NEW MEXICO HEALTH CONNECTIONS CO RISK & REGULATORY CONSULTING LLC

EIN: 451294709 Mutual Benefit

FARMINGTON, CT

Total Revenue
$4,241,239
Total Expenses
$36,743
Total Assets
$20,320,496
Net Assets
$-11,327,239
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NM
Phone
8666689002
Tax Period
2025-01-01 to 2025-12-31

NEW MEXICO HEALTH CONNECTIONS CO RISK & REGULATORY CONSULTING LLC, founded in 2011, is a community nonprofit in the Mutual Benefit sector that reported $4.2M in total revenue in fiscal year 2025. Revenue surged 486% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.2M, a strong 99% operating margin.

Mission

THE ORGANIZATION IS IN THE PROCESS OF LIQUIDATING. PRIOR TO LIQUIDATION, THE ORGANIZATION'S MISSION WAS: 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.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $5,178
Other Revenue $4,236,061
TOTAL REVENUE $4,241,239

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $36,743
TOTAL EXPENSES $36,743

Year-over-Year Comparison

2025 2024 Change
Revenue $4,241,239 $723,178 +4.9%
Expenses $36,743 $496,062 -0.9%
Net Income $4,204,496 $227,116 +17.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
1
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
1
$13,132
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RISK REGULATORY CONSULTING LLC SPECIAL DEPUTY RECEIVER 8.0
Director
$13,132 $0 $13,132
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $4,241,239 $36,743 $20,320,496 $4,204,496
2024 $723,178 $496,062 $16,108,787 $227,116
2023 $1,031,766 $4,442,493 $16,067,999 $-3,410,727
2022 $2,459,980 $729,085 $17,415,397 $1,730,895
2021 $102,934 $1,750,334 $11,791,399 $-1,647,400
2020 $83,502,546 $93,837,826 $29,308,594 $-10,335,280
2019 $21,273,972 $18,046,826 $20,889,430 $3,227,146
2018 $47,672,372 $41,541,966 $45,026,020 $6,130,406
Explore More Nonprofits
Top 100 Nonprofits in Connecticut Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare NEW MEXICO HEALTH CONNECTIONS CO RISK & REGULATORY CONSULTING LLC with other nonprofits in Connecticut and across the country.