MVP HEALTH PLAN INC Charity Report

Public IRS 990 nonprofit record

MVP HEALTH PLAN INC

EIN 14-1640868 · Health (General & Financing) (E80)

What they do

IMPROVING HEALTH. PROVIDING PEACE of MIND. SERVING UPSTATE NY and VT COMMUNITIES INCLUDING THEIR NY MEDICAID, CHIP, HARP, ESSENTIAL PLAN, MEDICARE & EXCHANGE POPULATIONS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $92.20 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 leaders25 people are listed in the latest report.

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

Money made simple

92.41%of revenue went to mission work92.2% of expenses · Program services

$100.24spent for every $100 of revenueSpending was higher than revenue this year.

7.83%of revenue went to management and office costs7.8% of expenses

$0.28in assets for every $1 spent this yearSome assets cannot be spent right away.

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.

Worth asking: Expenses exceeded revenue by $7,730,900 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $1,773,547 for CHRISTOPHER DEL VECCHIO (PRESIDENT & CEO). 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$3,163,426,147

Mission workProgram services$2,923,351,15192.41% of revenue92.2% of expenses

ManagementOffice and general costs$247,805,8967.83% of revenue7.8% of expenses

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

Total expenses$3,171,157,047100.24% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 92.2% mission · 7.8% management · 0.0% fundraisingTotal expenses: 100.24% of revenue

2023Expense mix: 91.8% mission · 8.2% management · 0.0% fundraisingTotal expenses: 99.61% of revenue

2022Expense mix: 92.4% mission · 7.6% management · 0.0% fundraisingTotal expenses: 98.37% of revenue

2021Expense mix: 92.3% mission · 7.7% management · 0.0% fundraisingTotal expenses: 100.69% of revenue

2020Expense mix: 91.9% mission · 8.1% management · 0.0% fundraisingTotal expenses: 99.09% of revenue

2019Expense mix: 92.1% mission · 7.9% management · 0.0% fundraisingTotal expenses: 99.31% of revenue

2018Expense mix: 92.3% mission · 7.7% management · 0.0% fundraisingTotal expenses: 98.60% of revenue

2017Expense mix: 92.4% mission · 7.6% management · 0.0% fundraisingTotal expenses: 97.84% of revenue

Money in and money out

Revenue$3,163,426,147

Expenses$3,171,157,047

Annual shortfall $7,730,900 Expenses were higher than revenue for this filing year.

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)$2,923,351,151 · 92.2% of expenses

Management and office costs$247,805,896 · 7.8% of expenses

See all reported dollar amounts

Revenue$3,163,426,147

Expenses$3,171,157,047

Assets$875,342,477

Income$3,287,038,004

Mission work (program services)$2,923,351,151

Grants given$6,936,512

Average grant$20,223

Management and general$247,805,896

Stocks and bonds$151,100,889

Accounting fees$972,229

Investing fees$407,478

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

CHRISTOPHER DEL VECCHIOPRESIDENT & CEO · 29 hrs/week $1,773,547Base $1,727,707 · Other $45,840

KARLA AUSTENCFO/TREASURER · 29 hrs/week $656,914Base $623,350 · Other $33,564

DOMINICK BIZZARROCHIEF GROWTH OFFICER (THRU 06/24) · 30 hrs/week $596,244Base $557,712 · Other $38,532

DEBORAH BRUNDAGECHIEF MARKETING & SALES OFFICER · 32 hrs/week $535,988Base $491,761 · Other $44,227

MICHAEL DELLA VILLACHIEF DIGITAL & INFORMATION OFFICER · 29 hrs/week $535,716Base $493,287 · Other $42,429

MARGARET WALLINGFORDDIR, CLINICAL INNOVATIONS (THRU 09/24) · 31 hrs/week $531,547Base $509,902 · Other $21,645

CATHERINE BUHLER CLANCYCHIEF OPERATIONS OFFICER · 27 hrs/week $522,152Base $477,677 · Other $44,475

CARL CAMERONCHIEF MEDICAL OFFICER (THRU 08/24) · 27 hrs/week $510,761Base $473,353 · Other $37,408

LAURIE METHENYCHIEF CUSTOMER EXPERIENCE OFFICER · 28 hrs/week $476,508Base $436,683 · Other $39,825

AMY HARLOWCHIEF TALENT OFFICER · 29 hrs/week $461,146Base $439,906 · Other $21,240

EMILY TITSWORTH - CHIEFLEGAL OFFICER & GENERAL COUNSEL · 29 hrs/week $444,069Base $399,304 · Other $44,765

JASON MEROLACHIEF MEDICAL OFFICER · 27 hrs/week $407,721Base $358,527 · Other $49,194

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 (25)

CHRISTOPHER DEL VECCHIOPRESIDENT & CEO

KARLA AUSTENCFO/TREASURER

DOMINICK BIZZARROCHIEF GROWTH OFFICER (THRU 06/24)

DEBORAH BRUNDAGECHIEF MARKETING & SALES OFFICER

MICHAEL DELLA VILLACHIEF DIGITAL & INFORMATION OFFICER

MARGARET WALLINGFORDDIR, CLINICAL INNOVATIONS (THRU 09/24)

CATHERINE BUHLER CLANCYCHIEF OPERATIONS OFFICER

CARL CAMERONCHIEF MEDICAL OFFICER (THRU 08/24)

LAURIE METHENYCHIEF CUSTOMER EXPERIENCE OFFICER

AMY HARLOWCHIEF TALENT OFFICER

EMILY TITSWORTH - CHIEFLEGAL OFFICER & GENERAL COUNSEL

JASON MEROLACHIEF MEDICAL OFFICER

AUGUSTA MARTIN - VP STRATEGICPROVIDER ENGAGEMENT & CARE MGMT.

JAMES HOPSICKERVP, HEALTH & PHARMACY MANAGEMENT

EVERETT PATTERSONVP, COMMERCIAL & MEDICAL SALES

RICHARD DAL COL - PRESIDENTHEALTH MGMT & STRATEGY (AS OF 04/24)

ALAN GOLDBERGCHAIRMAN

RICHARD DASCOLIVICE CHAIR

CURTIS LLOYDDIRECTOR

LINDSAY FARRELLDIRECTOR

MENG-LING HSIAODIRECTOR

WILLIAM PHELANDIRECTOR

KEVIN OCONNORDIRECTOR

JAMES K REEDDIRECTOR (AS OF 01/24)

BURT DANOVITZDIRECTOR

About this charity

Recognized since: January 1984
Location: 625 STATE STREET, SCHENECTADY, NY 12305
County: Schenectady
In care of: KARLA AUSTEN
Primary officer: KARLA AUSTEN, CFO/TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(518) 388-2357 Officer phone(518) 427-4600

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: GRANT THORNTON ADVISORS LLC
NTEE classification: Health (General & Financing) (E80)
IRS tax category: Health (General & Financing)
Grant-giving organization: Yes