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Filing year 2024

NJ HMO ASSOCIATION INC

Trenton, New Jersey·EIN 22-3306073·6
Total revenue
$1.2M
Total assets
$2.6M
Total expenses
$1.1M
Reported officers
8
Mission

THE NEW JERSEY ASSOCIATION OF HEALTH PLANS (NJAHP) IS A NON-PROFIT CORPORATION CREATED TO SERVE ITS MEMBER HEALTH PLANS WITH A MISSION OF FOSTERING UNDERSTANDING IN THE VALUE THAT HEALTH PLANS CONTRIBUTE TO NEW JERSEY'S HEALTH CARE SYSTEM. AMONG OTHER WAYS, NJAHP DOES THIS BY: -INFORMING THE PUBLIC ABOUT OUR PHILOSOPHY AND THE VALUE PROPOSITION OFFERED BY COMMERCIAL AND MEDICAID HEALTH PLANS. -EDUCATING POLICY MAKERS, REGULATORS, AND OPINION LEADERS ON THE IMPLICATIONS OF SPECIFIC POLICY PROPOSALS. -PROMOTING COLLABORATIVE EFFORTS AMONG HEALTH PLANS, PROVIDERS, PURCHASERS, BROKERS AND CONSUMERS TO EXPAND ACCESS TO HIGH-QUALITY, AFFORDABLE, AND ACCESSIBLE HEALTH CARE. -ACTING AS A RESOURCE FOR INTERESTED PARTIES ON NEW JERSEY'S HEALTH CARE SYSTEM. -PROMOTING OPPORTUNITIES AND FORUMS FOR HEALTH PLAN MEMBERS AND BUSINESS PARTNERS TO MEET, EXCHANGE IDEAS, AND DISCUSS CRITICAL ISSUES AFFECTING HEALTH CARE IN THE STATE.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

President
key employee
$433k
$467k
Base
$321k
Bonus
$89k
Other
Benefits

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.

Plus 7 unpaid individuals.

Up 6%
from 2023

From $409k in 2023 to $433k in 2024.

$409k
2023
$433k
2024
In today's dollarsEst.
Up 2% in real terms$456k to $467k

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.

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

Revenue and expenses over time

NJ HMO ASSOCIATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.1M
$946k
2023
$1.2M
$1.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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