My Choice Family Care Inc
- Assets
- $194.4m
- Revenue
- $713.9m
- Investments
- $0.0
- Employees
- 1,263
- Location
- Wauwatosa, WI
- Founding
- 03/2017
- Data as of
- 12/2021
- EIN
- 81-1970070
Organization Overview
My Choice Family Care Inc is located in Wauwatosa, WI. The organization was established in 2017. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. As of 12/2021, My Choice Family Care Inc employed 1,263 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. My Choice Family Care Inc 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 12/2021, My Choice Family Care Inc generated $713.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 37.7% each year . All expenses for the organization totaled $674.7m during the year ending 12/2021. While expenses have increased by 36.9% per year over the past 6 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
WISCONSIN BASED MANAGED CARE ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MY CHOICE WISCONSIN, INC. (THE "COMPANY OR "MCW") IS A MANAGED CARE ORGANIZATION (MCO) THAT OPERATES THE STATE OF WISCONSIN FAMILY CARE PROGRAM. FAMILY CARE IS A MEDICAID LONG-TERM CARE PROGRAM WHICH HELPS FRAIL ELDERS AND ADULTS WITH DISABILITIES GET THE SERVICES THEY NEED TO REMAIN IN THEIR HOMES. MCW RECEIVES A PER PERSON PER MONTH PAYMENT (CAPITATION RATE) TO MANAGE CARE FOR THE MEMBERS, WHO MAY BE LIVING IN THEIR OWN HOMES, GROUP HOME LIVING SITUATIONS, OR NURSING FACILITIES. MEMBERS RECEIVING THE FAMILY CARE BENEFIT MAY BE REQUIRED TO PAY A COST SHARE AND/OR A ROOM & BOARD FEE TO MCW. MCW SERVES OVER 15,000 MEMBERS IN THIRTY-NINE WISCONSIN COUNTIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maria Ledger Chief Executive Officer | Officer | 30 | $614,018 |
James Hodson Chief Financial Officer | Officer | 30 | $508,245 |
Betsy Van Heesch Chief Operations Officer | Officer | 25 | $447,176 |
Kevin Collins Chief Compliance Officer | Officer | 30 | $392,057 |
Dr Eric Quivers Chief Medical Officer | Officer | 0 | $314,487 |
Brion Beauchene Chief Information Officer | Officer | 20 | $217,817 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Homes For Independent Living Of Wi Llc Member Services | 12/30/21 | $11,055,149 |
Kpi Inc (Dba Kathi Papa Inc) Member Services | 12/30/21 | $6,250,850 |
St Coletta Of Wisconsin Inc Member Services | 12/30/21 | $5,157,266 |
Lori Knapp Richland Inc Member Services | 12/30/21 | $4,808,544 |
Tlc Homes Inc Member Services | 12/30/21 | $5,106,482 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $168,476 |
| All other contributions, gifts, grants, and similar amounts not included above | $106,006 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $274,482 |
| Total Program Service Revenue | $710,270,357 |
| Investment income | $2,905,210 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$154,005 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $713,856,193 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $124,588 |
| Grants and other assistance to domestic individuals. | $43,888 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $593,715,406 |
| Compensation of current officers, directors, key employees. | $2,849,135 |
| Compensation of current officers, directors, key employees. | $2,849,135 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $43,276,636 |
| Pension plan accruals and contributions | $2,036,977 |
| Other employee benefits | $8,254,273 |
| Payroll taxes | $4,330,667 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $246,361 |
| Fees for services: Accounting | $549,311 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $113,397 |
| Fees for services: Other | $4,246,075 |
| Advertising and promotion | $427,822 |
| Office expenses | $1,176,987 |
| Information technology | $3,214,108 |
| Royalties | $0 |
| Occupancy | $1,995,193 |
| Travel | $742,806 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $28,924 |
| Interest | $5,342 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,277,388 |
| Insurance | $593,309 |
| All other expenses | $0 |
| Total functional expenses | $674,710,396 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $215,270 |
| Savings and temporary cash investments | $89,961,054 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,560,615 |
| 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 | $615,833 |
| Net Land, buildings, and equipment | $2,622,656 |
| Investments—publicly traded securities | $69,605,709 |
| Investments—other securities | $0 |
| Investments—program-related | $19,526,701 |
| Intangible assets | $2,726,076 |
| Other assets | $536,013 |
| Total assets | $194,369,927 |
| Accounts payable and accrued expenses | $7,726,106 |
| 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 | $58,861,543 |
| Total liabilities | $66,587,649 |
| Net assets without donor restrictions | $127,782,278 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $194,369,927 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
My Choice Family Care Inc Wauwatosa, WI | $194,369,927 | $713,856,193 |
Php Medicare Lansing, MI | $27,571,426 | $51,693,098 |
Chestnut Health Systems Inc Bloomington, IL | $42,597,505 | $49,757,806 |
Southeastern Michigan Health Association Detroit, MI | $13,503,568 | $38,741,886 |
Illinois Public Health Association Springfield, IL | $11,708,294 | $35,467,341 |
Service Employees International Union Chicago, IL | $43,909,074 | $38,859,201 |
Heartland International Health Center Chicago, IL | $15,453,909 | $38,459,253 |
Illinois Critical Access Hospital Network Princeton, IL | $6,536,555 | $21,320,830 |
Michigan Physical Fitness Health And Sports Foundation Lansing, MI | $4,472,903 | $15,646,097 |
Promise Healthcare Nfp Champaign, IL | $5,494,406 | $13,211,334 |
Community Health Center Of Fort Dodge Inc Fort Dodge, IA | $15,635,255 | $12,999,102 |
Public Health Institute Of Metropolitan Chicago Chicago, IL | $3,108,904 | $9,007,429 |