Group Health Plan Inc

Organization Overview

Group Health Plan Inc is located in Minneapolis, MN. The organization was established in 1990. According to its NTEE Classification (E31) the organization is classified as: Group Health Practices, under the broad grouping of Health Care and related organizations. As of 12/2021, Group Health Plan Inc employed 7,946 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Group Health Plan Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Group Health Plan Inc generated $1.7b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $1.7b during the year ending 12/2021. While expenses have increased by 2.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Group Health Plan Inc has awarded 254 individual grants totaling $23,114,998. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE HEALTH AND WELL-BEING IN PARTNERSHIP WITH OUR MEMBERS, PATIENTS AND COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O - EXEMPT PURPOSE AND ACHIEVEMENTS FOR A DESCRIPTION OF PROGRAM SERVICE ACCOMPLISHMENTS


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Board, Officers & Key Employees

Name (title)Compensation
Scott A Aebischer
Former Sr VP Customer Serv/prod
$3,054,007
Chad M Myeroff
Physician
$1,754,970
Timothy J Kroshus
Physician
$1,614,494
Andrea M Walsh
CEO
$1,604,270
Sam A Miotke
Physician
$1,571,343
Matthew M Kang
Physician
$1,507,050

Outside Vendors & Contractors

Vendor Name (Service)Compensation
University Of Mn Physicians
Physician Services
$9,620,213
University Of Mn Med Ctr-west
Physician Services
$6,245,891
Pricewaterhousecoopers Advisor
Consultant
$4,880,142
Interim Healthcare Staffing
Professional Services
$4,395,879
Marsden Bldg Maintenance
Building Maintenance
$2,418,279
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $6,830,517
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,830,517
Total Program Service Revenue$1,178,763,833
Investment income $19,923,666
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $584,540
Net Gain/Loss on Asset Sales -$6,836,960
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,671,047,795

Grants Awarded

Over the last fiscal year, Group Health Plan Inc has awarded $908,795 in support to 30 organizations.

Grant RecipientAmount

PARK NICOLLET FOUNDATION

Org PageRecipient Profile

St Louis Park, MN

PURPOSE: PROGRAM SUPPORT

$155,664

REGIONS HOSPITAL FOUNDATION

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: PROGRAM SUPPORT

$147,082

PORTICO HEALTHNET

Org PageRecipient Profile

St Paul, MN

PURPOSE: PROGRAM SUPPORT

$75,000

YMCA OF THE NORTH

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: PROGRAM SUPPORT

$50,000

HUTCHINSON HEALTH FOUNDATION

Org PageRecipient Profile

Hutchinson, MN

PURPOSE: PROGRAM SUPPORT

$48,600

HENNEPIN COUNTY

PURPOSE: PROGRAM SUPPORT

$45,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Group Health Plan Inc has recieved totaling $252,217.

Awarding OrganizationAmount
Saint Paul & Minnesota Foundation

Saint Paul, MN

PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES

$252,217
View Grant Recipient Profile

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