Public Charity

SOUTH DAKOTA BANKERS BENEFIT PLAN TRUST

SOUTH DAKOTA BANKERS BENEFIT PLAN TRUST is a Public Charity headquartered in PIERRE, SD. Financial data from the 2024 filing: $19.8M revenue, $21.1M expenses, $15.7M total assets.

EIN: 464332220 PIERRE, SD Voluntary Employees Beneficiary Associations (Non-Government) NTEE: Y43 Latest filing: 2024
Total Revenue$19.8M
Total Expenses$21.1M
Total Assets$15.7M
Grant Records0
Filing Years2020–2024

Mission

THE SDBBP TRUST WAS ESTABLISHED TO PROVIDE GROUP HEALTH INSURANCE COVERAGE TO SUBSTANTIALLY ALL EMPLOYEES OF PARTICIPATING EMPLOYERS.

Where $100 goes at South Dakota Bankers Benefit Plan Trust

How South Dakota Bankers Benefit Plan Trust divides every $100 it spends, from its own Form 990 filings, averaged across 7 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

$100
The sdbbp trust was established to provide group health insurance coverage to substantially all employees of participating employers
All program spending
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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

CHAIRMAN David King
CO-CHAIRMAN Dean Dreessen
DIRECTOR George Kenzy
DIRECTOR Joseph Anglin
SECRETARY Mark Law

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $19.8M $21.1M $15.7M
2023 $21.1M $19.5M $13.1M
2022 $19.9M $19.7M $9.8M
2021 $21.0M $19.2M $10.8M
2020 $15.9M $16.3M $13.8M

Between 2020 and 2024, reported annual revenue grew from $15.9M to $19.8M (+24%), with total assets most recently reported at $15.7M.

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

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