North Dakota Public Health Insurance Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 851481944 ✦ Fargo, ND ✦ Designated as a 501(c)(9)

Overview

What is North Dakota Public Health Insurance Trust?

The North Dakota Public Health Insurance Trust is a nonprofit organization with a mission to extend welfare benefits to North Dakota public agencies that are exempt from federal taxation under IRC Section 115(1). Initially established to provide health insurance coverage for these entities, the Trust has since expanded its reach to incorporate participating employers, encompassing cities, counties, municipalities, and school districts. During its inaugural year, 83 member groups received health insurance benefits from the Trust.


Official website here: www.ndphithealth.com

Is North Dakota Public Health Insurance Trust legitimate?

North Dakota Public Health Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. North Dakota Public Health Insurance Trust 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ndphithealth.com

What is the mission statement of North Dakota Public Health Insurance Trust?

The North Dakota Public Health Insurance Trust functions with the mission to extend welfare benefits to North Dakota public agencies that are exempt from taxation under IRC Section 115(1). Initially established to offer health insurance to these exempt entities, the Trust now caters to a broader range of participating employers, including cities, counties, municipalities, and school districts. In its inaugural year, over 80 member groups reaped the benefits of the Trust's insurance services.


Official website here: www.ndphithealth.com

Who is the CEO of North Dakota Public Health Insurance Trust?

Brennan Quintus is the Chairperson of North Dakota Public Health Insurance Trust.


Official website here: www.ndphithealth.com

What is the revenue of North Dakota Public Health Insurance Trust?

North Dakota Public Health Insurance Trust's revenue in 2021 was $23,814,205.


Official website here: www.ndphithealth.com

Who are the executives of North Dakota Public Health Insurance Trust and what are their salaries?

Here are 10 key members and their salaries:

    Brennan Quintus (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $219,700
  • Other: $19,479

    • Dr Steve Holen (Trustee (From July 2021))
  • Compensation: $0
  • Related: $188,702
  • Other: $28,368

    • Genny Dienstmann (Trustee)
  • Compensation: $0
  • Related: $143,901
  • Other: $56,977

    • Nora Frueh (Treasurer (From March 2021))
  • Compensation: $0
  • Related: $165,756
  • Other: $32,404

    • Steve Hall (Trustee)
  • Compensation: $0
  • Related: $172,359
  • Other: $0

    • Dr Mike Mcneff (Trustee (From July 2021))
  • Compensation: $0
  • Related: $127,089
  • Other: $23,562

    • Paul Frydelund (Trustee)
  • Compensation: $0
  • Related: $146,522
  • Other: $0

    • Lisa Guenther (Trustee)
  • Compensation: $0
  • Related: $73,740
  • Other: $0

    • Marcia Lamb (Trustee (See Schedule O Explanation))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Kramer (Trustee (See Schedule O Explanation))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ndphithealth.com

    Where can I find the form 990 for North Dakota Public Health Insurance Trust?

    The North Dakota Public Health Insurance Trust’s most recent form 990 was submitted in 2021 and can be accessed here


    Official website here: www.ndphithealth.com

    Learn more at the official website: www.ndphithealth.com

    Mission Statement of North Dakota Public Health Insurance Trust

    The North Dakota Public Health Insurance Trust, a nonprofit organization, is dedicated to extending welfare benefits to North Dakota public agencies that are exempt from federal taxation under IRC Section 115(1). This mission originated with the goal of offering health insurance to the state's public entities. Over the years, the Trust has expanded its reach to encompass participating employers, which include cities, counties, municipalities, and school districts.

    In its inaugural year, the Trust provided health insurance benefits to 83 member groups, marking the beginning of its essential role in offering essential coverage to public agencies in North Dakota. The organization's operations are rooted in the belief that access to healthcare is a crucial component of the wellbeing and productivity of public entities, ultimately benefiting the communities they serve.

    Beyond health insurance, the North Dakota Public Health Insurance Trust has demonstrated a commitment to contributing to the broader welfare of its member groups. By partnering with public entities, the organization has fostered a collaborative approach to addressing the unique needs and challenges of the public sector. By providing welfare benefits tailored to tax-exempt public agencies, the Trust allows these entities to focus on their core missions, rather than the administrative complexities and costs associated with securing adequate health insurance.

    Impact

    This information is meant to be a general summary of North Dakota Public Health Insurance Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The North Dakota Public Health Insurance Trust has a significant impact on providing welfare benefits to public agencies in North Dakota that are exempt from taxation under IRC Section 115(1). Its mission to offer health insurance services to public entities has positively influenced 83 member groups in its first year alone. By extending its services to various participating employers such as cities, counties, municipalities, and school districts, the trust plays a crucial role in ensuring access to essential health insurance coverage for public sector workers in North Dakota.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $4,030
  • Program Service Revenue: $23,810,175
  • Gross Receipts: $23,814,205

    • Assets and Liabilities:
  • Total Assets: $5,854,121
  • Total Liabilities: $3,144,128
  • Net Assets: $2,709,993
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Premiums Earned

    Revenue

    $20,681,019

    Memeber Deposits

    Revenue

    $3,129,156

    Organization Details

    Founding Year

    2020

    Principal Officer

    Brennan Quintus

    Main Address

    3170 43rd St S 103, Fargo, ND, 58104

    NTEE Category

    Code: Y40 - Mutual benefit

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