Cdphp
Legal name: Capital District Physicians' Health Plan Inc
Nonprofit profile at a glance
- EIN
- 141641028
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Latham, NY, USA
- Phone
- 5186414085
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $2,087,598,226
- Expenses
- $2,168,199,456
- Assets
- $530,312,235
- Liabilities
- $440,752,112
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
36 people listed
Executive titles in this filing
- BRIAN O'GRADY (CEO/PRESIDENT)
- JOHN D BENNETT MD (CEO/PRESIDENT (FORMER))
Highest reported compensation
- JOHN D BENNETT MD (CEO/PRESIDENT (FORMER)): $1,506,978 total reported compensation
- BRIAN O'GRADY (CEO/PRESIDENT): $1,030,502 total reported compensation
- JOHN LUTZ (EVP/INTEGRATED DEL SYS (FORMER)): $988,125 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
As an employee-driven, member-focused, and physician-founded health plan, CDPHP is dedicated to keeping our community healthy, happy, safe, and secure. Support civic and cultural activities in CDPHP communities Choices and Plans that are Right for You Our 15-member board of directors, which includes eight physicians, works closely with CDPHP® community members to deliver affordable, high-quality, and hassle-free health coverage. The CDPHP® network has more than 10,000 providers and practitioners – and also offers access to thousands of top physicians across the country. To best meet the needs of our diverse membership, we offer the following product options:.
What it reported doing in 2024
Cdphp provides health care benefits to employer group members and individuals in our community. As of december 31, 2024, 72,271 members were enrolled in commercial products.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Member-benefit provider. The nonprofit used 93% of its reported program spending for member benefits.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 90
- Accountability: 60
- Sustainability: 21
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.1%; rating input score 99
- Program expense ratio: 95.8%; rating input score 96
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Scored; rating input score 0
Accountability
- Independent voting board: 31.2%; rating input score 31; 10th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -3.9%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 0.24; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 0.83; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 0.6%; rating input score 82; 82nd percentile among comparable filings
Growth
- Program expense growth: 4.5% per year; rating input score 100; 35th percentile among comparable filings
- Revenue growth: 4.7% per year; rating input score 100; 39th percentile among comparable filings
- Asset growth: 1.2% per year; rating input score 100; 11th percentile among comparable filings
Details
- What they do: 6 programs and campaigns described on the official site
- Where the money goes: 99.1% of revenue deployed · 95.8% of spending went to programs
- Governance: 5 of 16 board members independent · 9 of 9 filing controls reported
- Programs: 5 filed program accomplishments · $2.1B in reported program spending
- Leadership: top reported pay $1.5M · 36 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $56.3M reported
- Consistency: 38 of 38 current checks pass
- Schedules: 6 filed schedules · includes grants, executive pay, and related organizations
- Filing history: 13 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 35 filed money-flow records
- Related organizations: 23 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Independent voting board scored 31/100.
- High — Sustainability: Operating margin scored 15/100.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.