Quartz Health Plan Corporation is a 501(c)(4) organization based in Fitchburg, Wisconsin, registered in 1996, with $477,344,539 in FY2024 revenue. CharityIndex grades it B+, and it directs about 94% of spending to programs.
Revenue (FY2024)
$477.3M
▲ 10.6% vs prior year
Expenses (FY2024)
$477.9M
Net assets
$56.4M
Employees
0
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Quartz Health Plan Corporation: 94% to programs earns a A+ on this criterion. See the exact thresholds →
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 Quartz Health Plan Corporation: 1 mo reserves · -0% margin earns a C+ on this criterion. See the exact thresholds →
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 Quartz Health Plan Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
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 Quartz Health Plan Corporation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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To promote social welfare by operation of a health maintenance organization and other activities incidental thereto.
Provision of administrative services for 6,307 participants of 5 employer spnsored insurance programs.
Revenue grew from $288.6M (FY2013) to $477.3M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-0.1%
Spent more than it raised in the latest fiscal year.
Total assets
$129.1M
Total liabilities
$72.7M
Net assets
$56.4M
Salaries & benefits
$17.7M
4% of expenses
Board members
12
12 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $477,344,539▲10.6% | $477,878,478▲9.0% | $56,377,557▲19.0% | $129,054,071▲13.7% | 990 |
| 2023 | $431,530,483▲10.3% | $438,579,778▲10.4% | $47,362,601▲20.7% | $113,470,719▲23.5% | 990 |
| 2022 | $391,121,092▲17.6% | $397,289,259▲21.1% | $39,247,196▲23.6% | $91,900,389▲24.5% | 990 |
| 2021 | $332,612,093▲18.4% | $328,180,533▲20.7% | $31,742,059▲19.0% | $73,798,914▼1.9% | 990 |
| 2020 | $280,837,276▲11.2% | $271,983,800▲7.8% | $26,673,475▲27.0% | $75,250,286▲35.3% | 990 |
| 2019 | $252,573,867▼7.5% | $252,382,632▼7.3% | $20,996,905▼8.2% | $55,635,092▲3.7% | 990 |
| 2017 | $272,970,045▼13.5% | $272,311,486▼12.4% | $22,879,607▲2.3% | $53,670,541▼16.8% | 990 |
| 2016 | $315,679,914▲4.4% | $310,991,075▲1.4% | $22,366,393▲27.6% | $64,535,351▲5.5% | 990 |
| 2015 | $302,245,477▲0.2% | $306,689,685▲2.5% | $17,529,701▼23.3% | $61,162,696▲1.0% | 990 |
| 2014 | $301,599,200▲4.5% | $299,256,912▲4.3% | $22,859,040▲11.6% | $60,554,381▲15.7% | 990 |
| 2013 | $288,581,359 | $287,001,597▲1.2% | $20,483,033▲7.8% | $52,329,630▲13.9% | 990 |
| 2012 | — | $283,675,906▲8.6% | $18,992,430▲10.0% | $45,950,190▲1.0% | 990 |
| 2011 | — | $261,323,082▲6.8% | $17,273,632▲12.2% | $45,516,555▼1.9% | 990 |
| 2010 | — | $244,787,990 | $15,389,619 | $46,387,356 | 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.
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Alan S Kaplan Md | Bod - Member | 2 | — |
| Carey M Gehl | Bod - Chair | 2 | — |
| Christine C Senty Jd | President & Ceo | 2 | — |
| David J Grandin | Bod - Member (start 5/2024) | 2 | — |
| David S Hanekom Md | Senior Vp & Cmo (term 03/2024) | 2 | — |
| George H Tervalon III | Bod - Member | 2 | — |
| Gerald E Arndt | Bod - Member | 2 | — |
| Gerald R Kember | Bod - Member | 2 | — |
| Heather L Schimmers | Bod - Member (start 5/2024) | 2 | — |
| Jamie A Stock-retzloff Jd | Deputy General Counsel, Sr. Director & Assistant S | 2 | — |
| Jami J Berger | Senior Vp & Chief Clinical Officer | 2 | — |
| Jeffrey A Butcher | Senior Vp, Treasurer & Cfo | 2 | — |
| Kristie S Breunig Jd | General Counsel, Vp & Secretary | 2 | — |
| Michael J Dolan Md | Bod - Member (term 05/2024) | 2 | — |
| Randy R Bruegman | Bod - Member | 2 | — |
| Rebekah J Gales Swain | Bod - Member | 2 | — |
| Robert W Flannery | Bod - Member | 2 | — |
| Susan I Erickson | Bod - Member | 2 | — |
| William J Farrell | Bod - Member | 2 | — |
| Contractor | Services | Paid |
|---|---|---|
| Gundersen Lutheran Medical Center | Medical Services | $142,551,293 |
| Optum Rx Inc | Medical Services | $90,775,571 |
| University of Wisconsin Hospital and Cli | Medical Services | $61,559,312 |
| Meriter Hospital Inc | Medical Services | $23,600,694 |
| University of Wisconsin Medical Foundati | Medical Services | $21,476,498 |
Explore more
Data for Quartz Health Plan Corporation (EIN 39-1807071) 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.