Health Insurance Plan of Greater New logo

Health Insurance Plan of Greater New

NEW YORK, NY EIN: 13-1828429 Website

HIPGNY'S MISSION IS TO CREATE HEALTHIER FUTURES FOR ITS CUSTOMERS AND COMMUNITIES. HIPGNY WORKS ALONGSIDE ITS CUSTOMERS TO OFFER ACCESS TO HIGH-QUALITY, AFFORDABLE CARE, HELP NAVIGATE THE HEALTH CARE EXPERIENCE, AND MAKE GOOD HEALTH ACHIEVABLE.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.3B

-9.0% YoY

Annual Giving

$116K

-37.6% YoY

Grant Count

7

-50.0% YoY

Avg Grant Size

$17K

+24.8% YoY

About Health Insurance Plan of Greater New

Based on IRS filings

Health Insurance Plan of Greater New is a nonprofit organization focused on Health, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3B in total assets. In 2024, it awarded 7 grants totaling $116K. Net investment income was $7.8M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

Ann ArborBriarwoodBrooklynEast ElmhurstHauppaugeHuntingtonMahopacNew YorkRye BrookSmithtownTarrytownWhite Plains

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1.6B$3.2B$4.7B$6.3B20202021202220232024
Metric202420232022
Total Assets$2,293,543,071$2,520,238,921$2,512,009,673
Revenue$4,710,482,271$5,316,717,976$5,756,466,800
Expenses$4,743,722,251$5,409,091,505$5,755,127,247
Qualifying Distributions
Net Investment Income$7,773,820$4,232,089$46,663,211
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$68K$136K$204K$272K13 grants202016 grants202119 grants202214 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

CHINESE AMERICAN MEDICAL…$30KSAMARITAN DAYTOP FOUNDAT…$30KUNIFORMED FIRE OFFICERS …$16KCORRECTION OFFICERS' BEN…$12KDC37 CARES FOUNDATION$10KDOMINICAN MEDICAL DENTAL…$10KUFA WIDOWS AND CHILDRENS…$8K

Grant Size Distribution

69 grants across all recorded years

67<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

KAREN IGNAGNICHIEF EXECUTIVE OFFICER$5.2MMICHAEL PALMATEERPRESIDENT$3.2MHEATHER TAMBORINOCHIEF FINANCIAL OFFICER$2.5MJEFFREY CHANSLERCHIEF LEGAL OFFICER$1.4MTHOMAS MACMILLANCHIEF OPERATING OFFICER$1.4MNAVARRA RODRIGUEZCEO/PRESIDENT, ACPNY$1.3MWILLIAM VOIGTCHIEF HUMAN RESOURCES OFFICER$1.2MGEORGE BABITSCHSVP, LABOR & GOVERNMENTAL MA…$1.1MDEBRA LIGHTNERCHIEF COMPLIANCE OFFICER$1.0MRICHARD H DAL COLCHIEF MEDICAL OFFICER (THRU …$951KABDOU BAHSVP, MEDICAL MGMT & CHIEF HE…$799KMICHAEL COSTASVP, PROVIDER NETWK & POP. H…$755KPRIYANK PANDEYSVP, CHIEF CUSTOMER OFFICER$708KCHARLOTTE THOMASSVP, COMMERCIAL PRODUCT STRA…$696KRUSSELL HEIDVP, CONTROLLER (ENTERPRISE)$580KMICAH J HORTONVP, ENTERPRISE FINANCE$580KSETH CRAWFORDVP, ENTERPRISE UNDERWRITING$577KCARLOS MANALANSANVP, DEPUTY GENERAL COUNSEL$543KHOWARD L WEISSVP, GOVERNMENT AFFAIRS$543KBRANDON RIFFVP, ACTUARY$498KCORY ORZAKCHIEF ACTUARY (AS OF 02/2024)$345KLAUREN CLANCY AS OF …AVP, CORPORATE SECRETARY$304KJOHN FEERICKCHAIRMAN$173KRICHARD BERMANDIRECTOR$150KWAYNE CAFRANDIRECTOR$146KBERNARD SCHAYES MDDIRECTOR$133KJOHN H BANKS IIIDIRECTOR$120KDANIEL KNECHTCHIEF MEDICAL OFFICER (AS OF…$21K

From 2024 filing

NameTitleHoursCompensation
KAREN IGNAGNICHIEF EXECUTIVE OFFICER35$5,241,940
JOHN FEERICKCHAIRMAN2$172,500
JOHN H BANKS IIIDIRECTOR2$120,125
RICHARD BERMANDIRECTOR2$149,875
WAYNE CAFRANDIRECTOR2$145,500
GREGORY FLOYDDIRECTOR2
BERNARD SCHAYES MDDIRECTOR2$132,852
GEORGE BABITSCHSVP, LABOR & GOVERNMENTAL MARKETS35$1,121,443
ABDOU BAHSVP, MEDICAL MGMT & CHIEF HEALTH EQ.35$798,547
JEFFREY CHANSLERCHIEF LEGAL OFFICER35$1,443,217
MICHAEL COSTASVP, PROVIDER NETWK & POP. HEALTH35$755,046
RICHARD H DAL COLCHIEF MEDICAL OFFICER (THRU 04/2024)35$950,954
DANIEL KNECHTCHIEF MEDICAL OFFICER (AS OF 12/24)35$20,833
DEBRA LIGHTNERCHIEF COMPLIANCE OFFICER35$1,033,948
THOMAS MACMILLANCHIEF OPERATING OFFICER35$1,388,981
MICHAEL PALMATEERPRESIDENT35$3,209,076
PRIYANK PANDEYSVP, CHIEF CUSTOMER OFFICER35$708,229
NAVARRA RODRIGUEZCEO/PRESIDENT, ACPNY35$1,297,455
HEATHER TAMBORINOCHIEF FINANCIAL OFFICER35$2,548,094
CHARLOTTE THOMASSVP, COMMERCIAL PRODUCT STRATEGY35$695,982
WILLIAM VOIGTCHIEF HUMAN RESOURCES OFFICER35$1,216,789
CORY ORZAKCHIEF ACTUARY (AS OF 02/2024)35$345,152
BRANDON RIFFVP, ACTUARY35$498,324
LAUREN CLANCY AS OF 032024AVP, CORPORATE SECRETARY35$303,729
SETH CRAWFORDVP, ENTERPRISE UNDERWRITING40$577,418
RUSSELL HEIDVP, CONTROLLER (ENTERPRISE)40$580,297
MICAH J HORTONVP, ENTERPRISE FINANCE40$579,711
CARLOS MANALANSANVP, DEPUTY GENERAL COUNSEL40$543,411
HOWARD L WEISSVP, GOVERNMENT AFFAIRS40$543,304

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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