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Point32Health Inc

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

EIN: 814089215 ✦ Canton, MA ✦ Designated as a 501(c)(4)

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Overview

What is Point32Health Inc?

Point32Health Inc, as per the provided information, is a nonprofit organization that plays a significant role in the Tufts Health Plan enterprise. Its primary function is to oversee and approve strategic planning for various entities within this health plan network, including TAHMO and THPP. The organization operates with the sole purpose of promoting social welfare, aiming to benefit and serve its intended population effectively. However, the specific activities and initiatives undertaken by Point32Health Inc are not detailed in the provided information and are mentioned as "See Schedule O."


Official website here: www.point32health.org

Is Point32Health Inc legitimate?

Point32Health Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Point32Health 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.point32health.org

What is the mission statement of Point32Health Inc?

Point32Health Inc, as described in its mission statement, primarily focuses on overseeing and approving strategic planning for various entities within the Tufts Health Plan enterprise. This includes TAHMO and THPP. The company's purpose, as stated, is to operate exclusively for the promotion of social welfare, aiming to fulfill its functions and benefits for an undisclosed group. While the information provided is limited, it suggests that Point32Health Inc is committed to contributing to social welfare through its strategic planning and oversight roles.


Official website here: www.point32health.org

Who is the CEO of Point32Health Inc?

Cain Hayes is the President & Ceo of Point32Health Inc. The CEO's salary of Point32Health Inc is $0 and their total compensation is $1,513,553.


Official website here: www.point32health.org

What is the revenue of Point32Health Inc?

Point32Health Inc's revenue in 2022 was -$13,473,446.


Official website here: www.point32health.org

Who are the executives of Point32Health Inc and what are their salaries?


Here are 32 key members and their salaries (Point32Health 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
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.point32health.org

Where can I find the form 990 for Point32Health Inc?

Point32Health Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.point32health.org

Learn more at the official website: www.point32health.org

Mission Statement of Point32Health Inc

Point32Health Inc, as detailed in the provided information, is primarily engaged in overseeing and approving strategic planning for various entities within the Tufts Health Plan enterprise. Among these entities are TAHMO and THPP. The organization's primary purpose, as stated, is to operate for the promotion of social welfare. In essence, Point32Health Inc serves to carry out functions that contribute positively to the community's well-being. This mission is not explicitly defined in terms of specific programs or services, but it is clear that the organization plays a role in guiding and directing the activities of the entities it oversees towards the betterment of society.

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Impact




October, 2024

Point32Health Inc plays a significant role in enhancing social welfare through its comprehensive healthcare initiatives. It oversees the strategic planning and operational functions of various entities within the Tufts Health Plan enterprise, including TAHMO and THPP. By providing governance and direction, Point32Health ensures that these entities align with broader goals focused on improving health outcomes for the community.

The organization's commitment to promoting social welfare is reflected in its mission, which emphasizes the importance of health access and quality care. By fostering collaboration among its various divisions, Point32Health is able to innovate and adapt healthcare solutions to meet the evolving needs of populations it serves. Its efforts contribute not only to the wellbeing of individuals but also to the overall health landscape in the communities of Canton, MA, and beyond.




This information is meant to be a general summary of Point32Health 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
-$13,473,446 (2022)
Expenses
$1,246,725 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,105,733

Assets and Liabilities:

  • Total Assets: $2,458,191,290
  • Total Liabilities: $185,311
  • Net Assets: $2,458,005,979

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Organization Details

Founding Year

2016

Principal Officer

Cain Hayes

Main Address

1 WELLNESS WAY, CANTON, MA, 02021

NTEE Category

Code: E05 - Health

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