Nonprofit · EIN 47-5094550
PRINCIPAL TR FOR MEDICARE-ELIGIBLE POST-RETIREMENT MEDICAL BENEFITS
Tax-exempt · DES MOINES, IA 50392
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,045,544 | $1,643,922 | -$598,378 | $25,072,627 | $93 | $25,072,534 |
| December 31, 2023 | 990 | $1,063,280 | $1,606,536 | -$543,256 | $25,670,959 | $47 | $25,670,912 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $67,301
- Investment income
- $978,243
- Net gain from sales of assets
- $168,230
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $1,277,265
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $1,643,922
Balance sheet and other
- Total assets, start of year
- $25,670,959
- Total assets, end of year
- $25,072,627
- Total liabilities, end of year
- $93
- Net assets, end of year
- $25,072,534
- Publicly traded securities
- $24,866,319
- Gross unrelated business income
- $978,243
- Gross receipts
- $1,045,544
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2015
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Binay Chandgothia | Investment Committee Trustee or director | 1 | $0 |
| Jack Bishop | Investment Committee Trustee or director | 1 | $0 |
| Staci Cunningham | Investment Committee Trustee or director | 1 | $0 |
| Kara Hoogensen | Investment Committee Trustee or director | 1 | $0 |
| Kenneth McCullum | Investment Committee Trustee or director | 1 | $0 |
| Joel Pitz | Investment Committee Trustee or director | 1 | $0 |
| Dwight Soethout | Investment Committee Trustee or director | 1 | $0 |
| Janis Benson | Investment Committee Trustee or director | 1 | $0 |
| Lisa Coulson | Administration Committee Trustee or director | 1 | $0 |
| Joseph McCarty | Administration Committee Trustee or director | 1 | $0 |
| Andy Schafer | Administration Committee Trustee or director | 1 | $0 |
| Jon Couture | Administration Committee Trustee or director | 1 | $0 |
| Brian Ness | Administration Committee Trustee or director | 1 | $0 |
| Kevin Farley | Administration Committee Trustee or director | 1 | $0 |
| Gina Graham | Administration Committee Trustee or director | 1 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dennis Menken | Investment Committee Former | 1 | $0 |
| Deanna Strable | Investment Committee Former | 1 | $0 |
| Shea Treadway | Administration Committee Former | 1 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dennis Menken | Investment Committee Trustee or director | 1 | $0 |
| Jack Bishop | Investment Committee Trustee or director | 1 | $0 |
| Staci Cunningham | Investment Committee Trustee or director | 1 | $0 |
| Kara Hoogensen | Investment Committee Trustee or director | 1 | $0 |
| Kenneth McCullum | Investment Committee Trustee or director | 1 | $0 |
| Joel Pitz | Investment Committee Trustee or director | 1 | $0 |
| Dwight Soethout | Investment Committee Trustee or director | 1 | $0 |
| Deanna Strable | Investment Committee Trustee or director | 1 | $0 |
| Janis Winterhof | Investment Committee Trustee or director | 1 | $0 |
| Lisa Coulson | Administration Committee Trustee or director | 1 | $0 |
| Joseph McCarty | Administration Committee Trustee or director | 1 | $0 |
| Shea Treadway | Administration Committee Trustee or director | 1 | $0 |
| Jon Couture | Administration Committee Trustee or director | 1 | $0 |
| Brian Ness | Administration Committee Trustee or director | 1 | $0 |
| Kevin Farley | Administration Committee Trustee or director | 1 | $0 |
| Gina Graham | Administration Committee Trustee or director | 1 | $0 |
| Lisa Coulson | Investment Committee Former | 1 | $0 |
| Nathan Schelhaas | Administration Committee Former | 1 | $0 |
| Andrew Dion | Administration 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 Benefits to Members
Program accomplishments
- Benefits Paid to or for MembersExpenses $1,277,265
- Taxes Paid on Investment Income of the TrustExpenses $366,657
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
- 47-5094550
- 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)
- $25,072,627
- Income (IRS master file)
- $1,045,544
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,045,544 | $1,643,922 | $25,072,627 | IRS |
| 990 | December 2023 | $1,063,280 | $1,606,536 | $25,670,959 | XML |
| 990 | December 2022 | $1,234,209 | $2,051,658 | $26,214,168 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 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 47-5094550).
Questions about PRINCIPAL TR FOR MEDICARE-ELIGIBLE POST-RETIREMENT MEDICAL BENEFITS
- What is the EIN of PRINCIPAL TR FOR MEDICARE-ELIGIBLE POST-RETIREMENT MEDICAL BENEFITS?
- The employer identification number (EIN) of PRINCIPAL TR FOR MEDICARE-ELIGIBLE POST-RETIREMENT MEDICAL BENEFITS is 47-5094550.
- Is PRINCIPAL TR FOR MEDICARE-ELIGIBLE POST-RETIREMENT MEDICAL BENEFITS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2016.
- Are donations to PRINCIPAL TR FOR MEDICARE-ELIGIBLE POST-RETIREMENT MEDICAL BENEFITS tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PRINCIPAL TR FOR MEDICARE-ELIGIBLE POST-RETIREMENT MEDICAL BENEFITS 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 PRINCIPAL TR FOR MEDICARE-ELIGIBLE POST-RETIREMENT MEDICAL BENEFITS 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 PRINCIPAL TR FOR MEDICARE-ELIGIBLE POST-RETIREMENT MEDICAL BENEFITS 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 PRINCIPAL TR FOR MEDICARE-ELIGIBLE POST-RETIREMENT MEDICAL BENEFITS?
- The 990 for the year ended December 31, 2024 names Mark Konrad.
- Who are the officers and directors of PRINCIPAL TR FOR MEDICARE-ELIGIBLE POST-RETIREMENT MEDICAL BENEFITS?
- The 990 for the year ended December 31, 2024 lists 18 people; 0 received compensation from the organization.
- How much revenue does PRINCIPAL TR FOR MEDICARE-ELIGIBLE POST-RETIREMENT MEDICAL BENEFITS have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,045,544, expenses of $1,643,922 and total assets of $25,072,627 at year end.
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