Overview

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Est.

2023

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Michigan Health Purchasers Coalition (MIHPC) is a 501(c)(4) nonprofit organization focused on mobilizing employers, families, and healthcare stakeholders in Michigan to address the high costs of employer-sponsored healthcare. With an operating budget of $108.8K and total revenue of $225K, MIHPC's initiatives include promoting hospital price transparency, prohibiting anti-competitive practices, and advocating for fair pricing across all healthcare payers. The organization receives significant support from ACTION NOW INC, which contributes to its funding but does not account for over 50% of its total revenue.

Mission Statement

MICHIGAN HEALTH PURCHASERS COALITION (MIHPC) IS A 501(C)(4) ESTABLISHED TO MOBILIZE EMPLOYERS, FAMILIES AND OTHER HEALTHCARE STAKEHOLDERS ACROSS THE STATE TO REIN IN THE EXCESSIVE PRICES PAID FOR EMPLOYER-SPONSORED HEALTHCARE FOR OVER HALF OF ALL MICHIGANDERS. MIHPC INITIATIVES INCLUDE INCREASING HOSPITAL PRICE TRANSPARENCY, PROHIBITING ANTI-COMPETITIVE CONTRACTS AND BILLING, INCREASING OVERSIGHT ON CONSOLIDATIONS AND MERGERS, AND INCORPORATING FAIR PRICING AMONG ALL PAYERS OF HEALTHCARE.
Revenues
$225K
Expenses
$108.8K
Net Income:
+$116.2K
Assets
$121.2K
Liabilities
$5K
Net Assets:
+$116.2K
Operating Budget
$108.8K
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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Total No. of Grants
1
Median grant size
$225K
Largest grant received
$225K
B
Bret Jackson
Board Member
M
Mike Grudzinski
Board Member
S
Stacy Leick
Board Member

Frequently Asked Questions

What is MICHIGAN HEALTH PURCHASERS COALITION’s budget?
In 2024, MICHIGAN HEALTH PURCHASERS COALITION reported an annual operating budget of around $109 thousand. More detailed financial information is available to registered users.
Where does MICHIGAN HEALTH PURCHASERS COALITION operate?
MICHIGAN HEALTH PURCHASERS COALITION is headquartered in Novi, MI.
Who funded MICHIGAN HEALTH PURCHASERS COALITION recently?
In 2024, MICHIGAN HEALTH PURCHASERS COALITION received grants from ACTION NOW INC. More information on this organization’s funders is available to registered users.
What is the largest grant MICHIGAN HEALTH PURCHASERS COALITION received in 2024?
The largest grant to MICHIGAN HEALTH PURCHASERS COALITION in 2024 exceeds $225 thousand.