Healthfirst Health Plan of New Jersey Inc
- Assets
- $23.7m
- Revenue
- $41.5k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- Data as of
- 12/2021
- EIN
- 51-0609967
Organization Overview
Healthfirst Health Plan of New Jersey Inc, operating under the name Healthfirst Nj, is located in New York, NY. Healthfirst NJ 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE HEALTH OF THE PEOPLE OF THE STATE OF NEW JERSEY BY ARRANGING FOR THE PROVISION OF HEALTH CARE SERVICES TO MEDICARE AND MEDICAID BENEFICIARIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDICARE HEALTHFIRST HEALTH PLAN OF NEW JERSEY, INC. (HFNJ) PROVIDES AFFORDABLE QUALITY HEALTH PLANS TO ELIGIBLE MEDICARE RECIPIENTS. THERE WAS NO MEMBERSHIP REPORTED IN 2021. AS OF 12/31/2014, THE COMPANY CEASED ITS MEDICARE OPERATIONS. EFFECTIVE DECEMBER 1, 2014, THE COMPANY NO LONGER ACTIVELY MARKETS ITSELF AS AN INSURER AND BEGAN LIQUIDATION ACTIVITIES TO WIND-DOWN ITS OPERATION.
MEDICAID/NJFAMILYCARE HEALTHFIRST HEALTH PLAN OF NEW JERSEY, INC.(HFNJ) PROVIDES AFFORDABLE QUALITY HEALTH PLANS TO ELIGIBLE MEDICAID RECIPIENTS. FOR 2021 THERE WAS NO MEMBERSHIP REPORTED. AS OF JUNE 2014 THE COMPANY'S MEDICAID MEMBERSHIP WAS SOLD TO A 3RD PARTY AND THE COMPANY CEASED ITS MEDICAID OPERATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Barattin Controller Begin 1/1/2021 | OfficerTrustee | 1 | $0 |
Deborah E Hammond Vp, Medical Director | OfficerTrustee | 1 | $0 |
Patricia J Wang President And CEO | Officer | 1 | $0 |
John J Bermel Chief Financial Officer | Officer | 1 | $0 |
Steven H Black Chief Operating Officer | Officer | 1 | $0 |
Linda Tiano Chief Legal Officer/secretary | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Palisades Medical Center Medical/hospital | 12/30/17 | $552,831 |
Trinitas Regional Medical Center Medical/hospital | 12/30/17 | $291,253 |
East Orange General Hosptial Medical/hospital | 12/30/17 | $266,645 |
St Michael's Medical Center Medical/hospital | 12/30/17 | $215,153 |
Raritan Bay Medical Center Medical/hospital | 12/30/17 | $341,138 |
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 | $0 |
| Investment income | $41,504 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $41,504 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31 |
| Advertising and promotion | $0 |
| Office expenses | $17,594 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $112,894 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | -$172,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $23,685,039 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $137 |
| Total assets | $23,685,176 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,323,693 |
| Total liabilities | $5,323,693 |
| Net assets without donor restrictions | $18,361,483 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $23,685,176 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
156 West 106th Street Holding Corp New York, NY | $627,698 | $10,000,000 |
International Association Of Sheet Metal Air Rail & Transportation Parma, OH | $15,017,637 | $10,750,864 |
The Childrens Community Programs Of Connecticut Inc New Haven, CT | $7,550,094 | $11,086,259 |
Hospice Care In The Berkshires Inc Pittsfield, MA | $16,662,591 | $10,823,109 |
Manhattan Country School Inc New York, NY | $44,093,729 | $11,269,443 |
Catholic Charities Of Fairfield Bridgeport, CT | $9,651,392 | $11,217,776 |
Keren Hashviis Inc Lakewood, NJ | $9,961,423 | $20,140,768 |
North Hills Country Club Inc Manhasset, NY | $8,665,701 | $10,144,490 |
Feinstein Health Fund Inc Hauppauge, NY | $26,525,981 | $4,778,709 |
Jewish Family & Childrens Service Pittsburgh, PA | $22,894,637 | $12,787,096 |
International Brotherhood Of Elect Rical Workers Afl Cio Local Union Reading, PA | $13,723,869 | $11,802,055 |
Waterkeeper Alliance Inc New York, NY | $5,512,348 | $11,721,218 |