ZUnclassifiedEIN: 382356288

University of Michigan Health Plan

East Lansing, Michigan

CHealth Score
43C

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Below Average

How This Organization Compares

Compared to 664 peers in Unclassified with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.21×
Peer Median0.87×
💰
$164.5M
Total Revenue
📊
$195.1M
Total Expenses
🏦
$41.5M
Net Assets
📋
$37.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.0%
Year-over-year change (2022 → 2023)
Net Margin
-18.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.21
Net assets divided by total expenses
Liabilities-to-Assets
47.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$164,458,7021%$195,136,2496%$79,342,27531%
2022$166,036,2592%$184,723,9805%$60,797,10229%
2021$162,492,1125%$175,312,6815%$85,614,80112%
2020$171,519,9175%$185,204,9702%$97,555,4827%
2019$180,918,78212%$182,077,0329%$104,484,3309%
2018$206,058,1363%$199,434,6245%$95,848,6274%
2017$199,666,8887%$189,077,5653%$92,056,9265%
2016$186,927,93011%$184,438,82210%$97,291,07511%
2015$168,093,3214%$168,223,4376%$87,576,0707%
2014$161,817,98018%$158,260,37019%$94,236,6875%
2013$197,699,3748%$194,696,39210%$89,679,8133%
2012$215,875,11023%$216,040,59824%$86,786,8909%
2011$175,694,480$173,888,040$79,806,013

Frequently Asked Questions

What does University of Michigan Health Plan do?

University of Michigan Health Plan is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is University of Michigan Health Plan financially healthy?

Based on our 9-metric Financial Health Score model, University of Michigan Health Plan has a score of 43/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does University of Michigan Health Plan generate?

University of Michigan Health Plan reports $142.9M in annual revenue and holds $98.2M in total assets, based on IRS filings.

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