Florida Health Maintenance Organization Consumer Assistance
- Assets
- $10.0m
- Revenue
- $308.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Tallahassee, FL
- Founding
- 03/1991
- Data as of
- 12/2021
- EIN
- 59-2976036
Organization Overview
Florida Health Maintenance Organization Consumer Assistance, operating under the name Flhmocap, is located in Tallahassee, FL. The organization was established in 1991. According to its NTEE Classification (E31) the organization is classified as: Group Health Practices, 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. Flhmocap is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Flhmocap generated $308.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $252.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FLORIDA HMO CONSUMER ASSISTANCE PLAN'S PRIMARY PURPOSE IS TO PROTECT THE SUBSCRIBERS OF FLORIDA HMOS, SUBJECT TO LIMITATIONS, AGAINST THE FAILURE OF AN HMO
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HEALTH MAINTENANCE ORGANIZATION CONSUMER ASSISTANCE PLAN ASSISTS NON-MEDICARE, NON-MEDICAID SUBSCRIBERS OF AN INSOLVENT HMO BY PROVIDING OR ARRANGING FOR HMO COVERAGE FOR THE SUBSCRIBERS AFTER THE HMO INSOLVENCY. THERE HAVE NOT BEEN ANY HMO INSOLVENCIES THAT HAVE REQUIRED THE HEALTH MAINTENANCE ORGANIZATION CONSUMER ASSISTANCE PLAN TO BE ACTIVATED IN THE PAST FIVE YEARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Matthews Chairman | OfficerTrustee | 3 | $0 |
Sabin Bass Vice-Chair | OfficerTrustee | 3 | $0 |
David C Schandel Secretary/treasurer | OfficerTrustee | 3 | $0 |
Holly Prince Director | Trustee | 2 | $0 |
Jamie Forrest Director | Trustee | 2 | $0 |
Eric Johnson Director | Trustee | 2 | $0 |
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 | $227,973 |
| Investment income | $80,009 |
| 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 | $307,982 |
| 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 | $72,000 |
| Fees for services: Legal | $16,403 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,469 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $152,973 |
| Total functional expenses | $252,345 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,531 |
| Savings and temporary cash investments | $9,957,047 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,638 |
| 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 | $0 |
| Total assets | $10,030,216 |
| Accounts payable and accrued expenses | $6,708 |
| 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 | $0 |
| Total liabilities | $6,708 |
| Net assets without donor restrictions | $0 |
| 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 | $10,023,508 |
| Total liabilities and net assets/fund balances | $10,030,216 |
Peer Organizations
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|---|---|---|
Pediatric Specialty Group Inc Miami, FL | $0 | $58,299,031 |
Athens Regional Specialty Services Inc Athens, GA | $28,364,283 | $72,507,816 |
Hamilton Physician Group Inc Dalton, GA | $5,859,770 | $25,048,912 |
Archbold Medical Group Inc Thomasville, GA | $5,272,330 | $16,475,298 |
Alpha & Omega Health Care Providers Huntsville, AL | $43,378 | $327,346 |
Florida Health Maintenance Organization Consumer Assistance Tallahassee, FL | $10,030,216 | $307,982 |
Georgia Medical Group Administrators Inc Cornelia, GA | $132,096 | $270,900 |
Tennessee Medical Group Managers Association Birmingham, AL | $197,374 | $301,068 |
Medical Group Management Association Of Missouri Birmingham, AL | $154,219 | $168,302 |
Florida Medical Group Managers Association Inc Birmingham, AL | $83,280 | $157,430 |
Texas Medical Group Management Association Birmingham, AL | $40,315 | $0 |
Dr Irving S Cooper Family Foundation For The Advanced Naples, FL | $1,568,932 | $100,799 |