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
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: $45,006
Professional Fundraising Fees: $0
Other Salaries and Wages: $160,778
For more financial information, click here
Official website here: www.nhada.com
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
What is the revenue of New Hampshire Automobile Dealers Health Insurance Trust?
New Hampshire Automobile Dealers Health Insurance Trust's revenue in 2023 was $11,976,697.
Official website here: www.nhada.com
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 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $18,628
- Related: $167,651
- Other: $22,500
- Compensation: $9,828
- Related: $88,454
- Other: $0
- Compensation: $16,550
- Related: $148,948
- Other: $23,896
- Compensation: $65,798
- Related: $65,798
- Other: $15,322
Official website here: www.nhada.com
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 2023 and can be accessed here.
Official website here: www.nhada.com
Learn more at the official website: www.nhada.com
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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $11,976,697
- Gross Receipts: $11,976,697
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
$11,643,046
SERVICE INCOME
Revenue
$333,651
Organization Details
Founding Year
2016
Principal Officer
Daniel Bennett
Website
www.nhada.comNTEE Category
Code: Y43 - Mutual benefit
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