INDIANA COMPREHENSIVE HEALTH INSURANCE ASSOCIATION

EIN: 311044774

INDIANAPOLIS, IN

Total Revenue
N/A
Total Expenses
$11,384,830
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
IN
Principal Officer
DOUGLAS STRATTON
Phone
3178775376
Tax Period
2022-01-01 to 2022-12-31

Mission

TO PROVIDE HEALTHCARE INSURANCE FOR THE COMMERCIALLY UNINSURABLE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $11,205,208
Salaries & Benefits $65,000
Fundraising Expenses $0
Other Expenses $114,622
TOTAL EXPENSES $11,384,830

Year-over-Year Comparison

2022 2021 Change
Revenue N/A $76,507 -1.0%
Expenses $11,384,830 $1,623,966 +6.0%
Net Income N/A $-1,547,459 N/A
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$65,000
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENNIS CASEY CHAIRMAN 0.20
Officer Director
$0 $0 $0
ZACHARY JACKSON DIRECTOR 0.20
Director
$0 $0 $0
KATHLEEN SHOOK DIRECTOR 0.20
Director
$0 $0 $0
MICHELLE RICE DIRECTOR 0.20
Director
$0 $0 $0
AMY BEARD DIRECTOR 0.20
Director
$0 $0 $0
DOUGLAS STRATTON EXECUTIVE DIRECTOR 25.00
Officer
$65,000 $0 $65,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 No data $11,384,830 No data No data
2021 $76,507 $1,623,966 $11,409,754 $-1,547,459
2020 $6,785 $143,236 $12,955,046 $-136,451
2019 $20,162 $163,672 $13,119,056 $-143,510
2018 $122,562 $182,189 $13,234,648 $-59,627
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