NORTH SHORE-LIJ HEALTH PLAN INC (EIN 461617516) - 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

2012

Legal Domicile

Principal Officer

MICHELE L CUSACK

Phone

5168765927

Tax Period

2023-01-01 to 2023-12-31

NORTH SHORE-LIJ HEALTH PLAN INC, founded in 2012, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2023. Revenue surged 1282% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.0M, a strong 94% operating margin.

Mission

NORTH SHORE-LIJ HEALTH PLAN PROVIDES MANAGED LONG-TERM CARE PROGRAMS FOR ADULTS WHO ARE MEDICAID ELIGIBLE and strives to improve the health of the communities it serves.

🔒

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 $0

Investment Income $1,125,129

Other Revenue $1,008,071

TOTAL REVENUE $2,133,200

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $121,607

TOTAL EXPENSES $121,607

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,133,200	$154,410	+12.8%
Expenses	$121,607	$4,300	+27.3%
Net Income	$2,011,593	$150,110	+12.4%

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

N/A

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

$880,823

Total Directors

$880,823

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
WILLIAM SCHACHTEL	Treasurer & CFO	Officer Director	$0	$78,507	$508,190
LISA ROSENBAUM	Chair & Acting President	Officer Director	$0	$67,137	$372,633
ILENE MARGOLIN	Director	Director	$0	$0	$0
JOSEPH RUFFINI	Director	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	$2,133,200	$121,607	$26,098,253	$2,011,593
2022	$154,410	$4,300	$25,003,299	$150,110
2021	$3,831	$93,464	$24,916,287	$-89,633
2020	$53,986	$68,536	$25,047,778	$-14,550
2019	$1,079,136	$219,623	$33,920,108	$859,513

NORTH SHORE-LIJ HEALTH PLAN INC