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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Iowa Bankers Benefit Plan

Iowa Bankers Benefit Plan

Fiscal year ending 2017. Filed on November 14, 2018.

8800 NW 62nd Avenue PO Box 6210
Johnston, Iowa 50131

Iowa Bankers Benefit Plan (EIN: 42-1122086) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2017 IRS Form 990 filing, Iowa Bankers Benefit Plan, a 501(c)(9) voluntary employees' beneficiary association, reported compensation for 2 employees. Among the employees shown here, the average compensation is $190,733. The highest compensated employee at Iowa Bankers Benefit Plan is Chad J Ellsworth with fiscal year 2017 compensation of $292,325.

Revenue, expenses, and employee compensation

Revenue

$156,178,353

Expenses

$156,387,766

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Chad J Ellsworth
Chief Administrative Officer
$292,325
$0 $264,916 $27,409
Merritt D Krause, Cpcu, Cic
Chief Admin Officer (End 1/2017)
$89,141
$0 $31,343 $57,798

Benchmark Employee Compensation

Non-Employee Board Members

Alex J Oponski
Trustee
Dale C Bowers End 617
Chair
David A Coulter
Trustee
Gary S Kahn
Trustee
Gregory W Turner
Trustee
Jim Kennedy Jr Start 617
Trustee
Joel Johnson Start 617
Trustee
Joshua M Guttau
Trustee
Sean Noonan Start 1117
Trustee

Contractors

Wellmark Blue Cross & Blue Shield of Iow
Claim Processing
$4,982,305
Delta Dental
Claim Processing
$392,218

Mission Statement

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.

Revisions to this organization profile

October 8, 2025:
2024 Iowa Bankers Benefit Plan 990 filed
October 9, 2024:
2023 Iowa Bankers Benefit Plan 990 filed
October 26, 2023:
2022 Iowa Bankers Benefit Plan 990 filed

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