Florida Association Of Health Plans Inc
- Assets
- $813.1k
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 6
- Location
- Tallahassee, FL
- Founding
- 12/1997
- Data as of
- 12/2021
- EIN
- 65-0598901
Organization Overview
Florida Association Of Health Plans Inc is located in Tallahassee, FL. The organization was established in 1997. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 12/2021, Florida Association Of Health Plans Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Association Of Health Plans Inc 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, Florida Association Of Health Plans Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 4.4% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVOCATE ON BEHALF OF MANAGED HEALTH CARE PLANS IN FLORIDA
Describe the Organization's Program Activity:
Part 3 - Line 4a
INFORMED HEALTH PLAN MEMBERS OF LEGISLATIVE MANDATES AND OTHER POLICY ISSUES, THE DATES AND PROCEDURES FOR IMPLEMENTATION OF SAID POLICIES, AND THEIR EFFECT ON THE DELIVERY OF MANAGED CARE IN FLORIDA.
HOSTED ANNUAL CONFERENCE TO PROVIDE EDUCATION AND NETWORKING OPPORTUNITIES TO MANAGED CARE PLAN ADMINISTRATORS AND STAFF
PROVIDED ACTUARIAL DATA TO THE AGENCY FOR HEALTH CARE ADMINISTRATION DETAILING THE TRUE COSTS OF THE MEDICAID MANAGED CARE PROGRAM IN FLORIDA. CREATED COMMITTEES OF HEALTH PLAN EXPERTS TO BRING ISSUES TO THE ATTENTION OF REGULATORY AGENCIES AND LEGISLATORS CONCERNING EXECCSIVE DRUG COSTS, PHYSICIAN REIMBURSEMENT RATES AND OTHER COST CONTROL MEASURES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Audrey Brown Pres/ceo | Officer | 40 | $352,368 |
Wences Troncoso Vp-Commercial Operations | Officer | 40 | $222,187 |
Paul Runk Vp-Medicare Operations | Officer | 40 | $115,002 |
Brooke Tiner Director | Trustee | 5 | $0 |
Jeff Tindall Director | Trustee | 5 | $0 |
Michael Lawton Director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Corcoran & Johnson Governmental Consulting | 12/30/21 | $101,563 |
Capital City Consulting Governmental Consulting | 12/30/21 | $122,076 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,729,500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,734,500 |
| Total Program Service Revenue | $573,550 |
| Investment income | $4,724 |
| 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 | $2,312,774 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $39,250 |
| 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. | $761,318 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $92,464 |
| Pension plan accruals and contributions | $77,410 |
| Other employee benefits | $71,534 |
| Payroll taxes | $43,208 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,300 |
| Fees for services: Accounting | $46,370 |
| Fees for services: Lobbying | $259,939 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $137,080 |
| Advertising and promotion | $114,134 |
| Office expenses | $4,555 |
| Information technology | $12,237 |
| Royalties | $0 |
| Occupancy | $74,255 |
| Travel | $103,205 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $564,097 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,546 |
| Insurance | $5,017 |
| All other expenses | $0 |
| Total functional expenses | $2,491,345 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $129,284 |
| Savings and temporary cash investments | $608,092 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,300 |
| 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 | $57,303 |
| Net Land, buildings, and equipment | $14,115 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,000 |
| Total assets | $813,094 |
| Accounts payable and accrued expenses | $175,606 |
| Grants payable | $0 |
| Deferred revenue | $7,500 |
| 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 | $183,106 |
| Net assets without donor restrictions | $629,988 |
| 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 | $813,094 |
Grants Awarded
Over the last fiscal year, Florida Association Of Health Plans Inc has awarded $25,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: LITERACY | $10,000 |
Tallahassee, FL PURPOSE: DEVELOPMENT | $10,000 |
NASSAU EDUCATION FOUNDATION PURPOSE: EDUCATION | $5,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hamilton Health Care System Inc Dalton, GA | $145,238,251 | $25,063,501 |
Jay Hospital Inc Pensacola, FL | $3,574,214 | $13,196,115 |
Columbus Regional Healthcare System Inc Columbus, GA | $140,523,783 | $3,389,845 |
Gwinnett Medical Group Inc Atlanta, GA | $0 | $5,888,799 |
Northeast Florida Health Services Inc Deland, FL | $5,252,844 | $10,727,539 |
Saint Josephs Health System Inc Atlanta, GA | $191,737,988 | $19,576,654 |
Community Health Corporation Sarasota, FL | $16,466,586 | $10,162,637 |
Baptist Health System Inc Birmingham, AL | $221,068,420 | $14,965,128 |
Foundation For A Healthy St Petersburg Inc St Petersburg, FL | $167,608,325 | $8,878,473 |
Baptist Health Properties Inc Jacksonville, FL | $119,152,906 | $9,788,818 |
Coastal Health Systems Of Brevard Inc Rockledge, FL | $8,057,581 | $9,003,462 |
Live Well Foundation Of South Lake Clermont, FL | $165,195,594 | $16,473,467 |