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 2025 filing: $65.7M revenue, $65.7M expenses, $29.7M total assets. IRS filings disclose 13 grants awarded by this foundation, totaling roughly $171.8M.

EIN: 020499340 Concord, NH Insurance Providers NTEE: Y20 Latest filing: 2025
Total Revenue$65.7M
Total Expenses$65.7M
Total Assets$29.7M
Grants Given13
Grant Total$171.8M
Filing Years2021–2025

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, all health maintenance organizations, health service corporations and third party administrators licensed in the State of New Hampshire, and all entities providing group excess loss insurance to an employer with a principal place of business in the State or which covers lives in the State.

Where $100 goes at New Hampshire Individual Health Plan Benefit Association

How New Hampshire Individual Health Plan Benefit Association divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$65
The Association collects assessments from its members on behalf of the State of New Hampshire to support its New Hampshire Reinsurance Program, which was established as a mechanism…
65% of program spending
$35
The Association collects assessments from its members on behalf of the State of New Hampshire to support its current Medicaid Expansion Program, known as the Granite Advantage Health…
35% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

Matthew Thornton Health Plan Inc
Manchester, NH · 2025
NH Reinsurance Program
$24,997,775
Centene Corporation
St Louis, MO · 2025
NH Reinsurance Program
$11,878,414
Canton, MA · 2025
NH Reinsurance Program
$4,226,911
Anthem Health Plans of New Hampshire Inc
Manchester, NH · 2025
NH Reinsurance Program
$1,223,014
Matthew Thornton Health Plan Inc
Manchester, NH · 2024
NH Reinsurance Program
$22,314,728

Showing up to 5 of 13 total records — full history available with membership.

Officers & Directors

Chief Financial Officer Andrew Luce
Past Board Member Bradley Long
Board Member Brenda Golden Hallisey
Treasurer Bruce King
Chair Christopher Kennedy
Board Member David Trudo

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$126,734,548 10 grants
Unspecified
$45,030,249 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $65.7M $65.7M $29.7M
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

Between 2021 and 2025, reported annual revenue grew from $20.1M to $65.7M (+227%), with total assets most recently reported at $29.7M.

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.

See the full picture for New Hampshire Individual Health Plan Benefit Association

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