#324 of 500 · Health Plan / Insurer

Alohacare

EIN 99-0309519 · HI · NTEE n/a · Form 990, fiscal 2023

A nonprofit health plan based in Honolulu, Hawaii, founded in 1994 by Hawaii's community health centers and Queen Emma Clinics. It specializes in QUEST Integration (Medicaid) and Medicare coverage, serving members across the Hawaiian Islands. Mission-driven to serve underserved and vulnerable populations, it works with community health centers and other partners to improve access to quality care and the health of Hawaii's communities.

Financials, fiscal 2023

Revenue

$468.3M

Expenses

$472.6M

Total assets

$180.4M

Net assets

$73.9M

Operating margin

-0.9%

1-year growth

-9.0%

5-year growth (CAGR)

4.7%

Reserve (years of spending)

1.9

Contributions share

0.0%

Programme spending

99.0%

Fundraising cost

n/a

Executive pay share

0.97%

Employees

326

Revenue per employee

$1.4M

Grants paid

$1.8M

Years filing

28

NFP Health Score: 64 / 100

Financial 32 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To serve individuals and communities typically underserved by mainstream efforts, supporting individual wellness and promoting community access to quality care. (AlohaCare states it is mission-driven to care for people who are underserved.)

Revenue history