Sharp Health Plan

Organization Overview

Sharp Health Plan is located in San Diego, CA. The organization was established in 1995. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sharp Health Plan is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 09/2023, Sharp Health Plan generated $968.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $946.0m during the year ending 09/2023. While expenses have increased by 5.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Sharp Health Plan has awarded 48 individual grants totaling $10,551,973. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE THE HEALTH AND TO SERVE THE COMMUNITY INTERESTS OF THE RESIDENTS OF CALIFORNIA, BY OPERATION OF THE HEALTH MAINTENANCE ORGANIZATION AND BY THE PROVISION OF OTHER MANAGED HEALTH CARE SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

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. SHARP HEALTH PLAN OFFERS A VARIETY OF HEALTH INSURANCE OPTIONS FOR INDIVIDUALS, FAMILIES AND BUSINESSES THAT COMBINE AFFORDABILITY AND CHOICE, WHILE DELIVERING HIGH QUALITY HEALTH CARE AND PERSONAL SERVICE. MEMBERS HAVE ACCESS TO VALUABLE PLAN ENHANCEMENTS, SUCH AS INTERACTIVE WELLNESS RESOURCES, DENTAL DISCOUNTS, SHARP NURSE CONNECTION AND OUR EXCLUSIVE GLOBAL EMERGENCY SERVICES PROGRAM. IN 2013, SHARP HEALTH PLAN WAS SELECTED AS ONE OF 13 HEALTH PLANS TO PARTICIPATE IN COVERED CALIFORNIA'S INDIVIDUAL MARKETPLACE AND ONE OF SIX HEALTH PLANS TO PARTICIPATE IN COVERED CALIFORNIA'S SMALL BUSINESS HEALTH OPTIONS PROGRAM ("SHOP") MARKETPLACE FOR SMALL BUSINESSES. SEE COMMUNITY BENEFITS REPORT SUMMARY ON SCHEDULE O.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Secretary, Interim Treasurer
$0
Name Not Listed
Chairman
$0
Name Not Listed
Vice Chair, President & Ceo-Shp
$0
Name Not Listed
Treasurer Thru 07/01/2023
$0
Name Not Listed
Director, Evp Chief Operating Officer Shc
$0
Name Not Listed
Chief Medical Info Officer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sharp Memorial Hospital
Medical Services
$266,825,948
Sharp Community Medical Group Sd
Medical Services
$115,304,093
Rady Children's Hospital Sd
Medical Services
$20,771,240
Sharp Rees Stealy Medical Group
Medical Services
$202,154,482
Palomar Health
Medical Services
$27,580,565
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$957,502,839
Investment income $7,400,355
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,231,856
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $968,135,050

Grants Awarded

Over the last fiscal year, Sharp Health Plan has awarded $4,025,625 in support to 3 organizations.

Grant RecipientAmount

GIRL SCOUTS SDIMP COUNCIL INC

PURPOSE: Sponsorship

$15,000

SAN DIEGO FOOD BANK

PURPOSE: Sponsorship

$5,625

SHARP HEALTHCARE FOUNDATION

PURPOSE: DONATION

$4,005,000
View Grant Profile

Peer Organizations

Organization NameAssets
Sharp Health Plan
San Diego, CA
$968,135,050
Oregon Dental Service
Portland, OR
$608,509,040
Intercommunity Health Network
Corvallis, OR
$511,690,571
Hometown Health Plan Inc
Reno, NV
$361,781,786
Hawaii Dental Service
Honolulu, HI
$252,385,095
Usc Health System
Los Angeles, CA
$3,068,040
Ochin Inc
Portland, OR
$202,940,837
Inter Valley Health Plan Inc
Pomona, CA
$180,339,944
Arizona Dental Insurance Service Inc
Scottsdale, AZ
$161,501,573
Community Health Group
Chula Vista, CA
$147,962,011
Asante Physician Partners
Medford, OR
$78,692,705
Greater Oregon Behavioral Health Inc
The Dalles, OR
$79,181,758
St Francis Community Health Services
Honolulu, HI
$27,533,562
Toiyabe Indian Health Project Inc
Bishop, CA
$23,873,578
Banner Health Insurance Group Inc
Phoenix, AZ
$5,618,281
Nevada Life & Health Insurance Guaranty Association
Roseville, CA
$16,510,931
Project Access Now
Portland, OR
$10,192,620
Community Clinic Association Of Los Angeles County
Los Angeles, CA
$9,646,683
Medic Mobile Inc
San Francisco, CA
$4,825,157
Agc Health Benefit Trust Fund
Wilsonville, OR
$7,942,725
St James Infirmary
Las Vegas, NV
$6,751,187
Lanai Community Health Center
Lanai City, HI
$6,616,173
Labor-Management Universal Health Benefits Employee Tr 010194
Covina, CA
$5,874,715
Healthie Nevada
Las Vegas, NV
$4,813,907
Community Health Initiative Napa County Inc
Napa, CA
$5,453,718

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