2024-05-13T15:35:49-05:00 2023-06-30 381357951 PLANTE & MORAN PLLC 8181 E TUFTS AVE SUITE 600 DENVER CO 80237 990 2022-07-01 453733823 COLORADO HEALTH BENEFIT EXCHANGE COLO 7204962530 4600 SOUTH ULSTER STREET 300 DENVER CO 80237 KEVIN PATTERSON CEO 7204962530 2024-05-13 1 KEVIN PATTERSON 999009999 1 RYAN C HARRIS P00614618 3037409400 2024-05-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CONNECT FOR HEALTH COLORADO KEVIN PATTERSON 4600 SOUTH ULSTER STREET NO 300 DENVER CO 80237 52392912 0 X WWW.CONNECTFORHEALTHCO.COM X UNINCORPORATED ASSOCIATION 2011 CO TO INCREASE ACCESS, AFFORDABILITY, AND CHOICE FOR INDIVIDUALS PURCHASING INSURANCE. 7 7 209 12 0 0 11985361 6889743 34007850 45067036 2987 435833 13002 300 46009200 52392912 0 0 0 0 17279098 20355800 0 0 9022 27370854 29708290 44649952 50064090 1359248 2328822 43264341 48762811 6650974 10026311 36613367 38736500 X THE MISSION OF CONNECT FOR HEALTH COLORADO IS TO INCREASE ACCESS, AFFORDABILITY, AND CHOICE FOR INDIVIDUALS AND SMALL EMPLOYERS PURCHASING HEALTH INSURANCE IN COLORADO. (SEE SCHEDULE O.) CONNECT FOR HEALTH COLORADO IS INTENDED TO REFLECT THE NEEDS OF OUR STATE, SEEK COLORADO-SPECIFIC SOLUTIONS, AND EXPLORE THE MAXIMUM NUMBER OF OPTIONS AVAILABLE TO THE STATE OF COLORADO IN MEETING THE GOALS OF ACCESS, AFFORDABILITY, AND CHOICE. 0 0 44285823 45964497 FY2023 WAS A YEAR MARKED BY CONTINUED GROWTH IN ENROLLMENTS. AT THE CLOSE OF THE OPEN ENROLLMENT PERIOD IN JANUARY 2023, NEARLY 212,000 COLORADANS HAD SIGNED UP FOR A HEALTH INSURANCE PLAN; 7 PERCENT ABOVE THE PREVIOUS YEAR'S END OF OPEN ENROLLMENT TOTAL AND THE HIGHEST END OF OPEN ENROLLMENT TOTAL SINCE CONNECT FOR HEALTH COLORADO OPENED FOR BUSINESS IN 2013. THE MARKETPLACE ENDED THE YEAR WITH OVER 255,000 PEOPLE ENROLLED. (CONTINUED ON SCHEDULE O.)SIGNIFICANT PROGRAM ACHIEVEMENTS IN FY2023 INCLUDED:*SUCCESSFUL IMPLEMENTATION OF NEW SHOPPING AND ENROLLMENT PLATFORM MAKING ENROLLING IN SUBSIDIZED HEALTH PLANS EASIER.*EXPANDED OUTREACH FUNDING SUPPORTED BY SENATE BILL 22-081 RESULTING IN MORE INFORMATION SHARED ABOUT COLORADO'S AFFORDABLE HEALTH COVERAGE OPTIONS WITH COLORADO RESIDENTS AND INCREASE ASSISTANCE IN ENROLLING IN SUBSIDIZED COVERAGE*FIRST YEAR OF OPERATIONS FOR THE COLORADO CONNECT PUBLIC BENEFIT CORPORATION SUPPORTING THE STATE BASED HEALTH INSURANCE AFFORDABILITY ENTERPRISE*FIRST YEAR OF OFFERING COLORADO OPTION PLANS THROUGH THE MARKEPLACE, WHICH PROVIDE MORE PLAN CHOICE AND COST/BENEFIT TRANSPARENCY TO CUSTOMERS. 44285823 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 22 0 1 209 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X BRIAN BRAUN CFO 7204962530 4600 SOUTH ULSTER STREET NO 300 DENVER CO 80237 CHRISTY BLAKELY DIRECTOR 3.00 X 0 0 0 PATRICK GORDON DIRECTOR 3.00 X 0 0 0 ANNIE LEE BOARD CHAIR-ELECT 3.00 X 0 0 0 LOREZ MEINHOLD BOARD CHAIR 5.00 X X 0 0 0 DICK THOMPSON BOARD SECRETARY 3.00 X 0 0 0 MARA BAER DIRECTOR 3.00 X 0 0 0 ALLISON NESWOOD DIRECTOR 3.00 X 0 0 0 KEVIN PATTERSON CHIEF EXECUTIVE OFFICER 41.10 X 317489 0 36217 BRIAN BRAUN CHIEF FINANCIAL OFFICER 45.40 X 231463 0 40471 KELLY GUTHNER CHIEF INNOVATION OFFICER 44.60 X 222756 0 40592 ALAN SCHMITZ GENERAL COUNSEL/COMPLIANCE 42.20 X 192056 0 36897 KATHERINE DAVIES SENIOR DIRECTOR OF PRODUCT 42.50 X 177004 0 33908 WILLIAM SCHWARTZ DIRECTOR OF SOFTWARE DEVELOPMENT 41.30 X 177164 0 19817 MONICA VANBUSKIRK CHIEF POLICY & RELATIONSHI 41.40 X 265820 0 22661 MICHAEL STEPHAN PRIVACY & SECURITY OFFICER 42.50 X 179467 0 28048 1763219 0 258611 52 0 1 0 CGI 12907 COLLECTIONS CENTER DR CHICAGO IL 60693 TECHNOLOGY DEVELOPMENT 8920994 TTEC GOVERNMENT SOLUTIONS 6312 S FIDDLERS GREEN CIRCLE SUITE GREENWOOD VILLAGE CO 80111 TECHNOLOGY DEVELOPMENT 2641201 HIRE CONNECTIONS 7853 E ARAPAHOE CT 1000 CENTENNIAL CO 80112 CUSTOMER SERVICE 1694794 HCENTIVE PO BOX 402842 ATLANTA GA 30384 TECHNOLOGY DEVELOPMENT 706022 QUANTA INTELLIGENCE 3800 BUCHTEL BOULEVARD 100037 DENVER CO 80250 TECH AND BUSINESS INTELLIGENCE 628174 15 6889743 6889743 CARRIER FEE REVENUE 900099 37200357 37200357 PROGRAM REVENUE 900099 6763840 6763840 MANAGEMENT FEES 900099 1102839 1102839 45067036 395216 395216 40617 0 40617 40617 40617 OTHER INCOME 900099 300 300 300 52392912 43964497 0 1538672 863001 498863 357650 6488 13775271 11315997 2459274 1391177 1122848 267712 617 3028717 2444542 582833 1342 1297634 1047348 249711 575 3550 3550 467863 82341 385522 662244 86667 575577 165380 79824 85556 820350 618448 201902 63848 33601 30247 16557 6381 10176 4731879 4609596 122283 113159 113159 TECHNOLOGY DEVELOPMENT 10442403 10440006 2397 CUSTOMER SERVICE DEVELO 6236057 6236057 MARKETING AND OUTREACH 5464148 5463948 200 MISCELLANEOUS EXPENSES 480860 174927 305933 39992 24429 15563 50064090 44285823 5769245 9022 1614467 1034989 5260255 2108774 9118276 9563634 1670305 999528 95077022 76526090 18554367 18550932 6993977 11778364 -32958 -200420 1596259 85652 3330751 43264341 48762811 5688652 6049154 962322 3977157 6650974 10026311 X 19021322 20495191 17592045 18241309 36613367 38736500 43264341 48762811 X 2328822 -205689 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2013306 1818206 195100 1178703 1102015 76688 91885013 73605869 18279144 18550932 SECURITY DEPOSITS 43787 INTERCOMPANY RECEIVABLE 1215689 LEASE RIGHT-OF-USE ASSETS 2071275 3330751 RIGHT-OF-USE LIABLITIY 2164736 SBITA LIABILITY 1812421 3977157 52299636 0 52299636 93276 93276 52392912 49803349 0 49803349 260741 260741 50064090 PART XI, LINE 4B - OTHER ADJUSTMENTS: INTEREST EXPENSE NETTED AGAINST REVENUE 93,276. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST EXPENSE NETTED AGAINST REVENUE 93,276. RELATED PARTY EXPENSES 167,465. X X 0 0 0 0 0 0 0 1 0 KEVIN PATTERSON CHIEF EXECUTIVE OFFICER 279006 0 38483 0 0 0 19517 0 16700 0 353706 0 0 0 MONICA VANBUSKIRK CHIEF POLICY & RELATIONSHI 265820 0 0 0 0 0 10478 0 12183 0 288481 0 0 0 BRIAN BRAUN CHIEF FINANCIAL OFFICER 227163 0 4300 0 0 0 23771 0 16700 0 271934 0 0 0 KELLY GUTHNER CHIEF INNOVATION OFFICER 218456 0 4300 0 0 0 23892 0 16700 0 263348 0 0 0 ALAN SCHMITZ GENERAL COUNSEL/COMPLIANCE 187756 0 4300 0 0 0 20606 0 16291 0 228953 0 0 0 KATHERINE DAVIES SENIOR DIRECTOR OF PRODUCT 172704 0 4300 0 0 0 17473 0 16435 0 210912 0 0 0 MICHAEL STEPHAN PRIVACY & SECURITY OFFICER 179467 0 0 0 0 0 17691 0 10357 0 207515 0 0 0 WILLIAM SCHWARTZ DIRECTOR OF SOFTWARE DEVELOPMENT 177164 0 0 0 0 0 17684 0 2133 0 196981 0 0 0 PART I, LINE 7 THE BONUS THAT WAS PAID TO THE CEO WAS DETERMINED BY THE BOARD OF DIRECTORS. THE CEO DETERMINED THE AMOUNT OF BONUS THAT WAS PAID TO THE OTHER EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 8B COMMITTEES DO NOT HAVE ANY DELEGATED AUTHORITY BY THE BOARD AND CAN ONLY DISCUSS AND MAKE RECOMMENDATIONS TO THE FULL BOARD FOR ADDITIONAL ACTION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY ALL MEMBERS OF THE FINANCE COMMITTEE AND MADE AVAILABLE TO THE ENTIRE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND EMPLOYEES COMPLETE CONFLICT OF INTEREST DECLARATIONS, WHICH ARE UPDATED ANNUALLY, IN JULY. THE COMPLETED CONFLICT OF INTEREST DECLARATIONS ARE THEN REVIEWED BY HUMAN RESOURCES AND THE CFO TO DETERMINE IF THERE ARE ANY RISKS ASSOCIATED WITH ANY OF THE DISCLOSURES. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR THE CEO AND KEY EMPLOYEES INCLUDED THE USE OF THIRD PARTY MARKET DATA FOR THE DENVER AREA FOR COMPARABLE ORGANIZATIONS, INCLUDING OTHER NON-PROFIT ORGANIZATIONS AND TECHNOLOGY ORGANIZATIONS, AS WELL AS EVALUATION OF SALARIES AT COMPARABLE ORGANIZATIONS (I.E. OTHER STATE-BASED EXCHANGES, HEALTH IT ORGANIZATIONS). IN ADDITION, THE BOARD OF DIRECTORS CONTRACTED WITH AN EXECUTIVE COMPENSATION CONSULTANT IN 2023 TO PROVIDE INPUT AND ASSIST IN SETTING THE APPROPRIATE CEO/EXECUTIVE COMPENSATION LEVEL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, BOARD POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC VIA THE CONNECT FOR HEALTH COLORADO WEBSITE. FORM 990, PART XI, LINE 9: NET ASSET ADJUSTMENT FROM GASB 96 RESTATEMENT -205,689. CONNECT FOR HEALTH COLORADO COMPANY PBC 4600 S ULSTER STREET SUITE 300 DENVER CO 80237 854063842 MANAGEMENT SERVICES CO CONNECT FOR HEALTH COLORADO COMPANY PBC C -167462 1015269 1.00000 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 CONNECT FOR HEALTH COLORADO COMPANY PBC A 13555 FMV CONNECT FOR HEALTH COLORADO COMPANY PBC Q 1102839 FMV CONNECT FOR HEALTH COLORADO COMPANY PBC L 1102839 FMV