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Colorado Health Benefit Exchange

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn’t provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Health — General and Rehabilitative / Health, General and Financing (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$46M (2022)

Expenses
$44.6M (2022)

Total Assets
$43.3M (2022)

Total Liabilities
$6.65M (2022)

Source: Form 990 tax filings from 2012 to 2022

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$46,009,200
Expenses
$44,649,952
Net Income
$1,359,248
Net Assets
$36,613,367
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,985,361
26.0%
Program Services $34,007,850
73.9%
Investment Income $2,987
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $13,002
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $777,974
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $11,568,578
25.9%
Assets/Debt
Total Assets $43,264,341
Total Liabilities $6,650,974
Net Assets $36,613,367
Compensation
Key Employees and Officers Compensation Related Other
Kevin Patterson (Chief Executive Officer) $303,156 $0 $35,564
Brian Braun (Chief Financial Officer) $233,900 $0 $31,874
Kelly Guthner (Chief Innovation Officer) $219,928 $0 $39,057
Nyle Boyd (Chief Human Resources Dire) $203,053 $0 $24,870
Monica Vanbuskirk (Chief Policy & Relationshi) $194,786 $0 $31,769
Alan Schmitz (General Counsel/Compliance) $185,622 $0 $35,486
Michael Stephan (Privacy & Security Officer) $157,162 $0 $28,758
Katherine Davies (Senior Director Of Product Development) $154,979 $0 $31,103
Christy Blakely (Director) $0 $0 $0
Marc Reece (Board Vice Chair) $0 $0 $0
Patrick Gordon (Director) $0 $0 $0
Annie Lee (Board Chair Elect) $0 $0 $0
Lorez Meinhold (Board Chair) $0 $0 $0
Mike Stahl (Board Secretary) $0 $0 $0
Dick Thompson (Director) $0 $0 $0
Mara Baer (Director) $0 $0 $0
Allison Neswood (Director) $0 $0 $0

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Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$42,741,707
Expenses
$42,502,061
Net Income
$239,646
Net Assets
$35,294,346
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,702,194
27.4%
Program Services $30,963,128
72.4%
Investment Income $63,682
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $12,703
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $746,782
1.8%
Professional Fundraising Fees $0
Other Salaries and Wages $9,696,584
22.8%
Assets/Debt
Total Assets $41,211,882
Total Liabilities $5,917,536
Net Assets $35,294,346
Compensation
Key Employees and Officers Compensation Related Other
Kevin Patterson (Chief Executive Officer) $295,408 $0 $34,418
Brian Braun (Chief Financial Officer) $231,706 $0 $24,400
Kelly Guthner (Chief Innovation Officer) $213,655 $0 $38,269
Monica Vanbuskirk (Chief Policy & Relationships Officer) $189,913 $0 $27,999
Nyle Boyd (Chief Human Resources Director) $180,084 $0 $34,253
Alan Schmitz (General Counsel/Compliance Officer) $175,937 $0 $34,723
David Coren (Director Of Vendor Relations) $175,214 $0 $18,513
Michael Stephan (Privacy & Security Officer) $155,072 $0 $28,375
Adela Flores Brennan (Director) $0 $0 $0
Marc Reece (Board Vice Chair) $0 $0 $0
Claire Brockbank (Board Chair) $0 $0 $0
Patrick Gordon (Director) $0 $0 $0
Annie Lee (Director) $0 $0 $0
Lorez Meinhold (Director) $0 $0 $0
Sharon O'hara (Director) $0 $0 $0
Mike Stahl (Board Secretary) $0 $0 $0
Dick Thompson (Director) $0 $0 $0

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Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$45,376,594
Expenses
$46,043,852
Net Income
-$667,258
Net Assets
$35,077,944
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,749,853
25.9%
Program Services $33,368,356
73.5%
Investment Income $255,165
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,220
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $731,669
1.6%
Professional Fundraising Fees $0
Other Salaries and Wages $8,256,213
17.9%
Assets/Debt
Total Assets $42,000,411
Total Liabilities $6,922,467
Net Assets $35,077,944
Compensation
Key Employees and Officers Compensation Related Other
Kevin Patterson (Chief Executive Officer) $277,746 $0 $33,172
Kelly Guthner (Chief Innovation Officer) $234,464 $0 $40,065
Brian Braun (Chief Financial Officer) $201,218 $0 $36,738
Alan Schmitz (General Counsel/Compliance) $179,209 $0 $32,719
David Coren (Director Of Marketplace Fi) $167,016 $0 $17,616
Claudia Farnham Wittner (Director Of Member Service) $162,785 $0 $17,488
Nyle Boyd (Human Resources Director) $153,630 $0 $30,860
Michael Stephan (Privacy & Security Officer) $144,657 $0 $26,188
Adela Flores Brennan (Board Chair) $0 $0 $0
Marc Reece (Board Vice Chair) $0 $0 $0
Claire Brockbank (Board Secretary) $0 $0 $0
Patrick Gordon (Director) $0 $0 $0
Annie Lee (Director) $0 $0 $0
Lorez Meinhold (Director) $0 $0 $0
Sharon O'hara (Director) $0 $0 $0
Mike Stahl (Director) $0 $0 $0
Dick Thompson (Director) $0 $0 $0

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Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$46,683,878
Expenses
$45,093,055
Net Income
$1,590,823
Net Assets
$35,721,885
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,300,000
13.5%
Program Services $39,774,645
85.2%
Investment Income $304,737
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $304,496
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $450,247
1.0%
Professional Fundraising Fees $0
Other Salaries and Wages $6,325,408
14.0%
Assets/Debt
Total Assets $40,873,922
Total Liabilities $5,152,037
Net Assets $35,721,885
Compensation
Key Employees and Officers Compensation Related Other
Kevin Patterson (Chief Executive Officer) $264,675 $0 $32,980
Brian Braun (Chief Financial Officer) $192,626 $0 $35,771
Kelly Guthner (Chief Innovation Officer) $183,411 $0 $33,520
Alan Schmitz (General Counsel/Compliance Officer) $167,962 $0 $31,907
David Coren (Director Of Marketplace Finance) $158,653 $0 $16,819
Nyle Boyd (Human Resources Director) $145,844 $0 $30,220
Claudia Farnham Wittner (Director Of Member Service & Support Operations) $138,090 $0 $18,163
Michael Stephan (Privacy & Security Officer) $137,335 $0 $25,870
Adela Flores Brennan (Board Chair) $0 $0 $0
Marc Reece (Board Vice Chair) $0 $0 $0
Claire Brockbank (Board Secretary) $0 $0 $0
Steve Erkenbrack (Director) $0 $0 $0
Annie Lee (Director) $0 $0 $0
Lorez Meinhold (Director) $0 $0 $0
Sharon O'hara (Director) $0 $0 $0
Jay Norris (Director) $0 $0 $0
Nathan Wilkes (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$43,214,914
Expenses
$55,189,943
Net Income
-$11,975,029
Net Assets
$34,121,318
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,056,454
25.6%
Program Services $32,059,702
74.2%
Investment Income $97,595
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,163
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $458,044
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $5,440,522
9.9%
Assets/Debt
Total Assets $39,588,661
Total Liabilities $5,467,343
Net Assets $34,121,318
Compensation
Key Employees and Officers Compensation Related Other
Kevin Patterson (Ceo) $241,947 $0 $31,016
Judith Jung (Coo) $189,071 $0 $32,050
Brian Braun (Cfo) $181,673 $0 $34,203
Dave Coren (Dir Of Marketplace Finance) $165,191 $0 $17,635
Alan Schmitz (General Counsel/ Compliance Officer) $161,373 $0 $26,027
Nyle Boyd (Human Resources Director) $140,627 $0 $25,856
Michael Stephan (Privacy & Security Officer) $137,890 $0 $28,560
Adela Flores Brennan (Board Chair) $0 $0 $0
Steve Erken Brack (Board Vice Chair) $0 $0 $0
Claire Brockbank (Secretary) $0 $0 $0
Jay Norris (Director) $0 $0 $0
Sharon Lee O'hara (Director) $0 $0 $0
Denise O'leary (Director) $0 $0 $0
Marc Reece (Director) $0 $0 $0
Nathan Wilkes (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$47,496,011
Expenses
$57,599,122
Net Income
-$10,103,111
Net Assets
$46,105,162
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,423,710
21.9%
Program Services $37,059,750
78.0%
Investment Income $5,614
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,937
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $427,469
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $5,854,915
10.2%
Assets/Debt
Total Assets $51,018,419
Total Liabilities $4,913,257
Net Assets $46,105,162
Compensation
Key Employees and Officers Compensation Related Other
Kevin Patterson (Ceo) $211,184 $0 $30,186
Brian Braun (Cfo) $178,961 $0 $33,816
Alan Schmitz (General Counsel/Compliance) $169,744 $0 $28,110
James Turner (Chief Technology Officer) $168,662 $0 $31,879
Dave Coren (Dir Of Marketplace Finance) $156,633 $0 $18,539
Michael Stephan (Privacy & Security Officer) $135,069 $0 $27,515
Karen Gordey (Customer Service Director) $133,625 $0 $27,740
Adela Flores Brennan (Board Chair) $0 $0 $0
Steve Erken Brack (Board Vice Chair) $0 $0 $0
Davis Fansler (Secretary) $0 $0 $0
Eric Grossman (Director) $0 $0 $0
Jay Norris (Director) $0 $0 $0
Sharon Lee O'hara (Director) $0 $0 $0
Denise O'leary (Director) $0 $0 $0
Marc Reece (Director) $0 $0 $0
Nathan Wilkes (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$45,386,299
Expenses
$58,712,350
Net Income
-$13,326,051
Net Assets
$56,208,273
Notable Sources of Revenue Percent of Total Revenue
Contributions $13,410,502
29.5%
Program Services $31,843,075
70.2%
Investment Income $22,950
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $109,772
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $514,209
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $5,204,184
8.9%
Assets/Debt
Total Assets $60,518,339
Total Liabilities $4,310,066
Net Assets $56,208,273
Compensation
Key Employees and Officers Compensation Related Other
Marcia Benshoof (Chief Strategy & Sales Off) $309,447 $0 $3,792
James Turner (Director Of Tech Operations) $156,256 $0 $30,292
Dave Coren (Director Of Marketplace Fi) $150,903 $0 $18,771
Alan Schmitz (General Counsel/Compliance Officer) $145,956 $0 $24,667
Adele Work (Chief Information Officer) $140,902 $0 $20,695
Gary Drews (Ceo (Thru Aug 2015)) $133,187 $0 $24,274
Kevin Patterson (Ceo) $124,477 $0 $26,363
John Wetherington (Cfo (Thru Sept 2015)) $111,090 $0 $0
Brian Braun (Cfo) $78,732 $0 $14,673
Adela Flores Brennan (Board Chair) $0 $0 $0
Steve Erken Brack (Board Vice Chair) $0 $0 $0
Davis Fansler (Secretary) $0 $0 $0
Sharon O'hara (Director) $0 $0 $0
Denise O'leary (Director) $0 $0 $0
Eric Grossman (Director) $0 $0 $0
Jay Norris (Director) $0 $0 $0
Marc Reece (Director) $0 $0 $0
Nathan Wilkes (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$82,176,254
Expenses
$68,065,291
Net Income
$14,110,963
Net Assets
$69,534,324
Notable Sources of Revenue Percent of Total Revenue
Contributions $67,911,591
82.6%
Program Services $14,218,703
17.3%
Investment Income $45,799
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $161
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $585,491
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $3,696,307
5.4%
Assets/Debt
Total Assets $83,046,439
Total Liabilities $13,512,115
Net Assets $69,534,324
Compensation
Key Employees and Officers Compensation Related Other
Marcia Benshoof (Chief Strategy & Sales Officer) $196,733 $0 $10,414
Lindy Hinman (Chief Operating Officer) $178,210 $0 $29,402
Proteus Duxbury (Chief Technology Officer) $158,552 $0 $28,992
Cammie Blais (Cfo (Thru 10/31/2014)) $151,998 $0 $30,397
Patty Fontneau (Ceo (Thru Aug 2014)) $149,963 $0 $25,318
Linda Kanamine (Chief Marketing Officer) $126,117 $0 $16,451
Dave Coren (Director Of Marketplace Finance) $107,864 $0 $15,182
Gary Drews (Ceo (Aug 2014 Aug 2015)) $68,055 $0 $9,633
Sharon O'hara (Board Chair) $0 $0 $0
Arnold Salazaar (Vice Chair) $0 $0 $0
Mike Fallon (Secretary) $0 $0 $0
Steve Erken Brack (Director) $0 $0 $0
Davis Fansler (Director) $0 $0 $0
Adela Flores Brennan (Director) $0 $0 $0
Denise O'leary (Director) $0 $0 $0
Eric Grossman (Director) $0 $0 $0
Jay Norris (Director) $0 $0 $0
Marc Reece (Director) $0 $0 $0
Nathan Wilkes (Director) $0 $0 $0
John Wetherington (Cfo (Feb 2015 Sept 2015)) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$109,826,665
Expenses
$74,318,617
Net Income
$35,508,048
Net Assets
$53,162,691
Notable Sources of Revenue Percent of Total Revenue
Contributions $107,632,993
98.0%
Program Services $2,162,295
2.0%
Investment Income $31,377
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $647,625
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $2,409,083
3.2%
Assets/Debt
Total Assets $78,407,910
Total Liabilities $25,245,219
Net Assets $53,162,691
Compensation
Key Employees and Officers Compensation Related Other
Patty Fontneau (Executive Director & Ceo) $184,603 $0 $34,260
Lindy Hinman (Chief Operating Officer) $177,296 $0 $27,814
Cammie Blais (Chief Financial Officer) $164,803 $0 $33,263
Jim Sugden (Insurance Officer & Shop Mgr.) $145,237 $0 $16,301
Myung Oak Kim (Chief Marketing Officer) $110,450 $0 $11,938
Christa Mc Clure (Director Of Partner Engagements) $105,319 $0 $14,647
Gretchen Hammer (Board Chair) $0 $0 $0
Richard Betts (Vice Chair) $0 $0 $0
Arnold Salazar (Secretary) $0 $0 $0
Mike Fallon Md (Director) $0 $0 $0
Eric Grossman (Director) $0 $0 $0
Robert Ruiz Moss (Director) $0 $0 $0
Beth Soberg (Director) $0 $0 $0
Steve Erken Brack (Director) $0 $0 $0
Nathan Wilkes (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$43,998,171
Expenses
$26,871,668
Net Income
$17,126,503
Net Assets
$17,654,643
Notable Sources of Revenue Percent of Total Revenue
Contributions $14,980
0.0%
Program Services $43,981,626
100.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,565
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $590,886
2.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,146,680
4.3%
Assets/Debt
Total Assets $33,783,447
Total Liabilities $16,128,804
Net Assets $17,654,643

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,431,739
Expenses
$1,903,599
Net Income
$528,140
Net Assets
$528,140
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,431,739
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $79,557
4.2%
Professional Fundraising Fees $0
Other Salaries and Wages $50,041
2.6%
Assets/Debt
Total Assets $2,821,348
Total Liabilities $2,293,208
Net Assets $528,140

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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