2015-08-26T12:11:59-05:00 2014-12-31 461497033 EKS&H LLLP 7979 E TUFTS AVENUE SUITE 400 DENVER CO 802372521 990 2014-01-01 840172643 MOUNTAIN STATES EMPLOYERS COUNCIL INC MOUN 3038395177 PO BOX 539 DENVER CO 802010539 JULIE MCLAUGHLIN CFO 3038395177 2015-08-26 1 DORI J EGGETT P00645252 3037409400 2014 2016-02-25 16:41:14Z MICHAEL G SEVERNS 1799 PENNSYLVANIA ST DENVER CO 80201 18887936 0 X WWW.MSEC.ORG X 1939 CO SEE SCHEDULE O 27 25 212 25 18000 -8134 0 0 13432113 14271352 481747 274368 3721314 4039760 17635174 18585480 0 0 0 0 12560912 12682638 0 0 0 4840847 5036236 17401759 17718874 233415 866606 17432617 18864781 6135810 11521785 11296807 7342996 SEE SCHEDULE O 0 0 N/A 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 44 0 1 212 1 1 1 0 0 0 0 0 X 27 25 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JULIE A MCLAUGHLIN CFO 3032235419 1799 PENNSYLVANIA STREET DENVER CO 80203 MICHAEL G SEVERNS PRESIDENT/CEO 40.00 X X 470263 0 34430 BARBARA A THOMPSON EXECUTIVE VP TERM END 9/1 40.00 X X 223742 0 19503 ALISON K BROWN DIRECTOR 1.00 X 0 0 0 SHEILA BUGDANOWITZ DIRECTOR 1.00 X 0 0 0 LINDA CHILDEARS DIRECTOR 1.00 X 0 0 0 DAVID L EVES DIRECTOR 1.00 X 0 0 0 DIANNE BROSSART DIRECTOR 1.00 X 0 0 0 THOMAS C FRIES DIRECTOR 1.00 X 0 0 0 A BARRY HIRSCHFELD DIRECTOR 1.00 X 0 0 0 TRACY HUGGINS DIRECTOR 1.00 X 0 0 0 ROGER KNOPH DIRECTOR 1.00 X 0 0 0 SHARON H LINHART DIRECTOR 1.00 X 0 0 0 GEORGE SPARKS DIRECTOR 1.00 X 0 0 0 JAMES M SULLIVAN III DIRECTOR 1.00 X 0 0 0 JACK A TERHAR JR TREASURER 1.00 X X 0 0 0 DONALD A SMITH JR DIRECTOR 1.00 X 0 0 0 MARY M WHITE DIRECTOR 1.00 X 0 0 0 CHESTER T LATCHAM CHAIR OF THE BOARD 1.00 X X 0 0 0 MARK DRISCOLL VICE CHAIR OF THE BOARD 1.00 X X 0 0 0 CHARLES S MCNEIL DIRECTOR 1.00 X 0 0 0 DAVE BAKER DIRECTOR 1.00 X 0 0 0 REV JOHN P FITZGIBBONS DIRECTOR 1.00 X 0 0 0 JOHN E FREYER JR DIRECTOR 1.00 X 0 0 0 ARTHUR GONZALEZ DIRECTOR 1.00 X 0 0 0 KYLE H HYBL DIRECTOR 1.00 X 0 0 0 MARK JOHNSON DIRECTOR 1.00 X 0 0 0 PATRICK WALKER DIRECTOR 1.00 X 0 0 0 DEBORAH D BRACKNEY EXECUTIVE VP 40.00 X 193583 0 12687 WILLIAM L SMITH JR VP 40.00 X 201176 0 25076 JULIE A MCLAUGHLIN CFO 40.00 X 158747 0 24649 KIMBERLY S KOY VP/CORPORATE SECRETARY 40.00 X 123417 0 18847 MARK R BUTTICE CIO 40.00 X 124780 0 26124 TIMOTHY E SETTLE DIRECTOR OF EMPLOYMENT LAW SERVICES 40.00 X 117564 0 15040 MARK J FLYNN DIRECTOR OF SPECIAL LEGAL SERVICES 40.00 X 112602 0 20757 S LORRIE RAY DIRECTOR OF MEMBERSHIP DEVELOPMENT 40.00 X 117003 0 20600 CHRISTINE R HARKNESS DIRECTOR OF NORTHERN REGIONAL OFFICE 40.00 X 112077 0 13034 1954954 0 230747 11 0 1 0 0 MEMBERSHIP DUES 541900 11467118 11467118 SEMINARS 541900 2804234 2804234 14271352 104977 104977 181298 0 181298 181298 181298 471847 295656 6800 176191 -6800 169391 169391 COST SHARING REIMB. 561000 3343322 3343322 SUB. NET EQUITY CHANGE 900099 494033 494033 PARKING LOT 900099 18000 18000 3107 3107 3858462 18585480 18111814 18000 455666 1506120 7689648 1605030 1213105 668735 34442 34034 10661 72011 470309 389093 315985 1224914 84244 51325 701119 66744 SEMINAR COSTS 857502 BAD DEBT 232807 MEMBER RELATIONS 145546 LIBRARY BOOKS/SUBSCRIPT 127136 218364 17718874 768008 1590137 295753 327510 252098 264133 18751102 8933919 9939397 9817183 4219237 4402276 1958124 2463542 17432617 18864781 2404274 7340760 3651921 4087951 79615 93074 6135810 11521785 X 11296807 7342996 11296807 7342996 17432617 18864781 X 866606 -87366 -4733053 X 0 1 X 1 0 2533891 2533891 12429299 6812189 5617110 19544 12935 6609 1677665 1260108 417557 2090703 848687 1242016 9817183 DUE FROM SUBSIDIARY 536101 INVESTMENT IN SUBSIDIARY 1927441 2463542 DUE TO SUBSIDIARY 93074 93074 X 18498114 -87366 -87366 18585480 0 18585480 17718874 0 17718874 0 17718874 PART X, LINE 2: MSEC IS A NON-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE FOR FEDERAL, STATE, OR LOCAL TAXES. MSEC HAD MINOR UNRELATED BUSINESS INCOME DURING THE YEARS ENDED DECEMBER 31, 2014 AND 2013. MSEC APPLIES A MORE-LIKELY-THAN-NOT MEASUREMENT METHODOLOGY TO REFLECT THE FINANCIAL STATEMENT IMPACT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AFTER EVALUATING THE TAX POSITIONS TAKEN, NONE ARE CONSIDERED TO BE UNCERTAIN; THEREFORE, NO AMOUNTS HAVE BEEN RECOGNIZED AS OF DECEMBER 31, 2014 AND 2013. IF INCURRED, INTEREST AND PENALTIES ASSOCIATED WITH TAX POSITIONS ARE RECORDED IN THE PERIOD ASSESSED AS GENERAL AND ADMINISTRATIVE EXPENSE. NO INTEREST OR PENALTIES HAVE BEEN ASSESSED AS OF DECEMBER 31, 2014 AND 2013. TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION INCLUDE 2010 THROUGH 2014. X 1 1 X X X 0 0 0 MICHAEL G SEVERNS PRESIDENT/CEO 323059 0 141032 0 6172 0 20800 0 13630 0 504693 0 0 0 BARBARA A THOMPSON EXECUTIVE VP TERM END 9/1 210705 0 7775 0 5262 0 16856 0 2647 0 243245 0 0 0 DEBORAH D BRACKNEY EXECUTIVE VP 180258 0 7775 0 5550 0 1751 0 10936 0 206270 0 0 0 WILLIAM L SMITH JR VP 175100 0 7775 0 18301 0 14421 0 10655 0 226252 0 0 0 JULIE A MCLAUGHLIN CFO 150000 0 7775 0 972 0 12000 0 12649 0 183396 0 0 0 MARK R BUTTICE CIO 124780 0 0 0 0 0 9476 0 16648 0 150904 0 0 0 HEALTH CLUB DUES: THE ORGANIZATION PAID $7,424 IN HEALTH CLUB DUES ON BEHALF OF SIX OF THE OFFICERS. FORM 990, PART I & III, LINE 1 THE COUNCIL IS DEVOTED TO THE IMPROVEMENT OF BUSINESS CONDITIONS BY PROMOTING HARMONIOUS RELATIONS BETWEEN EMPLOYERS AND EMPLOYEES, INCLUDING BUT NOT LIMITED TO, ENCOURAGING AND FURTHERING THE PEACEFUL SETTLEMENT OF LABOR DISPUTES, DISSEMINATING RESEARCH AND HUMAN RESOURCE INFORMATION AND PERSONNEL POLICIES, AND PROVIDING MANAGEMENT EDUCATION ON HUMAN RESOURCE ISSUES. FORM 990, PART VI, SECTION A, LINE 6 MOUNTAIN STATES EMPLOYERS COUNCIL, INC. IS A MEMBERSHIP ORGANIZATION WITH ONE CLASS OF MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PRESENTED TO AND REVIEWED WITH THE AUDIT COMMITTEE BY AN OUTSIDE CPA FIRM. THE AUDIT COMMITTEE RECOMMENDS APPROVAL TO THE BOARD OF DIRECTORS. THE BOARD RECEIVES A COMPLETE COPY OF THE FORM 990 PRIOR TO APPROVAL AND FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY TO THE BOARD OF DIRECTORS. THIS POLICY IS REVIEWED AT THE INCEPTION OF EACH FULL BOARD MEETING AS WELL AS DURING NEW BOARD MEMBER ORIENTATION. IN ADDITION TO REVIEWING THE POLICY, EACH BOARD MEMBER IS REQUIRED TO ANNUALLY DISCLOSE AND SIGN A FORM INDICATING ANYTHING THEY MAY CONSIDER A CONFLICT OF INTEREST TO MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, INCLUDING 2014, INDEPENDENT MEMBERS OF THE EXECUTIVE COMMITTEE DETERMINE AND APPROVE COMPENSATION FOR THE PRESIDENT AND CEO (THE TOP MANAGEMENT OFFICIAL) FOLLOWING A REVIEW OF COMPENSATION SURVEYS WITH DATA ON COMPARABLE POSITIONS. THE PRESIDENT AND CEO INITIALLY DETERMINES COMPENSATION FOR OTHER OFFICERS, BUT PRIOR TO IMPLEMENTATION, INDEPENDENT MEMBERS OF THE EXECUTIVE COMMITTEE REVIEW COMPENSATION SURVEYS WITH DATA ON COMPARABLE POSITIONS AND APPROVE THE COMPENSATION FOR THE OTHER OFFICERS. COMPENSATION SURVEYS ARE NOT LIMITED TO NONPROFIT SOURCES. EMPLOYMENT CONTRACTS ARE NOT UTILIZED. CONTEMPORANEOUS MINUTES OF THE DELIBERATION AND DECISIONS ARE MADE AND ENTERED INTO THE CORPORATE RECORDS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION A, LINE 1A DELEGATION OF AUTHORITY: THE EXECUTIVE COMMITTEE HAS AND MAY EXERCISE POWERS AND AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT AND DIRECTION OF THE BUSINESS AND AFFAIRS OF THE COUNCIL. THE EXECUTIVE COMMITTEE CONSISTS OF NINE MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART XI, LINE 9: PENSION PLAN RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST -4,733,053. EMPLOYERS COUNCIL SERVICES INC 1799 PENNSYLVANIA STREET DENVER CO 80201 846021302 CONSULTING CO MSEC C 4435244 2921040 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 EMPLOYERS COUNCIL SERVICES INC Q 3343322 FMV