Overview
What is Portico Healthnet?
Portico Healthnet is a nonprofit organization situated in St. Paul, Minnesota. Established in 1995, its primary mission is to promote equitable access to health coverage for all Minnesotans. Portico achieves this by offering comprehensive assistance in determining health insurance eligibility, guiding individuals through the application process, and connecting them to relevant community resources. The organization's team of certified navigators, including MNsure navigators, work closely with clients from start to finish, advocating on their behalf with necessary county and state agencies and providing translation and interpreter services when required. Portico partners with various social service organizations, such as counties, food shelves, schools, workforce centers, and other community resources, to reach out to those in need and refer them to appropriate services. Annually, Portico screens over 11,000 uninsured and underinsured individuals for various health coverage options and aids in applications for medical assistance, Minnesotacare, and other state-funded public assistance programs. Additionally, the organization provides over 1,500 referrals to medical clinics, dental clinics, and other community resources.
Official website here: www.porticohealthnet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Portico Healthnet has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization scored 96% in its Accountability & Finance category, showcasing effective governance and financial management practices. All eight board members are independent, which contributes to unbiased decision-making, and the charity demonstrates excellent oversight through its audit and oversight committee.
The organization also performs well in several key areas, such as maintaining a high program expense ratio of 80.44%, indicating that a substantial portion of its resources is directed toward its programs. Additionally, Portico Healthnet has established robust policies, including a whistleblower policy and conflict of interest policy, ensuring transparency and ethical conduct within its operations.
There are no significant limitations noted in the data, suggesting that Portico Healthnet operates effectively and with integrity. This strong performance in accountability and finance underscores its reliability and potential impact in the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Portico Healthnet legitimate?
Portico Healthnet is a legitimate nonprofit organization registered as a 501(c)(3) entity. Portico Healthnet 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: $255,145
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,118,238
For more financial information, click here
Official website here: www.porticohealthnet.org
What is the mission statement of Portico Healthnet?
Portico Healthnet's mission is centered around advancing equitable access to health coverage for all individuals residing in Minnesota. Through their activities, they offer health insurance eligibility screening, personalized application and enrollment assistance, and connect individuals to relevant community resources. Their certified navigators work closely with clients, advocating on their behalf and providing translation and interpreter services when necessary. Portico partners with various organizations to reach out to those in need and refer them to appropriate services. Annually, they screen over 11,000 uninsured and underinsured individuals for eligibility under various health care coverage options and assist with applications for various state-funded public assistance programs. Furthermore, Portico provides over 1,500 referrals to medical clinics, dental clinics, and other community resources.
Official website here: www.porticohealthnet.org
Who is the CEO of Portico Healthnet?
Stephanie Radtke is the Chair of Portico Healthnet.
Official website here: www.porticohealthnet.org
What is the revenue of Portico Healthnet?
Portico Healthnet's revenue in 2022 was $2,068,909.
Official website here: www.porticohealthnet.org
Who are the executives of Portico Healthnet and what are their salaries?
The average compensation at Portico Healthnet during 2022 was $42,918. There are 32 employees and 14 volunteers at Portico Healthnet.
Here are 16 key members and their salaries:
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- Compensation: $42,810
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- Compensation: $48,191
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- Other: $6,892
- Compensation: $119,254
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- Other: $5,247
Official website here: www.porticohealthnet.org
Where can I find the form 990 for Portico Healthnet?
Portico Healthnet's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.porticohealthnet.org
Learn more at the official website: www.porticohealthnet.org
Mission Statement of Portico Healthnet
Portico Healthnet, a nonprofit organization, is committed to advancing equitable access to health coverage for all Minnesotans. Their mission is centered around providing outreach and enrollment assistance to uninsured and underinsured individuals. Portico Healthnet offers personalized application and enrollment assistance, screening eligible individuals for various health care coverage options, and connecting them to community resources. Their certified navigators work closely with clients from the beginning of the application process until they are successfully enrolled. Portico Healthnet advocates for clients with county and state agencies when needed and provides translation and interpreter services. They partner with various organizations such as food shelves, schools, workforce centers, and social service organizations to reach out to potential clients and refer them to necessary services. Annually, Portico Healthnet screens over 11,000 individuals for health care coverage eligibility and assists with applications for programs like Medical Assistance, Minnesotacare, and other state-funded public assistance programs. Additionally, they provide over 1,500 referrals to medical clinics, dental clinics, and other community resources, furthering their mission to help individuals gain access to the health care they need.
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Impact
July, 2024
Portico Healthnet advances equitable access to health coverage for all Minnesotans by providing outreach and enrollment assistance through their certified navigator program. Since 1995, Portico has been offering health insurance eligibility screening, personalized application and enrollment assistance, and connection to community resources. Their certified MNsure navigators support clients from the beginning of the application process until they are successfully enrolled, advocating for them with county and state agencies when needed, and providing translation and interpreter services.
Portico partners with counties, food shelves, schools, workforce centers, and other social service organizations to reach out to individuals who may need assistance and to refer clients to their services. Annually, Portico screens over 11,000 uninsured and underinsured individuals for eligibility under various health care coverage options and assists with applications for Medical Assistance, MinnesotaCare, and other state-funded public assistance programs. Additionally, Portico provides more than 1,500 referrals to medical clinics, dental clinics, and other community resources.
Through their efforts, Portico Healthnet significantly impacts the lives of many Minnesotans by ensuring they have access to the health coverage they need, ultimately promoting better health outcomes and overall well-being within the community.
This information is meant to be a general summary of Portico Healthnet. 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: $47
- Program Service Revenue: $710,286
- Gross Receipts: $2,075,006
Assets and Liabilities:
- Total Assets: $1,120,252
- Total Liabilities: $155,388
- Net Assets: $964,864
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OUTREACH SERVICE FEES
Revenue
$700,691
NAVIGATOR TRAINING FEES
Revenue
$9,595
Organization Details
Founding Year
2000
Phone
(651) 603-5100Principal Officer
Stephanie Radtke
Main Address
1600 UNIVERSITY AVE WEST 211, ST PAUL, MN, 55104
Website
www.porticohealthnet.orgNTEE Category
Code: E22Z - Health
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