Mission
THE ORGANIZATION OFFERS TRUE NON-PROFIT MEMBER GOVERNED HEALTH INSURANCE THAT PROMOTES MEMBER ENGAGEMENT AND PROVIDES ACCESS TO HIGH QUALITY HEALTH CARE.
Public Charity
MONTANA HEALTH COOPERATIVE
MONTANA HEALTH COOPERATIVE is a Public Charity headquartered in HELENA, MT. Financial data from the 2025 filing: $453.4M revenue, $501.3M expenses, $115.6M total assets.
EIN: 451295465
HELENA, MT
Insurance Providers
NTEE: Y20
Latest filing: 2025
Total Revenue$453.4M
Total Expenses$501.3M
Total Assets$115.6M
Grant Records0
Filing Years2021–2025
Where $100 goes at Montana Health Cooperative
How Montana Health Cooperative divides every $100 it spends, from its own Form 990 filings, averaged across 9 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
$100
The organizations largest program service accomplishment is the sale of insurance while supporting their members and adhering to federal and state guidelines as required under the organization structure
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.
Officers & Directors
DIRECTOR
Alex Muromsew
DIRECTOR
Annalese Warner
CEO
Blair Fjeseth
DIRECTOR
Caitlin Borgmann
DIRECTOR
Christina Goe
VP OF IT and BI
Darrel Stone
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $453.4M | $501.3M | $115.6M |
| 2024 | $486.1M | $493.9M | $197.0M |
| 2023 | $482.6M | $482.1M | $182.9M |
| 2022 | $285.8M | $286.1M | $154.0M |
| 2021 | $256.1M | $258.8M | $161.5M |
Between 2021 and 2025, reported annual revenue grew from $256.1M to $453.4M (+77%), with total assets most recently reported at $115.6M.
Interactive year-over-year charts and full filing details available with membership.