Common Ground Healthcare Cooperative
- Assets
- $311.1m
- Revenue
- $329.5m
- Investments
- $0.0
- Employees
- 136
- Location
- Brookfield, WI
- Founding
- 08/2013
- Data as of
- 12/2021
- EIN
- 45-3309488
Organization Overview
Common Ground Healthcare Cooperative is located in Brookfield, WI. The organization was established in 2013. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Common Ground Healthcare Cooperative employed 136 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2021, Common Ground Healthcare Cooperative generated $329.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $356.7m during the year ending 12/2021. While expenses have increased by 8.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE AFFORDABLE HEALTH INSURANCE SOLUTIONS TO SMALL BUS., INDIVIDUALS & NON-PROFITS IN WI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMON GROUND HEALTHCARE COOPERATIVE IS A NON-PROFIT MEMBER-GOVERNED HEALTH INSURANCE COOPERATIVE DEDICATED TO DELIVERING QUALITY, COMPREHENSIVE HEALTH INSURANCE TO SMALL BUSINESSES AND INDIVIDUALS IN WISCONSIN.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathy Mahaffey CEO | Officer | 40 | $613,590 |
Scott Anderson Cmo - Chief Medical Officer | Officer | 40 | $385,157 |
Brian Mcdonald Chief Bus Dev Officer | Officer | 40 | $381,586 |
Tom Lawless CFO | Officer | 40 | $333,276 |
Melissa Henderson COO | Officer | 40 | $329,849 |
Robert Plesha Chief Actuary | 40 | $309,210 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Humana Wisconsin Health Org Insurance Co Health Insurance | 12/30/21 | $1,161,144 |
Optum Health Care Solutions Inc Medical Management | 12/30/21 | $1,401,189 |
Security Health Plan Of Wisconsin Inc Medical Management | 12/30/21 | $975,409 |
Milliman Inc Actuarial | 12/30/21 | $926,065 |
Mpx Printing And Postage | 12/30/21 | $667,736 |
Financial Statements
| 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 | $326,829,843 |
| Investment income | $2,686,015 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,504 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $329,524,362 |
| 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. | $2,323,225 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,990,461 |
| Pension plan accruals and contributions | $438,434 |
| Other employee benefits | $1,374,214 |
| Payroll taxes | $640,588 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $179,082 |
| Fees for services: Accounting | $2,851,306 |
| Fees for services: Lobbying | $48,658 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,475,113 |
| Advertising and promotion | $603,277 |
| Office expenses | $1,504,274 |
| Information technology | $1,658,837 |
| Royalties | $0 |
| Occupancy | $261,059 |
| Travel | $38,346 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $89,377 |
| Interest | $453,028 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $217,241 |
| Insurance | $232,685 |
| All other expenses | $1,411,096 |
| Total functional expenses | $356,691,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,997,101 |
| Savings and temporary cash investments | $185,735,791 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,750,017 |
| 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 | $231,913 |
| Net Land, buildings, and equipment | $514,549 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $93,873,304 |
| Total assets | $311,102,675 |
| Accounts payable and accrued expenses | $4,374,726 |
| Grants payable | $0 |
| Deferred revenue | $54,269,636 |
| 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 | $91,429,763 |
| Other liabilities | $61,295,665 |
| Total liabilities | $211,369,790 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $99,732,885 |
| Total liabilities and net assets/fund balances | $311,102,675 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Common Ground Healthcare Cooperative Brookfield, WI | $311,102,675 | $329,524,362 |
Lincoln National Corporation Voluntary Employee Bene Assoc Tr Des Moines, IA | $30,374,393 | $155,125,336 |
Cooperative Welfare Benefits Fund West Des Moines, IA | $20,233,911 | $75,160,652 |
University Of Chicago Self Insurance Trust Chicago, IL | $366,096,537 | $38,837,635 |
Workers Compensation Reinsurance Association St Paul, MN | $4,127,132,929 | $379,015,449 |
Rush University Medical Centers Self-Insurance Trust For Healthcar Chicago, IL | $184,033,612 | $58,498,218 |
Pohlad Group Veba Trust Milwaukee, WI | $1,880,360 | $21,238,879 |
Automatic Sprinkler-281 U A Welfare Fund Alsip, IL | $43,182,482 | $25,386,372 |
Ua Local 190 Health And Welfare Plan And Tr Bingham Farms, MI | $31,731,480 | $19,592,093 |
St Anthony's Med Cnt Prof & Gen Liab Milwaukee, WI | $0 | $2,384,132 |
Illinois Insurance Guaranty Fund Chicago, IL | $161,417,885 | $26,320,531 |
Healthalliance Benefit Plan Urbandale, IA | $4,354,956 | $14,851,406 |