Overview
What is Blue Cross Blue Shield Association Retiree Benefits Trust?
Blue Cross Blue Shield Association Retiree Benefits Trust is a nonprofit organization established with the primary goal of offering post-retirement health care and life insurance benefits to eligible retirees and their dependents, under the Blue Cross & Blue Shield Association's benefit program. Based in Chicago, Illinois, the trust operates with a dedicated mission to ensure the well-being of retired individuals by providing them with essential medical and insurance coverage. The trust serves as a crucial support system, ensuring retirees can maintain their health and quality of life during their post-career phase.
Is Blue Cross Blue Shield Association Retiree Benefits Trust legitimate?
Blue Cross Blue Shield Association Retiree Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Blue Cross Blue Shield Association Retiree Benefits Trust 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.
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What is the mission statement of Blue Cross Blue Shield Association Retiree Benefits Trust?
The Blue Cross Blue Shield Association Retiree Benefits Trust was established with a specific purpose: to offer post-retirement health care and life insurance benefits to eligible retirees and their dependents, under the Blue Cross and Blue Shield Association's benefit programs. The trust's primary objective is to ensure the well-being of retirees by providing essential health care and life insurance coverage during their retirement years. The trust is committed to supporting the health and financial security of its beneficiaries, offering them peace of mind in their post-retirement phase. The trust's activities are centered around providing these benefits, aiming to maintain the health and well-being of its retiree population.
Who is the CEO of Blue Cross Blue Shield Association Retiree Benefits Trust?
John Banta is the Committee Member of Blue Cross Blue Shield Association Retiree Benefits Trust.
What is the revenue of Blue Cross Blue Shield Association Retiree Benefits Trust?
Blue Cross Blue Shield Association Retiree Benefits Trust's revenue in 2022 was $7,122,339.
Who are the executives of Blue Cross Blue Shield Association Retiree Benefits Trust and what are their salaries?
Here are 18 key members and their salaries:
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Where can I find the form 990 for Blue Cross Blue Shield Association Retiree Benefits Trust?
Blue Cross Blue Shield Association Retiree Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Blue Cross Blue Shield Association Retiree Benefits Trust
The Blue Cross Blue Shield Association Retiree Benefits Trust was established with a singular objective: to extend post-retirement healthcare and life insurance benefits to eligible retirees and their dependents, as part of the Blue Cross and Blue Shield Association's benefit programs. This nonprofit organization is dedicated to ensuring that retirees under its purview maintain a certain level of wellness and security even in their post-career years. By providing these essential benefits, the Blue Cross Blue Shield Association Retiree Benefits Trust plays a crucial role in safeguarding the health and financial stability of its beneficiaries.
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Impact
October, 2024
The Blue Cross Blue Shield Association Retiree Benefits Trust plays a significant role in supporting the health and well-being of eligible retirees and their dependents. By providing post-retirement health care and life insurance benefits, the Trust ensures that individuals who have contributed to the workforce can enjoy security and peace of mind in their retirement years. This initiative directly impacts retirees by offering them access to essential health care services and financial protection, ultimately enhancing their quality of life. The Trust's focus on mutual benefit fosters a supportive environment for retirees, allowing them to focus on their health and wellness without the burden of significant medical expenses. This targeted assistance helps to sustain the financial health of retiree populations and promotes a sense of community among those connected to the Blue Cross Blue Shield Association.
This information is meant to be a general summary of Blue Cross Blue Shield Association Retiree Benefits Trust. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $7,122,339
- Gross Receipts: $11,872,649
Assets and Liabilities:
- Total Assets: $89,188,249
- Total Liabilities: $2,692,192
- Net Assets: $86,496,057
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Organization Details
Founding Year
1994
Phone
(312) 297-6000Principal Officer
John Banta
Main Address
225 NORTH MICHIGAN AVE, CHICAGO, IL, 60601
NTEE Category
Code: Y40 - Mutual benefit
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