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Filing year 2024

BLUE CROSS BLUE SHIELD ASSOCIATION

Chicago, Illinois·EIN 13-5656874·NTEE E80 · Health Care·501(c)(4)
Total revenue
$862.7M
Total assets
$1.2B
Total expenses
$851.5M
Reported officers
78
Mission

THE ASSOCIATION SERVES ITS MEMBERSHIP CONSISTING OF INDEPENDENT BLUE CROSS AND BLUE SHIELD MEMBER PLANS THAT OPERATE WITHIN SPECIFIC GEOGRAPHIC SERVICE AREAS. THE ASSOCIATION PROVIDES A VARIETY OF SERVICES TO MEMBER PLANS AND COORDINATES GOVERNMENT SERVICES, SUCH AS THE CONTRACT UNDER THE FEDERAL EMPLOYEE HEALTH BENEFIT PROGRAM (FEP), WHICH IS THE CORE OF THE ORGANIZATION'S EXEMPT PURPOSE OF PROMOTING THE COMMON GOOD AND GENERAL WELFARE OF THE COMMUNITY BY FOSTERING BROADBASED HEALTH INSURANCE COVERAGE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 43 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Health Care organizations in Illinois.

President and CEO
Above 90th percentile
$8.4M
$9M
Base
$1.6M
Bonus
$4.4M
Other
$208k
Benefits
$32k
Executive Vice President (end 05/24)
Executive Vice President
Above 90th percentilevs Health Care peers nationwide
$1.7M
$1.8M
Base
$310k
Bonus
$973k
Other
$1k
Benefits
$18k
Senior Vice President (end 06/24)
Senior Vice President
Above 90th percentilevs Health Care peers nationwide
$1.6M
$1.7M
Base
$310k
Bonus
$559k
Other
$586k
Benefits
$16k
Executive Vice President (end 07/24)
Executive Vice President
Above 90th percentilevs Health Care peers nationwide
$1.6M
$1.7M
Base
$443k
Bonus
$1M
Other
Benefits
$40k
Executive Vice President & CFO
Above 90th percentile
$1.3M
$1.4M
Base
$589k
Bonus
$504k
Other
$3k
Benefits
$17k
VP Investments & Neba
Vice President
Above 90th percentile
$1.1M
$1.1M
Base
$352k
Bonus
$367k
Other
$9k
Benefits
$39k
Senior Vice President
75th to 90th percentilevs Health Care peers nationwide
$1M
$1.1M
Base
$495k
Bonus
$351k
Other
$3k
Benefits
$51k
Senior Vice President
75th to 90th percentilevs Health Care peers nationwide
$973k
$1M
Base
$461k
Bonus
$334k
Other
$4k
Benefits
$43k
Vice President (end 06/24)
Vice President
Above 90th percentile
$916k
$980k
Base
$156k
Bonus
$376k
Other
$315k
Benefits
$10k
VP & Chief Info Sec Office
Vice President
Above 90th percentile
$906k
$970k
Base
$446k
Bonus
$298k
Other
$2k
Benefits
$11k
SVP Policy and Advocacy
Senior Vice President
75th to 90th percentilevs Health Care peers nationwide
$899k
$963k
Base
$524k
Bonus
$240k
Other
$557
Benefits
$718
SVP and Chief HR Officer
Senior Vice President
75th to 90th percentilevs Health Care peers nationwide
$848k
$907k
Base
$462k
Bonus
$241k
Other
$718
Benefits
$5k
SVP Federal Employee Progr
Senior Vice President
75th to 90th percentilevs Health Care peers nationwide
$816k
$874k
Base
$414k
Bonus
$255k
Other
$6k
Benefits
$40k
Vice President
Above 90th percentile
$707k
$757k
Base
$385k
Bonus
$204k
Other
$7k
Benefits
$43k
Vice President
Above 90th percentile
$664k
$711k
Base
$368k
Bonus
$184k
Other
$3k
Benefits
$36k
Vice President
75th to 90th percentile
$653k
$699k
Base
$366k
Bonus
$154k
Other
$2k
Benefits
$39k
VP App. Solutions
Vice President
75th to 90th percentile
$580k
$621k
Base
$328k
Bonus
$161k
Other
$2k
Benefits
$41k
Chief Legal Officer (begin 04/24)
Officer (Unspecified)
$573k
$613k
Base
$360k
Bonus
$85k
Other
$1k
Benefits
$27k
Vice President
75th to 90th percentile
$570k
$610k
Base
$298k
Bonus
$164k
Other
$240
Benefits
$42k
Chief Oper Officer (begin 07/24)
Officer (Unspecified)
$565k
$604k
Base
$319k
Bonus
$225k
Other
$102
Benefits
$21k
Vice President
75th to 90th percentile
$559k
$599k
Base
$340k
Bonus
$151k
Other
$216
Benefits
$10k
Former Vice President
Board Vice President
75th to 90th percentile
$557k
$596k
Base
$345k
Bonus
$178k
Other
Benefits
Vice President
75th to 90th percentile
$544k
$582k
Base
$300k
Bonus
$147k
Other
$1k
Benefits
$40k
Vice President
75th to 90th percentile
$518k
$555k
Base
$277k
Bonus
$140k
Other
$4k
Benefits
$40k
Vice President Advocacy
Vice President
75th to 90th percentile
$517k
$554k
Base
$317k
Bonus
$141k
Other
$1k
Benefits
$439
Vice President
75th to 90th percentile
$512k
$548k
Base
$418k
Bonus
$52k
Other
$2k
Benefits
$570
Vice President
75th to 90th percentile
$511k
$547k
Base
$302k
Bonus
$107k
Other
$6k
Benefits
$35k
Vice President
75th to 90th percentile
$496k
$531k
Base
$296k
Bonus
$130k
Other
$2k
Benefits
$16k
VP Strategy Pship & Dev (end 01/24)
Vice President
75th to 90th percentile
$492k
$527k
Base
$40k
Bonus
$212k
Other
$182k
Benefits
$2k
Vice President (end 08/24)
Vice President
75th to 90th percentile
$471k
$505k
Base
$186k
Bonus
$86k
Other
$141k
Benefits
$19k
Vice President (end 04/24)
Vice President
75th to 90th percentile
$469k
$502k
Base
$108k
Bonus
$205k
Other
$86k
Benefits
$21k
Coo, Synergie Medication Collective
75th to 90th percentile
$415k
$444k
Base
$368k
Bonus
Other
$1k
Benefits
$28k
Ed Data Strategy
Highest Compensated Employee
Median to 75th percentile
$411k
$440k
Base
$280k
Bonus
$72k
Other
$22k
Benefits
$25k
VP Litigation & Risk (begin 06/24)
Vice President
75th to 90th percentile
$402k
$431k
Base
$281k
Bonus
$88k
Other
$729
Benefits
$904
Ed Strategic Srvcs Group Purchasing
Highest Compensated Employee
Median to 75th percentile
$398k
$426k
Base
$282k
Bonus
$67k
Other
$4k
Benefits
$28k
Ed IT Info Enterprise Architecture
Highest Compensated Employee
Median to 75th percentile
$386k
$414k
Base
$268k
Bonus
$70k
Other
$27k
Benefits
$8k
Former Vice President
Board Vice President
Median to 75th percentile
$386k
$413k
Base
$181k
Bonus
$139k
Other
Benefits
Ed Fep Program Integrity
Highest Compensated Employee
Median to 75th percentile
$383k
$410k
Base
$244k
Bonus
$65k
Other
$30k
Benefits
$27k
VP Fep Clinical Ops (begin 02/24)
Vice President
75th to 90th percentile
$376k
$403k
Base
$261k
Bonus
$63k
Other
$5k
Benefits
$13k
VP Strat & Pships (begin 01/24)
Vice President
Median to 75th percentile
$360k
$385k
Base
$308k
Bonus
$38k
Other
$1k
Benefits
$4k
VP Strategic Oper (begin 08/24)
Vice President
Median to 75th percentile
$221k
$236k
Base
$119k
Bonus
$93k
Other
$66
Benefits
$3k
Former Senior VP & Ccto
Senior Vice President
25th percentile to medianvs Health Care peers nationwide
$174k
$186k
Base
Bonus
$121k
Other
Benefits
VP Fep Prod Marketing (begin 07/24)
Vice President
Median to 75th percentile
$152k
$163k
Base
$140k
Bonus
Other
$277
Benefits
$6k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 35 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at BLUE CROSS BLUE SHIELD ASSOCIATION equaled 1.0% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2024)
1.0%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 39%
from 2023

From $6M in 2023 to $8.4M in 2024.

$6M
2023
$8.4M
2024
In today's dollarsEst.
Up 35% in real terms$6.7M to $9M

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 39% from 2023 to 2024, while revenue rose 5%.

$6M in 2023 to $8.4M in 2024.
  • Executive Vice President pay fell 22% from 2023 to 2024.
  • Senior Vice President pay rose 23% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about BLUE CROSS BLUE SHIELD ASSOCIATION

What does the Chief Executive Officer of BLUE CROSS BLUE SHIELD ASSOCIATION earn?

In 2024, the Chief Executive Officer of BLUE CROSS BLUE SHIELD ASSOCIATION received $8,414,231 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Health Care organizations in Illinois: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at BLUE CROSS BLUE SHIELD ASSOCIATION compare with similar nonprofits?

Compared with the same role at Health Care organizations in Illinois, the 2024 pay of the Chief Executive Officer at BLUE CROSS BLUE SHIELD ASSOCIATION falls in the top 10%. In 2024, the highest total compensation at BLUE CROSS BLUE SHIELD ASSOCIATION equaled 1.0% of the organization's total expenses. The median for health care organizations is 4%.

What are BLUE CROSS BLUE SHIELD ASSOCIATION's revenue and expenses?

In 2024, BLUE CROSS BLUE SHIELD ASSOCIATION reported $862.7M in total revenue and $851.5M in total expenses on its IRS Form 990.

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