Bluecross Blueshield Of South Carolina

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 202017750 ✦ Chicago, IL ✦ Designated as a 501(c)(9)

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Overview

What is Bluecross Blueshield Of South Carolina?

Bluecross Blueshield of South Carolina is a nonprofit organization, specifically categorized as a Voluntary Employee's Beneficiary Association (VEBA). This association focuses on providing health and wellness benefits to its members. Operating within the framework of fraternal beneficiary societies and voluntary employees associations, Bluecross Blueshield of South Carolina works towards enhancing the health and financial security of its members. The organization's activities are geared towards offering health benefits, making it a crucial part of the community's well-being.

Is Bluecross Blueshield Of South Carolina legitimate?

Bluecross Blueshield Of South Carolina is a legitimate nonprofit organization registered as a 501(c)(9) entity. Bluecross Blueshield Of South Carolina submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Bluecross Blueshield Of South Carolina?

Bluecross Blueshield of South Carolina functions as a Voluntary Employee's Beneficiary Association (VEBA), falling under the categories of fraternal beneficiary societies and voluntary employees associations. The organization's mission, in essence, is to provide and facilitate health benefits for its members. While the information does not explicitly state a mission statement, it can be inferred that the association aims to serve its members by offering health-related benefits, aligning with the general purpose of VEBAs. However, due to the limited provided data, a comprehensive mission statement cannot be accurately summarized.

What is the revenue of Bluecross Blueshield Of South Carolina?

Bluecross Blueshield Of South Carolina's revenue in 2024 was $583,603.

Who are the executives of Bluecross Blueshield Of South Carolina and what are their salaries?

There is 1 key member and their salary:


The Northern Trust Company (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bluecross Blueshield Of South Carolina?

Bluecross Blueshield Of South Carolina's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Bluecross Blueshield Of South Carolina

Bluecross Blueshield of South Carolina, functioning as a Voluntary Employee's Beneficiary Association, is primarily focused on this category of societies and associations. In this role, the organization provides benefits and support to its members. Categorized under fraternal beneficiary societies and voluntary employees associations, Bluecross Blueshield of South Carolina operates with a mission to provide and facilitate these benefits for its members. This Voluntary Employee's Beneficiary Association aims to enhance the well-being and welfare of its members through its various offerings.

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Impact




October, 2024

Bluecross Blueshield of South Carolina plays a significant role in providing essential health benefits and support systems for its members through its operations as a Voluntary Employee's Beneficiary Association. Focused on mutual benefit, it fosters a strong sense of community among its members by offering various resources designed to enhance their health and well-being.

Operating primarily in Chicago, IL, the organization is categorized under fraternal beneficiary societies, emphasizing a commitment to serving individuals and families in need of medical and financial support. By facilitating access to healthcare services, Bluecross Blueshield of South Carolina not only mitigates the financial burden of medical expenses but also promotes overall wellness among its members.

The organization's mission centers on creating a safety net that empowers individuals, ensuring they can navigate health challenges with the assurance of support. This orientation not only bolsters personal health management but also contributes to broader community health outcomes, fostering resilience in the face of illness and injury.

In summary, Bluecross Blueshield of South Carolina significantly impacts individuals and communities by enhancing health security, promoting well-being, and building a network of support that encourages proactive health management and mutual care among its members.




This information is meant to be a general summary of Bluecross Blueshield Of South Carolina. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$583,603 (2024)
Expenses
$2,751,820 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $656,590
  • Gross Receipts: $2,761,551

Assets and Liabilities:

  • Total Assets: $18,950,564
  • Total Liabilities: $0
  • Net Assets: $18,950,564

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Organization Details

Founding Year

2004

Principal Officer

The Northern Trust Co

NTEE Category

Code: Y43 - Mutual benefit

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