VIRGINIA PREMIER HEALTH PLAN INC Charity Report

Public IRS 990 nonprofit record

VIRGINIA PREMIER HEALTH PLAN INC

EIN 54-1760974

What they do

SEE SCHEDULE OVIRGINIA PREMIER HEALTH PLAN is COMMITTED to ENSURING OUR MEMBERSRECEIVE THE HIGHEST QUALITY MEDICAL SERVICES FROM OUR PHYSICIANS,HOSPITALS, and OTHER HEALTH CARE PROVIDERS. THROUGH OPERATIONALEXCELLENCE, OUR DEDICATED TEAM PROMOTES MEMBER-FOCUSED SERVICES, FOSTERS STRONG PROVIDER RELATIONSHIPS and SHIFTS MORE of OUR FINANCIAL RESOURCES to HEALTH CARE SERVICES. OUR GOAL is to IMPROVE THE HEALTH STATUS of OUR MEMBERSHIP. GUIDING VALUES and PRINCIPLES:- SERVE and SUPPORT THE VIRGINIA MEDICAID and MEDICARE ELIGIBLE POPULATION.- MEET THE HEALTH CARE NEEDS of OUR MEMBERS.- EMPOWER OUR MEMBERS THROUGH EDUCATION and MEMBER-FOCUSED SERVICES.- SUPPORT DOCTOR/PATIENT RELATIONSHIPS BY FOSTERING STRONG PROVIDER RELATIONSHIPS.- EFFECTIVELY INTEGRATE MANAGED CARE ADMINISTRATION and HEALTH CARE SERVICES.- ABIDE BY ALL ETHICAL STANDARDS and DEMONSTRATE INTEGRITY and QUALITY IN ALL BUSINESS PRACTICES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $97.90 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 2023The report may be old. Ask for a newer one.

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

They name their leaders20 people are listed in the latest report.

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

Money made simple

93.36%of revenue went to mission work97.9% of expenses · Program services

$95.38spent for every $100 of revenueRevenue covered expenses this year.

2.02%of revenue went to management and office costs2.1% of expenses

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 $124,188 for EARL J BARNES II (SECRETARY). 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 2023

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$1,454,607,152

Mission workProgram services$1,358,093,57593.36% of revenue97.9% of expenses

ManagementOffice and general costs$29,364,6882.02% of revenue2.1% of expenses

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

Revenue left after expensesReported annual surplus$67,148,8894.62% of revenueShown in gray on the chart

Total expenses$1,387,458,26395.38% 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

2023CurrentExpense mix: 97.9% mission · 2.1% management · 0.0% fundraisingTotal expenses: 95.38% of revenue

2022Expense mix: 98.6% mission · 1.4% management · 0.0% fundraisingTotal expenses: 96.00% of revenue

2021Expense mix: 98.5% mission · 1.5% management · 0.0% fundraisingTotal expenses: 96.49% of revenue

2020Expense mix: 98.3% mission · 1.7% management · 0.0% fundraisingTotal expenses: 98.38% of revenue

2019Expense mix: 97.6% mission · 2.4% management · 0.0% fundraisingTotal expenses: 89.32% of revenue

2018Expense mix: 96.4% mission · 3.6% management · 0.0% fundraisingTotal expenses: 103.25% of revenue

2017Expense mix: 96.4% mission · 3.6% management · 0.0% fundraisingTotal expenses: 101.50% of revenue

2016Expense mix: 97.0% mission · 3.0% management · 0.0% fundraisingTotal expenses: 98.70% of revenue

Money in and money out

Revenue$1,454,607,152

Expenses$1,387,458,263

Annual surplus $67,148,889 Revenue was higher than expenses 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)$1,358,093,575 · 97.9% of expenses

Management and office costs$29,364,688 · 2.1% of expenses

See all reported dollar amounts

Revenue$1,454,607,152

Expenses$1,387,458,263

Mission work (program services)$1,358,093,575

Grants given$60,000

Average grant$20,000

Management and general$29,364,688

Stocks and bonds$230,965,930

Investing fees$184,923

People

Leadership and board

Tax year 2023

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

People reported as paid

Person and titleCompensation

EARL J BARNES IISECRETARY · 1 hrs/week $124,188Base · Other $124,188

JORDAN R ASHER MDDIRECTOR · 1 hrs/week $123,465Base · Other $123,465

COLIN DROZDOWSKIDIRECTOR · 4 hrs/week $103,809Base · Other $103,809

MEGAN R PERRYFORMER OFFICER $95,640Base · Other $95,640

PATRICIA DARNLEYDIRECTOR · 1 hrs/week $92,757Base · Other $92,757

ROBERT A BROERMANNDIRECTOR · 1 hrs/week $83,099Base · Other $83,099

JEFF C SNYDERTREASURER · 2 hrs/week $82,990Base · Other $82,990

DENNIS A MATHEISDIRECTOR/PRESIDENT · 5 hrs/week $49,232Base · Other $49,232

JAMIE MCPHERSONFORMER KE $28,817Base · Other $28,817

LINDA T HINESFORMER OFFICER AND KE $28,067Base · Other $28,067

PETER PAVELLFORMER KE $27,825Base · Other $27,825

ERIC WILSONFORMER KE $23,204Base · Other $23,204

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 (20)

EARL J BARNES IISECRETARY

JORDAN R ASHER MDDIRECTOR

COLIN DROZDOWSKIDIRECTOR

MEGAN R PERRYFORMER OFFICER

PATRICIA DARNLEYDIRECTOR

ROBERT A BROERMANNDIRECTOR

JEFF C SNYDERTREASURER

DENNIS A MATHEISDIRECTOR/PRESIDENT

JAMIE MCPHERSONFORMER KE

LINDA T HINESFORMER OFFICER AND KE

PETER PAVELLFORMER KE

ERIC WILSONFORMER KE

TIMOTHY E CARPENTERFORMER OFFICER AND KE

RANDY DOVELFORMER KE

MARK MATTINGLYFORMER KE

RICHARD GORDONFORMER KE

LOUIS PATALANO IVFORMER OFFICER

J LES HALLDIRECTOR

ROBERT C FORTDIRECTOR

CATHIE J VICKDIRECTOR

About this charity

Location: 1300 SENTARA PARK, VIRGINIA BEACH, VA 23464
County: Virginia Beach (city)
In care of: JEFF C SNYDER
Primary officer: JEFF C SNYDER, TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(757) 455-7020

Filing and classification

Latest tax year: 2023
Tax period began: January 1, 2023
Return type: 990
Grant-giving organization: Yes