Healthfirst Health Plan Of New Jersey Inc

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

EIN: 510609967 ✦ New york, NY ✦ Designated as a 501(c)(4)

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Overview

What is Healthfirst Health Plan Of New Jersey Inc?

Healthfirst Health Plan of New Jersey Inc, located in New York City, is a nonprofit organization dedicated to improving the health of New Jersey's residents. Their primary focus is on offering affordable and quality health plans to eligible Medicare and Medicaid beneficiaries. The organization's mission is to promote community health by providing essential healthcare services, with a special emphasis on addressing the unique needs of these beneficiaries. Though no recent membership data is available, the organization's goal remains unchanged, ensuring the well-being of New Jersey's Medicare and Medicaid population.


Official website here: www.healthfirst.org

Is Healthfirst Health Plan Of New Jersey Inc legitimate?

Healthfirst Health Plan Of New Jersey Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Healthfirst Health Plan Of New Jersey 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.healthfirst.org

What is the mission statement of Healthfirst Health Plan Of New Jersey Inc?

Healthfirst Health Plan of New Jersey Inc's mission is centered around promoting the health of the community, specifically focusing on Medicaid and Medicare beneficiaries. The organization aims to arrange for the provision of essential healthcare services for these individuals. Furthermore, Healthfirst shows a commitment to alleviating the distress of the poor by addressing their unique health needs as Medicaid and Medicare beneficiaries. Prior to 2015, the company offered affordable and quality health plans to eligible Medicare recipients. However, as of December 1, 2014, the company ceased its Medicare operations and began a wind-down process to liquidate its operations.


Official website here: www.healthfirst.org

Who is the CEO of Healthfirst Health Plan Of New Jersey Inc?

Patricia J Wang is the President And Ceo of Healthfirst Health Plan Of New Jersey Inc. The CEO's salary of Healthfirst Health Plan Of New Jersey Inc is $0 and their total compensation is $4,584,870.


Official website here: www.healthfirst.org

What is the revenue of Healthfirst Health Plan Of New Jersey Inc?

Healthfirst Health Plan Of New Jersey Inc's revenue in 2022 was $20,755.


Official website here: www.healthfirst.org

Who are the executives of Healthfirst Health Plan Of New Jersey Inc and what are their salaries?


Here are 18 key members and their salaries (Healthfirst Health Plan Of New Jersey Inc's CEO's salary is $0 and their total compensation is $4,584,870):


Patricia J Wang (President And Ceo)
  • Compensation: $0
  • Related: $4,075,010
  • Other: $509,860
Steven H Black (Chief Operating Officer)
  • Compensation: $0
  • Related: $2,212,246
  • Other: $20,412
John J Bermel (Chief Financial Officer)
  • Compensation: $0
  • Related: $1,888,149
  • Other: $35,336
Gerald T Sweeney (Svp Chief Information Officer)
  • Compensation: $0
  • Related: $1,601,680
  • Other: $176,764
Sean Kane (Chief Hr Officer)
  • Compensation: $0
  • Related: $1,323,066
  • Other: $157,892
Jay A Schechtman (Chief Medical Officer)
  • Compensation: $0
  • Related: $1,301,217
  • Other: $149,783
Linda Tiano (Chief Legal Officer/Secretary)
  • Compensation: $0
  • Related: $1,299,672
  • Other: $138,813
Barbara Montresor (Svp Comm & Marketing)
  • Compensation: $0
  • Related: $1,006,154
  • Other: $119,759
Sheryl Markowitz (Executive Medical Director)
  • Compensation: $0
  • Related: $1,031,129
  • Other: $93,889
Deborah E Hammond (Vp, Medical Director)
  • Compensation: $0
  • Related: $648,576
  • Other: $22,275
Craig Barattin (Controller)
  • Compensation: $0
  • Related: $553,100
  • Other: $44,324
Anthony T Orlando (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Maron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Condit (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Daly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Forbes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Beatty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.healthfirst.org

Where can I find the form 990 for Healthfirst Health Plan Of New Jersey Inc?

Healthfirst Health Plan Of New Jersey Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.healthfirst.org

Learn more at the official website: www.healthfirst.org

Mission Statement of Healthfirst Health Plan Of New Jersey Inc

Healthfirst Health Plan of New Jersey Inc, with a mission to promote the health of the community, strives to arrange for the provision of healthcare services to Medicare and Medicaid beneficiaries. The organization's primary objective is to enhance the well-being of the residents of New Jersey by ensuring they have access to affordable and quality healthcare services. In doing so, Healthfirst Health Plan of New Jersey Inc also aims to alleviate the suffering of the poor and distressed by addressing the unique healthcare needs of Medicare and Medicaid beneficiaries. By providing these essential services, the nonprofit seeks to contribute to the overall health and welfare of the community. As of 2014, Healthfirst Health Plan of New Jersey Inc ceased its Medicare operations, marking a transition in its operations. However, its commitment to promoting health and well-being for the benefit of its beneficiaries remains unwavering.

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Impact




October, 2024

Healthfirst Health Plan Of New Jersey Inc. aimed to enhance the health of individuals in New Jersey by facilitating access to healthcare services for Medicare and Medicaid beneficiaries. Through the provision of affordable quality health plans, it sought to address the unique medical needs of these populations, particularly those who are financially disadvantaged.

However, as of December 31, 2014, the organization ceased its Medicare operations and transitioned into liquidation, leading to the suspension of its marketing as an insurer. This shift marked a significant change in its operational capacity and ability to positively impact the community it once served. The initiative that had focused on relieving the health care burdens of low-income individuals concluded, reducing the availability of tailored healthcare solutions for vulnerable populations in New Jersey.

As a result, while Healthfirst Health Plan of New Jersey once played a crucial role in promoting health equity and access, its winding down has left a gap in services for those who rely on Medicare and Medicaid support.




This information is meant to be a general summary of Healthfirst Health Plan Of New Jersey 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
$20,755 (2022)
Expenses
-$192,335 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $20,755
  • Gross Receipts: $20,755

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

2006

Principal Officer

Patricia J Wang

Main Address

100 Church Street Floor 18, New York, NY, 100072601

NTEE Category

Code: Z99 - Unknown

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