Public Charity

IOWA BANKERS BENEFIT PLAN

IOWA BANKERS BENEFIT PLAN is a nonprofit organization categorized as Public Charity based in JOHNSTON, IA. Its most recent IRS filing (2025) reports revenue of $163.5M, expenses of $148.7M, total assets of $151.6M.

EIN: 421122086 JOHNSTON, IA Latest filing: 2025
Total Revenue$163.5M
Total Expenses$148.7M
Total Assets$151.6M
Grant Records0
Filing Years2021–2025

Mission

THE IBBP TRUST WAS ESTABLISHED TO PROVIDE GROUP HEALTH INSURANCE, GROUP LIFE INSURANCE, AND LONG-TERM AND SHORT-TERM DISABILITY INSURANCE COVERAGE TO SUBSTANTIALLY ALL EMPLOYEES OF PARTICIPATING EMPLOYERS.

Officers & Directors

TRUSTEE Brad Becker End 925
CHIEF ADMIN OFFICER (IBIS) Chad Ellsworth
TRUSTEE David Coulter
TRUSTEE James Kennedy Jr
TRUSTEE Jennifer Hansen
TRUSTEE Joshua Guttau

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $163.5M $148.7M $151.6M
2024 $165.1M $139.1M $125.7M
2023 $166.6M $148.2M $101.1M
2022 $171.3M $145.3M $80.6M
2021 $182.7M $171.3M $64.3M

Between 2021 and 2025, reported annual revenue declined from $182.7M to $163.5M (-10%), with total assets most recently reported at $151.6M.

Interactive year-over-year charts and full filing details available with membership.

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