Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: Employer Contributions

  total $36,604,353 · related or exempt $36,604,353

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

  total $219,505 · related or exempt $219,505

• 3 · Investment income

  total $830,939 · unrelated business $830,939

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

  securities $17,732

• 7c · Gain or loss

  securities -$17,732

• 7d · Net gain or loss

  total -$17,732 · unrelated business -$17,732

Functional expenses

Part IX, the statement of functional expenses.

• 4 · Benefits paid to or for members

  total $33,270,828

• 11a · Fees: management

  total $644,287

• 11b · Fees: legal

  total $452,498

• 11c · Fees: accounting

  total $96,250

• 11f · Fees: investment management

  total $83,749

• 11g · Fees: other

  total $147,127

• 13 · Office expenses

  total $59,204

• 23 · Insurance

  total $5,879

• 24a · Other expenses: Insurance Co Premiums

  total $1,564,339

• 24b · Other expenses: Claims Management

  total $1,281,589

• 24c · Other expenses: ACA Fees

  total $16,987

• 24d · Other expenses: Income Tax Expense

  total -$165,000

• 24e · All other expenses

  total $8,102

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $10,748,183 · end of year $9,339,635

• 4 · Accounts receivable

  beginning of year $1,065,745 · end of year $1,140,718

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

  $168,059

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

  $74,109

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $93,950

• 11 · Investments: publicly traded securities

  beginning of year $32,012,086 · end of year $30,743,848

• 17 · Accounts payable and accrued expenses

  beginning of year $158,502 · end of year $64,513

• 25 · Other liabilities

  beginning of year $1,887,000 · end of year $1,342,000

• 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 $41,780,512 · end of year $39,911,638

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.

• Bullock Contracting

• Casino Creek

• Century Construction

• Dick Irvin Trucking

• Doeden Construction

• Donaldson Brothers

• Eckart Trucking

• Great Falls Sand & Gravel

• Hammerquist Casalegno Inc

• Highway Specialties Inc

• Jackson Contractor Group

• James Talcott Construction

• Knife River

• Knife River - Wyoming

• M&D Construction

• Martel Construction

• Montana Contractors Association Trust

• Montana Contractor Compensation Fund

• Montana Lines

• MRTE Inc

• Neal Structural Repair LLC

• Pavement Maintenance Services Inc

• PEC Inc

• Pioneer Concrete

• PJSG Inc

• Riverside Contracting

• Rocky Mountain Operations LLC

• SK Construction

• Sandry Construction

• Shumaker Trucking

• Sirius Construction

• Steel Etc LLP

• Swank Enterprises

• T Bend Construction

• Treasure State Concrete

• Treasure State Construction

• United Properties Inc

• United Materials of Great Falls

• Van Dyken Drilling

• Wadsworth Companies

• Western Interstate

• Prince Inc

• Smith River Construction LLC