Genesee Health Plan
- Assets
- $8.8m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 47
- Location
- Flint, MI
- Founding
- 12/2004
- Data as of
- 09/2023
- EIN
- 38-3625439
Organization Overview
Genesee Health Plan is located in Flint, MI. The organization was established in 2004. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 09/2023, Genesee Health Plan employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Genesee 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 09/2023, Genesee Health Plan generated $5.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $6.5m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HEALTH CARE COVERAGE FOR LOW-INCOME, UNINSURED RESIDENTS OF GENESEE COUNTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE HEALTH SERVICES TO UNINSURED RESIDENTS OF GENESEE COUNTY WHO ARE NOT ELIGIBLE FOR OTHER PUBLICLY FUNDED HEALTH INSURANCE PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Daniel Dulin Secretary | Trustee | 0 | $0 |
Dr Donna Fry Director | Trustee | 0 | $0 |
Nancy Haywood Chairman | Trustee | 0 | $0 |
Dr Raymond Gist Treasurer | Trustee | 0 | $0 |
Linda Hamacher Director | Trustee | 0 | $0 |
Deb Cherry Director | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Delta Dental Dental Coverage | 9/29/23 | $584,775 |
Dm Burr Property Management | 9/29/23 | $272,946 |
Key Benefit Administrators Claims Management | 9/29/23 | $142,985 |
Bcbs Health Insurance | 9/29/23 | $156,799 |
Blue Care Network Health Insurance | 9/29/23 | $249,420 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,104,607 |
| 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 | $1,104,607 |
| Total Program Service Revenue | $3,703,388 |
| Investment income | $478,981 |
| 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 | $5,500,879 |
| 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. | $134,937 |
| Compensation of current officers, directors, key employees. | $134,937 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,461,263 |
| Pension plan accruals and contributions | $33,030 |
| Other employee benefits | $541,913 |
| Payroll taxes | $111,704 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,860 |
| Fees for services: Accounting | $48,986 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,111 |
| Advertising and promotion | $121,403 |
| Office expenses | $82,436 |
| Information technology | $117,425 |
| Royalties | $0 |
| Occupancy | $272,566 |
| Travel | $5,727 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,250 |
| Interest | $68,471 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $383,767 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $6,490,897 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,800,900 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,913,332 |
| 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 | $213,148 |
| Net Land, buildings, and equipment | $132,882 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,697,014 |
| Other assets | $0 |
| Total assets | $8,757,276 |
| Accounts payable and accrued expenses | $128,203 |
| 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 | $2,828,403 |
| Total liabilities | $2,956,606 |
| Net assets without donor restrictions | $5,798,577 |
| Net assets with donor restrictions | $2,093 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,757,276 |