Wright County Hra Trust: FY2020 Nonprofit Profile & Form 990 (EIN 47-6744911)

Revenue by fiscal year
FY2020	$870K
FY2021	$973K
FY2022	$1.2M
FY2023	$1.3M
FY2024	$1.5M

Expenses by fiscal year
FY2020	$592K
FY2021	$763K
FY2022	$951K
FY2023	$871K
FY2024	$1.1M

Net assets by fiscal year
FY2020	$1.2M
FY2021	$1.4M
FY2022	$1.7M
FY2023	$2.1M
FY2024	$2.5M

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation

Mg Trust Company LLC

Trustee

$0Pt VII · Sec A

Lindsey Meyer

Director of

$0Pt VII · Sec A

See Wright County Hra Trust executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Reimburses medical expenses through a health reimbursement arrangement.

Questions for Wright County Hra Trust

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1 program · $592K · in their own filed words · FY2020

01

The health reimbursement arrangement funded by the organization made medical expense reimbursements in the amount of 587,878. Expenses related to the investment of trust funds totaled 4,123.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-6744911) · Dispute this line

$592Kprogram expense

By the numbers

The FY2020 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$870K

Ln 12

Fees for servicesLn 2g$865K

Investment incomeLn 3$4K

Money outPt IX

$592K

Ln 25

Owns and owesPt X

$1.2M

net assets · Ln 32

Cash and savingsLn 1–2$1.1M

Total assetsLn 16$1.2M

LiabilitiesLn 26$0

PeoplePt VI, VII

2

listed · VII A

PaidVII A0

Voting boardVI 1a1

IndependentVI 1b1

2In more detail

Revenue in detailPt VIII

Fees for servicesLn 2g$865K

Investment incomeLn 3$4K

Total revenueLn 12$870K

Assets in detailPt X, end of year

SavingsLn 2$1.1M

Cash and savings togetherLn 1–2$1.1M

InvestmentsLn 11–13$77K

Total assetsLn 16$1.2M

LiabilitiesLn 26$0

Net assetsLn 32$1.2M

OperationsPt I, VI

EmployeesI 50

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY20	End FY20
Cash and savingsLn 1–2	$855K	$1.1M
InvestmentsLn 11–13	$45K	$77K
Total assetsLn 16	$900K	$1.2M
LiabilitiesLn 26	$0	$0
Net assetsLn 32	$900K	$1.2M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Benefits paid to or for membersLn 4	$588K
Investment management feesLn 11f	$4K
Total functional expensesLn 25	$592K	$0	$0	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 LatestFiled with the IRS May 13, 2025	$1.5M	$1.1M	$374K	$2.5M	990 PDF
FY2023Filed with the IRS May 14, 2024	$1.3M	$871K	$413K	$2.1M	990 PDF
FY2022Filed with the IRS Nov 15, 2023	$1.2M	$951K	$289K	$1.7M	990 PDF
FY2021Filed with the IRS May 10, 2022	$973K	$763K	$210K	$1.4M	990 PDF
FY2020 ViewingFiled with the IRS Jun 14, 2021	$870K	$592K	$278K	$1.2M	990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations

See the full FY2020 990

Part I · Summary $869,755 revenue, 12 lines filed

I-8 Contributions and grants$0

I-9 Program service revenuePrior year $829,750$865,313

I-10 Investment incomePrior year $4,179$4,442

I-11 Other revenue$0

I-12 Total revenuePrior year $833,929$869,755

I-13 Grants and similar amounts paid$0

I-14 Benefits paid to membersPrior year $501,472$587,878

I-15 Salaries and benefits$0

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $2,433$4,123

I-18 Total expensesPrior year $503,905$592,001

I-19 Revenue less expensesPrior year $330,024$277,754

Part VI · Governance 1 of 1 board members independent, 3 to look at

VI-1a Voting members of the governing body1

VI-1b Independent voting members1

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

VI-14 Document retention and destruction policyYes

Part VIII · Statement of revenue $869,755 across 3 lines filed

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $865,313$865,313

VIII-3 Investment incomeExcluded from tax $4,442$4,442

VIII-12 Total revenueRelated to mission $865,313 · Excluded from tax $4,442$869,755

Part IX · Statement of functional expenses $592,001 across 2 lines filed

IX-4 Benefits paid to or for members$587,878

IX-11f Investment management fees$4,123

IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$592,001

Part X · Balance sheet $1,188,625 assets, 7 lines filed

X-2 Savings and temporary cash investmentsStart of year $854,949$1,111,541

X-11 Publicly traded securitiesStart of year $44,926$77,084

X-16 Total assetsStart of year $899,875$1,188,625

X-26 Total liabilitiesStart of year $0$0

X-29 Capital stock or trust principalStart of year $899,875$1,188,625

X-32 Total net assets or fund balancesStart of year $899,875$1,188,625

X-33 Total liabilities and net assetsStart of year $899,875$1,188,625

Part XI · Reconciliation of net assets $1,188,625 net assets at year end

XI-1 Total revenue$869,755

XI-2 Total expenses$592,001

XI-3 Revenue less expenses$277,754

XI-4 Net assets at start of year$899,875

XI-5 Net unrealized gains (losses) on investments$10,996

XI-10 Net assets at end of year$1,188,625

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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Wright County Hra Trust FY2020 filing

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