Overview
What is Guildnet Inc?
Guildnet Inc, located in New York City, New York, is a nonprofit organization primarily focused on managing long-term health plans. Initially offering Managed Long-Term Health (MLTC), Fully Insured Dual Advantage (FIDA), and Medicaid Advantage Plus (MAP), they ceased providing partially capitated services in all New York counties in 2018. Consequently, their members were transferred to other managed long-term care plans. As of 2022, Guildnet Inc is in the process of winding down, with revenue derived from prior year management adjustments. Despite the wind-down, the corporation remains operational until the process is completed.
Official website here: www.lighthouseguild.org
Is Guildnet Inc legitimate?
Guildnet Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Guildnet 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: $0
For more financial information, click here
Official website here: www.lighthouseguild.org
What is the mission statement of Guildnet Inc?
Guildnet Inc, in its mission, offered Managed Long-Term Health (MLTC) plans, Fully Insured Dual Advantage (FIDA), and Medicaid Advantage Plus (MAP). However, due to certain reasons, the company discontinued its services and is currently in the process of winding down. Previously, in 2018, Guildnet received approval from the New York State Department of Health to cease providing partially capitated services in all New York counties. As a result, its members were transferred to other managed long-term care plans. Guildnet is continuing with the wind-down process and is expected to remain operational until its completion. The revenue incurred in the year ending December 31, 2022, was primarily due to prior-year management adjustments. Unfortunately, there is no readily available information about the company's original mission statement before the discontinuation of services.
Official website here: www.lighthouseguild.org
Who is the CEO of Guildnet Inc?
Lauren Doody is the President & Ceo of Guildnet Inc. The CEO's salary of Guildnet Inc is $0 and their total compensation is $129,925.
Official website here: www.lighthouseguild.org
What is the revenue of Guildnet Inc?
Guildnet Inc's revenue in 2022 was $1,123,453.
Official website here: www.lighthouseguild.org
Who are the executives of Guildnet Inc and what are their salaries?
There 8 volunteers at Guildnet Inc.
Here are 26 key members and their salaries (Guildnet Inc's CEO's salary is $0 and their total compensation is $129,925):
- Compensation: $0
- Related: $1,109,475
- Other: $57,872
- Compensation: $0
- Related: $497,898
- Other: $22,853
- Compensation: $0
- Related: $421,364
- Other: $42,059
- Compensation: $0
- Related: $312,128
- Other: $55,022
- Compensation: $0
- Related: $245,099
- Other: $21,891
- Compensation: $0
- Related: $208,940
- Other: $38,653
- Compensation: $0
- Related: $212,486
- Other: $25,393
- Compensation: $0
- Related: $173,002
- Other: $57,480
- Compensation: $0
- Related: $182,284
- Other: $33,444
- Compensation: $0
- Related: $191,349
- Other: $24,306
- Compensation: $0
- Related: $197,429
- Other: $16,499
- Compensation: $0
- Related: $142,111
- Other: $58,131
- Compensation: $0
- Related: $127,302
- Other: $52,127
- Compensation: $0
- Related: $125,079
- Other: $50,543
- Compensation: $0
- Related: $133,889
- Other: $40,916
- Compensation: $0
- Related: $110,368
- Other: $44,760
- Compensation: $0
- Related: $94,773
- Other: $35,152
- Compensation: $0
- Related: $54,628
- Other: $17,605
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lighthouseguild.org
Where can I find the form 990 for Guildnet Inc?
Guildnet Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lighthouseguild.org
Learn more at the official website: www.lighthouseguild.org
Mission Statement of Guildnet Inc
Guildnet Inc, a managed long-term care health plans provider, had a mission to offer Managed Long-Term Health (MLTC) plans, Fully Insured Dual Advantage (FIDA), and Medicaid Advantage Plus (MAP). The organization aimed to provide comprehensive healthcare services, focusing on long-term care and catering to individuals who required such services. However, Guildnet Inc discontinued its services across all service areas in 2018, and its members were transferred to other managed long-term care plans. As of now, Guildnet Inc is in the process of winding down its operations, with the corporation expected to remain open until the winding-down is completed. Despite ceasing its operations, the revenue incurred in 2022 was due to prior-year management adjustments.
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Impact
October, 2024
Guildnet Inc had a significant impact on the managed long-term care landscape in New York. By providing Managed Long-Term Care (MLTC) plans, including Fully Insured Dual Advantage (FIDA) and Medicaid Advantage Plus (MAP), it offered vital health services to individuals needing long-term care.
In 2018, Guildnet transitioned its operations by discontinuing partially capitated services across all counties in New York. This decision ultimately led to the transfer of its members to other managed long-term care plans, ensuring that continuity of care was maintained during a critical period for those relying on these services.
As Guildnet winds down its operations, the focus remains on a seamless transition for its members, highlighting its commitment to healthcare accessibility and service quality until the completion of this process. Overall, Guildnet's influence in the managed care sector is marked by its adaptability and responsiveness to the regulatory landscape, effectively supporting members' health needs through strategic partnerships even as it phases out its own services.
This information is meant to be a general summary of Guildnet 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $366
- Program Service Revenue: $1,120,178
- Gross Receipts: $1,123,453
Assets and Liabilities:
- Total Assets: $7,353,992
- Total Liabilities: $116,456,225
- Net Assets: -$109,102,233
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RETROSPECTIVE PREMIUMS
Revenue
$1,120,178
Organization Details
Founding Year
1999
Phone
(212) 769-6200Principal Officer
Lauren Doody
Main Address
250 West 64th Street, New York, NY, 10023
Website
www.lighthouseguild.orgNTEE Category
Code: E31 - Health
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