2026-05-13T15:29:53-05:00 2025-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2024-07-01 810457009 Montana Joint Powers Trust c/o Employee Benefit Management Services MONT 8668868612 PO Box 81647 Billings MT 591081647 Shane Heigis Executive Director 4066989588 2026-05-13 1 1 Kim Hunwardsen CPA P00484560 6122536500 2026-05-13 2024 2025-03-06 01:10:19Z Joint Powers Trust Shane Heigis PO Box 81647 Billings MT 591081647 56947577 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 0 4 7 349694 0 0 0 39089685 51223017 197083 349694 0 0 39286768 51572711 0 0 36947551 46399098 444978 456567 0 0 0 3858473 4780372 41251002 51636037 -1964234 -63326 7949957 9312429 7953027 9178597 -3070 133832 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 by agreement with the trust. Eligible employers are any government subdivisions of the various states who voluntarily apply to become a party to the Trust. 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 5 0 1 4 1 1 1 0 0 0 0 0 0 0 X 7 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 X Josh Zeller 4062486178 3435 Mountain Pass Rd Billings MT 59102 X Stephanie Verhasselt Chair 1.00 40.00 X X 0 0 0 Richard Dunbar Vice Chair 1.00 40.00 X X 0 0 0 Kody Farkell Secretary/Treasurer 1.00 40.00 X X 0 0 0 Elliott Crump Trustee until Sept 1.00 40.00 X 0 0 0 Jeff Bermes Trustee 1.00 40.00 X 0 0 0 Jodi Pedersen Trustee 1.00 40.00 X 0 0 0 John Fitzgerald Trustee 1.00 40.00 X 0 0 0 Mark Wandle Trustee 1.00 40.00 X 0 0 0 Shane Heigis Executive Director 40.00 0.00 X 174891 0 33359 174891 0 33359 1 0 1 0 Employee Benefit Management Services 1150 Liberty Ride Drive Suite 330 Wayne PA 19087 Administrative and accounting services 5294978 Smith RX 300 Brannan Street Suite 601 San Francisco CA 94107 Pharmacy Benefits Management Fees 983859 2 Contributions 525100 48516265 48516265 Stop-loss Insurance Reimbursement 525100 2706752 2706752 51223017 221097 221097 5503463 5374866 128597 128597 128597 51572711 51223017 349694 0 46399098 211075 180637 12644 24514 27697 1412688 37750 57777 927582 36442 21773 71396 4929 29655 54155 Premiums Paid 1751630 SelectCare Savings 203126 Wellness Plan 170246 Bad Debt/Uncollectable 458 765 51636037 574777 1607535 781548 1423736 169269 111141 87783 58128 6505849 6223030 7949957 9312429 84073 139947 487570 547373 7381384 8491277 7953027 9178597 X -3070 133832 -3070 133832 7949957 9312429 -63326 229706 -29478 0 X 0 1 X 0 0 169269 111141 58128 58128 Claims Payable 7840666 Claims Reimbursement Payable 650611 8491277 X 51802417 229706 229706 51572711 0 51572711 51636037 0 51636037 0 51636037 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 believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Trust would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. The Trust is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. X 0 0 0 Shane Heigis Executive Director 165891 0 9000 0 0 0 12127 0 21231 0 208249 0 0 0 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 Form 990-T, Schedule A part VII, and completing a Schedule in Support of Income Set Aside as attached to the Form 990-T. 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 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 Executive Director, 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 advised of the need to report compensation paid by the related employers to the Trustees on the Form 990 in a board meeting. The eight voting Trustees that served at some point on the Board were requested to provide compensation and benefits paid by the related organization. The organization was unable to obtain the requested information from all eight members. Absarokee School District #52 Bainville School District Bear Paw Cooperative Belgrade School District Big Country Co-Op Box Elder School District Broadus Public Schools Brockton School District Carter County Chester Joplin Inverness City Of Hardin City Of Laurel CMLRCC Colstrip Park & Recreation Dis Colstrip School District Columbus School District Corvallis School District Daniels County Dodson School District Ekalaka School District 15 Fairfield Public Schools Florence Carlton School District Frenchtown School District Froid School District Greenfield School District Hellgate Elementary Hot Springs School District Huntley Project Irrigation Huntley Project Schools JPT Administration Health Plan Lame Deer School District Laurel Public Schools Lavina School District 2 Lewistown Public Schools Lincoln County Lockwood School District Medicine Lake School District Noxon Public Schools Phillips County Plentywood School District 20 Plevna School District 55 Polson School District Pondera County Powell County Power School District Red Lodge School District Roberts School District #5 Roosevelt County Roundup Public Schools Shelby Public School Dist #14 Sidney Public Schools Sun River Valley School District Vaughn Elementary Washakie County Westby School District 3 Wibaux Public School 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1