Idaho School District Council Self-Funded Benefit Trust
- Assets
- $54.0m
- Revenue
- $181.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Boise, ID
- Founding
- 04/2016
- Data as of
- 08/2021
- EIN
- 47-1372682
Organization Overview
Idaho School District Council Self-Funded Benefit Trust is located in Boise, ID. The organization was established in 2016. According to its NTEE Classification (Y44) the organization is classified as: Voluntary Employees Beneficiary Associations 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. Idaho School District Council Self-Funded Benefit Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 08/2021, Idaho School District Council Self-Funded Benefit Trust generated $181.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $180.5m during the year ending 08/2021. While expenses have increased by 7.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE IDAHO SCHOOL BENEFIT TRUST IS TO PROVIDE CERTAIN SELF- FUNDED HEALTH AND WELFARE BENEFITS ON BEHALF OF AND FOR THE BENEFIT OF THE PARTICIPANTS AND THEIR DEPENDENTS OF SCHOOL DISTRICTS, CHARTER SCHOOLS, AND EDUCATION-RELATED ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED CERTAIN SELF-FUNDED HEALTH AND WELFARE BENEFITS ON BEHALF OF AND FOR THE BENEFIT OF THE PARTICIPANTS AND THEIR DEPENDENTS OF PARTICIPATING EMPLOYERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darren Uranga Trustee/trea | Trustee | 3 | $10,115 |
Michael Friend Board Chair | Trustee | 1 | $0 |
Gaylen Smyer Trustee | Trustee | 1 | $0 |
Chuck Kinsey Trustee | Trustee | 1 | $0 |
Gordon Woolley Board Vice-C | Trustee | 1 | $0 |
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 | $180,794,891 |
| Investment income | $258,679 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $181,053,570 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $158,955,601 |
| Compensation of current officers, directors, key employees. | $10,115 |
| Compensation of current officers, directors, key employees. | $10,115 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $15,902,929 |
| Fees for services: Legal | $6,800 |
| Fees for services: Accounting | $57,316 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $734,609 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,743 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,799,523 |
| All other expenses | $0 |
| Total functional expenses | $180,471,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,075,979 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,792,180 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $134,420 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,014,791 |
| Total assets | $54,017,370 |
| Accounts payable and accrued expenses | $5,965,224 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $25,558,623 |
| Total liabilities | $31,523,847 |
| Net assets without donor restrictions | $22,493,523 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $54,017,370 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Association Of Washington Cities Employees Benefit Trust Olympia, WA | $137,952,803 | $225,909,094 |
Teachers Health Trust Las Vegas, NV | $83,729,755 | $178,689,748 |
Idaho School District Council Self-Funded Benefit Trust Boise, ID | $54,017,370 | $181,053,570 |
Wyoming Educators Benefit Trust Cheyenne, WY | $62,626,855 | $128,954,716 |
School District 1 Health & Welfare Trust Fund Tualatin, OR | $35,939,491 | $102,437,300 |
Voluntary Employees Beneficiary Assoc Tr For Pub Empl State Of Wa Spokane, WA | $742,000,780 | $161,942,003 |
Montana Unified School Trust Helena, MT | $24,375,270 | $56,695,008 |
Educators Mutual Insurance Association Murray, UT | $192,680,781 | $54,287,384 |
School Administrators Welfare Trust Las Vegas, NV | $4,655,060 | $27,258,047 |
Snohomish County Pud Voluntary Employees Beneficiary Association Everett, WA | $16,394,373 | $24,051,615 |
Clark County Firefighters Union Las Vegas, NV | $43,051,788 | $17,162,626 |
Las Vegas Firefighters Health & Welfare Trust Las Vegas, NV | $20,225,951 | $14,905,602 |