2014-07-01T11:34:42-07:00 2013-12-31 990 2013-01-01 840955267 WESTERN GUARANTY FUND SERVICES WEST 3037595066 1720 South Bellaire Street Suite 408 Denver CO 80222 David C Edwards President-WGFS 3037595066 2014-06-30 2013 2015-11-30 17:44:51Z David C Edwards 1720 South Bellaire Street Suite 408 Denver CO 80222 1714936 0 X www.wgfs.org X 1986 CO The organization manages six property and casualty insurance guaranty associations. 6 6 14 0 0 0 0 0 1741496 1714936 0 0 0 0 1741496 1714936 0 0 0 0 1279488 1265774 0 0 0 462008 449162 1741496 1714936 0 0 395900 362545 395900 362545 0 0 Western Guaranty Fund Services manages six property and casualty insurance guaranty associations. 0 0 1543442 0 1714936 Western Guaranty Fund Services provides accounting, administration and management for six property and casualty insurance guaranty associations. In total, over 13,000 checks were issued paying over $12 million to claimants and providers during 2013. At year end, there were 766 open claims with over $123 million in estimated future claim obligations. 0 0 0 1543442 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 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 22 0 1 14 1 0 0 0 0 0 0 X 6 6 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X David Edwards 3037595066 1720 South Bellaire Street Suite 408 Denver CO 80222 Sam Clark Board Chair 1.0 0 X 0 0 0 Mike Benschneider Board Member 1.0 0.0 X 0 0 0 Phil Joslin Board Member 1.0 0.0 X 0 0 0 Richard Wilborn Board Member 1.0 0.0 X 0 0 0 Terry L Hunt Board Member 1.0 0.0 X 0 0 0 Bill Clumpner Board Member 1.0 0.0 X 0 0 0 Dave Edwards President 50.0 0.0 X 165544 0 26680 Lorraine Segedie Controller 50.0 0.0 X 99473 0 20307 Bill Rodgers Claim Manager 50.0 0.0 X 106946 0 18568 371963 0 65555 2 0 1 0 Jeffrey A Barton 975 Kelly Road West Boulder CO 80302 Programming Services 131025 Soha & Lang PS 1325 Fourth Avenue Suite 2000 Seattle WA 98101 Legal Services 107189 2 0 Member Assessments 541900 1714936 1714936 0 0 0 0 0 0 1714936 0 0 0 0 0 1714936 1714936 0 0 312004 249603 62401 0 719352 719352 0 0 0 0 0 0 40284 38270 2014 0 112696 90157 22539 0 81438 65150 16288 0 0 0 0 0 0 0 0 0 12000 12000 0 0 0 0 0 0 0 0 0 0 0 0 7182 6464 718 0 0 0 0 0 54554 51683 2871 0 147131 132418 14713 0 0 0 0 0 113111 96144 16967 0 33195 26556 6639 0 0 0 0 0 30759 24607 6152 0 0 0 0 0 0 0 0 0 34258 23290 10968 0 6952 0 6952 0 Miscellaneous 3521 3345 176 0 Personal Property Taxes 995 0 995 0 Sales and Use Taxes 5504 4403 1101 0 1714936 1543442 171494 0 134311 161335 193944 160374 19763 16837 636958 620563 40278 16395 7604 7604 395900 362545 55622 46150 340278 316395 395900 362545 X 0 0 0 0 0 0 0 0 395900 362545 0 0 0 0 0 0 X 0 1 X 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 636958 620563 16395 0 0 0 0 16395 0 Operating advances from members 316395 316395 1714936 0 0 0 0 0 1714936 0 0 0 1714936 1714936 0 0 0 0 0 1714936 0 0 0 1714936 X 1 1 X X 0 0 0 Dave Edwards President 165544 0 0 0 0 0 10267 0 16413 0 192224 0 187513 0 Lorraine Segedie Controller 99473 0 0 0 0 0 6145 0 14162 0 119780 0 116997 0 Bill Rodgers Claim Manager 106946 0 0 0 0 0 6270 0 12298 0 125514 0 130758 0 Schedule J, Part I, Line 1a Spousal travel expense is reimbursed for the annual meeting only. The individual is issued a 1099 if the reimbursement is more than $600. Form 990, Part VI, Section A, Line 6 The following six state not-for-profit guaranty associations are members of Western Guaranty Fund Services: -Colorado Insurance Guaranty Association -Idaho Insurance Guaranty Association -Kansas Insurance Guaranty Association -Montana Insurance Guaranty Association -Washington Insurance Guaranty Association -Wyoming Insurance Guaranty Association. Form 990, Part VI, Section A, Line 7a Western Guaranty Fund Services is governed by a board of directors consisting of one representative from each member guaranty association's board of directors (usually the chairperson). Form 990, Part VI, Section A, Line 7b Western Guaranty Fund Services is governed by a board of directors consisting of one representative from each member guaranty association's board of directors. Governance decisions are subject to approval by the board. Form 990, Part VI, Section B, Line 11b The form 990 for Western Guaranty Fund Services was prepared by the Controller and the return was e-mailed to the board of directors prior to filing. Form 990, Part VI, Section B, Line 12c At the beginning of every board of directors meeting, the directors are reminded of the potential for conflicts of interest and given the opportunity to identify and discuss any conflicts. Form 990, Part VI, Section B, Line 15 Compensation of the President and Controller is determined by the board of directors. The average percentage raise for other employees is also approved by the board. Compensation discussion last took place at the board of directors meeting held on December 9, 2013. Form 990, Part VI, Section C, Line 19 Organization governing documents and financial statements are available to the public upon request. Needed more time and timely filed in extension on form 8868.