Texas Childrens Health Plan Inc
- Assets
- $1.2b
- Revenue
- $2.5b
- Investments
- $0.0
- Employees
- 806
- Location
- Bellaire, TX
- Founding
- 02/2005
- Data as of
- 12/2021
- EIN
- 76-0486264
Organization Overview
Texas Childrens Health Plan Inc is located in Bellaire, TX. The organization was established in 2005. According to its NTEE Classification (E31) the organization is classified as: Group Health Practices, under the broad grouping of Health Care and related organizations. As of 12/2021, Texas Childrens Health Plan Inc employed 806 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Childrens Health Plan Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Texas Childrens Health Plan Inc generated $2.5b in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $2.3b during the year ending 12/2021. While expenses have increased by 13.9% 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 CREATE A HEALTHIER FUTURE FOR CHILDREN AND WOMEN THROUGHOUT OUR GLOBAL COMMUNITY BY LEADING IN PATIENT CARE, EDUCATION, AND RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEXAS CHILDREN'S HEALTH PLAN'S (TCHP) PROGRAM SERVICE OBJECTIVE IS TO PROVIDE HEALTH CARE COVERAGE TO UNDERSERVED CHILDREN AND WOMEN WHO, WITHOUT MEDICAID, STAR, STAR KIDS, OR CHIP, WOULD NOT HAVE ACCESS TO AFFORDABLE HEALTH INSURANCE. TCHP PARTICIPATES IN MEDICAID, WHICH TARGETS CHILDREN UNDER 185-100% OF THE FEDERAL POVERTY LEVEL AND THE CHILDREN'S HEALTH INSURANCE PROGRAM, WHICH TARGETS CHILDREN BETWEEN 200-100% OF THE POVERTY LEVEL. TCHP WAS FOUNDED IN 1995 BY TEXAS CHILDREN'S HOSPITAL. TCHP IS THE NATION'S FIRST HEALTH MAINTENANCE ORGANIZATION CREATED JUST FOR CHILDREN. TCHP HAS A NETWORK OF 3267 PRIMARY CARE PROVIDERS, 16,916 SPECIALISTS, AND 324 HOSPITALS TO COVER KIDS, TEENS, PREGNANT WOMEN AND ADULTS. AS OF DECEMBER 31, 2021, TCHP HAD 547,225 MEMBERS. STAR: THE STATE OF TEXAS ACCESS REFORM (STAR) IS A MEDICAID PROGRAM OFFERED AT NO COST FOR CHILDREN UP TO AGE 21, SOME ADULTS AND PREGNANT WOMEN WHO CANNOT AFFORD HEALTH INSURANCE. AS OF DECEMBER 31, 2021, TCHP HAD 497,744 STAR MEMBERS. STAR KIDS: EFFECTIVE NOVEMBER 1, 2016, TCHP BEGAN OFFERING STAR KIDS, A NEW TEXAS MEDICAID MANAGED CARE PROGRAM THAT PROVIDES MEDICAID BENEFITS TO CHILDREN AND ADULTS 20 AND YOUNGER WHO HAVE DISABILITIES. STAR KIDS OFFERS REGULAR MEDICAID SERVICES ALONG WITH LONG-TERM SERVICES AND SUPPORTS (LTSS) WHICH INCLUDE THINGS LIKE HELP IN A HOME WITH BASIC DAILY ACTIVITIES AND HELP MAKING CHANGES TO A HOME SO THAT MEMBERS CAN MOVE AROUND SAFELY. AS OF DECEMBER 31, 2021, TCHP HAD 30,118 STAR KIDS MEMBERS. CHIP: THE CHILDREN'S HEALTH INSURANCE PROGRAM (CHIP) OFFERS LOW-COST HEALTH COVERAGE FOR CHILDREN FROM BIRTH THROUGH AGE 18. CHIP IS DESIGNED FOR FAMILIES WHO EARN TOO MUCH MONEY TO QUALIFY FOR MEDICAID BUT CANNOT AFFORD TO BUY PRIVATE HEALTH COVERAGE. AS OF DECEMBER 31, 2021, TCHP HAD 19,363 CHIP MEMBERS.
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 |
|---|---|---|---|
Name Not Listed Board Member / Executive Vice President / CFO | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Optuminsight Inc Consulting Services | 12/30/21 | $7,538,485 |
Norton Rose Fulbright Us Llp Business Law Services | 12/30/21 | $1,184,760 |
Health Management Systems Inc Healthcare It Services | 12/30/21 | $1,065,166 |
Protiviti Inc Consulting Services | 12/30/21 | $695,059 |
Bri 1833 6330 Llc Maintenance Services | 12/30/21 | $679,971 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $881,684 |
| 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 | $881,684 |
| Total Program Service Revenue | $2,478,103,885 |
| Investment income | $4,547,307 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $311,268 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,483,844,144 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $1,685,989,284 |
| Compensation of current officers, directors, key employees. | $3,752,588 |
| Compensation of current officers, directors, key employees. | $3,752,588 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,750,088 |
| Pension plan accruals and contributions | $2,764,978 |
| Other employee benefits | $7,372,706 |
| Payroll taxes | $4,520,702 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,282,515 |
| Fees for services: Accounting | $395,000 |
| Fees for services: Lobbying | $29,966 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $721,082 |
| Fees for services: Other | $20,888,546 |
| Advertising and promotion | $178,972 |
| Office expenses | $2,111,714 |
| Information technology | $192,943 |
| Royalties | $0 |
| Occupancy | $2,793,446 |
| Travel | $84,276 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $118,096 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $247,739 |
| Insurance | $261,596 |
| All other expenses | $28,637,952 |
| Total functional expenses | $2,345,636,586 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $271,295,044 |
| Savings and temporary cash investments | $7,086,561 |
| Pledges and grants receivable | $391,142 |
| Accounts receivable, net | $46,571,505 |
| 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 | $1,031,863 |
| Net Land, buildings, and equipment | $1,299,553 |
| Investments—publicly traded securities | $483,579,759 |
| Investments—other securities | $0 |
| Investments—program-related | $26,488,292 |
| Intangible assets | $0 |
| Other assets | $383,268,825 |
| Total assets | $1,221,012,544 |
| Accounts payable and accrued expenses | $763,413,278 |
| Grants payable | $0 |
| Deferred revenue | $10,961 |
| 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 | $246,884 |
| Total liabilities | $763,671,123 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $194,414,034 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $262,927,387 |
| Total liabilities and net assets/fund balances | $1,221,012,544 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Texas Childrens Health Plan Inc has recieved totaling $6,750.
| Awarding Organization | Amount |
|---|---|
Reach Out And Read Inc Boston, MA PURPOSE: ENCOURAGE READING | $6,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cook Childrens Health Plan Fort Worth, TX | $202,619,551 | $629,511,709 |
Louisiana State University Of Medicine In New Orleans New Orleans, LA | $104,356,475 | $190,992,492 |
Christus Pediatric Physician Group Irving, TX | $1,557,571 | $11,008,801 |
Arkansas Childrens Medical Group Pllc Little Rock, AR | $1,156,578 | $4,607,031 |
Oakbend Medical Group Richmond, TX | $1,150,694 | $8,079,659 |
Rapides Primary Health Care Center Inc Alexandria, LA | $9,968,797 | $5,149,204 |
Mclennan County Medical Education And Research Foundation Waco, TX | $2,333,884 | $3,504,277 |
Mission Doctors Group Mission, TX | $461,802 | $1,572,126 |
Childrens Medical Center Health Plan Dallas, TX | $46,883,176 | $4,939 |
Chandler Usa Inc Group Medical Plan Trust Chandler, OK | $369,032 | $2,669,298 |
Oklahoma Associaton Of Health Care Providers Oklahoma City, OK | $758,257 | $2,306,432 |
Umc El Paso Healthcare Inc El Paso, TX | $892,039 | $929,368 |