Overview
What is My Choice Wisconsin Inc?
My Choice Wisconsin Inc, a Wisconsin-based managed care organization with over 1,200 employees, manages the State of Wisconsin Family Care Program. This Medicaid long-term care program assists frail elders and adults with disabilities in receiving essential services to remain in their own homes or group homes. My Choice Wisconsin receives a capitation rate per person per month to oversee care for approximately 15,000 members residing in thirty-nine Wisconsin counties. Members may be required to pay a cost share and/or room and board fee. The mission of this organization inspires people to live life to the fullest by fostering self-ownership of health, encouraging independence, and serving the whole person. My Choice Wisconsin is dedicated to stewardship of Medicaid funding.
Official website here: www.mychoicewi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
My Choice Wisconsin Inc has achieved an impressive 96% rating from Charity Navigator, indicating a high level of accountability and financial health. This score is solely based on their Accountability & Finance metrics, reflecting the organization’s commitment to transparency and effective financial management. Notably, the charity has maintained a clean record without any material diversion of assets, showcasing its integrity and reliability.
Strengths of My Choice Wisconsin Inc include a fully independent board, which ensures unbiased governance, and a strong financial oversight mechanism, as evidenced by their robust audit practices. The organization also excels in allocating a substantial portion of its expenses toward programs, with an impressive program expense ratio of 95.42%. These factors contribute to a solid foundation for trust among donors and stakeholders.
While the data highlights many strengths, it's important for potential supporters to continue monitoring the organization’s performance in future fiscal years. As with any nonprofit, ongoing evaluation of both program outcomes and financial sustainability will be crucial to ensuring My Choice Wisconsin Inc continues to meet the needs of its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is My Choice Wisconsin Inc legitimate?
My Choice Wisconsin Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. My Choice Wisconsin 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: $2,546,830
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,572,238
For more financial information, click here
Official website here: www.mychoicewi.org
What is the mission statement of My Choice Wisconsin Inc?
My Choice Wisconsin Inc is dedicated to inspiring individuals to live life to the fullest by encouraging self-ownership of health, fostering independence, and serving the whole person. The organization's unwavering commitment extends to managing care for frail elders and adults with disabilities through the Family Care Program, a Medicaid long-term care plan. Members, who may reside in their own homes, group living situations, or nursing facilities, receive care under a capitation rate agreement. Members may be required to pay cost shares and room & board fees. The organization serves over 15,000 members in various counties, helping them receive necessary services and remain in their homes.
Official website here: www.mychoicewi.org
Who is the CEO of My Choice Wisconsin Inc?
James Hodson is the Director And Chair of My Choice Wisconsin Inc. The CEO's salary of My Choice Wisconsin Inc is $555,972 and their total compensation is $569,237.
Official website here: www.mychoicewi.org
What is the revenue of My Choice Wisconsin Inc?
My Choice Wisconsin Inc's revenue in 2022 was $800,701,346.
Official website here: www.mychoicewi.org
Who are the executives of My Choice Wisconsin Inc and what are their salaries?
The average compensation at My Choice Wisconsin Inc during 2022 was $39,999. There are 1278 employees and 9 volunteers at My Choice Wisconsin Inc.
Here are 20 key members and their salaries (My Choice Wisconsin Inc's CEO's salary is $555,972 and their total compensation is $569,237):
- Compensation: $1,800
- Related: $0
- Other: $0
- Compensation: $1,800
- Related: $0
- Other: $0
- Compensation: $400
- Related: $0
- Other: $0
- Compensation: $400
- Related: $0
- Other: $0
- Compensation: $800
- Related: $0
- Other: $0
- Compensation: $1,400
- Related: $0
- Other: $0
- Compensation: $600
- Related: $0
- Other: $0
- Compensation: $800
- Related: $0
- Other: $0
- Compensation: $1,600
- Related: $0
- Other: $0
- Compensation: $555,972
- Related: $0
- Other: $13,265
- Compensation: $491,545
- Related: $0
- Other: $21,010
- Compensation: $416,367
- Related: $0
- Other: $20,735
- Compensation: $364,987
- Related: $0
- Other: $35,598
- Compensation: $304,115
- Related: $0
- Other: $20,608
- Compensation: $237,956
- Related: $0
- Other: $21,552
- Compensation: $170,894
- Related: $0
- Other: $29,891
- Compensation: $158,226
- Related: $0
- Other: $6,324
- Compensation: $152,439
- Related: $0
- Other: $19,510
- Compensation: $147,582
- Related: $0
- Other: $20,166
- Compensation: $145,836
- Related: $0
- Other: $5,852
Official website here: www.mychoicewi.org
Where can I find the form 990 for My Choice Wisconsin Inc?
My Choice Wisconsin Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mychoicewi.org
Learn more at the official website: www.mychoicewi.org
Mission Statement of My Choice Wisconsin Inc
My Choice Wisconsin Inc, a Wisconsin-based managed care organization, is dedicated to inspiring people to live life to the fullest by encouraging ownership of health, fostering independence, and serving the whole person. With an unwavering commitment, the organization acts as stewards of Medicaid funding to manage care for over 15,000 members in thirty-nine Wisconsin counties.
These members, who may reside in their own homes, group living situations, or nursing facilities, receive assistance through Family Care, a Medicaid long-term care program run by My Choice Wisconsin Inc. The organization manages care for these frail elders and adults with disabilities, earning a per person per month payment called a capitation rate. Members enrolled in the Family Care benefit might be required to pay a cost share and/or a room and board fee to the organization.
My Choice Wisconsin Inc's mission is geared towards making a meaningful impact in the lives of its members. By emphasizing personal responsibility and fostering independence, the organization aims to empower individuals to take charge of their health and wellbeing. This holistic approach allows the organization to address the unique needs of each person and ultimately contribute to their overall growth and improved quality of life.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
My Choice Wisconsin Inc plays a vital role in enhancing the quality of life for frail elders and adults with disabilities in Wisconsin. By operating the Family Care Program, it ensures that over 15,000 members receive the necessary services to maintain their independence and live in their own homes, rather than in institutional settings. This managed care organization focuses on a holistic approach, fostering a sense of ownership over health and encouraging individuals to engage fully in their lives.
By managing Medicaid long-term care effectively, My Choice Wisconsin not only provides critical support but also serves as a responsible steward of Medicaid funding. The organization's model emphasizes personalized care and responsiveness to individual needs, which translates into improved health outcomes and enhanced wellbeing for its members across thirty-nine counties. Through its commitment to service, My Choice Wisconsin inspires independence and empowers individuals to experience life to the fullest.
This information is meant to be a general summary of My Choice Wisconsin 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 2022.
- Investment Income: $2,579,412
- Program Service Revenue: $798,043,063
- Gross Receipts: $865,323,433
Assets and Liabilities:
- Total Assets: $263,499,865
- Total Liabilities: $98,984,930
- Net Assets: $164,514,935
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAID REVENUE
Revenue
$695,758,746
COST SHARE/ROOM & BOARD
Revenue
$80,479,883
MEDICAID ADJUSTMENTS
Revenue
$16,224,910
INTERCOMPANY REVENUE
Revenue
$5,479,524
HOSTING REVENUE
Revenue
$100,000
Organization Details
Founding Year
2016
Phone
(414) 287-7600Principal Officer
James Hodson
Main Address
10201 WEST INNOVATION DRIVE 100, WAUWATOSA, WI, 532264822
Website
www.mychoicewi.orgNTEE Category
Code: E70 - Health
If you are a representative of My Choice Wisconsin Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.