Nonprofit · EIN 02-0499340
NEW HAMPSHIRE INDIVIDUAL HEALTH PLAN BENEFIT ASSOCIATION
Tax-exempt (reinstated) · CONCORD, NH 03301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $65,745,175 | $65,745,175 | $0 | $29,706,883 | $29,706,883 | $0 |
| December 31, 2024 | 990 | $68,233,747 | $68,242,955 | -$9,208 | $24,310,027 | $24,310,027 | $0 |
| December 31, 2023 | 990 | $63,129,062 | $63,140,745 | -$11,683 | $22,694,901 | $22,694,901 | $0 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $28,035,719
- of which government grants
- $28,035,719
- Program service revenue
- $37,042,642
- Investment income
- $666,814
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $42,326,115
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $29,123
- Accounting fees
- $48,330
- Program services (functional)
- $65,441,553
- Management and general (functional)
- $303,622
Balance sheet and other
- Total assets, start of year
- $24,310,027
- Total assets, end of year
- $29,706,883
- Total liabilities, end of year
- $29,706,883
- Net assets, end of year
- $0
- Publicly traded securities
- $3,434,679
- Gross receipts
- $65,745,175
- Employees
- 0
- Volunteers
- 12
- Year formed
- 1997
- State of legal domicile
- NH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Christopher Kennedy | Chair Trustee or director, Officer | 1 | $0 |
| Kathryn Skouteris | Vice-Chair Trustee or director, Officer | 1 | $0 |
| Martha McLeod | Secretary Trustee or director, Officer | 1 | $0 |
| Bruce King | Treasurer Trustee or director, Officer | 1 | $0 |
| Gregg Daly | Board Member Trustee or director | 1 | $0 |
| Brenda Golden Hallisey | Board Member Trustee or director | 1 | $0 |
| Jon Hendrickson | Board Member Trustee or director | 1 | $0 |
| Elaine Koskela | Board Member Trustee or director | 1 | $0 |
| Tu Nguyen | Board Member Trustee or director | 1 | $0 |
| David Trudo | Board Member Trustee or director | 1 | $0 |
| Michelle Heaton | Past Board Member Trustee or director | 1 | $0 |
| Bradley Long | Past Board Member Trustee or director | 1 | $0 |
| J Michael Degnan | Exective Director Officer | 15 | $0 |
| Andrew Luce | Chief Financial Officer Officer | 10 | $0 |
| Mark McCue | Assistant Secretary Officer | 1 | $0 |
990 for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Christopher Kennedy | Chair Trustee or director, Officer | 1 | $0 |
| Kathryn Skouteris | Vice-Chair Trustee or director, Officer | 1 | $0 |
| Martha McLeod | Secretary Trustee or director, Officer | 1 | $0 |
| Bruce King | Treasurer Trustee or director, Officer | 1 | $0 |
| Gregg Daly | Board Member Trustee or director | 1 | $0 |
| Michelle Heaton | Board Member Trustee or director | 1 | $0 |
| Elaine Koskela | Board Member Trustee or director | 1 | $0 |
| Bradley Long | Board Member Trustee or director | 1 | $0 |
| Tu Nguyen | Board Member Trustee or director | 1 | $0 |
| David Trudo | Board Member Trustee or director | 1 | $0 |
| Mark McCue | Assistant Secretary Officer | 1 | $0 |
| J Michael Degnan | Executive Director Officer | 15 | $0 |
| Andrew Luce | Chief Financial Officer Officer | 10 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Christopher Kennedy | Chair Trustee or director, Officer | 1 | $0 |
| Kathryn Skouteris | Vice-Chair Trustee or director, Officer | 1 | $0 |
| Martha McLeod | Secretary Trustee or director, Officer | 1 | $0 |
| Bruce King | Treasurer Trustee or director, Officer | 1 | $0 |
| Gregg Daly | Board Member Trustee or director | 1 | $0 |
| David Ellis | Board Member Trustee or director | 1 | $0 |
| Michelle Heaton | Board Member Trustee or director | 1 | $0 |
| Bradley Long | Board Member Trustee or director | 1 | $0 |
| Steve Phillips | Board Member Trustee or director | 1 | $0 |
| David Trudo | Board Member Trustee or director | 1 | $0 |
| Mark McCue | Assistant Secretary Officer | 1 | $0 |
| J Michael Degnan | Executive Director Officer | 15 | $0 |
| Andrew Luce | Chief Financial Officer Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 1 PILLSBURY ST STE 200, CONCORD, NH 03301-3556
- In care of
- % HELMS & COMPANY INC
- Principal officer (990 for 2025)
- Christopher Kennedy, 1 Pillsbury Street 200, Concord, NH 03301
- Signed the 990
- Christopher Kennedy, Chair
- Phone
- (603) 225-6633
- Website
- www.nhhp.org
- Return prepared by
- Berry Dunn McNeil & Parker LLC
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.
Program accomplishments
- 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 Care Program. The funds are then used by the State as required by statute to support the State's expansion of Medicaid services to a broader segment of the underserved population in New Hampshire.Expenses $22,878,450 · revenue $26,511,389
- 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 to equitably distribute the excess risk associated with the individual health insurance market and to support the affordability and accessibility of health insurance in New Hampshire's individual health insurance market. The reinsurance program reimburses health plan issuers who offer comprehensive, major medical plans in New Hampshire's individual market that are part of a single-risk pool based on a percentage of annual claims that issuers incur for coverage under such plans.Expenses $42,563,103 · grants $42,326,115 · revenue $10,531,253
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 02-0499340
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y20)
- Assets (IRS master file)
- $29,706,883
- Income (IRS master file)
- $65,745,175
Revocation and reinstatement
- Exemption revoked
- July 15, 2020
- Posted by the IRS
- February 8, 2021
- Reinstated
- Effective June 15, 2021
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $65,745,175 | $65,745,175 | $29,706,883 | XML |
| 990 | December 2024 | $68,233,747 | $68,242,955 | $24,310,027 | XML |
| 990 | December 2023 | $63,129,062 | $63,140,745 | $22,694,901 | XML |
| 990 | December 2022 | $66,352,457 | $66,330,962 | $24,479,679 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 02-0499340).
Questions about NEW HAMPSHIRE INDIVIDUAL HEALTH PLAN BENEFIT ASSOCIATION
- What is the EIN of NEW HAMPSHIRE INDIVIDUAL HEALTH PLAN BENEFIT ASSOCIATION?
- The employer identification number (EIN) of NEW HAMPSHIRE INDIVIDUAL HEALTH PLAN BENEFIT ASSOCIATION is 02-0499340.
- Is NEW HAMPSHIRE INDIVIDUAL HEALTH PLAN BENEFIT ASSOCIATION tax-exempt?
- Yes. The IRS revoked its exemption on July 15, 2020 and reinstated it effective June 15, 2021.
- Are donations to NEW HAMPSHIRE INDIVIDUAL HEALTH PLAN BENEFIT ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NEW HAMPSHIRE INDIVIDUAL HEALTH PLAN BENEFIT ASSOCIATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEW HAMPSHIRE INDIVIDUAL HEALTH PLAN BENEFIT ASSOCIATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW HAMPSHIRE INDIVIDUAL HEALTH PLAN BENEFIT ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NEW HAMPSHIRE INDIVIDUAL HEALTH PLAN BENEFIT ASSOCIATION?
- The 990 for the year ended December 31, 2025 names Christopher Kennedy.
- Who are the officers and directors of NEW HAMPSHIRE INDIVIDUAL HEALTH PLAN BENEFIT ASSOCIATION?
- The 990 for the year ended December 31, 2025 lists 15 people; 0 received compensation from the organization.
- How much revenue does NEW HAMPSHIRE INDIVIDUAL HEALTH PLAN BENEFIT ASSOCIATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $65,745,175, expenses of $65,745,175 and total assets of $29,706,883 at year end.
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