COLLEGE INSURANCE COMPANY: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- COLLEGE INSURANCE COMPANY (EIN 02-0630294)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-08-25
- IRS object ID
- 201622389349300522
- Schema version
- 2015v2.1
- 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 | 2016-08-25T11:34:32-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 521446779 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHNSON LAMBERT LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 525 | AddressLine1Txt |
| City | BURLINGTON | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 020630294 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLLEGE INSURANCE COMPANY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COLL | BusinessNameControlTxt |
| Phone | 8028645599 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 BANK STREET SUITE 610 | AddressLine1Txt |
| City | BURLINGTON | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05402 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHEN L GARWOOD | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 3126480914 | PhoneNum |
| Signature | 2016-08-25 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MATT T GRAVELIN CPA | PreparerPersonNm |
| PTIN | P00962423 | PTIN |
| Phone | 8023834800 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2016-12-15 16:53:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | STEPHEN L GARWOOD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 S WACKER DR STE 1000 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606063800 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $41,951,804 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2002 | FormationYr |
| Legal Domicile State | VT | LegalDomicileStateCd |
| Activity Or Mission | SEE FORM 990, PART III, LINE 1 | ActivityOrMissionDesc |
| Voting Members Governing Body | 24 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 23 | VotingMembersIndependentCnt |
| Total Employee | 0 | 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 | $22,925,204 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $23,664,933 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,283,468 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,312,861 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $24,208,672 | PYTotalRevenueAmt |
| CY Total Revenue | $24,977,794 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $17,252,246 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $17,318,668 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,326,596 | PYOtherExpensesAmt |
| CY Other Expenses | $4,733,117 | CYOtherExpensesAmt |
| PY Total Expenses | $20,578,842 | PYTotalExpensesAmt |
| CY Total Expenses | $22,051,785 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,629,830 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,926,009 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $68,683,970 | TotalAssetsBOYAmt |
| Total Assets EOY | $65,172,382 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $44,804,975 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $41,428,458 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $23,878,995 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $23,743,924 | NetAssetsOrFundBalancesEOYAmt |
| Mission | COLLEGE PROVIDES VARIOUS INSURANCE COVERAGE TO EDUCATIONAL & INSTITUTIONAL INSURANCE ADMINISTRATORS, INC. (EIIA), AND ITS PARTICIPATING HIGHER EDUCATION INSTITUTIONS, ROOTED IN A RELIGIOUS TRADITION. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $20,155,753 | ExpenseAmt |
| Revenue | $23,664,933 | RevenueAmt |
| Desc | PROPERTY & CASUALTY INSURANCE, STUDENT INSURANCE AND EMPLOYEE BENEFITS INSURANCE | Desc |
| Total Program Service Expenses | $20,155,753 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | 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 | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | 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 |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| 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 |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| 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 | 24 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 23 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | 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 | 0 | 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 | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARSH MANAGEMENT SERVICES INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8028645599 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 BANK STREET SUITE 610 | AddressLine1Txt |
| City | BURLINGTON | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05402 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| MRS SIRI S GADBOIS | |||||||
| PRESIDENT/DIRECTOR | 2.00 | 35.50 | Yes (X) | Yes (X) | $0 | $411,828 | $86,011 |
| MR ED PRECOURT | |||||||
| SECRETARY/DIRECTOR | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DR DAVID BECKLEY | |||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MR KENNETH WESTPHAL | |||||||
| DIRECTOR | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MR KENNETH BIRKENHOLTZ- TERMED 1215 | |||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| DR JENNIFER BRAATEN | |||||||
| DIRECTOR | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DR JOHN ROUSH | |||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MR JEFFREY WOLF | |||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| DR HAROLD WILDE | |||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| DR DANIEL DIBIASIO | |||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| DR BILLY HAWKINS- TERMED 1215 | |||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MR DERICK WHITE | |||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| DR MARK WILHEM | |||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| DR RICHARD WILSON- TERMED 1215 | |||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| REV DR JAY RUNDELL | |||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MS MARSHA DENNISTON | |||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MR JAY LEMONS | |||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MR ED KANIA | |||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MR JEFF ARNOLD | |||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| DR MARK BENEDETTO | |||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MS DEBORAH HALL | |||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| DRWALTER KIMBROUGH | |||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MR BOB SCHMOLL | |||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MS KAREN WARD | |||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MR STEPHEN L GARWOOD | |||||||
| TREASURER | 2.00 | 35.50 | Yes (X) | $0 | $283,414 | $68,743 | |
| MS MARY ELLEN MORIARTY | |||||||
| VICE PRESIDENT | 2.00 | 35.50 | Yes (X) | $0 | $253,819 | $47,461 | |
| MR JOHN ROSKOPF | |||||||
| ASSISTANT TREASURER | 2.00 | 35.50 | Yes (X) | $0 | $226,971 | $42,559 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $1,176,032 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $244,774 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | 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 |
|---|---|---|---|---|---|
| EDUCATIONAL & INSTITUTIONAL INSURANCE AD | |||||
| 200 S WACKER DR STE 1000 | CHICAGO | IL | 60606 | ADMINISTRATOR | $1,470,000 |
| MARSH MANAGEMENT SERVICES INC | |||||
| 100 BANK ST STE 610 | BURLINGTON | VT | 05402 | CAPTIVE MANAGEMENT & ACTUARY | $159,340 |
| ASSET ALLOCATION & MANAGEMENT COMPANY L | |||||
| 30 N LASALLE ST STE 3500 | CHICAGO | IL | 606022508 | INVESTMENT MANAGER | $138,188 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PREMIUMS EARNED | Desc |
| Business | 524292 | BusinessCd |
| Total Revenue Column | $23,664,933 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $23,664,933 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $23,664,933 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,267,001 | TotalRevenueColumnAmt |
| Exclusion | $1,267,001 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $17,019,870 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $16,974,010 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $45,860 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $45,860 | TotalRevenueColumnAmt |
| Exclusion | $45,860 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $24,977,794 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $23,664,933 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,312,861 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,318,668 | TotalAmt |
| Program Services | $17,318,668 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,590,300 | TotalAmt |
| Management And General | $1,590,300 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,146 | TotalAmt |
| Management And General | $4,146 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,517 | TotalAmt |
| Management And General | $41,517 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $151,368 | TotalAmt |
| Management And General | $151,368 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,854 | TotalAmt |
| Management And General | $72,854 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,978 | TotalAmt |
| Management And General | $7,978 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,174 | TotalAmt |
| Management And General | $24,174 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| COMMISSION EXPENSE | $2,635,038 | $2,635,038 |
| UNDERWRITING EXPENSE | $122,281 | $122,281 |
| PREMIUM TAX EXPENSE | $64,266 | $64,266 |
| EXAM FEE | $15,000 | $15,000 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,195 | TotalAmt |
| Program Services | $500 | ProgramServicesAmt |
| Management And General | $3,695 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,051,785 | TotalAmt |
| Program Services | $20,155,753 | ProgramServicesAmt |
| Management And General | $1,896,032 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,964,533 | BOYAmt |
| EOY | $5,641,726 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $307,292 | BOYAmt |
| EOY | $384,163 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,720,725 | BOYAmt |
| EOY | $58,455,073 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $691,420 | BOYAmt |
| EOY | $691,420 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,683,970 | BOYAmt |
| EOY | $65,172,382 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,116,882 | BOYAmt |
| EOY | $1,841,590 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,688,093 | BOYAmt |
| EOY | $39,586,868 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,804,975 | BOYAmt |
| EOY | $41,428,458 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,100,000 | BOYAmt |
| EOY | $2,100,000 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $650,154 | BOYAmt |
| EOY | $650,154 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,128,841 | BOYAmt |
| EOY | $20,993,770 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,878,995 | BOYAmt |
| EOY | $23,743,924 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,683,970 | BOYAmt |
| EOY | $65,172,382 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $2,926,009 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$61,080 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$3,000,000 | OtherChangesInNetAssetsAmt |
| 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) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Church | Yes (X) | ChurchInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| LOSS AND LOSS EXPENSE RESERVES | $29,187,707 |
| UNEARNED PREMIUMS | $8,420,159 |
| FUNDS HELD ON BEHALF OF MEMBERS | $1,979,002 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $39,586,868 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $24,826,426 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $24,826,426 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $151,368 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $151,368 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $24,977,794 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $21,900,417 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $21,900,417 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $151,368 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $151,368 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $22,051,785 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | IN ACCORDANCE WITH FIN 48, WE HAVE IDENTIFIED AND ASSESSED MATERIAL TAX POSITIONS. WE HAVE DETERMINED THAT OUR MATERIAL TAX POSITIONS ARE: TAX EXEMPT STATUS, JUDGMENT OF RELATED AND UNRELATED BUSINESS INCOME AND THE EXPENSES ALLOCATED TO UNRELATED BUSINESS INCOME IN THE DETERMINATION OF INCOME TAXES PAYABLE. BASED ON OUR UNDERSTANDING OF THIS STANDARD, WE BELIEVE THAT OUR EXEMPT STATUS UNDER IRS CODE 501 (C) (3) IS A HIGHLY CERTAIN TAX POSITION. WE HAVE OBTAINED A DETERMINATION LETTER FROM THE IRS APPROVING OUR EXEMPT PURPOSE STATUS, AND WE HAVE CONTINUED TO OPERATE WITHIN THAT STATUS SINCE THE DATE OF OUR DETERMINATION LETTER. WE HAVE NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS; THEREFORE, WE HAVE NOT RECOGNIZED ANY AMOUNTS RELATED TO UNCERTAIN TAX POSITIONS IN THE FINANCIAL STATEMENTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MRS SIRI S GADBOIS | ||||||||||||||
| PRESIDENT/DIRECTOR | $0 | $396,828 | $0 | $15,000 | $0 | $0 | $0 | $61,298 | $0 | $24,713 | $0 | $497,839 | $0 | $0 |
| MR STEPHEN L GARWOOD | ||||||||||||||
| TREASURER | $0 | $246,414 | $0 | $37,000 | $0 | $0 | $0 | $42,089 | $0 | $26,654 | $0 | $352,157 | $0 | $0 |
| MS MARY ELLEN MORIARTY | ||||||||||||||
| VICE PRESIDENT | $0 | $225,819 | $0 | $28,000 | $0 | $0 | $0 | $37,491 | $0 | $9,970 | $0 | $301,280 | $0 | $0 |
| MR JOHN ROSKOPF | ||||||||||||||
| ASSISTANT TREASURER | $0 | $206,971 | $0 | $20,000 | $0 | $0 | $0 | $32,589 | $0 | $9,970 | $0 | $269,530 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | MANAGEMENT DUTIES ARE DELEGATED TO MARSH MANAGEMENT SERVICES INC. |
| FORM 990, PART VI, SECTION A, LINE 6 | EIIA IS THE SOLE MEMBER. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS OF THE BOARD ARE NOMINATED AND ELECTED BY EIIA. |
| FORM 990, PART VI, SECTION A, LINE 7B | ALL GOVERNING DOCUMENTS ARE REQUIRED TO BE APPROVED BY ALL MEMBERS. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FEDERAL FORM 990 IS THOROUGHLY REVIEWED BY STEPHEN GARWOOD (TREASURER), MARSH MANAGEMENT SERVICES INC. AND THE AUDIT COMMITTEE, PRIOR TO FILING. ADDITIONALLY, THE AUDIT COMMITTEE CONSISTS OF NINE BOARD MEMBERS WHO THEN REPORT THEIR REVIEW TO ALL OF THE BOARD OF DIRECTORS TO ENSURE THAT THE FORM 990 IS COMPLETE AND ACCURATE. |
| FORM 990, PART VI, SECTION B, LINE 12C | BOARD MEMBERS AND OFFICERS ARE REQUIRED TO ANNUALLY DISCLOSE RELATIONSHIPS THAT MIGHT GIVE RISE TO CONFLICTS OF INTEREST. CONFLICTED DIRECTORS AND OFFICERS ARE REQUIRED TO RECUSE THEMSELVES FROM VOTING ON PERTINENT MATTERS. |
| FORM 990, PART VI, SECTION B, LINE 15 | GRANT THORNTON IS ENGAGED TO PROVIDE SALARY GUIDANCE. THE REPORT IS THEN SHARED WITH THE COMPENSATION AND PERSONNEL POLICIES COMMITTEE TO DETERMINE COMPENSATION FOR THE APPROPRIATE INDIVIDUALS. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CANCELLATION OF SURPLUS NOTES -5,100,000. ISSUANCE OF SURPLUS NOTE 2,100,000. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EDUCATIONAL & INSTITUTIONAL INSURANCE ADMINISTRATORS INC | |||||||||||
| 200 S WACKER DR STE 1000 | CHICAGO | IL | 60606 | 391255714 | RELIGIOUS ORGANIZATION | IL | 501(C)(3) | LINE 1 | N/A | 0 | |
| AMERICAN BAPTIST CHURCHES IN THE USA | |||||||||||
| 588 N GULPH RD | KING OF PRUSSIA | PA | 19406 | 135563018 | RELIGIOUS ORGANIZATION | NY | 501(C)(3) | LINE 1 | N/A | 0 | |
| COLLEGE RISK RETENTION GROUP INC | |||||||||||
| 100 BANK ST STE 610 | BURLINGTON | VT | 05402 | 264676942 | RELIGIOUS ORGANIZATION | VT | 501(C)(3) | LINE 1 | 0 | EIIA INC | |
| THE UNITED METHODIST CHURCH | |||||||||||
| 1 MUSIC CIRCLE NORTH PO BOX 340029 | NASHVILLE | TN | 37203 | 311813333 | RELIGIOUS ORGANIZATION | IL | 501(C)(3) | LINE 1 | N/A | 0 | |
| EVANGELICAL LUTHERAN CHURCH IN AMERICA | |||||||||||
| 8765 W HIGGINS RD | CHICAGO | IL | 60631 | 411568278 | RELIGIOUS ORGANIZATION | MN | 501(C)(3) | LINE 1 | N/A | 0 | |
| PRESBYTERIAN CHURCH (USA) | |||||||||||
| 100 WITHERSPOON ST | LOUISVILLE | KY | 40202 | 236393377 | RELIGIOUS ORGANIZATION | PA | 501(C)(3) | LINE 1 | N/A | 0 | |
| COLLEGE RISK PURCHASING GROUP INC | |||||||||||
| 200 S WACKER DR STE 1000 | CHICAGO | IL | 60606 | 270756530 | RELIGIOUS ORGANIZATION | IL | 501(C)(3) | LINE 1 | 0 | EIIA INC | |
| 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 | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDUCATIONAL AND INSTITUTIONAL INSURANCE ADMINISTRATORS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | P | TransactionTypeTxt |
| Involved | $34,777 | InvolvedAmt |
| Method Of Amount Determination | INVOICE AMOUNTS | MethodOfAmountDeterminationTxt |
Comments