Form 990 for tax year 2023

Totals

Total revenue

$286,539,630

Total expenses

$276,885,794

Contributions and grants received

$0

Grants paid

$0

Program service revenue

$286,539,630

Investment income

$0

Other revenue

$0

Total assets, end of year

$193,699,354

Total liabilities, end of year

$50,356,684

Net assets or fund balances, end of year

$143,342,670

Program services expenses (Part IX)

$276,885,794

Management and general expenses

$0

Fundraising expenses

$0

Program service expenses (Part III)

$276,885,794

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2023

• Healthcare benefits: 2023 enrollment consists of 15,668 members (14,996 active and 672 disabled/retired/seminary students/surviving dependents/leave of absence) and 19,800 dependents. Total enrollment is 35,468. (Information from 12/31/23 enrollment reports.) Provide medical healthcare directly to members through a network health program totaling $161,340,314

  Expenses $161,340,314

• Healthcare delivery: Provided prescription drug coverage totaling $41,168,856

  Expenses $41,168,856

• Healthcare delivery: Provided vision service plan totaling $2,491,909

  Expenses $2,491,909

• Healthcare delivery: Provided dental coverage totaling $33,678,073. Other program expenses: Investment and custodian fees $233,136; External claim services $13,551,544; Healthcare cost containment services $5,045,547; Net benefits & refunds $-11,749; Management fees $16,662,821; Insurance premiums $2,354,428; Benefit related legal expense $28,701; Health & wellness publications/communications $81,409; Miscellaneous $260,805

  Expenses $71,884,715

As filed on the 2023 return.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• The Lutheran Church Missouri Synod

  501(c)(3) · VEBA sponsoring organization · MO

• Concordia Plan Services

  501(c)(3) · Administers the plans/trusts of The LCMS · MO

• Concordia Disability and Survivor Plan

  501(c)(9) · Provides disability & survivor benefits to the employees and dependents of The LCMS. · MO

Provenance

Return type

form_990

Tax year

2023

Filed

31 July 2024

IRS schema version

2023v5.0

Source object

202432139349300033

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