Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 41-1242261

MEDICA HEALTH PLANS

Tax-exempt · MINNETONKA, MN 55305

Financials

$1.5B$1.4B2023$1.8B$1.9B2024
Revenue Expenses · by fiscal year end
Financials of MEDICA HEALTH PLANS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,827,807,730$1,934,770,747-$106,963,017$971,675,180$416,251,506$555,423,674
December 31, 2023990 (amended)$1,453,962,017$1,425,557,707$28,404,310$925,548,510$272,367,606$653,180,904
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,780,776,947
Investment income
$43,654,053
Net rental income
$3,376,730
Net gain from sales of assets
$14,451,050
Other revenue
$3,376,730

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$1,731,503,812
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$718,615
Accounting fees
$210,406
Occupancy
$1,324,284
Travel
$259,218
Depreciation
$8,474,980
Program services (functional)
$1,731,503,812
Management and general (functional)
$203,266,935

Balance sheet and other

Total assets, start of year
$925,548,510
Total assets, end of year
$971,675,180
Total liabilities, end of year
$416,251,506
Net assets, end of year
$555,423,674
Land, buildings and equipment
$68,353,303
Publicly traded securities
$694,427,073
Gross receipts
$3,562,820,716
Employees
14
Volunteers
0
Year formed
1973
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
ELIZABETH F ERICKSONPRESIDENT, CEO, & TREAS THRU 1/2024
Trustee or director, Officer
0$0$1,669,649$201,202
KRISTA DUSILSVP, CFO, & TREASURER
Officer
0$0$804,123$116,115
MARY P QUISTSR. VP, FINANCE THRU 6/2024
Officer
0$0$604,708$35,245
JOHN NAYLORFORMER PRESIDENT & CEO
Former
0$0$565,230$0
ALICIA REUTERSVP & CLO, SECRETARY
Officer
0$0$408,482$72,742
JAMES P JACOBSONFORMER SVP SEC & GEN COUNSEL
Former
0$0$403,815$0
MARK L BAIRDFORMER SVP & CFO
Former
0$0$370,125$0
DAVID H ELLENBOGENFORMER SVP SEC & GEN COUNSEL
Former
0$0$224,611$1,619
JOHN BUCKDIRECTOR & CHAIR
Trustee or director, Officer
0$0$145,250$0
JOHN STANOCHDIRECTOR & VICE CHAIR
Trustee or director, Officer
0$0$128,500$0
PETER KELLEYDIRECTOR
Trustee or director
0$0$94,750$0
MARY TWINEMDIRECTOR
Trustee or director
0$0$90,250$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JOHN NAYLORPRESIDENT & CEO (THRU 9/23)
Trustee or director, Officer
0$0$5,672,385$28,672
ELIZABETH F ERICKSONPRESIDENT & CEO & CFO
Trustee or director, Officer
0$0$1,203,089$39,039
MARY P QUISTTREASURER/INTERIM CFO
Former
0$0$808,429$49,529
DAVID H ELLENBOGENSVP SEC & GEN COUNSEL (THRU 12/23)
Officer
0$0$773,584$45,018
MARK L BAIRDFORMER SVP & CFO
Former
0$0$552,044$0
JAMES P JACOBSONFORMER SVP SEC & GEN COUNSEL
Former
0$0$448,077$0
JOHN BUCKDIRECTOR
Trustee or director, Officer
0$0$163,750$0
JOHN STANOCHDIRECTOR & CHAIR
Trustee or director, Officer
0$0$121,250$0
PETER KELLEYDIRECTOR
Trustee or director
0$0$112,500$0
MARY TWINEMDIRECTOR
Trustee or director
0$0$111,000$0

Address and contacts

Address (IRS master file)
401 CARLSON PKWY, MINNETONKA, MN 55305-5359
In care of
% PAYROLL DEPARTMENT - TAXES
Principal officer (990 for 2024)
ELIZABETH ERICKSON, 401 CARLSON PARKWAY CP 330, MINNETONKA, MN 55305
Signed the 990
KRISTA DUSIL, CFO
Phone
(952) 992-2753
Return prepared by
KPMG LLP

Mission

TO BE THE TRUSTED HEALTH PLAN OF CHOICE FOR CUSTOMERS, MEMBERS, PARTNERS AND OUR EMPLOYEES.

990 for the year ended December 31, 2024

Program accomplishments

  • SEE SCHEDULE O
    Expenses $450,019,510 · revenue $456,290,387
  • SEE SCHEDULE O
    Expenses $34,519,660 · revenue $11,569,959
  • SEE SCHEDULE O
    Expenses $1,246,964,642 · revenue $1,312,916,601

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-1242261
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1975
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$971,675,180
Income (IRS master file)
$3,562,820,716

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,827,807,730$1,934,770,747$971,675,180XML
990December 2023$1,453,962,017$1,425,557,707$925,548,510XML
990December 2022$1,320,077,888$1,246,496,448$849,808,305IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1242261).

Questions about MEDICA HEALTH PLANS

What is the EIN of MEDICA HEALTH PLANS?
The employer identification number (EIN) of MEDICA HEALTH PLANS is 41-1242261.
Is MEDICA HEALTH PLANS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1975.
Are donations to MEDICA HEALTH PLANS tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MEDICA HEALTH PLANS file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MEDICA HEALTH PLANS due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MEDICA HEALTH PLANS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MEDICA HEALTH PLANS?
The 990 for the year ended December 31, 2024 names ELIZABETH ERICKSON.
Who are the officers and directors of MEDICA HEALTH PLANS?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does MEDICA HEALTH PLANS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,827,807,730, expenses of $1,934,770,747 and total assets of $971,675,180 at year end.

Other nonprofits in MINNETONKA

All nonprofits in MINNETONKA · Minnesota