Sharp Health Plan FY2020 filing

Not tax-deductible

San Diego, CA501(c)(4)Since 1992 EIN 33-0519730Revenue $844.9M in FY2020

On file with the IRSsharphealthplan.com8520 Tech Way Ste 200, 92123-1450 · San Diego, CATax-exempt since Nov 1995

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To promote the Health and to serve the community interests of the residents of california, by operation of a Health maintenance organization and by provision of other managed Health care services. To support the charitable and community oriented mission and programs of the Sharp healthcare system. To DO generally all things and transact all business which any person or individual may lawfully DO, not inconsistent with the purposes of the corporation or with the rights and purposes of a nonprofit organization.

501(c)(4) social-welfare organization; gifts are not tax-deductible as charitable contributions.
96¢ of each $1 spent went to programs.
$3.6M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list 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 $26.5M a year · 3% 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
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3.6M
to officers and key staff · 0.4% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
1 mo
of spending, in cash
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$98.2M
42% of total assets
Looks good: liabilities are 42% 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
$844.9M
Spent
$823.0M
To programs
96%
Net assets
$134.0M
By yearFY2020–FY2025
Revenue
$844.9M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$844.9M
FY2021$875.4M
FY2022$918.7M
FY2023$968.1M
FY2024$1.0B
FY2025$1.2B
Expenses
$823.0M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$823.0M
FY2021$852.9M
FY2022$900.3M
FY2023$946.0M
FY2024$995.4M
FY2025$1.2B
Net assets
$134.0M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$134.0M
FY2021$164.6M
FY2022$162.5M
FY2023$189.6M
FY2024$245.9M
FY2025$257.9M

From the FY2020 Form 990 (year ending September 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1995.

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

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $793.2M Management & general 4% · $29.8M

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

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Who runs it and what they're paid

18 people listed on the 990; $3.6M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$882,048Pt VII · Sec A
$536,984Pt VII · Sec A
VP, CFO Shp
$354,900Pt VII · Sec A
Business Development Officer
$332,472Pt VII · Sec A
$318,390Pt VII · Sec A
Medical Director-Shp
$308,598Pt VII · Sec A
Dir Rev Cycle & Data Mgmt
$237,377Pt VII · Sec A
Physician Reviewer
$224,655Pt VII · Sec A

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

NameFY2022FY2021FY2020
Melissa Hayden-Cook$967,667$935,437$882,048
Cary Shames$562,958$573,122$536,984
Rita Datko$383,279$383,151$354,900
Lisa Arian$376,793$359,694$308,598
Michael Byrd$357,100$361,901$332,472
Leslie Pels-Beck$349,397$340,745$318,390
Gregory Limon$255,532$252,897$237,377
Robert Peters$248,036$244,412$224,655

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.

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Operates a health plan and provides managed care services for California residents.

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Provided by the organization

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1 program · $793.2M · in their own filed words · FY2019
01

Sharp Health Plan (SHP) offers a wide variety of commercial benefit plans to businesses in San Diego and Southern Riverside Counties. SHP is a San Diego based commercial health plan and as a not-for-profit enterprise, we are here for one simple reason: to serve our members since 1992.

$793.2Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 21 grants · $10.3M · 2019–2024
See all 21 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$844.9M
Ln 12
Fees for servicesLn 2g$842.3M
Investment incomeLn 3$2.5M
Gifts and grantsLn 1h$25K
Money outPt IX
$823.0M
Ln 25
Programscol B$793.2M
Managementcol C$29.8M
Owns and owesPt X
$134.0M
net assets · Ln 32
Cash and savingsLn 1–2$97.9M
Total assetsLn 16$232.3M
LiabilitiesLn 26$98.2M
PeoplePt VI, VII
18
listed · VII A
PaidVII A10
Voting boardVI 1a5
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$25K
Government grantsLn 1e$25K
Noncash giftsLn 1g$0
Fees for servicesLn 2g$842.3M
Investment incomeLn 3$2.5M
Gains on assetsLn 7$75K
Total revenueLn 12$844.9M
Assets in detailPt X, end of year
CashLn 1−$2.5M
SavingsLn 2$100.5M
Cash and savings togetherLn 1–2$97.9M
InvestmentsLn 11–13$89.0M
Land, buildings, equipmentLn 10c$518K
Other assetsLn 15$1.9M
Total assetsLn 16$232.3M
LiabilitiesLn 26$98.2M
Net assetsLn 32$134.0M
OperationsPt I, VI
EmployeesI 5279
VolunteersI 60
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$64.4M$97.9M
InvestmentsLn 11–13$78.2M$89.0M
Land, buildings, equipmentLn 10c$540K$518K
Total assetsLn 16$173.1M$232.3M
LiabilitiesLn 26$62.2M$98.2M
Net assetsLn 32$110.9M$134.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2.1M$2.1M
Pay of current officers, directors and key staffLn 5$2.6M$647K$2.0M$0
Other salaries and wagesLn 7$22.0M$5.4M$16.6M
Pension plan contributionsLn 8$612K$150K$462K
Other employee benefitsLn 9$3.2M$788K$2.4M
Payroll taxesLn 10$1.7M$417K$1.3M
Management feesLn 11a$3.4M$2.9M$506K
Legal feesLn 11b$164K$0$164K
Accounting feesLn 11c$620K$0$620K
Other fees for servicesLn 11g$753.9M$753.9M$0$0
Advertising and promotionLn 12$1.9M$1.1M$780K
Office expensesLn 13$3.4M$2.8M$624K
Information technologyLn 14$2.8M$2.4M$422K
OccupancyLn 16$1.4M$1.1M$365K
TravelLn 17$115K$28K$87K
Conferences, conventions and meetingsLn 19$142K$20K$122K
InterestLn 20$5K$0$5K
Depreciation, depletion and amortizationLn 22$547K$466K$81K
InsuranceLn 23$211K$174K$37K
Other expenses (24a–d)Ln 24$18.0M$15.3M$2.7M
All other expensesLn 24e$4.0M$3.4M$598K$0
Total functional expensesLn 25$823.0M$793.2M$29.8M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.2B$1.2B$38.4M$257.9M 990 PDF
FY2024 $1.0B$995.4M$35.6M$245.9M 990 PDF
FY2023 $968.1M$946.0M$22.1M$189.6M 990 PDF
FY2022 $918.7M$900.3M$18.4M$162.5M 990 PDF
FY2021 $875.4M$852.9M$22.5M$164.6M 990 PDF
FY2020 Viewing $844.9M$823.0M$21.9M$134.0M 990 PDF

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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 FY2020 990 (6 parts)
Part I · Summary $844,861,105 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$24,595
I-9 Program service revenuePrior year $786,153,281$842,311,211
I-10 Investment incomePrior year $2,950,055$2,525,299
I-11 Other revenue$0
I-12 Total revenuePrior year $789,103,336$844,861,105
I-13 Grants and similar amounts paidPrior year $126,862$2,148,300
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $27,585,032$30,119,510
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $738,388,177$790,696,591
I-18 Total expensesPrior year $766,100,071$822,964,401
I-19 Revenue less expensesPrior year $23,003,265$21,896,704
Part VI · Governance 0 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $844,861,105 across 11 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1d Related organizations$0
VIII-1e Government grants$24,595
VIII-1f All other contributions, gifts and grants$0
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$24,595
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $835,287,843 · Unrelated business $7,023,368 · Excluded from tax $0$842,311,211
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $2,450,381$2,450,381
VIII-7 Net gain or loss on sales of assetsExcluded from tax $74,918$74,918
VIII-12 Total revenueRelated to mission $835,287,843 · Unrelated business $7,023,368 · Excluded from tax $2,525,299$844,861,105
Part IX · Statement of functional expenses $822,964,401 across 21 lines filed
IX-1 Grants to domestic organizationsPrograms $2,148,300$2,148,300
IX-5 Pay of current officers, directors and key staffPrograms $647,079 · Management $1,987,440 · Fundraising $0$2,634,519
IX-7 Other salaries and wagesPrograms $5,395,494 · Management $16,571,724$21,967,218
IX-8 Pension plan contributionsPrograms $150,373 · Management $461,856$612,229
IX-9 Other employee benefitsPrograms $787,694 · Management $2,419,324$3,207,018
IX-10 Payroll taxesPrograms $417,185 · Management $1,281,341$1,698,526
IX-11a Management feesPrograms $2,901,649 · Management $506,260$3,407,909
IX-11b Legal feesPrograms $0 · Management $163,662$163,662
IX-11c Accounting feesPrograms $0 · Management $620,411$620,411
IX-11g Other fees for servicesPrograms $753,861,387 · Management $0 · Fundraising $0$753,861,387
IX-12 Advertising and promotionPrograms $1,147,756 · Management $779,696$1,927,452
IX-13 Office expensesPrograms $2,791,551 · Management $623,725$3,415,276
IX-14 Information technologyPrograms $2,419,729 · Management $422,178$2,841,907
IX-16 OccupancyPrograms $1,060,281 · Management $365,014$1,425,295
IX-17 TravelPrograms $28,218 · Management $86,668$114,886
IX-19 Conferences, conventions and meetingsPrograms $19,776 · Management $122,234$142,010
IX-20 InterestPrograms $0 · Management $5,117$5,117
IX-22 Depreciation, depletion and amortizationPrograms $465,779 · Management $81,266$547,045
IX-23 InsurancePrograms $174,311 · Management $36,715$211,026
IX-24 Other expenses (24a–d)Programs $15,314,284 · Management $2,682,139$17,996,423
IX-24e All other expensesPrograms $3,419,267 · Management $597,518 · Fundraising $0$4,016,785
IX-25 Total functional expensesPrograms $793,150,113 · Management $29,814,288 · Fundraising $0$822,964,401
Part X · Balance sheet $232,256,653 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $8,666,109−$2,516,937
X-2 Savings and temporary cash investmentsStart of year $55,761,746$100,466,088
X-4 Accounts receivableStart of year $28,782,538$39,756,914
X-9 Prepaid expenses and deferred chargesStart of year $1,191,456$3,102,517
X-10c Land, buildings and equipment, netStart of year $540,493$517,627
X-11 Publicly traded securitiesStart of year $77,929,970$88,703,256
X-12 Other securitiesStart of year $233,761$289,157
X-15 Other assetsStart of year $0$1,938,031
X-16 Total assetsStart of year $173,106,073$232,256,653
X-17 Accounts payable and accrued expensesStart of year $41,006,094$66,504,965
X-19 Deferred revenueStart of year $19,465,428$27,835,330
X-25 Other liabilitiesStart of year $1,752,680$3,888,655
X-26 Total liabilitiesStart of year $62,224,202$98,228,950
X-27 Net assets without donor restrictionsStart of year $110,881,871$134,027,703
X-32 Total net assets or fund balancesStart of year $110,881,871$134,027,703
X-33 Total liabilities and net assetsStart of year $173,106,073$232,256,653
Part XI · Reconciliation of net assets $134,027,703 net assets at year end
XI-1 Total revenue$844,861,105
XI-2 Total expenses$822,964,401
XI-3 Revenue less expenses$21,896,704
XI-4 Net assets at start of year$110,881,871
XI-5 Net unrealized gains (losses) on investments$6,008,132
XI-6 Donated services and use of facilities$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets−$4,759,004
XI-10 Net assets at end of year$134,027,703

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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