2015-07-29T09:29:39-05:00 2014-12-31 351178661 BLUE & CO LLC ONE AMERICAN SQUARE 2200 INDIANAPOLIS IN 46282 990 2014-01-01 363678111 NATIONAL CONFERENCE OF INSURANCE GUARANTY FUNDS INC NATI 3174648192 300 N MERIDIAN STREET NO 1020 INDIANAPOLIS IN 46204 AMY J BALLAIN CFO 3174648192 2015-07-29 1 AMBER KOCHER CPA P01286298 3176334705 2014 2016-03-07 17:11:31Z AMY J BALLAIN 300 N MERIDIAN STREET NO 1020 INDIANAPOLIS IN 46204 3741589 0 X WWW.NCIGF.ORG X 1989 IL NATIONAL CONFERENCE OF INSURANCE GUARANTY FUNDS (NCIGF) ASSISTS PROPERTY AND CASUALTY GUARANTY FUNDS 20 20 14 0 0 0 0 0 3548343 3728857 12125 12732 0 0 3560468 3741589 0 0 0 0 2102067 2196034 0 0 0 1226957 1390098 3329024 3586132 231444 155457 2310168 2474325 646078 1349687 1664090 1124638 X 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. 0 0 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. 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 2014 SERVICE ACCOMPLISHMENTS HIGHLIGHTS.HIGHLIGHTS OF OUR 2014 ACCOMPLISHMENTS INCLUDE: 1) USE OF THE UDS DATA MAPPER TO MANAGE 41.5 MILLION UDS RECORDS SINCE THE INCEPTION OF THE UTILITY, 2) DEVELOPED A RECORDS RETENTION POLICY FOR THE DATA MAPPER, 3) DRAFTED AND IMPLEMENTED AN END USER LICENSE AGREEMENT (EULA) FOR ALL LIQUIDATOR USERS OF THE DATA MAPPER. 4) LAUNCHED THE REVERSE DATA MAPPER. THE NCIGF USED THE UTILITY TO REQUEST THE COLLECTION OF 10 PRE-DETERMINED FIELDS FROM THE UDS "C" RECORDS AND THE YEAR-TO-DATE FINANCIAL INFORMATION FROM THE UDS "D" RECORDS FOR 2011, 2012 AND 2013. THE REVERSE DATA MAPPER IS A TOOL THAT COLLECTS AND EXTRACTS, ORGANIZES, AND AGGREGATES THE REQUIRED UDS DATA EFFICIENTLY, 5) IN JULY THE NCIGF'S ROGER SCHMELZER MET WITH KEY INSURANCE TRADE AND BUSINESS EDITORS AS PART OF THE NCIGF'S 2014 MEDIA TOUR, 6) THE NCIGF COMPLETED AND DISTRIBUTED A NEW BROCHURE, THE COMMUNICATIONS OBJECTIVE OF WHICH IS TO RE-POSITION THE P&C GUARANTY FUND SYSTEM IN THE POST-DODD-FRANK WORLD. 7) WE DEVELOPED A PRE-LIQUIDATION RECEIVER/REGULATOR COMMUNICATIONS PACKAGE. THE MATERIALS INCLUDE COMMUNICATING WITH REGULATORS AND RECEIVERS THE NEED FOR PRE-LIQUIDATION PLANNING, 8) COMPLETED AN INTERNATIONAL SERVICES RESOURCE PACKAGE. THE RESULT IS A COMPREHENSIVE RESOURCE THAT WILL AID GOVERNMENTS OUTSIDE THE U.S. AS WELL AS AGENCIES SEEKING INFORMATION ON THE U.S. P&C GUARANTY FUNDS SYSTEM FOR ESTABLISHING GUARANTY FUNDS ELSEWHERE INTERNATIONALLY. THE INFORMATIONAL RESOURCE IDENTIFIES INFORMATION ABOUT P&C GUARANTY SUBJECT-MATTER EXPERTS FROM ALL KEY DISCIPLINES, INCLUDING LEGAL, ACCOUNTING, ACTUARIAL AND CLAIMS. THE RESOURCE ALSO PROVIDES A GENERAL OVERVIEW ON P&C GUARANTY FUNDS, AND FEATURES A SECTION THAT CAN BE CUSTOMIZED TO THE NEEDS OF ANY GOVERNMENT OR ORGANIZATION SOLICITING THE MATERIALS, 9) HOSTED A MEMBER WEBINAR ON IT CYBER LIABILITY ISSUES FOR GUARANTY FUNDS, 10) WE DEVELOPED AN ENTERPRISE RISK MANAGEMENT RESOURCE TOOL THAT WILL BE POSTED TO THE NCIGF WEBSITE. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 15 0 1 14 1 0 0 0 0 0 0 X 20 20 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X AMY J BALLAIN 3174648192 300 N MERIDIAN STREET SUITE 1020 INDIANAPOLIS IN 46204 BRANDON E LASALLE CHAIR 1.00 X X 0 0 0 SANDRA J ROBINSON VICE CHAIR 1.00 X X 0 0 0 D KEITH BELL DIRECTOR 1.00 X 0 0 0 CHARLES P BREITSTADT DIRECTOR 1.00 X 0 0 0 JOSEPH L DELLAFERA DIRECTOR 1.00 X 0 0 0 HENRY W EDMISTON DIRECTOR 1.00 X 0 0 0 DAVID C EDWARDS DIRECTOR 1.00 X 0 0 0 JANIS B FUNK DIRECTOR 1.00 X 0 0 0 J SMITH HARRISON DIRECTOR 1.00 X 0 0 0 LARRY E HINTON DIRECTOR 1.00 X 0 0 0 JOANNE M LOCKE DIRECTOR 1.00 X 0 0 0 PHILIP E LOVE JR DIRECTOR 1.00 X 0 0 0 MICHAEL C MARCHMAN DIRECTOR 1.00 X 0 0 0 JOHN R MATHEWS DIRECTOR 1.00 X 0 0 0 JOYCE HALL MELLINGER DIRECTOR 1.00 X 0 0 0 CHARLES F RENN DIRECTOR 1.00 X 0 0 0 CHRISTOPHER P ROE DIRECTOR 1.00 X 0 0 0 CINA D WELCH DIRECTOR 1.00 X 0 0 0 WAYNE D WILSON DIRECTOR 1.00 X 0 0 0 DEBRA G WOZNIAK DIRECTOR 1.00 X 0 0 0 ROGER H SCHMELZER PRESIDENT/ CHIEF EXECUTIVE 40.00 X 304720 0 44198 AMY J BALLAIN TREASURER/ CHIEF FINANCIAL 40.00 X 147261 0 14011 BARBARA F COX V.P., LEGAL & REGULATORY A 40.00 X 189731 0 39294 ROBERT N CREWS V.P., GUARANTY FUND SERVIC 40.00 X 137798 0 34679 ANDREW D HOLLADAY CHIEF INFORMATION OFFICER 40.00 X 147894 0 32214 MARK D STECKBECK ASST. VP, LEGAL AFFAIRS & ASST. CORP 40.00 X 168054 0 23736 1095458 0 188132 6 0 1 0 LOCKE LORD LLP 111 SOUTH WACKER DRIVE CHICAGO IL 60606 LEGAL CONSULTING 478846 FAEGRE BAKER DANIELS 300 N MERIDIAN STREET INDIANAPOLIS IN 46204 FEDERAL EDUCATION SERVICES 336697 2 X DUES & ASSESSMENTS 990009 3622632 3622632 REGISTRATION FEE INCOM 990009 106225 106225 3728857 12532 12532 200 0 200 200 200 3741589 3728857 0 12732 1283590 364220 210020 234923 103281 403055 20750 2587 161415 83362 85688 112918 142451 199967 43303 62458 DUES & SUB. 71239 FEDERAL PROXY TAX 905 3586132 250 250 2092095 2220830 15525 36249 40128 47002 312101 241671 87079 70430 57036 76314 18055 23250 2310168 2474325 163710 184878 37054 482368 1127755 646078 1349687 X 1664090 1124638 1664090 1124638 2310168 2474325 X 155457 -694909 X X 0 1 X 1 0 0 0 0 3622632 2587 2587 0 2587 312101 241671 70430 70430 DEFERRED COMPENSATION 76314 PENSION LONG TERM LIABILITY 1051441 1127755 X 3741589 0 3741589 0 3741589 3586132 0 3586132 0 3586132 PART X, LINE 2: 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 $1,000 AND $4,000 FOR 2014 AND 2013, RESPECTIVELY. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY NCIGF AND RECOGNIZE A TAX LIABILITY IF NCIGF HAS 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 HAS CONCLUDED THAT AS OF DECEMBER 31, 2014 AND 2013, 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 IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. X X X X 0 0 0 ROGER H SCHMELZER PRESIDENT/ CHIEF EXECUTIVE 252230 0 47500 0 4990 0 11700 0 32498 0 348918 0 0 0 AMY J BALLAIN TREASURER/ CHIEF FINANCIAL 133391 0 13200 0 670 0 6645 0 7366 0 161272 0 0 0 BARBARA F COX V.P., LEGAL & REGULATORY A 164353 0 22000 0 3378 0 9130 0 30164 0 229025 0 0 0 ROBERT N CREWS V.P., GUARANTY FUND SERVIC 120067 0 15272 0 2459 0 6724 0 27955 0 172477 0 0 0 ANDREW D HOLLADAY CHIEF INFORMATION OFFICER 122261 0 25000 0 633 0 7145 0 25069 0 180108 0 0 0 MARK D STECKBECK ASST. VP, LEGAL AFFAIRS & ASST. CORP 150007 0 15052 0 2995 0 7342 0 16394 0 191790 0 0 0 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 11 THE PROCESS FOR REVIEW THE FORM 990 INCLUDES A REVIEW BY THE TREASURER AND THE AUDIT COMMITTEE PRIOR TO FILING WITH THE IRS. A COPY IS AVAILABLE FOR ALL VOTING BOARD MEMBERS UPON REQUEST. 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, EACH INDIVIDUAL IS REQUIRED TO FILL OUT AND SUBMIT A CONFLICT OF INTEREST FORM. THE PRESIDENT AND CEO WILL DETERMINE IF THERE IS A CONFLICT OF INTEREST AND THE BOARD WILL REVIEW ANY CONFLICT FOR A FINAL RESOLUTION. 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 ANNUALLY; 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. PART VIII, DUES & ASSESSMENTS FOR THE 2014 FORM 990 DUES & ASSESSMENTS REVENUE HAS BEEN INCLUDED IN THE PROGRAM SERVICE ACCOMPLISHMENTS TO MORE ACCURATELY REFLECT THE ACTIVITIES THAT GENERATE THIS REVENUE INCOME. FORM 990, PART XI, LINE 9: CHANGES IN DEFINED BENEFIT PENSION -694,909. 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.