Montana Self-Insurers Guaranty Fund

“Management of the Organization is delegated to the Montana Health Network, Inc. The organization's Executive Director, Janet Bastian, is compensated by the Montana Health Network, Inc. During the fiscal year ending June 30, 2025, Montana Health Network was paid a total of $62,400 pursuant to the management contract. Janet Bastian was compensated $44,631 for Executive Director services provided to the Fund for the calendar year ending December 31, 2024.”

“The organization has one class of members: private, self-insured workers compensation organizations.”

“The self-insured employer members elect the governing body.”

“There are no committees with the authority to act on behalf of the governing body.”

“The organization provides a copy of the Form 990 to each board member for approval prior to filing the return with the IRS.”

“All board members are covered by the Conflict of Interest Policy. The board determines whether a conflict exists by careful review of the circumstances involved in any given situation. The Conflict of Interest Policy is distributed to each board member annually. Board members acknowledge receipt of and compliance with the policy annually by signing, dating, and returning the acknowledgement form to the Executive Director. If a conflict arises as determined by the board, the board member involved is restricted from voting on relevant issues.”

“The Executive Director is employed by the Montana Health Network, Inc. (MHN) and is covered under their compensation and evaluation process as set by MHN policy. Compensation is authorized by the board as per their management contract with MHN.”

“Under written or verbal request, the governing documents, the Conflict of Interest Policy, and the financial statements will be made available to the public by email.”