Civic Intelligence

Portico Healthnet

990 • Fiscal year 2015 • EIN 41-1814659

Sep 01, 2014 to Aug 31, 2015 • Filed on Jan 29, 2016

1600 University Ave West 211St Paul, MN 55104

(651) 603-5100

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

70th percentile

0.32x

Higher debt load relative to assets than 70% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

61st percentile

0.19x

Higher debt load relative to revenue than 61% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

25th percentile

-6.4%

Higher net margin than 25% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

80th percentile

$131,498

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

12th percentile

-11%

Faster asset growth than 12% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

39th percentile

-0.3%

Faster revenue growth than 39% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$1,779,606

Down $209,846 (-11%) from 2014

Net Assets

Down

$1,202,285

Down $197,349 (-14%) from 2014

Liabilities

Down

$577,321

Down $12,497 (-2.1%) from 2014

Revenue

Down

$3,102,315

Down $8,754 (-0.3%) from 2014

Expenses

Up

$3,299,664

Up $72,314 (+2.2%) from 2014

Net Income

Down

-$197,349

Down $81,068 (-70%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2011: $2,363,440Liabilities 2011: $672,753Net Assets 2011: $1,690,6872011Assets 2012: $2,053,621Liabilities 2012: $505,022Net Assets 2012: $1,548,5992012Assets 2013: $2,048,475Liabilities 2013: $532,560Net Assets 2013: $1,515,9152013Assets 2014: $1,989,452Liabilities 2014: $589,818Net Assets 2014: $1,399,6342014Assets 2015: $1,779,606Liabilities 2015: $577,321Net Assets 2015: $1,202,2852015Assets 2016: $2,391,831Liabilities 2016: $647,959Net Assets 2016: $1,743,8722016Assets 2017: $1,562,702Liabilities 2017: $501,900Net Assets 2017: $1,060,8022017Assets 2018: $1,246,799Liabilities 2018: $353,435Net Assets 2018: $893,3642018Assets 2019: $1,036,536Liabilities 2019: $155,566Net Assets 2019: $880,9702019Assets 2020: $1,036,978Liabilities 2020: $422,106Net Assets 2020: $614,8722020Assets 2021: $1,170,975Liabilities 2021: $132,942Net Assets 2021: $1,038,0332021Assets 2022: $1,120,252Liabilities 2022: $155,388Net Assets 2022: $964,8642022Assets 2023: $979,034Liabilities 2023: $147,521Net Assets 2023: $831,5132023Assets 2024: $1,153,091Liabilities 2024: $212,869Net Assets 2024: $940,2222024

Highlighted filing

2015

Assets$1,779,606
Liabilities$577,321
Net Assets$1,202,285

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $4,003,465Expenses 2011: $3,851,292Net Income 2011: $152,1732011Revenue 2012: $2,793,921Expenses 2012: $2,936,009Net Income 2012: -$142,0882012Revenue 2013: $2,656,881Expenses 2013: $2,689,565Net Income 2013: -$32,6842013Revenue 2014: $3,111,069Expenses 2014: $3,227,350Net Income 2014: -$116,2812014Revenue 2015: $3,102,315Expenses 2015: $3,299,664Net Income 2015: -$197,3492015Revenue 2016: $3,521,540Expenses 2016: $2,979,953Net Income 2016: $541,5872016Revenue 2017: $2,054,969Expenses 2017: $2,738,039Net Income 2017: -$683,0702017Revenue 2018: $2,695,598Expenses 2018: $2,905,282Net Income 2018: -$209,6842018Revenue 2019: $2,174,313Expenses 2019: $2,186,707Net Income 2019: -$12,3942019Revenue 2020: $1,794,227Expenses 2020: $2,060,325Net Income 2020: -$266,0982020Revenue 2021: $2,286,158Expenses 2021: $2,025,669Net Income 2021: $260,4892021Revenue 2022: $2,068,909Expenses 2022: $2,142,078Net Income 2022: -$73,1692022Revenue 2023: $2,715,620Expenses 2023: $2,848,971Net Income 2023: -$133,3512023Revenue 2024: $3,332,660Expenses 2024: $3,223,951Net Income 2024: $108,7092024

Highlighted filing

2015

Revenue$3,102,315
Expenses$3,299,664
Net Income-$197,349
Jump To
Filing Snapshot
Filing Period
Sep 1, 2014 to Aug 31, 2015
Signed
Jan 29, 2016
Return Version
2014v6.0
Gross Receipts
$3,128,151
Mission and Program Overview

Mission

To reduce the number of people without coverage for health care services in the twin cities metropolitan area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$470,580$526,595▲ $56,015
Pledges and Grants Receivable$579,404$445,113▼ $134,291
Savings and Temporary Cash Investments$588,961$303,264▼ $285,697
Cash and Non-Interest-Bearing Accounts$90,454$293,507▲ $203,053
Land, Buildings, and Equipment, Net$74,622$112,734▲ $38,112
Intangible Assets$66,070--
Prepaid Expenses and Deferred Charges$29,115$19,942▼ $9,173
Total Assets$1,989,452$1,779,606▼ $209,846
Other Assets Total$90,246$78,451▼ $11,795
Liabilities
Accounts Payable and Accrued Expenses$273,509$266,380▼ $7,129
Deferred Revenue$226,063$232,490▲ $6,427
Other Liabilities$90,246$78,451▼ $11,795
Total Liabilities$589,818$577,321▼ $12,497
Net Assets / Fund Balance
Temporarily Rstr Net Assets$845,802$643,539▼ $202,263
Unrestricted Net Assets$553,832$558,746▲ $4,914
Total Net Assets Fund Balance$1,399,634$1,202,285▼ $197,349
Total Liabilities and Net Assets / Fund Balance$1,989,452$1,779,606▼ $209,846

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$95,597$97,640$193,237
Leasehold Improvements$17,137$635$17,772
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Deb HolmgrenPresidentFT$121,025$10,473$131,498
Robert HinschbergerFinance DireFT$80,316$18,946$99,262

Board Members and Trustees

NameTitle
Jim FoxBoard Chair
Beth WatermanBoard Member
Jerry MassmannBoard Member
Joanne SunquistBoard Member
Julie BrunnerBoard Member
Linda BerglinBoard Member
Lynn BlewettBoard Member
Pat SaariBoard Member
Penny WheelerBoard Member
Phil KibortBoard Member
Shireen GandhiBoard Member
Veena IyerBoard Member
Gregory HartSecretary
Doug ThorsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,694,395
Program Service Revenue
$1,423,516
Investment Income
$2,505
Other Revenue
$-18,101
All Other Contributions
$980,895
Change in Net Assets
$-197,349

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,102,315
Revenue Not Reported on Form 990
$37,170
Total Revenue per Audited Statements
$3,139,485
Total Revenue per Form 990
$3,102,315
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,758,342
Other Expenses$1,485,330
Total Fundraising Expense$220,371
Professional Fundraising Fees$55,992
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$968,620$107,323$82,154$1,158,097
Other Employee Benefits$284,552$34,807$11,343$330,702
Fees for Services Other$239,314$22,685$9,169$271,168
Current Officers, Directors, Trustees, and Key Employees$81,204$115,452$44,409$241,065
Occupancy$103,390$11,947$5,574$120,911
Depreciation Depletion$93,639$3,243$1,478$98,360
Office Expenses$54,610$9,791$3,287$67,688
Information Technology$58,769$1,595$249$60,613
Fees for Services Professional Fundraising--$55,992$55,992
Pension Plan Contributions$22,339$3,844$2,295$28,478
Travel$23,110$2,435$2,138$27,683
Fees for Services Lobbying$25,000--$25,000
Fees for Services Accounting$554$8,267$192$9,013
Insurance$4,951$3,085$103$8,139
Advertising$5,259$1,324$205$6,788
Other Expenses$2,421$264$138$2,823
Conferences and Meetings$1,373$393$933$2,699
Fees for Services Legal$663$25-$688
Total Functional Expenses$2,743,295$335,998$220,371$3,299,664

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,336,834
Expenses per Audited Statements$3,299,664
Total Expenses per Form 990$3,299,664
Expenses Not Reported on Form 990$37,170
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$55,992
Fundraising Direct Expenses$25,836
Fundraising Gross Income$6,767

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
20th Anniversar$36,327$6,767$19,973$-13,206
Total Events$36,327$6,767$25,836$-19,069
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held for Others$78,451
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A pdf of the 990 & audit is emailed to board members and finance committee members prior to meetings. At meetings auditors and managment are available to discuss and explain reports prior to voting for approval and filing the audit and 990 to appropriate agencies.

Form 990, Page 6, Part VI, Line 12C

First item of business for each board meeting is for members to declare any possible new relationship since last board meeting.

Form 990, Page 6, Part VI, Line 15A

Compensation for the agency's president was determined initially through a survey of comparable positions, including data provided through the minnesota nonprofit salary and benefits survey, which is updated every two years. The president's performance is reviewed annually by the board of directors, who determine pay level and incentive rate of pay in accordance with both performance indicators and comparable nonprofit compensation levels.

Form 990, Page 6, Part VI, Line 15B

Portico is supported by adp totalsource for hr services, adp totalsource provides reports on any job description that document the most current comparisons for wages to responsibilties and surveys of average anticipated industry annual increases. This data and performance evaluations are reviewed by the employee's supervisor to set the annual pay rate. The executive director has final approval of any staff salary and incentive rate of pay.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy, and financial statements are available to the public upon request. Portico's most recently filed 990 is available upon request and can also be found on the mn office of the attorney general and guidestar websites.

Filing and Contact Details

Filer

Filer Name
Portico Healthnet
EIN
41-1814659
Phone
6516035100
Address
1600 UNIVERSITY AVE WEST 211, ST PAUL, MN 55104

Signing Officer

Name
Deb Holmgren
Title
President
Phone
6516035100
Signed
2016-01-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deb Holmgren
Formed
2000
Legal Domicile
Mn
Voting Board Members
13
Independent Board Members
13
Employees
36

Preparer

Firm
Harrington Langer & Associates
Address
563 PHALEN BLVD, SAINT PAUL, MN 55130
Preparer
Greg Emmerich
Phone
6514811128
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Upon enrollment, all coverage program participants meet with an assigned care management coordinator. Care management coordinators help participants identify and prioritize their family's health concerns, emphasize the importance of preventive health care, and assist participants in smoothly accessing and navigating the health care system. The confidence acquired from care management and the awareness of the importance of regular, preventive care enables coverage participants to make healthy choices for themselves and their families. Because access to health care is often compounded by other needs, portico's care management coordinators connect participants to resources that address the array of other concerns they may face, such as transportation, childcare, crisis counseling or employment. Overall statistics from our coverage plan show: reductions in expensive care fewer community members are left without health coverage, which translates to fewer uninsured emergency room visits resulting in fewer uncompensated charges for the hospital. O 47% reductions in emergency room use. O 43% decreased inpatient hospitalization. Improved access o 23% improvement in being able to access needed medical tests. O 25% improvement in being able to access needed medical treatments. O 41% reductions in delaying necessary care. Improved use of preventive care o 61% increase in the share of people who report having been in for a physical in the past 12 months. Positive impact on the community o more people in the community have health care coverage, which enhances the overall health of the community and helps stabilize the workforce. O portico has provider relationships with over 23 primary and specialty care clinics in the four counties metro area. For fiscal year 2015 portico served 995 individuals for a total of 8,946 member months. Dental initiative portico's services include screening for dental care needs and referrals for free and low cost dental care; over the years portico has developed a referral network of more than 30 twin cities-area providers. In 2013 portico created a dental initiative aimed at deepening and broadening our referral relationships with affordable, accessible dental providers and enhancing our outreach and support to facilitate access to preventive and primary dental care. One key aspect of this initiative is our partnership with the university of minnesota dental school's pediatric dental clinic, made possible by delta dental of minnesota. Between september 2014 and august of 2015: o 73 dental appointments were completed through this program. Care included preventive care such as cleaning, x-rays and sealants, restorative care such as fillings, and surgical extractions in some cases. O with portico's assistance preparing patients for the appointment, assisting with pre-appointment paperwork, and calling to remind patients, children attended their scheduled appointment at a rate of 93%. O all of these children and their family members were also screened for potential eligibility for minnesota's health care programs and provided with resources as needed for other concerns such as transportation, heating assistance, and low cost medical care resources.

Form 990, Page 2, Part III, Line 4B

Either in person or over the phone, portico chw's/ certified navigators assess for possible eligibility for minnesota health care programs and other affordable coverage options. When individuals and families appear to be eligible for minnesota health care programs, portico guides them through the application, enrollment and renewal processes. Chw's not only assist with completing application forms, they also help applicants to obtain required documentation and verifications, provide translation and interpreter services, submit applications on behalf of applicants, and follow-up with appropriate mnsure, county and state offices as advocates for the applicants. When individuals and families are not eligible for coverage through the mnsure website, portico refers them to portico's own alternative coverage program, as well as to low-cost health care resources to address any immediate health needs. Portico's community health workers (chw's) develop referral relationships with community nonprofits, health care providers, individual schools and school districts, social service agencies, wic clinics, and other organizations that serve people in need. Our chw's attend community events, develop fax referral relationships, and conduct other community- based activities that enable us to directly connect with uninsured minnesotans. Portico receives referrals from over 422 community organizations each year and we currently place certified mnsure navigators at over 20 locations throughout the metro area. For fiscal year ending august 31, 2015, portico screened 17,540 individuals for eligibility in minnesota health care programs (mhcp); assisted 8,454 eligible individuals (from 5,206 households) to enroll into mhcp's and successfully enrolled 6,879 individuals into a mhcp. Based on billing for average medical utilization per mhcp enrollee per year, over 44 million for services was infused into the local metro area provider community toward payment for medical, mental health, and dental services.

Form 990, Part XI, Line 9

Event expenses 25,836 event expenses -25,836

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

EVENT EXPENSES 25,836

Schedule D, Page 4, Part XII, Line 2D

EVENT EXPENSES 25,836

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IRS990/Desc0COVERAGE/CARE MANAGEMENT: LOW-INCOME, UNINSURED INDIVIDUALS LIVING IN OUR SERVICE AREA (CURRENTLY DAKOTA, HENNEPIN, RAMSEY AND WASHINGTON COUNTIES) WHO DO NOT QUALIFY FOR MINNESOTA HEALTH CARE PROGRAMS MAY BE ELIGIBLE FOR PORTICO'S COVERAGE PROGRAM AND CARE MANAGEMENT SERVICES. THE PROGRAM PAYS FOR PRIMARY AND PREVENTIVE CARE SERVICES, URGENT AND SPECIALTY CLINIC CARE, PRESCRIPTION MEDICATIONS, AND INTERPRETER SERVICES FOR MEDICAL APPOINTMENTS; IT ALSO PROVIDES INDIVIDUALIZED CARE MANAGEMENT SERVICES TO ALL PARTICIPANTS. (SEE SCHEDULE O FOR ADDITIONAL INFORMATION) UPON ENROLLMENT, ALL COVERAGE PROGRAM PARTICIPANTS MEET WITH AN ASSIGNED CARE MANAGEMENT COORDINATOR. CARE MANAGEMENT COORDINATORS HELP PARTICIPANTS IDENTIFY AND PRIORITIZE THEIR FAMILY'S HEALTH CONCERNS, EMPHASIZE THE IMPORTANCE OF PREVENTIVE HEALTH CARE, AND ASSIST PARTICIPANTS IN SMOOTHLY ACCESSING AND NAVIGATING THE HEALTH CARE SYSTEM. THE CONFIDENCE ACQUIRED FROM CARE MANAGEMENT AND THE AWARENESS OF THE IMPORTANCE OF REGULAR, PREVENTIVE CARE ENABLES COVERAGE PARTICIPANTS TO MAKE HEALTHY CHOICES FOR THEMSELVES AND THEIR FAMILIES. BECAUSE ACCESS TO HEALTH CARE IS OFTEN COMPOUNDED BY OTHER NEEDS, PORTICO'S CARE MANAGEMENT COORDINATORS CONNECT PARTICIPANTS TO RESOURCES THAT ADDRESS THE ARRAY OF OTHER CONCERNS THEY MAY FACE, SUCH AS TRANSPORTATION, CHILDCARE, CRISIS COUNSELING OR EMPLOYMENT. OVERALL STATISTICS FROM OUR COVERAGE PLAN SHOW: REDUCTIONS IN EXPENSIVE CARE FEWER COMMUNITY MEMBERS ARE LEFT WITHOUT HEALTH COVERAGE, WHICH TRANSLATES TO FEWER UNINSURED EMERGENCY ROOM VISITS RESULTING IN FEWER UNCOMPENSATED CHARGES FOR THE HOSPITAL. O 47% REDUCTIONS IN EMERGENCY ROOM USE. O 43% DECREASED INPATIENT HOSPITALIZATION. IMPROVED ACCESS O 23% IMPROVEMENT IN BEING ABLE TO ACCESS NEEDED MEDICAL TESTS. O 25% IMPROVEMENT IN BEING ABLE TO ACCESS NEEDED MEDICAL TREATMENTS. O 41% REDUCTIONS IN DELAYING NECESSARY CARE. IMPROVED USE OF PREVENTIVE CARE O 61% INCREASE IN THE SHARE OF PEOPLE WHO REPORT HAVING BEEN IN FOR A PHYSICAL IN THE PAST 12 MONTHS. POSITIVE IMPACT ON THE COMMUNITY O MORE PEOPLE IN THE COMMUNITY HAVE HEALTH CARE COVERAGE, WHICH ENHANCES THE OVERALL HEALTH OF THE COMMUNITY AND HELPS STABILIZE THE WORKFORCE. O PORTICO HAS PROVIDER RELATIONSHIPS WITH OVER 23 PRIMARY AND SPECIALTY CARE CLINICS IN THE FOUR COUNTIES METRO AREA. FOR FISCAL YEAR 2015 PORTICO SERVED 995 INDIVIDUALS FOR A TOTAL OF 8,946 MEMBER MONTHS. DENTAL INITIATIVE PORTICO'S SERVICES INCLUDE SCREENING FOR DENTAL CARE NEEDS AND REFERRALS FOR FREE AND LOW COST DENTAL CARE; OVER THE YEARS PORTICO HAS DEVELOPED A REFERRAL NETWORK OF MORE THAN 30 TWIN CITIES-AREA PROVIDERS. IN 2013 PORTICO CREATED A DENTAL INITIATIVE AIMED AT DEEPENING AND BROADENING OUR REFERRAL RELATIONSHIPS WITH AFFORDABLE, ACCESSIBLE DENTAL PROVIDERS AND ENHANCING OUR OUTREACH AND SUPPORT TO FACILITATE ACCESS TO PREVENTIVE AND PRIMARY DENTAL CARE. ONE KEY ASPECT OF THIS INITIATIVE IS OUR PARTNERSHIP WITH THE UNIVERSITY OF MINNESOTA DENTAL SCHOOL'S PEDIATRIC DENTAL CLINIC, MADE POSSIBLE BY DELTA DENTAL OF MINNESOTA. BETWEEN SEPTEMBER 2014 AND AUGUST OF 2015: O 73 DENTAL APPOINTMENTS WERE COMPLETED THROUGH THIS PROGRAM. CARE INCLUDED PREVENTIVE CARE SUCH AS CLEANING, X-RAYS AND SEALANTS, RESTORATIVE CARE SUCH AS FILLINGS, AND SURGICAL EXTRACTIONS IN SOME CASES. O WITH PORTICO'S ASSISTANCE PREPARING PATIENTS FOR THE APPOINTMENT, ASSISTING WITH PRE-APPOINTMENT PAPERWORK, AND CALLING TO REMIND PATIENTS, CHILDREN ATTENDED THEIR SCHEDULED APPOINTMENT AT A RATE OF 93%. O ALL OF THESE CHILDREN AND THEIR FAMILY MEMBERS WERE ALSO SCREENED FOR POTENTIAL ELIGIBILITY FOR MINNESOTA'S HEALTH CARE PROGRAMS AND PROVIDED WITH RESOURCES AS NEEDED FOR OTHER CONCERNS SUCH AS TRANSPORTATION, HEATING ASSISTANCE, AND LOW COST MEDICAL CARE RESOURCES.
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IRS990/ProgSrvcAccomActy2Grp/Desc0OUTREACH AND ENROLLMENT ASSISTANCE/CERTIFIED NAVIGATOR PROGRAM: PORTICO'S HEALTH ACCESS LINE SERVES MINNESOTANS IN NEED OF LOW-COST HEALTH CARE BY PROVIDING MEDICAL, DENTAL, MENTAL HEALTH, AND PRESCRIPTION RESOURCE REFERRALS TO OTHER SOURCES IN THE COMMUNITY. CLIENTS ARE GIVEN REFERRALS WHEN NEEDED TO ADDRESS IMMEDIATE NEEDS. THOSE WHO NEED INSURANCE COVERAGE ARE TRANSFERRED TO A COMMUNITY HEALTH WORKER (CERTIFIED MNSURE NAVIGATOR) FOR ASSISTANCE ENROLLING INTO MEDICAID, MNCARE OR A QUALIFIED HEALTH PLAN VIA THE MNSURE WEBSITE. (SEE SCHEDULE O FOR ADDITIONAL INFORMATION) EITHER IN PERSON OR OVER THE PHONE, PORTICO CHW'S/ CERTIFIED NAVIGATORS ASSESS FOR POSSIBLE ELIGIBILITY FOR MINNESOTA HEALTH CARE PROGRAMS AND OTHER AFFORDABLE COVERAGE OPTIONS. WHEN INDIVIDUALS AND FAMILIES APPEAR TO BE ELIGIBLE FOR MINNESOTA HEALTH CARE PROGRAMS, PORTICO GUIDES THEM THROUGH THE APPLICATION, ENROLLMENT AND RENEWAL PROCESSES. CHW'S NOT ONLY ASSIST WITH COMPLETING APPLICATION FORMS, THEY ALSO HELP APPLICANTS TO OBTAIN REQUIRED DOCUMENTATION AND VERIFICATIONS, PROVIDE TRANSLATION AND INTERPRETER SERVICES, SUBMIT APPLICATIONS ON BEHALF OF APPLICANTS, AND FOLLOW-UP WITH APPROPRIATE MNSURE, COUNTY AND STATE OFFICES AS ADVOCATES FOR THE APPLICANTS. WHEN INDIVIDUALS AND FAMILIES ARE NOT ELIGIBLE FOR COVERAGE THROUGH THE MNSURE WEBSITE, PORTICO REFERS THEM TO PORTICO'S OWN ALTERNATIVE COVERAGE PROGRAM, AS WELL AS TO LOW-COST HEALTH CARE RESOURCES TO ADDRESS ANY IMMEDIATE HEALTH NEEDS. PORTICO'S COMMUNITY HEALTH WORKERS (CHW'S) DEVELOP REFERRAL RELATIONSHIPS WITH COMMUNITY NONPROFITS, HEALTH CARE PROVIDERS, INDIVIDUAL SCHOOLS AND SCHOOL DISTRICTS, SOCIAL SERVICE AGENCIES, WIC CLINICS, AND OTHER ORGANIZATIONS THAT SERVE PEOPLE IN NEED. OUR CHW'S ATTEND COMMUNITY EVENTS, DEVELOP FAX REFERRAL RELATIONSHIPS, AND CONDUCT OTHER COMMUNITY- BASED ACTIVITIES THAT ENABLE US TO DIRECTLY CONNECT WITH UNINSURED MINNESOTANS. PORTICO RECEIVES REFERRALS FROM OVER 422 COMMUNITY ORGANIZATIONS EACH YEAR AND WE CURRENTLY PLACE CERTIFIED MNSURE NAVIGATORS AT OVER 20 LOCATIONS THROUGHOUT THE METRO AREA. FOR FISCAL YEAR ENDING AUGUST 31, 2015, PORTICO SCREENED 17,540 INDIVIDUALS FOR ELIGIBILITY IN MINNESOTA HEALTH CARE PROGRAMS (MHCP); ASSISTED 8,454 ELIGIBLE INDIVIDUALS (FROM 5,206 HOUSEHOLDS) TO ENROLL INTO MHCP'S AND SUCCESSFULLY ENROLLED 6,879 INDIVIDUALS INTO A MHCP. BASED ON BILLING FOR AVERAGE MEDICAL UTILIZATION PER MHCP ENROLLEE PER YEAR, OVER 44 MILLION FOR SERVICES WAS INFUSED INTO THE LOCAL METRO AREA PROVIDER COMMUNITY TOWARD PAYMENT FOR MEDICAL, MENTAL HEALTH, AND DENTAL SERVICES.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.15$0.21$0.94$3.33$3.22$0.11
2023Detailed filing. Detailed filing data is available for this year.$0.98$0.15$0.83$2.72$2.85$0.13
2022Detailed filing. Detailed filing data is available for this year.$1.12$0.16$0.96$2.07$2.14$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.17$0.13$1.04$2.29$2.03$0.26
2020Detailed filing. Detailed filing data is available for this year.$1.04$0.42$0.61$1.79$2.06$0.27
2019Detailed filing. Detailed filing data is available for this year.$1.04$0.16$0.88$2.17$2.19$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.25$0.35$0.89$2.70$2.91$0.21
2017Detailed filing. Detailed filing data is available for this year.$1.56$0.50$1.06$2.05$2.74$0.68
2016Detailed filing. Detailed filing data is available for this year.$2.39$0.65$1.74$3.52$2.98$0.54
2015Detailed filing. Detailed filing data is available for this year.$1.78$0.58$1.20$3.10$3.30$0.20
2014Detailed filing. Detailed filing data is available for this year.$1.99$0.59$1.40$3.11$3.23$0.12
2013Summary only. Only limited summary data is available for this year.$2.05$0.53$1.52$2.66$2.69$0.03
2012Summary only. Only limited summary data is available for this year.$2.05$0.51$1.55$2.79$2.94$0.14
2011Summary only. Only limited summary data is available for this year.$2.36$0.67$1.69$4.00$3.85$0.15