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← BLUE CARE NETWORK OF MICHIGAN

Form 990 for tax year 2024

Filed by BLUE CARE NETWORK OF MICHIGAN.

Totals

Total revenue
$4,804,963,335
Total expenses
$5,047,420,488
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$4,701,770,256
Investment income
$103,193,079
Other revenue
$0
Total assets, end of year
$2,410,029,020
Total liabilities, end of year
$883,770,301
Net assets or fund balances, end of year
$1,526,258,719
Program services expenses (Part IX)
$4,431,091,454
Management and general expenses
$616,329,034
Fundraising expenses
$0
Program service expenses (Part III)
$4,431,091,454

Program services were 87.8% 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.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $0

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: PREPAID HEALTH CARE

    total $4,650,398,962 · related or exempt $4,650,398,962

  • 2b · Program service revenue: SELF-FUNDED REVENUE

    total $51,355,790 · related or exempt $51,355,790

  • 2c · Program service revenue: NON-SUBSCRIBER REVENUE

    total $15,504 · related or exempt $15,504

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $64,356,492 · unrelated business -$533,970 · excluded $64,890,462

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0

  • 5 · Royalties

    total $0 · related or exempt $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0 · related or exempt $0

  • 7a · Gross sales of assets other than inventory

    securities $12,126,279,124 · other assets $0

  • 7b · Less cost or other basis and sales expenses

    securities $12,087,442,537 · other assets $0

  • 7c · Gain or loss

    securities $38,836,587 · other assets $0

  • 7d · Net gain or loss

    total $38,836,587 · related or exempt $0 · unrelated business $1,578,113 · excluded $37,258,474

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $4,227,523,677 · program services $4,227,523,677

  • 5 · Compensation of officers, directors and key employees

    total $355,824 · program services $355,824

  • 7 · Other salaries and wages

    total $305,206,665 · program services $123,288,549 · management and general $181,918,116

  • 10 · Payroll taxes

    total $15,513,918 · program services $6,279,875 · management and general $9,234,043

  • 11b · Fees: legal

    total $44,477,631 · program services $1,207,594 · management and general $43,270,037

  • 11c · Fees: accounting

    total $16,685,776 · program services $7,032,391 · management and general $9,653,385

  • 11f · Fees: investment management

    total $4,029,609 · management and general $4,029,609

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $5,928,543 · program services $2,399,813 · management and general $3,528,730

  • 13 · Office expenses

    total $9,511,728 · program services $3,850,250 · management and general $5,661,478

  • 16 · Occupancy

    total $6,399,188 · program services $2,697,464 · management and general $3,701,724

  • 17 · Travel

    total $2,801,448 · program services $1,133,997 · management and general $1,667,451

  • 22 · Depreciation, depletion and amortization

    total $58,943,849 · program services $23,859,865 · management and general $35,083,984

  • 23 · Insurance

    total $1,584,837 · program services $550,448 · management and general $1,034,389

  • 24a · Other expenses: AGENT/BROKER FEES

    total $106,931,989 · program services $300 · management and general $106,931,689

  • 24b · Other expenses: ALL OTHER EXPENSES

    total $103,446,161 · program services $1,455,278 · management and general $101,990,883

  • 24c · Other expenses: CLAIMS ADJUSTMENTS

    total $58,368,150 · program services $27,781,391 · management and general $30,586,759

  • 24d · Other expenses: PREMIUM DEFICIENCY RESERVE

    total $34,465,092 · management and general $34,465,092

  • 24e · All other expenses

    total $45,246,403 · program services $1,674,738 · management and general $43,571,665 · fundraising $0

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $61,348,005 · end of year $187,478,333

  • 4 · Accounts receivable

    beginning of year $367,150,278 · end of year $311,235,871

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $2,191,030,845 · end of year $1,911,314,616

  • 12 · Investments: other securities

    beginning of year $200 · end of year $200

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $333,099,298 · end of year $405,796,219

  • 19 · Deferred revenue

    beginning of year $92,744,204 · end of year $101,644,971

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $50,044,625 · end of year $0

  • 25 · Other liabilities

    beginning of year $359,407,221 · end of year $376,329,111

  • 29 · Capital stock, trust principal or current funds

    beginning of year $10,000 · end of year $10,000

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $152,249,736 · end of year $152,249,736

  • 31 · Retained earnings, endowment or other funds

    beginning of year $1,631,974,244 · end of year $1,373,998,983

Mission and programs · 2024

Mission

BLUE CARE NETWORK PROVIDES HEALTH CARE SERVICES TO SUBSCRIBERS THROUGH CONTRACTS IT HAS ENTERED INTO WITH VARIOUS PHYSICIAN GROUPS, HOSPITALS, AND OTHER HEALTH CARE PROVIDERS.

Activities or mission (Part I)

BLUE CARE NETWORK PROVIDES HEALTH CARE SERVICES TO SUBSCRIBERS THROUGH CONTRACTS IT HAS ENTERED INTO WITH VARIOUS PHYSICIAN GROUPS, HOSPITALS AND OTHER HEALTH CARE PROVIDERS.

  • BCN'S PROGRAM SERVICE ACCOMPLISHMENTS: BCN IS COMMITTED TO SUPPORT PEOPLE HELPING PEOPLE, TO PROMOTE HEALTH AND PEACE OF MIND THROUGH HIGH QUALITY CARE AND SERVICE, AND PARTNERING TO MANTAIN AND IMPROVE HEALTH. BCN 2024 STATISTICS: HEALTH CARE SERVICES-MEMBER BASED AS WELL AS FEE-FOR-SERVICE, 655,815 MEMBERS AND 7,274,593 AMBULATORY ENCOUNTERS. 2024 COMMUNITY BENEFIT - BCN PARTIPATED IN 68 SEPARATE ACTIVITIES, TOTALING OVER $323,027. THIS WAS ACCOMPLISHED THROUGH COMMUNITY OUTREACH AND CHARITABLE CONTRIBUTIONS, TO BENEFIT THE GENERAL PUBLIC AND SUPPORT WELLNESS. CONNECTIONS WITH INDIVIDUALS AND SMALL BUSINESSES HELPED SUPPORT MULTIPLE HEALTH INITIATIVES. 2024 SOCIAL MISSION AND PUBLIC AFFAIRS - BCN IS COMMITTED TO IMPROVE THE HEALTH OF MICHIGAN RESIDENTS, WITH SPECIAL EMPHASIS ON THE HEALTH AND WELLNESS OF CHILDREN AND SENIORS, WHILE REDUCING THE COST OF HEALTH CARE. PROACTIVE INITIATIVES INCLUDE NUTRITION AND HEALTHY LIFESTYLES, HEALTHY AGING AND MENTAL HEALTH. PRINCIPLES INCLUDE EMPOWERING INDIVIDUALS AND COMMUNITIES TO TAKE ACTIVE ROLES IN CREATING A CULTURE OF HEALTH; PROVIDING LEADERSHIP AS AN INFORMED CONVENER AND EDUCATOR TO HELP RAISE AWARENESS AND UNDERSTANDING OF IMPORTANT HEALTH ISSUES AND EFFECTIVE APPROACHES.

    Expenses $4,369,201,004 · Revenue $4,643,915,372

  • PROGRAM EXPENSES RELATED TO SELF-FUNDED BUSINESS AS A RESULT OF A RECENT CHANGE IN THE MICHIGAN INSURANCE CODE. HEALTH MAINTENANCE ORGANIZATIONS ARE PERMITTED TO DIRECTLY CONTRACT WITH GROUPS TO ADMINISTER SELF-FUNDED GROUP HEALTH PLANS. EFFECTIVE JANUARY 1, 2018 BCN BEGAN PROVIDING ADMINISTERING SERVICE ONLY (ASO) PLANS THAT ARE SUBSTANTIALLY RELATED TO BCN'S EXEMPT PURPOSES. AS A 501(C)(4) ENTITY BCN IS PROVIDING THE SAME CLAIMS PROCESSING, ADMINISTRATIVE SERVICES AND PROVIDER NETWORK FOR ITS ASO CUSTOMERS AS IT DOES FOR THE UNDERWRITTEN CUSTOMERS.

    Expenses $61,890,450 · Revenue $57,854,884

As filed on the 2024 return.

Listed in Part VII

  • Kathryn Levine

    VP & Pres & CEO BCN

    Total calculated
    $2,129,807
    From this org
    $0
    From related orgs
    $1,751,614
    Other
    $378,193
    Hours/week
    25 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $674,514 related
    Bonus
    $0 + $904,384 related
    Other
    $0 + $172,716 related
    Deferred
    $0 + $325,531 related
    Nontaxable benefits
    $0 + $52,662 related
    Filer's total
    $0 + $2,129,807 related
  • Paul Mozak

    Director & Officer - EVP & CFO

    Total calculated
    $4,463,991
    From this org
    $0
    From related orgs
    $3,958,896
    Other
    $505,095
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $944,712 related
    Bonus
    $0 + $2,779,972 related
    Other
    $0 + $234,212 related
    Deferred
    $0 + $475,977 related
    Nontaxable benefits
    $0 + $29,118 related
    Filer's total
    $0 + $4,463,991 related
  • Bruce Wolf

    Director

    Total calculated
    $105,231
    From this org
    $75,231
    From related orgs
    $30,000
    Other
    $0
    Hours/week
    1 + 1 related
  • Gregory Sudderth

    Director

    Total calculated
    $67,737
    From this org
    $67,737
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Julie Angott

    Director

    Total calculated
    $75,352
    From this org
    $75,352
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Kenneth Dallafior

    EVP President Hlth Plan Bus

    Total calculated
    $5,825,198
    From this org
    $0
    From related orgs
    $5,442,447
    Other
    $382,751
    Hours/week
    3 + 52 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,069,167 related
    Bonus
    $0 + $3,982,694 related
    Other
    $0 + $390,586 related
    Deferred
    $0 + $320,740 related
    Nontaxable benefits
    $0 + $62,011 related
    Filer's total
    $0 + $5,825,198 related
  • Mary Ann Weaver

    Director

    Total calculated
    $67,572
    From this org
    $67,572
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Masao Roy Wilson MD

    Director

    Total calculated
    $75,324
    From this org
    $75,324
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Melvin Larsen

    Director chairperson

    Total calculated
    $75,072
    From this org
    $75,072
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Paula Manderfield

    Director

    Total calculated
    $75,636
    From this org
    $75,636
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Richard Posthumus

    Director

    Total calculated
    $67,572
    From this org
    $67,572
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Robert Paul Kelch

    Director

    Total calculated
    $67,572
    From this org
    $67,572
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Sarah Doyle

    Director

    Total calculated
    $67,542
    From this org
    $67,542
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Valeriah A Holmon

    Director

    Total calculated
    $67,954
    From this org
    $67,954
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • William Black

    Director chairperson

    Total calculated
    $107,542
    From this org
    $107,542
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Brian Mac Lean

    VP Finance

    Total calculated
    $586,265
    From this org
    $0
    From related orgs
    $315,255
    Other
    $271,010
    Hours/week
    7 + 48 related

    Schedule J breakdown matched by us

    Base
    $0 + $258,696 related
    Bonus
    $0 + $40,560 related
    Other
    $0 + $15,999 related
    Deferred
    $0 + $243,892 related
    Nontaxable benefits
    $0 + $27,118 related
    Filer's total
    $0 + $586,265 related
  • Sheela Manyam

    Sr Dir Corp Performance & Admin

    Total calculated
    $332,365
    From this org
    $0
    From related orgs
    $272,713
    Other
    $59,652
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $0 + $208,670 related
    Bonus
    $0 + $52,020 related
    Other
    $0 + $12,023 related
    Deferred
    $0 + $24,117 related
    Nontaxable benefits
    $0 + $35,535 related
    Filer's total
    $0 + $332,365 related
  • Waymond Harris

    Officer - SVP & Treasurer

    Total calculated
    $1,957,800
    From this org
    $0
    From related orgs
    $1,809,270
    Other
    $148,530
    Hours/week
    20 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $594,770 related
    Bonus
    $0 + $1,089,471 related
    Other
    $0 + $125,029 related
    Deferred
    $0 + $118,412 related
    Nontaxable benefits
    $0 + $30,118 related
    Filer's total
    $0 + $1,957,800 related
  • Duwayne Mills

    VP Enrollment Billing and FEP

    Total calculated
    $441,264
    From this org
    $0
    From related orgs
    $367,587
    Other
    $73,677
    Hours/week
    14 + 41 related

    Schedule J breakdown matched by us

    Base
    $0 + $267,430 related
    Bonus
    $0 + $80,886 related
    Other
    $0 + $19,271 related
    Deferred
    $0 + $55,989 related
    Nontaxable benefits
    $0 + $17,688 related
    Filer's total
    $0 + $441,264 related
  • Jac Amerell

    VP & Controller

    Total calculated
    $972,060
    From this org
    $0
    From related orgs
    $878,042
    Other
    $94,018
    Hours/week
    9 + 32 related

    Schedule J breakdown matched by us

    Base
    $0 + $405,624 related
    Bonus
    $0 + $438,612 related
    Other
    $0 + $33,806 related
    Deferred
    $0 + $83,171 related
    Nontaxable benefits
    $0 + $10,847 related
    Filer's total
    $0 + $972,060 related
  • Lisa Hardy

    VP Bus Perf & Execution BCN

    Total calculated
    $709,945
    From this org
    $0
    From related orgs
    $612,835
    Other
    $97,110
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $0 + $296,266 related
    Bonus
    $0 + $288,695 related
    Other
    $0 + $27,874 related
    Deferred
    $0 + $66,072 related
    Nontaxable benefits
    $0 + $31,038 related
    Filer's total
    $0 + $709,945 related
  • Peter Graham

    Clinical Director BCN

    Total calculated
    $495,796
    From this org
    $0
    From related orgs
    $440,358
    Other
    $55,438
    Hours/week
    44 + 11 related

    Schedule J breakdown matched by us

    Base
    $0 + $354,136 related
    Bonus
    $0 + $70,000 related
    Other
    $0 + $16,222 related
    Deferred
    $0 + $31,935 related
    Nontaxable benefits
    $0 + $23,503 related
    Filer's total
    $0 + $495,796 related
  • Yaniv Ribon

    Sr Director, BCN Value and Stakeholder exper.

    Total calculated
    $330,753
    From this org
    $0
    From related orgs
    $267,065
    Other
    $63,688
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $0 + $205,648 related
    Bonus
    $0 + $51,250 related
    Other
    $0 + $10,167 related
    Deferred
    $0 + $34,031 related
    Nontaxable benefits
    $0 + $29,657 related
    Filer's total
    $0 + $330,753 related
  • Carl Siebers

    Former VP Claims Operations

    Total calculated
    $969,093
    From this org
    $0
    From related orgs
    $780,907
    Other
    $188,186
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $386,076 related
    Bonus
    $0 + $352,753 related
    Other
    $0 + $42,078 related
    Deferred
    $0 + $149,887 related
    Nontaxable benefits
    $0 + $38,299 related
    Filer's total
    $0 + $969,093 related
  • James P Kallas

    Former VP and Treasurer BCN

    Total calculated
    $196,452
    From this org
    $0
    From related orgs
    $196,452
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0 + $196,452 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $196,452 related
  • Joseph J Radtka

    Former VP Enterprise Finance and Chief Risk Officer

    Total calculated
    $1,121,327
    From this org
    $0
    From related orgs
    $1,032,566
    Other
    $88,761
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $411,922 related
    Bonus
    $0 + $551,534 related
    Other
    $0 + $69,110 related
    Deferred
    $0 + $58,992 related
    Nontaxable benefits
    $0 + $29,769 related
    Filer's total
    $0 + $1,121,327 related
  • Kevin Klobucar

    Former EVP Health Care Value

    Total calculated
    $592,551
    From this org
    $0
    From related orgs
    $592,551
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0 + $589,470 related
    Other
    $0 + $3,081 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $592,551 related
  • Mark Bartlett

    Former Officer

    Total calculated
    $2,807,156
    From this org
    $0
    From related orgs
    $2,807,156
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0 + $2,801,260 related
    Other
    $0 + $5,896 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $2,807,156 related
  • Mark Keshishian MD

    Former VP HL & CLN AFS & BCN SVP CMO

    Total calculated
    $305,963
    From this org
    $0
    From related orgs
    $305,963
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0 + $299,165 related
    Other
    $0 + $6,798 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $305,963 related
  • Phillip Gillespie

    Former VP Bus & Program Dev &Reg Exec

    Total calculated
    $590,388
    From this org
    $0
    From related orgs
    $509,149
    Other
    $81,239
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $238,716 related
    Bonus
    $0 + $234,540 related
    Other
    $0 + $35,893 related
    Deferred
    $0 + $50,470 related
    Nontaxable benefits
    $0 + $30,769 related
    Filer's total
    $0 + $590,388 related
  • Rajesh Vunnam

    Former Sr Director BCN IT

    Total calculated
    $477,510
    From this org
    $0
    From related orgs
    $426,992
    Other
    $50,518
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $328,740 related
    Bonus
    $0 + $79,423 related
    Other
    $0 + $18,829 related
    Deferred
    $0 + $39,924 related
    Nontaxable benefits
    $0 + $10,594 related
    Filer's total
    $0 + $477,510 related
  • Tiffany Otis-Albert

    Former SVP Health Plan Business Officer

    Total calculated
    $2,194,746
    From this org
    $0
    From related orgs
    $2,031,294
    Other
    $163,452
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $678,818 related
    Bonus
    $0 + $1,166,855 related
    Other
    $0 + $185,621 related
    Deferred
    $0 + $132,773 related
    Nontaxable benefits
    $0 + $30,679 related
    Filer's total
    $0 + $2,194,746 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
THE COMPENSATION STRATEGY IS DESIGNED TO ENSURE THAT AN APPROPRIATE BALANCE EXISTS BETWEEN INTERNAL EQUITY CONSIDERATIONS AND MARKET COMPENSATION FACTORS AND PRACTICES. MARKET DATA FROM THIRD PARTY EXECUTIVE COMPENSATION SURVEYS AND INDEPENDENT COMPENSATION CONSULTANTS ARE USED TO DETERMINE THE PRESIDENT/CEO'S COMPENSATION. THE COMPENSATION RECOMMENDATIONS ARE REVIEWED BY BLUE CROSS BLUE SHIELD OF MICHIGAN MUTUAL INSURANCE COMPANY (BCBSM), PERSONNEL AND COMPENSATION SUBCOMMITTEE AND EXECUTIVE COMMITTEE. THE ORGANIZATION'S PRESIDENT/CEO IS ALSO AN EXECUTIVE OF THE PARENT, BCBSM, AND AS SUCH, THE COMPENSATION IS SUBJECT TO REVIEW BY THE BCBSM EXECUTIVE COMMITTEE.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
THE NONQUALIFIED PENSION PLAN PROVIDES RETIREMENT BENEFITS FOR A GROUP OF KEY EMPLOYEES UNDER NONQUALIFIED DEFINED PENSION PLANS. THE GENERAL PURPOSE OF THE PLAN IS TO PROVIDE ADDITIONAL RETIREMENT BENEFITS TO PARTICIPANTS WHO ARE SUBJECT TO THE CONTRIBUTION AND BENEFIT LIMITATION APPLICABLE TO TAX-QUALIFIED PLANS UNDER IRC. BENEFITS UNDER THE PLAN ARE FUNDED AND PAID OUT OF THE GENERAL ASSETS OF THE CORPORATION. THESE AMOUNTS ARE ACCRUED AND ELIGIBLE TO BE PAID OUT WITHIN 2024. TIFFANY OTIS-ALBERT - $88,072 JAC AMERELL - $16,556 SCOTT BETZELOS - $3,676 KENNETH DALLAFIOR - $543,616 PHILLIP GILLESPIE - $593 PETER GRAHAM - $4,061 LISA HARDY - $7,615 WAYMOND HARRIS - $63,079 KATHRYN LEVINE - $166,874 PAUL MOZAK - $211,397 DUWAYNE MILLS - $524 CARL SIEBERS - $25,723 JOSEPH J RADTKA - $35,913 RAJESH VUNNAM - $5,105

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • BLUE CROSS BLUE SHIELD OF MICHIGAN

    C Corporation · INSURANCE · MI

    Directly controlled by NA

  • ACCIDENT FUND INSURANCE CO-AMERICA

    C Corporation · INSURANCE · MI

    Directly controlled by NA

  • LIFESECURE INSURANCE COMPANY

    C Corporation · INSURANCE · MI

    Directly controlled by NA

  • BLUE CROSS COMPLETE OF MICHIGAN LLC

    C Corporation · HMO · MI

    Directly controlled by NA

  • WOODWARD STRAITS INSURANCE COMPANY

    C Corporation · INSURANCE · MI

    Directly controlled by NA

  • AMERIHEALTH CARITAS HEALTH PLAN

    C Corporation · CARE MGT · PA

    Directly controlled by NA

  • COBX CO

    C Corporation · CARE MGT · MI

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.1
Source object
202513179349309601

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