2025-02-13T07:49:26-06:00 2024-03-31 430352985 KERBER ECK & BRAECKEL LLP 3200 ROBBINS ROAD STE 200A SPRINGFIELD IL 62704 990 2023-04-01 376082547 ILLINOIS BANKERS GROUP INSURANCE TRUST ILLI 2177899340 3201 WEST WHITE OAKS DRIVE 400 SPRINGFIELD IL 62704 ERICH BLOXDORF PLAN ADMINISTRATOR 2177899340 2025-02-03 1 0 MICHELLE REISNER P01631881 2177890960 2025-02-03 2023 2025-03-06 01:10:19Z DANE CLEVEN 3201 W WHITE OAKS DRIVE SUITE 400 SPRINGFIELD IL 62704 24782247 0 X HTTPS://WWW.ILLINOIS.BANK/SOLUTIONS/INSURANCE-PRO X 1967 IL TO PROVIDE LIFE, ACCIDENT, HEALTH, DENTAL, VISION AND DISABILITY INSURANCE FOR ELIGIBLE EMPLOYEES AND RETIREES OF ILLINOIS BANKERS ASSOCIATION MEMBERS. 7 7 2 0 0 0 0 0 22130045 22478005 130887 198031 0 0 22260932 22676036 0 0 21757898 22841532 229001 243295 0 0 0 459038 506646 22445937 23591473 -185005 -915437 7155983 7103329 1573459 2278167 5582524 4825162 TO PROVIDE LIFE, ACCIDENT, HEALTH, DENTAL, VISION AND DISABILITY INSURANCE FOR ELIGIBLE EMPLOYEES AND RETIREES OF ILLINOIS BANKERS ASSOCIATION MEMBERS. 0 0 TO PROVIDE LIFE, ACCIDENT, HEALTH, DENTAL, VISION AND DISABILITY INSURANCE FOR ELIGIBLE EMPLOYEES AND RETIREES OF ILLINOIS BANKERS ASSOCIATION MEMBERS. N/A N/A 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 2 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 0 0 0 X MARK BENNETT 2177899340 3201 W WHITE OAKS DRIVE SUITE 400 SPRINGFIELD IL 62704 X DANE CLEVEN CHAIRMAN 2.00 X X 0 0 0 CRAIG HEPNER VICE CHAIRMAN 2.00 X X 0 0 0 KENNETH B ELMORE TRUSTEE 2.00 X 0 0 0 TJ BURGE TRUSTEE 2.00 X 0 0 0 WALTER HASSELBRING III TRUSTEE 2.00 X 0 0 0 JUSTIN FENTRESS TRUSTEE 2.00 X 0 0 0 KATHLEEN MARINANGEL TRUSTEE 2.00 X 0 0 0 MICHAEL M MAHORNEY SENIOR TRUST ADVISOR 40.00 X 134757 0 9725 134757 0 9725 1 0 0 0 0 EMPLOYER CONTRIBUTIONS 900001 22478005 22478005 22478005 213381 213381 2090861 2106211 -15350 -15350 -15350 22676036 22462655 0 213381 22841532 202016 11975 13732 15572 134381 21963 19250 19804 209372 2130 8530 2653 9616 RATE SUBSIDY 68503 INCOME TAXES 3860 PAYROLL EXPENSE 2688 MISCELLANEOUS 1555 2341 23591473 1391377 1331903 787632 554134 144 150401 150401 0 0 4948612 5179755 28218 37537 7155983 7103329 281759 962228 1291700 1315939 1573459 2278167 X 0 0 0 0 5582524 4825162 5582524 4825162 7155983 7103329 -915437 158075 0 X 0 1 X 1 0 44656 44656 0 105745 105745 0 0 X 22814307 158075 158075 22656232 19804 19804 22676036 23571669 0 23571669 19804 19804 23591473 PART X, LINE 2: THE PLAN HAS OBTAINED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE WHICH STATED THAT THE PLAN, AS THEN DESIGNED, WAS IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE. THE PLAN HAS BEEN AMENDED AND RESTATED SINCE RECEIVING THE LETTER, HOWEVER, THE PLAN ADMINISTRATOR AND PLAN COUNSEL BELIEVE THAT THE PLAN IS DESIGNED AND IS CURRENTLY BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE. THE PLAN IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE (IRC), EXCEPT THAT INVESTMENT INCOME EARNED ON WHAT THE IRC DEEMS "EXCESS RESERVES" IS CONSIDERED "UNRELATED BUSINESS INCOME, AND, AS SUCH, IS SUBJECT TO FEDERAL AND STATE INCOME TAXES. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY IF THE PLAN HAS TAKEN ANY UNCERTAIN POSITION THAT MORE THAN LIKELY WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. FORM 990, PART VI, SECTION A, LINE 6 ILLINOIS BANKERS ASSOCIATION MEMBERS MAY PARTICIPATE IN THE TRUST'S PLAN WITH BLUE CROSS BLUE SHIELD OF ILLINOIS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE TRUST ELECT THE TRUSTEES FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS OF THE TRUST ELECT THE TRUSTEES FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED BY A CPA, REVIEWED BY THE PLAN ADMINISTRATOR AND IS MADE AVAILABLE TO THE TRUSTEES FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C AT EACH SEPTEMBER MEETING OF THE ORGANIZATION'S TRUSTEES, EACH OF THE TRUSTEES AND THE PLAN ADMINISTRATOR EXECUTE A CONFLICT OF INTEREST POLICY ACKNOWLDGING THEIR CONTINUED OBLIGATIONS UNDER THE POLICY. IN ADDITION, THE TRUSTEES DISCUSS AND ACT ON ANY MATTERS WHICH MAY INVOKE THE POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO MEMBERSHIP UPON WRITTEN REQUEST. ILLINOIS BANKERS ASSOCIATION 301 W WHITE OAKS DRIVE SUITE 400 SPRINGFIELD IL 62704 363215107 MEMBERSHIP IL 501(C)(6) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 ILLINOIS BANKERS ASSOCIATION O 110345 NUMBER OF HOURS WORKED ILLINOIS BANKERS ASSOCIATION N 21311 % OF SQUARE FOOTAGE ILLINOIS BANKERS ASSOCIATION P 2725 ACTUAL COSTS