Public Charity

New Hampshire Individual Health Plan Benefit Association

New Hampshire Individual Health Plan Benefit Association is a Public Charity headquartered in Concord, NH. Financial data from the 2024 filing: $68.2M revenue, $68.2M expenses, $24.3M total assets. IRS filings disclose 9 grants awarded by this foundation, totaling roughly $129.4M.

EIN: 020499340 Concord, NH Latest filing: 2024
Total Revenue$68.2M
Total Expenses$68.2M
Total Assets$24.3M
Grants Given9
Grant Total$129.4M
Filing Years2020–2024

Mission

See Schedule O The Association was created pursuant to the order of the New Hampshire Insurance Commissioner with the purpose of supporting the State's individual health plan programs. The primary purpose of the Association is to protect the residents of New Hampshire who participate in the individual health insurance market by providing a mechanism to equitably distribute the excess risk associated with this market. The Association's membership consists, by statute, of all insurers licensed to transact health insurance in the State of New Hampshire that offer policies for major medical coverage of an expense-incurred basis and all licensed hospitals, medical service corporations, or other organizers, if any, in the state that offer subscriber contacts for major medical coverage.

Sample Grants Given

Matthew Thornton Health Plan Inc
Manchester, NH · 2024
NH Reinsurance Program
$22,314,728
Centene Corporation
St Louis, MO · 2024
NH Reinsurance Program
$16,703,605
Canton, MA · 2024
NH Reinsurance Program
$5,600,080
Centene Corporation
St Louis, MO · 2023
NH Reinsurance Program
$16,737,277
Matthew Thornton Health Plan Inc
Machester, NH · 2023
NH Reinsurance Program
$13,132,670

Showing up to 5 of 9 total records — full history available with membership.

Officers & Directors

Chief Financial Officer Andrew Luce
Board Member Bradley Long
Treasurer Bruce King
Chair Christopher Kennedy
Board Member David Trudo
Board Member Elaine Koskela

Officer compensation and complete director data available with membership.

Top Grant Purposes

NH Reinsurance Program
$84,408,434 6 grants
Unspecified
$45,030,249 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $68.2M $68.2M $24.3M
2023 $63.1M $63.1M $22.7M
2022 $66.4M $66.3M $24.5M
2021 $20.1M $20.1M $26.6M
2020 $10.3M $10.3M $10.0M

Between 2020 and 2024, reported annual revenue grew from $10.3M to $68.2M (+564%), with total assets most recently reported at $24.3M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MA, MO, NH.

MAMONH

Full geographic grant map with state-by-state breakdown available with membership.

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