MVP HEALTH PLAN INC (EIN 141640868) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

CHRISTOPHER DEL VECCHIO

Phone

5183882357

Tax Period

2023-01-01 to 2023-12-31

MVP HEALTH PLAN INC, founded in 1982, is a large national nonprofit that reported $3.0B in total revenue in fiscal year 2023.

Mission

THE PRESIDENT & CEO IS THE ONLY INDIVIDUAL RECEIVING THE BENEFITS REFLECTED IN SCHEDULE J, PART I, LINE 1. THE PAYMENT OF THESE EXPENSES ARE MADE AS PART OF HIS TOTAL REWARDS PACKAGE AND ARE REVIEWED TO ENSURE THEY ALIGN WITHIN THE ORGANIZATION'S OVERALL COMPENSATION PHILOSOPHY. PART I, LINE 4B: DURING THE YEAR, SEVERAL OF THE PERSONS LISTED ON SCHEDULE J PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. EMPLOYER AND EMPLOYEE CONTRIBUTIONS DURING THE YEAR TO THIS PLAN HAVE BEEN REPORTED, AS REQUIRED, ON SCHEDULE J, PART II, COLUMNS (B)(III) AND (C). WHILE OTHER INDIVIDUALS REPORTED ON THE FORM 990, SCHEDULE J PARTICIPATED IN THE SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN, NO ONE RECEIVED A PAYOUT IN CALENDAR YEAR 2023.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,027,027,585

Investment Income $12,819,763

Other Revenue $0

TOTAL REVENUE $3,039,847,348

Expense Breakdown

Grants Paid $627,934

Salaries & Benefits $643,650

Fundraising Expenses $0

Program Expenses $2,781,101,388

Other Expenses $3,026,686,972

TOTAL EXPENSES $3,027,958,556

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,039,847,348	$3,190,474,064	0.0%
Expenses	$3,027,958,556	$3,138,576,499	0.0%
Net Income	$11,888,792	$51,897,565	-0.8%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

1831

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$4,542,394

Total Directors

$607,983

Key Employees

$4,729,346

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALAN GOLDBERG	CHAIRMAN	4.00	Officer Director	$89,500	$0	$89,500
RICHARD D'ASCOLI	DIRECTOR	3.00	Director	$79,500	$0	$79,500
KEVIN O'CONNOR	DIRECTOR	1.50	Director	$65,500	$0	$65,500
BURT DANOVITZ	DIRECTOR	3.00	Director	$64,316	$0	$64,316
CURTIS LLOYD	DIRECTOR	1.50	Director	$61,500	$0	$61,500
MENG-LING HSIAO	DIRECTOR	2.00	Director	$60,500	$0	$60,500
LINDSAY FARRELL	DIRECTOR	1.50	Director	$60,500	$0	$60,500
DAVID S PRATT MD	VICE CHAIR	3.50	Officer Director	$56,500	$0	$56,500
WILLIAM PHELAN	DIRECTOR (AS OF 01/2023)	1.50	Director	$55,500	$0	$55,500
KIMBERLY ZEOLI	DIRECTOR (THRU 12/2023)	1.50	Director	$14,667	$0	$14,667
CHRISTOPHER DEL VECCHIO	PRESIDENT & CEO	30.05	Officer	$2,181,970	$190,086	$2,912,564
KARLA AUSTEN	CFO/TREASURER	27.63	Officer	$669,494	$31,562	$940,310
EMILY TITSWORTH - CHIEF	LEGAL OFFICER & GENERAL COUNSEL	29.65	Officer	$396,431	$42,081	$543,520
DOMINICK BIZZARRO	CHIEF GROWTH OFFICER	28.32	Key Emp	$809,792	$43,850	$1,116,222
CATHERINE BUHLER CLANCY	CHIEF OPERATIONS OFFICER	27.44	Key Emp	$550,717	$46,269	$798,956
CARL CAMERON	CHIEF MEDICAL OFFICER	30.14	Key Emp	$567,636	$50,752	$757,038
MICHAEL DELLA VILLA	CHIEF DIGITAL & INFORMATION OFFICER	29.63	Key Emp	$534,929	$54,514	$731,548
LAURIE METHENY	CHIEF CUSTOMER EXPERIENCE OFFICER	28.32	Key Emp	$489,682	$56,192	$704,656
AMY HARLOW	CHIEF TALENT OFFICER	29.44	Key Emp	$472,002	$19,644	$620,926
PATRICK ROOHAN	VP, RISK ADJUSTMENT	30.14	Highest	$431,605	$24,614	$561,641
JASON MEROLA	VP, MEDICAL AFFARIS	30.14	Highest	$401,443	$46,534	$546,032
AUGUSTA MARTIN - VP STRATEGIC	PROVIDER ENGAGEMENT & CARE MGMT.	30.14	Highest	$389,967	$41,445	$526,663
JAMES HOPSICKER	VP, HEALTH & PHARMACY MANAGEMENT	30.14	Highest	$386,282	$41,624	$522,257
DEBORAH BRUNDAGE	CHIEF MARKETING & SALES OFFICER	26.67	Highest	$350,014	$21,893	$513,990

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$3,039,847,348	$3,027,958,556	$915,432,292	$11,888,792
2022	$3,190,474,064	$3,138,576,499	$817,109,956	$51,897,565
2021	$3,002,120,047	$3,022,736,359	$792,531,200	$-20,616,312
2020	$2,772,334,199	$2,747,240,807	$843,925,304	$25,093,392
2019	$2,690,809,751	$2,672,205,265	$717,854,791	$18,604,486
2018	$2,681,702,220	$2,644,078,489	$723,844,859	$37,623,731

MVP HEALTH PLAN INC