NonprofitsHealth Insurance Plan Of Greater New York

Health Care

Health Insurance Plan Of Greater New York

NEW YORK, NY

Total revenue

$4.7B

Total expenses

$4.7B

Net assets

$391.5M

Grants received

$616K

2 grants

EIN

131828429

Tax year

2024

Mission

Hipgny's mission is to create healthier futures for its customers (continued on schedule o)

Programs

2 programs

Medicaid - hipgny served approximately 254,000 medicaid members. Hip has been servicing the medicaid population since 1967 (with the passage of federal legislation authorizing this program) and has an extensive program in place to encourage preventive medical care.

Expenses: $1.3B

Medicare - hipgny served approximately 47,000 medicare members through its medicare risk and cost contract programs.

Expenses: $782.3M

Financials

FY 2024

Revenue

Contributions & grants$913K
Program service revenue$4.7B
Investment income$7.8M
Other revenue
Total revenue$4.7B

Expenses

Grants paid$168K
Salaries & benefits$178.0M
Fundraising
Other expenses$4.6B
Total expenses$4.7B
Total assets$2.3B
Net assets$391.5M

People

29 listed

NameRoleCompensation

KAREN IGNAGNI

CHIEF EXECUTIVE OFFICER

Board

$5.2M

35 hrs/wk

MICHAEL PALMATEER

PRESIDENT

Board

$3.2M

35 hrs/wk

HEATHER TAMBORINO

CHIEF FINANCIAL OFFICER

Board

$2.5M

35 hrs/wk

JEFFREY CHANSLER

CHIEF LEGAL OFFICER

Board

$1.4M

35 hrs/wk

THOMAS MACMILLAN

CHIEF OPERATING OFFICER

Board

$1.4M

35 hrs/wk

NAVARRA RODRIGUEZ

CEO/PRESIDENT, ACPNY

Board

$1.3M

35 hrs/wk

WILLIAM VOIGT

CHIEF HUMAN RESOURCES OFFICER

Board

$1.2M

35 hrs/wk

GEORGE BABITSCH

SVP, LABOR & GOVERNMENTAL MARKETS

Board

$1.1M

35 hrs/wk

DEBRA LIGHTNER

CHIEF COMPLIANCE OFFICER

Board

$1.0M

35 hrs/wk

RICHARD H DAL COL

CHIEF MEDICAL OFFICER (THRU 04/2024)

Board

$951K

35 hrs/wk

ABDOU BAH

SVP, MEDICAL MGMT & CHIEF HEALTH EQ.

Board

$799K

35 hrs/wk

MICHAEL COSTA

SVP, PROVIDER NETWK & POP. HEALTH

Board

$755K

35 hrs/wk

PRIYANK PANDEY

SVP, CHIEF CUSTOMER OFFICER

Board

$708K

35 hrs/wk

CHARLOTTE THOMAS

SVP, COMMERCIAL PRODUCT STRATEGY

Board

$696K

35 hrs/wk

BRANDON RIFF

VP, ACTUARY

Board

$498K

35 hrs/wk

CORY ORZAK

CHIEF ACTUARY (AS OF 02/2024)

Board

$345K

35 hrs/wk

LAUREN CLANCY AS OF 032024

AVP, CORPORATE SECRETARY

Board

$304K

35 hrs/wk

JOHN FEERICK

CHAIRMAN

Board

$173K

2 hrs/wk

RICHARD BERMAN

DIRECTOR

Board

$150K

2 hrs/wk

WAYNE CAFRAN

DIRECTOR

Board

$146K

2 hrs/wk

BERNARD SCHAYES MD

DIRECTOR

Board

$133K

2 hrs/wk

JOHN H BANKS III

DIRECTOR

Board

$120K

2 hrs/wk

DANIEL KNECHT

CHIEF MEDICAL OFFICER (AS OF 12/24)

Board

$21K

35 hrs/wk

GREGORY FLOYD

DIRECTOR

Board

2 hrs/wk

RUSSELL HEID

VP, CONTROLLER (ENTERPRISE)

Staff

$580K

40 hrs/wk

MICAH J HORTON

VP, ENTERPRISE FINANCE

Staff

$580K

40 hrs/wk

SETH CRAWFORD

VP, ENTERPRISE UNDERWRITING

Staff

$577K

40 hrs/wk

CARLOS MANALANSAN

VP, DEPUTY GENERAL COUNSEL

Staff

$543K

40 hrs/wk

HOWARD L WEISS

VP, GOVERNMENT AFFAIRS

Staff

$543K

40 hrs/wk

Independent contractors

COGNIZANT HEALTHCARE SERVICES LLC

HEALTHCARE CONSULTING

$78.2M

THE SOURCING GROUP LLC

BUSINESS SOLUTIONS

$17.7M

ACCENTURE LLP

CONSULTING

$14.4M

SALESFORCECOM INC

MARKETING SERVICES

$9.4M

CONVERGEONE INC

INFORMATION TECHNOLOGY SERVICES

$6.7M

Grants received

Showing 2 of 2

FromAmountPurposeYear
$379K
GENERAL SUPPORT
2024
$237K
GENERAL SUPPORT
2023

Funded by

$616K from 1 funder · 2 grants · 2023–2024

Emblemhealth Inc

$616K · 2 grants · 2023–2024

Details

EIN131828429
NTEE codeE320
Subsection04
Ruling date2004-02
Formed1944
Employees2095
Volunteers0
HEALTH INSURANCE PLAN OF GREATER NEW YORK — Mission, Financials & Grants Received | Grantivo