Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: Employer Contributions

  total $35,151,052 · related or exempt $35,151,052

• 2b · Program service revenue: Ltd.Continuation of Coverage

  total $236,467 · related or exempt $236,467

• 3 · Investment income

  total $1,551,174 · unrelated business $1,551,174

• 7a · Gross sales of assets other than inventory

  securities $525,612

• 7b · Less cost or other basis and sales expenses

  securities $0

• 7c · Gain or loss

  securities $525,612

• 7d · Net gain or loss

  total $525,612 · unrelated business $525,612

Functional expenses

Part IX, the statement of functional expenses.

• 4 · Benefits paid to or for members

  total $33,097,812

• 11a · Fees: management

  total $623,795

• 11b · Fees: legal

  total $429,441

• 11c · Fees: accounting

  total $112,453

• 11f · Fees: investment management

  total $114,834

• 11g · Fees: other

  total $79,270

• 13 · Office expenses

  total $23,893

• 22 · Depreciation, depletion and amortization

  total $32,680

• 23 · Insurance

  total $5,700

• 24a · Other expenses: Insurance Co Premiums

  total $1,473,030

• 24b · Other expenses: Claims Management

  total $1,221,650

• 24c · Other expenses: Income Tax Expense

  total $655,000

• 24d · Other expenses: ACA Fees

  total $16,728

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $6,879,307 · end of year $5,279,275

• 4 · Accounts receivable

  beginning of year $1,348,360 · end of year $1,033,378

• 10a · Land, buildings and equipment: cost or other basis

  $163,400

• 10b · Land, buildings and equipment: accumulated depreciation

  $65,360

• 10c · Land, buildings and equipment, net

  beginning of year $130,720 · end of year $98,040

• 11 · Investments: publicly traded securities

  beginning of year $34,199,923 · end of year $36,025,857

• 17 · Accounts payable and accrued expenses

  beginning of year $102,858 · end of year $103,017

• 19 · Deferred revenue

  end of year $109,650

• 25 · Other liabilities

  beginning of year $1,865,000 · end of year $1,905,000

• 29 · Capital stock, trust principal or current funds

  beginning of year $0 · end of year $0

• 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 $40,590,452 · end of year $40,318,883

The filer's explanations (Part III)

Part I, Line 3

Management fees in Part IX, line 11a, are paid to the MCA Trusts Office which splits all of its costs between the MCA Health Care and Retirement Trusts. Included in these costs is the highest compensated employees' salary and benefits. The Board of Trustees, which consists of the same individuals for both the MCA Health Care and MCA Retirement Trusts, determine the MCA Trusts Office staff wages through wage surveys and other related information as documented in board minutes.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• AGC of WY

• Andreen Hunt Construction Inc

• Bullock Contracting

• Casino Creek

• Century Construction

• Dick Irvin Trucking

• Doeden Construction

• Donaldson Brothers

• Great Falls Sand & Gravel

• Hammerquist Casalegno Inc

• High Country Construction Inc

• Highway Specialties Inc

• James Talcott Construction

• KH Civil Contractors Inc

• Knife River

• Knife River - Wyoming

• M&D Construction

• Montana Contractors Association Trusts

• Montana Contractors Compensation Fund

• Montana Lines

• MRTE Inc

• Neal Structural Repair LLC

• O'Keefe Drilling Company

• Pavement Maintenance Services Inc

• PEC Inc

• PJSG Inc

• Powder River Construction Inc

• Prince Inc

• RCI Properties Inc

• Rehbein Enterprises Inc

• Riverside Contracting

• Robinson Grinding & Profiling LLC

• Rocky Mountain Operations LLC

• SK Construction

• Sandry Construction

• Safety Sign & Supply Dba Poteet Construction Inc

• Shumaker Trucking

• Sirius Construction

• Smith River Construction LLC

• Steel Etc LLP

• Studer Construction

• Swank Enterprises

• Treasure State Concrete

• Treasure State Construction

• United Properties Inc

• United Materials of Great Falls

• Van Dyken Drilling

• Wadsworth Companies

• Western Interstate