Overview

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Est.

1973

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

990 file icon
2024
990 file icon
2023
990 file icon
2022
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AI Summary

MEDICA HEALTH PLANS is a health care administration and financing organization with a mission to be “the trusted health plan of choice” for customers, members, partners, and employees. In filing year 2024, it reported an operating budget of $203.3M and total revenue of $1.8B; its listed top funder is Medica Research Institute, which contributed $6.4K.

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Mission Statement

TO BE THE TRUSTED HEALTH PLAN OF CHOICE FOR CUSTOMERS, MEMBERS, PARTNERS AND OUR EMPLOYEES.

Cause Areas

1
Health care administration and financing
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Financials

2024
Revenues
$1.8B
Expenses
$1.9B
Net Income:
-$107M
Assets
$971.7M
Liabilities
$416.3M
Net Assets:
+$555.4M

Financial Trends

2024
Operating Budget
$203.3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
Medica Research Institute
MINNETONKA, MN, US
$6.4K
6%

Grants Received

2015
Total No. of Grants
1
Median grant size
$6.4K
Largest grant received
$6.4K

Board & Team

M
Mary Twinem
Board Member
P
Peter Kelley
Board Member
J
John Stanoch
Board Member
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  • 12 historic 990s & financials
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Frequently Asked Questions

What is MEDICA HEALTH PLANS’s budget?
In 2024, MEDICA HEALTH PLANS reported an annual operating budget of around $203.3 million. More detailed financial information is available to registered users.
What causes does MEDICA HEALTH PLANS support?
MEDICA HEALTH PLANS supports work in Health care administration and financing.
Where does MEDICA HEALTH PLANS operate?
MEDICA HEALTH PLANS is headquartered in Minnetonka, MN.
Who funded MEDICA HEALTH PLANS recently?
In 2015, MEDICA HEALTH PLANS received grants from Medica Research Institute. More information on this organization’s funders is available to registered users.
What is the largest grant MEDICA HEALTH PLANS received in 2015?
The largest grant to MEDICA HEALTH PLANS in 2015 exceeds $6,420.