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Nonprofit · EIN 42-1364494

THE PRINCIPAL TRUST FOR HEALTH BENS FOR EES AND NON-MEDICARE ELIG RETS

Also known as NARBER G R TTEE

Tax-exempt · DES MOINES, IA 50392

Financials

$76.4M$190.6M2023$77.2M$190.5M2024
Revenue Expenses · by fiscal year end
Financials of THE PRINCIPAL TRUST FOR HEALTH BENS FOR EES AND NON-MEDICARE ELIG RETS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$77,203,470$190,484,493-$113,281,023$201,726,564$1,815,931$199,910,633
December 31, 2023990$76,436,476$190,551,334-$114,114,858$313,502,723$311,067$313,191,656
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$53,824,825
Investment income
$5,994,542
Net gain from sales of assets
$125,632
Other revenue
$17,384,103

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$179,547,309
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$190,484,493

Balance sheet and other

Total assets, start of year
$313,502,723
Total assets, end of year
$201,726,564
Total liabilities, end of year
$1,815,931
Net assets, end of year
$199,910,633
Publicly traded securities
$52,672,770
Gross unrelated business income
$5,415,379
Gross receipts
$77,203,470
Employees
0
Volunteers
0
Year formed
1992
State of legal domicile
IA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Binay ChandgothiaInvestment Committee
Trustee or director
1$0
Jack BishopInvestment Committee
Trustee or director
1$0
Staci CunninghamInvestment Committee
Trustee or director
1$0
Kara HoogensenInvestment Committee
Trustee or director
1$0
Kenneth McCullumInvestment Committee
Trustee or director
1$0
Joel PitzInvestment Committee
Trustee or director
1$0
Dwight SoethoutInvestment Committee
Trustee or director
1$0
Janis BensonInvestment Committee
Trustee or director
1$0
Lisa CoulsonAdministrative Committee
Trustee or director
1$0
Joseph McCartyAdministrative Committee
Trustee or director
1$0
Jon CoutureAdministrative Committee
Trustee or director
1$0
Andy SchaferAdministrative Committee
Trustee or director
1$0
Brian NessAdministrative Committee
Trustee or director
1$0
Kevin FarleyAdministrative Committee
Trustee or director
1$0
Gina GrahamAdministrative Committee
Trustee or director
1$0
3 more people on this return
NameTitleHours / weekCompensation
Dennis MenkenInvestment Committee
Former
1$0
Deanna StrableInvestment Committee
Former
1$0
Shea TreadwayAdministrative Committee
Former
1$0
990 for the year ended December 31, 2023: 19 people
NameTitleHours / weekCompensation
Dennis MenkenInvestment Committee
Trustee or director
1$0
Jack BishopInvestment Committee
Trustee or director
1$0
Staci CunninghamInvestment Committee
Trustee or director
1$0
Kara HoogensenInvestment Committee
Trustee or director
1$0
Kenneth McCullumInvestment Committee
Trustee or director
1$0
Joel PitzInvestment Committee
Trustee or director
1$0
Dwight SoethoutInvestment Committee
Trustee or director
1$0
Deanna StrableInvestment Committee
Trustee or director
1$0
Janis WinterhofInvestment Committee
Trustee or director
1$0
Lisa CoulsonAdministrative Committee
Trustee or director
1$0
Joseph McCartyAdministrative Committee
Trustee or director
1$0
Shea TreadwayAdministrative Committee
Trustee or director
1$0
Jon CoutureAdministrative Committee
Trustee or director
1$0
Brian NessAdministrative Committee
Trustee or director
1$0
Kevin FarleyAdministrative Committee
Trustee or director
1$0
Gina GrahamAdministrative Committee
Trustee or director
1$0
Lisa CoulsonInvestment Committee
Former
1$0
Nathan SchelhaasAdministrative Committee
Former
1$0
Andrew DionAdministrative Committee
Former
1$0

Address and contacts

Address (IRS master file)
711 HIGH ST, DES MOINES, IA 50392-0001
In care of
% RICH PULLEN 711-2D80
Principal officer (990 for 2024)
Mark Konrad, 711 High Street, Des Moines, IA 50392
Signed the 990
Mark Konrad, Trustee, on Behalf of the Trustees
Phone
(515) 247-5111

Mission

Provide Health Insurance and Disability Benefits to Members

990 for the year ended December 31, 2024

Program accomplishments

  • Benefits Paid to or for Members
    Expenses $179,547,309
  • Taxes Paid on Investment Income of the Trust
    Expenses $2,121,182
  • Administrative Fees Paid by Trust
    Expenses $8,816,002

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-1364494
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$201,726,564
Income (IRS master file)
$77,203,470

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$77,203,470$190,484,493$201,726,564IRS
990December 2023$76,436,476$190,551,334$313,502,723XML
990December 2022-$16,475,014$161,237,607$343,087,939IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-1364494).

Questions about THE PRINCIPAL TRUST FOR HEALTH BENS FOR EES AND NON-MEDICARE ELIG RETS

What is the EIN of THE PRINCIPAL TRUST FOR HEALTH BENS FOR EES AND NON-MEDICARE ELIG RETS?
The employer identification number (EIN) of THE PRINCIPAL TRUST FOR HEALTH BENS FOR EES AND NON-MEDICARE ELIG RETS is 42-1364494.
Is THE PRINCIPAL TRUST FOR HEALTH BENS FOR EES AND NON-MEDICARE ELIG RETS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1992.
Are donations to THE PRINCIPAL TRUST FOR HEALTH BENS FOR EES AND NON-MEDICARE ELIG RETS tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does THE PRINCIPAL TRUST FOR HEALTH BENS FOR EES AND NON-MEDICARE ELIG RETS file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE PRINCIPAL TRUST FOR HEALTH BENS FOR EES AND NON-MEDICARE ELIG RETS due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE PRINCIPAL TRUST FOR HEALTH BENS FOR EES AND NON-MEDICARE ELIG RETS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THE PRINCIPAL TRUST FOR HEALTH BENS FOR EES AND NON-MEDICARE ELIG RETS?
The 990 for the year ended December 31, 2024 names Mark Konrad.
Who are the officers and directors of THE PRINCIPAL TRUST FOR HEALTH BENS FOR EES AND NON-MEDICARE ELIG RETS?
The 990 for the year ended December 31, 2024 lists 18 people; 0 received compensation from the organization.
How much revenue does THE PRINCIPAL TRUST FOR HEALTH BENS FOR EES AND NON-MEDICARE ELIG RETS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $77,203,470, expenses of $190,484,493 and total assets of $201,726,564 at year end.

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