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Nonprofit · EIN 20-2507737

CITY OF MINNEAPOLIS HEALTH REIMBURSEMENT ARRANGEMENT PLAN TR

Tax-exempt · SAINT PAUL, MN 55164

Financials

$7.7M$7.5M2023$8.7M$8.1M2024$9.1M$7.9M2025
Revenue Expenses · by fiscal year end
Financials of CITY OF MINNEAPOLIS HEALTH REIMBURSEMENT ARRANGEMENT PLAN TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$9,075,905$7,912,929$1,162,976$30,963,618$0$30,963,618
December 31, 2024990$8,672,949$8,081,582$591,367$29,807,613$0$29,807,613
December 31, 2023990$7,724,553$7,522,574$201,979$29,126,510$0$29,126,510
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$7,728,350
Investment income
$1,347,555
Net gain from sales of assets
$118,055
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$7,867,358
Compensation of officers, directors and key employees
$45,571
Salaries, compensation and benefits (total)
$45,571
Professional fundraising fees
$0
Program services (functional)
$7,912,929

Balance sheet and other

Total assets, start of year
$29,807,613
Total assets, end of year
$30,963,618
Total liabilities, end of year
$0
Net assets, end of year
$30,963,618
Publicly traded securities
$30,002,104
Net assets without donor restrictions
$30,963,618
Gross receipts
$20,257,850
Employees
0
Year formed
2004
State of legal domicile
MN

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
US BANK NAINSTITUTIONAL TRUSTEE
Institutional trustee
–$45,571
990 for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
US BANK NATIONAL ASSOCIATION TRUSTEEINSTITUTIONAL TRUSTEE
Institutional trustee
–$42,711
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
US BANK NATIONAL ASSOCIATION TRUSTEEINSTITUTIONAL TRUSTEE
Institutional trustee
–$42,579

Address and contacts

Address (IRS master file)
PO BOX 64193, SAINT PAUL, MN 55164-0193
Principal officer (990 for 2025)
US BANK NA, PO BOX 64193, EAGAN, MN 55164
Signed the 990
U S BANK N A BY, TRUSTEE
Phone
(888) 265-7962
Return prepared by
PWC US TAX LLP

Mission

THE CITY OF MINNEAPOLIS HAS ADOPTED A HEALTH REIMBURSEMENT PLAN. THE PURPOSE OF WHICH IS TO PROVIDE WELFARE BENEFITS FOR THE EMPLOYEES OF THE CITY AND ITS INDEPENDENT BOARDS AND AGENCIES COVERED BY THE PLAN, AND TO REIMBURSE EXPENSES INCURRED BY AN EMPLOYEE OR AN EMPLOYEE'S ELIGIBLE DEPENDENTS FOR EXPENSES NOT COVERED BY OTHER INSURANCE AVAILABLE TO THE EMPLOYEE AND THE EMPLOYEE'S ELIGIBLE DEPENDENTS.

990 for the year ended December 31, 2025

Program accomplishments

  • THIS TRUST IS A VOLUNTARY EMPLOYEE BENEFIT ASSOCIATION (VEBA) THAT WAS ESTABLISHED TO FUND AND DISTRIBUTE EMPLOYEE BENEFITS.

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-2507737
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2005
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$30,963,618
Income (IRS master file)
$20,257,850

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$9,075,905$7,912,929$30,963,618IRS
990December 2024$8,672,949$8,081,582$29,807,613IRS
990December 2023$7,724,553$7,522,574$29,126,510XML
990December 2022$7,003,201$7,272,494$29,013,965IRS
990December 2021–––IRS
990December 2020–––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 20-2507737).

Questions about CITY OF MINNEAPOLIS HEALTH REIMBURSEMENT ARRANGEMENT PLAN TR

What is the EIN of CITY OF MINNEAPOLIS HEALTH REIMBURSEMENT ARRANGEMENT PLAN TR?
The employer identification number (EIN) of CITY OF MINNEAPOLIS HEALTH REIMBURSEMENT ARRANGEMENT PLAN TR is 20-2507737.
Is CITY OF MINNEAPOLIS HEALTH REIMBURSEMENT ARRANGEMENT PLAN TR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2005.
Are donations to CITY OF MINNEAPOLIS HEALTH REIMBURSEMENT ARRANGEMENT PLAN TR tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CITY OF MINNEAPOLIS HEALTH REIMBURSEMENT ARRANGEMENT PLAN TR 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 CITY OF MINNEAPOLIS HEALTH REIMBURSEMENT ARRANGEMENT PLAN TR due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CITY OF MINNEAPOLIS HEALTH REIMBURSEMENT ARRANGEMENT PLAN TR last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of CITY OF MINNEAPOLIS HEALTH REIMBURSEMENT ARRANGEMENT PLAN TR?
The 990 for the year ended December 31, 2025 names US BANK NA.
Who are the officers and directors of CITY OF MINNEAPOLIS HEALTH REIMBURSEMENT ARRANGEMENT PLAN TR?
The 990 for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $45,571 (US BANK NA, INSTITUTIONAL TRUSTEE).
How much revenue does CITY OF MINNEAPOLIS HEALTH REIMBURSEMENT ARRANGEMENT PLAN TR have?
On its 990 for the year ended December 31, 2025 it reported revenue of $9,075,905, expenses of $7,912,929 and total assets of $30,963,618 at year end.

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