Healthspan Partners

Tax-deductible

Blue Ash, OH501(c)(3)Since 2013Health CareEIN 46-3055925

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The promotion of health in a charitable manner by providing compassionate, high quality affordable healthcare to improve the health of the communities it serves, with emphasis on caring for the poor and underserved.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
Run by 6 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $6.6M a year · 14% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 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
$3.1M
to officers and key staff · 2% of spending
Top officer’s pay lower than 51% of similar orgs
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$2.2B
93% of total assets
Concern: liabilities are 93% of assets; over 80%.
Pt X · Ln 26
Independent board members
0
of 7 voting members
Concern: none of 7 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$180.8M
+822% vs prior year
Spent
$206.0M
To programs
96%
Net assets
$152.2M
By yearFY2020–FY2024
Revenue
$180.8M
FY2024▲ +822%
Revenue by fiscal year
FY2020$999K
FY2021$13.7M
FY2022$14.5M
FY2023$19.6M
FY2024$180.8M
Expenses
$206.0M
FY2024▲ ×10
Expenses by fiscal year
FY2020$4.3M
FY2021$16.9M
FY2022$15.3M
FY2023$19.9M
FY2024$206.0M
Net assets
$152.2M
FY2024▲ +55%
Net assets by fiscal year
FY2020$67.5M
FY2021$102.1M
FY2022$98.4M
FY2023$98.1M
FY2024$152.2M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2015.

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% · $198.6M Management & general 4% · $7.3M

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

23 people listed on the 990; $3.1M paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Population Health Officer
$935,422Pt VII · Sec A
Chief Medical Officer Population Health
$668,641Pt VII · Sec A
Medical Director, Clinical Effectiveness
$358,937Pt VII · Sec A
Clinical Dir Population Health
$339,190Pt VII · Sec A
VP Care Coordination Clinical Services
$289,681Pt VII · Sec A
Medical Director, Network Clinical Performance
$282,508Pt VII · Sec A
VP Operations, Population Health
$272,505Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Jean Haynes’s $935K as Chief Population Health Officer is at the 49th percentile of top reported officer pay among 1747 $100M+ health care 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

NameFY2024FY2022
Laishy Williams-Carlson—$958,693
Jean Haynes$935,422—
Erin Hurlburt$668,641—
Christopher Hebert$358,937—
Bernadette Parker$339,190—
Kelli Chovanec$289,681—
Michael Kiritsy$282,508—
Akil McClay$272,505—

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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides compassionate, affordable healthcare and coordinates medical networks to improve community health, with a special focus on serving poor and underserved populations.

Provided by the organization

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1 program service account for $198.6M of program spending, described in the organization's own filed words · FY2024.
01

The promotion of health in a charitable manner by providing compassionate, high quality affordable healthcare to improve the health of the communities it serves, with emphasis on caring for the poor and underserved. In alignment with this, HSP began operating accountable care organizations and clinically integrated networks in 2024.

$198.6Mprogram expense

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By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$180.8M
Ln 12
Fees for servicesLn 2g$177.6M
Investment incomeLn 3$3.2M
Money outPt IX
$206.0M
Ln 25
Programscol B$198.6M
Managementcol C$7.3M
Owns and owesPt X
$152.2M
net assets · Ln 32
Cash and savingsLn 1–2$110.0M
Total assetsLn 16$2.3B
LiabilitiesLn 26$2.2B
PeoplePt VI, VII
23
listed · VII A
PaidVII A7
Voting boardVI 1a7
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$177.6M
Investment incomeLn 3$3.2M
Gains on assetsLn 7$518K
Total revenueLn 12$180.8M
Assets in detailPt X, end of year
SavingsLn 2$110.0M
Cash and savings togetherLn 1–2$110.0M
InvestmentsLn 11–13$1.64B
Land, buildings, equipmentLn 10c$21K
Other assetsLn 15$0
Total assetsLn 16$2.3B
LiabilitiesLn 26$2.2B
Net assetsLn 32$152.2M
OperationsPt I, VI
EmployeesI 50
VolunteersI 66
Fiscal year endsHeaderDecember
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 FY24End FY24
Cash and savingsLn 1–2$42.2M$110.0M
InvestmentsLn 11–13$114.6M$1.64B
Land, buildings, equipmentLn 10c$0$21K
Total assetsLn 16$618.4M$2.30B
LiabilitiesLn 26$520.3M$2.15B
Net assetsLn 32$98.1M$152.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$1.1M$838K$256K
Other salaries and wagesLn 7$29.3M$25.0M$4.3M
Pension plan contributionsLn 8$1.3M$1.1M$195K
Other employee benefitsLn 9$4.3M$3.6M$639K
Payroll taxesLn 10$2.1M$1.7M$308K
Legal feesLn 11b$5K$5K
Accounting feesLn 11c−$60K−$60K
Other fees for servicesLn 11g$78.0M$76.3M$1.7M$0
Advertising and promotionLn 12−$153K−$130K−$23K
Office expensesLn 13$3K$3K$477
Information technologyLn 14−$352K−$299K−$53K
OccupancyLn 16$17K$15K$3K
TravelLn 17$227K$193K$34K
InterestLn 20$90.1M$90.1M
Depreciation, depletion and amortizationLn 22$7K$6K$996
InsuranceLn 23$79K$67K$12K
Other expenses (24a–d)Ln 24$98K$83K$15K
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$206.0M$198.6M$7.3M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $180.8M$206.0M−$25.2M$152.2M 990 PDF
FY2023 $19.6M$19.9M−$337K$98.1M 990 PDF
FY2022 $14.5M$15.3M−$865K$98.4M 990 PDF
FY2021 $13.7M$16.9M−$3.2M$102.1M 990 PDF
FY2020 $999K$4.3M−$3.3M$67.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $180,762,988 across 6 lines filed
Lines not itemized here account for $181,803 of total revenue; see the IRS return.
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $177,419,126$177,419,126
VIII-3 Investment incomeExcluded from tax $2,643,912$2,643,912
VIII-7 Net gain or loss on sales of assetsExcluded from tax $518,147$518,147
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $177,600,929 · Unrelated business $0 · Excluded from tax $3,162,059$180,762,988
Part IX · Statement of functional expenses $205,956,214 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $838,268 · Management $256,418$1,094,686
IX-7 Other salaries and wagesPrograms $24,994,693 · Management $4,302,340$29,297,033
IX-8 Pension plan contributionsPrograms $1,105,061 · Management $195,011$1,300,072
IX-9 Other employee benefitsPrograms $3,618,231 · Management $638,511$4,256,742
IX-10 Payroll taxesPrograms $1,744,388 · Management $307,833$2,052,221
IX-11b Legal feesManagement $4,605$4,605
IX-11c Accounting feesManagement −$60,000−$60,000
IX-11g Other fees for servicesPrograms $76,269,220 · Management $1,692,357 · Fundraising $0$77,961,577
IX-12 Advertising and promotionPrograms −$130,044 · Management −$22,949−$152,993
IX-13 Office expensesPrograms $2,701 · Management $477$3,178
IX-14 Information technologyPrograms −$299,193 · Management −$52,799−$351,992
IX-16 OccupancyPrograms $14,779 · Management $2,608$17,387
IX-17 TravelPrograms $192,665 · Management $34,000$226,665
IX-20 InterestPrograms $90,123,505$90,123,505
IX-22 Depreciation, depletion and amortizationPrograms $5,644 · Management $996$6,640
IX-23 InsurancePrograms $67,411 · Management $11,896$79,307
IX-24 Other expenses (24a–d)Programs $82,944 · Management $14,637$97,581
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $198,630,273 · Management $7,325,941 · Fundraising $0$205,956,214
Part X · Balance sheet $2,302,760,329 assets, 14 lines filed
Asset lines not itemized here account for $459,279,941; see the IRS return.
X-2 Savings and temporary cash investmentsStart of year $42,197,863$110,004,623
X-4 Accounts receivableStart of year $41,951$92,340,240
X-9 Prepaid expenses and deferred charges$906,446
X-10c Land, buildings and equipment, netStart of year $0$20,814
X-12 Other securitiesStart of year $0$31,224,184
X-13 Program-related investmentsStart of year $114,615,673$1,608,984,081
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $618,385,475$2,302,760,329
X-17 Accounts payable and accrued expensesStart of year $146,481,703$35,258,621
X-25 Other liabilitiesStart of year $373,806,834$2,115,334,205
X-26 Total liabilitiesStart of year $520,288,537$2,150,592,826
X-27 Net assets without donor restrictionsStart of year $98,096,938$152,167,503
X-32 Total net assets or fund balancesStart of year $98,096,938$152,167,503
X-33 Total liabilities and net assetsStart of year $618,385,475$2,302,760,329
Part XI · Reconciliation of net assets $152,167,503 net assets at year end
XI-1 Total revenue$180,762,988
XI-2 Total expenses$205,956,214
XI-3 Revenue less expenses−$25,193,226
XI-4 Net assets at start of year$98,096,938
XI-5 Net unrealized gains (losses) on investments$927,206
XI-9 Other changes in net assets$78,336,585
XI-10 Net assets at end of year$152,167,503

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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