Hmo Minnesota FY2020 filing

Not tax-deductible

Saint Paul, MN501(c)(4)Since 1974EIN 41-6173747Revenue $2.6B in FY2020

On file with the IRSPo Box 64560, 55164-0560 · Saint Paul, MNTax-exempt since Mar 1975

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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.

97¢ of each $1 spent went to programs.
$46K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $84.7M a year · 3% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 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
$46K
to officers and key staff · <0.01% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$674.9M
50% of total assets
Looks good: liabilities are 50% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 7 voting members
Looks good: 5 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.6B
Spent
$2.5B
To programs
97%
Net assets
$664.1M
By yearFY2020–FY2024
Revenue
$2.6B
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$2.6B
FY2021$3.0B
FY2022$3.0B
FY2023$3.3B
FY2024$3.1B
Expenses
$2.5B
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$2.5B
FY2021$2.9B
FY2022$2.8B
FY2023$3.2B
FY2024$3.1B
Net assets
$664.1M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$664.1M
FY2021$771.4M
FY2022$894.4M
FY2023$1.0B
FY2024$1.0B

From the FY2020 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1975.

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% · $2.4B Management & general 3% · $71.8M

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

21 people listed on the 990; $46K paid to officers and key staff.

Part VII, Section A · reportable compensation
$13,500Pt VII · Sec A
$11,000Pt VII · Sec A
Director
$11,000Pt VII · Sec A
$11,000Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Mark Anderson———$13,500$13,500
Lisa Asper$11,000$12,000$11,000——
Aaron Hurd$11,000$11,000$10,000$11,000$11,000
Michael Jones$5,500$11,000$11,000$10,000$11,000
Gretchen Lohrbach—$11,000$11,000$11,000$11,000
Emily Piper$5,500————

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.

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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 15aNo

Programs and updates

Improves Minnesota's health through comprehensive services and advancing healthcare.

Questions for Hmo Minnesota

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Provided by the organization

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3 programs · $2.4B · in their own filed words · FY2020
01

Blue Plus has contracted with the Minnesota Department of Human Services DHS to provide health care coverage to Prepaid Medical Assistance Program PMAP, prepaid MinnesotaCare, and Minnesota SeniorCare Plus MSC recipients via a managed care model.

$1.9Bprogram expense
02

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.

$303.2Mprogram expense
03

Blue Plus provides benefit payments for healthcare coverage based on contractual agreements with groups and individual subscribers, including Medicare Advantage. There were approximately 38,000 members at December 31, 2020.

$225.2Mprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$2.6B
Ln 12
Fees for servicesLn 2g$2.5B
Investment incomeLn 3$25.9M
Money outPt IX
$2.5B
Ln 25
Programscol B$2.4B
Managementcol C$71.8M
Owns and owesPt X
$664.1M
net assets · Ln 32
Cash and savingsLn 1–2$421.2M
Total assetsLn 16$1.3B
LiabilitiesLn 26$674.9M
PeoplePt VI, VII
21
listed · VII A
PaidVII A4
Voting boardVI 1a7
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$2.5B
Investment incomeLn 3$25.9M
Gains on assetsLn 7$770K
Total revenueLn 12$2.6B
Assets in detailPt X, end of year
SavingsLn 2$421.2M
Cash and savings togetherLn 1–2$421.2M
InvestmentsLn 11–13$690.4M
Other assetsLn 15$156.8M
Total assetsLn 16$1.3B
LiabilitiesLn 26$674.9M
Net assetsLn 32$664.1M
OperationsPt I, VI
EmployeesI 50
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 FY20End FY20
Cash and savingsLn 1–2$257.5M$421.2M
InvestmentsLn 11–13$685.5M$690.4M
Total assetsLn 16$1.14B$1.34B
LiabilitiesLn 26$516.8M$674.9M
Net assetsLn 32$621.0M$664.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$2.24B$2.24B
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$33.3M$21.0M$12.3M
Pension plan contributionsLn 8$1.6M$1.2M$406K
Other employee benefitsLn 9$4.3M$3.3M$1.1M
Payroll taxesLn 10$2.3M$1.5M$788K
Management feesLn 11a$1.9M$1.9M
Legal feesLn 11b$413K$413K
Accounting feesLn 11c$274K$274K
Lobbying feesLn 11d$0
Investment management feesLn 11f$4.8M$4.8M
Other fees for servicesLn 11g$128.2M$101.9M$26.3M
Advertising and promotionLn 12$780K$641K$139K
Office expensesLn 13$623K$388K$235K
Information technologyLn 14$6.5M$5.2M$1.3M
RoyaltiesLn 15$0
OccupancyLn 16$3.3M$61K$3.2M
TravelLn 17$65K$17K$48K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$6.3M$6.3M
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$1.5M$1.0M$523K
InsuranceLn 23$628K$628K
Other expenses (24a–d)Ln 24$62.9M$62.8M$75K
All other expensesLn 24e$22.4M$11.3M$11.1M
Total functional expensesLn 25$2.52B$2.45B$71.8M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.1B$3.1B−$7.8M$1.0B 990 PDF
FY2023 $3.3B$3.2B$115.1M$1.0B 990 PDF
FY2022 $3.0B$2.8B$171.1M$894.4M 990 PDF
FY2021 $3.0B$2.9B$111.6M$771.4M 990 PDF
FY2020 Viewing $2.6B$2.5B$33.2M$664.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $2,553,100,078 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $2,315,678,055$2,527,227,959
I-10 Investment incomePrior year $27,689,999$25,872,119
I-11 Other revenue$0
I-12 Total revenuePrior year $2,343,368,054$2,553,100,078
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to membersPrior year $2,061,365,261$2,237,700,191
I-15 Salaries and benefitsPrior year $38,255,665$41,551,892
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $235,923,208$240,627,063
I-18 Total expensesPrior year $2,335,544,134$2,519,879,146
I-19 Revenue less expensesPrior year $7,823,920$33,220,932
Part VI · Governance 5 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members5
VI-15a Process for setting top official's payNo
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
Part VIII · Statement of revenue $2,553,100,078 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,527,227,959$2,527,227,959
VIII-3 Investment incomeExcluded from tax $25,101,632$25,101,632
VIII-7 Net gain or loss on sales of assetsExcluded from tax $770,487$770,487
VIII-12 Total revenueRelated to mission $2,527,227,959 · Excluded from tax $25,872,119$2,553,100,078
Part IX · Statement of functional expenses $2,519,879,146 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for membersPrograms $2,237,700,191$2,237,700,191
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $21,028,425 · Management $12,255,619$33,284,044
IX-8 Pension plan contributionsPrograms $1,242,737 · Management $405,718$1,648,455
IX-9 Other employee benefitsPrograms $3,259,933 · Management $1,064,276$4,324,209
IX-10 Payroll taxesPrograms $1,507,011 · Management $788,173$2,295,184
IX-11a Management feesManagement $1,882,196$1,882,196
IX-11b Legal feesManagement $412,664$412,664
IX-11c Accounting feesManagement $273,590$273,590
IX-11d Lobbying fees$0
IX-11f Investment management feesManagement $4,785,705$4,785,705
IX-11g Other fees for servicesPrograms $101,903,751 · Management $26,299,821$128,203,572
IX-12 Advertising and promotionPrograms $641,102 · Management $138,873$779,975
IX-13 Office expensesPrograms $387,750 · Management $235,194$622,944
IX-14 Information technologyPrograms $5,214,197 · Management $1,306,071$6,520,268
IX-15 Royalties$0
IX-16 OccupancyPrograms $61,126 · Management $3,241,144$3,302,270
IX-17 TravelPrograms $17,067 · Management $48,301$65,368
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestManagement $6,286,192$6,286,192
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $1,011,492 · Management $523,391$1,534,883
IX-23 InsuranceManagement $627,761$627,761
IX-24 Other expenses (24a–d)Programs $62,818,708 · Management $74,707$62,893,415
IX-24e All other expensesPrograms $11,315,270 · Management $11,120,990$22,436,260
IX-25 Total functional expensesPrograms $2,448,108,760 · Management $71,770,386 · Fundraising $0$2,519,879,146
Part X · Balance sheet $1,339,028,107 assets, 10 lines filed
X-2 Savings and temporary cash investmentsStart of year $257,521,369$421,237,297
X-4 Accounts receivableStart of year $52,043,996$70,638,071
X-11 Publicly traded securitiesStart of year $685,517,977$690,397,739
X-15 Other assetsStart of year $142,684,000$156,755,000
X-16 Total assetsStart of year $1,137,767,342$1,339,028,107
X-17 Accounts payable and accrued expensesStart of year $234,457,155$261,133,382
X-25 Other liabilitiesStart of year $282,358,319$413,815,361
X-26 Total liabilitiesStart of year $516,815,474$674,948,743
X-32 Total net assets or fund balancesStart of year $620,951,868$664,079,364
X-33 Total liabilities and net assetsStart of year $1,137,767,342$1,339,028,107
Part XI · Reconciliation of net assets $664,079,364 net assets at year end
XI-1 Total revenue$2,553,100,078
XI-2 Total expenses$2,519,879,146
XI-3 Revenue less expenses$33,220,932
XI-4 Net assets at start of year$620,951,868
XI-5 Net unrealized gains (losses) on investments$3,497,598
XI-9 Other changes in net assets$6,408,966
XI-10 Net assets at end of year$664,079,364

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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