Government Employees Health Association Inc
- Assets
- $2.6b
- Revenue
- $5.7b
- Investments
- $452.2m
- Employees
- 1,706
- Location
- Lees Summit, MO
- Founding
- 12/1947
- Data as of
- 12/2023
- EIN
- 44-0545275
Organization Overview
Government Employees Health Association Inc is located in Lees Summit, MO. The organization was established in 1947. According to its NTEE Classification (Y44) the organization is classified as: Voluntary Employees Beneficiary Associations Government), under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2023, Government Employees Health Association Inc employed 1,706 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Government Employees Health Association Inc is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2023, Government Employees Health Association Inc generated $5.7b in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $5.7b during the year ending 12/2023. While expenses have increased by 5.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Government Employees Health Association Inc has awarded 219 individual grants totaling $6,938,328. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE COVERAGE TO FEDERAL EMPLOYEES AND ANNUITANTS PURSUANT TO THE FEDERAL EMPLOYEES HEALTH BENEFIT ACT OF 1959, AS AMENDED, AND REGULATIONS ISSUED THEREUNDER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE MEDICAL AND DENTAL COVERAGE TO APPROXIMATELY 2,015,152 FEDERAL EMPLOYEES AND ANNUITANTS AND THEIR DEPENDENTS PURSUANT TO THE FEDERAL EMPLOYEES HEALTH BENEFIT ACT OF 1959 (FEHBP), AS AMENDED, THE FEDERAL EMPLOYEES DENTAL AND VISION INSURANCE PROGRAM AND OTHER HEALTH AND DENTAL PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Ceo/president | OfficerTrustee | 40 | $1,416,895 |
Name Not Listed Director | Trustee | 3.3 | $103,145 |
Name Not Listed Director | Trustee | 3.7 | $102,500 |
Name Not Listed Director/committee Chair | Trustee | 3.1 | $119,583 |
Name Not Listed Director | Trustee | 3.2 | $103,000 |
Name Not Listed Director/committee Chair | Trustee | 9 | $131,725 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
United Healthcare Insurance Company Ppo Network | 12/30/23 | $39,280,333 |
Change Healthcare Solutions Llc Tech And Consulting | 12/30/23 | $16,008,204 |
Aetna Life Insurance Company Ppo Network | 12/30/23 | $14,686,509 |
Zelis Claims Integrity Non-ppo Network Expenses | 12/30/23 | $5,272,311 |
Fidelity Security Life Insurance Company Network Access Fees | 12/30/23 | $5,371,746 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $5,668,046,159 |
| Investment income | $53,973,234 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,001,871 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,736,021,264 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,174,657 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $5,312,891,102 |
| Compensation of current officers, directors, key employees. | $13,507,607 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $120,662,673 |
| Pension plan accruals and contributions | $9,318,827 |
| Other employee benefits | $17,221,805 |
| Payroll taxes | $9,340,870 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,739,253 |
| Fees for services: Accounting | $500,457 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,266,051 |
| Fees for services: Other | $24,087,064 |
| Advertising and promotion | $22,835,446 |
| Office expenses | $12,524,171 |
| Information technology | $23,148,485 |
| Royalties | $0 |
| Occupancy | $2,578,475 |
| Travel | $2,570,741 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $819,642 |
| Interest | $1,226,514 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,162,467 |
| Insurance | $7,440,082 |
| All other expenses | $2,381,260 |
| Total functional expenses | $5,715,475,896 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $131,007,485 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,225,874,597 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,572,794 |
| Net Land, buildings, and equipment | $39,084,148 |
| Investments—publicly traded securities | $780,819,420 |
| Investments—other securities | $452,154,186 |
| Investments—program-related | $0 |
| Intangible assets | $616,175 |
| Other assets | $6,346,352 |
| Total assets | $2,647,475,157 |
| Accounts payable and accrued expenses | $188,199,433 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,199,710,814 |
| Total liabilities | $1,387,910,247 |
| Net assets without donor restrictions | $1,259,564,910 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,647,475,157 |
Grants Awarded
Over the last fiscal year, Government Employees Health Association Inc has awarded $1,986,079 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
THE KANSAS UNIVERSITY ENDOWMENT ASSOCIATION PURPOSE: University support | $1,500,000 |
15 AND THE MAHOMIES FOUNDATION PURPOSE: Improving the lives of children | $35,000 |
VETERANS COMMUNITY PROJECT PURPOSE: Provide housing for veterans | $36,357 |
UNITED WAY PURPOSE: To support mission to improve lives | $28,000 |
BLUFORD HEALTHCARE LEADERSHIP INSTITUTE PURPOSE: Develop Potential of undergrads | $25,000 |
CHILDREN'S MERCY HOSPITAL PURPOSE: Support to provide excellent healthcare | $20,000 |