Mission
Provide Health Insurance and Disability Benefits to Members
Public Charity
The Principal Trust for Health and Disability Benefits for Active and Non-M
Based in Des Moines, IA, The Principal Trust for Health and Disability Benefits for Active and Non-M operates as a Public Charity. The organization reported $77.2M in revenue, $190.5M in expenses, $201.7M in total assets for fiscal year 2024.
EIN: 421364494
Des Moines, IA
Latest filing: 2024
Total Revenue$77.2M
Total Expenses$190.5M
Total Assets$201.7M
Grant Records0
Filing Years2020–2024
Where $100 goes at The Principal Trust for Health and Disability Benefits for Active and Non-M
How The Principal Trust for Health and Disability Benefits for Active and Non-M divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$94
Benefits Paid to or for Members
$5
Administrative Fees Paid by Trust
$1
Taxes Paid on Investment Income of the Trust
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
Administrative Committee
Andy Schafer
Investment Committee
Binay Chandgothia
Administrative Committee
Brian Ness
Investment Committee
Deanna Strable
Investment Committee
Dennis Menken
Investment Committee
Dwight Soethout
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $77.2M | $190.5M | $201.7M |
| 2023 | $76.4M | $190.6M | $313.5M |
| 2022 | $-16.5M | $161.2M | $343.1M |
| 2020 | $166.1M | $96.7M | $571.3M |
Between 2020 and 2024, reported annual revenue declined from $166.1M to $77.2M (-54%), with total assets most recently reported at $201.7M.
Interactive year-over-year charts and full filing details available with membership.