Montana Health Cooperative

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 451295465 ✦ Helena, MT ✦ Designated as a 501(c)(29)

Overview

What is Montana Health Cooperative?

Montana Health Cooperative is a nonprofit organization based in Helena, Montana. Their primary program involves offering member-governed health insurance, promoting member engagement, and providing access to high-quality healthcare. They sell various insurance policies, including Medicare supplement plans, while adhering to federal and state guidelines. With a workforce of 48 employees, the cooperative prioritizes its mission to ensure the well-being of its members.


Official website here: www.mhc.coop

Is Montana Health Cooperative legitimate?

Montana Health Cooperative is a legitimate nonprofit organization registered as a 501(c)(29) entity. Montana Health Cooperative submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,781,126
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,463,625

For more financial information, click here


Official website here: www.mhc.coop

What is the mission statement of Montana Health Cooperative?

The Montana Health Cooperative is committed to providing true non-profit, member-governed health insurance. Their mission prioritizes member engagement and grants access to high-quality healthcare. The organization's most significant accomplishment lies in the sale of insurance, all while supporting their members and adhering to federal and state guidelines. This dedication to both insurance sales and member care sets Montana Health Cooperative apart.


Official website here: www.mhc.coop

Who is the CEO of Montana Health Cooperative?

David Slonaker is the Chair of Montana Health Cooperative. The CEO's salary of Montana Health Cooperative is $390,227 and their total compensation is $429,130.


Official website here: www.mhc.coop

What is the revenue of Montana Health Cooperative?

Montana Health Cooperative's revenue in 2022 was $285,775,835.


Official website here: www.mhc.coop

Who are the executives of Montana Health Cooperative and what are their salaries?

The average compensation at Montana Health Cooperative during 2022 was $88,432. There are 48 employees at Montana Health Cooperative.

Here are 27 key members and their salaries (Montana Health Cooperative's CEO's salary is $390,227 and their total compensation is $429,130):

    Richard Miltenberger (Ceo)
  • Compensation: $390,227
  • Related: $0
  • Other: $38,903

    • Ronda Mcmillan (Ceao)
  • Compensation: $265,893
  • Related: $0
  • Other: $16,516

    • David Slonaker (Cfo)
  • Compensation: $211,955
  • Related: $0
  • Other: $28,713

    • Jeffrey Swingley (Vp Sales)
  • Compensation: $227,873
  • Related: $0
  • Other: $9,026

    • Blair Fjeseth (Cos)
  • Compensation: $204,631
  • Related: $0
  • Other: $19,644

    • Greg Sonnenberg (Vp-Id Ops)
  • Compensation: $185,667
  • Related: $0
  • Other: $21,518

    • Melissa Mcvaugh (Director Clinical Program)
  • Compensation: $178,786
  • Related: $0
  • Other: $25,064

    • Peggy Worley (Controller)
  • Compensation: $150,554
  • Related: $0
  • Other: $23,844

    • Hillary Galyean (Vpcs)
  • Compensation: $137,949
  • Related: $0
  • Other: $20,389

    • Morris Mcgaugh (Director Provider Network)
  • Compensation: $123,606
  • Related: $0
  • Other: $16,707

    • Leah Martin (Assistant Vice President)
  • Compensation: $109,145
  • Related: $0
  • Other: $30,177

    • Raymond Rogers (Chair) [Trustee/Director]
  • Compensation: $18,400
  • Related: $0
  • Other: $0

    • Joan Miles (Immediate Past Chair) [Trustee/Director]
  • Compensation: $12,500
  • Related: $0
  • Other: $0

    • Rebecca Lafond (Director)
  • Compensation: $12,500
  • Related: $0
  • Other: $0

    • Thomas Gooch (Director)
  • Compensation: $12,050
  • Related: $0
  • Other: $0

    • Tom Bassler (Director)
  • Compensation: $11,000
  • Related: $0
  • Other: $0

    • Nolan Hill (Director)
  • Compensation: $10,000
  • Related: $0
  • Other: $0

    • Jeremy Johnson (Director)
  • Compensation: $9,750
  • Related: $0
  • Other: $0

    • Michael Mcmurray (Treasurer) [Trustee/Director]
  • Compensation: $9,650
  • Related: $0
  • Other: $0

    • Lisa Ballard (Secretary) [Trustee/Director]
  • Compensation: $9,650
  • Related: $0
  • Other: $0

    • Patty Hamblock (Director)
  • Compensation: $9,560
  • Related: $0
  • Other: $0

    • T Chris Muirhead (Director)
  • Compensation: $9,400
  • Related: $0
  • Other: $0

    • Maureen O'Keeffe-Wing (Vice Chair) [Trustee/Director]
  • Compensation: $8,900
  • Related: $0
  • Other: $0

    • Liesel Brink (Director)
  • Compensation: $8,400
  • Related: $0
  • Other: $0

    • Christina Goe (Director)
  • Compensation: $8,400
  • Related: $0
  • Other: $0

    • Mark Reinsel (Director)
  • Compensation: $8,400
  • Related: $0
  • Other: $0

    • Tara Beam (Director)
  • Compensation: $2,000
  • Related: $0
  • Other: $0


  • Official website here: www.mhc.coop

    Where can I find the form 990 for Montana Health Cooperative?

    The Montana Health Cooperative’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mhc.coop

    Learn more at the official website: www.mhc.coop

    Mission Statement of Montana Health Cooperative

    Montana Health Cooperative, a member-governed health insurance organization, is dedicated to providing true non-profit coverage that fosters engagement from its members and grants access to superior healthcare services. Through its mission, the cooperative prioritizes the needs of its members, ensuring they have a voice in their healthcare and access to top-quality medical care.

    The cooperative's largest achievement lies in the successful sale of insurance policies while maintaining the well-being of its members and strictly adhering to federal and state guidelines. These guidelines are essential components of the cooperative's structure. Among their offerings is the sale of Medicare Supplement policies, which further strengthens their commitment to offering comprehensive health coverage for their members. By focusing on member engagement and quality healthcare, Montana Health Cooperative sets itself apart as a trusted health insurance provider.

    Impact

    This information is meant to be a general summary of Montana Health Cooperative. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Montana Health Cooperative has a significant impact on promoting member engagement and providing access to high-quality health care through its true non-profit member governed health insurance offerings. By adhering to federal and state guidelines, particularly in the sale of insurance like Medicare supplement policies, the organization ensures that its members receive the necessary support and coverage. Operating out of Helena, Montana, Montana Health Cooperative's mission is to provide mutual benefit to its members by delivering essential health insurance services.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-3,348,170
  • Program Service Revenue: $289,112,381
  • Gross Receipts: $338,957,608

    • Assets and Liabilities:
  • Total Assets: $154,017,085
  • Total Liabilities: $70,649,356
  • Net Assets: $83,367,729
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    INSURANCE PREMIUM INCOME

    Revenue

    $271,733,454

    REINSURANCE RECOVERIES

    Revenue

    $17,378,927

    Organization Details

    Founding Year

    2010

    Principal Officer

    David Slonaker

    Main Address

    PO BOX 5358, HELENA, MT, 59604

    NTEE Category

    Code: E83 - Health

    If you are a representative of Montana Health Cooperative and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.