PUBLIC EDUCATION HEALTH TRUST: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: PUBLIC EDUCATION HEALTH TRUST (EIN 92-6027877)
Tax period: 2023-07-01 to 2024-06-30
Filed: 2025-03-03
IRS object ID: 202530629349301958
Schema version: 2023v6.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-03-03T16:33:07-05:00	ReturnTs
Tax Period End	2024-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	WITHUMSMITHBROWNPC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	6101 BOLLINGER CANYON RDSTE 400	AddressLine1Txt
City	SAN RAMON	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94583	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2023-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	926027877	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PUBLIC EDUCATION HEALTH TRUST	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
In Care Of	% RHONDA PROWELL-KITTER	InCareOfNm
Business Name Control	PUBL	BusinessNameControlTxt
Phone	9072747526	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2550 DENALI Suite 1614	AddressLine1Txt
City	ANCHORAGE	CityNm
State Abbreviation	AK	StateAbbreviationCd
ZIP	99503	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	RHONDA PROWELL-KITTER	PersonNm
Person Title	CFO	PersonTitleTxt
Phone	9072747526	PhoneNum
Signature	2025-02-21	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	TROY ATKINSON	PreparerPersonNm
PTIN	P00739466	PTIN
Phone	9252779100	PhoneNum

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	RHONDA PROWELL-KITTER	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2550 DENALI 1614	AddressLine1Txt
City	ANCHORAGE	CityNm
State Abbreviation	AK	StateAbbreviationCd
ZIP	99503	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$110,517,857	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	HTTPS://PEHTAK.COM/	WebsiteAddressTxt
Type Of Organization Trust	Yes (X)	TypeOfOrganizationTrustInd
Formation	1996	FormationYr
Legal Domicile State	AK	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE COMPREHENSIVE MEDICAL, DENTAL, VISION, AND PRESCRIPTION DRUG BENEFITS IN THIS MULTIEMPLOYER PLAN.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	0	VotingMembersIndependentCnt
Total Employee	3	TotalEmployeeCnt
Total Volunteers	7	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$129,732,301	PYProgramServiceRevenueAmt
CY Program Service Revenue	$91,668,900	CYProgramServiceRevenueAmt
PY Investment Income	$2,268,723	PYInvestmentIncomeAmt
CY Investment Income	$1,245,155	CYInvestmentIncomeAmt
PY Other Revenue	$7,635,803	PYOtherRevenueAmt
CY Other Revenue	$6,824,394	CYOtherRevenueAmt
PY Total Revenue	$139,636,827	PYTotalRevenueAmt
CY Total Revenue	$99,738,449	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$137,904,803	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$99,013,014	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$579,645	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$621,289	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$5,396,567	PYOtherExpensesAmt
CY Other Expenses	$3,763,638	CYOtherExpensesAmt
PY Total Expenses	$143,881,015	PYTotalExpensesAmt
CY Total Expenses	$103,397,941	CYTotalExpensesAmt
PY Revenues Less Expenses	-$4,244,188	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$3,659,492	CYRevenuesLessExpensesAmt
Total Assets BOY	$48,327,965	TotalAssetsBOYAmt
Total Assets EOY	$39,605,211	TotalAssetsEOYAmt
Total Liabilities BOY	$17,921,577	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$10,383,586	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$30,406,388	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$29,221,625	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROVIDE COMPREHENSIVE MEDICAL, DENTAL, VISION, AND PRESCRIPTION DRUG BENEFITS IN THIS MULTIEMPLOYER PLAN.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Desc	TO PROVIDE COMPREHENSIVE MEDICAL, DENTAL, VISION, AND PRESCRIPTION BENEFITS TO APPROXIMAELY 8,700 PLAN PARTICIPANTS IN THIS MULTIEMPLOYER PLAN.	Desc
Described In Section501c3	false	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	Yes (true)	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	Yes (true)	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	1	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	3	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	0	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	false	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	false	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	RHONDA PROWELL-KITTER	PersonNm
Phone	9072747526	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2550 DENALI 1614	AddressLine1Txt
City	ANCHORAGE	CityNm
State Abbreviation	AK	StateAbbreviationCd
ZIP	99503	ZIPCd

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	Yes (X)	InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd
RHONDA PROWELL-KITTER
CFO/PLAN ADMINISTRATOR	60.0	0.0	Yes (X)	$252,500	$0	$96,165
TOM KLAAMEYER
TRUSTEE	1.0	0.0		$0	$0	$0	Yes (X)
JESSICA COOK
TRUSTEE	1.0	0.0		$0	$0	$0	Yes (X)
KATHLEEN BELL
TRUSTEE	1.0	0.0		$0	$0	$0	Yes (X)
LAURA MULGREW
TRUSTEE	1.0	0.0		$0	$0	$0	Yes (X)
TIM WALTERS
TRUSTEE	1.0	0.0		$0	$0	$0	Yes (X)
JOSH ANDREWS
TRUSTEE - TERM. 12/2023	1.0	0.0		$0	$0	$0	Yes (X)
Shelby Beck
TRUSTEE - EFF. 01/2024	1.0	0.0		$0	$0	$0	Yes (X)
Dan Polta
TRUSTEE - EFF. 01/2024	1.0	0.0		$0	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$252,500	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$96,165	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
EBMS
PO BOX 21367	BILLINGS	MT	59104	TPA FEES/UTIL REVIEW	$2,026,107
AON HEWITT
500 WEST MAIN STREET	LOUISVILLE	KY	40202	CONSULTING/ACTUARY	$265,308
UBS
3000 A Street	ANCHORAGE	AK	99503	Investment Advisor	$117,450

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	3	CntrctRcvdGreaterThan100KCnt
Total Contributions	$0	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	EMPLOYER CONTRIBUTIONS	Desc
Total Revenue Column	$91,668,900	TotalRevenueColumnAmt
Related Or Exempt Func Income	$91,668,900	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$91,668,900	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,939,620	TotalRevenueColumnAmt
Exclusion	$1,939,620	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$10,084,943	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$10,779,408	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	-$694,465	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$694,465	TotalRevenueColumnAmt
Exclusion	-$694,465	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$0	FundraisingGrossIncomeAmt
Fundraising Direct Expenses	$0	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Gaming Gross Income	$0	GamingGrossIncomeAmt
Gaming Direct Expenses	$0	GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$0	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$0	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	PRESCRIPTION REBATES	Desc
Business	900099	BusinessCd
Total Revenue Column	$6,824,394	TotalRevenueColumnAmt
Related Or Exempt Func Income	$6,824,394	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$6,824,394	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$99,738,449	TotalRevenueColumnAmt
Related Or Exempt Func Income	$98,493,294	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$1,245,155	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$99,013,014	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$364,868	TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$135,153	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$30,161	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$65,007	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$26,100	TotalAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$58,157	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$29,432	TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$117,450	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$2,726,850	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$142,468	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$36,473	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$57,302	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$5,043	TotalAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$9,021	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$5,066	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$29,623	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
ACA AND STATE FEES	$469,385
MEMBER COMMUNICATIONS	$52,680
TRAINING EXPENSES	$23,501
MISC. EXPENSES	$1,187

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$103,397,941	TotalAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part X	Yes (X)	InfoInScheduleOPartXInd

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$92,599	BOYAmt
EOY	$88,209	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$4,694,300	BOYAmt
EOY	$4,881,261	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$295,682	BOYAmt
EOY	$259,581	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$65,111	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$45,506	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$21,923	BOYAmt
EOY	$19,605	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$37,859,416	BOYAmt
EOY	$31,716,574	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$5,364,045	BOYAmt
EOY	$2,639,981	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$48,327,965	BOYAmt
EOY	$39,605,211	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$375,112	BOYAmt
EOY	$163,370	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$17,546,465	BOYAmt
EOY	$10,220,216	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$17,921,577	BOYAmt
EOY	$10,383,586	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$30,406,388	BOYAmt
EOY	$29,221,625	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$30,406,388	BOYAmt
EOY	$29,221,625	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$48,327,965	BOYAmt
EOY	$39,605,211	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$3,659,492	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$2,474,729	NetUnrlzdGainsLossesInvstAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amounts		ArtPublicExhibitionAmountsGrp
Held Works Art		HeldWorksArtGrp
CY Minus3 Yr Endwmt Fund		CYMinus3YrEndwmtFundGrp
CY Minus4 Yr Endwmt Fund		CYMinus4YrEndwmtFundGrp
Land		LandGrp
Buildings		BuildingsGrp
Leasehold Improvements		LeaseholdImprovementsGrp

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$65,111	OtherCostOrOtherBasisAmt
Depreciation	$45,506	DepreciationAmt
Book Value	$19,605	BookValueAmt

Field	Value	IRS element (for citing)
Other Land Buildings		OtherLandBuildingsGrp
Total Book Value Land Buildings	$19,605	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDesc	Book ValueBookValueAmt
PRESCRIPTION REBATES	$1,874,915
STOP LOSS/OTHER RECEIVABLE	$583,385
RIGHT-OF-USE ASSET	$181,681

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$2,639,981	TotalBookValueOtherAssetsAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
CLAIMS INCURRED BUT NOT REPORT	$9,656,000
UNEARNED REVENUE	$377,998
LEASE LIABILITY	$186,218

Field	Value	IRS element (for citing)
Total Liability	$10,220,216	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$102,095,728	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$2,474,729	NetUnrealizedGainsInvstAmt
Revenue Not Reported	$2,474,729	RevenueNotReportedAmt
Revenue Subtotal	$99,620,999	RevenueSubtotalAmt
Investment Expenses Not Incld	$117,450	InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt	$117,450	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$99,738,449	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$110,541,491	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$110,541,491	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$117,450	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	-$7,261,000	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	-$7,143,550	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$103,397,941	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART X, LINE 2:

Accounting principles generally accepted in the United States of America require Plan management to evaluate tax positions taken by the Plan and recognize a tax liability (or asset) if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

CHANGE IN NET BENEFIT OBLIGATIONS - $7,261,000.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	RHONDA PROWELL-KITTER	PersonNm
Title	CFO/PLAN ADMINISTRATOR	TitleTxt
Base Compensation Filing Org	$252,500	BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs	$0	CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization	$0	BonusFilingOrganizationAmount
Bonus Related Organizations	$0	BonusRelatedOrganizationsAmt
Other Compensation Filing Org	$0	OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs	$0	OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org	$59,345	DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs	$0	DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org	$36,820	NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs	$0	NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org	$348,665	TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs	$0	TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org	$0	CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs	$0	CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8B:	THE PLAN DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11B:	THE TRUSTEES DESIGNATE THE CFO/PLAN ADMINISTRATOR TO REVIEW THE FORM 990 PRIOR TO FILING IT WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C:	Each new TRUSTEE, TRUSTEE COMMITTEE MEMEBER AND TRUST EMPLOYEE (TRUST PARTY) shall be required to review a copy of the cONFLICT OF INTEREST policy and to acknowledge in writing that he or she has done so. Each Trust Party shall annually complete a disclosure form identifying any relationships, positions or circumstances in which the Trust Party is involved that he or she believes could contribute to a Conflict of Interest. Such relationships, positions or circumstances might include ownership of or service as a director of or consultant to a business that might provide goods or services to the Trust. Any such information regarding business interests of a Trust Party or a Family Member shall be treated as confidential and shall generally be made available only to the Trustees, except to the extent additional disclosure is necessary in connection with the implementation of this Policy. This policy shall be reviewed annually by each Trustee. Any changes to the policy shall be communicated immediately to all Trust Parties.
FORM 990, PART VI, SECTION B, LINE 15A:	IN 2022, THE TRUSTEES HIRED A CONSULTING FIRM TO PERFORM A SALARY/BENEFITS REVIEW OF THE CFO/PLAN ADMINISTRATOR POSITION. THE CONSULTING FIRM REVIEWED JOB DESCRIPTION, ROLES AND RESPONSIBILITIES, AND INTERVIEWED TRUSTEES AND THE CFO/PLAN ADMINISTRATOR TO PROVIDE A TOTAL CASH COMPENSATION ANALYSIS FOR THE ROLE. TRUSTEES DRAFTED A THREE-YEAR CONTRACT EFFECTIVE JULY 1, 2022 TO JUNE 30, 2025.
FORM 990, PART VI, SECTION C, LINE 19:	THE ORGANIZATION MAKES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
FORM 990 PART VII SECTION A COLUMN E AND F	CERTAIN TRUSTEES OF THE TRUST, FOR WHICH THERE IS NO APPLICABLE REPORTING EXEMPTION, ARE EMPLOYEES OF CONTRIBUTING EMPLOYER THAT ARE CONSIDERED RELATED ORGANIZATIONS UNDER THE DEFINITIONS IN SCHEDULE R. THE TRUST IS UNABLE TO REPORT COMPENSATION AND BENEFITS PAID TO THE TRUSTEES BY RELATED ORGANIZATIONS AS IT WAS UNABLE TO OBTAIN THE INFORMATION AFTER MAKING REASONABLE EFFORTS.
FORM 990. PART XII, LINE 2C	THE BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR OVERSEEING THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND FOR SELECTING THE INDEPENDENT AUDITOR. THAT PROCESS HAS NOT CHANGED.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (22 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Public Charity StatusPublicCharityStatusTxt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Controlled OrganizationControlledOrganizationInd	Direct Controlling NADirectControllingNACd
Anchorage School District
4100 SPENARD ROAD	Anchorage	AK	99517	AK	GOVERNMENT	N/A	NA	false
Bristol Bay School District
PO Box 169	Naknek	AK	99633	AK	GOVERNMENT	N/A	NA	false
CHATHAM SCHOOL DISTRICT
PO Box 109	Angoon	AK	99820	AK	GOVERNMENT	N/A	NA	false
COPPER RIVER SCHOOL DISTRICT
PO Box 108	Glennallen	AK	99588	AK	GOVERNMENT	N/A	NA	false
CORDOVA SCHOOL DISTRICT
PO Box 1330	Cordova	AK	99574	AK	GOVERNMENT	N/A	NA	false
CRAIG CITY SCHOOL DISTRICT
PO Box 800	Craig	AK	99921	AK	GOVERNMENT	N/A	NA	false
Delta Greely School District
PO Box 433	Delta Junction	AK	99737	AK	GOVERNMENT	N/A	NA	false
DENALI BOROUGH SCHOOL DISTRICT
PO Box 280	Healy	AK	99743	AK	GOVERNMENT	N/A	NA	false
HAINES SCHOOL DISTRICT
PO Box 1289	Haines	AK	99827	AK	GOVERNMENT	N/A	NA	false
Hydaburg School District
PO Box 109	Hydaburg	AK	99922	AK	GOVERNMENT	N/A	NA	false
Juneau School District
2660 Fritz Cove Rd	Juneau	AK	99801	AK	GOVERNMENT	N/A	NA	false
KAKE SCHOOL DISTRICT
PO Box 450	Kake	AK	99830	AK	GOVERNMENT	N/A	NA	false
KASHUNAMIUT SCHOOL DISTRICT
PO Box 345	Chevak	AK	99563	AK	GOVERNMENT	N/A	NA	false
Klawock City School District
PO Box 9	Klawock	AK	99925	AK	GOVERNMENT	N/A	NA	false
MAT-SU BOROUGH SCHOOL DISTRICT
501 N Gulkana	Palmer	AK	99645	AK	GOVERNMENT	N/A	NA	false
NEA-ALASKA
201 Main St Ste 300	Juneau	AK	99801	AK	GOVERNMENT	N/A	NA	false
Nenana School District
PO Box 10	Nenana	AK	99760	AK	GOVERNMENT	N/A	NA	false
PETERSBURG SCHOOL DISTRICT
PO Box 289	Petersburg	AK	99833	AK	GOVERNMENT	N/A	NA	false
PRIBILOF SCHOOL DISTRICT
PO Box 207	St Paul	AK	99660	AK	GOVERNMENT	N/A	NA	false
WRANGELL SCHOOL DISTRICT
PO Box 2319	Wrangell	AK	99929	AK	GOVERNMENT	N/A	NA	false
Tanana City School District
PO BOX 89	TANANA	AK	99777	AK	GOVERNMENT	N/A	NA	false
HOONAH SCHOOL DISTRICT
PO BOX 157	HOONAH	AK	99829	AK	government	n/a		false	N/A

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	false	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	false	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	false	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	false	LoansOrGuaranteesFromOthOrgInd
Asset Sale To Other Org	false	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	false	AssetPurchaseFromOtherOrgInd
Asset Exchange	false	AssetExchangeInd
Rental Of Facilities To Oth Org	false	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	false	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	false	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	false	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	false	SharingOfFacilitiesInd
Paid Employees Sharing	false	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	false	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	false	TransferToOtherOrgInd
Transfer From Other Org	false	TransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PARTS II, III, AND IV - RELATED TAX ORGANIZATIONS IN A MULTIEMPLOYER PLAN	FormAndLineReferenceDesc
Explanation	A CONTRIBUTING EMPLOYER IS CONSIDERED A RELATED ORGANIZATION BECAUSE IT IS OBLIGATED TO CONTRIBUTE TO THE PLAN PURSUANT TO THE TERMS IN THE COLLECTIVE BARGAINING OR PARTICIPATION AGREEMENT.	ExplanationTxt