GEISINGER HEALTH PLAN (EIN 232311553) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

KURT WROBEL FSA MAAA

Phone

5702716624

Tax Period

2023-01-01 to 2023-12-31

GEISINGER HEALTH PLAN, founded in 1984, is a large national nonprofit that reported $3.2B in total revenue in fiscal year 2023.

Mission

GEISINGER HEALTH PLAN STRIVES TO MAKE BETTER HEALTH EASIER BY PROVIDING ACCESS TO AFFORDABLE, HIGH QUALITY HEALTH CARE TO THE COMMUNITY THROUGH EQUITABLE, INNOVATIVE, AND INCLUSIVE CARE AND COVERAGE MODELS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,188,105,431

Investment Income $26,158,444

Other Revenue $374,347

TOTAL REVENUE $3,214,638,222

Expense Breakdown

Grants Paid $0

Salaries & Benefits $145,557,430

Fundraising Expenses $0

Program Expenses $2,994,929,758

Other Expenses $2,987,271,106

TOTAL EXPENSES $3,132,828,536

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,214,638,222	$3,036,794,923	+0.1%
Expenses	$3,132,828,536	$2,975,202,992	+0.1%
Net Income	$81,809,686	$61,591,931	+0.3%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

1624

Volunteers

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

$7,874,558

Total Directors

$8,473,593

Key Employees

$1,544,414

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAEWON RYU MD JD	DIRECTOR	N/A	Director	$0	$1,571,914	$7,064,026
KEVIN V ROBERTS MBA CPA	SR VP, TREAS	N/A	Officer	$0	$60,007	$3,648,273
KURT WROBEL FSA MAAA	PRESIDENT, D	40.00	Officer Director	$1,137,432	$260,401	$1,397,833
STEVEN B BENDER ESQUIRE	CLO, SECRETA	N/A	Officer	$0	$246,564	$1,255,549
JANET F TOMCAVAGE RN MSN	FORMER KEY E	N/A		$0	$195,866	$972,094
MARK MCCULLOUGH	ASSISTANT TR	40.00	Officer	$785,568	$116,758	$902,326
ROGER VAN BAAREN	CHIEF SALES	40.00	Key Emp	$432,326	$57,734	$490,060
MARY MASTRANDREA	VP, GOV'T PR	40.00	Key Emp	$421,172	$37,631	$458,803
STACEY BENSELER	CHIEF OF COM	40.00	Highest	$395,425	$49,799	$445,224
BHARGAVI DEGAPUDI MD	MEDICAL DIRE	40.00	Highest	$18,636	$26,507	$438,708
CHRISTOPHER TESKA	VP, FINANCE	40.00	Highest	$344,864	$54,719	$399,583
HEATHER SMITH	VP, MARKET S	40.00	Highest	$335,790	$33,934	$369,724
FRANK KDAVIS ESQUIRE	INTERIM ASST	40.00	Officer	$320,509	$36,071	$356,580
THOMAS CHUBA	SR. DIRECTOR	40.00	Highest	$293,002	$45,929	$338,931
DAVID J WEADER ESQUIRE	ASSISTANT SE	40.00	Officer	$291,185	$22,812	$313,997
SUSAN E TORREY	COO	40.00	Key Emp	$279,555	$22,360	$301,915
JOANN SCIANDRA	VP, CARE COO	40.00	Key Emp	$273,038	$20,598	$293,636
HEATHER M ACKER	DIRECTOR	0.25	Director	$11,734	$0	$11,734
THOMAS J LISTON	DIRECTOR	0.25	Director	$0	$0	$0
BENJAMIN K CHU MD MPH MACP	DIRECTOR	0.25	Director	$0	$0	$0
THOMAS H LEE JR MD MSC	DIRECTOR, CH	0.25	Officer Director	$0	$0	$0
V CHRIS HOLCOMBE PE	DIRECTOR	0.25	Director	$0	$0	$0
JOHN C BRAVMAN PHD	DIRECTOR	0.25	Director	$0	$0	$0
SHERRY A GLIED PHD	DIRECTOR	0.25	Director	$0	$0	$0
DONALD T ROSINI	DIRECTOR	0.25	Director	$0	$0	$0
CHRISTOPHER B SULLIVAN	DIRECTOR	0.25	Director	$0	$0	$0

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	$3,214,638,222	$3,132,828,536	$605,473,815	$81,809,686
2022	$3,036,794,923	$2,975,202,992	$733,928,808	$61,591,931
2021	$2,797,904,775	$2,790,293,131	$592,524,660	$7,611,644
2020	$1,380,938,040	$1,363,898,091	$668,239,385	$17,039,949
2020	$2,662,983,213	$2,659,783,795	$795,495,670	$3,199,418
2019	$2,704,372,491	$2,596,682,512	$636,936,675	$107,689,979
2018	$2,638,707,572	$2,583,125,906	$711,466,324	$55,581,666

GEISINGER HEALTH PLAN