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Nonprofit · EIN 45-1294709

NEW MEXICO HEALTH CONNECTIONS

Tax-exempt · FARMINGTON, CT 06032

Financials

$1M$4.4M2023$723K$496K2024$4.2M$37K2025
Revenue Expenses · by fiscal year end
Financials of NEW MEXICO HEALTH CONNECTIONS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$4,241,239$36,743$4,204,496$20,320,496$31,647,735-$11,327,239
December 31, 2024990$723,178$496,062$227,116$16,108,787$31,650,031-$15,541,244
December 31, 2023990$1,031,766$4,442,493-$3,410,727$16,067,999$31,657,120-$15,589,121
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$5,178
Other revenue
$4,236,061

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$2,301

Balance sheet and other

Total assets, start of year
$16,108,787
Total assets, end of year
$20,320,496
Total liabilities, end of year
$31,647,735
Net assets, end of year
-$11,327,239
Publicly traded securities
$439,063
Gross receipts
$4,241,239
Employees
0
Volunteers
0
Year formed
2011
State of legal domicile
NM

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
RISK REGULATORY CONSULTING LLCSPECIAL DEPUTY RECEIVER
Trustee or director
8$13,132
990 for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
RISK REGULATORY CONSULTING LLCSPECIAL DEPUTY RECEIVER
Trustee or director
8$70,979
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
RISK REGULATORY CONSULTING LLCSPECIAL DEPUTY RECEIVER
Trustee or director
40$222,499

Address and contacts

Address (IRS master file)
20 BATTERSON PARK RD STE 380, FARMINGTON, CT 06032-4500
In care of
% VIRGINIA WECTY
Mailing address (990-N for 2012)
2440 Louisiana Blvd NE Suite 601, Albuquerque NM 87110
Principal officer (990 for 2025)
JAN M MOENCK, 20 BATTERSON PARK ROAD 380, FARMINGTON, CT 06032
Principal officer (990-N for 2012)
Nandini Kuehn, 102 Palacio Rd, Corrales NM 87048
Signed the 990
JAN M MOENCK, SPECIAL DEPUTY RECEIVER
Phone
(866) 668-9002
Return prepared by
PLANTE & MORAN PLLC

Mission

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.

990 for the year ended December 31, 2025

Program accomplishments

  • ON MARCH 19, 2021, THE SECOND JUDICIAL DISTRICT COURT, BERNALILLO COUNTY, ORDERED NEW MEXICO HEALTH CONNECTIONS ("NMHC THE "COMPANY") INTO LIQUIDATION. RISK AND REGULATORY CONSULTING, LLC WAS APPOINTED AS SPECIAL DEPUTY RECEIVER. NEW MEXICO HEALTH CONNECTIONS HAS NOT CONDUCTED ACTIVE PROGRAM OPERATIONS DURING THE REPORTING PERIOD AND EXISTS SOLELY TO ADMINISTER THE WINDDOWN OF THE ORGANIZATION UNDER COURT SUPERVISION. REVENUES REPORTED FOR THE YEAR CONSIST PRIMARILY OF POSTLIQUIDATION RECOVERIES, INCLUDING LITIGATION SETTLEMENTS AND RECOVERIES OF PRIOR RECEIVABLES. THESE AMOUNTS ARE NOT RELATED TO ONGOING PROGRAM ACTIVITIES. ALL FUNDS ARE USED TO SATISFY CREDITOR CLAIMS, COURTAPPROVED DISTRIBUTIONS, AND ADMINISTRATIVE COSTS OF THE LIQUIDATION ESTATE, AND ARE NOT USED TO RESUME OR RESTART OPERATIONS. PRIOR TO LIQUIDATION, NEW MEXICO HEALTH CONNECTIONS WAS A PRIVATE, NONPROFIT COMPANY ESTABLISHED UNDER INTERNAL REVENUE CODE 501(C)(29) THAT WAS INCORPORATED IN THE STATE OF NEW MEXICO IN FEBRUARY 2011. ON FEBRUARY 17, 2012, THE COMPANY BECAME A QUALIFIED NONPROFIT HEALTH INSURANCE ISSUER UNDER THE CONSUMER-OPERATED AND ORIENTED PLAN (CO-OP) PROGRAM ESTABLISHED BY SECTION 1322 OF THE AFFORDABLE CARE ACT AND APPLICABLE REGULATIONS. UNDER THIS PROGRAM, THE COMPANY RECEIVED STARTUP AND SOLVENCY LOANS FROM THE UNITED STATES DEPARTMENT OF HEALTH AND HUMAN SERVICES, CENTERS FOR MEDICARE AND MEDICAID SERVICES (CMS). THE COMPANY WAS GOVERNED BY ITS BOARD OF DIRECTORS, WHICH HAVE THE AUTHORITY AND RESPONSIBILITY FOR MANAGEMENT, CONTROL, AND ADMINISTRATION OF THE COMPANY. THE COMPANY RECEIVED ITS CERTIFICATE OF AUTHORITY FROM THE STATE OF NEW MEXICO PUBLIC REGULATION COMMISSION, INSURANCE DIVISION IN FEBRUARY 2013. THE PRIMARY MISSION OF THE COMPANY WAS TO PROVIDE AFFORDABLE COMMUNITY HEALTH CARE INSURANCE ACROSS THE STATE OF NEW MEXICO TO THE INDIVIDUAL AND SMALL GROUP MARKETS. THE COMPANY BEGAN OPEN ENROLLMENT IN OCTOBER 2013, FOR AN EFFECTIVE INSURANCE COVERAGE DATE OF JANUARY 1, 2014. THE COMPANY WAS FOCUSED ON THE WELL-BEING OF PARTIES BY MAKING SURE THEIR HEALTH CARE WAS COORDINATED AT EVERY LEVEL AND THAT A STRONG NETWORK OF PRIMARY CARE PROVIDERS WAS AVAILABLE TO ENSURE GOOD HEALTH OF OUR MEMBERS. THE COMPANY'S PRIORITY WAS TO KEEP MEMBERS HEALTHY, LOWERING PREMIUM COSTS AND DELIVERING APPROPRIATE LEVELS OF CARE AT THE RIGHT TIME TO KEEP MEMBERS HOME AND OUT OF UNNECESSARY HOSPITAL STAYS. THIS WAS ACCOMPLISHED BY PROVIDING COMMUNITY-BASED CASE MANAGEMENT TO ENSURE THE MEMBERS WERE WELL CARED FOR.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-1294709
Tax-exempt status
501(c)(29)
Donations deductible
No
Exempt since
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$20,320,496
Income (IRS master file)
$4,241,239

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$4,241,239$36,743$20,320,496XML
990December 2024$723,178$496,062$16,108,787XML
990December 2023$1,031,766$4,442,493$16,067,999XML
990December 2022$2,459,980$729,085$17,415,397IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS
990-N for 2012
Officer: Nandini Kuehn
December 31, 2012≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-1294709).

Questions about NEW MEXICO HEALTH CONNECTIONS

What is the EIN of NEW MEXICO HEALTH CONNECTIONS?
The employer identification number (EIN) of NEW MEXICO HEALTH CONNECTIONS is 45-1294709.
Is NEW MEXICO HEALTH CONNECTIONS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(29) since 2012.
Are donations to NEW MEXICO HEALTH CONNECTIONS tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NEW MEXICO HEALTH CONNECTIONS file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NEW MEXICO HEALTH CONNECTIONS due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEW MEXICO HEALTH CONNECTIONS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of NEW MEXICO HEALTH CONNECTIONS?
The 990 for the year ended December 31, 2025 names JAN M MOENCK.
Who are the officers and directors of NEW MEXICO HEALTH CONNECTIONS?
The 990 for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $13,132 (RISK REGULATORY CONSULTING LLC, SPECIAL DEPUTY RECEIVER).
How much revenue does NEW MEXICO HEALTH CONNECTIONS have?
On its 990 for the year ended December 31, 2025 it reported revenue of $4,241,239, expenses of $36,743 and total assets of $20,320,496 at year end.

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