Civic Intelligence

Blue Cross and Blue Shield Foundation on Health Care

990 • Fiscal year 2023 • EIN 23-7164980

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 06, 2024

200 E Randolph StreetChicago, IL 60601

(312) 297-6000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

0.51x

Higher debt load relative to assets than 90% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

85th percentile

0.14x

Higher debt load relative to revenue than 85% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

42nd percentile

-0.1%

Higher net margin than 42% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

100th percentile

$6,041,415

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 1595.1% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

50th percentile

0.8%

Faster asset growth than 50% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

98th percentile

631%

Faster revenue growth than 98% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$102,810

Up $817 (+0.8%) from 2022

Net Assets

Down

$50,329

Down $356 (-0.7%) from 2022

Liabilities

Up

$52,481

Up $1,173 (+2.3%) from 2022

Revenue

Up

$378,739

Up $326,917 (+631%) from 2022

Expenses

Up

$379,095

Up $326,910 (+626%) from 2022

Net Income

Up

-$356

Up $7 (+1.9%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2019: $56,500Liabilities 2019: $4,680Net Assets 2019: $51,8202019Assets 2020: $86,892Liabilities 2020: $35,484Net Assets 2020: $51,4082020Assets 2021: $106,440Liabilities 2021: $55,392Net Assets 2021: $51,0482021Assets 2022: $101,993Liabilities 2022: $51,308Net Assets 2022: $50,6852022Assets 2023: $102,810Liabilities 2023: $52,481Net Assets 2023: $50,3292023Assets 2024: $152,375Liabilities 2024: $100,220Net Assets 2024: $52,1552024

Highlighted filing

2023

Assets$102,810
Liabilities$52,481
Net Assets$50,329

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2019: $4,663Expenses 2019: $5,176Net Income 2019: -$5132019Revenue 2020: $57,217Expenses 2020: $57,629Net Income 2020: -$4122020Revenue 2021: $58,213Expenses 2021: $58,573Net Income 2021: -$3602021Revenue 2022: $51,822Expenses 2022: $52,185Net Income 2022: -$3632022Revenue 2023: $378,739Expenses 2023: $379,095Net Income 2023: -$3562023Revenue 2024: $102,417Expenses 2024: $100,591Net Income 2024: $1,8262024

Highlighted filing

2023

Revenue$378,739
Expenses$379,095
Net Income-$356
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 6, 2024
Return Version
2023v5.1
Gross Receipts
$378,739
Mission and Program Overview

Mission

The organization's tax exempt purpose is promoted through charitable, educational and scientific purposes. The focus of the organization is on addressing social determinants of health, enabling healthier living, and improving healthcare quality.

See scehdule oaddressing social determinants of health, enabling healthier living, and improving healthcare quality.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$51,773$51,522▼ $251
Rtn Earn Endowment Incm Other Fnds$50,685$50,329▼ $356
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$101,993$102,810▲ $817
Other Assets Total$50,220$51,288▲ $1,068
Liabilities
Other Liabilities$51,308$52,481▲ $1,173
Total Liabilities$51,308$52,481▲ $1,173
Net Assets / Fund Balance
Total Net Assets Fund Balance$50,685$50,329▼ $356
Total Liabilities and Net Assets / Fund Balance$101,993$102,810▲ $817

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$51,288--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kim KeckPresident and Board Member
Jennifer VachonVice President and Board Member
W Scott NehsSecretary and Board Member
Christina FisherTreasurer and Board Member
Revenue and Support

Revenue Composition

Contributions and Grants
$378,739
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$328,739
Change in Net Assets
$-356
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$378,693
Other Expenses$402
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$378,693--$378,693
Other Expenses-$45-$45
Total Functional Expenses$378,693$402$0$379,095
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Boys and Girls Club of AmericaAtlanta, GA501(c)(3)General Mission Support$326,212
Feeding AmericaChicago, IL501(c)(3)General Mission Support$13,745
Howard Brown HealthChicago, IL501(c)(3)General Mission Support$12,780
Naacp Legal Defense FundNew York, NY501(c)(3)General Mission Support$12,600
Whitman Walker HealthWashington, DC501(c)(3)General Mission Support$12,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Grants Payable$52,481
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The board retains the services of an independent cpa firm to prepare the organization's form 990. Form 990 content and sources of information are reviewed by subject matter experts including, but not limited to, tax, accounting professionals and legal counsel. Finalizing the return draft consists of discussions between such subject matter experts regarding the numeric results and written responses to select return questions.

Form 990, Part VI, Section B, Line 12C

The board of directors of the foundation are employees of bcbsa and as such are covered by the conflict of interest policy of bcbsa. Bcbsa maintains a comprehensive code of conduct and compliance program applicable to all employees and officers. In addition, all employees, officers, and board members are required to complete an annual conflict of interest form. The bcbsa chief auditor and compliance officer is charged with investigating any allegations of non-compliance with the code of conduct, including any complaints reported through the anonymous hotline maintained through an independent organization. The results of the compliance program's effectiveness are reported to the finance and audit committee of the board of directors on an annual basis. Failure to adhere to the code of conduct may result in disciplinary action, up to and including termination of employment.

Form 990, Part VI, Section B, Line 15

The organization does not compensate any directors, officers, or key employees. Compensation reported on this return is paid by a related organization, bcbsa, for services provided to bcbsa. As such, bcbsa determines compensation for the individuals reported.

Form 990, Part VI, Section C, Line 19

The governing documents and form 990 are made available upon request.

Filing and Contact Details

Filer

Filer Name
Blue Cross and Blue Shield Foundation
EIN
23-7164980
Phone
3122976000
Address
200 E RANDOLPH STREET, CHICAGO, IL 60601

Signing Officer

Name
Christina Fisher
Title
Treasurer
Phone
3122976000
Signed
2024-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kim Keck
Formed
1969
Legal Domicile
Il
Voting Board Members
4
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Plante & Moran Pllc
Address
10 S RIVERSIDE PLAZA 9TH FLOOR, CHICAGO, IL 60606
Preparer
David Lowenthal
Phone
3122071040
Raw XML AppendixShowing 400 of 500 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL MISSION SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2GENERAL MISSION SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3GENERAL MISSION SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4GENERAL MISSION SUPPORT
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4WHITMAN WALKER HEALTH
IRS990ScheduleI/RecipientTable/RecipientEIN0135562976
IRS990ScheduleI/RecipientTable/RecipientEIN1363673599
IRS990ScheduleI/RecipientTable/RecipientEIN2362894128
IRS990ScheduleI/RecipientTable/RecipientEIN3131655255
IRS990ScheduleI/RecipientTable/RecipientEIN4521122122
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt24025 N SHERIDAN RD
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd310006
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd420009
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION MANAGEMENT SELECTS ORGANIZATIONS SUPPORTING HEALTHY LIVING ON A DISCRETIONARY BASIS. THE FOUNDATION CONFIRMS WITH THE RECIPIENT THAT FUNDS ARE EXPENDED. THE FOUNDATION DOES NOT MAKE RESTRICTIVE GRANTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
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IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt11119400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt2439300
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt3343100
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt01482893
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1705981
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2562117
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3569975
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt24586
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt32602
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KIM KECK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JENNIFER VACHON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2W SCOTT NEHS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3CHRISTINA FISHER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT AND BOARD MEMBER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VICE PRESIDENT AND BOARD MEMBER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2SECRETARY AND BOARD MEMBER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3TREASURER AND BOARD MEMBER
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
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IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0KIM KECK PARTICIPATES IN A NON-QUALIFIED SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP). THERE WERE NO DISTRIBUTIONS FROM THE PLAN DURING 2023.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 4B
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. FORM 990 CONTENT AND SOURCES OF INFORMATION ARE REVIEWED BY SUBJECT MATTER EXPERTS INCLUDING, BUT NOT LIMITED TO, TAX, ACCOUNTING PROFESSIONALS AND LEGAL COUNSEL. FINALIZING THE RETURN DRAFT CONSISTS OF DISCUSSIONS BETWEEN SUCH SUBJECT MATTER EXPERTS REGARDING THE NUMERIC RESULTS AND WRITTEN RESPONSES TO SELECT RETURN QUESTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS OF THE FOUNDATION ARE EMPLOYEES OF BCBSA AND AS SUCH ARE COVERED BY THE CONFLICT OF INTEREST POLICY OF BCBSA. BCBSA MAINTAINS A COMPREHENSIVE CODE OF CONDUCT AND COMPLIANCE PROGRAM APPLICABLE TO ALL EMPLOYEES AND OFFICERS. IN ADDITION, ALL EMPLOYEES, OFFICERS, AND BOARD MEMBERS ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST FORM. THE BCBSA CHIEF AUDITOR AND COMPLIANCE OFFICER IS CHARGED WITH INVESTIGATING ANY ALLEGATIONS OF NON-COMPLIANCE WITH THE CODE OF CONDUCT, INCLUDING ANY COMPLAINTS REPORTED THROUGH THE ANONYMOUS HOTLINE MAINTAINED THROUGH AN INDEPENDENT ORGANIZATION. THE RESULTS OF THE COMPLIANCE PROGRAM'S EFFECTIVENESS ARE REPORTED TO THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. FAILURE TO ADHERE TO THE CODE OF CONDUCT MAY RESULT IN DISCIPLINARY ACTION, UP TO AND INCLUDING TERMINATION OF EMPLOYMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT COMPENSATE ANY DIRECTORS, OFFICERS, OR KEY EMPLOYEES. COMPENSATION REPORTED ON THIS RETURN IS PAID BY A RELATED ORGANIZATION, BCBSA, FOR SERVICES PROVIDED TO BCBSA. AS SUCH, BCBSA DETERMINES COMPENSATION FOR THE INDIVIDUALS REPORTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS AND FORM 990 ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0364176277
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0COMMUNITY HEALTH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0BLUE CROSS BLUE SHIELD BENEFIT CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0200 E RANDOLPH ST
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0CHICAGO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd060601
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0BLUE CROSS BLUE SHIELD ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BLUE CROSS BLUE SHIELD ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1HEALTH SERVICES FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0135656874
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1237011867
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(4)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0BCBSA SERVES ITS INDEPENDENT MEMBER INSURANCE PLANS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1EDUCATIONAL RESEARCH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0200 E RANDOLPH ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1200 E RANDOLPH ST

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