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
What are the reviews and ratings of this charity?
The Montana Health Cooperative is not currently rated by Charity Navigator. As a non-501(c)(3) organization, it lacks eligibility for a typical evaluation involving Accountability & Finance or Impact & Measurement metrics. The absence of a rating from Charity Navigator does not reflect positively or negatively on the organization; it simply indicates that it hasn't been evaluated under their criteria.
The cooperative is an independent entity not affiliated with any national or regional groupings and has no historical financial data available since it hasn't filed a Form 990 electronically for several years. This limits the ability to assess financial transparency, revenue, or key personnel salaries through typical evaluation metrics.
No user reviews are available on GreatNonprofits, leaving no direct community feedback to comment on. Therefore, potential supporters or clients might need to seek additional information directly from the cooperative for insights into its operations and services.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Montana Health Cooperative?
66% of 63 reviewers on Facebook recommend Montana Health Cooperative. Here is a summary of their reviews:
Overall sentiment towards the organization appears to be mixed, with several users expressing significant frustration regarding customer service and payment issues. A notable review highlighted a negative experience involving payment complications that resulted in unexpected out-of-pocket expenses for necessary medications. This user felt that the organization did not provide adequate support or communication during critical moments, leading to a sense of helplessness in navigating their insurance.
Conversely, some individuals may find the cooperative's approach beneficial, but the prevailing concerns lean towards dissatisfaction. The difficulties reported suggest that while the intent behind the services may be commendable, the execution leaves room for improvement in customer support and reliability.
This AI summary has been generated from reviews found on Facebook.
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 tax deductible.
Heare 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):
- Compensation: $18,400
- Related: $0
- Other: $0
- Compensation: $8,900
- Related: $0
- Other: $0
- Compensation: $9,650
- Related: $0
- Other: $0
- Compensation: $9,650
- Related: $0
- Other: $0
- Compensation: $12,500
- Related: $0
- Other: $0
- Compensation: $11,000
- Related: $0
- Other: $0
- Compensation: $8,400
- Related: $0
- Other: $0
- Compensation: $8,400
- Related: $0
- Other: $0
- Compensation: $12,050
- Related: $0
- Other: $0
- Compensation: $9,560
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $12,500
- Related: $0
- Other: $0
- Compensation: $9,400
- Related: $0
- Other: $0
- Compensation: $8,400
- Related: $0
- Other: $0
- Compensation: $9,750
- Related: $0
- Other: $0
- Compensation: $2,000
- Related: $0
- Other: $0
- Compensation: $390,227
- Related: $0
- Other: $38,903
- Compensation: $211,955
- Related: $0
- Other: $28,713
- Compensation: $204,631
- Related: $0
- Other: $19,644
- Compensation: $265,893
- Related: $0
- Other: $16,516
- Compensation: $227,873
- Related: $0
- Other: $9,026
- Compensation: $185,667
- Related: $0
- Other: $21,518
- Compensation: $137,949
- Related: $0
- Other: $20,389
- Compensation: $178,786
- Related: $0
- Other: $25,064
- Compensation: $150,554
- Related: $0
- Other: $23,844
- Compensation: $123,606
- Related: $0
- Other: $16,707
- Compensation: $109,145
- Related: $0
- Other: $30,177
Official website here: www.mhc.coop
Where can I find the form 990 for Montana Health Cooperative?
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.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Montana Health Cooperative significantly impacts the healthcare landscape by providing member-governed health insurance that prioritizes engagement and accessibility. By adhering to federal and state guidelines, the organization ensures that its members receive high-quality health care options, including Medicare supplement policies. This member-focused approach not only empowers individuals to take an active role in their healthcare decisions but also fosters a sense of community and mutual benefit among members. The cooperative's operations, based in Helena, Montana, help to enhance the overall health outcomes of its members by promoting affordable access to essential services.
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.
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.
- 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
Want to help this charity, for free? You can click here to learn more about Give Freely
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
Phone
(406) 447-9510Principal Officer
David Slonaker
Main Address
PO BOX 5358, HELENA, MT, 59604
Website
www.mhc.coopNTEE Category
Code: Y20 - Mutual benefit
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.