State Bankers Association Group Benefits

Address
1 North Last Chance Gulch
Helena, MT 59601
Contact
Phone: +1 (406) 443-4121
Nonprofit
NTEE: Y43 - Voluntary Employees Beneficiary Associations (Non-Government)
EIN: 81-0444769

Mission

THE TRUST WAS ORGANIZED AS A VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION (VEBA). EMPLOYEES OF MONTANA AND WYOMING BANKS ARE ELIGIBLE TO PARTICIPATE IN THE VEBA. THE TRUST PROVIDES FOR HOSPITAL, MEDICAL, SURGICAL, DEATH, OPTICAL AND DENTAL BENEFITS FOR ELIGIBLE MEMBERS.
 20162015201420132012
Basic features of the organization
Year of formation1987
Subsection code09
PF filing required0    
Form of organization
TrustTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00$0.00$0.00$0.00$0.00
Number of employees00000
Number of people compensated >$100k00000
Number of volunteers00000
Number of highly compensated contractors0000 
Personnel
Brooks, Kim
TitleTRUSTEETRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personKIM BROOKSKIM BROOKSKIM BROOKSKIM BROOKSKIM BROOKS
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org1.000.000.000.000.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Burchart, Vivian
Title  TRUSTEETRUSTEETRUSTEE
Name of key/compensated person  VIVIAN BURCHARTVIVIAN BURCHARTVIVIAN BURCHART
Position of compensated person
Current individual trustee or director  TrueTrueTrue
Average hours per week working for org  0.000.000.00
Reportable compensation from org  $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Cheney, Cynthia
TitleTRUSTEETRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personCYNTHIA CHENEYCYNTHIA CHENEYCYNTHIA CHENEYCYNTHIA CHENEYCYNTHIA CHENEY
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org1.000.000.000.000.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Durfee, Jim
TitleTRUSTEETRUSTEETRUSTEETRUSTEE 
Name of key/compensated personJIM DURFEEJIM DURFEEJIM DURFEEJIM DURFEE 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org1.000.000.000.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Franklin, Brad
Title trUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated person Brad FranklinBRAD FRANKLINBRAD FRANKLINBRAD FRANKLIN
Position of compensated person
Current individual trustee or director TrueTrueTrueTrue
Average hours per week working for org 0.000.000.000.00
Reportable compensation from org $0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Grove, Mike
Title    TRUSTEE
Name of key/compensated person    MIKE GROVE
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    0.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Hammond, Jay
TitleChairmanChairmanINTERIM CHAIRMANINTERIM CHAIRMANTRUSTEE
Name of key/compensated personJAY HAMMONDJAY HAMMONDJAY HAMMONDJAY HAMMONDJAY HAMMOND
Position of compensated person
Current individual trustee or director TrueTrueTrueTrue
Average hours per week working for org1.000.000.000.000.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Hellbaum, Bruce
Title   PAST CHAIRMANCHAIRMAN
Name of key/compensated person   BRUCE HELLBAUMBRUCE HELLBAUM
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   0.000.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Johnson, Gordon
TitleTRUSTEETRUSTEE   
Name of key/compensated personGordon JohnsonGordon Johnson   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org1.000.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Kingsley, Richard
Title   TRUSTEETRUSTEE
Name of key/compensated person   RICHARD KINGSLEYRICHARD KINGSLEY
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   0.000.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Langemeier, Bart
TitleTRUSTEETRUSTEETRUSTEETRUSTEEPREVIOUS CHAIRMAN
Name of key/compensated personBART LANGEMEIERBART LANGEMEIERBART LANGEMEIERBART LANGEMEIERBART LANGEMEIER
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org1.000.000.000.000.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Meyer, Rick
Title    TRUSTEE
Name of key/compensated person    RICK MEYER
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    0.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Meyers, Rick
Title TRUSTEETRUSTEETRUSTEE 
Name of key/compensated person RICK MEYERSRICK MEYERSRICK MEYERS 
Position of compensated person
Current individual trustee or director TrueTrueTrue 
Average hours per week working for org 0.000.000.00 
Reportable compensation from org $0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00 
Ronneberg, John
Title TRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated person JOHN RONNEBERGJOHN RONNEBERGJOHN RONNEBERGJOHN RONNEBERG
Position of compensated person
Current individual trustee or director TrueTrueTrueTrue
Average hours per week working for org 0.000.000.000.00
Reportable compensation from org $0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Ruddy, Benjamin
Title  TRUSTEETRUSTEE 
Name of key/compensated person  BENJAMIN RUDDYBENJAMIN RUDDY 
Position of compensated person
Current individual trustee or director  TrueTrue 
Average hours per week working for org  0.000.00 
Reportable compensation from org  $0.00$0.00 
Other comp, non-reportable, from org and related orgs  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00 
Purpose: mission, activities, & accomplishments
Mission or significant activitiesGROUP INSURANCE BENEFITS TRUST FOR MONTANA & WYOMING BANKS.GROUP INSURANCE BENEFITS TRUST FOR MONTANA & WYOMING BANKS.GROUP INSURANCE BENEFITS TRUST FOR MONTANA & WYOMING BANKS.GROUP INSURANCE BENEFITS TRUST FOR MONTANA & WYOMING BANKS.GROUP INSURANCE BENEFITS TRUST FOR MONTANA & WYOMING BANKS.
Program service expenses, total$12,266,009.00$15,501,083.00$15,790,919.00$15,033,433.00$14,028,498.00
Programs, including revenue & expenses
GROUP INSURANCE PREMIUMS REMITTED FOR HOSPITAL, MEDICAL, SURGICAL, DEATH, OPTICAL AND DENTAL BENEFITS FOR ELIGIBLE MEMBERS.
Program expenses$12,266,009.00$15,501,083.00$15,790,919.00$15,033,433.00 
Program revenue$12,141,697.00$13,376,593.00$14,091,328.00$13,882,133.00 
Program descriptionGROUP INSURANCE PREMIUMS REMITTED FOR HOSPITAL, MEDICAL, SURGICAL, DEATH, OPTICAL AND DENTAL BENEFITS FOR ELIGIBLE MEMBERS.GROUP INSURANCE PREMIUMS REMITTED FOR HOSPITAL, MEDICAL, SURGICAL, DEATH, OPTICAL AND DENTAL BENEFITS FOR ELIGIBLE MEMBERS.GROUP INSURANCE PREMIUMS REMITTED FOR HOSPITAL, MEDICAL, SURGICAL, DEATH, OPTICAL AND DENTAL BENEFITS FOR ELIGIBLE MEMBERS.GROUP INSURANCE PREMIUMS REMITTED FOR HOSPITAL, MEDICAL, SURGICAL, DEATH, OPTICAL AND DENTAL BENEFITS FOR ELIGIBLE MEMBERS. 
GROUP INSURANCE PREMIUMS REMITTED FOR INSURANCE PLAN PARTICIPANTS.
Program expenses    $14,028,498.00
Program description    GROUP INSURANCE PREMIUMS REMITTED FOR INSURANCE PLAN PARTICIPANTS.
Financial data
Revenue
Total revenue$12,147,809.00$13,385,159.00$14,091,328.00$13,901,949.00$14,188,392.00
Revenue from contributions (total) $0.00$0.00$0.00$0.00
Investment income, current yr$6,112.00$8,566.00$12,709.00$19,816.00$18,357.00
Total revenue from grants, etc., current yr$0.00$0.00$0.00$0.00$0.00
Total unrelated business revenue$6,112.00$8,566.00$12,709.00$19,816.00$18,357.00
Other revenue, current yr$0.00$0.00$0.00$0.00$0.00
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00$0.00
Program service revenue (total)$12,141,697.00$13,376,593.00$14,078,619.00$13,882,133.00$14,170,035.00
Gross receipts$12,147,809.00$13,385,159.00$14,091,328.00$13,901,949.00$14,188,392.00
Other types of revenue
Income from dividends, interest, and similar investments$6,112.00$8,566.00$12,709.00$19,816.00$18,357.00
Net rental income $0.00$0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$12,266,009.00$15,501,083.00$15,790,919.00$15,033,433.00$14,028,498.00
Total functional expenses: program service  $15,501,083.00$15,790,919.00$15,033,433.00$14,028,498.00
Total functional expenses: management and general $0.00$0.00$0.00$0.00
Total functional expenses: fundraising $0.00$0.00$0.00$0.00
Fees for services
Legal fees (total)$52,149.00$37,592.00$37,982.00$31,870.00$21,746.00
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
General management fees (total)$169,650.00$153,260.00   
Assets and liabilities
Total assets$1,630,048.00$1,973,573.00$3,593,951.00$4,974,398.00$6,021,986.00
Total assets, beginning of year$1,973,573.00$3,593,951.00$4,974,398.00$6,021,986.00$5,843,673.00
Total liabilities$2,083,803.00$2,309,129.00$1,813,582.00$1,494,438.00$1,410,542.00
Total liabilities, beginning of year$2,309,129.00$1,813,582.00$1,494,438.00$1,410,542.00$1,392,123.00
Net assets-$453,755.00-$335,556.00$1,780,369.00$3,479,960.00$4,611,444.00
Net assets, beginning of year-$335,556.00$1,780,369.00$3,479,960.00$4,611,444.00$4,451,550.00
Other liabilities$1,787,988.00$2,142,183.00$1,516,352.00$1,124,861.00$1,139,403.00
Other assets$620.00$1,226.00$2,687.00$3,936.00$3,710.00
Cash: non-interest bearing$1,084,428.00$167,670.00$1,189,108.00$399,353.00$1,193,678.00
Cash: non-interest bearing, beginning of year$167,670.00$1,189,108.00$399,353.00$1,193,678.00$1,515,604.00
Other financial variables
Revenue less expenses-$118,200.00-$2,115,924.00-$1,699,591.00-$1,131,484.00$159,894.00
Savings & temp cash investment$512,275.00$1,554,683.00$2,068,351.00$4,228,220.00$4,208,780.00
Accounts receivable, net$32,725.00$249,994.00$333,805.00$342,889.00$615,818.00
Accounts payable & accrued expenses$295,815.00$157,917.00$289,139.00$361,532.00$233,254.00
Deferred revenue$0.00$9,029.00$8,091.00$8,045.00$37,885.00
Total net assets or fund balances-$453,755.00-$335,556.00$1,780,369.00$3,479,960.00$4,611,444.00
Governance and accountability
Number of voting members69111311
Number of independent voting members69111311
Financial sheets auditedTrue TrueTrueTrue
Relationships among key personnelTrueTrueTrueTrueTrue
Other accounting method (indicator)True    
Accrual accounting TrueTrueTrueTrue
Tax year start date2016-01-012015-01-012014-01-012013-01-012012-01-01
Tax year end date2016-12-012015-12-012014-12-012013-12-012012-12-01
Indicators for schedules (selected)
Business transaction with employeeTrueTrueTrueTrueTrue
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2018-01-102017-04-072016-02-032014-10-282013-07-16
IRS schema version2016v3.02015v2.12014v5.02013v3.02012v2.1
Filing identifier201713199349318771201633209349306508201523209349309442201432099349300233201311299349302716
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