Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: PREMIUMS EARNED

  total $431,946,271 · related or exempt $431,946,271

• 3 · Investment income

  total $4,881,436 · excluded $4,881,436

• 7a · Gross sales of assets other than inventory

  securities $49,425,030

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

  securities $48,310,908 · other assets $75,166

• 7c · Gain or loss

  securities $1,114,122 · other assets -$75,166

• 7d · Net gain or loss

  total $1,038,956 · excluded $1,038,956

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $1,529,021 · excluded $1,529,021

• 11e · Other revenue, total

  $1,529,021

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $15,700

• 5 · Compensation of officers, directors and key employees

  total $3,145,834

• 7 · Other salaries and wages

  total $10,680,194

• 8 · Pension plan contributions

  total $624,170

• 9 · Other employee benefits

  total $1,423,969

• 10 · Payroll taxes

  total $939,699

• 11b · Fees: legal

  total -$2,179,102

• 11c · Fees: accounting

  total $3,099,453

• 11d · Fees: lobbying

  total $55,800

• 11g · Fees: other

  total $5,685,477

• 12 · Advertising and promotion

  total $639,732

• 13 · Office expenses

  total $1,735,981

• 14 · Information technology

  total $2,668,378

• 16 · Occupancy

  total $534,304

• 17 · Travel

  total $134,263

• 19 · Conferences, conventions and meetings

  total $224,166

• 20 · Interest

  total $212,158

• 22 · Depreciation, depletion and amortization

  total $122,195

• 23 · Insurance

  total $285,274

• 24a · Other expenses: CLAIMS EXPENSE

  total $399,506,811

• 24b · Other expenses: CMS EXCHANGE USER FEE E

  total $8,797,682

• 24c · Other expenses: COMMISSIONS

  total $7,671,400

• 24d · Other expenses: BANK CHARGES

  total $1,992,136

• 24e · All other expenses

  total $840,664

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $26,253,575 · end of year $9,353,261

• 2 · Savings and temporary cash investments

  beginning of year $128,745,328 · end of year $75,366,219

• 4 · Accounts receivable

  beginning of year $5,946,379 · end of year $4,576,630

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,204,292 · end of year $419,343

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

  $868,881

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

  $706,989

• 10c · Land, buildings and equipment, net

  beginning of year $222,827 · end of year $161,892

• 15 · Other assets

  beginning of year $99,748,221 · end of year $92,845,643

• 17 · Accounts payable and accrued expenses

  beginning of year $5,572,142 · end of year $6,772,150

• 19 · Deferred revenue

  beginning of year $62,219,209 · end of year $65,343,839

• 24 · Unsecured notes and loans payable

  beginning of year $69,270,520

• 25 · Other liabilities

  beginning of year $45,100,311 · end of year $37,874,780

• 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 $0 · end of year $0

• 31 · Retained earnings, endowment or other funds

  beginning of year $79,958,440 · end of year $72,732,219

The filer's explanations (Part III)

PART I, LINE 1A

COMMON GROUND MADE REIMBURSMENTS OF INCOME FOR GROUP TERM LIFE OVER $50,000 INCLUDED IN WAGES. COMMON GROUND MADE GROSS-UP PAYMENTS FOR $50 GIFT CARDS.

PART I, LINE 4A

SCOTT ANDERSON RECEIVED $149,139 IN SEVERANCE PAY IN 2024. CATHY MAHAFFEY RECEIVED $333,332 IN A CHANGE OF CONTROL PAYMENT IN 2024.

PART I, LINE 6

CO-OP NET INCOME WAS ONE OF THE METRICS FOR QUALIFICATION FOR THE INCENTIVE COMPENSATION PLAN.