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Boston Medical Center Health Plan Inc

Wellsense Health Plan

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043373331 ✦ Charlestown, MA ✦ Designated as a 501(c)(3)

Overview

What is Boston Medical Center Health Plan Inc?

Boston Medical Center Health Plan Inc, operating as WellSense Health Plan, is a nonprofit corporation based in Charlestown, Massachusetts, at 529 Main Street Suite 500, ZIP code 02129. Established to benefit and support Boston Medical Center Corporation, this organization provides access to effective and efficient medical care for low-income, underserved, disabled, elderly, and other vulnerable residents in the community. With a mission to make healthcare accessible to those in need, WellSense Health Plan employs a total workforce of 1039 individuals, dedicated to serving and supporting Boston Medical Center Corporation.


Official website here: www.bmchp.org

Is Boston Medical Center Health Plan Inc legitimate?

Boston Medical Center Health Plan Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boston Medical Center Health Plan Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $5,673,491
Professional Fundraising Fees: $0
Other Salaries and Wages: $78,991,296

For more financial information, click here


Official website here: www.bmchp.org

What is the mission statement of Boston Medical Center Health Plan Inc?

The Boston Medical Center Health Plan Inc, operating as WellSense, functions as a nonprofit corporation dedicated to supporting Boston Medical Center Corporation and providing medical care access to low-income, underserved, disabled, elderly, and other vulnerable residents in the community. WellSense is organized with the primary intention of benefiting Boston Medical Center Corporation and ensuring effective and efficient healthcare services for those in need. It strives to cater to the medical requirements of disadvantaged populations, aiming to make healthcare accessible and efficient for all.


Official website here: www.bmchp.org

Who is the CEO of Boston Medical Center Health Plan Inc?

Heather Thiltgen is the Trustee/President of Boston Medical Center Health Plan Inc.


Official website here: www.bmchp.org

What is the revenue of Boston Medical Center Health Plan Inc?

Boston Medical Center Health Plan Inc's revenue in 2022 was $3,051,766,108.


Official website here: www.bmchp.org

Who are the executives of Boston Medical Center Health Plan Inc and what are their salaries?

The average compensation at Boston Medical Center Health Plan Inc during 2022 was $81,487. There are 1,039 employees and 13 volunteers at Boston Medical Center Health Plan Inc.

Here are 24 key members and their salaries:

    Heather Thiltgen (Trustee/President)
  • Compensation: $867,683
  • Related: $0
  • Other: $41,281

    • James Collins (Treasurer/ Cfo)
  • Compensation: $601,487
  • Related: $0
  • Other: $42,241

    • Diane Gilworth (Chief Clinical Officer (Thru 2/19/22))
  • Compensation: $569,247
  • Related: $0
  • Other: $15,085

    • Diana Cruz (Coo (As Of 1/19/21))
  • Compensation: $542,260
  • Related: $0
  • Other: $28,635

    • Jeffrey Hunt (Chief Prod. & Mktg (Thru 7/22))
  • Compensation: $519,701
  • Related: $0
  • Other: $27,522

    • Bo Li (Chief Actuary)
  • Compensation: $336,628
  • Related: $0
  • Other: $40,813

    • Jennifer Carbone (Vp Of Service & Operations)
  • Compensation: $332,803
  • Related: $0
  • Other: $38,701

    • Darren Bennett (Vp Of Fin. Planning & Analysis)
  • Compensation: $309,699
  • Related: $0
  • Other: $40,212

    • Matthew Connell (Vp Of Pharmacy)
  • Compensation: $307,047
  • Related: $0
  • Other: $38,877

    • Lynn Bowman (Former Chief Operating Officer)
  • Compensation: $303,269
  • Related: $0
  • Other: $0

    • Ellen Weinstein (Clo And Clerk (Thru 9/30/22))
  • Compensation: $236,468
  • Related: $0
  • Other: $16,261

    • Kathleen Walsh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alastair Bell Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Ament (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Blue (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Carroll (Trustee (Thru 7/12/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stacy Cowan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Gordon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Levine (Trustee (As Of 7/12/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Mendis Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Schwartz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Sweet (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Taber (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tarsha Weaver (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.bmchp.org

    Where can I find the form 990 for Boston Medical Center Health Plan Inc?

    The Boston Medical Center Health Plan Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.bmchp.org

    Learn more at the official website: www.bmchp.org

    Mission Statement of Boston Medical Center Health Plan Inc

    Boston Medical Center Health Plan, Inc., also known as Wellsense, is a nonprofit corporation established to support Boston Medical Center Corporation and provide accessible, efficient medical care to low income, underserved, disabled, elderly, and other vulnerable residents in the community. The organization is committed to this mission, operating as a safety net for those who face barriers to quality healthcare. Wellsense aims to make a difference in people's lives by ensuring they have access to essential medical services when they need it most. By partnering with Boston Medical Center Corporation, the health plan can offer comprehensive care and address the unique health concerns of its diverse population. Through its operations, Wellsense strives to bridge the gap in healthcare accessibility for individuals who might otherwise be excluded from crucial medical services.

    Impact

    This information is meant to be a general summary of Boston Medical Center Health Plan Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Boston Medical Center Health Plan Inc, operating as Wellsense Health Plan, has a significant impact on the community by providing access to effective and efficient medical care among low-income, underserved, disabled, elderly, and other vulnerable residents in the city. Its mission to support Boston Medical Center Corporation and improve healthcare accessibility for those in need plays a crucial role in addressing healthcare disparities and promoting wellbeing in the community. Through its services and initiatives, Boston Medical Center Health Plan Inc positively impacts the lives of individuals who may otherwise struggle to receive necessary medical care.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,494,277
  • Program Service Revenue: $3,043,271,831
  • Gross Receipts: $3,210,214,952

    • Assets and Liabilities:
  • Total Assets: $1,269,835,591
  • Total Liabilities: $726,332,361
  • Net Assets: $543,503,230
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CAPITATION REVENUE

    Revenue

    $3,043,271,831

    Organization Details

    Founding Year

    1997

    Principal Officer

    Heather Thiltgen

    Main Address

    529 MAIN STREET SUITE 500, CHARLESTOWN, MA, 02129

    NTEE Category

    Code: E83 - Health

    If you are a representative of Boston Medical Center Health Plan Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.