Overview
What is Arches Mutual Insurance Company C/O Jackie Muro Assistant Special Deput?
Arches Mutual Insurance Company, also known as Arches Community Health Care, is a nonprofit organization committed to providing affordable healthcare services. Operating under the name Arches Health Plan, the company received substantial support through the Affordable Care Act's Consumer Operated and Orchestrated Program, securing $90 million in federal loan funding guarantees. As a private nonprofit health maintenance organization, they adhere to the Internal Revenue Code 501(c)(29), and establish partnerships with licensed healthcare providers to offer essential medical services. Their mission is to make healthcare accessible to a wide range of individuals.
Is Arches Mutual Insurance Company C/O Jackie Muro Assistant Special Deput legitimate?
Arches Mutual Insurance Company C/O Jackie Muro Assistant Special Deput is a legitimate nonprofit organization registered as a 501(c)(29) entity. Arches Mutual Insurance Company C/O Jackie Muro Assistant Special Deput 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $357,828
For more financial information, click here
What is the mission statement of Arches Mutual Insurance Company C/O Jackie Muro Assistant Special Deput?
Arches Mutual Insurance Company, operating under the name Arches Community Health Care, is committed to providing affordable healthcare through its nonprofit organization, Arches Health Plan. The company, classified as a private nonprofit health maintenance organization under the Internal Revenue Code 501(c)(29), achieves this mission by contracting with licensed healthcare providers to offer essential medical services. Arches received financial support in the form of $90 million in federal loan funding guarantees through the Affordable Care Act's Consumer Operated and Operated Program.
Who is the CEO of Arches Mutual Insurance Company C/O Jackie Muro Assistant Special Deput?
See Schedule O is the Principal Officer of Arches Mutual Insurance Company C/O Jackie Muro Assistant Special Deput.
What is the revenue of Arches Mutual Insurance Company C/O Jackie Muro Assistant Special Deput?
Arches Mutual Insurance Company C/O Jackie Muro Assistant Special Deput's revenue in 2022 was $3,820,750.
Who are the executives of Arches Mutual Insurance Company C/O Jackie Muro Assistant Special Deput and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Arches Mutual Insurance Company C/O Jackie Muro Assistant Special Deput?
Arches Mutual Insurance Company C/O Jackie Muro Assistant Special Deput's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Arches Mutual Insurance Company C/O Jackie Muro Assistant Special Deput
Arches Mutual Insurance Company, operating under the name Arches Community Health Care, is a nonprofit organization with a mission to provide affordable healthcare. Through its subsidiary, Arches Health Plan, the company contracts with licensed healthcare providers to offer essential medical services. With a significant financial boost of $90 million in federal loan funding guarantees, granted under the Affordable Care Act's Consumer Operated and O program, Arches Mutual Insurance Company C/O Jackie Muro Assistant Special Deput aims to make healthcare accessible and affordable for all. As a private nonprofit health maintenance organization operating under internal revenue code 501(c)(29), the company is committed to ensuring that basic healthcare services are within reach for its community.
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Impact
October, 2024
Arches Mutual Insurance Company, operating as Arches Community Health Care, has a significant impact on the healthcare landscape by providing affordable healthcare services. With a mission focused on accessibility, the organization seeks to improve health outcomes for its members by offering essential healthcare services through its health maintenance organization (HMO) model.
The company stands out for its substantial financial backing, having received $90 million in federal loan funding guarantees through the Affordable Care Act's Consumer Operated and Oriented Plan Programs (CO-OPs). This funding enhances its capacity to offer competitive and affordable health plans, addressing the needs of individuals who may have limited access to traditional insurance options.
By contracting with licensed providers, Arches ensures that members receive comprehensive care while promoting preventive health services. The organization fosters a supportive healthcare community that prioritizes the well-being of its members, ultimately contributing to a healthier population within Salt Lake City and beyond. Arches' initiatives not only alleviate the financial burden of healthcare but also empower individuals and families to seek necessary medical attention without fear of excessive costs.
This information is meant to be a general summary of Arches Mutual Insurance Company C/O Jackie Muro Assistant Special Deput. 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: $219,718
- Program Service Revenue: $3,601,032
- Gross Receipts: $3,820,750
Assets and Liabilities:
- Total Assets: $28,063,021
- Total Liabilities: $82,045,339
- Net Assets: -$53,982,318
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INSURANCE & OTHER SETTLEMENTS
Revenue
$3,601,032
Organization Details
Founding Year
2012
Principal Officer
See Schedule O
Main Address
250 EAST 200 SOUTH SUITE 1250, SALT LAKE CITY, UT, 84111
NTEE Category
Code: Y20 - Mutual benefit
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