BLUE CROSS BLUE SHIELD OF MASSACHUSETTS HMO BLUE INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- BLUE CROSS BLUE SHIELD OF MASSACHUSETTS HMO BLUE INC (EIN 04-3362283)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-10
- IRS object ID
- 202103149349305220
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-10T14:51:37-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043362283 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Blue Cross Blue Shield of Massachusetts HMO | BusinessNameLine1Txt |
| Business Name Line2 | Blue Inc | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % MICHAEL CARDER | InCareOfNm |
| Business Name Control | BLUE | BusinessNameControlTxt |
| Phone | 6172465313 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 Huntington Ave Suite 1300 | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02199 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Andreana Santangelo | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 6172465313 | PhoneNum |
| Signature | 2021-11-10 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Andreana | PersonFirstNm |
| Person Last | Santangelo | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Andrew Dreyfus | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 Huntington Ave Suite 1300 | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 021997611 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $5,254,246,974 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.bluecrossma.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2005 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | It is a Health Maintenance Organization that provides medical and other health benefits to members through contracts with hospitals, physicians, nursing homes, etc. | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 0 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $5,195,260,278 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $5,176,150,285 | CYProgramServiceRevenueAmt |
| PY Investment Income | $56,416,688 | PYInvestmentIncomeAmt |
| CY Investment Income | $78,096,689 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $5,251,676,966 | PYTotalRevenueAmt |
| CY Total Revenue | $5,254,246,974 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $4,576,009,100 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $4,240,317,162 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $184,343,631 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $180,046,652 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $379,754,735 | PYOtherExpensesAmt |
| CY Other Expenses | $494,298,148 | CYOtherExpensesAmt |
| PY Total Expenses | $5,140,107,466 | PYTotalExpensesAmt |
| CY Total Expenses | $4,914,661,962 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $111,569,500 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $339,585,012 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,551,490,500 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,876,856,771 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $920,552,083 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $980,123,110 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,630,938,417 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,896,733,661 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE COMPANY OFFERS HEALTH MAINTENANCE ORGANIZATION SERVICES AND SUPPLEMENTARY PROGRAMS FOR THE BENEFIT OF ITS MEMBERS, PROVIDING HOSPITALIZATION, MEDICAL, AND OTHER HEALTH BENEFITS TO MEMBERS THROUGH CONTRACTS WITH HOSPITALS, PHYSICIANS, NURSING FACILITIES, AND OTHER HEALTH CARE PROVIDERS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Activity | 524114 | ActivityCd |
| Expense | $4,240,317,162 | ExpenseAmt |
| Revenue | $5,254,246,973 | RevenueAmt |
| Desc | Provision of hospital and medical benefits. | Desc |
| Total Program Service Expenses | $4,240,317,162 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | false | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 0 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (true) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (true) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL CARDER | PersonNm |
| Phone | 6172465313 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 HUNTINGTON AVENUE SUITE 1300 | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02199 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Andrew Dreyfus | |||||||||
| Director, President & CEO | 0.0 | 0.0 | Yes (X) | Yes (X) | $0 | $5,536,702 | $2,054,437 | ||
| Stephanie Lovell | |||||||||
| Director, EVP, Chief Legal Off | 0.0 | 0.0 | Yes (X) | Yes (X) | $0 | $2,372,764 | $807,742 | ||
| Andreana Santangelo | |||||||||
| Director, EVP & CFO | 0.0 | 0.0 | Yes (X) | Yes (X) | $0 | $2,187,743 | $965,954 | ||
| Richard Lynch | |||||||||
| SVP | 0.0 | 0.0 | Yes (X) | Yes (X) | $0 | $1,420,078 | $789,685 | ||
| Linda Williams | |||||||||
| SVP & Chief Audit Executive | 0.0 | 0.0 | Yes (X) | $0 | $765,571 | $285,748 | |||
| Laure Goldberg | |||||||||
| VP & Chief Actuary | 0.0 | 0.0 | Yes (X) | $0 | $565,468 | $159,423 | |||
| Anthony Criscuolo | |||||||||
| VP of Treasury and Investments | 0.0 | 0.0 | Yes (X) | $0 | $458,647 | $130,797 | |||
| Deborah Devaux | |||||||||
| Director, EVP, & COO | 0.0 | 0.0 | $0 | $576,520 | $512 | Yes (X) | |||
| Alona Abalos | |||||||||
| Vice President & Asst. Clerk | 0.0 | 0.0 | Yes (X) | $0 | $412,324 | $97,266 | |||
| Michael Sheehan | |||||||||
| Sales Director | 0.0 | 0.0 | $400,978 | $58,332 | $48,156 | Yes (X) | |||
| Richard Lewis | |||||||||
| Physician Reviewer | 0.0 | 0.0 | $111,468 | $195,606 | $55,455 | Yes (X) | |||
| Joseph Schwartz | |||||||||
| Physician Reviewer | 0.0 | 0.0 | $106,089 | $186,168 | $51,501 | Yes (X) | |||
| Kacee Sweet | |||||||||
| Sales Executive | 0.0 | 0.0 | $40,427 | $259,035 | $41,961 | Yes (X) | |||
| Kerim Munir | |||||||||
| Psychiatrist | 0.0 | 0.0 | $96,135 | $180,114 | $35,638 | Yes (X) | |||
| Mark Collura | |||||||||
| Assistant Treasurer | 0.0 | 0.0 | Yes (X) | $88,787 | $133,182 | $49,519 | |||
| Enrico Giammarco | |||||||||
| Assistant Treasurer | 0.0 | 0.0 | Yes (X) | $85,804 | $128,706 | $48,521 | |||
| Dorothy Puhy | |||||||||
| Chair | 0.0 | 0.0 | Yes (X) | $0 | $128,525 | $0 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $929,688 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $15,565,485 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $5,622,315 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 109 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | Province Or StateContractorAddress/ForeignAddress/ProvinceOrStateNm | CountryContractorAddress/ForeignAddress/CountryCd | Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|
| Perficient Inc | ||||||||||
| One Washington Mall 15th Fl | BOSTON | MA | 02108 | IT Consulting | $7,068,597 | |||||
| Cognizant Worldwide Limted | ||||||||||
| IT Consulting | $5,928,035 | 1 KINGDOM STREET | PADDINGTON CENTRAL | LONDON | UK | W2 6BD | ||||
| Sirius Computer Solutions Inc | ||||||||||
| 10100 Reunion Place Suite 500 | SAN ANTONIO | TX | 78216 | IT Consulting | $1,357,321 | |||||
| Ernst Young LLP | ||||||||||
| 200 Clarendon St | BOSTON | MA | 02116 | Financial Services | $1,219,300 | |||||
| McKinsey Co Inc | ||||||||||
| 55 East 52nd Street 21st Floor | NEW YORK | NY | 10022 | $1,045,222 | ||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 42 | CntrctRcvdGreaterThan100KCnt |
| Total Contributions | $0 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PREMIUMS EARNED | Desc |
| Business | 524114 | BusinessCd |
| Total Revenue Column | $5,176,150,285 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,176,150,285 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $5,176,150,285 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $46,901,587 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $46,901,587 | RelatedOrExemptFuncIncomeAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $31,195,102 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $31,195,102 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,254,246,974 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,254,246,974 | RelatedOrExemptFuncIncomeAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,240,317,162 | TotalAmt |
| Program Services | $4,240,317,162 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $213,807 | TotalAmt |
| Management And General | $213,807 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $144,425,481 | TotalAmt |
| Management And General | $144,425,481 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,663,242 | TotalAmt |
| Management And General | $5,663,242 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,901,091 | TotalAmt |
| Management And General | $20,901,091 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,843,031 | TotalAmt |
| Management And General | $8,843,031 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,203,936 | TotalAmt |
| Management And General | $1,203,936 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,441,786 | TotalAmt |
| Management And General | $1,441,786 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,060,374 | TotalAmt |
| Management And General | $23,060,374 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,803,105 | TotalAmt |
| Management And General | $104,803,105 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,346,815 | TotalAmt |
| Management And General | $5,346,815 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,075,924 | TotalAmt |
| Management And General | $5,075,924 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,035,463 | TotalAmt |
| Management And General | $40,035,463 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,444,192 | TotalAmt |
| Management And General | $10,444,192 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $772,168 | TotalAmt |
| Management And General | $772,168 | ManagementAndGeneralAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,909,457 | TotalAmt |
| Management And General | $32,909,457 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| OTHER - BROKER FEES | $99,905,399 | $99,905,399 | |
| OTHER - DUES AND ASSESSMENTS | $74,955,440 | $74,955,440 | |
| OTHER - MISC | $94,344,089 | $94,344,089 | $0 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,914,661,962 | TotalAmt |
| Program Services | $4,240,317,162 | ProgramServicesAmt |
| Management And General | $674,344,800 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,773,976 | BOYAmt |
| EOY | $42,356,524 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $101,036,729 | BOYAmt |
| EOY | $239,899,699 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $86,841,914 | BOYAmt |
| EOY | $71,103,231 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $146,633,023 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $57,804,884 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,961,673 | BOYAmt |
| EOY | $88,828,139 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,167,885,290 | BOYAmt |
| EOY | $1,377,077,058 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,040,685,441 | BOYAmt |
| EOY | $1,006,901,094 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,305,477 | BOYAmt |
| EOY | $50,691,026 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,551,490,500 | BOYAmt |
| EOY | $2,876,856,771 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,112,571 | BOYAmt |
| EOY | $29,295,703 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $188,298,486 | BOYAmt |
| EOY | $150,120,617 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $702,141,026 | BOYAmt |
| EOY | $800,706,790 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $920,552,083 | BOYAmt |
| EOY | $980,123,110 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,630,938,417 | BOYAmt |
| EOY | $1,896,733,661 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,630,938,417 | BOYAmt |
| EOY | $1,896,733,661 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,551,490,500 | BOYAmt |
| EOY | $2,876,856,771 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $339,585,012 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $12,820,387 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$86,610,155 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| Incl Escrow Custodial Acct Liab | false | InclEscrowCustodialAcctLiabInd |
| CY Minus3 Yr Endwmt Fund | CYMinus3YrEndwmtFundGrp | |
| CY Minus4 Yr Endwmt Fund | CYMinus4YrEndwmtFundGrp |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,546,776 | OtherCostOrOtherBasisAmt |
| Book Value | $7,546,776 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $109,045,125 | OtherCostOrOtherBasisAmt |
| Depreciation | $31,495,307 | DepreciationAmt |
| Book Value | $77,549,818 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $30,041,122 | OtherCostOrOtherBasisAmt |
| Depreciation | $26,309,577 | DepreciationAmt |
| Book Value | $3,731,545 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildingsGrp | |
| Total Book Value Land Buildings | $88,828,139 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (6 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| JOINT VENTURE- FIXED INCOME | $139,336,468 |
| JOINT VENTURE - COMMON STOCK | $171,813,586 |
| JOINT VENTURE - REAL ESTATE | $79,665,449 |
| JOINT VENTURE - OTHER UNAFFIL | $317,924,396 |
| JOINT VENTURE OTHER AFFILIATE | $13,161,195 |
| SURPLUS DEBENTURES-UNAFFIL. | $285,000,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $1,006,901,094 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)
| DescDesc | AmtAmt |
|---|---|
| CLAIMS UNPAID | $443,203,991 |
| AGGREGATE POLICY RESERVES | $111,566,400 |
| PREMIUMS RECEIVED IN ADVANCE | $135,985,134 |
| OTHER LIABILITIES | $86,950,535 |
| UNPAID CLAIMS ADJUSTMENT EXPEN | $4,772,135 |
| PAYABLE FOR SECURITIES | $18,228,595 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $800,706,790 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $5,254,246,974 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $5,254,246,974 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $5,254,246,974 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,914,661,962 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $4,914,661,962 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $4,914,661,962 | TotalExpensesPerForm990Amt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | Yes (true) | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | Yes (true) | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (16 entries)
| TitleTitleTxt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Andrew Dreyfus | |||||||||||||
| Director, President & CEO | $1,170,193 | $3,003,240 | $1,363,269 | $1,997,767 | $56,670 | $7,591,139 | $958,334 | ||||||
| Stephanie Lovell | |||||||||||||
| Director, EVP, Chief Legal Off | $603,750 | $1,202,261 | $566,753 | $767,459 | $40,283 | $3,180,506 | $402,500 | ||||||
| Alona Abalos | |||||||||||||
| Vice President & Asst. Clerk | $250,883 | $142,933 | $18,508 | $64,867 | $32,399 | $509,590 | $40,986 | ||||||
| Enrico Giammarco | |||||||||||||
| Assistant Treasurer | $105,000 | $22,633 | $1,073 | $8,367 | $20,746 | $157,819 | $70,000 | $15,089 | $715 | $5,578 | $13,830 | $105,212 | |
| Andreana Santangelo | |||||||||||||
| Director, EVP & CFO | $689,254 | $1,258,217 | $240,272 | $920,196 | $45,758 | $3,153,697 | $429,333 | ||||||
| Mark Collura | |||||||||||||
| Assistant Treasurer | $108,256 | $23,339 | $1,587 | $8,488 | $21,223 | $162,893 | $72,170 | $15,559 | $1,058 | $5,659 | $14,149 | $108,595 | |
| Deborah Devaux | |||||||||||||
| Director, EVP, & COO | $504,783 | $71,737 | $512 | $577,032 | $144,300 | ||||||||
| Richard Lewis | |||||||||||||
| Physician Reviewer | $157,721 | $36,325 | $1,560 | $11,631 | $23,694 | $230,931 | $89,879 | $20,700 | $889 | $6,628 | $13,502 | $131,598 | |
| Joseph Schwartz | |||||||||||||
| Physician Reviewer | $150,329 | $34,645 | $1,194 | $10,110 | $22,696 | $218,974 | $85,666 | $19,743 | $680 | $5,761 | $12,934 | $124,784 | |
| Laure Goldberg | |||||||||||||
| VP & Chief Actuary | $309,626 | $241,423 | $14,419 | $118,932 | $40,491 | $724,891 | $69,985 | ||||||
| Linda Williams | |||||||||||||
| SVP & Chief Audit Executive | $335,708 | $314,798 | $115,065 | $237,344 | $48,404 | $1,051,319 | |||||||
| Richard Lynch | |||||||||||||
| SVP | $600,000 | $788,228 | $31,850 | $737,365 | $52,320 | $2,209,763 | |||||||
| Anthony Criscuolo | |||||||||||||
| VP of Treasury and Investments | $281,665 | $169,804 | $7,178 | $94,059 | $36,738 | $589,444 | $32,083 | ||||||
| Michael Sheehan | |||||||||||||
| Sales Director | $16,255 | $40,000 | $2,077 | $2,847 | $3,269 | $64,448 | $111,738 | $274,962 | $14,278 | $19,568 | $22,472 | $443,018 | |
| Kacee Sweet | |||||||||||||
| Sales Executive | $55,565 | $184,626 | $18,844 | $6,991 | $29,305 | $295,331 | $8,672 | $28,814 | $2,941 | $1,091 | $4,574 | $46,092 | |
| Kerim Munir | |||||||||||||
| Psychiatrist | $147,397 | $32,542 | $175 | $9,293 | $13,943 | $203,350 | $78,672 | $17,369 | $94 | $4,960 | $7,442 | $108,537 | |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, line 1a: | The organization's senior management is expected to maintain a demanding travel schedule. The organization's Board of Directors has approved an accountable plan for payment and reimbursement for travel policies designed to assure that the organization is able to meet senior management's travel commitments. The organization permits appropriate travel and amenities for senior level management. Business travel is not taxable to those employees of the organization as compensation. |
| Part I, line 4a: | |
| Part I, line 4b: | The organization's officers participated in a supplemental non-qualified retirement plan sponsored by their employer, Blue Cross Blue Shield of Massachusetts, Inc. Payments were made to Deborah Devaux for $71,737 who is listed on Form 990 Part VII. The actuarially determined present value of the benefits accrued under this plan is included in each applicable individual's deferred compensation amount on this form. |
| Part I, lines 6a and 6b: | The employees of the organization listed participated in an incentive pay plan for leaders designed to recognize and reward significant accomplishments that have contributed to the overall success of the organization in the fulfillment of its organizational mission. The organization's goals are established at the beginning of the calendar year by the independent Board of Directors of Blue Cross Blue Shield of Massachusetts, Inc. ("BCBSMA"), a related party. These goals cover important measures of the organization's success such as net financial results, member satisfaction, and net membership growth. At the end of the year, results against those goals are reviewed by the BCBSMA Board of Directors under whose sole discretion the determination of any payout level is made. There is no guarantee that amounts will be paid for any calendar year. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Form 990 Part VI | FormAndLineReferenceDesc |
| Explanation | Part VI, Line 1b, 3, 6, 7a, 7b: The organization's Board of Directors are appointed by, and accountable to, the Board of Directors of Blue Cross and Blue Shield of Massachusetts, Inc., the organization's parent company, which is comprised of a majority of independent voting members and which reserves the right to act as the Board Committees of the organization. Part VI, Line 11a: The organization's Form 990 was prepared and reviewed by the organization's Finance Department with relevant input and review by subject matter personnel from throughout the organization. The completed Form 990 was provided to both the voting members of the governing board of the organization and designated representatives of the independent governing board of Blue Cross Blue Shield of Massachusetts, Inc. at the direction of the full Board of Directors. Part VI, Line 12a,b,&c: The avoidance of actual or perceived conflicts of interest is important to Blue Cross Blue Shield of Massachusetts and its related organizations. As a matter of corporate responsibility the Board ensures that the Company maintains a thorough and robust disclosure process. Members of the Board of Directors of the organization, its corporate officers, senior leaders, and select other associates participate in an annual Conflict of Interest disclosure process. The Conflict process is managed by the Blue Cross Blue Shield of Massachusetts Legal Department and is designed to identify, among other matters, self-reported financial relationships between the organization, its Directors, and senior management (including family members) and other organizations. The Conflict process provides an opportunity to evaluate and address as necessary actual or perceived conflicts of interest. The Conflict of Interest Policy, a Confidentiality Statement and a Disclosure Questionnaire are distributed annually to Directors, Officers, and members of senior management. Responses are subject to extensive evaluation by the Legal Department and Governance Committee. Recommendations and summary reports are provided to and evaluated annually by the Governance Committee. Part VI, Line 15a-15b: The Organization's senior level management services are provided by Blue Cross Blue Shield of Massachusetts, Inc., a related organization, under an arm's length services agreement. The organization's CEO is compensated solely by Blue Cross Blue Shield of Massachusetts Inc. The organization's CEO compensation is determined under the direction of the Human Resources Committee of the Blue Cross Blue Shield of Massachusetts, Inc. Board of Directors using market assessment information provided by independent compensation consultants. Final approval of the organization's CEO compensation is performed by the full Board of Directors of Blue Cross Blue Shield of Massachusetts, Inc. Part VI, Line 19: The organization's governing documents, conflict of interest policy, and financial statements are available at the Company's headquarters at 101 Huntington Avenue, Suite 1300, Boston, MA 02199-7611. Part XI, Line 9: Other changes in net assets consists of the change in non-admitted assets ($86,610,155). | ExplanationTxt |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| BCBSMA Foundation for Expanding Healthca | |||||||||
| 101 Huntington Avenue Suite 1300 | Boston | MA | 02199 | 043148824 | See Supp Info | MA | 501(c)(3) | PF | NA |
| Healthcare Assistance Foundation Inc | |||||||||
| 101 Huntington Avenue Suite 1300 | Boston | MA | 02199 | 043453264 | See Supp Info | MA | 501(c)(3) | PF | NA |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Blue Cross and Blue Shield of MA Inc | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 Huntington Avenue Suite 1300 | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02199 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 041045815 | EIN |
| Primary Activities | See Suppl Inf | PrimaryActivitiesTxt |
| Legal Domicile State | MA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C Corporation | EntityTypeTxt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part II (1): | BCBSMA Foundation for Expanding Healthcare Access's primary activity is to provide and support education and research, foster health care innovation and reform, and develop, promote, and support programs to improve health care access. |
| Part II (2): | Health Care Assistance Foundation, Inc.'s primary activity is to provide and support education and research, foster health care innovation and reform, and develop, promote, and support programs to improve health care access. |
| Part IV (1): | Blue Cross and Blue Shield of Massachusetts, Inc. (the Parent Company) is organized for the purpose of establishing, maintaining and operating a nonprofit hospital and medical service company to provide hospital and medical care reimbursement for health services to its members. Hospitalization, medical and other health benefits are provided to members through contracts with hospitals, participating physicians, skilled nursing facilities, nursing homes, and other health care organizations. Blue Cross Blue Shield of Massachusetts HMO Blue, Inc. ("HMO Blue") is a wholly-controlled subsidiary organization of Blue Cross and Blue Shield of Massachusetts, Inc. ("BCBSMA"). The board of directors of HMO Blue is largely made up of officers of BCBSMA. HMO Blue board members are approved, appointed and operate under the direction by/of the board of directors of BCBSMA, an independent governing body. |