2021-04-30T11:34:10-05:00 2020-06-30 450250958 Eide Bailly LLP 401 N 31st St Ste 1120 Billings MT 591011281 990 2019-07-01 810457009 Montana Joint Powers Trust c/o Employee Benefit Management Services MONT 8668868612 PO Box 81647 Billings MT 591081647 Shane Heigis Administrator 4066989588 2021-04-07 1 Maria J Christiaens P00003951 4068962400 2021-04-07 2019 2022-09-23 18:48:47Z Joint Powers Trust Shane Heigis PO Box 81647 Billings MT 591081647 37555924 0 X www.jointpowerstrust.com X 1988 MT To provide employees of Montana and Wyoming public service agencies with cost-effective group health benefit plans, and to provide wellness education and quality benefit programs which are designed to meet the needs of our members. 7 7 3 9 204436 0 0 0 32435136 34519478 103178 204436 0 0 32538314 34723914 0 0 27145609 31983060 260042 333171 0 0 0 2041638 2002001 29447289 34318232 3091025 405682 6932056 7278950 4279475 4205055 2652581 3073895 None. 0 0 The plans within the trust provide health benefits (medical, hospital, surgical, major medical and dental) for all eligible employees of the employers with 20 to 40 hours of service per week, their families and their dependents as defined with the trust.For the fiscal year ended June 30, 2020, the United States and global markets experienced significant declines in value resulting from uncertainty caused by the world-wide coronavirus pandemic. The Trust is closely monitoring its investment portfolio and its liquidity and is actively working to minimize the impact of these declines. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 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 2 0 1 3 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 X Associated Employers 4062486178 2727 Central Avenue Suite 2 Billings MT 59108 X Shane Heigis Administrator 40.00 0.00 X 139745 0 22788 Tobin Novasio Chair 1.00 40.00 X X 0 0 0 Stephanie Verhasselt Vice Chairman 1.00 40.00 X X 0 0 0 Elliott Crump Secretary/Treasurer 1.00 40.00 X X 0 0 0 Bob Mullen Trustee 1.00 40.00 X 0 0 0 Richard Dunbar Trustee 1.00 40.00 X 0 0 0 Jeff Bennes Trustee 1.00 40.00 X 0 0 0 Kody Farkell Trustee (Nov-June) 1.00 40.00 X 0 0 0 Carol Brooker Trustee (July-Sept) 1.00 40.00 X 0 0 0 139745 0 22788 1 0 1 0 Employee Benefit Management Services 2075 Overland Avenue Billings MT 59102 Administrative and accounting services 1098757 Navitus Health Solutions 2601 West Beltline Highway Suite 6 Madison WI 59713 Pharmacy Benefit Manager 191241 2 Contributions 525100 32415090 32415090 Stop-loss Insurance Reimbursement 525100 2104388 2104388 34519478 147534 147534 2888912 2832010 56902 56902 56902 34723914 34519478 204436 0 31983060 171553 108694 7677 26459 18788 1025566 378 15000 53253 737486 12813 14681 39564 1751 14579 45713 Wellness Plan 22010 19207 34318232 500000 1048700 554212 873894 251626 243384 156692 14579 0 142113 5626218 4970859 6932056 7278950 25335 36003 264745 491626 48700 3989395 3628726 4279475 4205055 X 2652581 3073895 2652581 3073895 6932056 7278950 405682 15632 0 X X 0 1 X 0 0 156692 14579 142113 142113 Claims Payable 3628726 3628726 X 34739546 15632 15632 34723914 0 34723914 34323921 9995 9995 34313926 4306 4306 34318232 Part X, Line 2: Accounting principles generally accepted in the United States of America require Trust management to evaluate tax positions taken by the Trust and recognize a tax liability (or asset) if the Trust has taken an uncertain tax position that more likely than not would not be sustained upon examination by the Internal Revenue Service. The Trust is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Part XII, Line 2d - Other Adjustments: Accrual to modified cash basis adjustment - CY 9,995. Part XII, Line 4b - Other Adjustments: Accrual to modified cash basis adjustment - PY 4,306. X 0 0 0 Shane Heigis Administrator 139745 0 0 0 0 0 9923 0 12865 0 162533 0 0 0 Form 990, Part VI, Section A, line 8b There are no committees with authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b A copy of the Form 990 was provided to the Trust Administrator, the members of the Board of Trustees, and the outside accounting services preparer via email for review prior to filing. Form 990, Part VI, Section B, line 12c The organization monitors and enforces compliance with the conflict of interest policy. All officers, trustees, and key employees are covered by the policy. The board determines if conflicts exist and all potential conflicts are reviewed by the board. Any persons with a conflict are not allowed to vote on conflicted issues. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy, and financial statements are not available to the public. Form 990, Part VII, Section A, Line 1A, Column (E) and (F): Reasonable Effort to Obtain Compensation: Joint Powers Trust sent a questionnaire to the seven voting Trustees that served at some point on the Board requesting compensation and benefits paid by a related organization. The organization was unable to obtain the requested information from all seven members. Form 990, Part XII, Line 1: Modified Cash Form 990, Part V, Line 3a and 3b: The organization is electing to set aside investment income for the purpose of payments for health benefits to its members. The set aside election has been made by filing Schedule G of Form 990-T, in addition to completing a Schedule in Support of Income Set Aside as attached to the 990-T. Absarokee School District Bainville School District Broadus Public Schools Carter County Centerville Public Schools City of Hardin Colstrip Parks & Recreation Colstrip School District Columbus School District Corvallis School District Daniels County Fairfield Public Schools Huntley Project Schools Jefferson County JPT Administration Health Plan Laurel Public Schools Lewistown Schools Lincoln County Lockwood School District Malta School District Montana High School Association Phillips County Pondera County Powell County Powell County High School Prairie County Roberts School District Roosevelt County Roundup Public Schools Shelby Public School District Shepherd Public Schools Sidney Public Schools Swan Valley Elementary Wheatland County White Sulphur Springs School District Wibaux Public Schools District XI (HRC) Fallon County Miles City School District Richland County Sheridan County of Montana Stillwater County 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1