Kaiser Foundation Health Plan Inc Retiree Health and Welfare Plan

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

1 person listed

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

See schedule o.

The plan provides funding for the payment of benefits to eligible persons.

Revenue model: Investment-supported. 69% of the money available for current operations came from recurring investment income.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 90%; rating input score 90; 13th percentile among comparable filings
Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
Governance controls: 2 of 9 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Limited
- Other executive compensation review process: Limited
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Fail
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass

Operating margin: -294.9%; rating input score 10; 10th percentile among comparable filings
Total-asset coverage ratio: 27.17; rating input score 84; 84th percentile among comparable filings
Liabilities to assets ratio: 0.01; rating input score 27; 27th percentile among comparable filings
Officer compensation ratio: 0.1%; rating input score 20; 20th percentile among comparable filings

Program expense growth: Limited
Revenue growth: -28% per year; rating input score 0; 14th percentile among comparable filings
Asset growth: 7.7% per year; rating input score 100; 75th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 1 of 1 board members independent · 2 of 9 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $150K · 1 people listed · 0 of 6 pay-setting controls reported
Consistency: 10 of 11 current checks pass · 1 finding to review
Schedules: 4 filed schedules · includes executive pay
Filing history: 9 filing years from 2015 to 2024
Contacts: How to reach this organization
Money network: 1 filed money-flow record
Related organizations: 1 filed related-organization link
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.

Signals prioritize questions for review. They are not findings of misconduct.

High — Transparency & Controls: Pay-setting controls scored 0/100.
High — Accountability: Governance controls: 5 of 7 not reported.
High — Growth: Revenue growth scored 0/100.
High — Sustainability: Operating margin scored 10/100.
Moderate — Transparency & Controls: Schedule D other securities reconciliation did not reconcile in the filed values.
High — Sustainability: Officer compensation ratio scored 20/100.
High — Sustainability: Liabilities to assets ratio scored 27/100.