GROUP HEALTH PROGRAM OF THE NATNL TELECOMMUNICATIONS COOP ASSOC
ASHEVILLE, NC 28803 · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $353,314,204 | $360,697,436 | $322,920,727 |
| FY2023 | $342,824,456 | $335,313,198 | $331,126,837 |
| FY2022 | $337,363,511 | $330,049,147 | $313,386,930 |
| FY2021 | $343,766,955 | $323,567,468 | $329,954,769 |
| FY2020 | $348,775,202 | $311,713,158 | $302,507,787 |
| FY2019 | $340,216,665 | $327,297,220 | $264,657,385 |
| FY2018 | $333,429,756 | $331,479,955 | $238,213,607 |
| FY2017 | $320,473,953 | $324,464,280 | $242,312,579 |
| FY2016 | $308,507,430 | $308,436,708 | $234,349,573 |
| FY2015 | $292,944,307 | $294,861,165 | $230,517,506 |
| FY2014 | $296,284,982 | $284,433,487 | $234,946,557 |
| FY2013 | $293,493,474 | $297,828,984 | $226,410,176 |
| FY2012 | $290,685,905 | $283,362,048 | $227,945,745 |
| FY2011 | $269,068,228 | $261,990,561 | $227,360,418 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $335,104,006 | 100% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2024.
- Net assets covered about 10.7 months of expenses at the end of the reporting year. That puts it in the 45th percentile among 510 Health Care organizations in NC.
- Total revenue was higher than 96.9% of 522 Health Care organizations in NC.
- Total revenue rose from $269,068,228 in FY2011 to $353,314,204 in FY2024, Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 4 of 14 reported years (FY2013, FY2015, FY2017, FY2024).
- Net assets grew from $227,360,418 to $322,920,727 between FY2011 and FY2024.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
To provide medical, dental, short & long-term disability, 24-hour accident & death benefits.
IRS status
| Ruling year | 1975 |
| Subsection | 501(c)(9) |
| Program area (NTEE) | E81Z — Health Care (in NC) |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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