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Nonprofiteer
← DENVER HEALTH MEDICAL PLAN INC

Form 990 for tax year 2022

Filed by DENVER HEALTH MEDICAL PLAN INC.

Totals

Total revenue
$547,037,392
Total expenses
$547,995,656
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$545,703,083
Investment income
$1,334,309
Other revenue
$0
Total assets, end of year
$122,265,011
Total liabilities, end of year
$85,284,270
Net assets or fund balances, end of year
$36,980,741
Program services expenses (Part IX)
$525,677,881
Management and general expenses
$22,317,775
Fundraising expenses
$0
Program service expenses (Part III)
$525,677,881

Program services were 95.9% 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: PREMIUMS REVENUE

    total $545,703,083 · related or exempt $545,703,083

  • 3 · Investment income

    total $1,323,488 · excluded $1,323,488

  • 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

  • 7a · Gross sales of assets other than inventory

    securities $5,817,346

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

    securities $5,806,525

  • 7c · Gain or loss

    securities $10,821

  • 7d · Net gain or loss

    total $10,821 · excluded $10,821

  • 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 $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $427,901,049 · program services $427,901,049

  • 5 · Compensation of officers, directors and key employees

    total $148,608 · management and general $148,608

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $20,866,384 · program services $18,913,493 · management and general $1,952,891

  • 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 $1,960,768 · management and general $1,960,768

  • 11c · Fees: accounting

    total $2,837,872 · management and general $2,837,872

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $5,688,795 · program services $1,733,823 · management and general $3,954,972

  • 12 · Advertising and promotion

    total $463,916 · program services $463,916

  • 13 · Office expenses

    total $1,088,363 · management and general $1,088,363

  • 14 · Information technology

    total $4,937,716 · program services $1,375,025 · management and general $3,562,691

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $1,168,358 · management and general $1,168,358

  • 17 · Travel

    total $4,701 · management and general $4,701

  • 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 $1,229,654 · management and general $1,229,654

  • 23 · Insurance

    total $84,002 · management and general $84,002

  • 24a · Other expenses: REINSURANCE

    total $75,290,575 · program services $75,290,575

  • 24b · Other expenses: OTHER

    total $4,324,895 · management and general $4,324,895 · 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 $8,246,731 · end of year $2,449,920

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $32,817,421 · end of year $48,469,505

  • 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 $1,413,072 · end of year $10,668,582

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

    $5,330,761

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

    $4,527,492

  • 10c · Land, buildings and equipment, net

    beginning of year $1,700,201 · end of year $803,269

  • 11 · Investments: publicly traded securities

    beginning of year $38,860,381 · end of year $59,408,737

  • 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 $293,303 · end of year $464,998

  • 17 · Accounts payable and accrued expenses

    beginning of year $38,135,238 · end of year $79,084,652

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $927,748 · 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 $2,690,580 · end of year $6,199,618

  • 27 · Net assets without donor restrictions

    beginning of year $41,577,543 · end of year $36,980,741

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2022

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE AFFORDABLE, HIGH QUALITY HEALTHCARE COVERAGE FOR ALL, IN PARTNERSHIP WITH DENVER HEALTH. IN PARTNERSHIP WITH OUR PROVIDERS WE CONTINUALLY SEEK TO IMPROVE THE HEALTH AND WELLBEING OF OUR MEMBERS BY: PROMOTING WELLNESS AND DISEASE PREVENTION, PROVIDING ACCESS TO CULTURALLY DIVERSE COMPREHENSIVE HEALTH SERVICES, ENABLING MEMBERS TO PLAY AN ACTIVE ROLE IN THEIR HEALTH CARE, DELIVERING OUR SERVICES WITH RESPONSIBILITY AND RESPECT TO ALL.

Activities or mission (Part I)

THE ORGANIZATION'S MISSION IS TO PROVIDE AFFORDABLE, HIGH QUALITY HEALTHCARE COVERAGE FOR ALL, IN PARTNERSHIP WITH DENVER HEALTH. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.

  • 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 $525,677,881 · Revenue $545,703,083

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Faraz Khan

    TREASURER

    Total calculated
    $727,116
    From this org
    $0
    From related orgs
    $690,368
    Other
    $36,748
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $540,346 related
    Bonus
    not reported + $144,875 related
    Other
    not reported + $5,147 related
    Deferred
    not reported + $24,235 related
    Nontaxable benefits
    not reported + $12,513 related
    Filer's total
    not reported + $727,116 related

  • Gregory McCarthy

    CEO

    Total calculated
    $505,032
    From this org
    $0
    From related orgs
    $456,859
    Other
    $48,173
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    not reported + $324,832 related
    Bonus
    not reported + $89,725 related
    Other
    not reported + $42,302 related
    Deferred
    not reported + $24,235 related
    Nontaxable benefits
    not reported + $23,938 related
    Filer's total
    not reported + $505,032 related

  • Christine Seals

    MEDICAL DIRECTOR

    Total calculated
    $348,771
    From this org
    $0
    From related orgs
    $302,970
    Other
    $45,801
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    not reported + $288,275 related
    Bonus
    not reported
    Other
    not reported + $14,695 related
    Deferred
    not reported + $24,235 related
    Nontaxable benefits
    not reported + $21,566 related
    Filer's total
    not reported + $348,771 related

  • Simon Hambridge

    VICE CHAIR

    Total calculated
    $343,562
    From this org
    $0
    From related orgs
    $278,407
    Other
    $65,155
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    not reported + $274,700 related
    Bonus
    not reported
    Other
    not reported + $3,707 related
    Deferred
    not reported + $55,929 related
    Nontaxable benefits
    not reported + $9,226 related
    Filer's total
    not reported + $343,562 related

  • Donna Lynne

    BOARD MEMBER

    Total calculated
    $277,629
    From this org
    $0
    From related orgs
    $252,299
    Other
    $25,330
    Hours/week
    1 + 41 related

    Schedule J breakdown matched by us

    Base
    not reported + $251,093 related
    Bonus
    not reported
    Other
    not reported + $1,206 related
    Deferred
    not reported + $23,436 related
    Nontaxable benefits
    not reported + $1,894 related
    Filer's total
    not reported + $277,629 related

  • Norma Stiglich

    FORMER MEDICAL DIRECTOR

    Total calculated
    $255,374
    From this org
    $0
    From related orgs
    $209,502
    Other
    $45,872
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $205,724 related
    Bonus
    not reported
    Other
    not reported + $3,778 related
    Deferred
    not reported + $19,308 related
    Nontaxable benefits
    not reported + $26,564 related
    Filer's total
    not reported + $255,374 related

  • Michael Wagner

    CHIEF ADMINISTRATIVE OFFICER

    Total calculated
    $243,654
    From this org
    $0
    From related orgs
    $212,467
    Other
    $31,187
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    not reported + $210,874 related
    Bonus
    not reported
    Other
    not reported + $1,593 related
    Deferred
    not reported + $18,866 related
    Nontaxable benefits
    not reported + $12,321 related
    Filer's total
    not reported + $243,654 related

  • Lucas Wilson

    DIR INFO SYSTEMS

    Total calculated
    $237,727
    From this org
    $0
    From related orgs
    $196,082
    Other
    $41,645
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    not reported + $194,685 related
    Bonus
    not reported
    Other
    not reported + $1,397 related
    Deferred
    not reported + $18,340 related
    Nontaxable benefits
    not reported + $23,305 related
    Filer's total
    not reported + $237,727 related

  • Ruie Winters III Sr Dir Health

    OUTCOMES, PHARMACY, MANAGED CA

    Total calculated
    $217,508
    From this org
    $0
    From related orgs
    $167,425
    Other
    $50,083
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    not reported + $166,535 related
    Bonus
    not reported
    Other
    not reported + $890 related
    Deferred
    not reported + $15,294 related
    Nontaxable benefits
    not reported + $34,789 related
    Filer's total
    not reported + $217,508 related

  • Shanique Horne

    DIR PROVIDER RELATIONS

    Total calculated
    $185,221
    From this org
    $0
    From related orgs
    $148,532
    Other
    $36,689
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    not reported + $147,258 related
    Bonus
    not reported
    Other
    not reported + $1,274 related
    Deferred
    not reported + $14,854 related
    Nontaxable benefits
    not reported + $21,835 related
    Filer's total
    not reported + $185,221 related

  • Jason Pearse

    MGR INFO SYSTEMS

    Total calculated
    $182,283
    From this org
    $0
    From related orgs
    $135,890
    Other
    $46,393
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    not reported + $134,768 related
    Bonus
    not reported
    Other
    not reported + $1,122 related
    Deferred
    not reported + $14,292 related
    Nontaxable benefits
    not reported + $32,101 related
    Filer's total
    not reported + $182,283 related

  • Robert Lodge

    PHARMACY CLINICAL SPECIALIST

    Total calculated
    $181,219
    From this org
    $0
    From related orgs
    $149,586
    Other
    $31,633
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    not reported + $148,472 related
    Bonus
    not reported + $77 related
    Other
    not reported + $1,037 related
    Deferred
    not reported + $14,941 related
    Nontaxable benefits
    not reported + $16,692 related
    Filer's total
    not reported + $181,219 related

  • Magaly Brito

    CLAIMS DIRECTOR

    Total calculated
    $177,245
    From this org
    $0
    From related orgs
    $161,281
    Other
    $15,964
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    not reported + $160,004 related
    Bonus
    not reported
    Other
    not reported + $1,277 related
    Deferred
    not reported + $15,964 related
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $177,245 related

  • Joseph Caldwell

    DHMP CFO

    Total calculated
    $148,608
    From this org
    $0
    From related orgs
    $125,327
    Other
    $23,281
    Hours/week
    40

  • Carla Elam-Floyd

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Carol Lewis

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Sterling Scott Crowe

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Helen Atkeson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Rus Heise

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Joan Henneberry

    BOARD MEMBER (THROUGH 02/22)

    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
  • 7 · Other non-fixed payments

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

The filer's explanations (Part III)

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.
SCHEDULE J, PART I, LINE 4b
NONQUALIFIED RETIREMENT PLANS: CERTAIN DENVER HEALTH AND HOSPITAL AUTHORITY EMPLOYEES SERVING AS BOARD MEMBERS AND/OR OFFICERS OF DENVER HEALTH AND HOSPITALS FOUNDATION PARTICIPATE IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN WITH DENVER HEALTH AND HOSPITAL AUTHORITY. THE FOLLOWING PERSONS REPORTED THE FOLLOWING AMOUNTS AS INCLUDIBLE IN INCOME UNDER THIS PLAN. * Gregory McCarthy - $39,170
SCHEDULE J, PART I, LINE 7
EXPLANATION FOR NON-FIXED PAYMENTS: THE FOLLOWING INDIVIDUALS LISTED ON 990 PART VII, SECTION A, WERE COMPENSATED BY DENVER HEALTH AND HOSPITAL AUTHORITY AND PARTICIPATED IN THE MANAGEMENT INCENTIVE PLAN (MIP). UNDER THIS PLAN, THESE INDIVIDUALS RECEIVED THE FOLLOWING PAYMENTS: GREGORY MCCARTHY- $89,725 FARAZ KHAN- $144,875 ROBERT LODGE- $77

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

    GOVERNMENT · GOVT HOSPITAL · CO

    Directly controlled by NA

  • 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 · CA

    Directly controlled by RMDS

  • DHHA OMC QUALICAB INC

    501(C)(3) · EQUIP. LEASE · CO

    Directly controlled by DHHA

  • DHHA SOUTHWEST CLINIC

    501(C)(3) · FINANCING · CO

    Directly controlled by DHHA

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202323189349308067

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