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Filing year 2023

COLORADO HEALTH BENEFIT EXCHANGE

Denver, Colorado·EIN 45-3733823·NTEE E80 · Health Care·501(c)(3)
Total revenue
$60.3M
Total assets
$55.5M
Total expenses
$54M
Reported officers
16
Mission

THE MISSION OF CONNECT FOR HEALTH COLORADO IS TO INCREASE ACCESS, AFFORDABILITY, AND CHOICE FOR INDIVIDUALS AND SMALL EMPLOYERS PURCHASING HEALTH INSURANCE IN COLORADO. (SEE SCHEDULE O.) CONNECT FOR HEALTH COLORADO IS INTENDED TO REFLECT THE NEEDS OF OUR STATE, SEEK COLORADO-SPECIFIC SOLUTIONS, AND EXPLORE THE MAXIMUM NUMBER OF OPTIONS AVAILABLE TO THE STATE OF COLORADO IN MEETING THE GOALS OF ACCESS, AFFORDABILITY, AND CHOICE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Health Care organizations in Colorado.

Chief Executive Officer
75th to 90th percentile
$408k
$448k
Base
$327k
Bonus
$36k
Other
Benefits
$25k
Chief Financial Officer
75th to 90th percentile
$345k
$379k
Base
$278k
Bonus
Other
Benefits
$39k
Chief Innovation Officer
Officer (Unspecified)
$337k
$370k
Base
$282k
Bonus
Other
Benefits
$27k
Chief Human Resources and Training Officer
Highest Compensated Employee
Median to 75th percentile
$319k
$350k
Base
$275k
Bonus
Other
Benefits
$29k
General Counsel/compliance
Highest Compensated Employee
Median to 75th percentile
$301k
$330k
Base
$242k
Bonus
Other
Benefits
$34k
Senior Director of Product
Highest Compensated Employee
25th percentile to median
$241k
$265k
Base
$202k
Bonus
Other
Benefits
$19k
Senior Director of Customer and Issuer Operations
Median to 75th percentilevs Health Care peers nationwide
$233k
$256k
Base
$185k
Bonus
Other
Benefits
$29k
Director of Software Devel
Highest Compensated Employee
25th percentile to median
$224k
$246k
Base
$177k
Bonus
Other
Benefits
$29k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Denver-Aurora-Lakewood, CO metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at COLORADO HEALTH BENEFIT EXCHANGE equaled 0.8% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
0.8%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 15%
from 2022

From $354k in 2022 to $408k in 2023.

$354k
2022
$408k
2023
In today's dollarsEst.
Up 10% in real terms$409k to $448k

Estimated with Denver-Aurora-Lakewood, CO metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 15% from 2022 to 2023, while revenue rose 15%.

$354k in 2022 to $408k in 2023.
  • Chief Financial Officer pay rose 27% from 2022 to 2023.
  • Highest Compensated Employee pay rose 11% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about COLORADO HEALTH BENEFIT EXCHANGE

What does the Chief Executive Officer of COLORADO HEALTH BENEFIT EXCHANGE earn?

In 2023, the Chief Executive Officer of COLORADO HEALTH BENEFIT EXCHANGE received $408,269 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Health Care organizations in Colorado, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at COLORADO HEALTH BENEFIT EXCHANGE compare with similar nonprofits?

Compared with the same role at Health Care organizations in Colorado, the 2023 pay of the Chief Executive Officer at COLORADO HEALTH BENEFIT EXCHANGE falls between the 75th and 90th percentiles. In 2023, the highest total compensation at COLORADO HEALTH BENEFIT EXCHANGE equaled 0.8% of the organization's total expenses. The median for health care organizations is 4%.

What are COLORADO HEALTH BENEFIT EXCHANGE's revenue and expenses?

In 2023, COLORADO HEALTH BENEFIT EXCHANGE reported $60.3M in total revenue and $54M in total expenses on its IRS Form 990.

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