Blue Beacon Inc Health Plan

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

EIN: 481105296 ✦ Salina, KS ✦ Designated as a 501(c)(9)

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Overview

What is Blue Beacon Inc Health Plan?

Blue Beacon Inc Health Plan is a nonprofit organization based in Salina, Kansas, dedicated to offering life and health benefits to its approximately 2,855 members and their dependents. Established to provide essential health coverage, the plan had previously included life insurance benefits until May 2019.

Is Blue Beacon Inc Health Plan legitimate?

Blue Beacon Inc Health Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Blue Beacon Inc Health Plan 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 Blue Beacon Inc Health Plan?

The Blue Beacon Inc Health Plan aims to offer life and health benefits to employees and their dependents. With around 2,855 members as of December 2019, this health plan provides essential coverage. Previously, the plan also included life insurance benefits for its members until May 2019.

Who is the CEO of Blue Beacon Inc Health Plan?

Charles Tuttle is the Trustee of Blue Beacon Inc Health Plan.

What is the revenue of Blue Beacon Inc Health Plan?

Blue Beacon Inc Health Plan's revenue in 2022 was $16,497,021.

Who are the executives of Blue Beacon Inc Health Plan and what are their salaries?

There 3 volunteers at Blue Beacon Inc Health Plan.


Here are 3 key members and their salaries:


Morrie J Soderberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Tuttle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trace E Walker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Blue Beacon Inc Health Plan?

Blue Beacon Inc Health Plan's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Blue Beacon Inc Health Plan

Blue Beacon Inc Health Plan, a leading benefits provider, is dedicated to enhancing the wellbeing of its employees and their dependents. With a membership of approximately 2,855 individuals as of December 31, 2019, the organization offers essential life and health benefits to enrich their lives. Prior to May of 2019, Blue Beacon Inc Health Plan extended its reach by providing life insurance coverage as part of its comprehensive benefits package. The mission of Blue Beacon Inc Health Plan is to ensure that its members have access to essential health and life benefits, bringing peace of mind to their daily lives.

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Impact




October, 2024

Blue Beacon Inc Health Plan has a significant impact on the well-being of its members by providing essential health benefits to employees and their dependents in Salina, Kansas. With approximately 2,855 members as of December 31, 2019, the plan plays a crucial role in ensuring access to healthcare services, promoting overall health and wellness within the community.

The availability of the Blue Beacon International Major Medical Plan empowers employees by offering financial protection against medical expenses, which can alleviate stress and enhance productivity in the workplace. Furthermore, the cessation of life insurance benefits in May 2019 marks a shift in focus, allowing the organization to concentrate on providing comprehensive health coverage tailored to the needs of its members.

Overall, the health plan contributes to a healthier workforce, supports the local economy, and fosters a sense of mutual benefit among its members, ensuring they can live healthier, more secure lives.




This information is meant to be a general summary of Blue Beacon Inc Health Plan. 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
$16,497,021 (2022)
Expenses
$16,967,787 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,515
  • Program Service Revenue: $16,495,506
  • Gross Receipts: $16,497,021

Assets and Liabilities:

  • Total Assets: $755,198
  • Total Liabilities: $473,834
  • Net Assets: $281,364

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRIBUTIONS-EMPLOYER

Revenue

$11,225,013

CONTRIBUTIONS - PARTIC

Revenue

$3,982,565

STOP LOSS AND OTHER RE

Revenue

$1,240,953

COBRA RECEIPTS

Revenue

$46,975

Organization Details

Founding Year

1990

Principal Officer

Charles Tuttle

Main Address

PO BOX 856, SALINA, KS, 67402

NTEE Category

Code: Y40 - Mutual benefit

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