HEALTH INSURANCE PLAN OF GREATER NEW YORK
Income Statement
Fiscal Year Start:
Jan 1
Data visualization unavailable
Revenues in 2024
$4,710,482,271
Program Services
N/A
Investments
N/A
Government Grants
N/A
Contributions
N/A
Fundraising Events
N/A
Membership Dues
N/A
Expenses in 2024
$4,743,722,251
Other
91%
Fees to Service Providers
4%
Salaries & Benefits
4%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Interest
<1%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$181,336
$913,464
+404%
Fundraising Events
$0
$0
-
Program Services
$5,309,979,819
$4,702,286,092
-11%
Membership Dues
$0
$0
-
Investments
$6,437,117
$11,807,870
+83%
Other
$119,704
-$4,525,155
-3880%
Total Revenues
$5,316,717,976
$4,710,482,271
-11%
Expenses
2023
2024
Change
Grants
$185,570
$167,975
-9%
Benefits to Members
$0
$0
-
Salaries & Benefits
$189,473,444
$178,011,041
-6%
Fees to Service Providers
$178,565,065
$187,279,395
+5%
Advertising & Promotion
$1,655,225
$303,712
-82%
Offices, Occupancy & IT
$41,906,898
$44,621,562
+6%
Interest
$3,593,205
$2,998,440
-17%
Depreciation
$19,378,007
$11,697,288
-40%
Other
$4,974,334,091
$4,318,642,838
-13%
Total Expenses
$5,409,091,505
$4,743,722,251
-12%
Net income
2023
2024
Change
Net income
-$92,373,529
-$33,239,980
+64%
Functional Expenses
Summary
2023
2024
Change
Program
$4,914,102,205
$4,255,454,866
-13%
Admin
$494,989,300
$488,267,385
-1%
Fundraising
$0
$0
-
Total Expenses
$5,409,091,505
$4,743,722,251
-12%
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