Civic Intelligence

Standard Insurance Company Continuing Health & Welfare Benefits Trust

EIN 93-1097066 • 501(c)9 • Portland, OR

Profile

The purpose of the trust is to collect, hold, and disburse funds to provide life, health, and similar benefits to the retired employees of stancorp financial group.

PO Box 711 MS P15dPortland, OR 97207
Siviq Scores

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

Liabilities / Assets

38th percentile

0.00x

Higher debt load relative to assets than 38% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

63rd percentile

0.06x

Higher debt load relative to revenue than 63% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Source year 2024

Net Margin

15th percentile

-12%

Higher net margin than 15% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

100th percentile

$10,240,220

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 1203.7% of source-year revenue.

501(c)9 • $10M-$25M nonprofits • Source year 2024

Asset Growth

26th percentile

-3.0%

Faster asset growth than 26% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

28th percentile

-1.0%

Faster revenue growth than 28% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$16,889,773

Down $526,006 (-3.0%) from 2023

Liabilities

Down

$52,203

Down $23,679 (-31%) from 2023

Net Assets

Down

$16,837,570

Down $502,327 (-2.9%) from 2023

Revenue

Down

$850,756

Down $8,967 (-1.0%) from 2023

Expenses

Down

$948,758

Down $55,300 (-5.5%) from 2023

Net Income

Up

-$98,002

Up $46,333 (+32%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $20,545,070Liabilities 2011: $79,500Net Assets 2011: $20,465,5702011Assets 2012: $21,385,901Liabilities 2012: $99,800Net Assets 2012: $21,286,1012012Assets 2013: $19,123,215Liabilities 2013: $140,800Net Assets 2013: $18,982,4152013Assets 2014: $21,009,464Liabilities 2014: $125,100Net Assets 2014: $20,884,3642014Assets 2015: $21,005,686Liabilities 2015: $311,714Net Assets 2015: $20,693,9722015Assets 2016: $20,462,805Liabilities 2016: $246,745Net Assets 2016: $20,216,0602016Assets 2017: $21,259,969Liabilities 2017: $285,509Net Assets 2017: $20,974,4602017Assets 2018: $20,302,465Liabilities 2018: $367,271Net Assets 2018: $19,935,1942018Assets 2019: $20,615,112Liabilities 2019: $474,028Net Assets 2019: $20,141,0842019Assets 2020: $19,915,543Liabilities 2020: $330,074Net Assets 2020: $19,585,4692020Assets 2021: $19,357,354Liabilities 2021: $63,893Net Assets 2021: $19,293,4612021Assets 2022: $17,091,463Liabilities 2022: $64,142Net Assets 2022: $17,027,3212022Assets 2023: $17,415,779Liabilities 2023: $75,882Net Assets 2023: $17,339,8972023Assets 2024: $16,889,773Liabilities 2024: $52,203Net Assets 2024: $16,837,5702024

Highlighted filing

2024

Assets$16,889,773
Liabilities$52,203
Net Assets$16,837,570

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2011: $1,480,949Expenses 2011: $939,944Net Income 2011: $541,0052011Revenue 2012: $1,621,311Expenses 2012: $1,142,350Net Income 2012: $478,9612012Revenue 2013: $1,965,701Expenses 2013: $2,469,679Net Income 2013: -$503,9782013Revenue 2014: $2,289,719Expenses 2014: $1,877,874Net Income 2014: $411,8452014Revenue 2015: $2,177,879Expenses 2015: $1,829,460Net Income 2015: $348,4192015Revenue 2016: $2,979,468Expenses 2016: $1,901,928Net Income 2016: $1,077,5402016Revenue 2017: $2,274,679Expenses 2017: $1,918,875Net Income 2017: $355,8042017Revenue 2018: $1,940,948Expenses 2018: $2,361,981Net Income 2018: -$421,0332018Revenue 2019: $2,164,005Expenses 2019: $2,962,697Net Income 2019: -$798,6922019Revenue 2020: $1,972,530Expenses 2020: $3,014,871Net Income 2020: -$1,042,3412020Revenue 2021: $1,089,120Expenses 2021: $1,350,359Net Income 2021: -$261,2392021Revenue 2022: $905,978Expenses 2022: $998,132Net Income 2022: -$92,1542022Revenue 2023: $859,723Expenses 2023: $1,004,058Net Income 2023: -$144,3352023Revenue 2024: $850,756Expenses 2024: $948,758Net Income 2024: -$98,0022024

Highlighted filing

2024

Revenue$850,756
Expenses$948,758
Net Income-$98,002

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.9$0.05$16.8$0.85$0.95$0.10
2023Detailed filing. Detailed filing data is available for this year.$17.4$0.08$17.3$0.86$1.00$0.14
2022Detailed filing. Detailed filing data is available for this year.$17.1$0.06$17.0$0.91$1.00$0.09
2021Detailed filing. Detailed filing data is available for this year.$19.4$0.06$19.3$1.09$1.35$0.26
2020Detailed filing. Detailed filing data is available for this year.$19.9$0.33$19.6$1.97$3.01$1.04
2019Summary only. Only limited summary data is available for this year.$20.6$0.47$20.1$2.16$2.96$0.80
2018Summary only. Only limited summary data is available for this year.$20.3$0.37$19.9$1.94$2.36$0.42
2017Detailed filing. Detailed filing data is available for this year.$21.3$0.29$21.0$2.27$1.92$0.36
2016Detailed filing. Detailed filing data is available for this year.$20.5$0.25$20.2$2.98$1.90$1.08
2015Detailed filing. Detailed filing data is available for this year.$21.0$0.31$20.7$2.18$1.83$0.35
2014Summary only. Only limited summary data is available for this year.$21.0$0.13$20.9$2.29$1.88$0.41
2013Summary only. Only limited summary data is available for this year.$19.1$0.14$19.0$1.97$2.47$0.50
2012Summary only. Only limited summary data is available for this year.$21.4$0.10$21.3$1.62$1.14$0.48
2011Summary only. Only limited summary data is available for this year.$20.5$0.08$20.5$1.48$0.94$0.54
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 24, 2025
Return Version
2024v5.2
Gross Receipts
$850,756
Mission and Program Overview

Mission

The purpose of the trust is to collect, hold, and disburse funds to provide life, health, and similar benefits to the retired employees of stancorp financial group.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$17,198,148$16,668,481▼ $529,667
Total Assets$17,415,779$16,889,773▼ $526,006
Other Assets Total$217,631$221,292▲ $3,661
Liabilities
Accounts Payable and Accrued Expenses$75,882$52,203▼ $23,679
Total Liabilities$75,882$52,203▼ $23,679
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$17,339,897$16,837,570▼ $502,327
Total Net Assets Fund Balance$17,339,897$16,837,570▼ $502,327
Total Liabilities and Net Assets / Fund Balance$17,415,779$16,889,773▼ $526,006
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Daniel J McmillanTrustee$927,982$9,312,238$10,240,220
Chris BeaulieuTrustee$364,926$962,900$1,327,826
Susan BruechnerTrustee$389,994$844,214$1,234,208
Sally a ManafiTrustee$92,618$1,045,315$1,137,933
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$138,758
Investment Income
$711,998
Other Revenue
$0
Change in Net Assets
$-98,002

Audited Revenue Reconciliation

Revenue per Audited Statements
$850,756
Revenue Not Reported on Form 990
$-404,325
Total Revenue per Audited Statements
$446,431
Total Revenue per Form 990
$850,756
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$274,141
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---$674,617
Insurance---$152,678
Other Expenses---$25,205
Total Functional Expenses$0$0$0$948,758

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$948,758
Total Expenses per Audited Statements$948,758
Total Expenses per Form 990$948,758
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
Federal income taxes-
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
No

Governance Explanations

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

Stancorp financial group, inc. And subsidiaries has a written conflict of interest policy, annually, all employees are required to log into a compliance management system and certify that they have read the policy.

Form 990, Part VI, Section C, Line 19

The organization will make its governing documents, conflict of interest policy, and financial statements available to the public upon request

Filing and Contact Details

Filer

Filer Name
Standard Insurance Company Continuing Health & Welfare Benefits Trust
EIN
93-1097066
Phone
9713217452
Address
PO BOX 711 MS P15D, PORTLAND, OR 97207

Signing Officer

Name
Susan Bruechner
Title
Trustee
Phone
9713217452
Signed
2025-10-24
Discuss with paid preparer
No

Organization Details

Principal Officer
Susan Bruechner
Formed
1992
Legal Domicile
Or
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Stancorp Financial Group Inc
Address
1100 SW 6TH AVENUE P15D, PORTLAND, OR 97204
Preparer
Self Prepared
Phone
9713217452
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Change in claims incurred but not reported

Raw XML Appendix352 raw XML fields

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/TitleTxt3TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt010240220
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt11137933
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt21234208
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt31327826
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0DAN J MCMILLAN, SALLY A MANAFI, SUSAN BRUECHNER, CHRIS BEAULIEU
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 4
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0STANCORP FINANCIAL GROUP, INC. AND SUBSIDIARIES HAS A WRITTEN CONFLICT OF INTEREST POLICY, ANNUALLY, ALL EMPLOYEES ARE REQUIRED TO LOG INTO A COMPLIANCE MANAGEMENT SYSTEM AND CERTIFY THAT THEY HAVE READ THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHANGE IN CLAIMS INCURRED BUT NOT REPORTED
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XI, Line 9
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0930242990
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C Corp
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0OR
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0LIFE INSURANCE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0STANDARD INSURANCE COMPANY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0PO BOX 711 MS P15D
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0PORTLAND
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0OR
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd097207
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IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
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IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OR
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt017415779
IRS990/TotalAssetsEOYAmt016889773
IRS990/TotalAssetsGrp/BOYAmt017415779
IRS990/TotalAssetsGrp/EOYAmt016889773
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0948758
IRS990/TotalGrossUBIAmt054123
IRS990/TotalLiabilitiesBOYAmt075882
IRS990/TotalLiabilitiesEOYAmt052203
IRS990/TotalLiabilitiesGrp/BOYAmt075882
IRS990/TotalLiabilitiesGrp/EOYAmt052203
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt017339897
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt016837570
IRS990/TotalProgramServiceExpensesAmt0948758
IRS990/TotalProgramServiceRevenueAmt0138758
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0796633
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0850756
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt054123
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt017415779
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt016889773
IRS990/TotReportableCompRltdOrgAmt013940187
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01100 SW SIXTH AVE MS P15D
IRS990/USAddress/CityNm0PORTLAND
IRS990/USAddress/StateAbbreviationCd0OR
IRS990/USAddress/ZIPCd097207
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0SUSAN BRUECHNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum09713217452
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STANDARD INSURANCE COMPANY CONTINUING HEALTH & WELFARE BENEFITS TRUST
ReturnHeader/Filer/BusinessNameControlTxt0STAN
ReturnHeader/Filer/EIN0931097066
ReturnHeader/Filer/PhoneNum09713217452
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 711 MS P15D
ReturnHeader/Filer/USAddress/CityNm0PORTLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097207
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0931253576
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STANCORP FINANCIAL GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01100 SW 6TH AVENUE P15D
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PORTLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd097204
ReturnHeader/PreparerPersonGrp/PhoneNum09713217452
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SELF PREPARED
ReturnHeader/ReturnTs02025-11-03T07:21:58-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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