Medica Health Plans
Minnetonka, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 93 peers in Unclassified with >$1B revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,453,962,017↑10% | $1,425,557,707↑14% | $925,548,510↑9% | |
| 2022 | $1,320,077,888↑8% | $1,246,496,448↑11% | $849,808,305↑1% | — |
| 2021 | $1,218,114,241↑5% | $1,126,958,539↑4% | $840,677,669↑20% | — |
| 2020 | $1,158,090,888↓16% | $1,087,409,259↓18% | $702,929,390↑20% | — |
| 2019 | $1,383,149,041↑33% | $1,333,307,619↑34% | $587,940,014↑9% | — |
| 2018 | $1,039,894,413↓30% | $997,535,181↓29% | $539,695,899↑12% | — |
| 2017 | $1,494,831,948↓41% | $1,413,593,300↓48% | $481,974,194↓40% | — |
| 2016 | $2,538,424,327↑30% | $2,725,768,488↑43% | $803,328,154↓10% | — |
| 2015 | $1,959,862,328↑3% | $1,911,663,681↑3% | $896,765,075↑5% | — |
| 2014 | $1,898,923,332↑34% | $1,849,795,148↑31% | $856,911,737↑25% | — |
| 2013 | $1,412,472,432↓20% | $1,416,788,858↓17% | $686,464,242↑1% | — |
| 2012 | $1,758,311,981↑1% | $1,713,827,479↓1% | $681,817,662↓5% | — |
| 2011 | $1,742,750,971 | $1,728,486,881 | $718,887,557 | — |
Frequently Asked Questions
What does Medica Health Plans do?▼
Medica Health Plans is a unclassified nonprofit organization based in Minnesota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Medica Health Plans financially healthy?▼
Based on our 9-metric Financial Health Score model, Medica Health Plans has a score of 64/100 (Grade: B). 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 Medica Health Plans generate?▼
Medica Health Plans reports $1.8B in annual revenue and holds $971.7M in total assets, based on IRS filings.
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