HealthSpan Partners
The promotion of health in a charitable manner by providing compassionate, high quality affordable healthcare to improve the health of the communities it serves, with emphasis on caring for the poor and underserved.
IRS Tax Year 2024
Period ending December 31, 2024
Total Revenue
$180.8M
Total Expenses
$206.0M
Net Assets
$152.2M
Employees
335
Program Expense Ratio
96.4%
This nonprofit profile presents IRS Form 990 tax filing data for HealthSpan Partners (EIN: 46-3055925), 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.
Chat with HealthSpan Partners's data & any nonprofit
Coming SoonCompare organizations, analyze trends, and ask questions about HealthSpan Partners's finances, compensation, and programs — or any other nonprofit — using our AI-powered research assistant.
Financial Health
Transparency
Compensation
Program Effectiveness
Financial Stability
Risk Flags
Indicators derived from IRS Form 990 data. Not financial advice.
HealthSpan Partners is a 501(c)(3) nonprofit headquartered in Cincinnati, OH, founded in 2013. It is classified under NTEE code E70 (Public Health), within the Healthcare category. The organization has held tax-exempt status since 2015. In its 2024 filing, the organization reported $180.8M in total revenue, a 822.5% increase from the prior year, and $206.0M in total expenses. The organization employed 335 people. DEBORAH BLOOMFIELD PhD CPA, CFO, Board Treasurer, is the highest-compensated individual at $3,157,645. The organization runs 1 program, totaling $198.6M in program expenses. 4 of 6 recommended governance policies are in place.
HealthSpan Partners is classified under NTEE code E70 (Public Health), which falls within the Healthcare category. Its foundation type is 17.
Programs(Tax Year 2024)
1 record
HealthSpan Partners operates 1 program, with total program expenses of $198.6M. HealthSpan Partners's largest program accounts for 100% of total program spending.
THE PROMOTION OF HEALTH IN A CHARITABLE MANNER BY PROVIDING COMPASSIONATE, HIGH QUALITY AFFORDABLE HEALTHCARE TO IMPROVE THE HEALTH OF THE COMMUNITIES IT SERVES, WITH EMPHASIS ON CARING FOR THE POOR AND UNDERSERVED. IN ALIGNMENT WITH THIS, HSP BEGAN OPERATING ACCOUNTABLE CARE ORGANIZATIONS AND CLINICALLY INTEGRATED NETWORKS IN 2024.
Financial Overview(Tax Years 2019–2024)
6 records
Over the past 6 years, HealthSpan Partners's revenue has grown from $8.0M to $180.8M, a 2172.7% increase. Program expenses represent 96% of total spending.
Revenue increased 822.5% year-over-year, while expenses grew 933.3%. net assets rose to $152.2M, up 55.1% from the prior year.
HealthSpan Partners derives 98% from program services, with 2% from investment income.
Revenue is heavily concentrated: 98% comes from program service revenue, indicating limited diversification.
HealthSpan Partners allocates 96% to programs, 4% to management and general.
Expenses grew by 933.3%, outpacing revenue growth of 822.5% — a trend to watch if it continues.
Over 6 filings from 2019–2024, HealthSpan Partners grew revenue from $8.0M to $180.8M (+2172.7%) while maintaining a program expense ratio of 96%. During this period, the organization grew from 3 to 335 employees.
HealthSpan Partners holds $2.3B in total assets against $2.2B in liabilities (debt-to-asset ratio of 93%). The organization has 8.9 months of operating reserves. Cash and equivalents of $0 cover approximately 0.0 months of expenses.
Revenue
| Year | Total Revenue | Contributions | Gov't Grants | Program Revenue | Investment |
|---|---|---|---|---|---|
| 2024 | $180.8M | $0 | $0 | $177.6M | $3.2M |
| 2023 | $19.6M | $0 | $0 | $16.8M | $2.8M |
| 2022 | $14.5M | $0 | $0 | $14.0M | $412K |
| 2021 | $13.7M | $0 | $0 | $13.7M | $0 |
| 2020 | $999K | $0 | $0 | $999K | $0 |
| 2019 | $8.0M | $0 | $0 | $534K | $7.3M |
Expenses
| Year | Total Expenses | Program | Management | Fundraising | Grants Paid |
|---|---|---|---|---|---|
| 2024 | $206.0M | $198.6M | $7.3M | $0 | $0 |
| 2023 | $19.9M | $19.9M | $0 | $0 | $0 |
| 2022 | $15.3M | $15.3M | $3K | $0 | $0 |
| 2021 | $16.9M | $16.9M | $1K | $0 | $0 |
| 2020 | $4.3M | $4.3M | $9K | $0 | $0 |
| 2019 | $8.0M | $6.8M | $1.2M | $0 | $0 |
Program Expense Ratio
96.4%
Admin Expense Ratio
3.6%
Fundraising Efficiency
—
Operating Reserve
8.9 mo
People & Compensation(Tax Year 2024)
23 records
HealthSpan Partners reported compensation for 23 officers and key employees. Total officer compensation was $13.8M, representing 6.7% of total expenses. 8 individuals received total compensation exceeding $500,000.
HealthSpan Partners's highest-compensated individual received $3.2M in total compensation. Total officer compensation of $13.8M represents 6.7% of total expenses. 3 individuals received total compensation exceeding $1,000,000.
| Name | Title | Type | Hours/wk | Comp from Org | Related Orgs | Total |
|---|---|---|---|---|---|---|
| DEBORAH BLOOMFIELD PhD CPA | CFO, Board Treasurer | Officer | 2.00 | $0 | $2,563,971 | $3,157,645 |
| Wael Haidar MD | President & CEO, HealthSpan Partners | Officer | 2.00 | $0 | $1,988,113 | $2,539,165 |
| TRAVIS CRUM | CFO, Board Treasurer | Officer | 2.00 | $0 | $1,439,506 | $1,621,878 |
| Laishy Williams-Carlson | Former CIO - BSMH, HSP & RSFH | Former | — | $0 | $954,092 | $979,657 |
| JEAN HAYNES | Chief Population Health Officer | Key Employee | 49.00 | $935,422 | $0 | $974,495 |
| Erin Hurlburt | Chief Medical Officer Population Health | Key Employee | 40.00 | $668,641 | $0 | $734,958 |
| BRIAN SMITH | Former President and CEO, Healthspan Partners | Former | — | $0 | $672,008 | $635,001 |
| REBECCA HOLLAND | VP and AGC | Key Employee | 2.00 | $0 | $499,942 | $535,043 |
| Christopher Hebert | Medical Director, Clinical Effectiveness | Highest Comp | 40.00 | $358,937 | $0 | $367,779 |
| Bernadette Parker | Clinical Dir Population Health | Highest Comp | 40.00 | $339,190 | $0 | $365,223 |
| Kelli Chovanec | VP Care Coordination Clinical Services | Highest Comp | 40.00 | $289,681 | $0 | $344,485 |
| MICHAEL KIRITSY | Medical Director, Network Clinical Performance | Highest Comp | 40.00 | $282,508 | $0 | $292,178 |
| AKIL MCCLAY | VP Operations, Population Health | Highest Comp | 40.00 | $272,505 | $0 | $283,341 |
| CHRISTINE O'NEILL | BOARD SECRETARY | Officer | 1.00 | $0 | $224,420 | $241,764 |
| Christine E Morris | Board Assistant Secretary | Officer | 1.00 | $0 | $129,451 | $155,706 |
| Peter F Maddox | Board Chair | OfficerDirector | 3.00 | $0 | $138,088 | $138,088 |
| Jennifer O'Brien JD | Board Vice Chair | OfficerDirector | 3.00 | $0 | $85,000 | $85,000 |
| Joseph O'Shea | Board Member | Director | 1.00 | $0 | $76,137 | $76,137 |
| Gerard Kells | Board Member | Director | 1.00 | $0 | $75,000 | $75,000 |
| Katherine W Vestal PhD | Board Member | Director | 1.00 | $0 | $70,000 | $70,000 |
| Katherine A Arbuckle CPA | Board Member | Director | 1.00 | $0 | $70,000 | $70,000 |
| Raja Rajamannar | Board Member | Director | 1.00 | $0 | $63,517 | $63,517 |
| Janet B Reid PhD | Board Member | Director | 1.00 | $0 | $0 | $0 |
Compensation Breakdown
Schedule J detail — base, bonus, benefits, and executive perks
BRIAN SMITH
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
TRAVIS CRUM
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
DEBORAH BLOOMFIELD PhD CPA
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
CHRISTINE O'NEILL
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Christine E Morris
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Wael Haidar MD
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Laishy Williams-Carlson
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Erin Hurlburt
Base Salary
$434,578
Bonus
$145,084
Other Reportable
$88,979
Retirement/Deferred
$42,561
Nontaxable Benefits
$23,756
JEAN HAYNES
Base Salary
$509,004
Bonus
$210,545
Other Reportable
$215,873
Retirement/Deferred
$8,400
Nontaxable Benefits
$30,673
REBECCA HOLLAND
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
AKIL MCCLAY
Base Salary
$169,204
Bonus
$82,801
Other Reportable
$20,500
Retirement/Deferred
—
Nontaxable Benefits
$10,836
Bernadette Parker
Base Salary
$290,773
Bonus
$23,039
Other Reportable
$25,378
Retirement/Deferred
$8,345
Nontaxable Benefits
$17,688
Christopher Hebert
Base Salary
$267,127
Bonus
$51,564
Other Reportable
$40,246
Retirement/Deferred
$8,400
Nontaxable Benefits
$442
Kelli Chovanec
Base Salary
$218,421
Bonus
$62,000
Other Reportable
$9,260
Retirement/Deferred
$23,045
Nontaxable Benefits
$31,759
MICHAEL KIRITSY
Base Salary
$245,268
Bonus
$18,690
Other Reportable
$18,550
Retirement/Deferred
$7,173
Nontaxable Benefits
$2,497
Governance & Compliance(Tax Year 2024)
HealthSpan Partners has 4 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 7 members, 0 of whom are independent.
HealthSpan Partners's financial statements are audited, an audit committee oversees the process.
HealthSpan Partners has family or business relationships among officers, directors, or key employees.
Policies & Oversight
Audit & Financial Oversight
Filing History(Tax Years 2015–2024)
6 records
Showing the 6 Form 990 filings currently in our system.
| Tax Year | Form | Period | Revenue | Expenses | Net Assets |
|---|---|---|---|---|---|
| 2024 | 990 | 2024-01-01 – 2024-12-31 | $180.8M | $206.0M | $152.2M |
| 2023 | 990 | 2023-01-01 – 2023-12-31 | $19.6M | $19.9M | $98.1M |
| 2022 | 990 | 2022-01-01 – 2022-12-31 | $14.5M | $15.3M | $98.4M |
| 2021 | 990 | 2021-01-01 – 2021-12-31 | $13.7M | $16.9M | $102.1M |
| 2020 | 990 | 2020-01-01 – 2020-12-31 | $999K | $4.3M | $67.5M |
| 2019 | 990 | 2019-01-01 – 2019-12-31 | $8.0M | $8.0M | $-33.6M |
| 2015–2018 | No filings acquired yet | ||||
Frequently Asked Questions
What does HealthSpan Partners do?
The promotion of health in a charitable manner by providing compassionate, high quality affordable healthcare to improve the health of the communities it serves, with emphasis on caring for the poor and underserved.
How much revenue does HealthSpan Partners have?
HealthSpan Partners reported $180,762,988 in total revenue for tax year 2024, up 822.5% from the prior year.
Who is the highest-paid executive at HealthSpan Partners?
DEBORAH BLOOMFIELD PhD CPA, CFO, Board Treasurer, received $3,157,645 in total compensation as of tax year 2024.
Is HealthSpan Partners a 501(c)(3)?
Yes, HealthSpan Partners is classified as a 501(c)(3) tax-exempt organization.
Where is HealthSpan Partners located?
HealthSpan Partners is headquartered in Cincinnati, OH 45237.
How many employees does HealthSpan Partners have?
HealthSpan Partners has 335 employees as of tax year 2024.
What type of nonprofit is HealthSpan Partners?
HealthSpan Partners is classified under NTEE code E70 (Public Health), within the Healthcare category. It is a 501(c)(3) tax-exempt organization.
Is HealthSpan Partners audited?
Yes, HealthSpan Partners'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.
Ask anything about
any nonprofit
Get instant, data-backed answers about nonprofit compensation, financials, and trends. Join the waitlist for early access. Free tier included at launch.
Trusted by nonprofit professionals
3.6M+
IRS Filings
1.7M+
Organizations
28M+
Comp Records