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Cubs1908

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  1. So both reports are for the same period. I'm noticing this discrepancy for pretty much all companies that I was trying to validate. For example, here's what I see for this EIN. Form 990: Total number of individuals employed in calendar year: 303. Total Revenue: 23,674,433. Then for employee benefit spend, it seemingly could come from two sources. Either Part 8 line 2c (Private Insurance Rev): 590,890 or part 9 line 9 (other employee benefits): 3,229,238. In either case, it doesn't really match total benefit spend from the 5500. Form 5500 Total number of employees: 217. Total Income: 2,511,761. Total Benefit Spend: 530,428. My goal is to get these to match as closely as possible. Do you know what might be explaining differences between something like total revenue and total income or the differences in reported benefits? Thanks!
  2. Apologies, definitely should’ve been more clear. The biggest thing I’m trying to do is reconcile some of the reported figures from a 990 and 5500 health benefits form. From what I can tell, the 990 reports the non-profit level figures for major metrics like company revenue, liabilities, and a bunch of other metrics like spend towards employee benefits. In theory, it seemed like I could cross-reference those figures with the 5500 form to match up those figures. For example- employee benefits spend listed in the 990 matching with the premium received amt from the 5500 schedule A. Or, revenue/liabilities from the 990 matched with reported figures from 5500 Schedule H. It may be my misunderstanding, but are those not referring to the same thing? thanks!
  3. This impacts things like number of employees, revenue (as represented by TOT INCOME on the 990 and Revenue on 5500), liabilities, cash on hand, etc. Can anyone help me understand why I'm seeing those differences?
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