Public Charity

Banner Health Insurance Group Inc

Banner Health Insurance Group Inc is a nonprofit organization categorized as Public Charity based in PHOENIX, AZ. Its most recent IRS filing (2024) reports revenue of $3.1M, expenses of $4.4M, total assets of $16.7M.

EIN: 843248878 PHOENIX, AZ Health (General & Financing) NTEE: E80 Latest filing: 2024
Total Revenue$3.1M
Total Expenses$4.4M
Total Assets$16.7M
Grant Records0
Filing Years2022–2024

Mission

OPERATED TO PROMOTE SOCIAL WELFARE, BANNER HEALTH INSURANCE GROUP (BHIG) WILL SEEK TO FURTHER BANNER HEALTH'S MISSION OF MAKING HEALTH CARE EASIER SO LIFE CAN BE BETTER BY PROVIDING INTEGRATED & COORDINATED CARE & POPULATION HEALTH MANAGEMENT AND WILL LEVERAGE BH'S VAST ARIZONA MANAGED CARE EXPERTISE TO IMPROVE ITS ELDERLY MEMBERS' ACCESS TO CARE AND QUALITY OF CARE.

Where $100 goes at Banner Health Insurance Group Inc

How Banner Health Insurance Group Inc divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.

$64 Programs the work itself
$36 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 $64 for programs

$64
Banner Health Insurance Group ("BHIG") operates exclusively to promote social welfare purposes within the meaning of Section 501(c)(4) of the Internal Revenue and is organized as a Medicare-only…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR/TREASURER Charles Lehn
DIRECTOR Donald Nordlund
DIRECTOR Donna Sickler
Director/President James Stringham
DIRECTOR Joseph Gregory Md
DIRECTOR/SECRETARY Marjorie Bessel Md

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $3.1M $4.4M $16.7M
2023 $6.9M $9.4M $13.6M
2022 $5.6M $11.8M $9.5M

Between 2022 and 2024, reported annual revenue declined from $5.6M to $3.1M (-44%), with total assets most recently reported at $16.7M.

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

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