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Utmb Health Plans Inc

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

EIN: 760480012 ✦ Galveston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Utmb Health Plans Inc?

Utmb Health Plans Inc, situated in Galveston, Texas, is a nonprofit organization with a primary mission to support the University of Texas Medical Branch (UTMB) in fulfilling its objectives of education, research, and patient care. To achieve this, Utmb Health Plans Inc operates a Medicare Select insurance program, which serves as a Medicare supplemental policy for residents of Galveston County. This program is integral to the patient care aspect of UTMB's mission. The organization's activities primarily focus on HMO and managed care contracting for UTMB hospitals and clinics, as well as other necessary and appropriate healthcare providers, thereby extending UTMB's capacity to deliver healthcare services effectively.


Official website here: www.utmb.edu/choiceone-select

Is Utmb Health Plans Inc legitimate?

Utmb Health Plans Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Utmb Health Plans 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: $17,606
Professional Fundraising Fees: $0
Other Salaries and Wages: $130,020

For more financial information, click here


Official website here: www.utmb.edu/choiceone-select

What is the mission statement of Utmb Health Plans Inc?

Utmb Health Plans Inc was established with the purpose of supporting the University of Texas Medical Branch at Galveston in fulfilling its mission of education, research, and patient care. A significant part of this mission involves the maintenance of a Medicare Select insurance program. This Medicare supplemental policy is designed for residents of Galveston County, aiming to contribute to the fulfillment of the patient care aspect of the University's mission.


Official website here: www.utmb.edu/choiceone-select

Who is the CEO of Utmb Health Plans Inc?

Jennifer B Sarpalius is the Chair, Sole of Utmb Health Plans Inc.


Official website here: www.utmb.edu/choiceone-select

What is the revenue of Utmb Health Plans Inc?

Utmb Health Plans Inc's revenue in 2022 was $519,428.


Official website here: www.utmb.edu/choiceone-select

Who are the executives of Utmb Health Plans Inc and what are their salaries?


Here are 9 key members and their salaries:


Ben Raimer Md (Chair, Sole)
  • Compensation: $0
  • Related: $710,609
  • Other: $25,552
Charles Mouton Md (Vice Chair)
  • Compensation: $0
  • Related: $1,171,007
  • Other: $103,063
David C Gruener (President An)
  • Compensation: $0
  • Related: $572,057
  • Other: $7,173
C Aaron Lemay (Treasurer)
  • Compensation: $0
  • Related: $345,365
  • Other: $59,726
Rebecca B Korenek (Director)
  • Compensation: $0
  • Related: $1,039,307
  • Other: $104,166
Cheryl A Sadro (Former Treas)
  • Compensation: $0
  • Related: $306,616
  • Other: $108,922
Anish Bhardwaj Md (Former Vice)
  • Compensation: $0
  • Related: $842,073
  • Other: $5,124
David Connaughton (Former Pres)
  • Compensation: $0
  • Related: $298,720
  • Other: $6,844
Maria L Gonzalez (Secetary)
  • Compensation: $0
  • Related: $86,201
  • Other: $2,628


Official website here: www.utmb.edu/choiceone-select

Where can I find the form 990 for Utmb Health Plans Inc?

Utmb Health Plans Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.utmb.edu/choiceone-select

Learn more at the official website: www.utmb.edu/choiceone-select

Mission Statement of Utmb Health Plans Inc

Utmb Health Plans Inc was established with a primary objective of assisting the University of Texas Medical Branch at Galveston in fulfilling its mission of education, research, and patient care. A significant part of this mission involves providing patient care, which includes maintaining a Medicare Select insurance program. Utmb Health Plans Inc offers a Medicare supplemental policy, known as Medicare Select, which is accessible to residents of Galveston County. This insurance program is designed to support individuals in managing their healthcare needs, contributing to the overall patient care mission of Utmb Health Plans Inc.

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Impact




October, 2024

Utmb Health Plans Inc plays a crucial role in supporting the University of Texas Medical Branch (UTMB) in its commitment to education, research, and patient care. By maintaining a Medicare Select insurance program, it enhances access to healthcare for residents of Galveston County, ensuring that seniors have supplemental insurance options to complement their Medicare coverage.

The organization is instrumental in providing HMO and managed care contracting for UTMB hospitals and clinics, facilitating a seamless integration of services that supports efficient patient care. This structured approach not only benefits individuals seeking medical attention but also bolsters the overall healthcare infrastructure in the region, enhancing the quality and consistency of care provided by UTMB.

Through its efforts, Utmb Health Plans Inc significantly contributes to the well-being of the community, promoting health equity and improving healthcare outcomes while fulfilling its broader mission of supporting educational and research initiatives within the medical branch.




This information is meant to be a general summary of Utmb Health Plans 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
$519,428 (2022)
Expenses
$429,304 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $194,642
  • Program Service Revenue: $324,786
  • Gross Receipts: $519,428

Assets and Liabilities:

  • Total Assets: $6,472,415
  • Total Liabilities: $84,124
  • Net Assets: $6,388,291

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Programs

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

MANAGED CARE

Revenue

$324,786

Organization Details

Founding Year

2000

Principal Officer

Jennifer B Sarpalius

Main Address

301 UNIVERSITY BOULEVARD RT 0109, GALVESTON, TX, 775550109

NTEE Category

Code: E210 - Health

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