2013-10-24T15:28:39-05:00 2012-12-31 BOND BEEBE PC 4600 EAST-WEST HIGHWAY SUITE 900 BETHESDA MD 208143423 990 2012-01-01 526048633 COMPASS ROSE BENEFITS GROUP % WILLIAM J SIMMONS COMP 5712040605 PO BOX 8816 Suite RESTON VA 20195 WILLIAM SIMMONS 5712040605 2013-10-11 true SCOTT PRICE 3012726000 2012 2016-03-07 17:11:31Z RANDY STOUGHTON PO BOX 8816 RESTON VA 20195 200213668 false X WWW.COMPASSROSEBENEFITS.COM X 1948 DC PROVIDE HEALTH AND OTHER INSURANCE COVERAGE TO UNITED STATES GOVERNMENT EMPLOYEES. 8 8 29 0 0 0 0 177068101 198087764 401228 1065775 0 0 177469329 199153539 7643 0 161975702 189704982 2927931 3022489 0 0 0 11912182 15833340 176823458 208560811 645871 -9407272 82214821 78020508 40731481 39678546 41483340 38341962 PROVIDE HEALTH AND OTHER INSURANCE COVERAGE TO UNITED STATES GOVERNMENT EMPLOYEES. false false COMPASS ROSE BENEFITS GROUP PROVIDES HEALTH AND OTHER SPECIALTY INSURANCE PRODUCTS AND SERVICES THAT ARE ONLY AVAILABLE TO CIVILIAN EMPLOYEES, EMPLOYEES OF THE DEPARTMENT OF STATE, RETIREES OF THE DEPARTMENT OF DEFENSE AND THE INTELLIGENCE COMMUNITY. SPONSORSHIP OF A FEDERAL EMPLOYEE HEALTH BENEFIT PLAN ("FEHBP") AS AN EMPLOYEE ORGANIZATION PLAN UNDER THE FEHBP COVERING CERTAIN FEDERAL GOVERNMENTAL EMPLOYEES AND ANNUITANTS. false false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false false true false false false false false false false false false true 2 0 true 29 true false false false false false false X 8 8 false false false false true true false true true false false true true true true true true true false false X WILLIAM J SIMMONS 5712040605 1768 BUSINESS CENTER DRIVE STE 350 RESTON VA 20190 X CHARLES PASQUALE 1.0 X 0 0 JOYCE FREUND 1.0 X 0 0 GWEN GASKINS 1.0 X 0 0 KEVIN SMITH 1.0 X 0 0 ED THOMSPON 1.0 X 0 0 BILL TRIKAS 1.0 X 0 0 KATHERINE SCHULTZ 1.0 X 0 0 BEVERLY BORICH CHRISTIANA 1.0 X 0 0 RANDY STOUGHTON 40.0 X 218660 0 10388 SHERRI HEBERT 40.0 X 190044 0 16702 WILLIAM SIMMONS 40.0 X 139156 0 20284 MARY O'CONNELL 40.0 X 127620 0 19764 CHRISTOPHER GREAME 40.0 X 116999 0 11903 ALFRED ROBINSON 40.0 X 110700 0 5123 DHARTI DESAI 40.0 X 101531 0 17275 STACY OUTLAW 40.0 X 101500 0 11350 1106210 0 112789 8 false true false INFORMED 1596 WHITEHALL ROAD ANNAPOLIS MD 21409 ADMINISTRATOR FEES 5233516 MULTIPLAN 115 5th AVE 7th FLOOR NEW YORK NY 10003 NETWORK WRAP FEES 361948 UNITED HEALTHCARE 5901 LINCOLN DRIVE EDINA MN 55436 PPO NETWORK FEES 2905897 MEDCO 100 PARSONS POND DR FRANKLIN LAKES NJ 07417 PBM ADMIN FEES 3220278 COVENTRY HEALTHCARE 15400 CALHOUN DR STE 300 ROCKVILLE MD 20855 CLAIMS ADMIN EXPENSE 251144 8 0 INSURANCE PREMIUMS 525100 194950160 194950160 SPECIAL PRODUCTION ADMININSTRATIVE FEES 561000 765744 765744 SERVICE ALLOWANCE 900099 1550845 1550845 INSURANCE PREMIUM REBATES 525100 821015 821015 198087764 932088 932088 0 0 0 0 0 1193816 1060129 133687 133687 133687 0 0 0 0 199153539 198087764 1065775 0 0 0 189704982 742618 0 1855516 67134 176026 181195 0 54421 227697 0 0 125696 12231767 24990 458475 45372 0 335674 51574 0 0 0 0 350519 36458 SERVICE ALLOWANCE 1550845 TPA REIMBURSEMENTS 251144 SUBSCRIPTION 26139 MEMBER SURVEY & DUES 17468 45101 208560811 X 3976401 4077258 41859265 32549707 0 0 16668527 17876372 0 0 0 0 0 0 0 0 389749 61771 1768215 1487885 550042 280330 18645494 22855409 0 0 0 0 0 0 125343 319661 82214821 78020508 644238 760746 0 0 0 0 0 0 0 0 0 0 0 0 0 0 40087243 38917800 40731481 39678546 X 41483340 38341962 0 0 0 0 41483340 38341962 82214821 78020508 X -9407272 1462595 5032605 -229306 X false true X true false 858929 811211 47718 330812 258712 72100 578474 417962 160512 280330 0 PREMIUMS PAYABLE 291082 CLAIMS RESERVES 9751867 HEALTH CLAIMS 28874851 38917800 X 200616134 1462595 1462595 199153539 199153539 208790117 229306 229306 208560811 208560811 FIN 48 FOOTNOTE PART X, LINE 2 Accounting principles generally accepted in the United States of America require management of an organization to evaluate tax positions taken and recognize a tax liability if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has evaluated the tax positions taken by CRBG and concluded that as of December 31, 2012 there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. CRBG is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any tax periods. Management believes CRBG is no longer subject to income tax examinations for years prior to 2009. OTHER EXPENSES INCLUDED IN AUDITED FINANCIAL STATEMENTS, NOT FORM 990 PART XII LINE 2D $229,306 CONTINGENCY RESERVE TRANSFER FROM OPM X X X false false false RANDY STOUGHTON 202860 0 15800 8746 0 1642 0 229048 0 0 0 SHERRI HEBERT 176446 0 13598 7602 0 9100 0 206746 0 0 0 WILLIAM SIMMONS 134156 0 5000 5566 0 14718 0 159440 0 0 0 MARY SIMMONS SEE PART V 76231 WAGES false CHRISTOPHER HEBERT SEE PART V 32542 WAGES false RELATIONSHIP BETWEEN INTERESTED PERSONS AND ORGANIZATION PART IV, LINE 1 COLUMN B FAMILY MEMBER OF WILLIAM SIMMONS, TREASURER RELATIONSHIP BETWEEN INTERESTED PERSONS AND ORGANIZATION PART IV, LINE 2 COLUMN B FAMILY MEMBER OF SHERRI HEBERT, VICE PRESIDENT ORGANIZATION MEMBERS PART VI, SECTION A, LINE 6 MEMBERS IN INSURANCE PROGRAMS OFFERED BY COMPASS ROSE BENEFITS GROUP ELECTION OF GOVERNING BODY PART VI, SECTION A, LINE 7A COMPASS ROSE BENEFITS GROUP BOARD OF DIRECTORS ARE ELECTED TO A THREE-YEAR TERM BY OUR MEMBERSHIP. THE BOARD IS CURRENTLY COMPOSED OF THREE ACTIVE MEMBERS, FOUR RETIRED MEMBERS AND ONE INDUSTRY EXPERT. THE INDUSTRY EXPERT IS ELECTED BY THE BOARD AND HAS NO PREDETERMINED TERM. WITH THE EXCEPTION OF THE INDUSTRY EXPERT, THESE MEMBERS MUST BE EMPLOYEES OF ONE OF THE QUALIFYING AGENCIES UNDER THE OFFICE OF DIRECTOR OF NATIONAL INTELLIGENCE. ANY MEMBER IS ELIGIBLE FOR ELECTION IF THEY PARTICIPATE IN AT LEAST ONF OF THE INSURANCE PROGRAMS WHICH COMPASS ROSE BENEFITS GROUP OFFERS. REVIEW OF FORM 990 PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY SENIOR MANAGEMENT AND THE BOARD OF DIRECTORS AND APPROVED PRIOR TO FILING. CONFLICT OF INTEREST POLICY PART VI, SECTION B, LINE 12C A COMMITTEE WITHIN THE BOARD OF DIRECTORS HAS BEEN ESTABLISHED TO OVERSEE AND ADDRESS CONFLICTS OF INTEREST (COI). ANNUALLY, BOARD MEMBERS AND KEY COMPASS ROSE EMPLOYEES SIGN ACKNOWLEDGEMENT THAT THEY HAVE RECEIVED, READ, AND WILL ADHERE TO COMPASS ROSE'S COI POLICY. THE POLICY ITSELF DETAILS THE PROCESS BY WHICH THE BOARD MONITORS AND ENFORCES POTENTIAL VIOLATIONS. COMPENSATION OF MANAGEMENT PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE PRESIDENT IS VOTED UPON AND APPROVED BY A COMPENSATION COMMITTEE MADE UP OF BOARD MEMBERS. OTHER EMPLOYEE COMPENSATION IS SET BY SENIOR MANAGEMENT (PRESIDENT, VICE PRESIDENT). AVAILABILITY OF DOCUMENTS PART VI, SECTION C, LINE 19 OTHER THAN FORM 990, ALL OTHER GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE ONLY MADE AVAILABLE TO THE PUBLIC UPON U.S. GOVERNMENT SECURITY APPROVAL. OTHER CHANGES IN NET ASSETS PART XI, LINE 9 $(229,306) Contingency reserve transfer from OPM PRIOR PERIOD ADJUSTMENTS PART XI, LINE 8 THE NET ASSETS FOR THE PRIOR PERIOD WERE RESTATED FOR FINANCIAL STATEMENT PURPOSES FOR 2011 BY $5,032,605 TO CORRECT AN ERROR IN THE CALCULATION OF THE PRESENT VALUE OF THE PROJECTED BENEFIT OBLIGATION FOR DEATH BENEFITS (CLAIMS RESERVED).