Kaiser Foundation Health Plan of Colorado

96%

Four-Star Charity

Impact & Measurement

Accountability & Finance

Culture & Community

Leadership & Adaptability

Kaiser Foundation Health Plan of Colorado

Is this your nonprofit?

501(c)(3) organization

Donations are tax-deductible

WWW.KP.ORG

10350 E DAKOTA AVE

Oakland CA 80247-1314

510-271-6611

Oakland CA | IRS ruling year: 1981 | EIN: 84-0591617

An EIN is a unique nine-digit number that identifies a business for tax purposes.

Organization Mission

TO PROVIDE HIGH-QUALITY, AFFORDABLE HEALTH CARE SERVICES TO IMPROVE THE HEALTH OF OUR MEMBERS AND THE COMMUNITIES WE SERVE.

Rating Information

Great

This charity's score is 96%, earning it a Four-Star rating.

This overall score is calculated entirely from a single beacon score, weighted as follows: 100% Accountability & Finance. Learn more about our criteria and methodology.

Historical Ratings

Proceed with Caution - Alleged Fraud

On July 30, 2021, The Associated Press reported on improper conduct alleged to have taken place at Kaiser Foundation Health Plan of Colorado in an article titled, "US sues Kaiser Permanente over alleged Medicare fraud." For more information regarding this matter, please see The Associated Press article.

On October 8, 2022, The New York Times published an article titled "‘The Cash Monster Was Insatiable’: How Insurers Exploited Medicare for Billions." For more information, please see The New York Times article

On September 8, 2023, ABC News reported on a settlement entered into by Kaiser Foundation Health Plan of Colorado in an article titled, “Kaiser to pay $49 million to California for illegally dumping private medical records, medical waste.” For more information regarding this matter, please see ABC News article.

For more information about our alerts methodology, see here.

Accountability & Finance

Score

96

Most Recent Fiscal Year:
FY 2022

This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.

Learn more

Key Accountability Metrics

Full Credit

Partial Credit

No Credit

Majority Independent Board Members - 92% independent members

8 out of 8 points

Independent Board Size - 13 independent members

7 out of 7 points

Financial Statements - Audit and Oversight Committee

15 out of 15 points

Total Revenue Amount	Expectation to Receive Credit
$2 million or higher and 40% or higher donor support	Expected to complete an audit and have an audit oversight committee
$1 million or higher	Expected to complete an audit
$500,000 - $1 million	Expected to complete an audit, review, or compilation
Less than $500,000	No expectation (removed from scoring methodology)

Material Diversion of Assets - None

10 out of 10 points

Tax Form Disclosures and Policies

Full Credit

Partial Credit

No Credit

Website Listed on Tax Form - Listed

2 out of 2 points

Conflict of Interest Policy - Listed

4 out of 4 points

Whistleblower Policy - Listed

4 out of 4 points

Document Retention and Destruction - Listed

4 out of 4 points

Documents Board Meeting Minutes - Yes

2 out of 2 points

Website Disclosures

Full Credit

Partial Credit

No Credit

Tax Form Posted on Nonprofit's Website - Missing

0 out of 4 points

Financial Metrics

Full Credit

Partial Credit

No Credit

Liabilities to Assets: Ratio - 38.72%

15 out of 15 points

Program Expense: Ratio - 93.66%

25 out of 25 points

Additional Information

Total Revenue and Expenses - Data Available

Salary of Key Persons - Data Available

IRS Published Data (Business Master File) - Data Available

Data Sources (IRS Forms 990) - Data Available