Overview
What is Group Health Cooperative Of Eau Claire?
Group Health Cooperative of Eau Claire is a nonprofit organization based in Eau Claire, Wisconsin. With a workforce of approximately 69 employees, the cooperative offers insurance coverage for commercial, Medicaid, and SSI members, totaling approximately 1.1 million member months in 2022. Beyond insurance, the cooperative also focuses on medical management and coordination of care for its members. The organization's mission is to provide comprehensive prepaid preventative and curative healthcare, emphasize disease prevention and early care, offer cost incentives, and improve the quality and distribution of care. The cooperative's purpose is to help its subscribers secure healthcare for themselves, their families, and their dependents.
Official website here: www.group-health.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Group Health Cooperative Of Eau Claire has achieved an impressive score of 96%, reflecting their strong commitment to accountability and financial health. This high rating is derived entirely from their performance in the Accountability & Finance category, indicating a robust governance framework and responsible financial management practices.
The organization demonstrates exceptional governance with a fully independent board, which ensures unbiased oversight and decision-making. Their financial health is also commendable, with a low liabilities to assets ratio of 40%, and an impressive program expense ratio of 89.28%, highlighting their effectiveness in directing funds towards their mission rather than administrative costs.
While the rating is outstanding, it is important for potential donors to consider the operational context and the specific programs that the cooperative supports. Engaging with the organization directly may provide deeper insights into their impact and ongoing initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Group Health Cooperative Of Eau Claire legitimate?
Group Health Cooperative Of Eau Claire is a legitimate nonprofit organization registered as a 501(c)(3) entity. Group Health Cooperative Of Eau Claire submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,542,569
For more financial information, click here
Official website here: www.group-health.com
What is the mission statement of Group Health Cooperative Of Eau Claire?
The Group Health Cooperative of Eau Claire aims to enhance the healthcare experience of its members by pooling together health-related resources. The organization's primary mission is to provide comprehensive preventative and curative healthcare services to members, their families, and dependents. It emphasizes the importance of disease prevention and early care, offering incentives to encourage cost containment and resource productivity. The cooperative strives for improved quality of care and increased geographic distribution, ensuring that healthcare services are accessible and effective for all.
Official website here: www.group-health.com
Who is the CEO of Group Health Cooperative Of Eau Claire?
Douglas Hoffer is the Treasurer of Group Health Cooperative Of Eau Claire. The CEO's salary of Group Health Cooperative Of Eau Claire is $0 and their total compensation is $0.
Official website here: www.group-health.com
What is the revenue of Group Health Cooperative Of Eau Claire?
Group Health Cooperative Of Eau Claire's revenue in 2022 was $177,386,611.
Official website here: www.group-health.com
Who are the executives of Group Health Cooperative Of Eau Claire and what are their salaries?
The average compensation at Group Health Cooperative Of Eau Claire during 2022 was $36,849. There are 69 employees and 11 volunteers at Group Health Cooperative Of Eau Claire.
Here are 17 key members and their salaries (Group Health Cooperative Of Eau Claire's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $122,201
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- Other: $23,959
Official website here: www.group-health.com
Where can I find the form 990 for Group Health Cooperative Of Eau Claire?
Group Health Cooperative Of Eau Claire's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.group-health.com
Learn more at the official website: www.group-health.com
Mission Statement of Group Health Cooperative Of Eau Claire
Group Health Cooperative of Eau Claire, a health care organization, is committed to enhancing the wellbeing of its members by pooling together health-related resources. Its primary goal is to offer comprehensive prepaid preventative and curative health care to its subscribers, their families, and dependents. Additionally, the cooperative places a strong emphasis on disease prevention and early care.
By joining forces, members of the cooperative not only secure access to healthcare services, but also contribute to cost containment and productivity enhancement. The organization strives to improve not only the quality of care but also its geographic distribution, ensuring that members have access to essential healthcare services no matter where they reside. Through its cooperative model, Group Health Cooperative of Eau Claire seeks to make healthcare more accessible and affordable for its members, focusing on the importance of preventative care and early intervention.
In summary, the mission of Group Health Cooperative of Eau Claire is to provide members with a means to secure comprehensive health care, emphasize disease prevention and early care, incentivize cost containment and resource productivity, and improve both the quality and geographic distribution of care. The cooperative's dedication to these principles enables it to optimize healthcare for its members, ensuring they have access to the care they need when they need it.
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Impact
October, 2024
Group Health Cooperative of Eau Claire significantly enhances healthcare access and quality for its members through the pooling of health-related resources. By offering insurance coverage to commercial, Medicaid, and SSI members, it plays a vital role in ensuring that a wide range of individuals receive necessary medical care.
In 2022, the cooperative reported approximately 60,439 commercial member months, 677,753 Medicaid member months, and 41,388 SSI member months. This extensive membership underlines its crucial position in the healthcare landscape of Eau Claire and beyond. The cooperative not only provides insurance coverage but also emphasizes the importance of disease prevention and early care, fostering a healthier community overall.
Through its mission, Group Health Cooperative prioritizes comprehensive, prepaid preventative and curative healthcare. It aims to lower healthcare costs while improving the quality of care and its distribution across different regions. Additionally, by offering medical management and care coordination, the cooperative ensures that members navigate the healthcare system effectively, resulting in better health outcomes and increased productivity of healthcare resources.
This information is meant to be a general summary of Group Health Cooperative Of Eau Claire. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $308,639
- Program Service Revenue: $177,077,972
- Gross Receipts: $199,046,171
Assets and Liabilities:
- Total Assets: $98,377,112
- Total Liabilities: $39,355,526
- Net Assets: $59,021,586
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MED & HOSP PREMIUM
Revenue
$159,189,513
SSI & MA CAPITATION
Revenue
$17,888,459
Organization Details
Founding Year
1972
Phone
(715) 552-4300Principal Officer
Douglas Hoffer
Main Address
PO BOX 3217, EAU CLAIRE, WI, 547023217
Website
www.group-health.comNTEE Category
Code: E81Z - Health
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