Nd Banks Benefit Tr
Public records raise at least one point you should look into before giving.
What it says it does
None
- Income
- $21.3 million
- Spending
- $21.8 million
- Employees
- 0
- Volunteers
- 13
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- As of December 31, 2024, the ND Banks Benefit Trust (NDBBT) covered approximately 3,170 persons for Health Insurance. In addition, approximately 1,955 persons were covered for Dental Insurance and approximately 1,104 were covered for Vision Insurance at the end of the year.The NDBBT completed and sent out Form 1095B's to the employees of the participating banks with under 50 employees - and electronically filed the corresponding Form 1094C with the IRS. The Trust also provided guidance on completion of the Forms 1095C and 1094C for the participating banks with over 50 employees.The NDBBT continues to promote and encourage healthy lifestyles through monthly articles published in both the ICBND and NDBA monthly magazines and promoting participation in Blue Cross Blue Shield's Wellness Summits and Wellness Program Trainings.The NDBBT (working through Brown & Brown) offers ancillary benefits (life, AD&D, LTD, STD, voluntary life) to North Dakota banks.The ND BANKS Benefit Trust had 42 participating banks and 2 banking associations in the year from January 1, 2024 - December 31, 2024.
- NDBBT continues to work with Brown & Brown (broker) to provide access to innovative benefits communication tools such as on-demand BrainShark training videos and a mobile app that allows employees to load bank specific benefits information on their phone and other devices. Starting in 2024, each NDBBT member bank was provided with an electronic flipbook link which includes bank-specific benefits information and all required employee benefit plan documents and notices. The flipbooks are updated annually.Bank employees and their family members also have access to Medicare Specialists through the Medicare Eligibility Program to help them enroll in and explore the many options available to them through Medicare. The Medicare Eligibility Program is paid for by the NDBBT and is provided at no cost to the bank employees and their family members.
- NDBBT offers the Learn to Live Mental Health program through BCBSND. This is an on-line program that is provided to bank employees and their families (13 and older) at no cost. Learn to Live offers proven on-line programs addressing stress, depression, social anxiety, insomnia and substance use which can be accessed anytime anywhere.NDBBT also offers an Employee Assistance Program to those banks that participate in the ancillary benefits (life, AD&D, LTD, STD, voluntary life) through Mutual of Omaha.
- Another Mental Health option - NDBBT provides free access to all member bank employees and their families to the CALM app. This app can help to lower stress and anxiety, improve focus and more restful sleep.NDBBT offers Hinge Health, a digital exercise therapy benefit available at no additional cost to NDBBT members. Their virtual programs combine gentle exercise with 1-on-1 support to reduce pain and help members move with confidence. This is available to member bank employees and their dependents (age 18+) that are enrolled in an NDBBT medical plan.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(9) employees' beneficiary association.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(9) employees' beneficiary association as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2014.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.