MDWISE MEDICAID NETWORK INC

EIN: 473192307 Health Care

INDIANAPOLIS, IN

Total Revenue
$1,907,710,603
Total Expenses
$1,916,334,910
Total Assets
$308,571,167
Net Assets
$-85,447,026
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
IN
Principal Officer
JESSICA CROMER
Phone
3178227100
Tax Period
2024-01-01 to 2024-12-31

MDWISE MEDICAID NETWORK INC, founded in 2015, is a large national nonprofit in the Health Care sector that reported $1.9B in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year.

Mission

MDWISE MEDICAID NETWORK IS A NOT-FOR-PROFIT HEALTH MAINTENANCE ORGANIZATION CONTRACTING WITH HEALTHCARE PROVIDERS TO PROVIDE SERVICES TO ITS MEMBERS FOR TWO STATE MEDICAID PROGRAMS: HOOSIER HEALTHWISE (HHW) AND HEALTHY INDIANA PLAN (HIP).

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,907,612,431
Investment Income $98,172
Other Revenue $0
TOTAL REVENUE $1,907,710,603

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,916,334,910
Other Expenses $1,916,334,910
TOTAL EXPENSES $1,916,334,910

Year-over-Year Comparison

2024 2023 Change
Revenue $1,907,710,603 $2,012,532,335 -0.1%
Expenses $1,916,334,910 $2,033,044,846 -0.1%
Net Income $-8,624,307 $-20,512,511 -0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
5
Independent Members
N/A
Employees
N/A
Volunteers
2

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
6
$5,908,519
Total Directors
6
$5,908,519
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSICA CROMER PRESIDENT & CEO 21.50
Officer Director
$0 $145,867 $779,058
DAVID E MAZURKIEWICZ TREASURER 0.50
Officer Director
$0 $50,376 $2,156,210
KATHLEEN KENDALL SECRETARY - PART YEAR 1.00
Officer Director
$0 $79,067 $1,574,812
BRIAN BROWN CHAIRMAN 0.50
Officer Director
$0 $119,268 $706,132
TRICIA BRUNTON SECRETARY 1.00
Officer Director
$0 $33,457 $289,013
CHERYL DIEHL ASSISTANT TREASURER & CFO 1.00
Officer Director
$0 $57,387 $403,294
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
2024 $1,907,710,603 $1,916,334,910 $308,571,167 $-8,624,307
2023 $2,012,532,335 $2,033,044,846 $271,631,867 $-20,512,511
2023 $2,012,532,335 $2,033,044,846 $271,631,867 $-20,512,511
2022 $1,958,415,953 $1,971,851,321 $356,440,572 $-13,435,368
2021 $1,636,579,109 $1,644,171,635 $350,160,986 $-7,592,526
2020 $1,393,180,417 $1,408,647,794 $175,595,255 $-15,467,377
2019 $1,283,082,524 $1,288,854,051 $197,903,847 $-5,771,527
2018 $868,567,724 $886,541,134 $205,449,397 $-17,973,410
Explore More Nonprofits
→Top 100 Nonprofits in Indiana →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MDWISE MEDICAID NETWORK INC with other nonprofits in Indiana and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.