2025-02-17T17:24:05-06:00 2024-03-31 450334950 WIDMER ROEL PC 4220 31ST AVE S FARGO ND 58104 990 2023-04-01 363729320 BUILDING INDUSTRY HEALTH PLAN OF THE RED RIVER VALLEY BUIL 7012325846 1802 32ND AVE S FARGO ND 581036702 BRYCE JOHNSON PLAN ADMINISTRATOR 7012325846 2025-02-17 1 0 TRACEE S BUETHNER CPA P01292877 7012376022 2023 2025-03-06 01:10:19Z X 1802 32ND AVE S FARGO ND 581036702 50912006 0 X WWW.BUILDRRV.ORG X 1986 ND PROVISION OF HEALTH BENEFITS TO THE EMPLOYEES AND THEIR DEPENDENTS OF THE MEMBERS OF THE BUILDING INDUSTRY ASSOCIATION OF THE RED RIVER VALLEY. 7 7 0 13 3851272 3839747 0 0 40910917 43124589 461404 3851272 0 1 41372321 46975862 0 0 37779051 38759055 0 0 0 0 0 2455149 4508294 40234200 43267349 1138121 3708513 22669960 26768645 3928121 5978998 18741839 20789647 PROVISION OF HEALTH BENEFITS TO THE EMPLOYEES AND THEIR DEPENDENTS OF THE MEMBERS OF THE BUILDING INDUSTRY ASSOCIATION OF THE RED RIVER VALLEY. 0 0 43124589 PAYMENTS TO BLUE CROSS AND BLUE SHIELD OF ND AND OTHER RELATED EXPENSES FOR THE PROVISION OF HEALTH BENEFITS FOR ALL OF THE PARTICIPANTS IN THE HEALTH PLAN AND THEIR DEPENDENTS. THERE WERE 3,386 UNIQUE PARTICIPANTS AT THE END OF THE YEAR. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 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 5 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 X BRYCE JOHNSON 7012325846 1802 32ND AVE S FARGO ND 581036702 GENE THURSTON CHAIR 0.25 X X 0 0 0 DAN FRISCH SECRETARY 0.25 X X 0 0 0 JANA BYE TRUSTEE 0.25 X 0 0 0 TOBY CHRISTENSEN TRUSTEE 0.25 X 0 0 0 KENT HEIMARK TRUSTEE 0.25 X 0 0 0 CASEY JACKSON TRUSTEE 0.25 X 0 0 0 DAVID REID TRUSTEE (HBA PAST PRESIDENT) 0.25 X 0 0 0 BILL ROTHMAN PRESIDENT 0.25 X 0 0 0 BRYCE JOHNSON ADMINISTRATOR 1.50 X 0 123709 20069 0 123709 20069 0 0 0 0 0 CONTRIBUTIONS 525100 39546126 39546126 PHARMACY REBATES 525100 3578463 3578463 43124589 760482 760482 7026934 3936144 3090790 3090790 3090790 LAWSUIT SETTLEMENT 541100 1 1 1 46975862 43124589 3851272 1 38759055 10956 29773 10525 5106 1425 17583 ADMINISTRATION FEES 2650437 FEDERAL INCOME TAX 1420000 CONSULTING 133731 OPIOID MANAGEMENT SERVI 107900 120858 43267349 125822 741203 2892655 3869959 41501 700109 22500 18500 19587482 21438874 22669960 26768645 30451 169576 3897670 5809422 3928121 5978998 X 0 0 0 0 18741839 20789647 18741839 20789647 22669960 26768645 3708513 -1660705 0 X X 0 1 X 1 0 0 1307500 CLAIMS PAYABLE 1522922 EST. CLAIMS INCURRED BUT NOT PAID 2979000 5809422 X 41726168 -1660705 -1660705 43386873 10525 3578464 3588989 46975862 39031660 0 39031660 10525 4225164 4235689 43267349 PART X, LINE 2: THE INTERNAL REVENUE SERVICE ("IRS") HAS DETERMINED AND INFORMED MANAGEMENT BY LETTER DATED NOVEMBER 14, 1990, THAT THE PLAN AND RELATED TRUST ARE DESIGNED IN ACCORDANCE WITH APPLICABLE SECTIONS OF THE INTERNAL REVENUE CODE ("IRC"). HOWEVER, AS A RESULT OF THE PLAN'S FUNDING POLICY, FROM TIME TO TIME THE TRUST MAY BE SUBJECT TO INCOME TAXES. FEDERAL INCOME TAX EXPENSE TOTALED $1,420,000 FOR THE YEAR ENDING MARCH 31, 2024. THE PLAN RECOGNIZED $-0- IN PREPAID INCOME TAX FOR THE YEAR ENDED MARCH 31, 2024 RELATING TO UNRELATED BUSINESS TAXABLE INCOME. STATE INCOME TAX EXPENSE TOTALED $98,000 FOR THE YEAR ENDING MARCH 31, 2024. THE PLAN RECOGNIZED $1,307,500 IN FEDERAL INCOME TAXES PAYABLE FOR THE YEAR ENDED MARCH 31, 2024, RELATING TO UNRELATED TAXABLE INCOME. IN ADDITION, THE PLAN AND THE TRUST ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC AND MAINTAIN THE TAX-EXEMPT STATUS OF THE TRUST. THE PLAN ADMINISTRATOR BELIEVES THAT THE PLAN IS BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC AND, THEREFORE, BELIEVES THAT THE RELATED TRUST IS TAX-EXEMPT. 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 (OR ASSET) IF IT HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 4B - OTHER ADJUSTMENTS: PHARMACY REBATES 3,578,463. ROUNDING 1. PART XII, LINE 4B - OTHER ADJUSTMENTS: PHARMACY REBATES 3,578,463. NET INCREASE IN BENEFIT OBLIGATION 646,701. FORM 990, PART VI, SECTION A, LINE 8B FARGO-MOORHEAD HOME BUILDERS HEALTH PLAN AND TRUST DOESN'T HAVE A COMMITTEE THAT ACTS ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE EMAILED TO THE PLAN MANAGEMENT COMMITTEE SO THEY HAVE AN OPPORTUNITY TO REVIEW IT BEFORE IT IS FILED. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 IS AVAILABLE AT THE BIA-RRV OFFICE FOR PUBLIC INSPECTION. THE PARTICIPANTS ARE NOTIFIED OF THIS THROUGH THE NEWSLETTER. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. BUILDING INDUSTRY ASSOCIATION OF THE RED RIVER VALLEY 1802 32ND AVENUE SOUTH FARGO ND 581036702 450275981 TRADE ASSOCIATION FOR THE HOUSING BUILDING INDUSTRIES ND 501(C)(6) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 BUILDING INDUSTRY ASSOCIATION OF THE RED RIVER VALLEY N