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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Mutual & Membership Benefit Minuteman Health Inc.

Minuteman Health Inc.

Fiscal year ending 2017. Filed on November 13, 2018.

330 Whitney Avenue Suite Ste 500
Suite 500
Holyoke, Massachusetts 01040

Minuteman Health Inc. (EIN: 45-3596033) has filed an IRS Form 990 from fiscal year 2016–2022. In its fiscal year 2017 IRS Form 990 filing, Minuteman Health Inc., a 501(c)(29) qualified nonprofit health insurance issuer, reported compensation for 15 out of 70 total employees. Among the employees shown here, the average compensation is $245,286. The highest compensated employee at Minuteman Health Inc. is Thomas Policelli with fiscal year 2017 compensation of $422,409.

Revenue, expenses, and employee compensation

Revenue

$76,946,920

Expenses

$123,415,516

Employee compensation

$9,646,056
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Thomas Policelli
President and Chief Executive Officer
$422,409
$412,379 No related comp$10,030
Jan Cook
Chief Medical Officer
$380,181
$369,938 No related comp$10,243
Robert Chin
Chief Information Officer
$359,473
$351,617 No related comp$7,856
Susan E Brown
CEO and General Counsel
$352,700
$342,650 No related comp$10,050
Michael Boudreau
Senior Vice President, Operations
$308,699
$307,043 No related comp$1,656
Keith Ledoux
Senior Vice President of Sales and Retention
$230,891
$224,987 No related comp$5,904
Gregory Pence
Interim CFO and Chief Actuary
$226,316
$217,204 No related comp$9,112
Janice Goguen
Treas./Control and CAO
$204,208
$197,101 No related comp$7,107
Lynn Latham
Vice President, Operations
$197,664
$191,891 No related comp$5,773
Heidi Henson
Vice President, Human Resources
$180,068
$173,591 No related comp$6,477
Ryan Czado
Pharmacy Director
$178,126
$173,447 No related comp$4,679
Margaret Dresing
Vice President of Product
$171,308
$166,652 No related comp$4,656

Benchmark Employee Compensation

Non-Employee Board Members

J Chris Kryder
Director
$7,656
$7,656 No related compNo other comp
Kelly Dekeyser
Director
$2,925
$2,925 No related compNo other comp
Bradford Kimler
Director
$2,925
$2,925 No related compNo other comp
Debra Sue Casey
Director
$2,925
$2,925 No related compNo other comp
Christopher Perna
Director
$2,925
$2,925 No related compNo other comp
Michael Taylor
Director
$2,925
$2,925 No related compNo other comp
Marvin Konstam, M.D.
Director
$2,925
$2,925 No related compNo other comp
Ellen Zane
Board Chair
$2,925
$2,925 No related compNo other comp
Robert Brooks
VICE Chairman/Clerk
$2,925
$2,925 No related compNo other comp

Contractors

Optum Rx
Pharm. Benefits Management
$20,777,066
Health New England
TPA
$6,175,835
Provider Network Alliance
Network Provider
$4,953,422
Guy Carpenter CO LLC
Intermediary
$2,269,222
Millman
Actuarial
$1,253,375

Mission Statement

MINUTEMAN HEALTH INC. MHI IS IN LIQUIDATION WHILE STILL ACTIVE IT PROVIDED HEALTH INSURANCE TO INDIVIDUALS AND EMPLOYERS IN MA AND NH. ON AUGUST 2 2017 AN ORDER OF REHABILITATION WAS FILED WITH THE SUPREME JUDICIAL COURT FOR SUFFOLK COUNTY THE COURT. THE ACTING COMMISSIONER OF INSURANCE FOR THE COMMONWEALTH OF MASSACHUSETTS AND HIS SUCCESSOR IN OFFICE WAS APPOINTED AS RECEIVER OF MHI FOR THE PURPOSE OF REHABILITATING MHI AND CONSERVING ITS ASSETS UNDER G.L.C. 176G PARAGRAPHS 20 AND 20A AND G.L.C. 175 PARAGRAPH 180B. AS OF DECEMBER 31 2017 ALL MHI MEMBER POLICIES WERE TERMINATED. ON APRIL 25 2018 AN ORDER OF LIQUIDATION WAS ENTERED BY THE COURT. THE COMMISSIONER OF INSURANCE WAS APPOINTED AS LIQUIDATOR OF MHI. ON SEPTEMBER 14 2022 AN ORDER AUTHORIZING THE FINAL DISTRIBUTION OF ASSETS DESTRUCTION OF RECORDS FILING OF NECESSARY TAX RETURNS AND CLOSING OF THIS PROCEEDING WAS ENTERED BY THE COURT.

Revisions to this organization profile

September 26, 2023:
2022 Minuteman Health Inc. 990 filed
September 20, 2022:
2021 Minuteman Health Inc. 990 filed
November 4, 2021:
2020 Minuteman Health Inc. 990 filed

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