Colorado Health Insurance Cooperative Inc

Colorado Healthop

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

EIN: 454749718 ✦ San francisco, CA ✦ Designated as a 501(c)(29)

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Overview

What is Colorado Health Insurance Cooperative Inc?

Colorado Health Insurance Cooperative Inc, also known as Colorado Healthop, is a nonprofit organization dedicated to providing affordable and high-quality health coverage to individuals and small businesses. Based on the information provided, this cooperative operates with a consumer-led governance structure, aiming to improve the health of its members, employers, and the wider community through collaborative partnerships with healthcare providers. Joseph B Holloway JR oversees the organization's operations. Colorado Healthop is committed to offering health coverage that meets the needs of its constituents while upholding its mission to promote wellness and better health outcomes.


Official website here: www.rsgca.org/chic.html

Is Colorado Health Insurance Cooperative Inc legitimate?

Colorado Health Insurance Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(29) entity. Colorado Health Insurance Cooperative 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 tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.rsgca.org/chic.html

What is the mission statement of Colorado Health Insurance Cooperative Inc?

Colorado Health Insurance Cooperative Inc, as a consumer-governed and operated nonprofit entity, strives to provide affordable and high-quality health coverage to individuals and small businesses. Their mission is centered around improving the health of individuals and communities. They establish trusted partnerships with members, employers, and healthcare providers to achieve this objective. The company's focus is on fostering a collaborative environment to enhance healthcare access and quality for its clientele.


Official website here: www.rsgca.org/chic.html

Who is the CEO of Colorado Health Insurance Cooperative Inc?

Joseph B Holloway Jr is the Director of Colorado Health Insurance Cooperative Inc.


Official website here: www.rsgca.org/chic.html

What is the revenue of Colorado Health Insurance Cooperative Inc?

Colorado Health Insurance Cooperative Inc's revenue in 2022 was -$825,339.


Official website here: www.rsgca.org/chic.html

Who are the executives of Colorado Health Insurance Cooperative Inc and what are their salaries?


There is 1 key member and their salary:


None (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rsgca.org/chic.html

Where can I find the form 990 for Colorado Health Insurance Cooperative Inc?

Colorado Health Insurance Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rsgca.org/chic.html

Learn more at the official website: www.rsgca.org/chic.html

Mission Statement of Colorado Health Insurance Cooperative Inc

Colorado Healthop, a consumer-governed and operated nonprofit insurance company, is committed to improving the health of individuals and communities. They achieve this mission by establishing trusting partnerships with their members, employers, and healthcare providers. The company's primary goal is to offer affordable and high-quality health coverage to individuals and small businesses, thereby contributing to the overall well-being of the communities they serve. Joseph B. Holloway Jr. is responsible for leading this organization.

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Impact




October, 2024

Colorado Health Insurance Cooperative Inc plays a crucial role in enhancing access to affordable healthcare for individuals and small businesses in Colorado. By operating as a consumer-governed entity, it prioritizes the needs and preferences of its members, ensuring that the health coverage offered is both high quality and financially accessible.

The organization is dedicated to improving health outcomes within communities through collaborative partnerships with members, employers, and healthcare providers. This approach fosters a sense of trust and community engagement, contributing positively to local health ecosystems. By focusing on affordability without compromising on quality, Colorado Health Insurance Cooperative Inc addresses a significant gap in the health insurance market, making healthcare more attainable for many who might otherwise struggle to find suitable coverage.

Through these efforts, it not only supports individual health needs but also strengthens community well-being as a whole. Joseph B Holloway JR leads the organization in its mission to enhance health through a cooperative, member-focused model that distinguishes it from traditional insurance providers.




This information is meant to be a general summary of Colorado Health Insurance Cooperative Inc. 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.

Revenue
-$825,339 (2022)
Expenses
$109,925 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$825,339
  • Gross Receipts: $163,082

Assets and Liabilities:

  • Total Assets: $4,168,692
  • Total Liabilities: $143,722,408
  • Net Assets: -$139,553,716

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Organization Details

Founding Year

2012

Principal Officer

Joseph B Holloway Jr

Main Address

100 PINE STREET 725, SAN FRANCISCO, CA, 94111

NTEE Category

Code: Y23 - Mutual benefit

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