Blue Care of Michigan Inc

Nonprofit profile at a glance

EIN
382536979
IRS 990 coverage
2010–2017
Forms available
Form 990 2017
Location
Southfield, MI, USA
Phone
2487996363
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Hospital, General

Reported finances

Revenue
$697,309
Expenses
$821,117
Assets
$6,131,837
Liabilities
$26,832

Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • TIFFANY OTIS-ALBERT (PRESIDENT &)

Highest reported compensation

  • KEVIN JAMES KLOBUCAR (FORMER OFF-C): $5,180,812 total reported compensation
  • MARC D KESHISHIAN MD (CHIEF MEDICA): $1,354,220 total reported compensation
  • TIFFANY OTIS-ALBERT (PRESIDENT &): $1,047,130 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide a health care delivery system.

What it reported doing in 2017

Blue care of Michigan, inc. Is licensed by the state of Michigan to provide a health care delivery system. Membership for the year ended december 31, 2017 was 111 and member months were 1,403.

Operating model

Revenue model
Earned-program. 90% of the money available for current operations came from fees and other program revenue.
Distribution model
Member-benefit provider. The nonprofit used 99% of its reported program spending for member benefits.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 82
  • Accountability: 76
  • Sustainability: 40
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.9%; rating input score 79
  • Program expense ratio: 74.9%; rating input score 75
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 66.7%; rating input score 67; 12th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -17.8%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 7.47; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 82; 82nd percentile among comparable filings
  • Officer compensation ratio: 205.5%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: -33.1% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -25.7% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: 4.7% per year; rating input score 100; 50th percentile among comparable filings

Details

  • Where the money goes: 78.9% of revenue deployed · 74.9% of spending went to programs
  • Governance: 2 of 3 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $615K in reported program spending
  • Leadership: top reported pay $5.2M · 9 people listed · 4 of 6 pay-setting controls reported
  • Consistency: 15 of 15 current checks pass
  • Schedules: 4 filed schedules · includes executive pay
  • Filing history: 8 filing years from 2010 to 2017
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 8/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Sustainability: Officer compensation ratio scored 0/100.