Civic Intelligence

North Dakota Public Health Insurance

EIN 85-1481944 • 501(c)9 • Fargo, ND

Profile

None

3170 43rd St S 103Fargo, ND 58104

ndphithealth.com

Siviq Scores

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

Liabilities / Assets

86th percentile

0.39x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

59th percentile

0.09x

Higher debt load relative to revenue than 59% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Net Margin

50th percentile

5.4%

Higher net margin than 50% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

77th percentile

$246,156

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Asset Growth

96th percentile

32%

Faster asset growth than 96% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

71st percentile

15%

Faster revenue growth than 71% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$13,092,218

Up $3,160,840 (+32%) from 2023

Liabilities

Up

$5,093,959

Up $149,315 (+3.0%) from 2023

Net Assets

Up

$7,998,259

Up $3,011,525 (+60%) from 2023

Revenue

Up

$55,958,328

Up $7,417,727 (+15%) from 2023

Expenses

Up

$52,946,803

Up $4,847,248 (+10%) from 2023

Net Income

Up

$3,011,525

Up $2,570,479 (+583%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2021: $5,854,121Liabilities 2021: $3,144,128Net Assets 2021: $2,709,9932021Assets 2022: $8,927,102Liabilities 2022: $4,381,414Net Assets 2022: $4,545,6882022Assets 2023: $9,931,378Liabilities 2023: $4,944,644Net Assets 2023: $4,986,7342023Assets 2024: $13,092,218Liabilities 2024: $5,093,959Net Assets 2024: $7,998,2592024

Highlighted filing

2024

Assets$13,092,218
Liabilities$5,093,959
Net Assets$7,998,259

Operations Trend

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

$60M$40M$20M$0Revenue 2021: $23,814,205Expenses 2021: $21,104,279Net Income 2021: $2,709,9262021Revenue 2022: $38,422,872Expenses 2022: $37,643,145Net Income 2022: $779,7272022Revenue 2023: $48,540,601Expenses 2023: $48,099,555Net Income 2023: $441,0462023Revenue 2024: $55,958,328Expenses 2024: $52,946,803Net Income 2024: $3,011,5252024

Highlighted filing

2024

Revenue$55,958,328
Expenses$52,946,803
Net Income$3,011,525

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$55,958,328
Mission and Program Overview

Mission

None

Provide welfare benefits to ND public agencies exempt from taxation under IRC Section 115(1).

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$6,335,656$7,993,714▲ $1,658,058
Investments Other Securities$2,049,451$2,661,898▲ $612,447
Accounts Receivable$37,555$24,525▼ $13,030
Total Assets$9,931,378$13,092,218▲ $3,160,840
Other Assets Total$1,508,716$2,412,081▲ $903,365
Liabilities
Other Liabilities$3,500,000$3,710,000▲ $210,000
Accounts Payable and Accrued Expenses$1,430,597$1,373,631▼ $56,966
Deferred Revenue$14,047$10,328▼ $3,719
Total Liabilities$4,944,644$5,093,959▲ $149,315
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,986,734$7,998,259▲ $3,011,525
Total Net Assets Fund Balance$4,986,734$7,998,259▲ $3,011,525
Total Liabilities and Net Assets / Fund Balance$9,931,378$13,092,218▲ $3,160,840

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$2,412,081--
Other Securities$2,616,819--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Brennan QuintusTrustee (Through January)$142,718$142,718
Cole HiglinTrustee$128,664$128,664
Dessie CalihouTrustee$101,997$101,997
Sonya LarsonTrustee$86,933$86,933

Board Members and Trustees

NameTitle
Dr Mike McNeffChairperson
Dr Chris LarsonTrustee
Dr Steve HolenTrustee
Genny DienstmannTrustee
Keith PicTrustee
Kevin BeaudoinTrustee
Nora FruehTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Blue Cross Blue ShieldPlan Administration4510 13th Ave S, Fargo, ND 58121$3,169,319
Brown & BrownBenefit Consulting80 S 8th St 700, Minneapolis, MN 55403$768,844
Thriver HealthWellness Consulting & Coaching30 N Gould St Ste R, Sheridan, WY 82801$205,241
Food RX and AI Inc (DBA Digbi Health)Health & Nutriton Consulting800 W El Camino Real Ste 180, Mountain View, CA 94040$193,200
South East Education CooperativeTrust Administration317043rd St S 103, Fargo, ND 58104$192,763
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$55,391,955
Investment Income
$475,554
Other Revenue
$90,819
Change in Net Assets
$3,011,525

Audited Revenue Reconciliation

Revenue per Audited Statements
$55,958,328
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$55,958,328
Total Revenue per Form 990
$55,958,328
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,730,791
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---$48,216,012
Fees for Services Other---$4,716,714
Advertising---$10,096
Travel---$2,901
Insurance---$1,080
Total Functional Expenses$0$0$0$52,946,803

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$52,946,803
Total Expenses per Audited Statements$52,946,803
Total Expenses per Form 990$52,946,803
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Reserve for Incurred but not Reported (IBNR) Losses$3,710,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 1A

The Board of Trustees consists of employees of the contributing employers, and as such, the board members are compensated by the contributing employers for the services they provide as employees of their respective employer. Due to this, they are not considered independent Trustees.

Form 990, Part VI, Section A, line 3

South East Education Cooperative serves as the Secretary for the Board of Trustees, and is also responsible for management of the Trust. They were paid $192,763 in 2024 for these services.

Form 990, Part VI, Section A, line 7A

The South East Education Cooperative and the North Dakota Insurance Reserve Fund each have the authority to appoint a Trustee.

Form 990, Part VI, Section A, line 8B

There are no committees with the authority to act on behalf of the Board of Trustees.

Form 990, Part VI, Section B, line 11B

The Form 990 is reviewed by the Treasurer and e-mailed to the remaining board members.

Form 990, Part VI, Section B, line 12C

The Trustees for the North Dakota Public Health Insurance Trust must annually comply with the conflict of interest policy. Potential conflicts are reviewed by the Chairperson and the remaining Trustees will discuss and vote on whether a confilct of interest exists in each individual instance. If a conflict exists, the Trustees shall determine whether the organization can obtain, with reasonable effort, a more advantageous transaction or arrangement from a person or entity that would not produce a conflict of interest. If an alternative transaction or arrangement is not feasible, the board of Trustees shall determine by a majority vote of the disinterested Trustees whether the transaction or arrangement is in the best interests of the organization, for its own benefit, and fair and reasonable.

Form 990, Part VI, Section C, line 19

The governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
North Dakota Public Health Insurance
EIN
85-1481944
Phone
7019972437
Address
3170 43rd St S 103, Fargo, ND 58104

Signing Officer

Name
Mike McNeff
Title
Board President
Phone
7019972437
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike McNeff
Formed
2020
Legal Domicile
Nd
Voting Board Members
9
Independent Board Members
0
Employees
0
Volunteers
9

Preparer

Firm
Eide Bailly LLP
Address
800 Nicollet Mall Ste 1300, Minneapolis, MN 55402-7033
Preparer
Kim Hunwardsen CPA
Phone
6122536500
Supplemental Narrative

Additional Explanations

Form 9990, Part XII, Line 2C:

The board of directors assumes responsbility for oversight of the audit and selection of an independent accountant. This process has not changed from the prior year.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Nora Frueh
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Dr Steve Holen
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Keith Pic
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3Genny Dienstmann
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4Dr Mike McNeff

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