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 2024.
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 | — | — |
Frequently Asked Questions
How large is Medica Health Plans?
As of 2024, Medica Health Plans holds $971.7M in total assets with $1.8B in annual revenue.
Where does Medica Health Plans operate?
Medica Health Plans has awarded grants in Minnesota, Nebraska.
What is Medica Health Plans's EIN?
Medica Health Plans's EIN (Employer Identification Number) is 41-1242261. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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