Scan Health Plan Nevada Inc
Nonprofit profile at a glance
- EIN
- 854288083
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Long Beach, CA, USA
- Phone
- 5629895100
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Health Support Services
Reported finances
- Revenue
- $25,129,158
- Expenses
- $24,381,636
- Assets
- $7,583,620
- Liabilities
- $3,758,631
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- JAIN MD SACHIN H (PRESIDENT & CEO)
- SCHULTE KAREN H (PRESIDENT, MEDICARE)
Highest reported compensation
- JAIN MD SACHIN H (PRESIDENT & CEO): $5,866,440 total reported compensation
- PLUMB MICHAEL (CHIEF FINANCIAL OFFICER): $1,993,690 total reported compensation
- MONK NANCY J END 122024 (CHIEF OPERATIONS OFFICER): $1,845,508 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Keeping seniors healthy and independent
What it reported doing in 2024
Health care servicesas a medicare advantage and prescription drug plan (mapd) in Nevada, scan health plan Nevada collaborates with a network of delegated and non-delegated providers to offer medicare covered health care and behavioral healthcare and additional supplemental benefits. Our member-centric model of care ensures quality, individualized care for all members, including members with chronic conditions and frail members with functional deficits.
Operating model
- Revenue model
- Earned-program. 86% of the money available for current operations came from fees and other program 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
SUPPORTED - 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 few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 68
- Accountability: 32
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.9%; rating input score 94
- Program expense ratio: 96.7%; rating input score 97
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 10th 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: 71.4%; rating input score 71; 14th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- 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%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 0.31; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 0.5; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 21.1%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: 38.2% per year; rating input score 100; 97th percentile among comparable filings
- Revenue growth: 35.6% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: 31.5% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 93.9% of revenue deployed · 96.7% of spending went to programs
- Governance: 0 of 5 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $23.6M in reported program spending
- Leadership: top reported pay $5.9M · 10 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $22.2M reported
- Consistency: 34 of 35 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 24 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 — Accountability: Independent voting board scored 0/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- Moderate — Sustainability: Operating margin scored 46/100.
- High — Sustainability: Officer compensation ratio scored 3/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.