NORTH CAROLINA ASSOCIATION OF HEALTH PLANS INC

EIN: 561710756

RALEIGH, NC

Total Revenue
$1,314,743
Total Expenses
$1,120,388
Total Assets
$518,621
Net Assets
$518,621
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
NC
Principal Officer
PETER T DANIEL
Phone
9193022064
Tax Period
2023-01-01 to 2023-12-31

NORTH CAROLINA ASSOCIATION OF HEALTH PLANS INC, founded in 1990, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 160% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 15% surplus.

Mission

THE NORTH CAROLINA ASSOCIATION OF HEALTH PLANS (NCAHP)ADVOCATES FOR APPROPRIATE, RESPONSIBLE PUBLIC POLICY AND PROMOTES THE ACCESSIBILITY OF HEALTH PLANS FOR ALL NORTH CAROLINIANS. NCAHP EDUCATES VARIOUS CONSTITUENCIES ABOUT THE ACCESSIBILITY OF HEALTH CARE IN GENERAL AND THE VALUE OF HEALTH CARE PLANS. THE ASSOCIATION PROVIDES A FORUM FOR VARIOUS HEALTH CARE PLAN CONSTITUENCIES TO IMPROVE PLANS THROUGH SHARING IDEAS AND INFORMATION.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $607,500
Program Service Revenue $702,602
Investment Income $2,660
Other Revenue $1,981
TOTAL REVENUE $1,314,743

Expense Breakdown

Grants Paid $0
Salaries & Benefits $168,000
Fundraising Expenses $0
Program Expenses $772,109
Other Expenses $952,388
TOTAL EXPENSES $1,120,388

Year-over-Year Comparison

2023 2022 Change
Revenue $1,314,743 $505,253 +1.6%
Expenses $1,120,388 $523,881 +1.1%
Net Income $194,355 $-18,628 -11.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
9
Independent Members
9
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
4
$0
Total Directors
6
$168,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER T DANIEL EXECUTIVE DI 40.00
Director
$168,000 $0 $168,000
CHRIS EVANS BOARD MEMBER 1.00
Director
$0 $0 $0
COURTNEY HERRING BOARD MEMBER 1.00
Director
$0 $0 $0
TROY HILDRETH PAST PRESIDE 1.00
Director
$0 $0 $0
F CRAIG HUMPHREY BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS PATERSON BOARD MEMBER 1.00
Director
$0 $0 $0
HEIDI CHAN VICE PRESIDE 1.00
Officer
$0 $0 $0
JUSTIN A CLAYTON TREASURER 1.00
Officer
$0 $0 $0
BEN TWILLEY PRESIDENT 1.00
Officer
$0 $0 $0
KELLY VOGEL SECRETARY 1.00
Officer
$0 $0 $0
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 No data No data No data No data
2024 No data No data No data No data
2023 $1,314,743 $1,120,388 $518,621 $194,355
2022 $505,253 $523,881 $344,266 $-18,628
2021 $669,506 $401,600 $342,894 $267,906
2020 $438,014 $479,907 $74,988 $-41,893
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