Nonprofit · EIN 84-3406871
HEALTH BENEFITS INSTITUTE
Tax-exempt · WASHINGTON, DC 20001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $200,000 | $142,242 | $57,758 | $185,889 | $0 | $185,889 |
| December 31, 2023 | 990 | $234,500 | $199,247 | $35,253 | $128,131 | $0 | $128,131 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $200,000
- Membership dues
- $200,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $3,129
- Program services (functional)
- $110,822
- Management and general (functional)
- $15,420
- Fundraising (functional)
- $16,000
Balance sheet and other
- Total assets, start of year
- $128,131
- Total assets, end of year
- $185,889
- Total liabilities, end of year
- $0
- Net assets, end of year
- $185,889
- Gross receipts
- $200,000
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2019
- State of legal domicile
- DC
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOEL WHITE | PRESIDENT Trustee or director, Officer | 1 | $0 |
| SANDY MONTICELLI | TRESURER, VP FINANCE Trustee or director, Officer | 1 | $0 |
| JOSEPH JP WIESKE | EXECUTIVE DIRECTOR Trustee or director, Officer | 10 | $0 |
| GUARANTEE TRUST | DIRECTOR Institutional trustee | 1 | $0 |
| ALLIED NATIONAL INC | DIRECTOR Institutional trustee | 1 | $0 |
| FIDELITY SECURITY | DIRECTOR Institutional trustee | 1 | $0 |
| AXIS CAPITAL | DIRECTOR Institutional trustee | 1 | $0 |
| BCS FINANCIAL CORPORATION | DIRECTOR Institutional trustee | 1 | $0 |
| HEALTHCARECOM | DIRECTOR Institutional trustee | 1 | $0 |
| AFLAC | DIRECTOR Institutional trustee | 1 | $0 |
| PAN-AMERICAN ACCIDENT & HEALTH | DIRECTOR Institutional trustee | 1 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOEL WHITE | PRESIDENT Trustee or director, Officer | 1 | $0 |
| SANDY MONTICELLI | TRESURER, VP FINANCE Trustee or director, Officer | 1 | $0 |
| JOSEPH JP WIESKE | EXECUTIVE DIRECTOR Trustee or director, Officer | 10 | $0 |
| GUARANTEE TRUST | DIRECTOR Institutional trustee | 1 | $0 |
| ALLIED NATIONAL INC | DIRECTOR Institutional trustee | 1 | $0 |
| MED SENSE GUARANTEE | DIRECTOR Institutional trustee | 1 | $0 |
| FIDELITY SECURITY | DIRECTOR Institutional trustee | 1 | $0 |
| AXIS CAPITAL | DIRECTOR Institutional trustee | 1 | $0 |
| AMERICAN NATIONAL | DIRECTOR Institutional trustee | 1 | $0 |
| HEALTHCARECOM | DIRECTOR Institutional trustee | 1 | $0 |
| AFLAC | DIRECTOR Institutional trustee | 1 | $0 |
| PAN-AMERICAN ACCIDENT & HEALTH | DIRECTOR Institutional trustee | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 440 1ST ST NW STE 430, WASHINGTON, DC 20001-2395
- In care of
- % SANDY MONTICELLI
- Principal officer (990 for 2024)
- JOEL WHITE, 440 1ST STREET NW, WASHINGTON, DC 20001
- Signed the 990
- SANDY MONTICELLI, TREASURER & VP FINANCE
- Phone
- (202) 643-8645
- Return prepared by
- CHOSEN FINANCIAL LLC
Mission
TO PROMOTE FREE-MARKET THOUGHT LEADERSHIP AND SOUND POLICY SOLUTIONS TO THE BIGGEST CHALLENGES IN HEALTH CARE.
Program accomplishments
- ADVOCACY AND POLICY INITIATIVES ON ISSUES FACING HEALTH CARE IN THE FEDERAL AND STATE LEVELS.Expenses $77,575
- CONSUMER PROTECTION AND STANDARDS TO ENSURE THAT WE HAVE A MARKET THAT FUNCTIONS WELL FOR EMLOYERS AND CONSUMERS.Expenses $33,247
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 84-3406871
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E60)
- Assets (IRS master file)
- $185,889
- Income (IRS master file)
- $200,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $200,000 | $142,242 | $185,889 | XML |
| 990 | December 2023 | $234,500 | $199,247 | $128,131 | XML |
| 990 | December 2022 | $180,000 | $186,741 | $92,878 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
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 84-3406871).
Questions about HEALTH BENEFITS INSTITUTE
- What is the EIN of HEALTH BENEFITS INSTITUTE?
- The employer identification number (EIN) of HEALTH BENEFITS INSTITUTE is 84-3406871.
- Is HEALTH BENEFITS INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2020.
- Are donations to HEALTH BENEFITS INSTITUTE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does HEALTH BENEFITS INSTITUTE 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 HEALTH BENEFITS INSTITUTE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HEALTH BENEFITS INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of HEALTH BENEFITS INSTITUTE?
- The 990 for the year ended December 31, 2024 names JOEL WHITE.
- Who are the officers and directors of HEALTH BENEFITS INSTITUTE?
- The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
- How much revenue does HEALTH BENEFITS INSTITUTE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $200,000, expenses of $142,242 and total assets of $185,889 at year end.
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