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Filing year 2024

NEW MEXICO HEALTH CONNECTIONS

Farmington, Connecticut·EIN 45-1294709·NTEE Y20 · Mutual & Membership Benefit·501(c)(29)
Total revenue
$723k
Total assets
$16.1M
Total expenses
$496k
Reported officers
1
Mission

TO ESTABLISH A CONSUMER OPERATED AND ORIENTED PLAN (COOP) CONSISTENT WITH THE PROVISIONS OF THE PATIENT PROTECTION AND AFFORDABLE CARE ACT. NMHC WILL GENERATE FUNDING, ANALYSIS, AND SUSTAINABILITY CRITERIA FOR A COOP HEALTH PLAN, INCLUDING AN ORGANIZATIONAL MODEL THAT ACCOMMODATES REGIONAL AND POPULATION-SPECIFIC PLANS FOR DELIVERING AFFORDABLE, COMMUNITY-SPECIFIC HEALTH CARE ACROSS THE STATE.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.

Special Deputy Receiver
Board Member
75th to 90th percentile
$71k
$77k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at NEW MEXICO HEALTH CONNECTIONS equaled 14% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2024)
14%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 68%
from 2023

From $222k in 2023 to $71k in 2024.

$222k
2023
$71k
2024
In today's dollarsEst.
Down 69% in real terms$248k to $77k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay fell 68% from 2023 to 2024, while revenue fell 30%.

$222k in 2023 to $71k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 NEW MEXICO HEALTH CONNECTIONS

What does the Board Member of NEW MEXICO HEALTH CONNECTIONS earn?

In 2024, the Board Member of NEW MEXICO HEALTH CONNECTIONS received $70,979 in total compensation. This pay is in the top quarter for Board Member roles among Mutual & Membership Benefit organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at NEW MEXICO HEALTH CONNECTIONS compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Board Member at NEW MEXICO HEALTH CONNECTIONS falls between the 75th and 90th percentiles. In 2024, the highest total compensation at NEW MEXICO HEALTH CONNECTIONS equaled 14% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are NEW MEXICO HEALTH CONNECTIONS's revenue and expenses?

In 2024, NEW MEXICO HEALTH CONNECTIONS reported $723k in total revenue and $496k in total expenses on its IRS Form 990.

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