2024-10-31T09:23:03-05:00 2023-12-31 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2023-01-01 851481944 North Dakota Public Health Insurance Trust NORT 7019972437 3170 43rd St S 103 Fargo ND 58104 Genny Dienstmann Board President 7019972437 2024-10-30 1 1 Mayumi Stella P00970938 6122536500 2024-10-30 2023 2024-10-15 13:58:12Z Genny Dienstmann 3170 43rd St S 103 Fargo ND 58104 48540601 0 X ndphithealth.com X 2020 ND Provide welfare benefits to ND public agencies exempt from taxation under IRC Section 115(1). 9 0 0 9 330051 0 0 0 38378449 48035423 44423 330051 0 175127 38422872 48540601 0 0 34076386 43563653 0 0 0 0 0 3566759 4535902 37643145 48099555 779727 441046 8927102 9931378 4381414 4944644 4545688 4986734 None 0 0 North Dakota Public Health Insurance Trust began operations to provide health insurance to ND Public entities. Its participating employers are ND cities, counties, municipalities, and school districts. The trust had 119 member groups and just over 7,900 employees and dependents receiving health benefits as of December 31, 2023. 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 7 0 1 0 1 1 0 0 0 0 0 0 0 X 9 0 0 1 1 0 0 1 0 1 0 0 0 1 1 1 1 1 0 0 0 0 X Brenna Janke 7019972437 3170 43rd St S 103 Fargo ND 58104 Brennan Quintus Trustee 0.50 40.00 X 0 297528 38251 Genny Dienstmann Chairperson 0.50 40.00 X X 0 156894 39559 Lisa Guenther Trustee 0.50 40.00 X 0 101601 0 Sonya Larson Trustee 0.50 40.00 X 0 62000 24312 Dr Steve Holen Trustee 0.50 40.00 X 0 196971 27751 Dr Mike McNeff Trustee 0.50 40.00 X 0 152750 24441 Kevin Beaudoin Trustee (from July 2023) 0.50 40.00 X 0 113753 39467 Steve Hall Trustee (through June 2023) 0.50 40.00 X 0 157812 33079 Cole Higlin Trustee 0.50 40.00 X 0 102642 30949 Dr Chris Larson Trustee 0.50 40.00 X 0 128717 30516 Nora Frueh Treasurer 0.50 40.00 X 0 205972 37276 0 1676640 325601 0 0 1 0 Blue Cross Blue Shield 4510 13th Ave S Fargo ND 58121 Administrative 3036260 Brown & Brown 80 S 8th St 700 Minneapolis MN 55403 Benefit Consulting 394164 Thriver Health 30 N Gould St Ste R Sheridan WY 82801 Wellness Consulting & Coaching 197082 South East Education Cooperative 317043rd St S 103 Fargo ND 58104 Administrative 185188 4 Premiums Earned 525100 47817591 47817591 Member Deposits 525100 217832 217832 48035423 330051 330051 OTHER REVENUE 524298 175127 175127 175127 48540601 48210550 330051 0 43563653 4520954 12108 1382 1458 48099555 6938312 6335656 97920 37555 2049451 1890870 1508716 8927102 9931378 1402329 1430597 9085 14047 2970000 3500000 4381414 4944644 X 4545688 4986734 4545688 4986734 8927102 9931378 441046 0 X 0 1 X 0 0 0 Accrued Interest 31857 C Certificates of Deposit 2017594 C 2049451 Pharmacy Receivable 1508716 1508716 Reserve for Incurred but not Reported (IBNR) Losses 3500000 3500000 48540601 0 48540601 0 48540601 48099555 0 48099555 0 48099555 0 0 0 Brennan Quintus Trustee 0 279196 0 13288 0 5044 0 35832 0 2419 0 335779 0 0 Nora Frueh Treasurer 0 178972 0 13500 0 13500 0 18898 0 18992 0 243862 0 0 Dr Steve Holen Trustee 0 196971 0 0 0 0 0 0 0 27751 0 224722 0 0 Genny Dienstmann Chairperson 0 155144 0 1750 0 0 0 18568 0 21498 0 196960 0 0 Steve Hall Trustee (through June 2023) 0 112146 0 0 0 45666 0 8579 0 24500 0 190891 0 0 Dr Mike McNeff Trustee 0 136623 0 0 0 16127 0 0 0 25037 0 177787 0 0 Dr Chris Larson Trustee 0 128717 0 0 0 0 0 14635 0 15881 0 159233 0 0 Kevin Beaudoin Trustee (from July 2023) 0 113753 0 0 0 0 0 15495 0 23972 0 153220 0 0 Form 990, Part VI, Section A, line 1a The Board of Trustees consists of employees of the contributing employers, and as such, the board members are compensated by the contributing employers for the services they provide as employees of their respective employer. Due to this, they are not considered independent Trustees. Form 990, Part VI, Section A, line 3 South East Education Cooperative serves as the Secretary for the Board of Trustees, and is also responsible for management of the Trust. They were paid $185,188 in 2023 for these services. Form 990, Part VI, Section A, line 4 The bylaws of the organization were updated during 2023 to change the term of elected Officers from (1) year terms to two (2) year terms. Updated Part 1 of Article III of the Bylaws adopted at a meeting of the board reads as follows: 1. The officers of the Trust shall be elected or appointed by the Board and shall be a Chairperson, a Chairperson-Elect, a Secretary, and a Treasurer. Officers shall be elected to two (2) year terms and such terms shall commence January 1st. Other Officers and Assistant Officers may be elected or appointed by the Board. Form 990, Part VI, Section A, line 7a The South East Education Cooperative and the North Dakota Insurance Reserve Fund each have the authority to appoint a Trustee. Form 990, Part VI, Section A, line 8b There are no committees with the authority to act on behalf of the Board of Trustees. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by the Treasurer and e-mailed to the remaining board members. Form 990, Part VI, Section B, line 12c The Trustees for he North Dakota Public Health Insurance Trust must annually comply with the conflict of interest policy. Potential conflicts are reviewed by the Chairperson and the remaining Trustees will discuss and vote on whether a confilct of interest exists in each individual instance. If a conflict exists, the Trustees shall determine whether the organization can obtain, with reasonable effort, a more advantageous transaction or arrangement from a person or entity that would not produce a conflict of interest. If an alternative transaction or arrangement is not feasible, the board of Trustees shall determine by a majority vote of the disinterested Trustees whether the transaction or arrangement is in the best interests of the organization, for its own benefit, and fair and reasonable. Form 990, Part VI, Section C, line 19 The governing documents, and financial statements are available upon request. The Trust does not have a conflict of interest policy. South East Education Cooperative 3170 43rd St S 103 Fargo ND 58104 475548763 Regional Education Association ND N/A 0 Oliver Mercer Special Ed Oberon Dist 16 Oakes Public School Northern Cass School District (Sanford) North Dakota Insurance Reserve Fund North Central Education Coop (NCEC) North Border School District 100 Newburg United Public School New Rockford-Sheyenne School District #2 New England Public School NDACo Resources Group ND League of Cities ND Association of Counties (NDACO) Montpelier Public School Minto Public School Minot Park District Milnor Public School Medina Public School District #3 McKenzie County Public School District #1 McHenry County McClusky-Goodrich Public School Max Public School Mapleton Public School Mandan Park District Maddock Public School Litchville Marion Public School Lidgerwood Public School Park River Area School District 8 Leeds Public School District Pierce County Richland School District #44 Westhope Public School District 17 Wells County Washburn Public School District #4 Walsh County Wahpeton Park Board Valley City Parks and Recreation Upper Valley Special Education Unit Underwood Public School Turtle Lake-Mercer School Traill EDC Traill County (& Water Resource) The Southwest Multi-County Correction Center (SWMCCC) TGU School District #60 Stutsman County St Johns District NDPHIT South Valley Multi-District Special Education South Heart Public School District #9 Slope County Sheyenne Valley Special Education Unit Sheridan County Scranton Public Schools Sawyer School District 16 Rural Cass Special Education Unit Rugby School District Roughrider Educational Services Program Rolette Public School Rolette County Pingree Buchanan School Wing Public School Larimore Public School District #44 Lake Region Law Enforcement Center Dickinson Parks and Rec Dickinson Municipal Airport City of Valley City City of Rolla City of Mandan City of Lisbon City of Linton City of Hazen City of Harvey City of Hankinson City of Grafton City of Casselton City of Beulah Central Regional Education Assoc (CREA) Center-Stanton District #1 Cavalier School District Carrington School District Burleigh County Housing Authority Burke Central School District #36 Bottineau PSD Bottineau County Billings County Billings - Roughrider North Barnes County North Anamoose Public School Adams County Alexander Public School Divide County School District 1 LaMoure Public School Drake Public School Dunn County Kindred School District 2 Killdeer Public School District #16 Kidder County Public School District Jamestown Stutsman DC James River Special Ed Hope-Page Public School District #85 Hillsboro Public School District 9 (Sanford) Hettinger School District #13 Hettinger County Hazen School District Hatton Eielson Public School District Hankinson Public School Haen Parks and Rec Grand Forks Regional Airport Authority Grafton Public School Grafton Parks & Rec Golden Valley County Glenburn Public School Garrison Public School District #51 Gackle-Streeter Public School Finley-Sharon Public Schools Fessenden-Bowdon School Dist Fargo Airport Authority Municipal Airport Authority of the City of Fargo Ellendale Public School Edgeley Public School District East Central Center for Exceptional Children Dunseith Public School District Drayton Public School Wyndmere Public School District #42 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1