2024-10-30T14:01:19-07:00 2023-12-31 990 2023-01-01 421294150 COOPERATIVE WELFARE BEN FD (IA & NE) COOP 5152260303 1415 28TH STREET WEST DES MOINES IA 502661450 RICK SMITHPETER BOARD OF TRUSTEES-CHAIR 5152260303 2024-10-24 true 2023 2024-10-15 13:58:12Z RICK SMITHPETER 3880 S 149TH ST SUITE 107 OMAHA NE 68144 91341225 false X N/A X 1987 IA THE TRUST WAS ESTABLISHED TO PROVIDE FOR THE PAYMENT OF DEATH, DISABILITY, AD&D, DEPENDENT CARE AND MEDICAL BENEFITS, AND SUCH OTHER BENEFITS DESIGNED TO ENHANCE THE HEALTH AND WELFARE OF EMPLOYEES AND THEIR DEPENDENTS OF PARTICIPATING EMPLOYERS. 8 0 0 8 159247 504866 0 62707150 70979541 32056 159247 4603604 91788 67342810 71230576 0 61269521 66828650 0 0 0 2751106 5646475 64020627 72475125 3322183 -1244549 17890520 20314913 6551026 9572951 11339494 10741962 THE TRUST WAS ESTABLISHED TO PROVIDE FOR THE PAYMENT OF DEATH, DISABILITY, AD&D, DEPENDENT CARE AND MEDICAL BENEFITS, AND SUCH OTHER BENEFITS DESIGNED TO ENHANCE THE HEALTH AND WELFARE OF EMPLOYEES AND THEIR DEPENDENTS OF PARTICIPATING EMPLOYERS. false false PROVISION OF HEALTH AND WELFARE BENEFITS FOR EMPLOYEES AND DEPENDENTS OF PARTICIPATING EMPLOYERS. false false false false false false false false false false false false false true false false true false false false false false false false false false false false false false false false false false false false false false false false true false false true 0 0 true 0 true true false false false false false false false X 8 0 false false false false false true false true true true false true false false false false false false IA X ASSOCIATED BENEFITS CORPORATION 5152260303 1415 28TH STREET STE 100 WEST DES MOINES IA 502661450 X X CARLA ELLIOTT TRUSTEE 1.00 X 0 0 0 MONTE HAMILTON TRUSTEE 1.00 X 0 0 0 NANCY HUGHES TRUSTEE 1.00 X 0 0 0 TODD NETTEN TRUSTEE 1.00 X 0 0 0 CRAIG MOMMER TRUSTEE 1.00 X 0 0 0 KATHLEEN LYONS TRUSTEE 1.00 X 0 0 0 DIANE STREIT TRUSTEE 1.00 X 0 0 0 RICK SMITHPETER CHAIR 1.00 X 0 0 0 0 0 0 0 false false false WELLMARK INC 1331 GRAND AVENUE DES MOINES IA 503069232 CLAIM ADMINISTRATION 2599467 DELTA DENTAL OF IOWA 9000 NORTHPARK DR JOHNSTON IA 50131 CLAIMS ADMINISTRATION 145831 2 PREMIUM/FSA CONTRIBUTIONS 900001 70979541 0 0 70979541 528761 528761 0 19741135 20110649 -369514 -369514 0 -369514 0 OTHER INCOME 900001 91788 91788 0 0 91788 71230576 71071329 159247 0 66828650 0 BANK FEES 15795 0 0 0 INCOME TAXES 167357 0 0 0 PPO NETWORK/ADMIN EXP 2913323 0 0 0 CHANGE IN IBNR 2550000 0 0 0 72475125 0 0 0 2305 10801 3102570 1994901 2346130 3781677 12439515 14527534 17890520 20314913 213038 241697 6337988 9331254 6551026 9572951 X 11339494 10741962 11339494 10741962 17890520 20314913 -1244549 647017 X false true X true false INCOME TAXES PAYABLE 29282 CLAIM RESERVES 7311109 REIMBURSEMENTS DUE TO PARTICIPANTS/CREDITS DUE TO COOPS 200863 SECURITIES PENDING SETTLEMENT 0 PREMIUM DEFICIENCY RESERVE 1790000 9331254 Other Pt IV, LINE 12b AND Pt XII, LINE 2b - THE ORGANIZATION IS PART OF THE AUDITED FINANCIAL STATEMENTS FOR THE COOPERATIVE WELFARE BENEFITS PLAN AND ASSOCIATED BENEFITS CORPORATION SECTION 125 PLAN. Pt VI, Line 7a ASSOCIATED BENEFITS CORPORATION (ABC) MAY REMOVE ANY OR ALL OF THE TRUSTEES FROM THEIR OFFICE. IN THE EVENT OF A REMOVAL, RESIGNATION, DEATH, INCAPACITY, OR UNWILLINGNESS TO SERVE OF ANY TRUSTEE, ABC SHALL ELECT A SUCCESSOR TRUSTEE, WHO SHALL AGREE IN WRITING TO BE BOUND AS A TRUSTEE BY PROVISIONS OF THE TRUST AGREEMENT. ALL ACTIONS AND DECISIONS OF THE BOARD OF TRUSTEES SHALL BE DETERMINED BY A MAJORITY VOTE OF THE TRUSTEES AT ANY MEETING OF THE TRUSTEES. Pt VI, Line 11b THE AUDIT & BUDGET COMMITTEE REVIEWS AND APPROVES THE AUDITED FINANCIAL STATEMENTS WHICH ARE THEN USED TO COMPLETE THE FORM 990. THE FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING THE FORM. THIS REVIEW INCLUDES AN OVERVIEW OF THE FORM AND DISCUSSIONS RELATED TO KEY SECTIONS. Pt VI, Line 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Other Pt VII, COL (B) - DIANE STREIT WORK 40 HOURS FOR NEW COOPERATIVE, INC.; CARLA ELLIOTT WORKS 40 HOURS FOR INNOVATIVE AG SERVICES CO.; NANCY HUGHES WORKS 40 HOURS FOR RIVER VALLEY COOPERATIVE; TODD NETTEN WORKS 40 HOURS FOR COOPERATIVE FARMERS ELEVATOR; RICK SMITHPETER WORKS 40 HOURS FOR CENTRAL VALLEY AG COOPERATIVE; CRAIG MOMMER WORKS 40 HOURS FOR HEARTLAND AND MONTE HAMILTON WORKS 40 HOURS FOR UNITED FARMERS COOPERATIVE; AS RELATED ORGANIZATIONS. Pt VII, Col (E) THE FILING ORGANIZATION IS NOT REQUIRED TO REPORT THE COMPENSATION PAID TO A VOLUNTEER TRUSTEE FROM A RELATED ORGANIZATION BASED UPON THE VOLUNTEER EXCEPTION. Pt VII, Col (F) THE FILING ORGANIZATION IS NOT REQUIRED TO REPORT THE COMPENSATION PAID TO A VOLUNTEER TRUSTEE FROM A RELATED ORGANIZATION BASED UPON THE VOLUNTEER EXCEPTION. Form 990, Part VI, Line 9 CARLA ELLIOTT 2010 S. MAIN ST. MONTICELLO IA XXX-XX-XXXX Form 990, Part VI, Line 9 NANCY HUGHES PO BOX 256 ELDRIDGE IA 52748 Form 990, Part VI, Line 9 TODD NETTEN 1219 MAIN ST., PO BOX 37 ROCK VALLEY IA XXX-XX-XXXX Form 990, Part VI, Line 9 RICK SMITHPETER 3880 S. 149TH ST., SUITE 107 OMAHA NE 68144 Form 990, Part VI, Line 9 KATHLEEN LYONS 220 SW 9TH STREET, SUITE 300 DES MOINES IA 50309 Form 990, Part VI, Line 9 CRAIG MOMMER PO BOX 71399 DES MOINES IA XXX-XX-XXXX Form 990, Part VI, Line 9 MONTE HAMILTON 203 WEST OAK RED OAK IA 51566 Form 990, Part VI, Line 9 DIANE STREIT 2626 1ST AVE.S., PO BOX 818 FT. 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