Nonprofit · EIN 46-4332220
SOUTH DAKOTA BANKERS BENEFIT PLAN TRUST
Tax-exempt · PIERRE, SD 57501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $19,795,883 | $21,078,850 | -$1,282,967 | $15,706,228 | $7,124,427 | $8,581,801 |
| December 31, 2023 | 990 | $21,098,820 | $19,530,395 | $1,568,425 | $13,140,277 | $3,714,162 | $9,426,115 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $19,525,305
- Investment income
- $269,202
- Other revenue
- $1,376
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $19,508,940
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $39,518
- Accounting fees
- $101,917
- Program services (functional)
- $21,078,850
Balance sheet and other
- Total assets, start of year
- $13,140,277
- Total assets, end of year
- $15,706,228
- Total liabilities, end of year
- $7,124,427
- Net assets, end of year
- $8,581,801
- Publicly traded securities
- $3,901,752
- Gross unrelated business income
- $269,202
- Gross receipts
- $19,795,883
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2014
- State of legal domicile
- SD
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID KING | CHAIRMAN Trustee or director | 3 | $0 |
| GEORGE KENZY | DIRECTOR Trustee or director | 1.5 | $0 |
| DEAN DREESSEN | CO-CHAIRMAN Trustee or director | 1 | $0 |
| MARK LAW | SECRETARY Trustee or director | 1 | $0 |
| JOSEPH ANGLIN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID KING | CHAIRMAN Trustee or director | 3 | $0 |
| GEORGE KENZY | DIRECTOR Trustee or director | 1.5 | $0 |
| DEAN DREESSEN | CO-CHAIRMAN Trustee or director | 1 | $0 |
| MARK LAW | SECRETARY Trustee or director | 1 | $0 |
| JOSEPH ANGLIN | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 109 W MISSOURI AVE, PIERRE, SD 57501-4505
- In care of
- % NADINE KEPFORD
- Principal officer (990 for 2024)
- DAVID KING, 109 MISSOURI AVENUE, PIERRE, SD 57501
- Signed the 990
- DAVID KING, CHAIRMAN
- Phone
- (605) 660-2341
- Return prepared by
- DELOITTE TAX LLP
Mission
THE SDBBP TRUST WAS ESTABLISHED TO PROVIDE GROUP HEALTH INSURANCE COVERAGE TO SUBSTANTIALLY ALL EMPLOYEES OF PARTICIPATING EMPLOYERS.
Program accomplishments
- THE SDBBP TRUST WAS ESTABLISHED TO PROVIDE GROUP HEALTH INSURANCE COVERAGE TO SUBSTANTIALLY ALL EMPLOYEES OF PARTICIPATING EMPLOYERS.Expenses $21,078,850 · revenue $19,526,681
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-4332220
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y43)
- Assets (IRS master file)
- $15,706,228
- Income (IRS master file)
- $19,795,883
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $19,795,883 | $21,078,850 | $15,706,228 | IRS |
| 990 | December 2023 | $21,098,820 | $19,530,395 | $13,140,277 | XML |
| 990 | December 2022 | $19,894,999 | $19,650,178 | $9,798,535 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 46-4332220).
Questions about SOUTH DAKOTA BANKERS BENEFIT PLAN TRUST
- What is the EIN of SOUTH DAKOTA BANKERS BENEFIT PLAN TRUST?
- The employer identification number (EIN) of SOUTH DAKOTA BANKERS BENEFIT PLAN TRUST is 46-4332220.
- Is SOUTH DAKOTA BANKERS BENEFIT PLAN TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2016.
- Are donations to SOUTH DAKOTA BANKERS BENEFIT PLAN TRUST tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SOUTH DAKOTA BANKERS BENEFIT PLAN TRUST 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 SOUTH DAKOTA BANKERS BENEFIT PLAN TRUST 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 SOUTH DAKOTA BANKERS BENEFIT PLAN TRUST 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 SOUTH DAKOTA BANKERS BENEFIT PLAN TRUST?
- The 990 for the year ended December 31, 2024 names DAVID KING.
- Who are the officers and directors of SOUTH DAKOTA BANKERS BENEFIT PLAN TRUST?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does SOUTH DAKOTA BANKERS BENEFIT PLAN TRUST have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $19,795,883, expenses of $21,078,850 and total assets of $15,706,228 at year end.
Other nonprofits in PIERRE
- OAHE GENERAL ASSEMBLY 1657 EIN 51-0153683 · last filed 990-N for 2025
- AVERA ST MARYS EIN 46-0230199 · last filed 990 for 2025
- DELTA DENTAL OF SOUTH DAKOTA EIN 46-0309258 · last filed 990 for 2025
- SOUTH DAKOTA COMMUNITY FOUNDATION EIN 46-0398115 · last filed 990 for 2024
- COMMUNITY COORDINATED TRANSPORTATION SYSTEM EIN 46-0449059 · last filed 990 for 2025
- INDIAN BOARD OF EDUCATION FOR THE PIERRE INDIAN SCHOOL EIN 46-0315553 · last filed 990 for 2025
- CAPITAL AREA COUNSELING SERVICE INC EIN 46-0305571 · last filed 990 for 2025
- SOUTH DAKOTA HIGH SCHOOL ACTIVITIES ASSOCIATION EIN 46-0226282 · last filed 990 for 2025
All nonprofits in PIERRE · South Dakota · Mutual and membership benefit