EMBLEMHEALTH INC Charity Report

Public IRS 990 nonprofit record

EMBLEMHEALTH INC

EIN 13-3941542 · Domestic Fraternal Societies (Y42)

What they do

EMBLEMHEALTH INC. SUPPORTS THE TAX-EXEMPT MISSION of HIPNY (SEE SCHEDULE O).EMBLEMHEALTH INC. OPERATES AS A HOLDING COMPANY THAT SUPPORTS THE TAX-EXEMPT HEALTHCARE MISSION of ITS SUPPORTED ORGANIZATION, HEALTH INSURANCE PLAN of GREATER NEW YORK.FORM 990, PART V, LINE 1A:EMBLEMHEALTH, INC. DOES NOT ISSUE ANY FORM 1099S. THE INDIVIDUALS LISTED IN THE FORM 990 PART VII WERE PAID BY RELATED ORGANIZATION, HEALTH INSURANCE PLAN of GREATER NEW YORK, THROUGH ITS DISREGARDED ENTITY, EMBLEMHEALTH SERVICES COMPANY, LLC. EMBLEMHEALTH SERVICES COMPANY, LLC ISSUED THE FORM 1099S to THE INDIVIDUALS BEING LISTED IN FORM 990 PART VII.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders17 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

100.00%of revenue went to mission work100.0% of expenses · Program services

$100.00spent for every $100 of revenueRevenue covered expenses this year.

$0.27in assets for every $1 spent this yearSome assets cannot be spent right away.

17.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $78,153 for KAREN IGNAGNI (CHIEF EXECUTIVE OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,212,007

Mission workProgram services$2,212,007100.00% of revenue100.0% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$2,212,007100.00% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 100.00% of revenue

2023Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 100.00% of revenue

2022Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 35.45% of revenue

2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingRevenue comparison unavailable

2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 257.60% of revenue

2019Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 196.74% of revenue

2018Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 100.00% of revenue

2017Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 100.00% of revenue

Money in and money out

Revenue$2,212,007

Expenses$2,212,007

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,212,007 · 100.0% of expenses

See all reported dollar amounts

Revenue$2,212,007

Expenses$2,212,007

Assets$587,253

Income$2,212,007

Contributions$378,587

Mission work (program services)$2,212,007

Grants given$994,636

Average grant$45,211

Executive compensation (total)$1,488,932

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KAREN IGNAGNICHIEF EXECUTIVE OFFICER · 2 hrs/week $78,153Base · Other $78,153

MICHAEL PALMATEERPRESIDENT · 1 hrs/week $71,690Base · Other $71,690

HEATHER TAMBORINOCHIEF FINANCIAL OFFICER · 1 hrs/week $55,070Base · Other $55,070

BERNARD SCHAYES MDDIRECTOR · 1 hrs/week $21,414Base · Other $21,414

RICHARD BERMANDIRECTOR · 1 hrs/week $5,298Base · Other $5,298

JOHN BANKS IIIDIRECTOR · 1 hrs/week $179Base · Other $179

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (17)

KAREN IGNAGNICHIEF EXECUTIVE OFFICER

MICHAEL PALMATEERPRESIDENT

HEATHER TAMBORINOCHIEF FINANCIAL OFFICER

BERNARD SCHAYES MDDIRECTOR

RICHARD BERMANDIRECTOR

JOHN BANKS IIIDIRECTOR

WAYNE CAFRANDIRECTOR

BARBARA SHATTUCK KOHNDIRECTOR

TOM CANTYDIRECTOR (AS OF 12/2024)

SAM HAVENSDIRECTOR

ROSA GIL DSWDIRECTOR

PAUL GIBSONVICE CHAIRPERSON OF THE BOARD

KATHY HIRATA CHINDIRECTOR

KARIN MAYHEWDIRECTOR

JOHN FEERICKCHAIRMAN

JO IVEY BOUFFORDDIRECTOR

GREGORY FLOYDDIRECTOR

About this charity

Recognized since: January 1997
Location: 55 WATER STREET TAX DEPT 9TH FL, NEW YORK, NY 10041
County: New York
In care of: HEATHER TAMBORINO
Primary officer: HEATHER TAMBORINO, CHIEF FINANCIAL OFFICER

How to reach them

WebsiteVisit the charity’s website Phone(646) 447-5000

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: GRANT THORNTON ADVISORS LLC
NTEE classification: Domestic Fraternal Societies (Y42)
IRS tax category: Domestic Fraternal Societies
Grant-giving organization: Yes