#317 of 500 · Member & Benefit Funds

Montana Health Cooperative

EIN 45-1295465 · MT · NTEE Y20 · Form 990, fiscal 2023

A nonprofit, member-governed health insurance cooperative created under a provision of the Affordable Care Act to add competition to insurance markets. It offers individual and group health insurance plans in Montana, Idaho, and Wyoming, emphasizing member engagement and access to quality medical care.

Financials, fiscal 2023

Revenue

$482.6M

Expenses

$482.1M

Total assets

$182.9M

Net assets

$88.1M

Operating margin

0.1%

1-year growth

68.9%

5-year growth (CAGR)

17.3%

Reserve (years of spending)

2.2

Contributions share

n/a

Programme spending

98.9%

Fundraising cost

n/a

Executive pay share

0.49%

Employees

50

Revenue per employee

$9.7M

Grants paid

n/a

Years filing

10

NFP Health Score: 59 / 100

Financial 23 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To offer non-profit member-governed health insurance that promotes member engagement and provides access to high-quality medical care.

Revenue history