Nonprofits/Organizations/34-0922268
Active
501(c)(3)
E310
Form 990

HealthSpan Integrated Care

EIN 34-0922268Cincinnati, OH 45237Founded 1978WebsiteIRS Tax Year 2024 · Period ending December 31, 2024
Mission Statement

To provide high-quality, affordable health care services to improve the health of our members and the communities we serve.

IRS Tax Year 2024

Period ending December 31, 2024

Total Revenue

$15K

+2.8%YoY

Total Expenses

$140K

+9.6%YoY

Net Assets

$15.2M

-0.8%YoY

Employees

0

Program Expense Ratio

70.8%

This nonprofit profile presents IRS Form 990 tax filing data for HealthSpan Integrated Care (EIN: 34-0922268), based on the 2024 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.

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RoundPaper IndicatorsTax Year 2024

Financial Health

Revenue grew +2.8% to $15K
Program spending ratio of 70.8% — below average
1300.4 months of operating reserves — strong cushion
Expenses increased +9.6% year-over-year

Transparency

Conflict of interest policy adopted
Whistleblower policy in place
Financial statements independently audited
3-member board

Compensation

Top compensation: $1,063,135 (President & CEO, Board Chair)
Top exec pay is 758.9% of total expenses — elevated
Schedule J filed for 3 individuals — detailed disclosure
No executive perks reported

Program Effectiveness

1 program reported
70.8% of spending goes to programs
No programs generate independent revenue

Financial Stability

Debt-to-asset ratio of 0.5% — low leverage
0.0 months cash runway — tight liquidity
Revenue diversification: concentrated in few sources
Net assets declining over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
No family/business relationships on board

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

HealthSpan Integrated Care is a 501(c)(3) nonprofit headquartered in Cincinnati, OH, founded in 1978. The organization has held tax-exempt status since 1981. In its 2024 filing, the organization reported $15K in total revenue, a 2.8% increase from the prior year, and $140K in total expenses. JEFFREY COPELAND, President & CEO, Board Chair, is the highest-compensated individual at $1,063,135. The organization runs 1 program, totaling $99K in program expenses. 4 of 6 recommended governance policies are in place.

HealthSpan Integrated Care is classified under NTEE code E310. Its foundation type is 16.

Programs(Tax Year 2024)

1 record

Programs Overview

HealthSpan Integrated Care operates 1 program, with total program expenses of $99K. HealthSpan Integrated Care's largest program accounts for 100% of total program spending.

1
Program 1Expenses: $99,131

During 2016, HealthSpan discontinued its insurance activities. HealthSpan will continue its operations in order to process claims incurred prior to December 31, 2016 and wind down its operations.

Financial Overview(Tax Years 2019–2024)

6 records

Financial Highlights

Over the past 6 years, HealthSpan Integrated Care's revenue has declined from $6.0M to $15K, a 99.8% decrease. Program expenses represent 71% of total spending.

Revenue increased 2.8% year-over-year, while expenses grew 9.6%. net assets fell to $15.2M, down 0.8% from the prior year.

HealthSpan Integrated Care derives 100% from investment income.

HealthSpan Integrated Care allocates 71% to programs, 29% to management and general.

Expenses grew by 9.6%, outpacing revenue growth of 2.8% — a trend to watch if it continues.

Over 6 filings from 2019–2024, HealthSpan Integrated Care declined revenue from $6.0M to $15K (-99.8%) while maintaining a program expense ratio of 71%.

HealthSpan Integrated Care holds $15.2M in total assets against $69K in liabilities (debt-to-asset ratio of 0%). The organization has 1000.0 months of operating reserves. Cash and equivalents of $0 cover approximately 0.0 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2024$15K$0$0$0$15K
2023$14K$0$0$461$14K
2022$11K$0$0$3K$7K
2021$1.5M$0$0$1.5M$5K
2020$25.2M$0$0$25.3M$-68K
2019$6.0M$0$0$5.8M$141K

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2024$140K$99K$41K$0$0
2023$128K$82K$0$0$0
2022$152K$56K$95K$0$0
2021$265K$212K$53K$0$0
2020$1.9M$1.6M$278K$0$0
2019$1.1M$947K$168K$0$0

Program Expense Ratio

70.8%

Admin Expense Ratio

29.2%

Fundraising Efficiency

Operating Reserve

1000.0 mo

People & Compensation(Tax Year 2024)

3 records

Compensation Summary

HealthSpan Integrated Care reported compensation for 3 officers and key employees. Total officer compensation was $2.1M, representing 1509.5% of total expenses. 2 individuals received total compensation exceeding $500,000.

HealthSpan Integrated Care's highest-compensated individual received $1.1M in total compensation. Total officer compensation of $2.1M represents 1509.5% of total expenses. 1 individual received total compensation exceeding $1,000,000.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
JEFFREY COPELANDPresident & CEO, Board Chair
OfficerDirector
2.00$0$1,022,346$1,063,135
ALLAN CALONGEBoard Member, BSMH Chief People Officer - Core Operations
Director
1.00$0$703,262$845,033
Dorothy CarlsonDirector Regulatory Accounting & Assistant Controller Healthspan, Treasurer
OfficerDirector
2.00$0$189,654$206,402

Compensation Breakdown

Schedule J detail — base, bonus, benefits, and executive perks

JEFFREY COPELAND

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

Dorothy Carlson

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

ALLAN CALONGE

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

Governance & Compliance(Tax Year 2024)

Governance Snapshot

HealthSpan Integrated Care has 4 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 3 members, 0 of whom are independent.

HealthSpan Integrated Care's financial statements are audited, an audit committee oversees the process.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body
Board members3
Independent members0

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Filing History(Tax Years 1981–2024)

6 records

Showing the 6 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2024
990
2024-01-01 – 2024-12-31$15K$140K$15.2M
2023
990
2023-01-01 – 2023-12-31$14K$128K$15.3M
2022
990
2022-01-01 – 2022-12-31$11K$152K$15.4M
2021
990
2021-01-01 – 2021-12-31$1.5M$265K$15.6M
2020
990
2020-01-01 – 2020-12-31$25.2M$1.9M$39.2M
2019
990
2019-01-01 – 2019-12-31$6.0M$1.1M$16.1M
1981–2018No filings acquired yet

Frequently Asked Questions

What does HealthSpan Integrated Care do?

To provide high-quality, affordable health care services to improve the health of our members and the communities we serve.

How much revenue does HealthSpan Integrated Care have?

HealthSpan Integrated Care reported $14,676 in total revenue for tax year 2024, up 2.8% from the prior year.

Who is the highest-paid executive at HealthSpan Integrated Care?

JEFFREY COPELAND, President & CEO, Board Chair, received $1,063,135 in total compensation as of tax year 2024.

Is HealthSpan Integrated Care a 501(c)(3)?

Yes, HealthSpan Integrated Care is classified as a 501(c)(3) tax-exempt organization.

Where is HealthSpan Integrated Care located?

HealthSpan Integrated Care is headquartered in Cincinnati, OH 45237.

Is HealthSpan Integrated Care audited?

Yes, HealthSpan Integrated Care's financial statements are audited, and the organization has an audit committee.

Data Source

Prepared by: GRANT THORNTON ADVISORS LLC, ARLINGTON, VA

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
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