Nonprofit · EIN 81-0457009
JOINT POWERS TRUST
Tax-exempt · BILLINGS, MT 59108
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $51,572,711 | $51,636,037 | -$63,326 | $9,312,429 | $9,178,597 | $133,832 |
| June 30, 2024 | 990 | $39,286,768 | $41,251,002 | -$1,964,234 | $7,949,957 | $7,953,027 | -$3,070 |
| June 30, 2023 | 990 | $40,852,097 | $40,230,485 | $621,612 | $8,938,212 | $7,305,228 | $1,632,984 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $51,223,017
- Investment income
- $349,694
- Net gain from sales of assets
- $128,597
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $46,399,098
- Compensation of officers, directors and key employees
- $211,075
- Other salaries and wages
- $180,637
- Salaries, compensation and benefits (total)
- $456,567
- Professional fundraising fees
- $0
- Accounting fees
- $37,750
- Travel
- $71,396
- Depreciation
- $29,655
Balance sheet and other
- Total assets, start of year
- $7,949,957
- Total assets, end of year
- $9,312,429
- Total liabilities, end of year
- $9,178,597
- Net assets, end of year
- $133,832
- Land, buildings and equipment
- $58,128
- Publicly traded securities
- $6,223,030
- Net assets without donor restrictions
- $133,832
- Gross unrelated business income
- $349,694
- Gross receipts
- $56,947,577
- Employees
- 4
- Volunteers
- 7
- Year formed
- 1988
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Shane Heigis | Executive Director Officer | 40 | $174,891 | $33,359 |
| Stephanie Verhasselt | Chair Trustee or director, Officer | 1 | $0 | $0 |
| Richard Dunbar | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Kody Farkell | Secretary/Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Elliott Crump | Trustee until Sept Trustee or director | 1 | $0 | $0 |
| Jeff Bermes | Trustee Trustee or director | 1 | $0 | $0 |
| Jodi Pedersen | Trustee Trustee or director | 1 | $0 | $0 |
| John Fitzgerald | Trustee Trustee or director | 1 | $0 | $0 |
| Mark Wandle | Trustee Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Shane Heigis | Executive Director Officer | 40 | $165,931 | $31,328 |
| Stephanie Verhasselt | Chair Trustee or director, Officer | 1 | $0 | $0 |
| Elliott Crump | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Kody Farkell | Secretary/Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Richard Dunbar | Trustee Trustee or director | 1 | $0 | $0 |
| Jeff Bermes | Trustee Trustee or director | 1 | $0 | $0 |
| Rob Pedersen | Trustee Trustee or director | 1 | $0 | $0 |
| Mark Wandle | Trustee Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Shane Heigis | Administrator Officer | 40 | $159,357 | $29,574 |
| Tobin Novasio | Chair Trustee or director, Officer | 1 | $0 | $0 |
| Stephanie Verhasselt | Vice Chairman Trustee or director, Officer | 1 | $0 | $0 |
| Elliott Crump | Secretary/Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Richard Dunbar | Trustee Trustee or director | 1 | $0 | $0 |
| Jeff Bermes | Trustee Trustee or director | 1 | $0 | $0 |
| Kody Farkell | Trustee Trustee or director | 1 | $0 | $0 |
| Rob Pedersen | Trustee Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 81647, BILLINGS, MT 59108-1647
- In care of
- % EMPLOYEE BENEFIT MANAGEMENT SERVI
- Principal officer (990 for 2024)
- Shane Heigis, PO Box 81647, Billings, MT 591081647
- Signed the 990
- Shane Heigis, Executive Director
- Phone
- (866) 886-8612
- Website
- www.jointpowerstrust.com
- Return prepared by
- Eide Bailly LLP
Mission
None.
Program accomplishments
- The plans within the trust provide health benefits (medical, hospital, surgical, major medical and dental) for all eligible employees of the employers with 20 to 40 hours of service per week, their families and their dependents as defined by agreement with the trust. Eligible employers are any government subdivisions of the various states who voluntarily apply to become a party to the Trust.
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 81-0457009
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1990
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $9,312,429
- Income (IRS master file)
- $56,947,577
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $51,572,711 | $51,636,037 | $9,312,429 | IRS |
| 990 | June 2024 | $39,286,768 | $41,251,002 | $7,949,957 | IRS |
| 990 | June 2023 | $40,852,097 | $40,230,485 | $8,938,212 | XML |
| 990 | June 2022 | $38,603,841 | $39,476,779 | $7,649,981 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 81-0457009).
Questions about JOINT POWERS TRUST
- What is the EIN of JOINT POWERS TRUST?
- The employer identification number (EIN) of JOINT POWERS TRUST is 81-0457009.
- Is JOINT POWERS TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1990.
- Are donations to JOINT POWERS TRUST tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does JOINT POWERS 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 JOINT POWERS TRUST due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did JOINT POWERS TRUST last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of JOINT POWERS TRUST?
- The 990 for the year ended June 30, 2025 names Shane Heigis.
- Who are the officers and directors of JOINT POWERS TRUST?
- The 990 for the year ended June 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $174,891 (Shane Heigis, Executive Director).
- How much revenue does JOINT POWERS TRUST have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $51,572,711, expenses of $51,636,037 and total assets of $9,312,429 at year end.
Other nonprofits in BILLINGS
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- YELLOWSTONE BOYS & GIRLS RANCH EIN 81-0262019 · last filed 990 for 2025
- ROCKY MOUNTAIN COLLEGE EIN 81-0235407 · last filed 990 for 2025
- BILLINGS CLINIC EMPLOYEE BENEFIT TRUST EIN 81-0391600 · last filed 990 for 2024
- BILLINGS FOOD BANK INC EIN 36-3519470 · last filed 990 for 2025
- MONTANA CONTRACTORS ASSOCIATION HEALTH CARE TRUST EIN 81-0449239 · last filed 990 for 2025
- VALLEY FINANCIAL CREDIT UNION EIN 81-0247124 · last filed 990 for 2024
- ST JOHNS LUTHERAN MINISTRIES INC EIN 81-0288768 · last filed 990 for 2024