Overview
What is Colorado Health Benefit Exchange?
Colorado Health Benefit Exchange, also known as Connect for Health Colorado, is a nonprofit organization based in Denver, Colorado. Their mission is to enhance access, affordability, and choice for individuals and small employers purchasing health insurance in Colorado. In fiscal year 2022, they achieved significant milestones, with nearly 200,000 Coloradans enrolling for a health insurance plan during the open enrollment period - the highest total since their establishment in 2013. They also extended financial help through the Inflation Reduction Act and implemented new programs like Colorado's Tax Time Enrollment and Colorado Connect, offering more plan choices and cost/benefit transparency to customers. Their workforce comprises 206 employees dedicated to increasing access to affordable healthcare options in Colorado.
Official website here: www.connectforhealthco.com
Is Colorado Health Benefit Exchange legitimate?
Colorado Health Benefit Exchange is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Health Benefit Exchange 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 tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $777,974
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,568,578
For more financial information, click here
Official website here: www.connectforhealthco.com
What is the mission statement of Colorado Health Benefit Exchange?
The Colorado Health Benefit Exchange, known as Connect for Health Colorado, strives to enhance access, affordability, and choice for individuals and small employers in their pursuit of health insurance. This mission reflects the unique requirements of the state and aims to discover tailored solutions. Connect for Health Colorado explores a multitude of options to meet the objectives of expanded access, cost reduction, and a broader range of choices for Colorado residents.
Official website here: www.connectforhealthco.com
Who is the CEO of Colorado Health Benefit Exchange?
Kevin Patterson is the Director of Colorado Health Benefit Exchange. The CEO's salary of Colorado Health Benefit Exchange is $303,156 and their total compensation is $338,720.
Official website here: www.connectforhealthco.com
What is the revenue of Colorado Health Benefit Exchange?
Colorado Health Benefit Exchange's revenue in 2022 was $46,009,200.
Official website here: www.connectforhealthco.com
Who are the executives of Colorado Health Benefit Exchange and what are their salaries?
The average compensation at Colorado Health Benefit Exchange during 2022 was $59,935. There are 206 employees at Colorado Health Benefit Exchange.
Here are 17 key members and their salaries (Colorado Health Benefit Exchange's CEO's salary is $303,156 and their total compensation is $338,720):
- Kevin Patterson (Chief Executive Officer)
- Brian Braun (Chief Financial Officer)
- Kelly Guthner (Chief Innovation Officer)
- Nyle Boyd (Chief Human Resources Dire)
- Monica Vanbuskirk (Chief Policy & Relationshi)
- Alan Schmitz (General Counsel/Compliance)
- Katherine Davies (Senior Director Of Product Development)
- Michael Stephan (Privacy & Security Officer)
- Christy Blakely (Director)
- Marc Reece (Board Vice Chair) [Trustee/Director]
- Patrick Gordon (Director)
- Annie Lee (Board Chair-Elect) [Trustee/Director]
- Lorez Meinhold (Board Chair) [Trustee/Director]
- Mike Stahl (Board Secretary) [Trustee/Director]
- Dick Thompson (Director)
- Mara Baer (Director)
- Allison Neswood (Director)
Official website here: www.connectforhealthco.com
Where can I find the form 990 for Colorado Health Benefit Exchange?
The Colorado Health Benefit Exchange’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.connectforhealthco.com
Learn more at the official website: www.connectforhealthco.com
Mission Statement of Colorado Health Benefit Exchange
The Colorado Health Benefit Exchange, with a mission to increase access, affordability, and choice for individuals and small employers purchasing health insurance in Colorado, is dedicated to reflecting the unique needs of the state and seeking out Colorado-specific solutions. This organization strives to explore the maximum number of options available to Colorado in achieving its goals of expanded access, reduced costs, and heightened choice within the health insurance market. By focusing on the specific requirements of the Colorado community, the Colorado Health Benefit Exchange aims to provide a flexible and comprehensive solution for health insurance procurement in the state.
Impact
This information is meant to be a general summary of Colorado Health Benefit Exchange. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Colorado Health Benefit Exchange's impact can be seen in its efforts to increase access, affordability, and choice for individuals purchasing health insurance in Colorado. In FY2022, the organization achieved significant milestones in enrollment, with nearly 200,000 Coloradans signing up for a health insurance plan by the close of the open enrollment period in January 2022. This marked a 10% increase from the previous year and was the highest end-of-open enrollment total since the organization opened for business in 2013. Additionally, through various special enrollment periods, the marketplace ended the year with a cumulative total of 232,631 enrolled individuals.
Key program achievements in FY2022 included initiatives such as Colorado's tax time enrollment program, the extension of financial help through the Inflation Reduction Act to keep insurance costs controlled, and the implementation of State Senate Bill 22-081, which funded an outreach and education campaign to raise awareness about affordable health coverage options in Colorado. The organization also introduced Colorado Connect, a new platform, and Colorado Option plans that provide more plan choices and enhance cost/benefit transparency for customers.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CARRIER FEE REVENUE
Revenue
$34,007,850
Organization Details
Founding Year
2011
Phone
(720) 496-2530
Principal Officer
Kevin Patterson
Main Address
4600 SOUTH ULSTER STREET 300, DENVER, CO, 80237
Website
www.connectforhealthco.com
NTEE Category
Code: E80 - Health
If you are a representative of Colorado Health Benefit Exchange 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.