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Nonprofit · EIN 71-1029753

HEALTH PROFESSIONS OF MONTANA PLAN & TRUST

Tax-exempt · MISSOULA, MT 59807

Financials

$14.7M$16.3M2023$15.6M$15.4M2024
Revenue Expenses · by fiscal year end
Financials of HEALTH PROFESSIONS OF MONTANA PLAN & TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$15,584,098$15,378,272$205,826$5,828,668$150,401$5,678,267
December 31, 2023990$14,665,057$16,315,415-$1,650,358$5,436,940$101,206$5,335,734
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$15,411,092
Investment income
$173,006
Net gain from sales of assets
-$62,660
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$12,878,149
Compensation of officers, directors and key employees
$18,000
Salaries, compensation and benefits (total)
$18,000
Professional fundraising fees
$0
Legal fees
$60,000
Accounting fees
$116,908

Balance sheet and other

Total assets, start of year
$5,436,940
Total assets, end of year
$5,828,668
Total liabilities, end of year
$150,401
Net assets, end of year
$5,678,267
Publicly traded securities
$4,236,061
Gross unrelated business income
$171,083
Gross receipts
$16,838,218
Employees
0
Volunteers
4
Year formed
2008
State of legal domicile
MT

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.

NameTitleHours / weekCompensationFrom related orgs
J Bruce Robertson MDChairman
Trustee or director, Officer
5$18,000$0
Timothy J McInnis MDTrustee
Trustee or director
2$0$5,500
Daniel ZimmermanTrustee
Trustee or director
2$0$5,500
John O'ConnorTrustee
Trustee or director
2$0$3,500
Orville Mann MDTrustee
Trustee or director
2$0$1,500
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgs
J Bruce Robertson MDChairman
Trustee or director, Officer
10$24,000$0
Timothy J McInnis MDTrustee
Trustee or director
2$0$5,500
John O'ConnorTrustee
Trustee or director
2$0$3,500
John Bisges MDTrustee
Trustee or director
2$0$3,000
Orville Mann MDTrustee
Trustee or director
2$0$2,250

Address and contacts

Address (IRS master file)
PO BOX 9406, MISSOULA, MT 59807-9406
In care of
% MONTANA MEDICAL ASSOCIATION
Principal officer (990 for 2024)
J Bruce Robertson MD, PO Box 9406, Missoula, MT 59807
Signed the 990
Timothy J McInnis MD, Trustee
Phone
(406) 443-4919
Return prepared by
Eide Bailly LLP

Mission

To be the primary choice for health benefits for health professions in Montana.

990 for the year ended December 31, 2024

Program accomplishments

  • This multiple employer welfare agreement was able to pay out $12,878,149 in health and welfare benefits to participants and beneficiaries this year. The Plan provides health benefits (medical, dental, vision and prescription) by self-funding which is re-insured with individual and aggregate stop-loss insurance coverage. The Plan provides continuation of coverage for health benefits for eligible groups as required under the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA).

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
71-1029753
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2013
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,828,668
Income (IRS master file)
$16,838,218

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$15,584,098$15,378,272$5,828,668XML
990December 2023$14,665,057$16,315,415$5,436,940XML
990December 2022$13,228,459$12,306,414$6,989,809IRS
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 71-1029753).

Questions about HEALTH PROFESSIONS OF MONTANA PLAN & TRUST

What is the EIN of HEALTH PROFESSIONS OF MONTANA PLAN & TRUST?
The employer identification number (EIN) of HEALTH PROFESSIONS OF MONTANA PLAN & TRUST is 71-1029753.
Is HEALTH PROFESSIONS OF MONTANA PLAN & TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2013.
Are donations to HEALTH PROFESSIONS OF MONTANA PLAN & TRUST tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HEALTH PROFESSIONS OF MONTANA 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 HEALTH PROFESSIONS OF MONTANA 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 HEALTH PROFESSIONS OF MONTANA 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 HEALTH PROFESSIONS OF MONTANA PLAN & TRUST?
The 990 for the year ended December 31, 2024 names J Bruce Robertson MD.
Who are the officers and directors of HEALTH PROFESSIONS OF MONTANA PLAN & TRUST?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $18,000 (J Bruce Robertson MD, Chairman).
How much revenue does HEALTH PROFESSIONS OF MONTANA PLAN & TRUST have?
On its 990 for the year ended December 31, 2024 it reported revenue of $15,584,098, expenses of $15,378,272 and total assets of $5,828,668 at year end.

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