BCBSF Voluntary Employees' Beneficiary Assoc (EIN 320045033) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

SEE SCHEDULE O

Phone

9049050440

Tax Period

2025-01-01 to 2025-12-31

BCBSF Voluntary Employees' Beneficiary Assoc, founded in 2002, is a mid-sized nonprofit in the Mutual Benefit sector that reported $22.1M in total revenue in fiscal year 2025. Revenue surged 447% from the prior year, signaling strong growth momentum. The organization ran a surplus of $17.0M, a strong 77% operating margin.

Mission

The BCBSF Voluntary Employees Beneficiary Assoc is the funding vehicle for retiree health benefits provided on behalf of eligible employees of Blue Cross & Blue Shield of FL.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $22,113,477

Other Revenue $0

TOTAL REVENUE $22,113,477

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $787,381

TOTAL EXPENSES $5,099,828

Year-over-Year Comparison

	2025	2024	Change
Revenue	$22,113,477	$4,044,651	+4.5%
Expenses	$5,099,828	$3,700,131	+0.4%
Net Income	$17,013,649	$344,520	+48.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

N/A

Independent Members

N/A

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Principal Bank	Trustee - See Schedule O	1.0		$0	$97,765	$97,765

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$22,113,477	$5,099,828	$122,957,525	$17,013,649
2024	No data	No data	No data	No data
2023	$3,667,544	$5,100,086	$105,608,954	$-1,432,542
2022	$2,725,760	$5,400,072	$106,997,056	$-2,674,312
2021	$5,613,144	$6,605,925	$109,632,367	$-992,781
2020	$3,156,091	$5,304,847	$110,523,680	$-2,148,756

BCBSF Voluntary Employees' Beneficiary Assoc