Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: PREMIUM EARNED

  total $1,347,047,847 · related or exempt $1,347,047,847

• 3 · Investment income

  total $9,777,425 · excluded $9,777,425

• 7a · Gross sales of assets other than inventory

  securities $81,184,324

• 7b · Less cost or other basis and sales expenses

  securities $83,594,527

• 7c · Gain or loss

  securities -$2,410,203

• 7d · Net gain or loss

  total -$2,410,203 · excluded -$2,410,203

• 11a · Other revenue: FRAUD LOSS RECOVERY INCOME

  total $239,955 · excluded $239,955

• 11e · Other revenue, total

  $239,955

Functional expenses

Part IX, the statement of functional expenses.

• 4 · Benefits paid to or for members

  total $1,184,248,331 · program services $1,184,248,331

• 5 · Compensation of officers, directors and key employees

  total $4,561,637 · management and general $4,561,637

• 7 · Other salaries and wages

  total $41,866,935 · program services $3,543,637 · management and general $38,323,298

• 8 · Pension plan contributions

  total $2,001,518 · program services $152,765 · management and general $1,848,753

• 9 · Other employee benefits

  total $6,395,275 · program services $488,116 · management and general $5,907,159

• 10 · Payroll taxes

  total $3,253,449 · program services $248,318 · management and general $3,005,131

• 11b · Fees: legal

  total $686,922 · program services $52,429 · management and general $634,493

• 11c · Fees: accounting

  total $670,657 · program services $51,188 · management and general $619,469

• 11f · Fees: investment management

  total $536,464 · management and general $536,464

• 11g · Fees: other

  total $29,585,436 · program services $2,258,093 · management and general $27,327,343

• 12 · Advertising and promotion

  total $3,015,256 · program services $230,138 · management and general $2,785,118

• 13 · Office expenses

  total $2,644,570 · program services $201,845 · management and general $2,442,725

• 14 · Information technology

  total $278,347 · program services $21,245 · management and general $257,102

• 16 · Occupancy

  total $4,446,465 · program services $339,374 · management and general $4,107,091

• 17 · Travel

  total $354,949 · program services $27,091 · management and general $327,858

• 19 · Conferences, conventions and meetings

  total $59,816 · program services $4,565 · management and general $55,251

• 22 · Depreciation, depletion and amortization

  total $8,246,206 · program services $629,387 · management and general $7,616,819

• 23 · Insurance

  total $920,939 · program services $70,290 · management and general $850,649

• 24a · Other expenses: TAXES, LICENSES, & FEES

  total $24,408,237 · program services $1,862,946 · management and general $22,545,291

• 24b · Other expenses: BOARDS, BUREAUS & ASSOC

  total $565,870 · program services $43,190 · management and general $522,680

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $189,160,518 · end of year $204,926,809

• 4 · Accounts receivable

  beginning of year $50,801,086 · end of year $57,104,480

• 10a · Land, buildings and equipment: cost or other basis

  $2,251,068

• 10b · Land, buildings and equipment: accumulated depreciation

  $1,496,532

• 10c · Land, buildings and equipment, net

  beginning of year $1,057,821 · end of year $754,536

• 11 · Investments: publicly traded securities

  beginning of year $307,556,144 · end of year $303,159,796

• 15 · Other assets

  beginning of year $1,335,246 · end of year $1,452,275

• 17 · Accounts payable and accrued expenses

  beginning of year $26,771,767 · end of year $25,937,983

• 19 · Deferred revenue

  beginning of year $90,194,186 · end of year $101,099,722

• 25 · Other liabilities

  beginning of year $213,749,819 · end of year $203,842,480

• 29 · Capital stock, trust principal or current funds

  beginning of year $0 · end of year $0

• 30 · Paid-in or capital surplus, or land, building or equipment fund

  beginning of year $14,738,448 · end of year $14,738,448

• 31 · Retained earnings, endowment or other funds

  beginning of year $204,456,595 · end of year $221,779,263

The filer's explanations (Part III)

PART I, LINE 3

THE CHPW CEO COMPENSATION IS SET BY THE EXECUTIVE COMMITTEE OF THE CHPW BOARD OF DIRECTORS BASED UPON INDEPENDENT THIRD PARTY COMPENSATION INFORMATION AND PROFESSIONAL OPINION.

PART I, LINE 6

OUR INCENTIVE PLAN IS NOT A FIXED DOLLAR AMOUNT BUT RATHER BASED ON COMPANY PERFORMANCE AND THE ACCELERATOR IS BASED ON FINANCIAL PERFORMANCE.

PART I, LINE 7

CERTAIN INDIVIDUALS RECEIVE NON-FIXED PAYMENTS DETERMINED, IN PART, BY MEETING OR EXCEEDING BUDGETED OPERATING INCOME FOR THE YEAR.