Medica Health Plans
TO BE THE TRUSTED HEALTH PLAN OF CHOICE FOR CUSTOMERS, MEMBERS, PARTNERS AND OUR EMPLOYEES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$971.7M
+5.0% YoY
Revenue
$1.8B
+25.7% YoY
Net Investment Income
$43.7M
+129.6% YoY
Expenses
$1.9B
+35.7% YoY
About Medica Health Plans
Based on IRS filings
Medica Health Plans is a nonprofit organization, based in MINNETONKA, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $971.7M in total assets. Net investment income was $43.7M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $971,675,180 | $925,548,510 | $849,808,305 |
| Revenue | $1,827,807,730 | $1,453,962,017 | $1,320,077,888 |
| Expenses | $1,934,770,747 | $1,425,557,707 | $1,246,496,448 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $43,654,053 | $19,013,780 | $9,735,241 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELIZABETH F ERICKSON | PRESIDENT, CEO, & TREAS THRU 1/2024 | — | — |
| JOHN BUCK | DIRECTOR & CHAIR | — | — |
| JOHN STANOCH | DIRECTOR & VICE CHAIR | — | — |
| PETER KELLEY | DIRECTOR | — | — |
| MARY TWINEM | DIRECTOR | — | — |
| MARY P QUIST | SR. VP, FINANCE THRU 6/2024 | — | — |
| KRISTA DUSIL | SVP, CFO, & TREASURER | — | — |
| ALICIA REUTER | SVP & CLO, SECRETARY | — | — |
| MARK L BAIRD | FORMER SVP & CFO | — | — |
| JAMES P JACOBSON | FORMER SVP SEC & GEN COUNSEL | — | — |
| JOHN NAYLOR | FORMER PRESIDENT & CEO | — | — |
| DAVID H ELLENBOGEN | FORMER SVP SEC & GEN COUNSEL | — | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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