Overview
What is Sharp Health Plan?
Sharp Health Plan, a San Diego-based nonprofit enterprise, has been serving the health needs of California residents since 1992. The organization, with a workforce of 288 employees, operates as a health maintenance organization and provides various managed health care services to promote community health. Sharp Health Plan offers commercial benefit plans for individuals, families, and businesses, striking a balance between affordability and choice. Members benefit from plan enhancements, including interactive wellness resources, dental discounts, nurse connection, and global emergency services. In addition to the individual marketplace and small business health options program, Sharp Health Plan was also selected to participate in Covered California. The mission of Sharp Health Plan extends beyond healthcare, supporting charitable and community-oriented programs within the Sharp Healthcare system.
Official website here: www.sharphealthplan.com
What are the reviews and ratings of this charity?
Sharp Health Plan does not currently have a rating on Charity Navigator. This is primarily because Sharp Health Plan is not registered as a 501(c)(3) nonprofit, which is a requirement for evaluation by Charity Navigator. Without this classification, the organization cannot be assessed through the standard methodologies such as Accountability & Finance, or Impact & Measurement.
The absence of a rating does not inherently reflect poorly on the organization; it simply means they fall outside the assessment criteria applied by Charity Navigator due to their classification. Such nonprofits may still function effectively, but their operational transparency and financial accountability through this specific lens remain unquantified.
Furthermore, because Sharp Health Plan is not rated, there is limited information available on their revenue, expenses, and salaries of key persons. Potential stakeholders might need to pursue alternative sources, like direct organizational disclosures, for a more comprehensive understanding of Sharp Health Plan’s effectiveness and financial practices. There are no user reviews available on GreatNonprofits to further provide insights into the organization's community impact or client satisfaction.
This AI summary has been generated from information found on Charity Navigator.
Is Sharp Health Plan legitimate?
Sharp Health Plan is a legitimate nonprofit organization registered as a 501(c)(4) entity. Sharp Health Plan 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: $2,908,142
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,185,856
For more financial information, click here
Official website here: www.sharphealthplan.com
What is the mission statement of Sharp Health Plan?
Sharp Health Plan is dedicated to enhancing the health and serving the community interests of California residents. Through theoperation of a health maintenance organization and the provision of managed health care services, the organization aims to make a positive impact on the lives of people in the community. Additionally, Sharp Health Plan supports the charitable and community-focused mission and programs of the wider Sharp Healthcare system. The organization conducts its business in accordance with the purposes of a nonprofit entity and the laws that govern such organizations.
Official website here: www.sharphealthplan.com
Who is the CEO of Sharp Health Plan?
Unavailable The CEO's salary of Sharp Health Plan is $967,667 and their total compensation is $991,142.
Official website here: www.sharphealthplan.com
What is the revenue of Sharp Health Plan?
Sharp Health Plan's revenue in 2022 was $918,722,197.
Official website here: www.sharphealthplan.com
Who are the executives of Sharp Health Plan and what are their salaries?
The average compensation at Sharp Health Plan during 2022 was $97,549. There are 288 employees at Sharp Health Plan.
Here are 16 key members and their salaries (Sharp Health Plan's CEO's salary is $967,667 and their total compensation is $991,142):
- Compensation: $0
- Related: $794,714
- Other: $27,707
- Compensation: $0
- Related: $2,399,076
- Other: $22,311
- Compensation: $967,667
- Related: $0
- Other: $23,475
- Compensation: $0
- Related: $1,293,772
- Other: $32,410
- Compensation: $0
- Related: $1,382,434
- Other: $22,433
- Compensation: $0
- Related: $646,897
- Other: $28,237
- Compensation: $0
- Related: $1,135,307
- Other: $16,888
- Compensation: $383,279
- Related: $0
- Other: $48,109
- Compensation: $562,958
- Related: $0
- Other: $33,052
- Compensation: $349,397
- Related: $0
- Other: $41,470
- Compensation: $357,100
- Related: $0
- Other: $38,915
- Compensation: $255,532
- Related: $0
- Other: $18,678
- Compensation: $376,793
- Related: $0
- Other: $30,521
- Compensation: $248,036
- Related: $0
- Other: $20,685
- Compensation: $224,941
- Related: $0
- Other: $35,717
- Compensation: $246,455
- Related: $0
- Other: $14,485
Official website here: www.sharphealthplan.com
Where can I find the form 990 for Sharp Health Plan?
Sharp Health Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sharphealthplan.com
Learn more at the official website: www.sharphealthplan.com
Mission Statement of Sharp Health Plan
Sharp Health Plan, a health maintenance organization based in California, is dedicated to promoting the health and serving the community interests of the state's residents. Through its operations, Sharp Health Plan aims to provide managed health care services that cater to the needs of the community. The organization's mission extends beyond just health care, as it also supports the charitable and community-oriented initiatives of Sharp Healthcare system.
In line with its commitment to the community, Sharp Health Plan engages in various activities. It operates a health maintenance organization to ensure that residents have access to quality health care services. Moreover, the organization provides other managed health care services that cater to the diverse needs of the population. By doing so, Sharp Health Plan contributes to the overall well-being of the community it serves.
Additionally, Sharp Health Plan is not limited to just health care services. It is authorized to transact all business that is lawful and consistent with its mission as a nonprofit organization. This means that the organization can engage in various initiatives that support the health and well-being of its community members, going beyond the scope of traditional health care services. Overall, Sharp Health Plan's mission is to promote health and serve the community interests of the residents of California, making a positive impact on their lives.
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Impact
October, 2024
Sharp Health Plan significantly enhances the health and well-being of residents in California, particularly in San Diego and Southern Riverside Counties. By providing a variety of affordable health insurance options, Sharp Health Plan ensures that individuals, families, and businesses have access to essential healthcare services. Their offerings not only promote affordability and choice but also emphasize the delivery of high-quality healthcare and personalized service.
Members benefit from enhancements such as interactive wellness resources, dental discounts, and access to the Sharp Nurse Connection, which fosters better health management. The plan's participation in Covered California's marketplaces further underscores its commitment to increasing access to health insurance for both individuals and small businesses.
Moreover, Sharp Health Plan's focus on community interests aligns its operations with broader health outcomes, aiming to address the specific needs of local populations. Its role as a health maintenance organization creates a supportive environment that promotes preventive care and wellness, ultimately contributing to healthier communities across the region.
This information is meant to be a general summary of Sharp Health Plan. 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: $3,783,340
- Program Service Revenue: $914,938,857
- Gross Receipts: $928,803,989
Assets and Liabilities:
- Total Assets: $266,652,371
- Total Liabilities: $104,198,675
- Net Assets: $162,453,696
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER GROUP PREMIUMS
Revenue
$914,887,178
PARTNERSHIP INCOME
Revenue
$51,679
Organization Details
Founding Year
1992
Phone
(858) 499-8391Main Address
8695 Spectrum Center Blvd, San Diego, CA, 921231489
Website
www.sharphealthplan.comNTEE Category
Code: E83 - Health
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