Form 990 for tax year 2023
Filed by CAREPARTNERS OF CONNECTICUT INC.
Totals
- Total revenue
- $56,007,337
- Total expenses
- $71,549,704
- Contributions and grants received
- $0
- Grants paid
- $2,500
- Program service revenue
- $55,187,551
- Investment income
- $819,786
- Other revenue
- $0
- Total assets, end of year
- $23,505,643
- Total liabilities, end of year
- $14,615,839
- Net assets or fund balances, end of year
- $8,889,804
- Program services expenses (Part IX)
- $54,292,681
- Management and general expenses
- $17,257,023
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $54,292,681
Program services were 75.9% 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.
-
2a · Program service revenue: MEDICARE PREMIUMS
total $55,187,551 · related or exempt $55,187,551 · unrelated business $0 · excluded $0
-
3 · Investment income
total $819,786 · related or exempt $0 · unrelated business $0 · excluded $819,786
-
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
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,500 · program services $2,500
-
2 · Grants to domestic individuals
total $0 · program services $0
-
3 · Grants to foreign organizations and individuals
total $0 · program services $0
-
4 · Benefits paid to or for members
total $54,290,181 · program services $54,290,181
-
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 $13,608,795 · program services $0 · management and general $13,608,795 · fundraising $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 $0
-
11g · Fees: other
total $97,312 · program services $0 · management and general $97,312 · fundraising $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $94,846 · program services $0 · management and general $94,846 · fundraising $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $26,025 · program services $0 · management and general $26,025 · fundraising $0
-
23 · Insurance
total $0
-
24a · Other expenses: PREMIUM BROKER FEE
total $1,372,611 · program services $0 · management and general $1,372,611 · fundraising $0
-
24b · Other expenses: PREMIUM DEFICIENCY
total $1,319,000 · program services $0 · management and general $1,319,000 · fundraising $0
-
24c · Other expenses: COB FEES
total $279,513 · program services $0 · management and general $279,513 · fundraising $0
-
24d · Other expenses: OTHER TAXES & FEES
total $89,937 · program services $0 · management and general $89,937 · fundraising $0
-
24e · All other expenses
total $368,984 · management and general $368,984
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $683,361 · end of year $616,111
-
2 · Savings and temporary cash investments
beginning of year $13,035,775 · end of year $8,379,304
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $982,940 · end of year $4,747,652
-
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 $5,486,334 · end of year $5,507,598
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $3,443,414 · end of year $4,254,978
-
17 · Accounts payable and accrued expenses
beginning of year $1,573,946 · end of year $861,806
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $8,879 · end of year $5,779
-
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 $13,370,429 · end of year $13,748,254
-
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 $8,678,570 · end of year $8,889,804
Mission and programs · 2023
Mission
AS DESCRIBED IN FURTHER DETAIL IN PART I, LINE I, CPCT IS A CONNECTICUT HEALTH CARE CENTER* (HMO) ESTABLISHED FOR THE PURPOSE OF ARRANGING FOR THE DELIVERY OF COMPREHENSIVE HEALTH CARE SERVICES, ON A PREPAID BASIS, TO SUBSCRIBING INDIVIDUALS AND GROUPS. CPCT'S AIM IS TO IMPROVE THE HEALTH AND WELLNESS OF THE COMMUNITIES IT SERVES BY ARRANGING FOR THE PROVISION OF COMPREHENSIVE HEALTH CARE SERVICES, INCLUDING PROVIDING COMMUNITY OUTREACH AND EDUCATION AND COORDINATING CARE TO ENSURE THAT THOSE WITH THE MOST CHALLENGING HEALTH NEEDS ARE BEST ABLE TO ACCESS THE CARE THEY NEED. CPCT AIMS TO IMPROVE THE LIVES OF OLDER CONNECTICUT RESIDENTS PRIMARILY THROUGH MANAGED CARE MEDICARE ADVANTAGE PROGRAMS WITH INTEGRATED, COORDINATED MEDICAL AND BEHAVIORAL HEALTH CARE FOR RESIDENTS OF THE STATE OF CONNECTICUT THAT ARE ELIGIBLE FOR MEDICARE (TYPICALLY THOSE THAT ARE AGE 65 OR OLDER). *IN CONNECTICUT, "HEALTH CARE CENTER" IS THE TERM USED TO DESCRIBE HEALTH MAINTENANCE ORGANIZATIONS.
Activities or mission (Part I)
CAREPARTNERS OF CONNECTICUT, INC. (CPCT) WAS CREATED AS A NOT-FOR-PROFIT CONNECTICUT CORPORATION LICENSED AS A HEALTH CARE CENTER (HMO) IN CONNECTICUT (SEE SCHEDULE O)
-
CPCT'S MEDICARE ADVANTAGE PLAN OFFERINGS ARE THE ORGANIZATION'S ONLY PROGRAM SERVICES PROVIDED IN 2023. CPCT FIRST ENROLLED SUBSCRIBERS FOR PLANS EFFECTIVE JANUARY 1, 2019. CPCT AND ITS AFFILIATES HAVE CONTRACTED WITH THOUSANDS OF PRIMARY CARE PHYSICIANS, SPECIALISTS, HOSPITALS AND COMMUNITY ORGANIZATIONS THROUGHOUT CONNECTICUT AND CURRENTLY OFFERS HEALTH COVERAGE IN HARTFORD, LITCHFIELD, NEW HAVEN, NEW LONDON, TOLLAND AND WINDHAM COUNTRIES. CPCT HAS DEVELOPED PROGRAMS TO INCREASE ACCESS TO CARE AND IMPROVE THE COORDINATION OF CARE FOR THOSE WHO NEED IT MOST. IN THE CASE OF MEDICARE ADVANTAGE MEMBERS, THOSE WITH CHRONIC CONDITIONS SUCH AS DIABETES, CHRONIC OBSTRUCTIVE PULMONARY DISORDER AND HEART FAILURE. CPCT PROVIDES HEALTH EDUCATION AND PROMOTION, COACHING, COMPLEX HEALTH ASSISTANCE, CONNECTION TO SOCIAL SERVICES AND PROGRAMS, COORDINATION OF ADDITIONAL SERVICES SUCH AS HOME CARE, AND CAREGIVER ASSISTANCE AND SUPPORT, FORMULATED TO TAKE ACCOUNT OF THE HEALTH RISKS AND CHALLENGES THAT PARTICULARLY AFFECTS SENIORS.
Expenses $54,292,681 · Grants $2,500 · Revenue $55,187,551
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Adam ScottADAM SCOTT
DIRECTOR (END 12/18)
- Total calculated
- $1,286,576
- From this org
- $0
- From related orgs
- $1,128,782
- Other
- $157,794
- Hours/week
- 2.5 + 47.5 related
Schedule J breakdown matched by us
- Base
- $0 + $421,993 related
- Bonus
- $0 + $668,969 related
- Other
- $0 + $37,820 related
- Deferred
- $0 + $129,676 related
- Nontaxable benefits
- $0 + $28,118 related
- Filer's total
- $0 + $1,286,576 related
-
Mark PorterMARK PORTER
TREASURER (START 10/12)
- Total calculated
- $1,222,453
- From this org
- $0
- From related orgs
- $1,055,628
- Other
- $166,825
- Hours/week
- 2.5 + 47.5 related
Schedule J breakdown matched by us
- Base
- $0 + $421,133 related
- Bonus
- $0 + $589,288 related
- Other
- $0 + $45,207 related
- Deferred
- $0 + $139,911 related
- Nontaxable benefits
- $0 + $26,914 related
- Filer's total
- $0 + $1,222,453 related
-
Patricia BlakePATRICIA BLAKE
DIRECTOR (END 12/18)
- Total calculated
- $1,211,996
- From this org
- $0
- From related orgs
- $1,051,263
- Other
- $160,733
- Hours/week
- 10 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $432,426 related
- Bonus
- $0 + $523,929 related
- Other
- $0 + $94,908 related
- Deferred
- $0 + $132,631 related
- Nontaxable benefits
- $0 + $28,102 related
- Filer's total
- $0 + $1,211,996 related
-
R Scott WalkerR SCOTT WALKER
DIRECTOR (START 12/19)
- Total calculated
- $845,896
- From this org
- $0
- From related orgs
- $727,951
- Other
- $117,945
- Hours/week
- 2.5 + 47.5 related
Schedule J breakdown matched by us
- Base
- $0 + $326,498 related
- Bonus
- $0 + $400,000 related
- Other
- $0 + $1,453 related
- Deferred
- $0 + $104,073 related
- Nontaxable benefits
- $0 + $13,872 related
- Filer's total
- $0 + $845,896 related
-
Roland PriceROLAND PRICE
TREASURER (END 10/11)
- Total calculated
- $675,379
- From this org
- $0
- From related orgs
- $596,123
- Other
- $79,256
- Hours/week
- 2.5 + 47.5 related
Schedule J breakdown matched by us
- Base
- $0 + $275,979 related
- Bonus
- $0 + $287,901 related
- Other
- $0 + $32,243 related
- Deferred
- $0 + $64,858 related
- Nontaxable benefits
- $0 + $14,398 related
- Filer's total
- $0 + $675,379 related
-
Marla PantanoMARLA PANTANO
PRESIDENT, CAREPARTNERS OF CT
- Total calculated
- $619,009
- From this org
- $0
- From related orgs
- $567,318
- Other
- $51,691
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $0 + $381,336 related
- Bonus
- $0 + $183,208 related
- Other
- $0 + $2,774 related
- Deferred
- $0 + $50,809 related
- Nontaxable benefits
- $0 + $882 related
- Filer's total
- $0 + $619,009 related
-
Paul BernsteinPAUL BERNSTEIN
DIRECTOR, PROGRAM MANAGEMENT
- Total calculated
- $308,226
- From this org
- $0
- From related orgs
- $260,986
- Other
- $47,240
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $0 + $202,831 related
- Bonus
- $0 + $57,168 related
- Other
- $0 + $987 related
- Deferred
- $0 + $47,115 related
- Nontaxable benefits
- $0 + $125 related
- Filer's total
- $0 + $308,226 related
-
Jesse MejiaJESSE MEJIA
DIRECTOR, SALES
- Total calculated
- $251,693
- From this org
- $0
- From related orgs
- $218,525
- Other
- $33,168
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $0 + $158,907 related
- Bonus
- $0 + $58,958 related
- Other
- $0 + $660 related
- Deferred
- $0 + $32,193 related
- Nontaxable benefits
- $0 + $975 related
- Filer's total
- $0 + $251,693 related
-
Nicole CornellNICOLE CORNELL
DIRECTOR, INT CARE MGMT STGY
- Total calculated
- $243,848
- From this org
- $0
- From related orgs
- $194,842
- Other
- $49,006
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $0 + $168,670 related
- Bonus
- $0 + $25,389 related
- Other
- $0 + $783 related
- Deferred
- $0 + $21,394 related
- Nontaxable benefits
- $0 + $27,612 related
- Filer's total
- $0 + $243,848 related
-
Lynne OlsonLYNNE OLSON
SR. MANAGER, MARKETING
- Total calculated
- $193,661
- From this org
- $0
- From related orgs
- $164,666
- Other
- $28,995
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $0 + $149,268 related
- Bonus
- $0 + $15,113 related
- Other
- $0 + $285 related
- Deferred
- $0 + $21,628 related
- Nontaxable benefits
- $0 + $7,367 related
- Filer's total
- $0 + $193,661 related
-
Maureen NeillyMAUREEN NEILLY
SENIOR CARE MANAGER - NURSING
- Total calculated
- $151,910
- From this org
- $0
- From related orgs
- $133,328
- Other
- $18,582
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $0 + $120,743 related
- Bonus
- $0 + $12,012 related
- Other
- $0 + $573 related
- Deferred
- $0 + $17,265 related
- Nontaxable benefits
- $0 + $1,317 related
- Filer's total
- $0 + $151,910 related
-
Urcel FieldsURCEL FIELDS
DIRECTOR (START 12/19)
- Total calculated
- $82,561
- From this org
- $0
- From related orgs
- $72,561
- Other
- $10,000
- Hours/week
- 7.5 + 42.5 related
-
John DillawayJOHN DILLAWAY
DIRECTOR
- Total calculated
- $28,500
- From this org
- $28,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Debra HayesDEBRA HAYES
DIRECTOR & SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Chibueze Okey AgbaCHIBUEZE OKEY AGBA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- FORM 990, SCHEDULE J, PART I, LINE 3
- METHOD USED TO ESTABLISH CEO COMPENSATION CAREPARTNERS OF CONNECTICUT, INC. RELIES ON A RELATED ORGANIZATION TO ESTABLISH COMPENSATION FOR ITS CEO. THE METHODS USED ARE AS FOLLOWS: -COMPENSATION COMMITTEE -INDEPENDENT COMPENSATION CONSULTANT -COMPENSATION SURVEY OR STUDY -APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE -WRITTEN EMPLOYMENT AGREEMENT ----------
- FORM 990, SCHEDULE J, PART I, 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. ----------
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)(4) · HEALTH INSURA · 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
-
501(C)(4) · HEALTHCARE · MA
Directly controlled by NA
-
TUFTS ASSOC HEALTH MAINTEN ORG INC
501(C)(4) · HMO · MA · controlled entity
Directly controlled by P32H
-
501(C)(3) · HEALTH INSURA · 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
-
EMPLOYERS HEALTH NEXUS LLC
N/A · SELF INSURANCE · DE
Directly controlled by POINT32HEALTH
-
EMPLOYERS HEALTH NETWORK LLC
N/A · DEVELPMNT CONSULT · DE
Directly controlled by POINT32HEALTH
-
CLARION MANAGEMENT SOLUTIONS LLC
N/A · PARENT COMPANY · MA
Directly controlled by POINT32HEALTH
-
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 SVCS · 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 EQUIPT & SVCS · NY · controlled entity
Directly controlled by TAHMO
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403209349304755
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