Washington State Health Insurance Pool

Organization Overview

Washington State Health Insurance Pool is located in Great Bend, KS. The organization was established in 1999. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. As of 12/2023, Washington State Health Insurance Pool employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington State 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 12/2023, Washington State Health Insurance Pool generated $18.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $16.5m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE ADEQUATE HEALTH INSURANCE COVERAGE FOR RESIDENTS WHO ARE DENIED HEALTH INSURANCE

Describe the Organization's Program Activity:

Part 3 - Line 4a

WSHIP PROVIDED HEALTH CARE INSURANCE COVERAGE AND CASE MANAGEMENT SERVICES TO APPROXIMATELY 700 PERSONS.


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Board, Officers & Key Employees

Name (title)Compensation
Kristen Walter Wright
Chair
$0
Michael Dunlop
Vice Chair
$0
Sheela Tallman
Secretray/treasurer
$0
Hiu-Wan Ko
Director
$0
Richard Hourigan MD
Director
$0
James Dixson
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Benefit Management Llc
Admin
$989,251
Leif Associates
Actuaries
$157,620
View All Vendors

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$17,727,990
Investment income $492,637
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 $18,220,627

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