#11 of 500 · Health Plan / Insurer

Ucare Minnesota

EIN 36-3573805 · MN · NTEE E22Z · Form 990, fiscal 2023

An independent nonprofit health plan based in Minnesota, established in 1984 by the University of Minnesota's Department of Family Practice and Community Health. It provides health coverage to members across Minnesota and parts of western Wisconsin, including Medicare Advantage, individual and family, and Medicaid/MinnesotaCare plans, working with providers and community organizations to serve its members.

Financials, fiscal 2023

Revenue

$6.16B

Expenses

$6.28B

Total assets

$1.91B

Net assets

$1.10B

Operating margin

-2.0%

1-year growth

1.1%

5-year growth (CAGR)

13.3%

Reserve (years of spending)

2.1

Contributions share

0.0%

Programme spending

99.1%

Fundraising cost

n/a

Executive pay share

0.00%

Employees

1,813

Revenue per employee

$3.4M

Grants paid

$83.5M

Years filing

34

NFP Health Score: 59 / 100

Financial 38 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

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

Revenue history