EMI Health

Legal name: Educators Mutual Insurance Association of Utah

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

21 people listed

Steven Morrison (Chief Executive Officer): $838,739 total reported compensation
Michael Greenhalgh (Chief Financial Officer): $645,331 total reported compensation
David Lowther (Chief Operating Officer): $522,664 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Provide life, accident, & health insurance to educational groups.

Provide life, accident, and health insurance to educational groups.

Revenue model: Other-operating. 92% of the money available for current operations came from other operating revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Missing
Foreign activity oversight: Limited
Grant itemization coverage: 99.9%; rating input score 100; 47th percentile among comparable filings
Major donor itemization: Limited
Related-party transparency: Yes; rating input score 100

Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- 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

Operating margin: 26.4%; rating input score 91; 91st percentile among comparable filings
Total-asset coverage ratio: 5.22; rating input score 86; 86th percentile among comparable filings
Liabilities to assets ratio: 0.16; rating input score 74; 74th percentile among comparable filings
Officer compensation ratio: 4.6%; rating input score 20; 20th percentile among comparable filings

Program expense growth: Limited
Revenue growth: 1.7% per year; rating input score 100; 12th percentile among comparable filings
Asset growth: 9.8% per year; rating input score 100; 69th percentile among comparable filings

What they do: 15 operating locations identified
Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 9 of 9 board members independent · 7 of 9 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $839K · 21 people listed · 3 of 6 pay-setting controls reported
Highest-paid contractors: 5 contractors listed · $3.6M reported
Consistency: 15 of 15 current checks pass
Schedules: 5 filed schedules · includes grants, executive pay, and related organizations
Filing history: 14 filing years from 2010 to 2024
Contacts: How to reach this organization
Money network: 22 filed money-flow records
Related organizations: 10 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.

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