Civic Intelligence

Cook Group Health Plan Trust

EIN 35-1498722 • 501(c)9 • Bloomington, IN

Profile

Provide health related benefits to eligible employees and dependents of the cook group health plan

P O Box 1608Bloomington, IN 47402-1608

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

0.92x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)9 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

52nd percentile

0.05x

Higher debt load relative to revenue than 52% of similar nonprofits.

501(c)9 • $100M-$250M nonprofits • Source year 2024

Net Margin

52nd percentile

5.6%

Higher net margin than 52% of similar nonprofits.

501(c)9 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)9 • $100M-$250M nonprofits • Source year 2024

Asset Growth

8th percentile

-21%

Faster asset growth than 8% of similar nonprofits.

501(c)9 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

19%

Faster revenue growth than 81% of similar nonprofits.

501(c)9 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$7,614,423

Up $23,309 (+0.3%) from 2022

Liabilities

Down

$6,988,811

Down $269,256 (-3.7%) from 2022

Net Assets

Up

$625,612

Up $292,565 (+88%) from 2022

Revenue

Up

$144,556,695

Up $21,195,501 (+17%) from 2022

Expenses

Up

$136,478,219

Up $19,344,162 (+17%) from 2022

Net Income

Up

$8,078,476

Up $1,851,339 (+30%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$10M$0-$10MAssets 2017: $2,234,594Liabilities 2017: $8,103,842Net Assets 2017: -$5,869,2482017Assets 2018: $6,543,480Liabilities 2018: $9,948,477Net Assets 2018: -$3,404,9972018Assets 2019: $4,437,964Liabilities 2019: $14,051,233Net Assets 2019: -$9,613,2692019Assets 2020: $5,277,573Liabilities 2020: $12,254,297Net Assets 2020: -$6,976,7242020Assets 2021: $8,118,336Liabilities 2021: $14,012,426Net Assets 2021: -$5,894,0902021Assets 2022: $7,591,114Liabilities 2022: $7,258,067Net Assets 2022: $333,0472022Assets 2024: $7,614,423Liabilities 2024: $6,988,811Net Assets 2024: $625,6122024

Highlighted filing

2024

Assets$7,614,423
Liabilities$6,988,811
Net Assets$625,612

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150M$100M$50M$0-$50MRevenue 2017: $94,169,035Expenses 2017: $96,809,760Net Income 2017: -$2,640,7252017Revenue 2018: $100,749,665Expenses 2018: $98,285,414Net Income 2018: $2,464,2512018Revenue 2019: $101,878,102Expenses 2019: $108,086,374Net Income 2019: -$6,208,2722019Revenue 2020: $110,982,293Expenses 2020: $108,345,748Net Income 2020: $2,636,5452020Revenue 2021: $121,299,897Expenses 2021: $120,217,263Net Income 2021: $1,082,6342021Revenue 2022: $123,361,194Expenses 2022: $117,134,057Net Income 2022: $6,227,1372022Revenue 2024: $144,556,695Expenses 2024: $136,478,219Net Income 2024: $8,078,4762024

Highlighted filing

2024

Revenue$144,556,695
Expenses$136,478,219
Net Income$8,078,476

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.2
Gross Receipts
$144,556,695
Mission and Program Overview

Mission

Provide health related benefits to eligible employees and dependents of the cook group health plan

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$3,077,241$3,927,513▲ $850,272
Cash and Non-Interest-Bearing Accounts$5,996,257$3,132,680▼ $2,863,577
Rtn Earn Endowment Incm Other Fnds$-7,452,864$625,612▲ $8,078,476
Prepaid Expenses and Deferred Charges$388,421$345,504▼ $42,917
Savings and Temporary Cash Investments$207,853$208,726▲ $873
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$9,669,772$7,614,423▼ $2,055,349
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$17,122,636$6,988,811▼ $10,133,825
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$17,122,636$6,988,811▼ $10,133,825
Net Assets / Fund Balance
Total Net Assets Fund Balance$-7,452,864$625,612▲ $8,078,476
Total Liabilities and Net Assets / Fund Balance$9,669,772$7,614,423▼ $2,055,349
Compensation and Service Providers

Board Members and Trustees

NameTitle
John KamstraTRUSTEE; EVP & CFO
Greg SmithTRUSTEE; GLOBAL DIRECTOR, HR
Pete YonkmanTRUSTEE; PRES COOK GROUP & CMH
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$144,470,062
Investment Income
$86,633
Other Revenue
$0
Change in Net Assets
$8,078,476

Audited Revenue Reconciliation

Revenue per Audited Statements
$144,556,695
Total Revenue per Audited Statements
$144,556,695
Total Revenue per Form 990
$144,556,695
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,362,105
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$127,116,114--$127,116,114
Fees for Services Other$4,797,323--$4,797,323
Other Expenses$4,564,782--$4,564,782
Total Functional Expenses$136,478,219$0$0$136,478,219

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$146,612,044
Expenses per Audited Statements$136,478,219
Total Expenses per Form 990$136,478,219
Expenses Not Reported on Form 990$10,133,825
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

The officers and trustees of this trust (that are members of the governing board) are also officers of a related organization reported on schedule r. As a result, all officers and trustees have a business relationship with each other.

Form 990, Part VI, Section B, Line 11

A draft copy of form 990 was reviewed by the governing body prior to finalization. After the form is reviewed and its accuracy confirmed by individuals with direct knowledge of the operations of the organization, the form 990 is finalized and provided to a member of the governing body for signature and filing.

Form 990, Part VI, Section C, Lines 18 & 19

As under regulations sections 301.6104(d)-1 through 3, the organization will make available for public inspection upon request the governing documents and each annual information return (form 990) and related schedules and attachments (including the audited financial statements). In addition, this return is automatically posted on guidestar.org.

Form 990, Part VII

The trustees and officers listed in part vii on line 1 (a) column a lines 1-6 are employees of a related organization (as disclosed on schedule r) that sponsors this 501(c)(9) veba. However, because the related organization is a for-profit organization that is not owned or controlled directly or indirectly by this veba reporting organization and does not provide management services for a fee to this reporting organization, compensation from the related organization (veba sponsor) is not disclosed as each of the trustees listed on these lines are volunteers who serve the reporting organization without compensation from the reporting organization.

Filing and Contact Details

Filer

Filer Name
Cook Group Health Plan Trust
EIN
35-1498722
In Care Of
% COOK GROUP INCORPORATED
Phone
8123311025
Address
P O BOX 1608, BLOOMINGTON, IN 47402-1608

Signing Officer

Name
John Kamstra
Title
Evp & CFO
Phone
8123311025
Signed
2025-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Kamstra
Formed
1981
Legal Domicile
In
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
4

Preparer

Firm
Forvis Mazars LLP
Address
820 Massachusetts Ave Ste 1370, Indianapolis, IN 46204
Preparer
Lauren R Denton
Phone
3173834000
Supplemental Narrative

Financial Statement Notes

Part XII, Line 4B - Other Adjustments

Net change in year end claims payable and claims incurred but not reported (and immaterial rounding).

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IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE; EVP & CFO
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NET CHANGE IN YEAR END CLAIMS PAYABLE AND CLAIMS INCURRED BUT NOT REPORTED (AND IMMATERIAL ROUNDING).
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XII, LINE 4B - OTHER ADJUSTMENTS
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IRS990ScheduleD/TotalRevenuePerForm990Amt0144556695
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE OFFICERS AND TRUSTEES OF THIS TRUST (THAT ARE MEMBERS OF THE GOVERNING BOARD) ARE ALSO OFFICERS OF A RELATED ORGANIZATION REPORTED ON SCHEDULE R. AS A RESULT, ALL OFFICERS AND TRUSTEES HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT COPY OF FORM 990 WAS REVIEWED BY THE GOVERNING BODY PRIOR TO FINALIZATION. AFTER THE FORM IS REVIEWED AND ITS ACCURACY CONFIRMED BY INDIVIDUALS WITH DIRECT KNOWLEDGE OF THE OPERATIONS OF THE ORGANIZATION, THE FORM 990 IS FINALIZED AND PROVIDED TO A MEMBER OF THE GOVERNING BODY FOR SIGNATURE AND FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AS UNDER REGULATIONS SECTIONS 301.6104(D)-1 THROUGH 3, THE ORGANIZATION WILL MAKE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST THE GOVERNING DOCUMENTS AND EACH ANNUAL INFORMATION RETURN (FORM 990) AND RELATED SCHEDULES AND ATTACHMENTS (INCLUDING THE AUDITED FINANCIAL STATEMENTS). IN ADDITION, THIS RETURN IS AUTOMATICALLY POSTED ON GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE TRUSTEES AND OFFICERS LISTED IN PART VII ON LINE 1 (A) COLUMN A LINES 1-6 ARE EMPLOYEES OF A RELATED ORGANIZATION (AS DISCLOSED ON SCHEDULE R) THAT SPONSORS THIS 501(C)(9) VEBA. HOWEVER, BECAUSE THE RELATED ORGANIZATION IS A FOR-PROFIT ORGANIZATION THAT IS NOT OWNED OR CONTROLLED DIRECTLY OR INDIRECTLY BY THIS VEBA REPORTING ORGANIZATION AND DOES NOT PROVIDE MANAGEMENT SERVICES FOR A FEE TO THIS REPORTING ORGANIZATION, COMPENSATION FROM THE RELATED ORGANIZATION (VEBA SPONSOR) IS NOT DISCLOSED AS EACH OF THE TRUSTEES LISTED ON THESE LINES ARE VOLUNTEERS WHO SERVE THE REPORTING ORGANIZATION WITHOUT COMPENSATION FROM THE REPORTING ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINES 18 & 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VII
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0COOK GROUP INCORPORATED
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1COOK INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt2SABIN CORPORATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt3COOK RESEARCH INCORPORATED
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt4COOK AVIATION INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt5SALSBURY TRAVEL SERVICE INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt6COOK FAMILY HEALTH CENTER INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt7COOK BIOTECH INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt8COOK MYOSITE INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt9K-TUBE CORPORATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt10COOK SHARED SERVICES INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt11MUFFIN INCORPORATED
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt12MED ENGINEERING & DEVELOPMENT INSTITUTE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt13COOK BIODEVICE LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt14WILSON-COOK MEDICAL INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt15COOK ANIMAL HEALTH INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt16COOK VANDERGRIFT INC
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