Blue Cross Blue Shield Of Michigan Long Term Disability Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 559,611 | 4,620,147 | −4,060,536 | 21.5 | 0% |
| 2018 | 800,257 | 4,309,090 | −3,508,833 | 12.8 | 0% |
| 2019 | 3,704,843 | 3,953,531 | −248,688 | 13.9 | 0% |
| 2020 | 16,749,589 | 3,706,911 | 13,042,678 | 57.5 | 1% |
| 2021 | 456,673 | 2,884,079 | −2,427,406 | 65.1 | 0% |
| 2022 | −48,990 | 3,153,854 | −3,202,844 | 39.5 | 0% |
| 2023 | 52,787 | 3,405,314 | −3,352,527 | 27.9 | 0% |
In its most recent public year (2023), this organization spent $3,352,527 more than it brought in. Its reserves stood at about 27.9 months of spending, up from 21.5 in 2017. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Blue Cross Blue Shield Of Michigan Long Term Disability Tr's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works