Hmo Minnesota
501(c)(4)
96% goes to programs Growing revenue
Hmo Minnesota is a 501(c)(4) organization based in Saint Paul, Minnesota, registered in 1975, with $3,285,084,122 in FY2023 revenue. CharityIndex grades it A+, and it directs about 96% of spending to programs.
Po Box 64560, Saint Paul, MN, 55164 EIN 41-6173747 Since 1975
Revenue (FY2023)
$3.3B
▲ 9.3% vs prior year
Expenses (FY2023)
$3.2B
Net assets
$1.0B
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating96% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Hmo Minnesota: 96% to programs earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating4 mo reserves · +4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hmo Minnesota: 4 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Hmo Minnesota: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hmo Minnesota: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide comprehensive health maintenance services for the people of minnesota and to advance public health and the art and science of hospital, medical and health care services.
What they do
Blue plus contracts with the centers for medicare medicaid services cms and the minnesota department of human services dhs to offer a program that combines medicare advantage special needs plans and state medical assistance coverage. minnesota senior health options msho provides coverage to beneficiaries age 65 and older who are eligible for dhs medical assistance and medicare parts a and b. this program serves 10,400 members. our msho product, secureblue, has broad geographic reach, covering members in 62 counties. a hallmark of msho is the care coordination provided to members regardless of whether they reside in the community or in an institution. special attention is paid to helping members remain in the community with appropriate services and support.
Blue plus provides benefit payments for healthcare coverage based on contractual agreements with groups and individual subscribers, including medicare advantage. there were approximately 51,000 members at december 31, 2023.
Contact & location
- Address
- Po Box 64560, Saint Paul, MN, 55164
- City
- Saint Paul
- State
- Minnesota
- Category
- —
- Subcategory
- —
- Phone
- …
Financial trends
Revenue grew from $1.0B (FY2013) to $3.3B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $549.9MNet assets $1.0B
Operating margin
3.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.6B
Total liabilities
$549.9M
Net assets
$1.0B
Salaries & benefits
$80.5M
3% of expenses
Board members
7
5 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $3,285,084,122▲9.3% | $3,169,965,960▲11.8% | $1,043,815,816▲16.7% | $1,593,718,794▲10.1% | 990 |
| 2022 | $3,006,142,678▼0.4% | $2,835,052,905▼2.4% | $894,434,212▲15.9% | $1,448,086,232▲9.4% | 990 |
| 2021 | $3,017,513,062▲18.2% | $2,905,896,289▲15.3% | $771,438,383▲16.2% | $1,323,127,272▼1.2% | 990 |
| 2020 | $2,553,100,078▲9.0% | $2,519,879,146▲7.9% | $664,079,364▲6.9% | $1,339,028,107▲17.7% | 990 |
| 2019 | $2,343,368,054▼5.1% | $2,335,544,134▲0.3% | $620,951,868▲5.7% | $1,137,767,342▲3.1% | 990 |
| 2018 | $2,468,965,890▲1.4% | $2,327,821,185▼3.1% | $587,352,735▲24.2% | $1,103,210,172▲9.1% | 990 |
| 2017 | $2,434,343,438▲32.3% | $2,401,610,978▲20.3% | $472,988,043▲10.8% | $1,011,347,098▲17.8% | 990 |
| 2016 | $1,839,796,599▲100% | $1,996,128,912▲130% | $426,800,293▼25.1% | $858,294,768▲4.0% | 990 |
| 2015 | $918,852,421▲8.0% | $866,792,617▲13.3% | $570,166,890▲7.5% | $825,092,736▲13.7% | 990 |
| 2014 | $850,950,122▼18.3% | $765,219,395▼21.1% | $530,584,081▲18.2% | $725,374,564▲15.2% | 990 |
| 2013 | $1,041,962,872 | $970,384,142▼3.2% | $448,874,847▲24.8% | $629,788,655▲9.9% | 990 |
| 2012 | — | $1,002,910,677▼6.0% | $359,643,996▲0.7% | $572,797,371▲1.6% | 990 |
| 2011 | — | $1,066,636,417▲8.1% | $357,237,399▲12.5% | $563,733,708▲12.5% | 990 |
| 2010 | — | $986,710,141 | $317,585,718 | $501,246,682 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Lisa Asper — $12,000 (0.00% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Lisa Asper | Director | 1 | $12,000 |
| Aaron Hurd | Director | 1 | $11,000 |
| Gretchen Lohrbach | Director | 1 | $11,000 |
| Michael Jones | Director | 1 | $11,000 |
| Allison Colton | Secretary | 1 | — |
| Christine Reiten | Vice President | 40 | — |
| David Nollette | Vice President | — | — |
| Eric Hoag | Vice President | 11 | — |
| Jeff Snegosky | Vice President | 10 | — |
| John Uribe | Treasurer | 9 | — |
| Kelly Bengston | Vice President | 7 | — |
| Marc Baer | Vice President | 8 | — |
| Mark Steffen | Vice President | 3 | — |
| May Vang | Vice President | 8 | — |
| Monica Engel | President Ceo | 17 | — |
| Paul Sand | Secretary | 1 | — |
| Sara Hreha | Vice President | 11 | — |
| Victoria Losinski | Vice President | 14 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Bcbsm Inc | Administrative Services | $272,632,409 |
Frequently asked questions
- Is Hmo Minnesota a legitimate nonprofit?
- Yes. Hmo Minnesota is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 41-6173747, based in Saint Paul, Minnesota.
- What is Hmo Minnesota's EIN?
- Hmo Minnesota's Employer Identification Number (EIN) is 41-6173747.
- How much revenue does Hmo Minnesota report?
- Hmo Minnesota reported $3,285,084,122 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Hmo Minnesota's spending goes to programs?
- Hmo Minnesota spends about 96% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Hmo Minnesota have?
- CharityIndex grades Hmo Minnesota A+, based on program efficiency and fundraising cost.
- How much does Hmo Minnesota's highest-paid employee make?
- The highest reported compensation on Hmo Minnesota's latest Form 990 is $12,000, paid to Lisa Asper (Director).
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Explore more
Data for Hmo Minnesota (EIN 41-6173747) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.