New Hampshire Individual Health Plan Benefit Association logo

New Hampshire Individual Health Plan Benefit Association

501(c)(4) organization Concord, NH EIN: 02-0499340 Website

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.

Key facts about New Hampshire Individual Health Plan Benefit Association

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.

EIN
02-0499340
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$42,326,114
Grants made (2025)
4
Average grant
$10,581,529
Median grant
$8,052,663
Total assets
$29,706,883
Primary geography
New Hampshire (62% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$29.7M

+22.2% YoY

Annual Giving

$42.3M

-5.1% YoY

Grant Count

4

+33.3% YoY

Avg Grant Size

$10.6M

-28.9% YoY

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

CantonManchesterSt. LouisMachester

Giving Over Time

Total grant dollars and number of grants per year

$0$20M$40M$60M0 grants2020 0 grants2021 3 grants2022 3 grants2023 3 grants2024 4 grants2025

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.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Matthew Thornton Health Plan Inc: $25.0MMatthew Thornton Health PlanInc$25.0MCentene Corporation: $11.9MCentene Corporation$11.9MHarvard Pilgrim Health Care of NE: $4.2MHarvard Pilgrim Health Care ofNE$4.2MAnthem Health Plans of New Hampshire Inc: $1.2MAnthem Health Plans of NewHampshire Inc$1.2M

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

<$50K$50–100K$100–250K$250–500K$500K–1M2$1–5M11$5M+

The most common grant size was $5M or more: 11 grants of 13 (85%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Matthew Thornton Health Plan Inc Manchester, NHNH Reinsurance Program$24,997,775
Centene Corporation St. Louis, MONH Reinsurance Program$11,878,414
Harvard Pilgrim Health Care of NE Canton, MANH Reinsurance Program$4,226,911
Anthem Health Plans of New Hampshire Inc Manchester, NHNH Reinsurance Program$1,223,014

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$20M$40M$60M$80M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$29,706,883$24,310,027$22,694,901
Revenue$65,745,175$68,233,747$63,129,062
Expenses$65,745,175$68,242,955$63,140,745
Net Investment Income$666,814$833,410$759,699

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2023 (received by the IRS September 26, 2024)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS June 27, 2025)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 3, 2023)
  4. Added Form 990 for fiscal year 2025 (received by the IRS June 29, 2026)
  5. IRS filings on file for fiscal years 2020–2024

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.

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