Overview
What is The Principal Trust For Health Benefits For Individual Field And Non-Medica?
The Principal Trust for Health Benefits for Individual Field and Non-Medica is a program situated in Des Moines, Iowa, primarily focused on offering health insurance benefits to its members. Beyond providing direct health coverage, this trust also manages programs that ensure the investment income taxes are paid, as well as benefits for the members themselves. In essence, it serves as a comprehensive health insurance solution for its members in Des Moines, while also managing related financial aspects.
Is The Principal Trust For Health Benefits For Individual Field And Non-Medica legitimate?
The Principal Trust For Health Benefits For Individual Field And Non-Medica is a legitimate nonprofit organization registered as a 501(c)(9) entity. The Principal Trust For Health Benefits For Individual Field And Non-Medica submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of The Principal Trust For Health Benefits For Individual Field And Non-Medica?
The Principal Trust for Health Benefits for Individual Field and Non-Medica is dedicated to offering health insurance benefits to its members. This program not only provides health coverage but also manages the taxation of investment income and the distribution of benefits for its members. In essence, its mission is to safeguard the health and financial well-being of its members.
Who is the CEO of The Principal Trust For Health Benefits For Individual Field And Non-Medica?
Mark Konrad is the Investment Committee of The Principal Trust For Health Benefits For Individual Field And Non-Medica.
What is the revenue of The Principal Trust For Health Benefits For Individual Field And Non-Medica?
The Principal Trust For Health Benefits For Individual Field And Non-Medica's revenue in 2022 was -$3,794,084.
Who are the executives of The Principal Trust For Health Benefits For Individual Field And Non-Medica and what are their salaries?
Here are 16 key members and their salaries:
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Where can I find the form 990 for The Principal Trust For Health Benefits For Individual Field And Non-Medica?
The Principal Trust For Health Benefits For Individual Field And Non-Medica's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Principal Trust For Health Benefits For Individual Field And Non-Medica
The Principal Trust for Health Benefits for Individual Field and Non-Medica is an organization dedicated to providing health insurance benefits to its members. This trust goes beyond just offering insurance; it also manages programs that financially support the trust through the taxation of investment income and the benefits paid to or for its members. The primary objective of this program is to safeguard the health and well-being of its members, providing them with the necessary coverage during their times of need.
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Impact
October, 2024
The Principal Trust for Health Benefits for Individual Field and Non-Medica significantly impacts its members by providing crucial health insurance benefits in Des Moines, IA. By ensuring access to necessary healthcare coverage, the trust supports the well-being of individuals in the community, contributing to better health outcomes and financial stability.
Moreover, the trust manages programs that address tax obligations on investment income, enhancing the overall financial health of the trust and its ability to sustain benefit provisions. This focus on mutual benefit not only safeguards individual members but also promotes a sense of community solidarity, ensuring that members can navigate healthcare challenges more effectively. Through these efforts, the trust plays a vital role in fostering a healthier population within its service area.
This information is meant to be a general summary of The Principal Trust For Health Benefits For Individual Field And Non-Medica. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$9,345,818
- Program Service Revenue: $5,340,604
Assets and Liabilities:
- Total Assets: $77,709,333
- Total Liabilities: $46,792
- Net Assets: $77,662,541
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Principal Life Contribution
Revenue
$541,352
Employee Contributions
Revenue
$3,967,932
Retiree Contributions
Revenue
$831,320
Organization Details
Founding Year
1992
Phone
(515) 878-6903Principal Officer
Mark Konrad
Main Address
711 High Street, Des Moines, IA, 50392
NTEE Category
Code: Y43 - Mutual benefit
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