The Principal Trust For Health Bens For Ees And Non-Medicare Elig Rets

Organization Overview

The Principal Trust For Health Bens For Ees And Non-Medicare Elig Rets is located in Des Moines, IA. The organization was established in 1992. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Principal Trust For Health Bens For Ees And Non-Medicare Elig Rets is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2021, Principal Trust For Health Bens For Ees And Non-Medicare Elig Rets generated $81.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $132.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE HEALTH INSURANCE BENEFITS TO MEMBERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

BENEFITS PAID TO OR FOR MEMBERS


TAXES PAID ON INVESTMENT INCOME OF THE TRUST


ADMINISTRATIVE FEES PAID BY THE TRUST


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$35,844,829
Investment income $10,255,141
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$255,806
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $81,628,644

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