Ucare will improve the health of our members through innovative services and partnerships across communities.

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
$7.5M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $88.1M a year · 2% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$7.5M
to officers and key staff · 0.1% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Plus $1.07B in investments, Pt X · Ln 11–13
Fine: 0.5 months of spending in cash, plus $1.07B in investments.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $667K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$803.5M
42% of total assets
Looks good: liabilities are 42% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.2B
+1% vs prior year
Spent
$6.3B
To programs
97%
Net assets
$1.1B
By yearFY2020–FY2025
Revenue
$6.2B
FY2023▲ +1%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.2B
FY2021$5.0B
FY2022$6.1B
FY2023$6.2B
FY2024$6.3B
FY2025$7.1B
Expenses
$6.3B
FY2023▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2020$4.1B
FY2021$4.9B
FY2022$5.8B
FY2023$6.3B
FY2024$6.8B
FY2025$7.5B
Net assets
$1.1B
FY2023▼ -1%
Tap a bar for its year
Net assets by fiscal year
FY2020$814.9M
FY2021$878.9M
FY2022$1.1B
FY2023$1.1B
FY2024$597.7M
FY2025$126.5M

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1989.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $6.1B Management & general 3% · $219.1M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

33 people listed on the 990; $7.5M paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$1,198,356Pt VII · Sec A
SVP, CFO & Treasurer
$713,738Pt VII · Sec A
Chief Legal Officer & Secretary
$663,906Pt VII · Sec A
Marketing Officer (through Sep 2023)
$602,986Pt VII · Sec A
EVP, Chief Information Officer
$506,708Pt VII · Sec A
EVP, Org HR & Org Effectiveness
$504,899Pt VII · Sec A
EVP, Chief Medical Officer
$504,508Pt VII · Sec A
EVP, Chief Strategy Officer
$426,273Pt VII · Sec A

Hilary Marden-Resnik’s $1.3M as President & CEO is at the 63rd percentile of top reported officer pay among 1747 $100M+ health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Hilary Marden-Resnik$1,253,081$1,234,347$1,198,356$997,449$624,262$552,699
Mark W Traynor—————$1,147,249
Mark Traynor———$799,197$1,035,585—
Beth Monsrud$703,052$755,093$713,738$601,270$564,061$561,495
Tenbit Emiru$692,295$642,275$504,508———
Daniel Santos—$652,453$663,906$576,434$535,830$480,184
Daniel Santos Chief Legal$654,110—————
Patricia Schmitt$644,196$608,222$504,899$453,566$379,398$340,843

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Ucare Minnesota executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides community-focused prepaid health insurance and managed care plans to make quality healthcare accessible and affordable for its members.

Questions for Ucare Minnesota

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Provided by the organization

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2 programs · $6.1B · in their own filed words · FY2023
01

See schedule o

$6.0Bprogram expense
02

See schedule o

$80.0Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Ucare Kansas INCFY2025$647K
Ucare IowaFY2025$19K
Total grants receivedfrom 2 funders$667K
Grants paid · 132 grants · $161.0M · 2020–2023
Ucare FoundationVA · FY2023$80,000,000
Ucare Kansas INCVA · FY2023$3,505,992
Ucare FoundationVA · FY2022$28,000,000
Ucare IowaVA · FY2022$5,500,000
Allina Health SystemMN · FY2022$250,000
North Memorial Health CareMN · FY2022$200,000
Children's Health NetworkFY2022$200,000
Second Harvest HeartlandMN · FY2022$200,000
Venn FoundationMN · FY2022$155,000
Apple Tree DentalMN · FY2022$155,000
Minnesota Medical AssociationMN · FY2022$115,000
The Food Group Minnesota INCMN · FY2022$100,000
St Mary's Medical CenterMN · FY2022$100,000
Neighborhood HealthsourceMN · FY2022$100,000
See all 132 grants →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$6.2B
Ln 12
Fees for servicesLn 2g$6.1B
Investment incomeLn 3$56.0M
Gifts and grantsLn 1h$25K
Money outPt IX
$6.3B
Ln 25
Programscol B$6.1B
Managementcol C$219.1M
Owns and owesPt X
$1.1B
net assets · Ln 32
Cash and savingsLn 1–2$238.3M
Total assetsLn 16$1.9B
LiabilitiesLn 26$803.5M
PeoplePt VI, VII
33
listed · VII A
PaidVII A31
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$25K
Fees for servicesLn 2g$6.1B
Investment incomeLn 3$56.0M
Other incomeLn 4–11$12K
Gains on assetsLn 7−$8.4M
Total revenueLn 12$6.2B
Assets in detailPt X, end of year
CashLn 1$68.3M
SavingsLn 2$170.0M
Cash and savings togetherLn 1–2$238.3M
InvestmentsLn 11–13$1.07B
Land, buildings, equipmentLn 10c$67.6M
Other assetsLn 15$34.6M
Total assetsLn 16$1.9B
LiabilitiesLn 26$803.5M
Net assetsLn 32$1.1B
OperationsPt I, VI
EmployeesI 51,818
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$320.5M$238.3M
InvestmentsLn 11–13$961.1M$1.07B
Land, buildings, equipmentLn 10c$90.2M$67.6M
Total assetsLn 16$1.94B$1.91B
LiabilitiesLn 26$815.3M$803.5M
Net assetsLn 32$1.12B$1.10B
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$83.5M$83.5M
Pay of current officers, directors and key staffLn 5$168K$168K
Other salaries and wagesLn 7$156.8M$125.6M$31.2M
Pension plan contributionsLn 8$6.3M$5.0M$1.2M
Other employee benefitsLn 9$25.3M$18.9M$6.4M
Payroll taxesLn 10$11.4M$9.3M$2.1M
Legal feesLn 11b$5.2M$2K$5.2M
Accounting feesLn 11c$846K$54K$792K
Lobbying feesLn 11d$203K$203K
Investment management feesLn 11f$1.2M$1.2M
Other fees for servicesLn 11g$5.78B$5.73B$52.9M
Advertising and promotionLn 12$17.0M$16.7M$247K
Office expensesLn 13$15.8M$1.0M$14.8M
Information technologyLn 14$40.5M$30.3M$10.1M
OccupancyLn 16$7.7M$5.4M$2.2M
TravelLn 17$710K$460K$250K
Conferences, conventions and meetingsLn 19$658K$342K$315K
InterestLn 20$648K$648K
Depreciation, depletion and amortizationLn 22$30.9M$23.5M$7.4M
InsuranceLn 23$1.2M$892K$282K
Other expenses (24a–d)Ln 24$86.3M$5.3M$81.0M
All other expensesLn 24e$549K$549K
Total functional expensesLn 25$6.28B$6.06B$219.1M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $7.1B$7.5B−$401.2M$126.5M 990 PDF
FY2024 $6.3B$6.8B−$481.0M$597.7M 990 PDF
FY2023 Viewing $6.2B$6.3B−$120.4M$1.1B 990 PDF
FY2022 $6.1B$5.8B$321.9M$1.1B 990 PDF
FY2021 $5.0B$4.9B$53.7M$878.9M 990 PDF
FY2020 $4.2B$4.1B$98.3M$814.9M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $6,156,191,357 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$25,000
I-9 Program service revenuePrior year $6,075,563,904$6,100,127,294
I-10 Investment incomePrior year $16,890,275$56,026,672
I-11 Other revenuePrior year $56,443$12,391
I-12 Total revenuePrior year $6,092,510,622$6,156,191,357
I-13 Grants and similar amounts paidPrior year $38,499,750$83,505,992
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $163,636,518$199,927,324
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $5,568,460,902$5,993,170,262
I-18 Total expensesPrior year $5,770,597,170$6,276,603,578
I-19 Revenue less expensesPrior year $321,913,452−$120,412,221
Part VI · Governance 17 of 17 board members independent, no flags
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $6,156,191,357 across 7 lines filed
VIII-1d Related organizations$25,000
VIII-1h Total contributions, gifts and grants$25,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,100,127,294$6,100,127,294
VIII-3 Investment incomeExcluded from tax $64,400,263$64,400,263
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$8,373,591−$8,373,591
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $12,391$12,391
VIII-12 Total revenueRelated to mission $6,100,127,294 · Unrelated business $0 · Excluded from tax $56,039,063$6,156,191,357
Part IX · Statement of functional expenses $6,276,603,578 across 22 lines filed
IX-1 Grants to domestic organizationsPrograms $83,505,992$83,505,992
IX-5 Pay of current officers, directors and key staffManagement $167,692$167,692
IX-7 Other salaries and wagesPrograms $125,585,094 · Management $31,203,526$156,788,620
IX-8 Pension plan contributionsPrograms $5,017,705 · Management $1,246,815$6,264,520
IX-9 Other employee benefitsPrograms $18,925,184 · Management $6,379,609$25,304,793
IX-10 Payroll taxesPrograms $9,278,718 · Management $2,122,981$11,401,699
IX-11b Legal feesPrograms $1,969 · Management $5,209,392$5,211,361
IX-11c Accounting feesPrograms $53,921 · Management $792,048$845,969
IX-11d Lobbying feesPrograms $202,715$202,715
IX-11f Investment management feesManagement $1,210,844$1,210,844
IX-11g Other fees for servicesPrograms $5,730,934,436 · Management $52,948,350$5,783,882,786
IX-12 Advertising and promotionPrograms $16,739,220 · Management $246,781$16,986,001
IX-13 Office expensesPrograms $1,029,814 · Management $14,755,087$15,784,901
IX-14 Information technologyPrograms $30,348,139 · Management $10,116,875$40,465,014
IX-16 OccupancyPrograms $5,422,217 · Management $2,237,779$7,659,996
IX-17 TravelPrograms $459,885 · Management $249,782$709,667
IX-19 Conferences, conventions and meetingsPrograms $342,409 · Management $315,198$657,607
IX-20 InterestManagement $647,528$647,528
IX-22 Depreciation, depletion and amortizationPrograms $23,468,563 · Management $7,432,327$30,900,890
IX-23 InsurancePrograms $891,733 · Management $282,405$1,174,138
IX-24 Other expenses (24a–d)Programs $5,320,756 · Management $80,961,353$86,282,109
IX-24e All other expensesManagement $548,736$548,736
IX-25 Total functional expensesPrograms $6,057,528,470 · Management $219,075,108 · Fundraising $0$6,276,603,578
Part X · Balance sheet $1,908,434,963 assets, 15 lines filed
Asset lines not itemized here account for $26,000,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year −$84,936,870$68,296,839
X-2 Savings and temporary cash investmentsStart of year $405,403,339$170,033,442
X-4 Accounts receivableStart of year $494,516,741$447,614,661
X-9 Prepaid expenses and deferred chargesStart of year $10,820,333$21,427,626
X-10c Land, buildings and equipment, netStart of year $90,246,078$67,595,618
X-13 Program-related investmentsStart of year $961,068,557$1,072,869,188
X-15 Other assetsStart of year $32,247,577$34,597,589
X-16 Total assetsStart of year $1,935,365,755$1,908,434,963
X-17 Accounts payable and accrued expensesStart of year $745,735,261$690,670,165
X-19 Deferred revenueStart of year $37,250,213$80,157,346
X-25 Other liabilitiesStart of year $30,128,981$30,652,272
X-26 Total liabilitiesStart of year $815,282,534$803,524,546
X-27 Net assets without donor restrictionsStart of year $1,120,083,221$1,104,910,417
X-32 Total net assets or fund balancesStart of year $1,120,083,221$1,104,910,417
X-33 Total liabilities and net assetsStart of year $1,935,365,755$1,908,434,963
Part XI · Reconciliation of net assets $1,104,910,417 net assets at year end
XI-1 Total revenue$6,156,191,357
XI-2 Total expenses$6,276,603,578
XI-3 Revenue less expenses−$120,412,221
XI-4 Net assets at start of year$1,120,083,221
XI-5 Net unrealized gains (losses) on investments$67,597,067
XI-8 Prior period adjustments$40,400,452
XI-9 Other changes in net assets−$2,758,102
XI-10 Net assets at end of year$1,104,910,417

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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