Delta Dental Plan Of New Mexico Inc

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

EIN: 850224562 ✦ Albuquerque, NM ✦ Designated as a 501(c)(4)

Overview

What is Delta Dental Plan Of New Mexico Inc?

Delta Dental Plan of New Mexico Inc is a leading group dental benefits provider, headquartered in Albuquerque, New Mexico. With a mission to advance and promote the improvement of oral health, they offer innovative, cost-effective dental products for their customers. In 2022, they paid out over $55 million in claims, providing dental benefits for the public and contributing to the advancement of dentistry. They processed over 780,000 claims for over 402,000 members, and are committed to cost-saving strategies, including cost management policies, fee reduction agreements with dentists, and anti-fraud programs. With long-standing relationships in their served communities, they maintain large networks, allowing for broad access to care and cost-effective treatment for their group members. Delta Dental has been promoting oral health for five decades by designing and administering innovative, cost-effective dental benefit programs. Their expertise in plan design ensures that their customers' cost objectives are met while improving and maintaining oral health.


Official website here: www.deltadentalnm.com

Is Delta Dental Plan Of New Mexico Inc legitimate?

Delta Dental Plan Of New Mexico Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Delta Dental Plan Of New Mexico Inc 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: $912,811
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,270,313

For more financial information, click here


Official website here: www.deltadentalnm.com

What is the mission statement of Delta Dental Plan Of New Mexico Inc?

Delta Dental of New Mexico Inc is dedicated to advancing and promoting the improvement of oral health through various means. Their mission encompasses providing prepaid dental services, supporting research and education, and engaging in community outreach to ensure quality dental care for all. The organization is a leading group dental benefits provider, committed to delivering innovative, cost-effective dental benefit plans. In 2022, they paid out over $55 million in claims and processed over 780,000 claims for over 402,000 members. Expert in plan design, Delta Dental has created dental benefit programs that help improve and maintain oral health while meeting customer cost objectives. Their long-standing relationships with dental providers enable them to maintain large networks and offer broad access to cost-effective care, guaranteeing that participating dentists accept their payment for covered services. This protects customers from unexpected claim costs and reduces out-of-pocket expenses. Delta Dental's two networks of full-time participating dentists in one integrated claims system enable them to deliver broad access to dental care to their customers and group members.


Official website here: www.deltadentalnm.com

Who is the CEO of Delta Dental Plan Of New Mexico Inc?

Louis Volk Iii is the President & Ceo of Delta Dental Plan Of New Mexico Inc. The CEO's salary of Delta Dental Plan Of New Mexico Inc is $560,818 and their total compensation is $607,481.


Official website here: www.deltadentalnm.com

What is the revenue of Delta Dental Plan Of New Mexico Inc?

Delta Dental Plan Of New Mexico Inc's revenue in 2022 was $69,208,618.


Official website here: www.deltadentalnm.com

Who are the executives of Delta Dental Plan Of New Mexico Inc and what are their salaries?

The average compensation at Delta Dental Plan Of New Mexico Inc during 2022 was $75,789. There are 42 employees at Delta Dental Plan Of New Mexico Inc.

Here are 16 key members and their salaries (Delta Dental Plan Of New Mexico Inc's CEO's salary is $560,818 and their total compensation is $607,481):

    Amy Basel (Cfo & Treasurer)
  • Compensation: $0
  • Related: $1,462,790
  • Other: $485,855

    • Sue Ellen Jenkins (Chief Legal Officer & Secretary)
  • Compensation: $0
  • Related: $1,118,484
  • Other: $319,364

    • Louis Volk Iii (President & Ceo)
  • Compensation: $560,818
  • Related: $0
  • Other: $46,663

    • Nathalie Casado (Director, Corporate Administration)
  • Compensation: $214,227
  • Related: $0
  • Other: $40,081

    • Dianne Ledesma (Director Of Operations)
  • Compensation: $166,334
  • Related: $0
  • Other: $30,054

    • Jolou Trujillo-Ottino (Vp Sales And Marketing)
  • Compensation: $170,026
  • Related: $0
  • Other: $19,860

    • Douglas Dunton (Manager, Quality & Analytics)
  • Compensation: $128,840
  • Related: $0
  • Other: $10,799

    • James Trujillo (Chair) [Trustee/Director]
  • Compensation: $20,000
  • Related: $24,996
  • Other: $0

    • Christine N Nathe Rdh Ms (Vice Chair) [Trustee/Director]
  • Compensation: $17,000
  • Related: $0
  • Other: $0

    • David James Martinez Dds (Director)
  • Compensation: $17,000
  • Related: $0
  • Other: $0

    • Robert L Simmons (Director - Part Year)
  • Compensation: $17,000
  • Related: $0
  • Other: $0

    • Lawrence T Peterson (Director)
  • Compensation: $13,500
  • Related: $0
  • Other: $0

    • Andrew Dolan (Director)
  • Compensation: $13,500
  • Related: $0
  • Other: $0

    • Robin Dozier Otten (Director)
  • Compensation: $13,500
  • Related: $0
  • Other: $0

    • Fred Cisneros (Director)
  • Compensation: $13,500
  • Related: $0
  • Other: $0

    • Ralph Mcelmurry Dds (Director)
  • Compensation: $13,500
  • Related: $0
  • Other: $0


  • Official website here: www.deltadentalnm.com

    Where can I find the form 990 for Delta Dental Plan Of New Mexico Inc?

    The Delta Dental Plan Of New Mexico Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.deltadentalnm.com

    Learn more at the official website: www.deltadentalnm.com

    Mission Statement of Delta Dental Plan Of New Mexico Inc

    Delta Dental Plan of New Mexico, Inc. is a leading group dental benefits provider with a mission to advance and promote the improvement of oral health. The organization achieves this goal through innovative, cost-effective dental services, support for research and education, and community outreach. In 2022, Delta Dental of New Mexico paid out over $55 million in claims and provided dental benefits for the public, demonstrating their commitment to securing access to quality dental care for all.

    Their widespread network of over 402,000 members and 780,000 processed claims enabled them to save groups and members significant money through cost management policies, fee reduction agreements with dentists, and anti-fraud programs. Delta Dental's expertise in plan design has resulted in dental benefit programs that meet customer cost objectives while contributing to the maintenance and improvement of oral health.

    With two networks of full-time participating dentists in an integrated claims system, Delta Dental delivers broad access to care to their customers and group members. By providing added protection to their members through agreements with dentists, Delta Dental lowers claim costs and reduces out-of-pocket costs for subscribers. Their long-standing relationships with dental providers in the communities they serve enable them to maintain large networks, ensuring members have access to cost-effective dental care.

    Impact

    This information is meant to be a general summary of Delta Dental Plan Of New Mexico Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Delta Dental Plan of New Mexico Inc's impact is significant in promoting dental care and improving oral health in the community. Through their prepaid dental services, support for research and education, and community outreach efforts, they work towards securing access to quality dental care for all individuals. In 2022 alone, they paid out over $55 million in claims and provided dental benefits for the public, benefiting over 402,000 members. Their cost-saving strategies, such as cost management policies, fee reduction agreements with dentists, and anti-fraud programs, ensure cost-effective dental benefit delivery. By maintaining large networks of participating dentists and offering broad access to care, Delta Dental Plan of New Mexico Inc contributes to improving oral health and reducing out-of-pocket costs for subscribers. Their commitment to advancing oral health through innovative and cost-effective dental benefit programs demonstrates their positive impact on the community.





    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: $-866,777
  • Program Service Revenue: $70,066,015
  • Gross Receipts: $120,415,344

    • Assets and Liabilities:
  • Total Assets: $81,083,410
  • Total Liabilities: $10,140,953
  • Net Assets: $70,942,457
  • Programs

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

    DENTAL CARE REVENUE

    Revenue

    $70,063,905

    VISION CARE REVENUE

    Revenue

    $2,110

    Organization Details

    Founding Year

    1971

    Principal Officer

    Louis Volk Iii

    Main Address

    100 SUN AVE NE 400, ALBUQUERQUE, NM, 87109

    NTEE Category

    Code: E83 - Health

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