New Hampshire Automobile Dealers Health Insurance Trust

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

EIN: 811493488 ✦ Bow, NH ✦ Designated as a 501(c)(9)

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Overview

What is New Hampshire Automobile Dealers Health Insurance Trust?

New Hampshire Automobile Dealers Health Insurance Trust is a nonprofit organization situated in Bow, New Hampshire. Its primary mission is to offer group health insurance benefits to the employees of New Hampshire Auto Dealers Association member employers who choose to participate in the trust. As of December 31, 2022, the trust serves around 150 employer member groups, covering approximately 921 participating employees. The trust provides medical insurance to its members, benefiting a significant number of individuals within the New Hampshire automobile dealership industry.


Official website here: www.nhada.com/web/insurance_solutions/insu

Is New Hampshire Automobile Dealers Health Insurance Trust legitimate?

New Hampshire Automobile Dealers Health Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. New Hampshire Automobile Dealers Health Insurance Trust 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: $34,814
Professional Fundraising Fees: $0
Other Salaries and Wages: $179,709

For more financial information, click here


Official website here: www.nhada.com/web/insurance_solutions/insu

What is the mission statement of New Hampshire Automobile Dealers Health Insurance Trust?

The New Hampshire Automobile Dealers Health Insurance Trust is committed to offering group health insurance benefits to the employees of the New Hampshire Auto Dealers Association member employers who choose to participate in the trust. The primary objective of the trust is to provide medical insurance coverage to its participating member groups, which currently include around 150 employer groups, serving approximately 921 participating employees as of December 31, 2022. The trust aims to enhance the health and well-being of these employees by offering them comprehensive insurance benefits.


Official website here: www.nhada.com/web/insurance_solutions/insu

Who is the CEO of New Hampshire Automobile Dealers Health Insurance Trust?

Daniel Bennett is the Trustee of New Hampshire Automobile Dealers Health Insurance Trust.


Official website here: www.nhada.com/web/insurance_solutions/insu

What is the revenue of New Hampshire Automobile Dealers Health Insurance Trust?

New Hampshire Automobile Dealers Health Insurance Trust's revenue in 2022 was $11,716,789.


Official website here: www.nhada.com/web/insurance_solutions/insu

Who are the executives of New Hampshire Automobile Dealers Health Insurance Trust and what are their salaries?

There 2 volunteers at New Hampshire Automobile Dealers Health Insurance Trust.


Here are 5 key members and their salaries:


Jeff Platek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Eisenberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Mcnamara (Officer)
  • Compensation: $21,311
  • Related: $191,803
  • Other: $18,354
Shawna Tinkham (Officer)
  • Compensation: $12,846
  • Related: $115,380
  • Other: $9,970
Lori Preve (Licensed Insurance Producer)
  • Compensation: $56,853
  • Related: $60,183
  • Other: $3,360


Official website here: www.nhada.com/web/insurance_solutions/insu

Where can I find the form 990 for New Hampshire Automobile Dealers Health Insurance Trust?

New Hampshire Automobile Dealers Health Insurance Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nhada.com/web/insurance_solutions/insu

Learn more at the official website: www.nhada.com/web/insurance_solutions/insu

Mission Statement of New Hampshire Automobile Dealers Health Insurance Trust

The New Hampshire Automobile Dealers Health Insurance Trust, in essence, aims to extend group health insurance benefits to the employees of the New Hampshire Auto Dealers Association member employers who choose to participate in the trust. By doing so, this organization serves to enhance the healthcare coverage of a significant number of employees within its scope. As of December 31, 2022, the trust covers approximately 921 participants, including only the employee subscribers, not their dependents, if applicable. The trust offers medical insurance to its member groups, thereby contributing to the overall well-being and health security of the employees associated with the New Hampshire Auto Dealers Association.

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Impact




October, 2024

New Hampshire Automobile Dealers Health Insurance Trust has a significant impact on the healthcare landscape for employees within the New Hampshire Auto Dealers Association. By offering group health insurance benefits, the Trust supports approximately 921 participants from 150 employer member groups, enabling better access to medical insurance. This not only aids in attracting and retaining talent within the automotive industry but also enhances the overall well-being of employees and their families. With a focus on providing comprehensive medical coverage, the Trust plays a crucial role in mitigating healthcare costs for both employers and their employees, fostering a healthier workforce and supporting economic stability in the region.




This information is meant to be a general summary of New Hampshire Automobile Dealers Health Insurance Trust. 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
$11,716,789 (2022)
Expenses
$11,665,439 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $11,716,789
  • Gross Receipts: $11,716,789

Assets and Liabilities:

  • Total Assets: $208,311
  • Total Liabilities: $8,472
  • Net Assets: $199,839

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Programs

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

GROSS PREMIUM INCOME

Revenue

$11,300,030

SERVICE INCOME

Revenue

$369,996

AFFORDABLE CARE ACT REBATE

Revenue

$46,763

Organization Details

Founding Year

2016

Principal Officer

Daniel Bennett

Main Address

507 SOUTH STREET, BOW, NH, 03304

NTEE Category

Code: Y43 - Mutual benefit

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