PROPUBLICA Fearless Reporting for an Informed Society — Join Us.
DONATE
Skip to content
ProPublica Donate
ProPublica Donate

Point32 Health Inc

  • Canton, MA
  • Tax-exempt since March 2017
  • EIN: 81-4089215

Organization summary

Type of Nonprofit

Designated as a Civic leagues, social welfare organizations and local associations of employees, created to promote community welfare for charitable, educational or recreational purposes.

Category: Health — General and Rehabilitative / Research Institutes and/or Public Policy Analysis (NTEE)

Donations to this organization are not tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Provided first-class or charter travel
Organization provided first-class or charter travel to key employees or officers. Details are reported on Schedule J.

Summary charts: organization finances over time

Revenue
−$55.5M (2023)

Expenses
$35.2M (2023)

Total Assets
$2.08B (2023)

Total Liabilities
$19.1M (2023)

Source: Form 990 tax filings from 2016 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$55,454,916
Expenses
$35,168,849
Net Income
-$90,623,765
Net Assets
$2,063,961,793
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income -$396,838
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$55,058,078
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,083,086,166
Total Liabilities $19,124,373
Net Assets $2,063,961,793
Other
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
Cain Hayes (President & Ceo) $0 $3,859,017 $387,442
Philip Barr (Evp, President, Markets) $0 $1,750,853 $201,705
Patricia Howard (Coo (End 5/3)) $0 $1,613,105 $59,229
Umesh Kurpad (Cfo (End 7/4)) $0 $1,454,835 $166,409
Pete Church (Chief People Officer) $0 $1,348,346 $199,722
Tisa Hughes (Clerk/Secretary) $0 $1,330,477 $135,726
Tracey Carter (Svp, Chief Actuary) $0 $1,175,535 $167,611
Selma Ferhatbegovic (Svp, Chief Information Officer) $0 $1,107,453 $152,803
Mark Porter (Treasurer (Start 10/12)) $0 $1,055,628 $166,825
Patricia Blake (Svp, President Medicare) $0 $1,051,263 $160,733
Kristin Lewis (Chief Pub & Comm Aff Officer) $0 $1,034,645 $152,533
Michael Carson (Former President (End 10/1/21)) $0 $866,154 $0
R Scott Walker (Cfo (Start 7/5)) $0 $727,951 $117,945
Susan Kee (Clerk/Secretary (Start 12/11)) $0 $645,368 $72,203
Roland Price (Treasurer (End 10/11)) $0 $596,123 $79,256
Thomas Croswell (Former Ceo) $0 $612,500 $9,150
Eileen Auen (Director, Chair) $0 $161,250 $0
Michael J Mccolgan (Director) $0 $131,750 $0
Gregory D Tranter (Director) $0 $129,375 $0
Michael Shea (Director) $0 $123,375 $0
Bertram L Scott (Director) $0 $119,375 $0
Hedwig Veith Whitney (Director) $0 $117,375 $0
Myechia Minter Jordan Md (Director (End 12/8)) $0 $116,375 $0
Todd Whitbeck (Director) $0 $113,000 $0
Peter Slavin Md (Director) $0 $112,000 $0
See filing for compensation of 4 other people →
+ View more people

Document Links

990
Filed on Nov. 15, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$13,473,446
Expenses
$1,246,725
Net Income
-$14,720,171
Net Assets
$2,458,005,979
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,105,733
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$14,579,179
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,458,191,290
Total Liabilities $185,311
Net Assets $2,458,005,979
Compensation
Key Employees and Officers Compensation Related Other
Cain Hayes (President & Ceo) $0 $2,440,620 $335,990
Michael Carson (Former President) $0 $2,220,842 $0
Umesh Kurpad (Cfo) $0 $1,495,153 $197,450
Derek Abruzzese (Svp, Corp Strategy (End 4/15)) $0 $1,573,814 $56,051
Thomas Croswell (Former Ceo) $0 $1,500,205 $13,348
Tisa Hughes (Clerk/Secr;Chief Legal Officer) $0 $1,189,371 $119,513
Michael Sherman Md (Chief Medical Officer) $0 $1,114,767 $167,305
Philip Barr (Evp, President, Markets) $0 $1,074,785 $165,727
Mark Porter (Svp, Chief Accounting Officer) $0 $1,045,332 $161,168
Tracey Carter (Svp, Chief Actuary) $0 $1,035,246 $161,767
Pete Church (Chief People Officer) $0 $1,013,577 $169,588
Kristin Lewis (Former Officer) $0 $816,127 $142,929
Jean Yang (Former Officer) $0 $711,295 $54,355
Patricia Howard (Chief Operations Officer) $0 $614,901 $127,646
Roland Price (Treasurer) $0 $541,488 $110,632
Susan Kee (Former Asst. Clerk) $0 $528,322 $61,012
Marc Spooner (Former Coo) $0 $499,935 $0
Joyce Murphy (Director, Chair (End 6/7)) $0 $89,000 $0
Eileen Auen (Director, Chair (Start 6/7)) $0 $77,625 $0
Michael J Mccolgan (Director) $0 $73,000 $0
Michael Shea (Director) $0 $71,500 $0
Gregory D Tranter (Dir, Vice Chair (Vc End 6/7)) $0 $68,500 $0
Hedwig Veith Whitney (Director) $0 $68,500 $0
Myechia Minter Jordan Md (Director) $0 $65,500 $0
Bertram L Scott (Director) $0 $62,375 $0
See filing for compensation of 7 other people →
+ View more people

Document Links

990
Filed on Nov. 15, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$289,940,305
Expenses
$1,040,051
Net Income
$288,900,254
Net Assets
$2,478,619,056
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $785,530
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $289,154,775
99.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $934,958
89.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,478,649,185
Total Liabilities $30,129
Net Assets $2,478,619,056
Other
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
Thomas Croswell (Ceo (End 7/5)) $4,802,173 $0 $382,060
Michael Carson (President (End 10/1)) $4,662,676 $0 $73,735
Marc Spooner (Coo (End 10/3)) $3,585,084 $0 $202,066
Patricia Trebino (Svp,Coo End1/4, End Officer1/1) $2,714,882 $0 $132,256
Cynthia Ring (Cpo (End 9/3)) $2,375,924 $0 $108,114
Mary Mahoney (Clerk;Svp,Clo End1/4 Endoff1/1) $2,277,009 $0 $466,582
Paul Kasuba (Svp, Cmo (End 1/4)) $2,132,321 $0 $124,507
Marc Backon (Pres, Com Products (End 1/4)) $2,074,641 $0 $130,127
Lydia Greene (Svp, Chf Hr Officer (End 1/4)) $1,815,530 $0 $344,633
Umesh Kurpad (Treas. End 7/5 Cfo Start 7/5) $1,763,169 $0 $178,125
Cain Hayes (Ceo Start 7/5 Pres&Ceo St 10/1) $1,468,014 $0 $80,030
Tisa Hughes (Clerk & Clo; Sec Start 7/5/21) $1,445,176 $0 $79,942
Michael Sherman (Chief Medical Officer) $1,181,701 $0 $148,872
Patricia Blake (Svp, Pres. Medicare) $1,075,435 $0 $243,190
Tracey Carter (Svp, Chief Actuary) $1,074,937 $0 $272,259
Richard Weisblatt (Svp, Integr Mgmt Off.) $1,034,835 $0 $87,020
Jean Yang (Former Officer (Ended 6/2018)) $777,090 $0 $126,106
Derek Abruzzese (Former Officer (Ended 6/2018)) $592,590 $0 $208,008
Kristin Lewis (Former Officer (Ended 6/2018)) $581,178 $0 $166,809
Susan Kee (Vp, Dep. Gen. Counsel) $574,282 $0 $91,297
Roland Price (Treasurer Start 7/5) $524,716 $0 $115,448
Patricia Howard (Coo Start 11/15) $190,873 $0 $25,727
Gregory D Tranter (Director, Vice Chair St 1/1/21) $92,625 $0 $0
Joyce Murphy (Director, Chair) $90,000 $0 $0
Eileen Auen (Director) $83,000 $0 $0
See filing for compensation of 11 other people →
+ View more people

Document Links

990
Filed on Nov. 14, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
View Filing (2 of 2)

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$53,325,995
Expenses
$820,043
Net Income
$52,505,952
Net Assets
$1,421,354,985
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,052,996
2.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $41,421
0.1%
Net Inventory Sales $0
Other Revenue $52,231,578
97.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $716,500
87.4%
Professional Fundraising Fees $0
Other Salaries and Wages $4,500
0.5%
Assets/Debt
Total Assets $1,421,389,846
Total Liabilities $34,861
Net Assets $1,421,354,985

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$176,991,389
Expenses
$1,011,597
Net Income
$175,979,792
Net Assets
$1,367,176,729
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,002,764
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $15,478
0.0%
Net Inventory Sales $0
Other Revenue $175,973,147
99.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $788,500
77.9%
Professional Fundraising Fees $0
Other Salaries and Wages $6,000
0.6%
Assets/Debt
Total Assets $1,367,186,352
Total Liabilities $9,623
Net Assets $1,367,176,729

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$129,396,754
Expenses
$1,091,686
Net Income
$128,305,068
Net Assets
$1,179,001,859
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $963,420
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$27,027
Net Inventory Sales $0
Other Revenue $128,460,361
99.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $587,000
53.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,180,093,544
Total Liabilities $1,091,685
Net Assets $1,179,001,859
Compensation
Key Employees and Officers Compensation Related Other
Eileen Auen (Director) $0 $40,500 $0
Peter Drotch (Director (Thru 6/18)) $0 $32,500 $0
Michael J Mc Colgan (Director) $0 $49,500 $0
Bertram Scott (Director) $0 $44,000 $0
Irina Simmons (Director) $0 $50,500 $0
Mary Anna Sullivan (Director) $0 $50,000 $0
Frank Torti (Director) $0 $45,000 $0
Gregory D Tranter (Director & Vice Chairman) $0 $53,000 $0
Jeff A Weiss (Director(thru 8/18)) $0 $16,500 $0
Thomas A Croswell (President & Ceo) $0 $2,040,778 $181,001
Robert Spellman (Chairman Of The Board) $0 $75,000 $0
Thomas P O'neill Iii (Vice Chairman & Director) $0 $44,500 $0
Susan Windham Bannister (Director & Vice Chairman) $0 $49,000 $0
Charlotte Golar Richie (Director (Begin 6/18)) $0 $25,000 $0
Todd Whitbeck (Director (Begin 6/18)) $0 $22,000 $0
Patricia Blake (Pres, Sr Product) $0 $726,877 $140,911
Tracey Carter (Svp & Chief Actuary) $0 $678,692 $182,852
Lydia Greene (Svo, Chief Hr Ofr) $0 $613,554 $73,049
Maurice Hebert (Svp, Fin & Cao (Thru 9/18)) $0 $595,210 $43,242
Paul Kasuba (Svp & Cmo) $0 $697,618 $119,843
Umesh Kurpad (Svp & Cfo) $0 $1,049,619 $118,128
Mary O Mahoney (Clerk, Svp, Chief Legal Ofc) $0 $686,137 $77,195
Marc Spooner (Evp,Com & Gov't Pdts) $0 $874,432 $310,065
Patricia Trebino (Svp, Chief Opp Ofr) $0 $856,509 $103,958
Roland Price (Treasurer & Vp) $0 $450,360 $69,217
See filing for compensation of 11 other people →
+ View more people

Document Links

990
Filed on Nov. 14, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$161,078
Expenses
$12,134,456
Net Income
-$11,973,378
Net Assets
$1,052,741,715
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $161,078
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,052,741,715
Total Liabilities $0
Net Assets $1,052,741,715
Compensation
Key Employees and Officers Compensation Related Other
Susan Windham Bannister (Director) $0 $54,500 $0
Eileen Auen (Director) $0 $45,000 $0
Peter Drotch (Director) $0 $59,000 $0
Michael J Mc Colgan (Director (From 7/17)) $0 $17,500 $0
Bertram Scott (Director) $0 $42,000 $0
Irina Simmons (Director) $0 $48,000 $0
Mary Anna Sullivan (Director) $0 $0 $0
Frank Torti (Director) $0 $41,000 $0
Gregory D Tranter (Director) $0 $58,000 $0
Jeff A Weiss (Director (From 6/17)) $0 $16,500 $0
Thomas A Croswell (President & Ceo) $0 $1,730,340 $170,133
Robert Spellman (Chairman Of The Board) $0 $75,000 $0
Thomas P O'neill Iii (Vice Chairman And Director) $0 $48,000 $0
James Mcnulty (Director (Until 6/17)) $0 $28,000 $0
Derek Abruzzese (Svp, Chief Strategy Officer) $0 $451,936 $144,721
Marc Backon (President, Commercial Products) $0 $573,624 $76,938
Patricia Blake (President, Senior Products) $0 $633,740 $127,760
Tracey Carter (Svp And Chief Actuary) $0 $583,996 $153,024
Christopher Gorton (Svp (Until 12/17)) $0 $679,750 $82,933
Lydia Greene (Svp, Chief Hr Officer) $0 $527,791 $70,244
Maurice Hebert (Svp, Fin & Chief Accntg Offcr) $0 $616,703 $88,852
Paul Kasuba (Svp & Cmo) $0 $608,553 $112,975
Umesh Kurpad (Svp & Cfo) $0 $905,836 $109,883
Mary O Mahoney (Clerk, Svp, Chief Legal Ofc) $0 $555,713 $65,760
Marc Spooner (Evp, Comm & Govt Products) $0 $677,514 $222,081
See filing for compensation of 8 other people →
+ View more people

Document Links

990
Filed on Nov. 14, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$0
Expenses
$0
Net Income
$0
Net Assets
$1
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $1
Total Liabilities $0
Net Assets $1

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated