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Massachusetts · Nonprofit

HARVARD PILGRIM HEALTH CARE OF NEW ENGLAND INC

HARVARD PILGRIM HEALTH CARE OF NEW ENGLAND INC (Massachusetts) receives grants from 4 organizations whose IRS filings report $695,407 to it, the largest being American Diabetes Association Research Foundation Inc ($337,866). 3 of them have funded it in more than one year.

Revenue FY2024
$466M
Funders on record
4
Grants received
$695k
Net assets
$53M
3/4 repeat funderspeak grant-dependency 0%
01What it does

What Harvard Pilgrim Health Care of New England Inc does

Mission

Detail regarding the organization's mission harvard pilgrim health care of new england, inc.'s ("hphc-ne") purpose is to guide and empower healthier lives for everyone. Hphc-ne has built a reputation for exceptional clinical quality, preventive care, disease management, and member satisfaction. We remain an industry leader by continuing to develop new ways to improve upon how we care for our members. Hphc-ne operates as a not-for-profit health plan providing comprehensive health insurance, access to health care and other related services in new hampshire to individual and group members through contracts with physicians, established primary group and multi specialty physician groups, hospitals and other health care providers. Hphc-ne is part of the point32health (p32h) family of companies. ----------

As stated on its FY2024 Form 990.

Program

  1. To improve the quality and value of health care for the people and communities we serve.

    $509,369,599 spent$498,099,519 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $509,369,599.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($570M) Expenses 100 ($573M) Net assets 100 ($56M)2018 Revenue 98 ($558M) Expenses 97 ($555M) Net assets 105 ($59M)2019 Revenue 90 ($514M) Expenses 88 ($503M) Net assets 123 ($69M)2020 Revenue 96 ($549M) Expenses 98 ($561M) Net assets 101 ($56M)2021 Revenue 97 ($552M) Expenses 102 ($584M) Net assets 112 ($63M)2022 Revenue 92 ($522M) Expenses 95 ($544M) Net assets 114 ($64M)2023 Revenue 88 ($502M) Expenses 91 ($520M) Net assets 89 ($50M)2024 Revenue 82 ($466M) Expenses 89 ($511M) Net assets 95 ($53M)
'17'18'19'20'21'22'23'24
Revenue (82)Expenses (89)Net assets (95)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $148M to $163M (+10%).

$142M
$154M
$148M
$163M
$168M
$156M
$154M
$147M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

0% of HARVARD PILGRIM HEALTH CARE OF NEW ENGLAND INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (1% for the typical peer).

This organization
Typical peer · 2,211 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.

−$2.9M
’17
$2.5M
’18
$11M
’19
−$12M
’20
−$32M
’21
−$22M
’22
−$18M
’23
−$45M
’24
0.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Cain Hayes

President & CEO (end 9/24)

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed78767677
Joined·+1+1+1+3+0+2+1
No longer listed·0222111
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $323k → $126k.

Funder
'18
'19
'20
'23
'24*
'25*
total
$202k
funders
1
1
1
2
2
1

Left out of every figure on this page: $31M from one payer (the payer shares this organization's board, largest New Hampshire Individual Health Plan Benefit Association). These are real filings, and they are not money HARVARD PILGRIM HEALTH CARE OF NEW ENGLAND INC raised.

From the IRS filings of HARVARD PILGRIM HEALTH CARE OF NEW ENGLAND INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

HARVARD PILGRIM HEALTH CARE OF NEW ENGLAND INC leans on a few funders — its largest provides 49% of grant income and the top three 96%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HARVARD PILGRIM HEALTH CARE OF NEW ENGLAND INC.

49%
largest funder
96%
top three
~3
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 100% · 2023 52% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

HARVARD PILGRIM HEALTH CARE OF NEW ENGLAND INC draws 71% of its grant income from funders outside Massachusetts, across 3 states in all.

MA
VA
DC

In-state vs out-of-state, by year

’18
’19
’20
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

HARVARD PILGRIM HEALTH CARE OF NEW ENGLAND INC's revenue fell 18% between 2017 and 2024.

Operating margin−10% · bottom quartile
Months of reserve0.1mo · below the median
Revenue growth (annualized)−3% · bottom quartile

this organization peer median middle 50% of peers· 2,075 health nonprofits over $100M, FY2024

Organizations like HARVARD PILGRIM HEALTH CARE OF NEW ENGLAND INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

98% of spending goes to programs.

Program 98%Management 2%Fundraising 0%

Governance

2
board members
0%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

MA

Part of a family of 24 related entities

  • Point32health Foundation Inc · exempt
  • Tufts Health Public Plans Inc · exempt
  • Point32health Inc · exempt
  • Care Partners of Connecticut Inc · exempt
  • Tufts Assoc Health Mainten Org Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for HARVARD PILGRIM HEALTH CARE OF NEW ENGLAND INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds HARVARD PILGRIM HEALTH CARE OF NEW ENGLAND INC?
HARVARD PILGRIM HEALTH CARE OF NEW ENGLAND INC (Massachusetts) receives grants from 4 organizations whose IRS filings report $695,407 to it, the largest being American Diabetes Association Research Foundation Inc ($337,866). 3 of them have funded it in more than one year.
How many funders does HARVARD PILGRIM HEALTH CARE OF NEW ENGLAND INC have?
IRS filings report 4 organizations giving $695,407 in grants to HARVARD PILGRIM HEALTH CARE OF NEW ENGLAND INC, 3 of which have funded it in more than one year.
Who is the largest funder of HARVARD PILGRIM HEALTH CARE OF NEW ENGLAND INC?
American Diabetes Association Research Foundation Inc is the largest funder on record, with $337,866 in grants. The full list of funders is on this page.
How can an organization like HARVARD PILGRIM HEALTH CARE OF NEW ENGLAND INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Harvard Pilgrim Health Care of New England →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing