER MEDICAL DIRECTOR

    Total calculated
    $196,066
    From this org
    $0
    From related orgs
    $147,788
    Other
    $48,278
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $143,412 related
    Bonus
    $0
    Other
    $0 + $4,376 related
    Deferred
    $0 + $16,172 related
    Nontaxable benefits
    $0 + $32,106 related
    Filer's total
    $0 + $196,066 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

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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
  • 7 · Other non-fixed payments

The filer's explanations (Part III)

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
NONQUALIFIED RETIREMENT PLANS: CERTAIN DENVER HEALTH AND HOSPITAL AUTHORITY EMPLOYEES SERVING AS BOARD MEMBERS AND/OR OFFICERS OF DENVER HEALTH MEDICAL PLAN PARTICIPATE IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN WITH DENVER HEALTH AND HOSPITAL AUTHORITY. THE FOLLOWING PERSON REPORTED THE FOLLOWING AMOUNTS AS INCLUDIBLE IN INCOME UNDER THIS PLAN. * GREGORY MCCARTHY - $42,480
Schedule J, Part I, Line 3 DETERMINATION OF CEO COMPENSATION:
COMPENSATION IS PAID BY A RELATED ORGANIZATION, DENVER HEALTH AND HOSPITAL AUTHORITY. PLEASE SEE SCHEDULE O FOR DISCLOSURE ON HOW CEO COMPENSATION IS ESTABLISHED.

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.

  • DENVER HEALTH AND HOSPITAL AUTHORITY

    501(c)(1) · GOVT HOSPITAL · CO

  • 550 ACOMA

    501(c)(3) · FINANCING · CO

    Directly controlled by DHHA

  • ROCKY MOUNTAIN DRUG SAFETY

    501(c)(3) · DATA ANALYSIS · CO

    Directly controlled by DHHA

  • CANADIAN CONSUMER PRODUCT AND PHARMACEUT

    PHARMACY OPS

    Directly controlled by RMDS

  • DHHA OMC QUALICAB INC

    501(c)(3) · EQUIP. LEASE · CO

    Directly controlled by DHHA

Provenance

Return type
form_990
Tax year
2024
Filed
27 October 2025
IRS schema version
2024v5.1
Source object
202523009349300712

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.