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Filing year 2024

IOWA BANKERS BENEFIT PLAN

Johnston, Iowa·EIN 42-1122086·9
Total revenue
$165.1M
Total assets
$125.7M
Total expenses
$139.1M
Reported officers
9
Mission

THE IBBP TRUST WAS ESTABLISHED TO PROVIDE GROUP HEALTH INSURANCE, GROUP LIFE INSURANCE, AND LONG-TERM AND SHORT-TERM DISABILITY INSURANCE COVERAGE TO SUBSTANTIALLY ALL EMPLOYEES OF PARTICIPATING EMPLOYERS.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Chief Admin Officer (ibis)
key employee
$69k
$74k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Down 28%
from 2023

From $96k in 2023 to $69k in 2024.

$96k
2023
$69k
2024
In today's dollarsEst.
Down 30% in real terms$106k to $74k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

IOWA BANKERS BENEFIT PLAN reported revenue and expenses across 2 filing years.

RevenueExpenses
$166.6M
$148.2M
2023
$165.1M
$139.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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