NATIONAL CONFERENCE OF INSURANCE: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- NATIONAL CONFERENCE OF INSURANCE (EIN 36-3678111)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-10-26
- IRS object ID
- 201722999349300442
- Schema version
- 2016v3.0
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-10-26T11:38:41-05:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 351178661 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Blue & Co LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 N Meridian St Suite 200 | AddressLine1Txt |
| City | Indianapolis | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363678111 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | National Conference Of Insurance | BusinessNameLine1Txt |
| Business Name Line2 | Guaranty Funds Inc | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NATI | BusinessNameControlTxt |
| Phone | 3174648192 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 N Meridian Street No 1020 | AddressLine1Txt |
| City | Indianapolis | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | AMY J CLARK | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 3174648192 | PhoneNum |
| Signature | 2017-10-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Angela N Crawford CPA | PreparerPersonNm |
| PTIN | P00573197 | PTIN |
| Phone | 3176334705 | PhoneNum |
| Preparation | 2017-10-17 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | AMY J CLARK | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 N Meridian Street No 1020 | AddressLine1Txt |
| City | Indianapolis | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,938,253 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.ncigf.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1989 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | National Conference of Insurance Guaranty Funds (NCIGF) assists property and casualty guaranty funds | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 20 | VotingMembersIndependentCnt |
| Total Employee | 15 | TotalEmployeeCnt |
| Total Volunteers | 0 | 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 | $3,850,126 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $3,916,639 | CYProgramServiceRevenueAmt |
| PY Investment Income | $15,516 | PYInvestmentIncomeAmt |
| CY Investment Income | $21,614 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $3,865,642 | PYTotalRevenueAmt |
| CY Total Revenue | $3,938,253 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,300,507 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,873,526 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,521,096 | PYOtherExpensesAmt |
| CY Other Expenses | $1,708,883 | CYOtherExpensesAmt |
| PY Total Expenses | $3,821,603 | PYTotalExpensesAmt |
| CY Total Expenses | $3,582,409 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $44,039 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $355,844 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,616,037 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,219,922 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,459,007 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,721,730 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,157,030 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,498,192 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | To bring the greatest possible value to the member state property and casualty guaranty funds and the state-based guaranty fund system in operational support, communication and public policy development. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | NATIONAL CONFERENCE OF INSURANCE GUARANTY FUNDS (NCIGF) IS A BUSINESS LEAGUE WHICH ADVANCES THE COLLECTIVE MISSIONS OF ITS MEMBERS and PROVIDES NATIONAL ASSISTANCE IN VARIOUS AREAS FOR PROPERTY AND CASUALTY GUARANTY FUNDS. NCIGF ASSISTS IN THE COORDINATION BETWEEN THE LIQUIDATORS AND PROPERTY AND CASUALTY GUARANTY FUNDS IN MULTI-STATE INSOLVENCIES, MONITORS LITIGATION AND LEGISLATION AFFECTING GUARANTY FUNDS, CONDUCTS VARIOUS EDUCATIONAL AND TRAINING PROGRAMS, PROVIDES INFORMATION CONCERNING THE PROPERTY AND CASUALTY GUARANTY FUND SYSTEM; AND PROVIDES A FORUM FOR DISCUSSION OF GUARANTY FUND RELATED ISSUES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NCIGF provides operational support, communications and public policy development to its members, the state property and casualty guaranty funds. The NCIGF also assist property and casualty guaranty funds by providing them with current legislative information and educational training opportunities.See Schedule O for 2016 SERVICE ACCOMPLISHMENTS HIGHLIGHTS.Highlights of our 2016 Accomplishments include:1) Guaranty Support Inc. (GSI) Completes Its First Year. In 2016, Guaranty Support Inc. (GSI), a for-profit subsidiary wholly owned by the NCIGF, began its first full year of operation. Formed in 2015, GSI provides a range of core data management and support services, including accounting and administration support, to NCIGF member guaranty funds and others. GSI exists to support and maximize the current state-based system of insolvency management, and strives to make the best tools available to make that system the most efficient and cost-effective mechanism for policyholder protection. GSI's strategic goals include developing systems for delivery of claims data to guaranty funds, as well as providing a vehicle for the insolvency system to insure timely and effective claims transition to and from guaranty funds and receivers in the event of liquidation. Another goal is creation of a delivery system that appropriately manages risks to GSI, NCIGF, regulators and policyholders. GSI provides services on request for NCIGF members, receivers, and other entities, to the extent that their activity is consistent with GSI's mission, as approved by the GSI board. 2) Uniform Data Standards ("UDS") Data Mapper. As 2016 drew to a close, the UDS Data Mapper has processed 52.4 million UDS records since it first went online in 2011. This proprietary utility, which was developed by the NCIGF and is now administered by our GSI subsidiary, gives receivers of an insolvent property and casualty insurer a way to easily, quickly and inexpensively convert digital data into the UDS format. Uniform Data Standards is an electronic communication protocol that uses a series of defined computer file formats to electronically report insolvency-related claims and financial records between receivers and guaranty funds.The UDS Data Mapper is a Web-based software that assists receivers in extracting, mapping and converting claims data into UDS for use with any liquidation. The UDS Data Mapper minimizes delays and costs associated with data conversions, and helps receivers identify early possible data issues. Over the years, the application has become a welcome and popular solution, especially for receiverships that have limited IT resources and on-staff UDS expertise, or that lack resources to retain outside UDS consultants. 3) Reverse Data Mapper. By the end of 2016, the Reverse Data Mapper (RDM) program had successfully collected data for 2011-2013 for virtually all states; collection of 2014 and 2015 data was underway. Developed by the NCIGF in 2014, the Reverse Data Mapper, collects and extracts, organizes and aggregates UDS data, enabling the NCIGF to efficiently solicit data requests and obtain needed data to support a variety of reporting needs, including insolvency-related financial information, including Expense Review reporting, and potential federal data requests through a single annual request. The utility also gives member guaranty funds and the NCIGF comprehensive and current aggregated insolvency information that until recently only resided with the receivers.4) 2016 Guaranty Fund Stakeholder Meeting. In July 2016 the NCIGF convened a meeting of insurance industry and trade representatives to refine and coordinate public policy strategy and messaging on critical guaranty fund and resolution issues. The goal was to leverage the unity of interest in state-based regulation between the trades, industry and the guaranty system to produce effective, targeted influence in future policy debates by the NCIGF. The meeting included a session with key staff from the Federal Reserve for an informal exchange on resolution policy direction. Key takeaways of the meeting included:- Industry representatives expressed an expectation that the guaranty fund system, represented by its support organization, the NCIGF, would continue to provide targeted leadership and education on resolution matters in the United States and abroad.- The conversation confirmed industry support of targeted NCIGF engagement on public policy matters. In addition, the NCIGF was strongly encouraged to collaborate more with industry. There should be no change in long-standing protocols guiding NCIGF involvement: the guaranty system's public policy efforts should continue to engage on matters that impact the guaranty system's core function, or where the guaranty system has unique or special expertise to contribute.- Industry representatives expressed the thought the NCIGF and NOLHGA are uniquely qualified to speak on resolution matters domestically and abroad, and in public policy discussions in which the U.S. resolution system could be impacted. Participants also agreed on three fundamental goals for NCIGF's public policy efforts:- Strengthen existing relationships with key players;- Defend against importing bad ideas into the U.S.; and - Export some of our resolution-related principles to the international community.5) NAIC 2016 Workers' Compensation Large Deductible Study. An important milestone in 2016 was the development and adoption of the National Association of Insurance Commissioners' (NAIC) 2016 Workers' Compensation Large Deductible Study. The 62-page study provides an excellent illustration of the issues related to large deducible and Professional Employer Organization (PEO) programs that challenge today's resolution system, and ideas for addressing these issues. The study, in which the NCIGF played a prominent developmental role, is a supplement to a similar study on large deductible programs prepared by the NAIC in 2006. The new study enhances and extends the scope of the earlier study by exploring the 10 years of experience with these programs since the 2006 study was published. The study puts in a fresh perspective the receivership community's challenges in addressing the downsides of large deductible and PEO programs, and the significant costs the programs bring to related insolvencies. It gives regulators and receivers suggestions for specific tools that permit enhanced oversight of the programs and guidance for dealing with a range of insurance company insolvency issues, now and in the future. At the same time, the study acknowledges the programs as an important and valued part of the modern insurance marketplace. Adopted at the Workers' Compensation Task Force level at the NAIC 2016 Summer Meeting and by the NAIC overall later in the year, the study fulfills the 2016 charges of the NAIC/IAIABC Joint (C) Working Group Property and Casualty (C) Committee Workers' Compensation Task Force to study issues of mutual concern to insurance regulators and the International Association of Industrial Accident Boards and Commissions (IAIABC). The effort to bring all the parties together to update the 2006 NAIC Workers' Compensation Large Deductible Study went far toward raising the awareness of large deductible issues overall, resulting in a more thoughtful, comprehensive approach to addressing problems related to recent Workers' Compensation company insolvencies. The completion of the study represents an important milestone. It is an outstanding example of the benefits that arise when the guaranty fund, regulatory and receivership communities collectively analyze issues and work collaboratively to address them. 6) NCIGF Town Hall Teleconference. The NCIGF hosted two Town Hall Teleconferences for the property and casualty guaranty fund community in 2016.The first teleconference on March 21 featured presentations and discussion on a range of topics, including the 2016 NCIGF board strategic planning initiative, an overview on the 2017 NCIGF Core Services Member Survey and the organization's Member Committee Advisory Committee (MCAC). The second Town Hall was held September 21. It focused on NCIGF's 2017 Business Planning Priorities and Budget, and other topics. The Town Halls were planned by a workgroup of the NCIGF Communications Committee.7) Educational Conferences. Two educational conferences were hosted in 2016: the NCIGF Annual Conference in Santa Fe, New Mexico and the NCIGF Fall Workshop in Mobile, Alabama. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SEE SCHEDULE O FOR CONTINUED 2016 ACCOMPLISHMENTS 8) New Insolvencies and Coordinating Committee Support. Insolvency support services, including Coordinating Committee and claims data support services, remained the cornerstone of the NCIGF's service offerings throughout 2016. These services help member guaranty funds remain insolvency-ready and prepared to protect policyholders. 2016 brought about two new insolvencies for the property and casualty guaranty funds, Affirmative Insurance Company and Lumbermen's Underwriting Alliance. Affirmative Insurance Company, an Illinois domestic property and casualty insurer, was placed into rehabilitation on September 16, 2015. The company was ordered into liquidation on March 24, 2016. Affirmative's primary line of business was substandard auto. The company also wrote a small number of Workers' Compensation policies. At the time of liquidation, the company was licensed in 35 states. Approximately 14 guaranty associations were triggered as a result of Affirmative's liquidation. On May 23, Lumbermen's Underwriting Alliance, a reciprocal inter-insurance exchange organized under the laws of the State of Missouri, was ordered into liquidation. The company wrote mainly Workers' Compensation along with a small book of liability and property coverage.9) Guaranty Fund Distributions. 2016 estate guaranty fund distributions from 45 estates complete and proposed totaled at least $181.9 million.10) Federal Education Program. The NCIGF's Federal Education Program continued its mission of informing policymakers about the state-based guaranty fund system and the consumer protection it delivers. The NCIGF has administered the program in conjunction with the National Organization of Life & Health Insurance Guaranty Associations (NOLHGA) since 2002. Over that time, the NCIGF has conducted hundreds of briefings of members of different committees and executive branch officials. As a result, the NCIGF has become a valued technical resource on issues related to insurance insolvency and the state insurance guaranty fund system. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (1) | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 19 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 15 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 20 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Amy J Clark | PersonNm |
| Phone | 3174648192 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 N Meridian Street Suite 1020 | AddressLine1Txt |
| City | Indianapolis | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| Sandra J Robinson | ||||||
| Chair | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Charles F Renn | ||||||
| Vice Chair | 1.00 | Yes (X) | $0 | $0 | $0 | |
| D Keith Bell | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Charles P Breitstadt | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Henry W Edmiston | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| J Smith Harrison | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Larry E Hinton | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Brandon E LaSalle | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| William M Lynch | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Michael C Marchman | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| John R Mathews | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Joyce Hall Mellinger | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Christopher P Roe | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Bradley A Roeber | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Arthur M Russell | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Timothy M Schotke | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Cina D Welch | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| John C Wells | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Wayne D Wilson | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Debra G Wozniak | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROGER H SCHMELZER President | ||||||
| President, Chief Executive Officer | 40.00 | Yes (X) | $351,670 | $0 | $37,542 | |
| Amy J Clark Vp | ||||||
| V.P.-Chief Financial Officer, Treasurer | 40.00 | Yes (X) | $167,192 | $0 | $15,064 | |
| BARBARA F COX Svp | ||||||
| S.V.P.-Legal&Regulatory Affairs, Corp. Secretar | 40.00 | Yes (X) | $208,267 | $0 | $33,256 | |
| Robert N Crews Vp | ||||||
| V.P.-Guaranty Fund Services and Communications | 40.00 | Yes (X) | $157,513 | $0 | $31,416 | |
| Andrew D Holladay Vp | ||||||
| V.P.-Chief Information Officer | 40.00 | Yes (X) | $163,344 | $0 | $26,078 | |
| Mark D Steckbeck Asst VP | ||||||
| V.P.-Legal Affairs, Asst. Corp. Secretary | 40.00 | Yes (X) | $181,995 | $0 | $26,802 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,229,981 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $170,158 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Oliver Wyman | |||||
| PO Box 3800-28 | Boston | MA | 02241 | Actuarial consulting services | $484,833 |
| Faegre Baker Daniels | |||||
| 300 N Meridian St | Indianapolis | IN | 46204 | Federal education services | $458,140 |
| Locke Lord LLP | |||||
| 111 South Wacker Dr | Chicago | IL | 60606 | Legal consulting services | $424,051 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Membership Dues & Asse | 900099 | $3,817,106 | $3,817,106 |
| Registration Income-Wo | 900099 | $99,533 | $99,533 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $3,916,639 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $21,614 | TotalRevenueColumnAmt |
| Exclusion | $21,614 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,938,253 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,916,639 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $21,614 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $981,801 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $347,623 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $276,164 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $164,355 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $103,583 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $399,833 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $111,660 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,986 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $529,307 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,853 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,819 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,054 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $156,013 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $177,841 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,378 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,469 | TotalAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| Dues & Sub. | $73,952 |
| Federal Proxy Tax | $1,718 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,582,409 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $250 | BOYAmt |
| EOY | $250 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,173,308 | BOYAmt |
| EOY | $2,286,241 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $160,385 | BOYAmt |
| EOY | $533,035 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,238 | BOYAmt |
| EOY | $27,765 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $348,293 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $309,695 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,944 | BOYAmt |
| EOY | $38,598 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $89,833 | BOYAmt |
| EOY | $115,541 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $106,079 | BOYAmt |
| EOY | $218,492 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,616,037 | BOYAmt |
| EOY | $3,219,922 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $300,474 | BOYAmt |
| EOY | $578,335 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,800 | BOYAmt |
| EOY | $1,086 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,150,733 | BOYAmt |
| EOY | $1,142,309 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,459,007 | BOYAmt |
| EOY | $1,721,730 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,157,030 | BOYAmt |
| EOY | $1,498,192 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,157,030 | BOYAmt |
| EOY | $1,498,192 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,616,037 | BOYAmt |
| EOY | $3,219,922 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $355,844 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$14,682 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | 0 | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | 0 | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | 0 | AgreeCarryoverPriorYearInd |
| Dues Assessments | $3,817,106 | DuesAssessmentsAmt |
| Non Deductible Lbbyng Pltcl CY | $3,986 | NonDeductibleLbbyngPltclCYAmt |
| Non Deductible Lbbyng Pltcl Tot | $3,986 | NonDeductibleLbbyngPltclTotAmt |
| Taxable | $3,986 | TaxableAmt |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $348,293 | OtherCostOrOtherBasisAmt |
| Depreciation | $309,695 | DepreciationAmt |
| Book Value | $38,598 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $38,598 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Security Deposits | $119,871 |
| Investment in GSI | $98,621 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $218,492 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Deferred Compensation | $115,541 |
| Pension Long Term Liability | $1,026,768 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,142,309 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $3,938,253 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,938,253 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $3,938,253 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $3,582,409 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $3,582,409 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $3,582,409 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X, Line 2: | FormAndLineReferenceDesc |
| Explanation | Note to consolidated financial statements NCIGF is a not-for-profit corporation and has been recognized as tax-exempt pursuant to Section 501(c)(6) of the Internal Revenue Code (IRC). As such, NCIGF is generally exempt from income taxes. NCIGF is required to file Federal Form 990 Return of Organization Exempt from Income Tax which is an informational return only. However, Section 6033(e) of the IRC defines lobbying in a manner that includes some of the activities performed by NCIGF. As a result, under the same section, NCIGF is required to either report the total amount of expenses related to such activities to its members as nondeductible for federal income tax purposes or pay a proxy income tax. NCIGF has elected to pay a proxy income tax. The proxy tax expense was approximately $1,700 and $8,000 for 2016 and 2015, respectively. GSI is a taxable entity and is, therefore, subject to federal and state income taxes. Deferred income tax items related to GSI are not significant to the overal consolidated financial statements. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY NCIGF and GSI AND RECOGNIZE A TAX LIABILITY IF NCIGF or GSI have TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY NCIGF and GSI, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2016 AND 2015, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. NCIGF and GSI are sUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROGER H SCHMELZER President | ||||||||||||||
| President, Chief Executive Officer | $260,157 | $0 | $68,524 | $0 | $22,989 | $0 | $13,639 | $0 | $23,903 | $0 | $389,212 | $0 | $0 | $0 |
| Amy J Clark Vp | ||||||||||||||
| V.P.-Chief Financial Officer, Treasu | $136,224 | $0 | $30,000 | $0 | $968 | $0 | $7,524 | $0 | $7,540 | $0 | $182,256 | $0 | $0 | $0 |
| BARBARA F COX Svp | ||||||||||||||
| S.V.P.-Legal&Regulatory Affairs, Cor | $174,838 | $0 | $30,000 | $0 | $3,429 | $0 | $9,060 | $0 | $24,196 | $0 | $241,523 | $0 | $0 | $0 |
| Robert N Crews Vp | ||||||||||||||
| V.P.-Guaranty Fund Services and Comm | $134,972 | $0 | $20,000 | $0 | $2,541 | $0 | $6,371 | $0 | $25,045 | $0 | $188,929 | $0 | $0 | $0 |
| Andrew D Holladay Vp | ||||||||||||||
| V.P.-Chief Information Officer | $133,686 | $0 | $29,000 | $0 | $658 | $0 | $7,351 | $0 | $18,727 | $0 | $189,422 | $0 | $0 | $0 |
| Mark D Steckbeck Asst VP | ||||||||||||||
| V.P.-Legal Affairs, Asst. Corp. Secr | $162,957 | $0 | $15,929 | $0 | $3,109 | $0 | $8,190 | $0 | $18,612 | $0 | $208,797 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 6 | NCIGF is a membership association of post-assessment and pre-assessment property and casualty insurance guaranty funds which are funds established by the laws of the various states and the District of Columbia. The term "guaranty funds" includes "guaranty associations", "insolvency funds", "security funds", or any other legislatively mandated mechanism created to provide protection against the insolvency of licensed property and casualty insurers. |
| Form 990, Part VI, Section A, line 7a | The nominating committee nominates individuals for positions on the board of directors that become vacant prior to the annual meeting. Individuals may also be nominated by one member and seconded by two other members or nominated from the floor by a 2/3 vote at the annual meeting of members. The members elect nominees to the board of directors at the annual meeting of members. |
| Form 990, Part VI, Section A, line 7b | Any change to the corporate bylaws requires approval of a majority of NCIGF member guaranty funds. |
| Form 990, Part VI, Section B, line 11b | The process for review the Form 990 includes a review by the treasurer, audit committee, and board prior to filing with the IRS. |
| Form 990, Part VI, Section B, line 12c | THE WRITTEN CONFLICT OF INTEREST POLICY IS REGULARLY AND CONSISTENTLY MONITORED AND COMPLIANCE ENFORCED BY THE PRESIDENT AND CEO. THE SCOPE OF THE CONFLICT OF INTEREST POLICY INCLUDES OFFICERS, DIRECTORS, TRUSTEES, AND EMPLOYEES. ANNUALLY, the president delivers the policy to EACH INDIVIDUAL. Employees are REQUIRED TO FILL OUT AND SUBMIT A CONFLICT OF INTEREST FORM. Any instances of noncompliance with the policy are to be promptly reported to the board. BOARD MEMBERS WITH POTENTIAL OR ACTUAL CONFLICTS OF INTERESt ARE TO REFRAIN FROM PARTICIPATING IN ANY DELIBERATION OR DECISIONS ON SUCH TRANSACTIONS WHICH IS NOTED IN THE MINUTES OF THE MEETING. |
| Form 990, Part VI, Section B, line 15 | THE PROCESS FOR DETERMINING COMPENSATION FOR THE CHIEF EXECUTIVE AND OTHER OFFICERS INCLUDES A REVIEW AND APPROVAL BY THE INDEPENDENT EXECUTIVE COMMITTEE MEMBERS OF THE BOARD OF DIRECTORS; COMPARABLE DATA FROM AN INDEPENDENT AND EXTERNAL HUMAN RESOURCE CONSULTANT IS CONDUCTED AND REVIEWED BY THE EXECUTIVE COMMITTEE; AND DOCUMENTATION ON THE DELIBERATION AND DECISION OF THE COMPENSATION ARRANGEMENTS ARE RECORDED IN THE MINUTES OF THE ORGANIZATION. NCIGF DOES NOT HAVE ANY EMPLOYEES THAT MEET THE FORM 990 KEY EMPLOYEE DEFINITION, BUT A SIMILAR PROCESS IS CONDUCTED FOR TOP MANAGEMENT POSITIONS OF THE ORGANIZATION. |
| Form 990, Part VI, Section C, line 19 | NCIGF governing documents, conflicts of interest policy and financial statements would be available to the public upon request. |
| Form 990, Part IX, line 11g | Purchased Services 529,307. |
| Form 990, Part XI, line 9: | Changes in Defined Benefit Pension -14,682. |
| Form 990, Part XI, Line 2c, Oversight of Audit | THE AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT; AND, NO PROCESSES HAVE CHANGED FROM PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Guaranty Support Inc | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 N Meridian St Ste 1020 | AddressLine1Txt |
| City | indianapolis | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 352542172 | EIN |
| Primary Activities | technology and consulting services | PrimaryActivitiesTxt |
| Legal Domicile State | IL | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | National Conference of Insurance Guarantee Funds Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | -$458 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $474,260 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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