Overview

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Est.

2016

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Blue Cross Blue Shield of Michigan Long Term Disability Trust (VEBA) is a nonprofit organization dedicated to providing long-term disability benefits to eligible employees of Blue Cross Blue Shield of Michigan. With an operating budget of $134.5K and total revenue of $56.5K for the fiscal year 2024, the organization focuses on supporting its beneficiaries through voluntary employees beneficiary associations and personal services. The trust operates exclusively within Michigan and does not rely on a single funder for 50% or more of its revenue.

Mission Statement

THE TRUST WAS CREATED FOR THE EXCLUSIVE PURPOSE OF PROVIDING LONG-TERM DISABILITY BENEFITS TO ELIGIBLE EMPLOYEES OF BLUE CROSS BLUE SHIELD OF MICHIGAN.
Revenues
$56.5K
Expenses
$3.4M
Net Income:
-$3.3M
Assets
$5M
Liabilities
$0
Net Assets:
+$5M
Operating Budget
$134.5K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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T
The Northern Trust Company Trustee
Board Member
S
Stuart Brody
Executive
T
The Northern Trust Company
Board Member

Frequently Asked Questions

What is BLUE CROSS BLUE SHIELD OF MICHIGAN LONG TERM DISABILITY TRUST (VEBA)’s budget?
In 2024, BLUE CROSS BLUE SHIELD OF MICHIGAN LONG TERM DISABILITY TRUST (VEBA) reported an annual operating budget of around $135 thousand. More detailed financial information is available to registered users.
What causes does BLUE CROSS BLUE SHIELD OF MICHIGAN LONG TERM DISABILITY TRUST (VEBA) support?
BLUE CROSS BLUE SHIELD OF MICHIGAN LONG TERM DISABILITY TRUST (VEBA) supports work in Personal services and Voluntary Employees Beneficiary Associations.
Where does BLUE CROSS BLUE SHIELD OF MICHIGAN LONG TERM DISABILITY TRUST (VEBA) operate?
BLUE CROSS BLUE SHIELD OF MICHIGAN LONG TERM DISABILITY TRUST (VEBA) is headquartered in Detroit, MI.