SCAN HEALTH PLAN ARIZONA

EIN: 731729007

LONG BEACH, CA

Total Revenue
$246,781
Total Expenses
$-107,328
Total Assets
$26,916,772
Net Assets
$26,916,772
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
AZ
Principal Officer
SACHIN JAIN
Phone
5629895100
Tax Period
2019-01-01 to 2019-12-31

SCAN HEALTH PLAN ARIZONA, founded in 2006, is a small nonprofit that reported $247K in total revenue in fiscal year 2019. Revenue fell 44% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $354K, a strong 143% operating margin.

Mission

TO SERVE AND IMPROVE THE LIVES OF THE FRAIL, ELDERLY AND DISABLED RESIDENTS OF ARIZONA. EFFECTIVE JANUARY 1, 2016, SCAN HEALTH PLAN ARIZONA ELECTED TO CEASE OPERATIONS AND AS A RESULT WAS NO LONGER A LICENSED INSURER WITH THE STATE OF ARIZONA. THE COMPANY HAS BEEN IN RUN OUT SINCE 2016 AND ACTIVITIES INCLUDE PAYMENT OF CLAIMS AND ALL CONTRACTUAL OBLIGATIONS. AS OF MARCH 10, 2020, THE ARIZONA CORPORATION COMMISSION APPROVED THE DISSOLUTION OF SCAN HEALTH PLAN AZIRONA.

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $246,781
Other Revenue $0
TOTAL REVENUE $246,781

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $-108,978
Other Expenses $-107,328
TOTAL EXPENSES $-107,328

Year-over-Year Comparison

2019 2018 Change
Revenue $246,781 $438,380 -0.4%
Expenses $-107,328 $-25,509 +3.2%
Net Income $354,109 $463,889 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
N/A
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
4
$8,165,239
Total Directors
4
$9,439,798
Key Employees
2
$1,297,652
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER WING CHAIRPERSON 0.50
Officer Director
$0 $1,390,725 $3,668,758
VINOD MOHAN CFO - DEVELOPMENT OFFICER 0.50
Officer Director
$0 $697,412 $1,669,089
NANCY MONK PRESIDENT 0.50
Officer Director
$0 $575,175 $1,372,812
WILLIAM ROTH END 219 DIRECTOR 0.50
Director
$0 $27,085 $2,729,139
JANET KORNBLATT SECRETARY 1.00
Officer
$0 $403,747 $1,454,580
ANDREW WHITELOCK SVP CHIEF RISK EXECUTIVE 0.50
Key Emp
$0 $228,534 $651,288
RUSSELL E BROWER MEDICAL DIRECTOR 0.50
Key Emp
$0 $195,125 $646,364
CATHERINE BATTEER END 119 FORMER PRESIDENT 0.00
$0 $24,000 $1,167,415
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
2019 $246,781 $-107,328 $26,916,772 $354,109
2018 $438,380 $-25,509 $28,547,094 $463,889
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