Illinois Association Of Medicaid Health Plans
EIN: 383904312 · Springfield, IL · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.6M |
| Net Assets | $657K |
Is Illinois Association Of Medicaid Health Plans Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Illinois Association Of Medicaid Health Plans
Illinois Association Of Medicaid Health Plans (EIN: 383904312) is a nonprofit organization based in Springfield, IL, classified under NTEE code S41. The organization reported total revenue of $1.3M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Illinois Association Of Medicaid Health Plans's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Illinois Association Of Medicaid Health Plans is a mid-size nonprofit that has been operating for 9 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 18.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$519K |
| Total Assets | $1.3M |
| Total Liabilities | $607K |
| Net Assets | $657K |
| Operating Margin | 25.0% |
| Debt-to-Asset Ratio | 48.0% |
| Months of Reserves | 9.8 months |
Financial Health Grade: A
In 2023, Illinois Association Of Medicaid Health Plans reported a surplus of $519K with revenue exceeding expenses, holds 9.8 months of operating reserves (strong position), has a debt-to-asset ratio of 48.0% (moderate leverage).
Financial Trends
Over 10 years of filings (2014–2023), Illinois Association Of Medicaid Health Plans's revenue has grown at a compound annual growth rate (CAGR) of 18.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.3% | +4.3% | +133.8% |
| 2022 | +20.2% | +12.3% | -7.8% |
| 2021 | +4.8% | -7.3% | +311.1% |
| 2020 | +3.9% | -1.3% | -48.9% |
| 2019 | -5.9% | +24.7% | -29.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Illinois Association Of Medicaid Health Plans has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Illinois Association Of Medicaid Health Plans with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $519K, with revenue exceeding expenses.
- Debt-to-asset ratio: 48.0%.
Frequently Asked Questions about Illinois Association Of Medicaid Health Plans
Is Illinois Association Of Medicaid Health Plans a legitimate charity?
Illinois Association Of Medicaid Health Plans (EIN: 383904312) is a registered tax-exempt nonprofit based in Illinois. It has 10 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. Financial health grade: A.
How does Illinois Association Of Medicaid Health Plans spend its money?
Illinois Association Of Medicaid Health Plans reported $1.3M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Illinois Association Of Medicaid Health Plans tax-deductible?
Illinois Association Of Medicaid Health Plans is registered as a tax-exempt nonprofit (EIN: 383904312). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Illinois Association Of Medicaid Health Plans located?
Illinois Association Of Medicaid Health Plans is headquartered in Springfield, Illinois and files with the IRS under EIN 383904312. It is classified under NTEE code S41.
How many years of IRS 990 filings does Illinois Association Of Medicaid Health Plans have?
Illinois Association Of Medicaid Health Plans has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.3M in total revenue.
Filing History
IRS 990 filing history for Illinois Association Of Medicaid Health Plans showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Illinois Association Of Medicaid Health Plans's revenue has grown by 359.2%, moving from $451K to $2.1M. Total assets increased by 446.3% over the same period, from $231K to $1.3M. Total functional expenses rose by 389.8%, from $317K to $1.6M. In its most recent filing year (2023), Illinois Association Of Medicaid Health Plans reported a surplus of $519K, with revenue exceeding expenses. The organization holds $607K in liabilities against $1.3M in assets (debt-to-asset ratio: 48.0%), resulting in net assets of $657K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $1.6M | $1.3M | $607K | — | — |
| 2022 | $1.6M | $1.5M | $541K | $403K | — | View 990 |
| 2021 | $1.3M | $1.3M | $586K | $573K | — | — |
| 2020 | $1.3M | $1.4M | $143K | $147K | — | — |
| 2019 | $1.2M | $1.4M | $279K | $135K | — | View 990 |
| 2018 | $1.3M | $1.2M | $394K | $35K | — | View 990 |
| 2017 | $770K | $821K | $293K | $82K | — | View 990 |
| 2016 | $837K | $780K | $269K | $7K | — | View 990 |
| 2015 | $514K | $482K | $262K | $2K | — | View 990 |
| 2014 | $451K | $317K | $231K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $1.6M, and assets of $1.3M (revenue +28.3% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.5M, and assets of $541K (revenue +20.2% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.3M, and assets of $586K (revenue +4.8% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.4M, and assets of $143K (revenue +3.9% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.4M, and assets of $279K (revenue -5.9% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.2M, and assets of $394K (revenue +70.3% year-over-year).
- 2017: Revenue of $770K, expenses of $821K, and assets of $293K (revenue -8.1% year-over-year).
- 2016: Revenue of $837K, expenses of $780K, and assets of $269K (revenue +62.9% year-over-year).
- 2015: Revenue of $514K, expenses of $482K, and assets of $262K (revenue +14.0% year-over-year).
- 2014: Revenue of $451K, expenses of $317K, and assets of $231K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Illinois Association Of Medicaid Health Plans:
Data Sources and Methodology
This transparency report for Illinois Association Of Medicaid Health Plans is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.