Bcbsm Bargaining Unit Internal Health Benefit Trust

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

EIN: 846869872 ✦ Detroit, MI ✦ Designated as a 501(c)(9)

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Overview

What is Bcbsm Bargaining Unit Internal Health Benefit Trust?

Bcbsm Bargaining Unit Internal Health Benefit Trust is a nonprofit organization, specifically established to provide health benefits to eligible employees of Blue Cross Blue Shield of Michigan. Situated in Detroit, Michigan, this trust operates with the sole mission of extending comprehensive healthcare coverage to its employees. The trust's activities are centered around this primary purpose, ensuring that the employees of Blue Cross Blue Shield of Michigan have access to appropriate health benefits.

Is Bcbsm Bargaining Unit Internal Health Benefit Trust legitimate?

Bcbsm Bargaining Unit Internal Health Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Bcbsm Bargaining Unit Internal Health Benefit 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $187,314
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Bcbsm Bargaining Unit Internal Health Benefit Trust?

The Bcbsm Bargaining Unit Internal Health Benefit Trust was established with a singular purpose. Its mission is centered around providing health benefits to eligible employees of Blue Cross Blue Shield of Michigan. The trust's primary activity revolves around extending these health benefits to its eligible workforce, contributing to their overall well-being and health care needs.

Who is the CEO of Bcbsm Bargaining Unit Internal Health Benefit Trust?

Waymond Harris is the Administrative Committee Member of Bcbsm Bargaining Unit Internal Health Benefit Trust.

What is the revenue of Bcbsm Bargaining Unit Internal Health Benefit Trust?

Bcbsm Bargaining Unit Internal Health Benefit Trust's revenue in 2022 was -$15,598,847.

Who are the executives of Bcbsm Bargaining Unit Internal Health Benefit Trust and what are their salaries?


Here are 6 key members and their salaries:


Waymond Harris (Administrative Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Mozak (Administrative Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Parmely (Administrative Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Pisarik (Administrative Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yvonne Trupiano (Administrative Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
The Northern Trust Company (Trustee)
  • Compensation: $187,314
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bcbsm Bargaining Unit Internal Health Benefit Trust?

Bcbsm Bargaining Unit Internal Health Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bcbsm Bargaining Unit Internal Health Benefit Trust

The Bcbsm Bargaining Unit Internal Health Benefit Trust was established with a singular focus: to provide health benefits to eligible employees of Blue Cross Blue Shield of Michigan. This nonprofit organization is dedicated to enhancing the well-being of its beneficiaries by offering comprehensive healthcare services. The trust's mission is to serve as a reliable source of health benefits, contributing to the overall health and wellness of its employees. By offering these benefits, the trust aims to support the employees of Blue Cross Blue Shield of Michigan in maintaining their health and supporting their overall quality of life.

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Impact




October, 2024

The Bcbsm Bargaining Unit Internal Health Benefit Trust plays a crucial role in enhancing the well-being of eligible employees at Blue Cross Blue Shield of Michigan by providing essential health benefits. This support ensures that employees have access to necessary medical care, services, and resources, contributing to their overall health and job satisfaction. By focusing on health benefits, the Trust helps foster a healthier workforce, which can lead to increased productivity and morale among employees.

Additionally, the Trust's exclusive mission of serving Blue Cross Blue Shield employees underscores its commitment to the mutual benefit of its members, reinforcing a supportive work environment that recognizes the importance of health and wellness in the workplace. In turn, this can positively influence employee retention and engagement, ultimately benefiting the organization as a whole.




This information is meant to be a general summary of Bcbsm Bargaining Unit Internal Health Benefit 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.

Revenue
-$15,598,847 (2022)
Expenses
$17,432,243 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$15,669,005
  • Program Service Revenue: $70,158
  • Gross Receipts: $270,791,709

Assets and Liabilities:

  • Total Assets: $417,631,947
  • Total Liabilities: $1,999,630
  • Net Assets: $415,632,317

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$70,158

Organization Details

Founding Year

2019

Principal Officer

Waymond Harris

Main Address

600 LAFAYETTE EAST MAIL CODE 1801, DETROIT, MI, 482262998

NTEE Category

Code: Y43 - Mutual benefit

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