New Hampshire Individual Health Plan Benefit Association
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.
New Hampshire Individual Health Plan Benefit Association at a glance
In short: New Hampshire Individual Health Plan Benefit Association gave $42.3M across 4 grants in 2025 (avg $10.6M), mostly in New Hampshire. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $42,326,114
- -5.1% vs 2024
- Grants made (2025)
- 4
- +33.3% vs 2024
- Average grant
- $10,581,529
- -28.9% vs 2024
- Median grant
- $8,052,663
- Total assets
- $29,706,883
- +22.2% vs 2024
- Primary geography
- New Hampshire (62% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who New Hampshire Individual Health Plan Benefit Association funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Matthew Thornton Health Plan Inc ($25.0M). Together the top 4 received $42.3M.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was $5M or more: 11 grants of 13 (85%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How New Hampshire Individual Health Plan Benefit Association gives
- Giving held roughly steady from 2022 to 2025 (−6%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $39.8M (2023) to $45.0M (2022). In 2025 it made 4 grants totaling $42.3M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Matthew Thornton Health Plan Inc Manchester, NH | NH Reinsurance Program | $24,997,775 |
| Centene Corporation St. Louis, MO | NH Reinsurance Program | $11,878,414 |
| Harvard Pilgrim Health Care of NE Canton, MA | NH Reinsurance Program | $4,226,911 |
| Anthem Health Plans of New Hampshire Inc Manchester, NH | NH Reinsurance Program | $1,223,014 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $29,706,883 | $65,745,175 | $65,745,175 | $42,326,114 | 4 | $666,814 |
| 2024 | $24,310,027 | $68,233,747 | $68,242,955 | $44,618,413 | 3 | $833,410 |
| 2023 | $22,694,901 | $63,129,062 | $63,140,745 | $39,790,021 | 3 | $759,699 |
| 2022 | $24,479,679 | $66,352,457 | $66,330,962 | $45,030,249 | 3 | $150,660 |
| 2021 | $26,631,931 | $20,083,017 | $20,083,017 | — | — | $36,151 |
| 2020 | $9,962,660 | $10,282,373 | $10,282,373 | — | — | $10,982 |
About New Hampshire Individual Health Plan Benefit Association
Based on IRS filings
New Hampshire Individual Health Plan Benefit Association is a public charity focused on mutual and membership benefit, based in Concord, NH. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $29.7M in total assets. In 2025, it awarded 4 grants totaling $42.3M. Net investment income was $667K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
New Hampshire Individual Health Plan Benefit Association is led by Christopher Kennedy, Chair since 2022 (on filings since 2020); none of the 15 officers listed in 2025 report compensation.
Officers on the 2025 filing
Christopher Kennedy
Chair
Director → Chair, 2022
On filings since 2020
1 hr/week
No compensation reported
J Michael Degnan
Exective Director
Executive Director → Exective Director, 2025
On filings since 2023
15 hrs/week
No compensation reported
Bruce King
Treasurer
On filings since 2020
1 hr/week
No compensation reported
David Trudo
Board Member
Director → Board Member, 2023
On filings since 2020
1 hr/week
No compensation reported
Mark McCue
Assistant Secretary
Assistant Se → Assistant Secretary, 2023
On filings since 2020
1 hr/week
No compensation reported
Martha McLeod
Secretary
On filings since 2020
1 hr/week
No compensation reported
Bradley Long
Past Board Member
Director → Board Member, 2023
Board Member → Past Board Member, 2025
On filings since 2021
1 hr/week
No compensation reported
Kathryn Skouteris
Vice Chair
Director → Vice Chair, 2022
On filings since 2021
1 hr/week
No compensation reported
Gregg Daly
Board Member
Director → Board Member, 2023
On filings since 2022
1 hr/week
No compensation reported
Michelle Heaton
Past Board Member
Director → Board Member, 2023
Board Member → Past Board Member, 2025
On filings since 2022
1 hr/week
No compensation reported
Andrew Luce
Chief Financial Officer
On filings since 2023
10 hrs/week
No compensation reported
Elaine Koskela
Board Member
On filings since 2024
1 hr/week
No compensation reported
Tu Nguyen
Board Member
On filings since 2024
1 hr/week
No compensation reported
Brenda Golden Hallisey
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Jon Hendrickson
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (10)
- Former: David Ellis (2020–2023) — Board Member
- Former: Steve Phillips (2022–2023) — Board Member
- Former: David Sky (2020–2022) — Former Director
- Former: Lisa Guertin (2020–2022) — Former Vice
- Former: Domenic Palmieri Former (2021) — Director
- Former: Gerri Vaughan Former (2021) — Director
- Former: William Brewster Former (2021) — Director
- Former: Domenic Palmieri (2020) — Director
- Former: Gerri Vaughan (2020) — Director
- Former: William Brewster (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about New Hampshire Individual Health Plan Benefit Association
How much does New Hampshire Individual Health Plan Benefit Association give each year?
New Hampshire Individual Health Plan Benefit Association gave $42.3M across 4 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $44.6M across 3 grants.
What is New Hampshire Individual Health Plan Benefit Association's typical grant size?
New Hampshire Individual Health Plan Benefit Association's median grant in 2025 was $8,052,663, and its average grant was $10,581,529, across 4 grants on its 2025 IRS Form 990.
Where does New Hampshire Individual Health Plan Benefit Association give grants?
New Hampshire Individual Health Plan Benefit Association gives mostly in New Hampshire: 62% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest states were Missouri (28%) and Massachusetts (10%). The most frequent recipient cities were Manchester, NH (2 grants).
Does New Hampshire Individual Health Plan Benefit Association give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on New Hampshire Individual Health Plan Benefit Association's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "NH Reinsurance Program" (4 grants).
How large is New Hampshire Individual Health Plan Benefit Association?
New Hampshire Individual Health Plan Benefit Association reported $29.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $65.7M.
What is New Hampshire Individual Health Plan Benefit Association?
New Hampshire Individual Health Plan Benefit Association is a public charity focused on mutual and membership benefit, based in Concord, NH. It holds $29.7M in total assets as of 2025.
What is New Hampshire Individual Health Plan Benefit Association's EIN?
New Hampshire Individual Health Plan Benefit Association's EIN (Employer Identification Number) is 02-0499340. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS September 26, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS June 27, 2025)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 3, 2023)
- Added Form 990 for fiscal year 2025 (received by the IRS June 29, 2026)
- IRS filings on file for fiscal years 2020–2024
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New Hampshire Individual Health Plan Benefit Association down — hundreds of funders to go?