Form 990 for tax year 2024
Filed by NORTH DAKOTA GRAIN DEALERS ASSOCIATION BENEFIT PLAN AND TRUST.
Totals
- Total revenue
- $25,133,237
- Total expenses
- $25,587,598
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $24,245,931
- Investment income
- $887,220
- Other revenue
- $86
- Total assets, end of year
- $8,160,216
- Total liabilities, end of year
- $3,402,311
- Net assets or fund balances, end of year
- $4,757,905
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: EMPLOYER CONTRIBUTIONS
total $22,111,346 · related or exempt $22,111,346
-
2b · Program service revenue: PHARMACY REBATES
total $1,937,486 · related or exempt $1,937,486
-
2c · Program service revenue: COBRA CONTRIBUTIONS
total $197,099 · related or exempt $197,099
-
3 · Investment income
total $225,272 · unrelated business $225,272
-
7a · Gross sales of assets other than inventory
securities $6,608,770
-
7b · Less cost or other basis and sales expenses
securities $5,946,822
-
7c · Gain or loss
securities $661,948
-
7d · Net gain or loss
total $661,948 · unrelated business $661,948
-
11a · Other revenue: OTHER RECEIPTS
total $86 · related or exempt $86
-
11e · Other revenue, total
$86
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $21,027,246
-
11c · Fees: accounting
total $23,127
-
11g · Fees: other
total $84,000
-
23 · Insurance
total $11,337
-
24a · Other expenses: STOP-LOSS PREMIUMS
total $2,895,329
-
24b · Other expenses: ADMINISTRATOR/AGENT FEE
total $1,259,476
-
24c · Other expenses: INCOME TAX
total $257,568
-
24d · Other expenses: TRUSTEE FEES
total $28,307
-
24e · All other expenses
total $1,208
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
end of year $972,690
-
3 · Pledges and grants receivable
beginning of year $641,886 · end of year $1,086,092
-
11 · Investments: publicly traded securities
beginning of year $4,505,928 · end of year $3,857,399
-
12 · Investments: other securities
beginning of year $2,650,938 · end of year $2,244,035
-
17 · Accounts payable and accrued expenses
beginning of year $2,545,674 · end of year $3,299,211
-
25 · Other liabilities
beginning of year $0 · end of year $103,100
-
29 · Capital stock, trust principal or current funds
beginning of year $5,253,078 · end of year $4,757,905
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $0 · end of year $0
Mission and programs · 2024
Mission
TO PROVIDE WELFARE BENEFITS TO EMPLOYEES AND THEIR DEPENDENTS WHOSE EMPLOYERS ARE MEMBERS OF THE NORTH DAKOTA GRAIN DEALERS ASSOCIATION.
-
PROVIDING PAYMENTS FOR BENEFITS OF MEMBERS INCLUDING HEALTH, VISION, AND DENTAL BENEFITS. THE PLAN SERVICED 1,312 CONTRACTS AT THE BEGINNING OF THE YEAR AND 1,373 AT THE END OF THE YEAR.
As filed on the 2024 return.
Listed in Part VII
-
Stuart LetcherSTUART LETCHER
SECRETARY
- Total calculated
- $168,221
- From this org
- $0
- From related orgs
- $168,221
- Other
- $0
- Hours/week
- 2 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $168,221 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $168,221 related
-
Keith BrandtKEITH BRANDT
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Rick TalbottRICK TALBOTT
COMMITTEEMAN
- Total calculated
- $0
- Hours/week
- 0.5
-
Scott OstlieSCOTT OSTLIE
COMMITTEEMAN
- Total calculated
- $0
- Hours/week
- 0.5
-
Kayla BurkhartKAYLA BURKHART
COMMITTEEMAN
- Total calculated
- $0
- Hours/week
- 0.5
-
Jared MyersJARED MYERS
COMMITTEEMAN
- Total calculated
- $0
- Hours/week
- 0.5
-
Will KuslerWILL KUSLER
COMMITTEEMAN
- Total calculated
- $0
- Hours/week
- 0.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART I, LINE 3
- THE SECRETARY'S COMPENSATION IS REVIEWED AND APPROVED BY NDGDA BOARD OF DIRECTORS.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
NORTH DAKOTA GRAIN DEALERS ASSOCIATION
501(C)(6) · TRADE ASSOCIATION FOR THE GRAIN ELEVATORS OF NORTH DAKOTA · ND
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
DAKOTALAND FEEDS LLC
-
OVERMOE AND NELSON LTD
-
STONE MILL LLC
-
MIDWAY SEED LLC
-
TRIGEN AG PARTNERS LLC
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
AGASSIZ SEED & SUPPLY
-
AGASSIZ VALLEY GRAIN
-
ALTON GRAIN TERMINAL
-
ANDERSON SEED FARMS INC
-
THE ARTHUR COMPANIES INC
-
BEACH COOP GRAIN CO
-
BJERKE BROTHERS INC
-
BOWMAN GRAIN INC
-
BURKE MYERS & ASSOCIATES
-
C W VALLEY COOP
-
CENDAK COOPERATIVE
-
CLIFFORD FARMERS COOP EL
-
COUNTRY GRAIN COOP
-
DAKOTA MIDLAND GRAIN
-
EDINBURGH FARMERS ELEVATOR
-
EMERADO FARMERS COOP
-
EQUITY ELEVATOR & TRADE
-
FARMERS COOP ELEVATOR CO
-
FARMERS ELEVATOR COMPANY
-
FARMERS ELEVATOR OF HONEYFORD
-
FIEBIGER CONSULTING FIRM
-
FINLEY FARMERS GRAIN AND ELEVATOR
-
FLASHER FARMERS UNION GRAIN
-
FORDVILLE COOP MARKETING ASSN
-
FOSSTON TRI COOP
-
G & R GRAIN & FEED
-
GEORGETOWN ELEVATOR
-
GOLDEN VALLEY INGREDIENT
-
GRAFTON FARMERS COOP GRAIN
-
GRAIN INSPECTION INC
-
HALSTAD ELEVATOR
-
HOGENSON CONSTRUCTIONO
-
HORNUNG HARVESTING & APP
-
HOWE FARM SEED
-
HUMBOLDT ST VINCENT ELEVATOR
-
HUNTER GRAIN CO
-
JOHNSTOWN BEAN COMPANY
-
LEE BEAN AND SEED
-
MALARD ELEVATOR
-
MAPLE RIVER GRAIN & AGRONOMY
-
MARKIT COUNTY GRAIN
-
MAYPORT FARMERS CO-OP
-
MILNOR GRAIN COMPANY
-
MISSOURI VALLEY AG INC
-
MODERN GRAIN INC
-
NASH GRAIN & TRADING CO
-
NEW CENTURY AG
-
NORTHWOOD EQUITY ELEVATOR
-
PLAINS GRAIN AND AGRONOMY
-
PRAIRIELAND AG
-
PROSEED INC
-
QUALITY SEED GENETICS INC
-
RALEIGH GRAIN ELEVATOR
-
RED RIVER GRAIN
-
RICHLAND IFC
-
RIVERSIDE COMM DBA GRT N
-
ROSS SEED COMPANY
-
RUSH RIVER SEED & CHEMICAL
-
STEELE FARMERS ELEVATOR
-
TAFT ELEVATOR
-
TUTTLE FARMERS ELEVATOR
-
U A S SERVICE CORP
-
VALLEY AG PARTNERS
-
VOSS GRAIN COMPANY
-
WALHALLA FARMERS GRAIN
-
FARMERS UNION ELEVATOR COOP
-
NORTH PRAIRIE AG
-
THOMPSON FARMERS COOP ELEVATOR
-
TRILOGY AG GROUP
-
UNITED QUALITY COOPERATIVE
-
WALSH GRAIN TERMINAL
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543219349302459
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