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Nonprofit · EIN 74-6533141

BLUE CROSS BLUE SHIELD OF NORTH DAKOTA FUNDED GROUP BENEFIT PLAN

Tax-exempt · FARGO, ND 58121

Financials

$10.7M$13.4M2023$11.2M$11.9M2024
Revenue Expenses · by fiscal year end
Financials of BLUE CROSS BLUE SHIELD OF NORTH DAKOTA FUNDED GROUP BENEFIT PLAN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$11,167,253$11,866,267-$699,014$16,338,710$940,000$15,398,710
December 31, 2023990$10,732,223$13,395,520-$2,663,297$15,649,210$700,000$14,949,210
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$10,287,031
Investment income
$880,222
Net gain from sales of assets
$531,563
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$11,483,804
Compensation of officers, directors and key employees
$39,353
Salaries, compensation and benefits (total)
$39,353
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$15,649,210
Total assets, end of year
$16,338,710
Total liabilities, end of year
$940,000
Net assets, end of year
$15,398,710
Publicly traded securities
$13,988,996
Gross unrelated business income
$841,368
Gross receipts
$12,516,437
Employees
0
Volunteers
0
Year formed
2003
State of legal domicile
ND

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
BELL BANK WEALTH MANAGEMENTTRUSTEE
Institutional trustee
1$39,353
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
BANK OF THE WESTTrustee
Institutional trustee
1$34,994
BELL BANK WEALTH MANAGEMENTTRUSTEE
Institutional trustee
1$13,040

Address and contacts

Address (IRS master file)
4510 13TH AVE S, FARGO, ND 58121-1000
In care of
% BLUE CROSS BLUE SHIELD OF ND
Principal officer (990 for 2024)
CYNTHIA THORMODSON, 4510 13TH AVE S, FARGO, ND 58121
Signed the 990
CYNTHIA THORMODSON, EVP & CFO
Phone
(701) 282-1100
Return prepared by
ERNST & YOUNG US LLP

Mission

THE MISSION OF THE TRUST IS TO BE A FUNDING VEHICLE FOR PAYING HEALTH INSURANCE COSTS FOR ACTIVE AND RETIRED EMPLOYEES OF BLUE CROSS BLUE SHIELD OF NORTH DAKOTA.

990 for the year ended December 31, 2024

Program accomplishments

  • Payment of healthcare premiums for active employees and current and future retirees.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
74-6533141
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$16,338,710
Income (IRS master file)
$12,516,437

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$11,167,253$11,866,267$16,338,710IRS
990December 2023$10,732,223$13,395,520$15,649,210XML
990December 2022$16,507,063$33,832,286$16,592,684IRS
990December 2021$16,529,456$29,146,652$45,397,738IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 74-6533141).

Questions about BLUE CROSS BLUE SHIELD OF NORTH DAKOTA FUNDED GROUP BENEFIT PLAN

What is the EIN of BLUE CROSS BLUE SHIELD OF NORTH DAKOTA FUNDED GROUP BENEFIT PLAN?
The employer identification number (EIN) of BLUE CROSS BLUE SHIELD OF NORTH DAKOTA FUNDED GROUP BENEFIT PLAN is 74-6533141.
Is BLUE CROSS BLUE SHIELD OF NORTH DAKOTA FUNDED GROUP BENEFIT PLAN tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2004.
Are donations to BLUE CROSS BLUE SHIELD OF NORTH DAKOTA FUNDED GROUP BENEFIT PLAN tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BLUE CROSS BLUE SHIELD OF NORTH DAKOTA FUNDED GROUP BENEFIT PLAN file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BLUE CROSS BLUE SHIELD OF NORTH DAKOTA FUNDED GROUP BENEFIT PLAN due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BLUE CROSS BLUE SHIELD OF NORTH DAKOTA FUNDED GROUP BENEFIT PLAN last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BLUE CROSS BLUE SHIELD OF NORTH DAKOTA FUNDED GROUP BENEFIT PLAN?
The 990 for the year ended December 31, 2024 names CYNTHIA THORMODSON.
Who are the officers and directors of BLUE CROSS BLUE SHIELD OF NORTH DAKOTA FUNDED GROUP BENEFIT PLAN?
The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $39,353 (BELL BANK WEALTH MANAGEMENT, TRUSTEE).
How much revenue does BLUE CROSS BLUE SHIELD OF NORTH DAKOTA FUNDED GROUP BENEFIT PLAN have?
On its 990 for the year ended December 31, 2024 it reported revenue of $11,167,253, expenses of $11,866,267 and total assets of $16,338,710 at year end.

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