FALLON COMMUNITY HEALTH PLAN INC (EIN 237442369) - 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

1975

Legal Domicile

Principal Officer

TODD BAILEY

Phone

5087992100

Tax Period

2023-01-01 to 2023-12-31

FALLON COMMUNITY HEALTH PLAN INC, founded in 1975, is a large national nonprofit in the Health Care sector that reported $1.8B in total revenue in fiscal year 2023.

Mission

FCHP HAS A GIFT CARD POLICY THAT THE COMPANY PAYS ALL APPLICABLE TAXES ON BEHALF OF THE EMPLOYEE. THE VALUE OF THE GIFT CARD IS INCLUDED IN THE EMPLOYEE'S TAXABLE INCOME. THIS POLICY APPLIES TO ALL FCHP EMPLOYEES. IN 2023, THE FOLLOWING INDIVIDUALS LISTED IN SCHEDULE J, PART II RECEIVED GIFT CARDS FROM FCHP DURING THE YEAR. NAME AMOUNT PAID JANIS LIEPINS $550 CHRISTINE CASSIDY $175 MARK DITCHER $100 DEBORAH DAVIAU $100 RANDI BERKOWITZ $85 EMILY WEST $75 TODD BAILEY $50 ELIZABETH CREAVIN $50

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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 $1,731,530,749

Investment Income $14,690,098

Other Revenue $5,417,810

TOTAL REVENUE $1,751,638,657

Expense Breakdown

Grants Paid $888,536

Salaries & Benefits $117,484,945

Fundraising Expenses $0

Program Expenses $1,767,880,682

Other Expenses $46,288,790

TOTAL EXPENSES $1,817,937,230

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,751,638,657	$1,747,343,886	+0.0%
Expenses	$1,817,937,230	$1,729,040,635	+0.1%
Net Income	$-66,298,573	$18,303,251	-4.6%

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

1407

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

$3,379,139

Total Directors

$2,886,357

Key Employees

$2,608,152

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD P BURKE	PRESIDENT & CEO	44.0	Officer Director	$2,063,580	$300,277	$2,363,857
TODD BAILEY	SVP, CHIEF FINANCIAL OFFICER	47.0	Officer	$693,317	$70,715	$764,032
DAVID BRUMLEY MD	SVP and Chief Medical Officer	50.0	Key Emp	$610,843	$90,026	$700,869
EMILY L WEST	SVP, CHIEF OPERATING OFFICER	50.0	Key Emp	$593,098	$83,485	$676,583
JILL GREEN LEBOW	SVP, CHIEF HR OFFICER	48.0	Highest	$570,576	$88,084	$658,660
MARY RITTER	SVP, CHIEF STRTGY & GOVT. PROG	49.0	Key Emp	$563,884	$88,583	$652,467
MATTHEW HERNDON	SVP, Chief State Prog. Officer	50.0	Key Emp	$496,743	$81,490	$578,233
LINDA WEINREB	MEDICAL DIRECTOR, MCD ACO	50.0	Highest	$445,640	$96,077	$541,717
SEAN MURPHY	CHIEF NETWORK STRATEGIST	45.0	Highest	$429,183	$96,372	$525,555
ELIZABETH CREAVIN	VP, CORPORATE CONTROLLER	45.0	Highest	$428,932	$70,800	$499,732
JAMES GENTILE	SVP, CHIEF COMPLIANCE OFFICER	48.0	Highest	$431,600	$63,644	$495,244
KRISTINE BOSTEK	SVP, PACE Programs	35.0		$401,130	$76,853	$477,983
CHRISTINE CASSIDY	SVP, CHIEF COMM. OFFICER	49.5		$396,155	$70,166	$466,321
DEBORAH DAVIAU	VP,MEDICARE AND NAVICARE	50.0		$311,418	$20,551	$331,969
JANIS LIEPINS	VP Medicaid	49.5		$263,303	$24,186	$287,489
FREDERICK MISILO ESQ	CHAIR	3.0	Officer Director	$68,250	$0	$68,250
JAMES R BUONOMO	CLERK	2.0	Officer Director	$62,000	$0	$62,000
B JOHN DILL	VICE CHAIR	2.0	Officer Director	$61,250	$0	$61,250
JOSEPH N STOLBERG CPA	TREASURER	1.5	Officer Director	$59,750	$0	$59,750
DEBORAH C ENOS	DIRECTOR	1.0	Director	$59,500	$0	$59,500
PETER F STRALEY	DIRECTOR	1.0	Director	$51,750	$0	$51,750
WANDA J MCCLAIN	DIRECTOR	1.0	Director	$51,750	$0	$51,750
JANET S RICO	DIRECTOR	1.0	Director	$40,250	$0	$40,250
VICTOR WOOLRIDGE	DIRECTOR	1.0	Director	$34,250	$0	$34,250
ALICE BONNER	DIRECTOR	1.0	Director	$33,750	$0	$33,750

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	$1,751,638,657	$1,817,937,230	$759,646,277	$-66,298,573
2022	$1,747,343,886	$1,729,040,635	$698,844,489	$18,303,251
2021	$1,782,502,394	$1,746,369,608	$712,896,484	$36,132,786
2020	$1,643,963,728	$1,568,643,154	$617,122,763	$75,320,574
2019	$1,580,533,789	$1,607,012,434	$461,233,945	$-26,478,645
2018	$1,517,437,991	$1,510,510,448	$430,103,303	$6,927,543

FALLON COMMUNITY HEALTH PLAN INC