Northern Health Plan Corporation
Northern Health Plan Corporation faces sustained operational deficits, drawing down assets despite no reported executive compensation.
EIN: 201477015 · Charlevoix, MI · NTEE: E60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.6M |
| Program Spending | 80% |
| Net Assets | $2.0M |
| Transparency Score | 70/100 |
Is Northern Health Plan Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Northern Health Plan Corporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Northern Health Plan Corporation
Northern Health Plan Corporation (EIN: 201477015) is a nonprofit organization based in Charlevoix, MI, classified under NTEE code E60. The organization reported total revenue of $1.4M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northern Health Plan Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northern Health Plan Corporation is a mid-size nonprofit that has been operating for 18 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -13.1%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-157,734 |
| Total Assets | $2.2M |
| Total Liabilities | $237K |
| Net Assets | $2.0M |
| Operating Margin | -11.0% |
| Debt-to-Asset Ratio | 10.5% |
| Months of Reserves | 17.0 months |
Financial Health Grade: B
In 2019, Northern Health Plan Corporation reported a deficit of $158K with expenses exceeding revenue, holds 17.0 months of operating reserves (strong position), has a debt-to-asset ratio of 10.5% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2019), Northern Health Plan Corporation's revenue has declined at a compound annual growth rate (CAGR) of -13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +12.3% | +10.3% | -4.5% |
| 2018 | +65.2% | +31.9% | -10.5% |
| 2017 | +1029.7% | +102.6% | -8.4% |
| 2016 | -87.4% | -1.9% | -9.2% |
| 2015 | -81.0% | -78.2% | -1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Northern Health Plan Corporation with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Northern Health Plan Corporation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $158K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.5%.
Executive Compensation Analysis
Northern Health Plan Corporation consistently reports 0% officer compensation across all nine filings, which is highly unusual for an organization of its size and revenue, suggesting either a fully volunteer leadership or compensation being reported under different categories or through related entities.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Northern Health Plan Corporation's IRS 990 filings:
- Consistent operational deficits for the past four years (2016-2019), with expenses exceeding revenue.
- Declining asset base since 2013, indicating a reliance on reserves to cover operational shortfalls.
- 0% reported officer compensation across all filings, which is highly unusual and may obscure actual executive remuneration.
Strengths
The following positive indicators were identified for Northern Health Plan Corporation:
- No reported officer compensation, indicating potential for high transparency in this area or a volunteer-led executive team.
- Substantial asset base ($2,248,282 in 2019) provides a buffer despite recent deficits.
Frequently Asked Questions about Northern Health Plan Corporation
Is Northern Health Plan Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Northern Health Plan Corporation (EIN: 201477015) some concerns. Mission Score: 70/100. 3 red flags identified, 2 strengths noted.
How does Northern Health Plan Corporation spend its money?
Northern Health Plan Corporation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Northern Health Plan Corporation tax-deductible?
Northern Health Plan Corporation is registered as a tax-exempt nonprofit (EIN: 201477015). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Northern Health Plan Corporation's spending goes to programs?
Northern Health Plan Corporation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Northern Health Plan Corporation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Northern Health Plan Corporation is above average for NTEE category E60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Northern Health Plan Corporation located?
Northern Health Plan Corporation is headquartered in Charlevoix, Michigan and files with the IRS under EIN 201477015. It is classified under NTEE code E60.
How many years of IRS 990 filings does Northern Health Plan Corporation have?
Northern Health Plan Corporation has 9 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 $1.4M in total revenue.
Is Northern Health Plan Corporation financially stable?
No, the organization has experienced consistent operational deficits for the past four years, with expenses exceeding revenue. Its assets have also been declining since 2013, indicating a reliance on reserves.
How does Northern Health Plan Corporation compensate its leadership?
The IRS 990 filings consistently report 0% officer compensation. This is unusual and warrants further investigation to understand how key leadership is compensated, if at all, or if compensation is reported under other expense categories.
What is the trend in Northern Health Plan Corporation's assets?
The organization's assets have been on a downward trend since 2013, decreasing from $3,803,948 to $2,248,282 in 2019, suggesting a depletion of reserves.
Filing History
IRS 990 filing history for Northern Health Plan Corporation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Northern Health Plan Corporation's revenue has declined by 67.5%, moving from $4.4M to $1.4M. Total assets decreased by 21.5% over the same period, from $2.9M to $2.2M. Total functional expenses fell by 62.2%, from $4.2M to $1.6M. In its most recent filing year (2019), Northern Health Plan Corporation reported a deficit of $158K, with expenses exceeding revenue. The organization holds $237K in liabilities against $2.2M in assets (debt-to-asset ratio: 10.5%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $1.4M | $1.6M | $2.2M | $237K | — | View 990 |
| 2018 | $1.3M | $1.4M | $2.4M | $186K | — | View 990 |
| 2017 | $770K | $1.1M | $2.6M | $297K | — | View 990 |
| 2016 | $68K | $539K | $2.9M | $216K | — | View 990 |
| 2015 | $540K | $549K | $3.2M | $37K | — | View 990 |
| 2014 | $2.8M | $2.5M | $3.2M | $63K | — | View 990 |
| 2013 | $4.2M | $3.8M | $3.8M | $990K | — | View 990 |
| 2012 | $4.0M | $3.8M | $3.0M | $641K | — | View 990 |
| 2011 | $4.4M | $4.2M | $2.9M | $710K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $1.4M, expenses of $1.6M, and assets of $2.2M (revenue +12.3% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.4M, and assets of $2.4M (revenue +65.2% year-over-year).
- 2017: Revenue of $770K, expenses of $1.1M, and assets of $2.6M (revenue +1029.7% year-over-year).
- 2016: Revenue of $68K, expenses of $539K, and assets of $2.9M (revenue -87.4% year-over-year).
- 2015: Revenue of $540K, expenses of $549K, and assets of $3.2M (revenue -81.0% year-over-year).
- 2014: Revenue of $2.8M, expenses of $2.5M, and assets of $3.2M (revenue -32.8% year-over-year).
- 2013: Revenue of $4.2M, expenses of $3.8M, and assets of $3.8M (revenue +5.8% year-over-year).
- 2012: Revenue of $4.0M, expenses of $3.8M, and assets of $3.0M (revenue -9.0% year-over-year).
- 2011: Revenue of $4.4M, expenses of $4.2M, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northern Health Plan Corporation:
Data Sources and Methodology
This transparency report for Northern Health Plan Corporation 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.