Connecting members with the leading healthcare providers to make the best medical care available for their needs and to make donations thru our partner hospitals to our doctors to fund education and research improving medicine for all.

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
Run by 10 volunteers and 28 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $7.1M a year · 52% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$746K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Plus $85.2M in investments, Pt X · Ln 11–13
Fine: 0.4 months of spending in cash, plus $85.2M in investments.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
10
named funders · $71K
Looks good: 10 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$4.1M
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 5 voting members
Concern: none of 5 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$21.8M
+30% vs prior year
Spent
$12.6M
To programs
93%
Net assets
$82.2M
By yearFY2020–FY2025
Revenue
$21.8M
FY2025▲ +30%
Tap a bar for its year
Revenue by fiscal year
FY2020$7.7M
FY2021$11.2M
FY2022$12.6M
FY2023$12.1M
FY2024$16.7M
FY2025$21.8M
Expenses
$12.6M
FY2025▲ +61%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.5M
FY2021$4.0M
FY2022$5.7M
FY2023$5.6M
FY2024$7.8M
FY2025$12.6M
Net assets
$82.2M
FY2025▲ +19%
Tap a bar for its year
Net assets by fiscal year
FY2020$36.6M
FY2021$45.7M
FY2022$43.0M
FY2023$55.6M
FY2024$69.2M
FY2025$82.2M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2005.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $11.8M Management & general 7% · $869K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

14 people listed on the 990; $746K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$290,557Pt VII · Sec A
Chief Operat
$247,977Pt VII · Sec A
Chief Relat.
$105,000Pt VII · Sec A
Chief Relat.
$102,308Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Megan Frankel’s $291K as President is at the 73rd percentile of top reported officer pay among 3122 $10–100M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Megan Frankel$290,557$277,362$266,160$299,200$231,350$259,738
Gary Boris$247,977$198,365$150,000$17,308——
Kim Kotora—$113,942$203,839$217,500$205,150$171,744
Lisa Herchek———$190,000$195,150$198,849
David Oravec$105,000—————
Tamara Whitner$102,308—————
Melissa Owen—$100,500————
Dr Bernardo Fernandez—————$6,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Healthnetwork Foundation Fka Health Net Foundation INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Connects people with the right medical care for their specific health needs.

Questions for Healthnetwork Foundation Fka Health Net Foundation INC

Tap to ask. Healthnetwork Foundation Fka Health Net Foundation INC sees how many people are interested.

Your first name shows with your question. Healthnetwork Foundation Fka Health Net Foundation INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $11.8M · in their own filed words · FY2025
01

Connecting members with the leading healthcare providers to make the best medical care available for their needs and to make donations thru our partner hospitals to our doctors to fund education and research improving medicine for all.

$11.8Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 10 funders →
Grants paid · 111 grants · $15.0M · 2020–2025
Various Grants Under 5000 PerFY2025$4,233,881
Cedars-Sinai Medical CenterCA · FY2025$120,000
Yale UniversityCT · FY2025$100,000
University of Miami Health SystemFY2025$40,000
Mount Sinai HospitalNY · FY2025$40,000
Uc Healthcare SystemFY2025$35,000
Yale New Haven HospitalCT · FY2025$25,000
See all 111 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$21.8M
Ln 12
Gifts and grantsLn 1h$15.1M
Investment incomeLn 3$6.7M
Money outPt IX
$12.6M
Ln 25
Programscol B$11.8M
Managementcol C$869K
Owns and owesPt X
$82.2M
net assets · Ln 32
Cash and savingsLn 1–2$456K
Total assetsLn 16$86.2M
LiabilitiesLn 26$4.1M
PeoplePt VI, VII
14
listed · VII A
PaidVII A4
Voting boardVI 1a5
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$15.1M
Investment incomeLn 3$6.7M
Gains on assetsLn 7$4.4M
Total revenueLn 12$21.8M
Assets in detailPt X, end of year
CashLn 1$456K
Cash and savings togetherLn 1–2$456K
InvestmentsLn 11–13$85.2M
Land, buildings, equipmentLn 10c$46K
Other assetsLn 15$309K
Total assetsLn 16$86.2M
LiabilitiesLn 26$4.1M
Net assetsLn 32$82.2M
OperationsPt I, VI
EmployeesI 528
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$848K$456K
InvestmentsLn 11–13$71.5M$85.2M
Land, buildings, equipmentLn 10c$65K$46K
Total assetsLn 16$73.0M$86.2M
LiabilitiesLn 26$3.8M$4.1M
Net assetsLn 32$69.2M$82.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$7.2M$7.2M
Pay of current officers, directors and key staffLn 5$772K$369K$402K
Pay of disqualified personsLn 6$14K$14K
Other salaries and wagesLn 7$2.0M$2.0M$16K
Pension plan contributionsLn 8$45K$40K$5K
Other employee benefitsLn 9$125K$118K$8K
Payroll taxesLn 10$183K$159K$24K
Legal feesLn 11b$13K$13K
Accounting feesLn 11c$9K$9K
Investment management feesLn 11f$724K$724K
Other fees for servicesLn 11g$169K$153K$16K
Advertising and promotionLn 12$249K$249K
Office expensesLn 13$353K$353K
Information technologyLn 14$81K$81K
OccupancyLn 16$117K$117K
TravelLn 17$353K$512$352K
Conferences, conventions and meetingsLn 19$21K$21K
Depreciation, depletion and amortizationLn 22$25K$25K
InsuranceLn 23$11K$11K
Other expenses (24a–d)Ln 24$172K$163K$9K
All other expensesLn 24e$24K$23K$936
Total functional expensesLn 25$12.6M$11.8M$869K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $21.8M$12.6M$9.1M$82.2M 990 PDF
FY2024 $16.7M$7.8M$8.9M$69.2M 990 PDF
FY2023 $12.1M$5.6M$6.5M$55.6M 990 PDF
FY2022 $12.6M$5.7M$6.8M$43.0M 990 PDF
FY2021 $11.2M$4.0M$7.2M$45.7M 990 PDF
FY2020 $7.7M$3.5M$4.2M$36.6M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $21,777,176 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $11,900,464$15,075,614
I-9 Program service revenue$0
I-10 Investment incomePrior year $4,820,436$6,701,562
I-11 Other revenue$0
I-12 Total revenuePrior year $16,720,900$21,777,176
I-13 Grants and similar amounts paidPrior year $2,863,500$7,200,085
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $2,650,819$3,117,979
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $2,321,032$2,320,890
I-18 Total expensesPrior year $7,835,351$12,638,954
I-19 Revenue less expensesPrior year $8,885,549$9,138,222
Part VI · Governance 0 of 5 board members independent, 2 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $21,777,176 across 6 lines filed
VIII-1b Membership dues$900,120
VIII-1f All other contributions, gifts and grants$14,175,494
VIII-1h Total contributions, gifts and grants$15,075,614
VIII-3 Investment incomeExcluded from tax $2,260,818$2,260,818
VIII-7 Net gain or loss on sales of assetsRelated to mission $4,440,744$4,440,744
VIII-12 Total revenueRelated to mission $4,440,744 · Excluded from tax $2,260,818$21,777,176
Part IX · Statement of functional expenses $12,638,954 across 21 lines filed
IX-1 Grants to domestic organizationsPrograms $7,200,085$7,200,085
IX-5 Pay of current officers, directors and key staffPrograms $369,478 · Management $402,476$771,954
IX-6 Pay of disqualified personsManagement $14,319$14,319
IX-7 Other salaries and wagesPrograms $1,962,546 · Management $15,892$1,978,438
IX-8 Pension plan contributionsPrograms $39,534 · Management $5,232$44,766
IX-9 Other employee benefitsPrograms $117,610 · Management $7,889$125,499
IX-10 Payroll taxesPrograms $159,448 · Management $23,555$183,003
IX-11b Legal feesManagement $13,278$13,278
IX-11c Accounting feesManagement $8,613$8,613
IX-11f Investment management feesPrograms $724,298$724,298
IX-11g Other fees for servicesPrograms $153,000 · Management $15,744$168,744
IX-12 Advertising and promotionPrograms $248,558$248,558
IX-13 Office expensesPrograms $353,471$353,471
IX-14 Information technologyPrograms $81,197$81,197
IX-16 OccupancyPrograms $117,390$117,390
IX-17 TravelPrograms $512 · Management $352,114$352,626
IX-19 Conferences, conventions and meetingsPrograms $20,608$20,608
IX-22 Depreciation, depletion and amortizationPrograms $25,164$25,164
IX-23 InsurancePrograms $11,003$11,003
IX-24 Other expenses (24a–d)Programs $163,007 · Management $9,000$172,007
IX-24e All other expensesPrograms $22,997 · Management $936$23,933
IX-25 Total functional expensesPrograms $11,769,906 · Management $869,048 · Fundraising $0$12,638,954
Part X · Balance sheet $86,222,848 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $847,550$456,136
X-4 Accounts receivableStart of year $436,150$25,000
X-9 Prepaid expenses and deferred chargesStart of year $138,910$226,216
X-10c Land, buildings and equipment, netStart of year $65,019$45,614
X-11 Publicly traded securitiesStart of year $71,494,562$85,160,432
X-15 Other assets$309,450
X-16 Total assetsStart of year $72,982,191$86,222,848
X-17 Accounts payable and accrued expensesStart of year $250,724$168,647
X-19 Deferred revenueStart of year $3,504,781$3,810,731
X-25 Other liabilities$85,608
X-26 Total liabilitiesStart of year $3,755,505$4,064,986
X-32 Total net assets or fund balancesStart of year $69,226,686$82,157,862
X-33 Total liabilities and net assetsStart of year $72,982,191$86,222,848
Part XI · Reconciliation of net assets $82,157,862 net assets at year end
XI-1 Total revenue$21,777,176
XI-2 Total expenses$12,638,954
XI-3 Revenue less expenses$9,138,222
XI-4 Net assets at start of year$69,226,686
XI-5 Net unrealized gains (losses) on investments$3,792,754
XI-8 Prior period adjustments$200
XI-10 Net assets at end of year$82,157,862

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.