Saginaw Health Plan is located in Saginaw, MI. As of 09/2018, Saginaw Health Plan employed 16 individuals. Saginaw Health Plan is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2018, Saginaw Health Plan generated $92.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $471.7k during the year ending 09/2018. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
ASSISTED WITH LOW INCOME PERSONS BECOMING INSURED FOR HEALTH CARE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED ASSISTANCE WITH LOW INCOME PERSONS TO OBTAIN HEALTH CARE COVERAGE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Streeter Treasurer | Trustee | 0 | $0 |
Koren Thurston Director | Trustee | 0 | $0 |
Collen Sproul Chairman | Trustee | 0 | $0 |
Dr Toby Long Director | Trustee | 0 | $0 |
Gayle Biederman Director | Trustee | 0 | $0 |
Christina Harrington Director | Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $44,892 |
| Investment income | $29,407 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $92,421 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $43,352 |
| Compensation of current officers, directors, key employees. | $43,352 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $219,135 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,749 |
| Fees for services: Accounting | $25,697 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,126 |
| Office expenses | $15,424 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,396 |
| All other expenses | $4,540 |
| Total functional expenses | $471,726 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,396 |
| Savings and temporary cash investments | $1,418,650 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,570 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,327 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $943 |
| Total assets | $1,508,886 |
| Accounts payable and accrued expenses | $12,358 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,000 |
| Total liabilities | $15,358 |
| Unrestricted restricted net Assets | $1,493,528 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $1,493,528 |