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Principal Trust For Life Insurance Benefits For Employees

Organization summary

Type of Nonprofit

Designated as a Voluntary employees' beneficiary associations, which provide payment of life, sickness, accident or other benefits to members.

Category: Mutual/Membership Benefit Organizations, Other / Voluntary Employees Beneficiary Associations (Non-Government) (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$10.2M (2024)

Expenses
$11.5M (2024)

Total Assets
$42.8M (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,236,651
Expenses
$11,497,863
Net Income
-$1,261,212
Net Assets
$42,754,583
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,181,002
79.9%
Investment Income $1,408,206
13.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $647,443
6.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $42,754,583
Total Liabilities $0
Net Assets $42,754,583
Compensation
Key Employees and Officers Compensation Related Other
Binay Chandgothia (Investment Committee) $0 $0 $0
Jack Bishop (Investment Committee) $0 $0 $0
Staci Cunningham (Investment Committee) $0 $0 $0
Kara Hoogensen (Investment Committee) $0 $0 $0
Kenneth Mc Cullum (Investment Committee) $0 $0 $0
Joel Pitz (Investment Committee) $0 $0 $0
Dwight Soethout (Investment Committee) $0 $0 $0
Janis Benson (Investment Committee) $0 $0 $0
Lisa Coulson (Administration Committee) $0 $0 $0
Joseph Mc Carty (Administration Committee) $0 $0 $0
Andy Schafer (Administration Committee) $0 $0 $0
Jon Couture (Administration Committee) $0 $0 $0
Brian Ness (Administration Committee) $0 $0 $0
Kevin Farley (Administration Committee) $0 $0 $0
Gina Graham (Administration Committee) $0 $0 $0
Dennis Menken (Investment Committee) $0 $0 $0
Deanna Strable (Investment Committee) $0 $0 $0
Shea Treadway (Administration Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,239,342
Expenses
$10,684,989
Net Income
-$1,445,647
Net Assets
$44,015,795
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,921,308
85.7%
Investment Income $1,263,936
13.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $54,098
0.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $44,015,795
Total Liabilities $0
Net Assets $44,015,795
Compensation
Key Employees and Officers Compensation Related Other
Dennis Menken (Investment Committee) $0 $0 $0
Jack Bishop (Investment Committee) $0 $0 $0
Staci Cunningham (Investment Committee) $0 $0 $0
Kara Hoogensen (Investment Committee) $0 $0 $0
Kenneth Mc Cullum (Investment Committee) $0 $0 $0
Joel Pitz (Investment Committee) $0 $0 $0
Dwight Soethout (Investment Committee) $0 $0 $0
Deanna Strable (Investment Committee) $0 $0 $0
Janis Winterhof (Investment Committee) $0 $0 $0
Lisa Coulson (Administration Committee) $0 $0 $0
Joseph Mc Carty (Administration Committee) $0 $0 $0
Shea Treadway (Administration Committee) $0 $0 $0
Jon Couture (Administration Committee) $0 $0 $0
Brian Ness (Administration Committee) $0 $0 $0
Kevin Farley (Administration Committee) $0 $0 $0
Gina Graham (Administration Committee) $0 $0 $0
Lisa Coulson (Investment Committee) $0 $0 $0
Nathan Schelhaas (Administration Committee) $0 $0 $0
Andrew Dion (Administration Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,701,370
Expenses
$9,638,797
Net Income
-$937,427
Net Assets
$31,042,468
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,173,998
82.4%
Investment Income $639,801
7.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $887,571
10.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $31,045,128
Total Liabilities $2,660
Net Assets $31,042,468
Compensation
Key Employees and Officers Compensation Related Other
Dennis Menken (Investment Committee) $0 $0 $0
Jack Bishop (Investment Committee) $0 $0 $0
Lisa Coulson (Investment Committee) $0 $0 $0
Kara Hoogensen (Investment Committee) $0 $0 $0
Kenneth Mc Cullum (Investment Committee) $0 $0 $0
Joel Pitz (Investment Committee) $0 $0 $0
Dwight Soethout (Investment Committee) $0 $0 $0
Deanna Strable (Investment Committee) $0 $0 $0
Janis Winterhof (Investment Committee) $0 $0 $0
Lisa Coulson (Administration Committee) $0 $0 $0
Joseph Mc Carty (Administration Committee) $0 $0 $0
Nathan Schelhaas (Administration Committee) $0 $0 $0
Jon Couture (Administration Committee) $0 $0 $0
Andrew Dion (Administration Committee) $0 $0 $0
Kevin Farley (Administration Committee) $0 $0 $0
Gina Graham (Administration Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,538,284
Expenses
$8,467,462
Net Income
$1,070,822
Net Assets
$31,979,894
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,311,720
66.2%
Investment Income $856,881
9.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,369,683
24.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $31,982,554
Total Liabilities $2,660
Net Assets $31,979,894
Compensation
Key Employees and Officers Compensation Related Other
Dennis Menken (Investment Committee) $0 $0 $0
Jack Bishop (Investment Committee) $0 $0 $0
Lisa Coulson (Investment Committee) $0 $0 $0
Kara Hoogensen (Investment Committee) $0 $0 $0
Kenneth Mc Cullum (Investment Committee) $0 $0 $0
Joel Pitz (Investment Committee) $0 $0 $0
Dwight Soethout (Investment Committee) $0 $0 $0
Deanna Strable (Investment Committee) $0 $0 $0
Janis Winterhof (Investment Committee) $0 $0 $0
Lisa Coulson (Administration Committee) $0 $0 $0
Joseph Mc Carty (Administration Committee) $0 $0 $0
Nathan Schelhaas (Administration Committee) $0 $0 $0
Jon Couture (Administration Committee) $0 $0 $0
Andrew Dion (Administration Committee) $0 $0 $0
Kevin Farley (Administration Committee) $0 $0 $0
Gina Graham (Administration Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,589,997
Expenses
$6,713,413
Net Income
$876,584
Net Assets
$30,909,071
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,414,042
71.3%
Investment Income $977,912
12.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,198,043
15.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $30,911,731
Total Liabilities $2,660
Net Assets $30,909,071
Compensation
Key Employees and Officers Compensation Related Other
Dennis Menken (Investment Committee) $0 $0 $0
Jack Bishop (Investment Committee) $0 $0 $0
Lisa Coulson (Investment Committee) $0 $0 $0
Kara Hoogensen (Investment Committee) $0 $0 $0
Dwight Soethout (Investment Committee) $0 $0 $0
Kenneth Mc Cullum (Investment Committee) $0 $0 $0
Angela Sanders (Investment Committee) $0 $0 $0
Deanna Strable (Investment Committee) $0 $0 $0
Leanne Valentine (Investment Committee) $0 $0 $0
Lisa Coulson (Administration Committee) $0 $0 $0
Nathan Schelhaas (Administration Committee) $0 $0 $0
Joseph Mc Carty (Administration Committee) $0 $0 $0
Teresa Button (Administration Committee) $0 $0 $0
Jon Couture (Administration Committee) $0 $0 $0
Andrew Dion (Administration Committee) $0 $0 $0
Kevin Farley (Administration Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,857,581
Expenses
$6,694,827
Net Income
-$837,246
Net Assets
$30,032,487
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,423,507
92.6%
Investment Income $777,270
13.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$343,196
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $30,384,521
Total Liabilities $352,034
Net Assets $30,032,487

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,784,674
Expenses
$6,940,245
Net Income
$844,429
Net Assets
$30,869,733
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,193,080
66.7%
Investment Income $935,731
12.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,655,863
21.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $31,210,366
Total Liabilities $340,633
Net Assets $30,869,733

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,206,420
Expenses
$5,623,209
Net Income
$1,583,211
Net Assets
$30,025,304
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,972,276
69.0%
Investment Income $827,815
11.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,406,329
19.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $30,361,698
Total Liabilities $336,394
Net Assets $30,025,304

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,405,013
Expenses
$7,344,734
Net Income
$2,060,279
Net Assets
$28,442,094
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,160,230
54.9%
Investment Income $904,516
9.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,340,267
35.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $28,785,718
Total Liabilities $343,624
Net Assets $28,442,094

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,044,721
Expenses
$6,179,714
Net Income
$865,007
Net Assets
$26,381,814
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,881,488
69.3%
Investment Income $597,359
8.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,565,874
22.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $26,713,692
Total Liabilities $331,878
Net Assets $26,381,814

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,865,876
Expenses
$6,880,229
Net Income
$1,985,647
Net Assets
$25,516,807
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,953,140
67.1%
Investment Income $960,748
10.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,951,988
22.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $25,902,675
Total Liabilities $385,868
Net Assets $25,516,807

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,150,522
Expenses
$6,632,378
Net Income
$1,518,144
Net Assets
$23,531,158
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,821,541
71.4%
Investment Income $715,467
8.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,613,514
19.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $23,900,574
Total Liabilities $369,416
Net Assets $23,531,158

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,604,819
Expenses
$6,777,747
Net Income
-$172,928
Net Assets
$22,017,381
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,969,484
90.4%
Investment Income $636,667
9.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,332
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $22,392,404
Total Liabilities $375,023
Net Assets $22,017,381

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,449,213
Expenses
$6,872,284
Net Income
-$423,071
Net Assets
$22,190,309
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,886,400
91.3%
Investment Income $568,167
8.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$5,354
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $22,561,954
Total Liabilities $371,645
Net Assets $22,190,309

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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