Washington Saratoga Warren Hamiltonessex Counties Health Ins Consorti

Organization Overview

Washington Saratoga Warren Hamiltonessex Counties Health Ins Consorti is located in Hudson Falls, NY. The organization was established in 2007. According to its NTEE Classification (Y44) the organization is classified as: Voluntary Employees Beneficiary Associations Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington Saratoga Warren Hamiltonessex Counties Health Ins Consorti is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 06/2022, Washington Saratoga Warren Hamiltonessex Counties Health Ins Consorti generated $139.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $148.0m during the year ending 06/2022. While expenses have increased by 2.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF THE HEALTH INSURANCE CONSORTIUM TRUST IS TO PURCHASE GROUP HEALTH INSURANCE FOR ITS MEMBER SCHOOL DISTRICTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

A GROUP OF AREA SCHOOL DISTRICTS FORMED A HEALTH INSURANCE CONSORTIUM TRUST TO PROVIDE THE DISTRICTS WITH A LARGE SINGLE GROUP FOR THE PURPOSE OF PROVIDING GROUP HEALTH INSURANCE TO DISTRICT EMPLOYEES WHILE ATTEMPTING TO CONTROL PREMIUM COSTS


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$139,368,119
Investment income $104,214
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $139,472,333

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