Texas Association Of Health Plans Inc
- Assets
- $2.6m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 8
- Location
- Austin, TX
- Founding
- 05/1988
- Data as of
- 06/2021
- EIN
- 74-2448002
Organization Overview
Texas Association Of Health Plans Inc is located in Austin, TX. The organization was established in 1988. 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 06/2021, Texas Association Of Health Plans Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas 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 06/2021, Texas Association Of Health Plans Inc generated $4.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $4.5m during the year ending 06/2021. While expenses have increased by 8.6% per year over the past 6 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 IMPROVE HEALTH CARE FOR ALL TEXANS BY SERVING AS AN EFFECTIVE ADVOCATE FOR VALUE, ACCESS, QUALITY OF CARE AND SOUND PUBLIC POLICY IN THE ADMINISTRATION OF HEALTH CARE BENEFITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONFERENCE:TO ENCOURAGE, PROMOTE AND ADVANCE THE HEALTH PLAN PROVIDERS IN THE STATE OF TEXAS THROUGH THE HOSTING OF AN ANNUAL CONFERENCE. THIS CONFERENCE IS A GATHERING OF REPRESENTATIVES FROM HEALTH PLANS IN THE STATE IN ORDER TO PROVIDE EDUCATION AND INDUSTRY UPDATES.
TCA-CVO PROJECT: TO REDUCE CREDENTIALING BURDENS FOR ALL TEXAS PROVIDERS WITH TEXAS MEDICAL ASSOCIATION AND HHSC CONTRACTED MANAGED CARE ORGANIZATIONS. APERTURE CREDENTIALING LLC WAS SELECTED TO MANAGE A STATEWIDE CREDENTIALING VERIFICATION ORGANIZATION CONTRACT USED BY ALL MEDICAID AND CHIP MCOS IN TEXAS TO STREAMLINE THE PROVIDER CREDENTIALING PROCESS. THE INITIATIVE FULFILLS THE LONG-TIME, MUTUAL GOAL OF HELPING REDUCE ADMINISTRATIVE BARRIERS AND COSTS.
TAHC/PR CAMPAIGN:TEXANS FOR AFFORDABLE HEALTHCARE IS AN ADVOCACY EFFORT HIGHLIGHTING THE NEED TO ADDESS THE HEALTHCARE COST CRISIS IN TEXAS, WHICH IS LARGELY DRIVEN BY SURPRISE BILLING, FREESTANDING EMERGENCY ROOMS, AND PRESCRIPTION DRUG PRICES.
OTHER PROGRAMS INCLUDE:MEDICAL DIRECTOR'S CONFERENCE - EXPENSES ARE $-2,300 AND REVENUES ARE $70,000. ORGANIZE QUARTERLY EDUCATIONAL MEETINGS FOR HEALTH PLAN DIRECTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie Dudensing Redmon Executive Director | 40 | $368,250 | |
Jason Baxter Director | 40 | $185,000 | |
Lauretta Vanhoose Director | 40 | $179,167 | |
Patti Doner Director | 40 | $115,000 | |
Amanda Hudgens Director | 40 | $102,000 | |
Alicia Pierce Director | Trustee | 40 | $58,963 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wakely Consulting Group Llc Actuarial Consulting Services | 6/29/21 | $213,573 |
Greenberg Traurig Llp Law Firm | 6/29/21 | $137,500 |
Harris Media Llc Digital Advertising And Creative Agency | 6/29/21 | $210,283 |
Melissa A Eason Law Firm | 6/29/21 | $120,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,825,083 |
| 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 | $1,825,083 |
| Total Program Service Revenue | $2,748,562 |
| Investment income | $707 |
| 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 | $4,574,352 |
| 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. | $433,250 |
| Compensation of current officers, directors, key employees. | $433,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $670,943 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $91,063 |
| Payroll taxes | $70,446 |
| Fees for services: Management | $0 |
| Fees for services: Legal | -$600 |
| Fees for services: Accounting | $13,700 |
| Fees for services: Lobbying | $353,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $297,860 |
| Advertising and promotion | $0 |
| Office expenses | $36,691 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $121,898 |
| Travel | $784 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $47,257 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,904 |
| Insurance | $4,281 |
| All other expenses | $68,457 |
| Total functional expenses | $4,516,435 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,164,196 |
| Savings and temporary cash investments | $87,402 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $656,835 |
| 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 | $52,358 |
| Net Land, buildings, and equipment | $74,400 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $528,833 |
| Total assets | $2,564,024 |
| Accounts payable and accrued expenses | $579,618 |
| Grants payable | $0 |
| Deferred revenue | $1,022,200 |
| 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 | $231,645 |
| Total liabilities | $1,833,463 |
| 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 | $730,561 |
| Total liabilities and net assets/fund balances | $2,564,024 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lafayette Health Ventures Inc Lafayette, LA | $10,029,024 | $12,281,846 |
Community Health Centers Of South Central Texas Inc Gonzales, TX | $17,235,238 | $18,835,061 |
Chc Community Care Llc Plano, TX | $5,322,582 | $13,837,033 |
Syncronys Albuquerque, NM | $9,036,705 | $15,296,549 |
Rapides Foundation Alexandria, LA | $365,841,423 | $25,364,820 |
Saint Francis Health System Inc Tulsa, OK | $37,392,012 | $15,628 |
Chc Community Llc Plano, TX | $6,687,879 | $11,017,370 |
Chc Community Care Llc Plano, TX | $4,042,357 | $11,175,634 |
Community Hospital Corporation Plano, TX | $19,373,473 | $9,167,067 |
Chc Community Care Llc Plano, TX | $3,933,299 | $11,176,815 |
Mercy Health Oklahoma Communities Inc Oklahoma City, OK | $77,124,396 | $15,351,305 |
Chi St Vincent Hot Springs Hot Springs, AR | $140,495,256 | $2,941,051 |