Missouri Health Insurance Pool is located in Jefferson City, MO. Missouri Health Insurance Pool is a 501(c)(26) and as such, is described as a "State-Sponsored Organization Providing Health Coverage for High-Risk Individuals" by the IRS.
For the year ending 12/2016, Missouri Health Insurance Pool generated $86.8k in total revenue. All expenses for the organization totaled $6.5m during the year ending 12/2016.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE MISSOURI CITIZENS, OTHERWISE UNABLE TO PURCHASE HEALTH INSURANCE BY REASON OF HEALTH STATUS, INVOLUNTARY TERMINATION OF THEIR HEALTH CARE COVERAGE OR BEING CHARGED MORE THAN 300% OF STANDARD PREMIUMS FOR HEALTH COVERAGE AN OPPORTUNITY TO PURCHASE HEALTH INSURANCE COVERAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WAS ESTABLISHED IN 1991 AND PROVIDES COMPREHENSIVE MEDICAL AND DRUG COVERAGE TO MISSOURIANS WHO CANNOT GET HEALTH INSURANCE IN THE STANDARD MARKET BECAUSE OF HEALTH CONDITIONS, EXHAUSTION OF COBRA BENEFITS, OR OTHER LACK OF AVAILABILITY.MHIP OFFERS COVERAGE THROUGH TWO POOLS: THE STATE POOL, WHICH HAS OPERATED SINCE 1991, AND THE FEDERAL POOL, ESTABLISHED IN 2010.MHIP OPERATES ACCORDING TO LEGISLATION ENACTED BY THE MISSOURI GENERAL ASSEMBLY IN 1991. ALTHOUGH NOT AN INSURANCE COMPANY, IT IS SUPERVISED BY THE MISSOURI DEPARTMENT OF INSURANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Huff Board Member | Trustee | 2 | $0 |
Julie Davidson Vice Chairman | Trustee | 2 | $0 |
Misty Snodgrass Board Member | Trustee | 2 | $0 |
Paula Nickelson Board Member | Trustee | 2 | $0 |
Mary Becker Chairman | OfficerTrustee | 2 | $0 |
Bryan F Miller Treasurer | OfficerTrustee | 2 | $0 |
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 | $65,142 |
Investment income | $16,075 |
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 | $86,834 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $6,420,054 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $14,193 |
Fees for services: Accounting | $18,199 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $8,444 |
Advertising and promotion | $0 |
Office expenses | $279 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $61 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $9,999 |
All other expenses | $47,614 |
Total functional expenses | $6,518,843 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Unrestricted restricted net Assets | $0 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $0 |