Kentucky Association Of Health Plans Inc

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

EIN: 611093712 ✦ Lexington, KY ✦ Designated as a 501(c)(6)

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Overview

What is Kentucky Association Of Health Plans Inc?

The Kentucky Association of Health Plans Inc, based in Lexington, Kentucky, serves as a trade association for the Health Maintenance Organization (HMO) industry in the state. With a mission to ensure all Kentuckians have access to superior health coverage, the organization fosters opportunities for health plans, community and provider stakeholders, and government partners to meet, exchange ideas, and discuss critical healthcare issues. By building stronger relationships, it results in effective collaboration and the advancement of better healthcare solutions for the community. The nonprofit has a team of two dedicated employees.


Official website here: www.kahp.org

Is Kentucky Association Of Health Plans Inc legitimate?

Kentucky Association Of Health Plans Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Kentucky Association Of Health Plans 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: $185,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $106,898

For more financial information, click here


Official website here: www.kahp.org

What is the mission statement of Kentucky Association Of Health Plans Inc?

The Kentucky Association of Health Plans Inc serves as a trade association for the Health Maintenance Organization (HMO) industry. Its primary mission is to ensure all Kentuckians have superior access and choices to health coverage. Through various opportunities and forums, the organization facilitates meaningful discussions between health plans, community stakeholders, providers, and government partners. By fostering strong relationships, the Kentucky Association of Health Plans Inc aims to address critical issues affecting healthcare and improve overall healthcare access and quality for the people of Kentucky.


Official website here: www.kahp.org

Who is the CEO of Kentucky Association Of Health Plans Inc?

Thomas Stephens is the Chairman of Kentucky Association Of Health Plans Inc.


Official website here: www.kahp.org

What is the revenue of Kentucky Association Of Health Plans Inc?

Kentucky Association Of Health Plans Inc's revenue in 2022 was $12,436,890.


Official website here: www.kahp.org

Who are the executives of Kentucky Association Of Health Plans Inc and what are their salaries?

The average compensation at Kentucky Association Of Health Plans Inc during 2022 was $145,949. There are 2 employees at Kentucky Association Of Health Plans Inc.


Here are 8 key members and their salaries:


Jeb Duke (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leon Lamoreaux (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Sadler (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Krista Hensel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paige Mankovich (Secretary And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Everwine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corey Ewing (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Stephens (Executive Director)
  • Compensation: $185,000
  • Related: $0
  • Other: $0


Official website here: www.kahp.org

Where can I find the form 990 for Kentucky Association Of Health Plans Inc?

Kentucky Association Of Health Plans Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kahp.org

Learn more at the official website: www.kahp.org

Mission Statement of Kentucky Association Of Health Plans Inc

Kentucky Association of Health Plans Inc, a trade association for the Health Maintenance Organization (HMO) industry, is dedicated to ensuring all Kentuckians have superior access and choices to health coverage. The organization focuses on fostering opportunities and platforms for open dialogue and information exchange between health plans, community and provider stakeholders, and government partners. By bringing these entities together, Kentucky Association of Health Plans Inc facilitates stronger relationships and a collective understanding of critical issues affecting healthcare in the state. This collaborative approach leads to more effective solutions and improved health care services for Kentucky residents.

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Impact




October, 2024

The Kentucky Association of Health Plans Inc. plays a crucial role in enhancing healthcare access and options for all Kentuckians. By serving as a trade association for the HMO industry, it fosters opportunities for health plans, community stakeholders, and providers to engage in meaningful dialogue about critical healthcare issues. This collaboration leads to stronger relationships among various entities involved in healthcare delivery, including government partners.

Through its initiatives, the organization works to promote superior health coverage options, ensuring that individuals and families have access to the services they need. The impact of the Kentucky Association of Health Plans becomes evident in its commitment to community improvement, as it actively participates in shaping policies and practices that benefit the health and wellbeing of the population in Kentucky. By facilitating discussions and idea exchanges, it contributes to a more robust and responsive healthcare system, ultimately enhancing the quality of care available to residents.




This information is meant to be a general summary of Kentucky Association Of Health Plans 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
$12,436,890 (2022)
Expenses
$3,220,679 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $723
  • Program Service Revenue: $11,283,239
  • Gross Receipts: $12,436,890

Assets and Liabilities:

  • Total Assets: $13,760,693
  • Total Liabilities: $0
  • Net Assets: $13,760,693

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

HEALTH OUTREACH

Revenue

$11,283,239

Organization Details

Principal Officer

Thomas Stephens

Main Address

PO BOX 1844, LEXINGTON, KY, 40588

NTEE Category

Code: S41 - Community improvement

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