Health Alliance Plan Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,791,417,432 | 1,771,052,414 | 20,365,018 | 2.1 | 3% |
| 2012 | 1,895,763,723 | 1,874,585,988 | 21,177,735 | 2.2 | 3% |
| 2013 | 1,864,084,042 | 1,844,810,671 | 19,273,371 | 2.4 | 4% |
| 2014 | 1,754,278,522 | 1,760,417,721 | −6,139,199 | 2.4 | 4% |
| 2015 | 1,608,654,798 | 1,622,395,319 | −13,740,521 | 2.5 | 5% |
| 2016 | 1,897,300,343 | 1,909,379,487 | −12,079,144 | 2.1 | 5% |
| 2017 | 1,832,480,920 | 1,823,464,751 | 9,016,169 | 2.3 | 3% |
| 2018 | 1,473,964,679 | 1,483,423,250 | −9,458,571 | 2.9 | 3% |
| 2019 | 1,510,727,877 | 1,493,376,572 | 17,351,305 | 3.0 | 3% |
| 2020 | 1,523,591,589 | 1,464,356,994 | 59,234,595 | 3.5 | 3% |
| 2021 | 1,512,844,679 | 1,645,581,353 | −132,736,674 | 1.9 | 2% |
| 2022 | 1,566,077,953 | 1,509,906,316 | 56,171,637 | 2.5 | 2% |
| 2023 | 1,621,970,158 | 1,622,285,296 | −315,138 | 2.5 | 2% |
In its most recent public year (2023), this organization spent $315,138 more than it brought in. Its reserves stood at about 2.5 months of spending. Staff pay was 2% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Health Alliance Plan Of Michigan's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works