Tufts Associated Health Maintenance Organization Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042674079 ✦ Canton, MA ✦ Designated as a 501(c)(4)

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Overview

What is Tufts Associated Health Maintenance Organization Inc?

Tufts Associated Health Maintenance Organization Inc, founded in 1979, is a Massachusetts-based nonprofit organization renowned for its dedication to delivering innovative, top-tier health care coverage. With a mission to support evidence-based health and wellness strategies, Tufts Health Plan offers various health management programs for its members and employers. This organization stands out among its peers by partaking in the commercial, Medicare, and Medicaid/subsidized markets, ensuring coverage for individuals across all age groups and circumstances.


Official website here: www.tuftshealthplan.com

Is Tufts Associated Health Maintenance Organization Inc legitimate?

Tufts Associated Health Maintenance Organization Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Tufts Associated Health Maintenance Organization Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,815,887

For more financial information, click here


Official website here: www.tuftshealthplan.com

What is the mission statement of Tufts Associated Health Maintenance Organization Inc?

Tufts Associated Health Maintenance Organization Inc is a non-profit organization established in 1979, known for its dedication to providing innovative and quality health care coverage. The organization offers various health management programs that promote evidence-based approaches to health and wellness. Tufts Health Plan stands out as one of the few health plans in Massachusetts that serves the commercial, Medicare, and Medicaid/subsidized markets, ensuring coverage for individuals across all ages and circumstances. The mission of Tufts Associated Health Maintenance Organization Inc is to offer comprehensive health care solutions, prioritizing the well-being of its members.


Official website here: www.tuftshealthplan.com

Who is the CEO of Tufts Associated Health Maintenance Organization Inc?

Cain Hayes is the President & Ceo of Tufts Associated Health Maintenance Organization Inc. The CEO's salary of Tufts Associated Health Maintenance Organization Inc is $0 and their total compensation is $1,513,553.


Official website here: www.tuftshealthplan.com

What is the revenue of Tufts Associated Health Maintenance Organization Inc?

Tufts Associated Health Maintenance Organization Inc's revenue in 2022 was $3,001,930,351.


Official website here: www.tuftshealthplan.com

Who are the executives of Tufts Associated Health Maintenance Organization Inc and what are their salaries?

The average compensation at Tufts Associated Health Maintenance Organization Inc during 2022 was $50,587. There are 708 employees at Tufts Associated Health Maintenance Organization Inc.


Here are 33 key members and their salaries (Tufts Associated Health Maintenance Organization Inc's CEO's salary is $0 and their total compensation is $1,513,553):


Cain Hayes (President & Ceo)
  • Compensation: $0
  • Related: $2,440,620
  • Other: $335,990
Michael Carson (Former President)
  • Compensation: $0
  • Related: $2,220,842
  • Other: $0
Umesh Kurpad (Cfo)
  • Compensation: $0
  • Related: $1,495,153
  • Other: $197,450
Derek Abruzzese (Svp, Corp Strategy (End 4/15))
  • Compensation: $0
  • Related: $1,573,814
  • Other: $56,051
Thomas Croswell (Former Ceo)
  • Compensation: $0
  • Related: $1,500,205
  • Other: $13,348
Tisa Hughes (Clerk/Secr;Chief Legal Officer)
  • Compensation: $0
  • Related: $1,189,371
  • Other: $119,513
Michael Sherman Md (Chief Medical Officer)
  • Compensation: $0
  • Related: $1,114,767
  • Other: $167,305
Philip Barr (Evp, President, Markets)
  • Compensation: $0
  • Related: $1,074,785
  • Other: $165,727
Mark Porter (Svp, Chief Accounting Officer)
  • Compensation: $0
  • Related: $1,045,332
  • Other: $161,168
Tracey Carter (Svp, Chief Actuary)
  • Compensation: $0
  • Related: $1,035,246
  • Other: $161,767
Pete Church (Chief People Officer)
  • Compensation: $0
  • Related: $1,013,577
  • Other: $169,588
Patricia Blake (Svp, President Medicare)
  • Compensation: $0
  • Related: $991,394
  • Other: $156,126
Kristin Lewis (Former Officer)
  • Compensation: $0
  • Related: $816,127
  • Other: $142,929
Jean Yang (Former Officer)
  • Compensation: $0
  • Related: $711,295
  • Other: $54,355
Patricia Howard (Chief Operations Officer)
  • Compensation: $0
  • Related: $614,901
  • Other: $127,646
Roland Price (Treasurer)
  • Compensation: $0
  • Related: $541,488
  • Other: $110,632
Susan Kee (Former Asst. Clerk)
  • Compensation: $0
  • Related: $528,322
  • Other: $61,012
Marc Spooner (Former Coo)
  • Compensation: $0
  • Related: $499,935
  • Other: $0
Joyce Murphy (Director, Chair (End 6/7))
  • Compensation: $0
  • Related: $89,000
  • Other: $0
Eileen Auen (Director, Chair (Start 6/7))
  • Compensation: $0
  • Related: $77,625
  • Other: $0
Michael J Mccolgan (Director)
  • Compensation: $0
  • Related: $73,000
  • Other: $0
Michael Shea (Director)
  • Compensation: $0
  • Related: $71,500
  • Other: $0
Gregory D Tranter (Dir, Vice Chair (Vc End 6/7))
  • Compensation: $0
  • Related: $68,500
  • Other: $0
Hedwig Veith Whitney (Director)
  • Compensation: $0
  • Related: $68,500
  • Other: $0
Myechia Minter-Jordan Md (Director)
  • Compensation: $0
  • Related: $65,500
  • Other: $0
Bertram L Scott (Director)
  • Compensation: $0
  • Related: $62,375
  • Other: $0
Todd Whitbeck (Director)
  • Compensation: $0
  • Related: $62,000
  • Other: $0
Greg Shell (Dir, Vice Chair (Vc Start 6/7))
  • Compensation: $0
  • Related: $61,000
  • Other: $0
Irina Simmons (Director)
  • Compensation: $0
  • Related: $60,000
  • Other: $0
Raymond Pawlicki (Director)
  • Compensation: $0
  • Related: $59,000
  • Other: $0
Scott Hartz (Director (End 6/7))
  • Compensation: $0
  • Related: $47,000
  • Other: $0
Thomas O'Neill Iii (Director (End 6/7))
  • Compensation: $0
  • Related: $36,000
  • Other: $0
Peter Slavin Md (Director (Start 8/22))
  • Compensation: $0
  • Related: $7,334
  • Other: $0


Official website here: www.tuftshealthplan.com

Where can I find the form 990 for Tufts Associated Health Maintenance Organization Inc?

Tufts Associated Health Maintenance Organization Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tuftshealthplan.com

Learn more at the official website: www.tuftshealthplan.com

Mission Statement of Tufts Associated Health Maintenance Organization Inc

Tufts Associated Health Maintenance Organization Inc, a nonprofit established in 1979, is renowned for its dedication to delivering innovative and high-quality health care coverage. Headquartered in Massachusetts, this organization goes beyond the typical health plan, offering members and employers a selection of health management programs. These initiatives promote evidence-based approaches to health and wellness, ensuring comprehensive support across the life span, regardless of age or circumstances.

Tufts Health Plan's mission is to make a difference in people's lives by providing access to essential health services. By participating in the commercial, Medicare, and Medicaid/subsidized markets, the organization ensures that a diverse range of individuals has access to affordable and reliable health care coverage. This commitment to inclusivity translates into a more comprehensive community health solution, recognizing that everyone deserves access to quality care.

The organization's approach is not limited to simple coverage; Tufts Health Plan supports its members through various health management programs. These programs are designed to promote preventative care, empowering individuals to take control of their health and well-being. By fostering a culture of health and wellness, Tufts Health Plan aims to create an environment where people can live their best lives. Through its unwavering commitment to innovation and service, Tufts Associated Health Maintenance Organization Inc continues to set the standard for health care in the communities it serves.

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Impact




October, 2024

Tufts Associated Health Maintenance Organization Inc plays a significant role in the healthcare landscape by providing comprehensive health coverage and management programs that cater to a wide range of populations. Founded in 1979 and based in Canton, Massachusetts, it is known for its innovative approach to healthcare and its commitment to quality.

The organization offers a diverse array of health management programs that emphasize evidence-based practices, promoting wellness and preventive care among its members. By participating in various markets, including commercial, Medicare, and Medicaid/subsidized programs, Tufts Health Plan ensures that individuals of all ages and circumstances have access to essential health services.

This focus on accessibility and comprehensive care significantly impacts public health by improving health outcomes, reducing disparities, and enhancing the overall quality of life for its members. The organization’s commitment to supporting individuals through tailored health programs not only fosters healthier communities but also contributes to a more efficient healthcare system in Massachusetts.




This information is meant to be a general summary of Tufts Associated Health Maintenance Organization Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,001,930,351 (2022)
Expenses
$2,996,373,090 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $38,322,801
  • Program Service Revenue: $2,963,623,714
  • Gross Receipts: $3,585,404,201

Assets and Liabilities:

  • Total Assets: $1,252,410,168
  • Total Liabilities: $540,676,607
  • Net Assets: $711,733,561

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

COMMERCIAL

Revenue

$1,081,877,362

MEDICARE

Revenue

$1,613,877,891

MEDICAID

Revenue

$261,872,910

MEDICARE COMPLEMENT

Revenue

$5,995,551

Organization Details

Founding Year

1979

Principal Officer

Cain Hayes

Main Address

1 WELLNESS WAY, CANTON, MA, 020211166

NTEE Category

Code: E83 - Health

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