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← ICI BENEFITS CONSORTIUM TRUST

Form 990 for tax year 2022

Filed by ICI BENEFITS CONSORTIUM TRUST.

Totals

Total revenue
$11,126,910
Total expenses
$9,345,126
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$11,097,455
Investment income
$29,455
Other revenue
$0
Total assets, end of year
$7,390,161
Total liabilities, end of year
$2,004,773
Net assets or fund balances, end of year
$5,385,388
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: INSURANCE PREMIUMS

    total $11,097,455 · related or exempt $11,097,455

  • 3 · Investment income

    total $29,455 · excluded $29,455

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $7,115,762

  • 11b · Fees: legal

    total $37,500

  • 11c · Fees: accounting

    total $46,945

  • 11g · Fees: other

    total $165,000

  • 13 · Office expenses

    total $1,452

  • 23 · Insurance

    total $27,616

  • 24a · Other expenses: AGGREGATE STOP LOSS PRE

    total $1,516,686

  • 24b · Other expenses: ADMINISTRATIVE FEES

    total $430,602

  • 24c · Other expenses: BANK SERVICE CHARGES

    total $3,413

  • 24d · Other expenses: BUSINESS LICENSES AND P

    total $150

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,847,343 · end of year $4,713,615

  • 4 · Accounts receivable

    beginning of year $635,962 · end of year $2,676,546

  • 9 · Prepaid expenses and deferred charges

    beginning of year $121,667 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,950 · end of year $5,052

  • 19 · Deferred revenue

    beginning of year $457,805 · end of year $0

  • 25 · Other liabilities

    beginning of year $1,540,613 · end of year $1,999,721

  • 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 $3,603,604 · end of year $5,385,388

Mission and programs · 2022

Mission

THE TRUST WAS ESTABLISHED TO PROVIDE FOR EMPLOYEE BENEFITS TO EMPLOYEES OF MEMBERS.

  • THE SOLE PURPOSE AND ACTIVITY OF THE TRUST IS TO PROVIDE FOR EMPLOYEE BENEFITS TO THE EMPLOYEES OF ICI BENEFITS CONSORTIUM MEMBER INSTITUTIONS UNDER A MULTIPLE EMPLOYER WELFARE ARRANGEMENT.

As filed on the 2022 return.

Listed in Part VII

  • Jean Cole

    PAST SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Todd Wahl

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Heather Buhr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Carrie Ervin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Todd Voigt

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Gina Scott

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Laura Bridges

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4
  • Andy McKee

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Chrisanne Austin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • David Wantz

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    4

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.

Grants on this return

No itemized grants to organizations on this return.

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 corporations and trusts

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

  • ICI BENEFITS CONSORTIUM

    C · ESTABLISH ONE OR MORE EMPLOYEE WELFARE BENEFIT PLANS · IN

Provenance

Return type
form_990
Tax year
2022
Filed
25 May 2023
IRS schema version
2022v5.0
Source object
202341579349300404

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