Partners Health Plan

Nonprofit profile at a glance

EIN
461496685
IRS 990 coverage
2017–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-N 2014
Location
Bronx, NY, USA
Phone
1-855-747-5483
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Health, General and Financing

Official website

Reported finances

Revenue
$305,304,394
Expenses
$359,727,511
Assets
$77,304,871
Liabilities
$187,931,838

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

Leadership & pay

16 people listed

Executive titles in this filing

  • KERRY ANN DELANEY-MASAWI (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • KERRY ANN DELANEY-MASAWI (CHIEF EXECUTIVE OFFICER): $600,659 total reported compensation
  • CHRISTOPHER MASI (CHIEF FINANCIAL OFFICER): $349,422 total reported compensation
  • KARLEEN HAINES (CHIEF OF COMMUNITY RELATIONS & OUTREACH): $256,709 total reported compensation

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

Overview

Mission

Partners Health Plan, Inc. is a mission-driven, person-centered organization dedicated to assisting individuals in pursuing the lives they choose. Please note that your **Medicaid coverage remains unchanged**. You will continue to receive all **OPWDD services and supports** through New York State Medicaid. FOR PROVIDERS PHP’s FIDA-I/DD Demonstration ended on **December 31, 2025**. The Partners Health Plan Network Development and Provider Relations team is here to assist you with your billing, claims, and general inquiries. **Please contact us for assistance by [email protected].

What it reported doing in 2024

Effective april 1, 2016, the New York state department of health (nydoh) issued a health maintenance organization certificate of authority, licensing partners health plan (php) to operate a fida-idd plan in the five boroughs of New York city and nassau, suffolk, westchester and rockland counties. In 2024 php provided a wide range of support services, including medicaid, medicare, personal care and those offered by the office for people with developmental disabilities for approximately 1,700 dual medicaid and medicare eligible adults, age 21 and older, with intellectual and other developmental disabilities.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 82
  • Accountability: 100
  • Sustainability: 14
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 93.4%; rating input score 93
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 77th 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: -17.8%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0.21; rating input score 6; 6th percentile among comparable filings
  • Liabilities to assets ratio: 2.43; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 0.6%; rating input score 83; 83rd percentile among comparable filings

Growth

  • Program expense growth: 14.3% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 13.5% per year; rating input score 100; 86th percentile among comparable filings
  • Asset growth: 14.4% per year; rating input score 100; 85th percentile among comparable filings

Details

  • What they do: 1 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 100% of revenue deployed · 93.4% of spending went to programs
  • Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $336.1M in reported program spending
  • Leadership: top reported pay $601K · 16 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $7.4M reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 4 filed schedules · includes executive pay
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 5 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.

Key Signals

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

  • High — Sustainability: Operating margin scored 4/100.
  • High — Sustainability: Total-asset coverage ratio scored 6/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.