2024-10-03T11:55:07-05:00 2023-12-31 990 2023-01-01 743165262 Service Benefit Plan Administrative Services SBP - VEBA % CORPORATE TAX DEPARTMENT SERV 4109985807 1501 S CLINTON STREET BALTIMORE MD 21224 Brian Keefe SVP & CAO 4109985807 2024-10-02 true 2023 2024-10-15 13:58:12Z Brian Keefe 10455 Mill Run Circle Owings Mills MD 21117 763522 false X N/A X 2005 MD The primary purpose of the organization is to pay certain health insurance benefits to eligible retired employees and their dependents. 0 0 0 639038 0 0 339595 12347 907753 639038 616449 112137 1863797 763522 0 0 698947 67126 0 0 0 0 0 832359 592322 1531306 659448 332491 104074 9216554 9320628 0 0 9216554 9320628 THE PRIMARY MISSION OF THE ORGANIZATION IS TO PAY CERTAIN HEALTH INSURANCE BENEFITS TO ELIGIBLE RETIRED EMPLOYEES OF SBP AND THEIR ELIGIBLE DEPENDENTS AND TO PROVIDE A VEHICLE FOR THE RECEIPT OF CONTRIBUTIONS MADE BY SBP TO MEET THE COSTS OF PROVIDING THESE BENEFITS. false false Receipt and investment of contributions made by SBP false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false X 0 0 0 true true false false false false false false false false false false false false false false false false X 0 0 false false false false false false false false false false false false false false false MD X CORPORATE TAX DEPARTMENT 4109985807 10455 MILL RUN CIRCLE OWINGS MILLS MD 21117 STATE STREET BANK TRUST TRUSTEE 0.0 0.0 X 1823 0 0 1823 0 0 0 false false false 0 0 12347 189011 189011 0 0 0 0 0 450027 450027 450027 0 0 0 0 0 0 0 0 0 OTHER INCOMES 32065 REBATES 80072 112137 763522 639038 0 0 0 67126 67126 0 0 0 0 0 0 1823 1823 0 6300 6300 0 0 0 29748 29748 0 0 0 0 0 0 0 0 0 0 0 0 CORRECTION OF PENSION TRANSFER 541265 541265 MISCELL TAXES 3119 3119 MISCELL EXPENSES 10067 10067 659448 623400 36048 51647 535934 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9164907 8784694 9216554 9320628 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 9216554 9320628 9216554 9320628 9216554 9320628 104074 X false false false MUTUAL FUNDS INVESTED IN FIDEL 8784694 8784694 Form 990, Part I, Line 3 The governing body of the VEBA is the trustee. Part VI, Section B The VEBA does not pay compensation to any persons. Part VI, Section C Governing documents and financials are available for public inspection by contacting the Corporate Tax Department at CareFirst, Inc., 10455 Mill Run Circle, OM1-656, Owings Mills, MD 21117 Erroneous Transfer from Pension Reversed The Company identified that transfers were made from the pension plan in 2022 that should not have been made. The transfers were reversed and lost investment income was returned to the pension plan in 2023 All corrections were completed in 2023.