Overview
What is Group Health Plan Inc?
Group Health Plan Inc, located in Minneapolis, Minnesota, is a leading nonprofit organization with a workforce of 8,327 dedicated individuals. Their primary mission is to improve health and well-being in collaboration with members, patients, and the community. The organization focuses on delivering essential services and partnerships to foster better health outcomes. The details of their program achievements and accomplishments can be found in Schedule O.
Official website here: www.healthpartners.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Group Health Plan Inc has earned a Three-Star rating from Charity Navigator, reflecting a strong performance in Accountability and Finance with an overall score of 81%. The charity demonstrates a solid commitment to transparency and fiscal responsibility, as evidenced by its independent board makeup and comprehensive financial oversight measures.
The organization boasts an impressive 80% independent board member ratio and a well-structured audit and oversight committee, which contributes significantly to its accountability score. Additionally, the absence of any material diversion of assets and the presence of key governance policies highlight its dedication to ethical practices. The program expense ratio also indicates that a substantial 80.06% of its expenditures go directly towards its programs.
However, the charity has room for improvement, particularly regarding its liabilities to assets ratio, which received a lower score. While the organization excels in many areas, addressing financial liabilities could enhance its overall stability and confidence among donors. Overall, Group Health Plan Inc demonstrates a strong commitment to accountability but should focus on improving financial health metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Group Health Plan Inc legitimate?
Group Health Plan Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Group Health Plan Inc 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: $41,765,240
Professional Fundraising Fees: $0
Other Salaries and Wages: $529,635,332
For more financial information, click here
Official website here: www.healthpartners.com
What is the mission statement of Group Health Plan Inc?
Group Health Plan Inc's mission is geared towards enhancing the health and well-being of its members, patients, and the community. The organization is dedicated to this cause, working in collaboration with these groups to achieve optimal health outcomes. By focusing on the improvement of health and well-being, Group Health Plan Inc aims to make a positive impact on the lives of individuals and communities. Their efforts encompass partnerships that foster ongoing support and commitment to overall health and wellness. Although specific program service accomplishments can be found in their exempt purpose and achievements description, the mission remains centered around this fundamental goal.
Official website here: www.healthpartners.com
Who is the CEO of Group Health Plan Inc?
Andrea M Walsh is the CEO of Group Health Plan Inc The CEO's salary of Group Health Plan Inc is $2,738,020 and their total compensation is $3,630,317.
Official website here: www.healthpartners.com
What is the revenue of Group Health Plan Inc?
Group Health Plan Inc's revenue in 2023 was $1,261,559,253.
Official website here: www.healthpartners.com
Who are the executives of Group Health Plan Inc and what are their salaries?
The average compensation at Group Health Plan Inc during 2023 was $67,935. There are 8411 employees and 208 volunteers at Group Health Plan Inc.
Here are 76 key members and their salaries (Group Health Plan Inc's CEO's salary is $2,738,020 and their total compensation is $3,630,317):
- Compensation: $30,000
- Related: $0
- Other: $0
- Compensation: $36,000
- Related: $0
- Other: $0
- Compensation: $50,000
- Related: $0
- Other: $0
- Compensation: $33,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,096,741
- Other: $175,918
- Compensation: $2,738,020
- Related: $0
- Other: $892,297
- Compensation: $33,000
- Related: $0
- Other: $0
- Compensation: $1,383,266
- Related: $0
- Other: $284,988
- Compensation: $811,272
- Related: $0
- Other: $238,674
- Compensation: $325,412
- Related: $0
- Other: $102,075
- Compensation: $0
- Related: $282,614
- Other: $75,381
- Compensation: $284,349
- Related: $0
- Other: $62,162
- Compensation: $628,736
- Related: $0
- Other: $136,350
- Compensation: $303,174
- Related: $0
- Other: $92,661
- Compensation: $351,059
- Related: $0
- Other: $114,847
- Compensation: $403,569
- Related: $0
- Other: $108,557
- Compensation: $377,706
- Related: $0
- Other: $112,080
- Compensation: $247,144
- Related: $0
- Other: $58,758
- Compensation: $563,840
- Related: $0
- Other: $104,546
- Compensation: $458,049
- Related: $0
- Other: $67,579
- Compensation: $346,707
- Related: $0
- Other: $41,022
- Compensation: $477,764
- Related: $0
- Other: $67,890
- Compensation: $269,795
- Related: $0
- Other: $60,182
- Compensation: $411,732
- Related: $0
- Other: $66,856
- Compensation: $421,967
- Related: $0
- Other: $75,816
- Compensation: $847,036
- Related: $0
- Other: $166,281
- Compensation: $392,799
- Related: $0
- Other: $66,082
- Compensation: $741,916
- Related: $0
- Other: $150,733
- Compensation: $421,952
- Related: $0
- Other: $119,835
- Compensation: $447,462
- Related: $0
- Other: $66,985
- Compensation: $308,670
- Related: $0
- Other: $53,903
- Compensation: $427,857
- Related: $0
- Other: $105,197
- Compensation: $590,639
- Related: $0
- Other: $69,580
- Compensation: $351,933
- Related: $0
- Other: $137,535
- Compensation: $517,174
- Related: $0
- Other: $77,058
- Compensation: $1,087,224
- Related: $0
- Other: $388,642
- Compensation: $324,726
- Related: $0
- Other: $121,717
- Compensation: $320,205
- Related: $0
- Other: $99,578
- Compensation: $671,461
- Related: $0
- Other: $139,951
- Compensation: $439,861
- Related: $0
- Other: $104,474
- Compensation: $389,040
- Related: $0
- Other: $68,350
- Compensation: $383,123
- Related: $0
- Other: $65,966
- Compensation: $1,312,315
- Related: $0
- Other: $394,374
- Compensation: $419,855
- Related: $0
- Other: $121,597
- Compensation: $657,914
- Related: $0
- Other: $140,179
- Compensation: $356,134
- Related: $0
- Other: $65,484
- Compensation: $687,853
- Related: $0
- Other: $142,515
- Compensation: $590,936
- Related: $0
- Other: $219,998
- Compensation: $512,743
- Related: $0
- Other: $141,287
- Compensation: $574,234
- Related: $0
- Other: $112,052
- Compensation: $342,961
- Related: $0
- Other: $100,801
- Compensation: $496,384
- Related: $0
- Other: $43,428
- Compensation: $466,460
- Related: $0
- Other: $67,284
- Compensation: $0
- Related: $999,887
- Other: $169,547
- Compensation: $1,416,587
- Related: $0
- Other: $275,641
- Compensation: $551,678
- Related: $0
- Other: $209,976
- Compensation: $439,138
- Related: $0
- Other: $66,863
- Compensation: $1,079,578
- Related: $0
- Other: $209,377
- Compensation: $326,808
- Related: $0
- Other: $108,906
- Compensation: $409,341
- Related: $0
- Other: $50,966
- Compensation: $351,407
- Related: $0
- Other: $50,019
- Compensation: $481,363
- Related: $0
- Other: $68,951
- Compensation: $639,021
- Related: $0
- Other: $139,060
- Compensation: $1,029,966
- Related: $0
- Other: $62,758
- Compensation: $494,297
- Related: $0
- Other: $76,938
- Compensation: $294,384
- Related: $0
- Other: $129,461
- Compensation: $317,969
- Related: $0
- Other: $45,951
- Compensation: $95,096
- Related: $0
- Other: $39,106
- Compensation: $1,761,204
- Related: $0
- Other: $87,049
- Compensation: $1,651,402
- Related: $0
- Other: $81,045
- Compensation: $1,390,318
- Related: $0
- Other: $145,765
- Compensation: $1,832,331
- Related: $0
- Other: $85,834
- Compensation: $1,361,382
- Related: $0
- Other: $125,047
- Compensation: $259,817
- Related: $0
- Other: $82,232
- Compensation: $179,908
- Related: $0
- Other: $46,240
- Compensation: $284,643
- Related: $0
- Other: $121,735
Official website here: www.healthpartners.com
Where can I find the form 990 for Group Health Plan Inc?
Group Health Plan Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.healthpartners.com
Learn more at the official website: www.healthpartners.com
Mission Statement of Group Health Plan Inc
Group Health Plan Inc, a mission-driven organization, strives to enhance the health and well-being of its members, patients, and the community it serves. With a strong commitment to this purpose, the nonprofit aims to forge powerful partnerships to bring about positive change.
The core objective of Group Health Plan Inc is to foster a healthier population. By collaborating closely with its members and patients, the organization seeks to provide essential services that cater to their unique needs. Through this approach, Group Health Plan Inc aspires to create a healthier community, where every individual can live their best life.
Group Health Plan Inc goes beyond just offering health services. Its mission extends to building strong partnerships that foster improved health and well-being. By working hand-in-hand with its members and patients, the organization aims to create a shared sense of responsibility for overall health. Together, they embark on the journey towards better health, ensuring that each person receives the necessary support and resources to thrive.
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Impact
October, 2024
Group Health Plan Inc plays a significant role in enhancing health and well-being within the Minneapolis community and beyond. The organization focuses on building partnerships with its members, patients, and the wider community to improve overall health outcomes. By implementing various health improvement initiatives and programs, Group Health Plan Inc addresses the specific needs of individuals, fosters preventive care, and promotes wellness.
Their efforts not only provide direct health services but also encourage community engagement and collaboration. This comprehensive approach allows them to effectively respond to health challenges, promote healthier lifestyles, and create supportive environments for members and patients. Ultimately, Group Health Plan Inc's commitment to improving health and well-being has a lasting impact on the community, contributing to better health outcomes and enhancing quality of life for individuals and families.
This information is meant to be a general summary of Group Health Plan Inc. 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 2023.
- Investment Income: $13,127,182
- Program Service Revenue: $975,889,753
- Gross Receipts: $1,409,113,131
Assets and Liabilities:
- Total Assets: $1,275,552,065
- Total Liabilities: $966,537,267
- Net Assets: $309,014,798
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEE FOR SERVICE HEALTH
Revenue
$895,176,869
MEDICAL RETAIL REVENUE
Revenue
$87,096,743
MEDICAL PREMIUMS
Revenue
-$6,383,859
Organization Details
Founding Year
1955
Principal Officer
Penny D Cermak
Website
www.healthpartners.comNTEE Category
Code: E310 - Health
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