Ryder Health Plan INC FY2020 filing

Tax-deductible

Humacao, PR501(c)(3)Since 1984Health CareEIN 66-0407821Revenue $1.9M in FY2020

On file with the IRS353 Ave Font Martelo, 00791-3225 · Humacao, PRTax-exempt since Jul 1985Publicly supported charity — 170(b)(1)(A)(vi)

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Providing comprehensive health care services on a prepaid and at a low cost to subscribers

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$45K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · 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
1 of 6
filings with a surplus
Average deficit $298K a year · 21% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$45K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 7.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$832K
45% of total assets
Looks good: liabilities are 45% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.9M
Spent
$1.7M
To programs
80%
Net assets
$1.0M
By yearFY2020–FY2025
Revenue
$1.9M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.9M
FY2021$1.6M
FY2022$1.4M
FY2023$1.2M
FY2024$1.3M
FY2025$1.2M
Expenses
$1.7M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.7M
FY2021$1.6M
FY2022$1.8M
FY2023$2.1M
FY2024$1.7M
FY2025$1.5M
Net assets
$1.0M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.0M
FY2021$1.0M
FY2022$535K
FY2023$53K
FY2024$820K
FY2025$855K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
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 Jul 1985.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $1.3M Management & general 20% · $325K

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

16 people listed on the 990; $45K paid to officers and key staff.

Part VII, Section A · reportable compensation
$44,932Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Juan De La Rosa Medina’s $51K as Admin. Direc is at the 5th percentile of top reported officer pay among 3129 $1–10M 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 · 1 named individual · Part VII

NameFY2022FY2021FY2020
Juan De La Rosa Medina$51,225$47,771$44,932

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

Offers affordable, prepaid healthcare services to subscribers.

Questions for Ryder Health Plan INC

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Provided by the organization

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1 program · $1.3M · in their own filed words · FY2020
01

Ryder health plan, inc. (the plan) was created for the purpose of providing comprehensive health care services on a prepaid basis and for the purpose of establishing and operating organized health maintenance and health care delivery systems.

$1.3Mprogram expense

Funders

Who pays for it.

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

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.9M
Ln 12
Fees for servicesLn 2g$1.9M
Other incomeLn 4–11$14K
Investment incomeLn 3$7K
Money outPt IX
$1.7M
Ln 25
Programscol B$1.3M
Managementcol C$325K
Owns and owesPt X
$1.0M
net assets · Ln 32
Cash and savingsLn 1–2$964K
Total assetsLn 16$1.9M
LiabilitiesLn 26$832K
PeoplePt VI, VII
16
listed · VII A
PaidVII A1
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.9M
Investment incomeLn 3$7K
Other incomeLn 4–11$14K
Total revenueLn 12$1.9M
Assets in detailPt X, end of year
CashLn 1$613K
SavingsLn 2$352K
Cash and savings togetherLn 1–2$964K
Land, buildings, equipmentLn 10c$4K
Other assetsLn 15$604K
Total assetsLn 16$1.9M
LiabilitiesLn 26$832K
Net assetsLn 32$1.0M
OperationsPt I, VI
EmployeesI 52
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$791K$964K
Land, buildings, equipmentLn 10c$4K$4K
Total assetsLn 16$1.7M$1.9M
LiabilitiesLn 26$854K$832K
Net assetsLn 32$820K$1.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$45K$45K
Other salaries and wagesLn 7$72K$72K
Pension plan contributionsLn 8$4K$4K
Other employee benefitsLn 9$5K$5K
Payroll taxesLn 10$11K$11K
Other fees for servicesLn 11g$1.4M$1.3M$92K
Advertising and promotionLn 12$5K$5K
Office expensesLn 13$5K$5K
Depreciation, depletion and amortizationLn 22$3K$3K
Other expenses (24a–d)Ln 24$83K$83K
Total functional expensesLn 25$1.7M$1.3M$325K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.2M$1.5M−$275K$855K 990 PDF
FY2024 $1.3M$1.7M−$406K$820K 990 PDF
FY2023 $1.2M$2.1M−$877K$53K 990 PDF
FY2022 $1.4M$1.8M−$422K$535K 990 PDF
FY2021 $1.6M$1.6M−$19K$1.0M 990 PDF
FY2020 Viewing $1.9M$1.7M$209K$1.0M 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 FY2020 990 (6 parts)
Part I · Summary $1,872,206 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $1,842,593$1,850,868
I-10 Investment incomePrior year $5,637$6,860
I-11 Other revenuePrior year $8,986$14,478
I-12 Total revenuePrior year $1,857,216$1,872,206
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $146,622$137,709
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,565,373$1,525,192
I-18 Total expensesPrior year $1,711,995$1,662,901
I-19 Revenue less expensesPrior year $145,221$209,305
Part VI · Governance 14 of 14 board members independent, 2 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,872,206 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,850,868$1,850,868
VIII-3 Investment incomeRelated to mission $6,860$6,860
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $14,478$14,478
VIII-12 Total revenueRelated to mission $1,872,206$1,872,206
Part IX · Statement of functional expenses $1,662,901 across 10 lines filed
IX-5 Pay of current officers, directors and key staffManagement $44,932$44,932
IX-7 Other salaries and wagesManagement $71,859$71,859
IX-8 Pension plan contributionsManagement $4,500$4,500
IX-9 Other employee benefitsManagement $4,985$4,985
IX-10 Payroll taxesManagement $11,433$11,433
IX-11g Other fees for servicesPrograms $1,337,944 · Management $91,674$1,429,618
IX-12 Advertising and promotionManagement $4,648$4,648
IX-13 Office expensesManagement $5,374$5,374
IX-22 Depreciation, depletion and amortizationManagement $2,526$2,526
IX-24 Other expenses (24a–d)Management $83,026$83,026
IX-25 Total functional expensesPrograms $1,337,944 · Management $324,957 · Fundraising $0$1,662,901
Part X · Balance sheet $1,862,026 assets, 14 lines filed
Asset lines not itemized here account for $142,370; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $441,056$612,519
X-2 Savings and temporary cash investmentsStart of year $349,897$351,832
X-4 Accounts receivableStart of year $145,882$146,150
X-9 Prepaid expenses and deferred chargesStart of year $7,314$731
X-10c Land, buildings and equipment, netStart of year $4,058$4,086
X-15 Other assetsStart of year $604,481$604,338
X-16 Total assetsStart of year $1,674,784$1,862,026
X-17 Accounts payable and accrued expensesStart of year $234,141$216,372
X-19 Deferred revenueStart of year $20,345$16,051
X-25 Other liabilitiesStart of year $600,000$600,000
X-26 Total liabilitiesStart of year $854,486$832,423
X-27 Net assets without donor restrictionsStart of year $820,298$1,029,603
X-32 Total net assets or fund balancesStart of year $820,298$1,029,603
X-33 Total liabilities and net assetsStart of year $1,674,784$1,862,026
Part XI · Reconciliation of net assets $1,029,603 net assets at year end
XI-1 Total revenue$1,872,206
XI-2 Total expenses$1,662,901
XI-3 Revenue less expenses$209,305
XI-4 Net assets at start of year$820,298
XI-10 Net assets at end of year$1,029,603

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

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