2013-11-14T07:20:45-06:00 2013-06-30 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2012-07-01 582159813 GEORGIA SCHOOL BOARDS ASSOCIATION RISK MANAGEMENT FUND GEOR 7709622985 5120 SUGARLOAF PARKWAY LAWRENCEVILLE GA 30043 JEANNIE M HENRY 7709622985 2013-11-12 1 JEFF T FUCITO P00120748 7709558600 2013-11-12 X 2012 2016-02-25 16:41:14Z JEANNIE M HENRY 5120 SUGARLOAF PARKWAY LAWRENCEVILLE GA 30043 33981626 0 X WWW.GSBA.COM X INTERLOCAL RISK MANAGEMENT AGENCY 1994 GA SEE SCHEDULE O FOR COMPLETE DESCRIPTION.THE MISSION OF THE GSBA RISK MANAGEMENT FUND IS TO PARTNER WITH LOCALSCHOOL SYSTEMS TO PROTECT ASSETS AND MINIMIZE LOSSES THROUGH SUPERIORCUSTOMIZED ALTERNATIVES TO TRADITIONAL INSURANCE WHILE MAINTAININGFINANCIAL INTEGRITY. 9 9 0 9 0 0 0 0 15182009 17426017 54250 553940 0 0 15236259 17979957 0 0 0 0 0 0 0 0 0 15624566 12875798 15624566 12875798 -388307 5104159 23526874 27791547 13515786 12697622 10011088 15093925 X THE MISSION OF THE GSBA RISK MANAGEMENT FUND IS TO PARTNER WITH LOCALSCHOOL SYSTEMS TO PROTECT ASSETS AND MINIMIZE LOSSES THROUGH SUPERIORCUSTOMIZED ALTERNATIVES TO TRADITIONAL INSURANCE WHILE MAINTAININGFINANCIAL INTEGRITY. 0 0 11516905 17426017 DEVELOP, IMPLEMENT, ADMINISTER AND MAINTAIN A PROGRAM OF PROPERTY ANDLIABILITY SELF-INSURANCE FOR ITS MEMBER ORGANIZATIONS.GSBA RISK MANAGEMENT FUND OFFERS PROTECTION THROUGH ITS GROUP-SELF-INSURANCE PLANS FOR PROPERTY AND LIABILITY RISKS. THE ORGANIZATION PARTNERS WITH GEORGIA PUBLIC SCHOOL SYSTEMS AND GOES FAR BEYOND THE NORMAL SERVICE FROM A COMMERCIAL INSURANCE BROKER. THE STAFF BUILDS RELATIONSHIPS WITH ITS MEMBERS AND PROVIDES TRAINING AND INFORMATION TO ASSIST MEMBERS IN SUCCESSFULLY MANAGING THEIR RISKS. THE FUND DELIVERS PERSONAL SUPPORT TO ITS MEMBERS AT THE HIGHEST PROFESSIONAL LEVEL AS NEEDED FOR ALL LIABILITY AND PROPERTY INSURANCE RELATED SERVICES. A TEAM OF RISK MANAGEMENT STAFF AND CONSULTANTS ARE IN PLACE TO ASSIST MEMBERS IN MINIMIZING LOSS EXPOSURES, INJURIES, AND DAMAGES THROUGH RISK IDENTIFICATION, ASSESSMENT, PLANNING, PHYSICAL INSPECTIONS, RESEARCH AND OTHER SPECIAL STATE-WIDE INITIATIVES AND MEETINGS ORIENTED TO PUBLIC SCHOOLS AND EDUCATION 11516905 1 0 0 0 0 0 0 0 0 0 0 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 1 0 0 0 1 11 0 1 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 GA X MARK WILLIS 7709622985 5120 SUGARLOAF PARKWAY LAWRENCEVILLE GA 30043 VERNON PAYNE 0.50 1.00 X X 0 0 0 SHARON ADAMS 0.50 X 0 0 0 REBECCA MCCLAIN 0.50 X 0 0 0 CHRIS ERWIN 0.50 X 0 0 0 REGINA BUCCAFUSCO 0.50 X 0 0 0 SAMMIE KNIGHT 0.50 X 0 0 0 HOWARD MANN 0.50 X 0 0 0 RUTH O'DELL 0.50 X 0 0 0 RONALD HOPKINS 0.50 1.00 X 0 0 0 JEANNIE M HENRY 4.00 40.00 X 0 215901 31814 0 215901 31814 0 0 1 0 MARSH INC PO BOX 100357 ATLANTA GA 30384 BROKERAGE & UNDERWRITING FEES 701547 UNDERWRITER'S SAFETY AND CLAIMS 1700 EASTPOINT PARKWAY LOUISVILLE KY 40223 CLAIM PROCESSING 308147 CBIZ PO BOX 849846 DALLAS TX 75284 APPRAISAL FEES 230691 WELLS FARGO INSURANCE SERVICES 4401 NORTHSIDE PARKWAY NW ATLANTA GA 30384 BROKERAGE FEES 125000 4 FUND CONTRIBUTIONS 525100 17426017 17426017 17426017 284068 284068 16271541 16001669 269872 269872 269872 17979957 17426017 0 553940 665530 665530 20500 20500 10000 10000 74744 74744 1057879 1057879 2190 2190 53866 53866 9663 9663 18201 18201 EXCESS INSURANCE EXPENS 5691966 5691966 ESTIMATED & INCURRED CL 4057335 4057335 MEMBERSHIP DEVELOPMENT 501172 501172 CLAIMS ADMINISTRATION 423800 423800 288952 285925 3027 12875798 11516905 1358893 0 519660 511638 5980556 9485571 422945 294997 541691 557109 15986712 16297606 75310 644626 23526874 27791547 85812 168995 156231 12280 13273743 12516347 13515786 12697622 X 10011088 15093925 10011088 15093925 23526874 27791547 5104159 -21322 0 X X 0 1 X 1 0 X X X 0 0 0 GEORGIA SCHOOL BOARDS ASSOCIATION INC 581077259 9 0 1 1 0 1 0 SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: THE GSBA RISK MANAGEMENT FUND PROVIDES SUPPORT TO GSBA BY PROVIDING GSBA MEMBER SCHOOL DISTRICTS AN ALTERNATIVE TO PURCHASING TRADITIONAL LIABILITY INSURANCE. THIS IS THE ONLY SOURCE OF RISK PROTECTION DEDICATED TO GEORGIA PUBLIC SCHOOLS. THE FUND OFFERS A COMPREHENSIVE PROGRAM FOR PROPERTY AND CASUALTY COVERAGE THAT MEETS OR EXCEEDS THE NEEDS OF GSBA MEMBER SCHOOL DISTRICTS. 0 CLAIMS RESERVE 12069143 UNALLOCATED LAE RESERVES 445112 DUE TO AFFILIATE 2092 12516347 17958635 -21322 -21322 17979957 0 17979957 12875798 0 12875798 0 12875798 THE ORGANIZATION HAS NO UNCERTAIN TAX LIABILITIES UNDER ASC 740-10 REPORTED ON THE AUDITED FINANCIAL STATEMENTS. 0 0 0 0 0 0 0 0 0 JEANNIE M HENRY 0 204388 0 6434 0 5079 0 21630 0 10184 0 247715 0 0 SUPPLEMENTAL INFORMATION PART III COMPENSATION REPORTED ON SCHEDULE J IS PAID ONLY BY GEORGIA SCHOOL BOARDS ASSOCIATION, INC. THE COMPENSATION REPORTED ON THIS SCHEDULE IS THE TOTAL FOR ALL RELATED ENTITIES. JEANNIE HENRY PRIMARILY PERFORMS SERVICES FOR GEORGIA SCHOOL BOARDS ASSOCATION, INC. FORM 990, PART VI, SECTION A, LINE 3 THE GEORGIA SCHOOL BOARDS ASSOCIATION RISK MANAGEMENT FUND, (THE "FUND") HAS CONTRACTED WITH A RELATED ENTITY, THE GEORGIA SCHOOL BOARDS ASSOCIATION, INC. (THE "ASSOCIATION"), TO PROVIDE ADMINISTRATIVE SERVICES TO THE FUND. ADMINISTRATIVE SERVICES INCLUDE, BUT ARE NOT LIMITED TO, USE OF THE ASSOCIATION'S NAME, OFFICE, STAFF, OVERHEAD ITEMS AND RELATED EXPENSES TO CARRY OUT THE DAY-TO-DAY OPERATIONS OF THE FUND. THE ASSOCIATION ALSO PROVIDES VARIOUS CLAIMS, MARKETING/MEMBER DEVELOPMENT, UNDERWRITING, AND RISK IMPROVEMENT SERVICES TO MEMBERS OF THE FUND. JEANNIE M. HENRY, OFFICER FOR THE FUND WAS COMPENSATED BY THE ASSOCIATION. THE COMPENSATION IS REPORTED IN PART VII. FORM 990, PART VI, SECTION A, LINE 6 GEORGIA SCHOOL BOARDS ASSOCIATION, INC. AND SEVERAL SCHOOL SYSTEMS IN THE STATE OF GEORGIA ARE MEMBERS OF THE GEORGIA SCHOOL BOARDS ASSOCIATION WORKERS' COMPENSATION FUND. DURING THE YEAR ENDED 6.30.13 THERE WERE 86 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A TRUSTEES ARE ELECTED BY THE MEMBERS OF THE FUND, UNLESS A VACANCY OCCURS DURING THE TERM, IN WHICH CASE THE EXECUTIVE DIRECTOR OF GEORGIA SCHOOL BOARDS ASSOCIATION, INC., WITH INPUT FROM OTHERS, RECOMMENDS INDIVIDUALS FOR THE VACANT TRUSTEE POSITION AND THE EXISTING TRUSTEES VOTE TO ELECT. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE CONTROLLER, EXECUTIVE DIRECTOR AND THE ASSISTANT EXECUTIVE DIRECTOR OF GEORGIA SCHOOL BOARDS ASSOCIATION, INC. AND POSTED FOR TRUSTEE REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE BOARD OF TRUSTEES WILL SUBMIT AN ANNUAL REPORT ON A FORM PROVIDED BY THE FUND TO IDENTIFY ANY POTENTIAL CONFLICTS. THE FORMS WILL BE REVIEWED BY THE EXECUTIVE COMMITTEE WHICH WILL DISCUSS ANY POTENTIAL CONFLICT WITH THE INDIVIDUAL TRUSTEE AND, IF NECESSARY, REFER ANY ISSUE OF POTENTIAL VIOLATION OF THE POLICY TO THE BOARD OF TRUSTEES. THE FUND HAS NO EMPLOYEES BUT THE BOARD DOES APPROVE MANAGEMENT FEES PAID TO GEORGIA SCHOOL BOARDS ASSOCIATION, INC. WHICH PROVIDES MANAGEMENT SERVICES FOR THE FUND. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST. FORM 990 PART XII LINE 2C THE ORGANIZATION UTILIZES A JOINT AUDIT COMMITTEE WITH THE GEORGIA SCHOOL BOARDS ASSOCIATION RISK MANAGEMENT FUND FOR THE PURPOSE OF EVALUATING EXTERNAL AUDITOR RELATIONSHIP AND COMMUNICATING WITH OUR AUDITORS. THE AUDIT COMMITTEE IS A JOINT GSBA WORKERS' COMPENSATION FUND/GSBA RISK MANAGEMENT FUND COMMITTEE THAT SERVES AS A TRUSTEES' POINT OF CONTACT FOR THE FINANCIAL AUDITORS. IN ADDITION, THE COMMITTEE MAY ALSO: -PERIODICALLY REVIEW AUDITOR RELATIONSHIP -RESOLVE DISAGREEMENTS BETWEEN MANAGEMENT AND THE AUDITORS REGARDING FINANCIAL REPORTING -RECEIVE AUDIT REPORTS FROM THE AUDITORS THE ORGANIZATION CONTINUES TO USE THE SERVICES OF THE SAME AUDITING FIRM THAT WAS AWARDED THE AUDIT BID PREVIOUSLY. THERE HAVE BEEN NO CHANGES TO THE AUDIT AND FINANCIAL STATEMENT OVERSIGHT PROCESS. GEORGIA SCHOOL BOARD ASSOCIATION INC 5120 SUGARLOAF PARKWAY LAWRENCEVILLE GA 30043 581077259 PROVIDES LEADERSHIP, ADVOCACY AND SERVICES TO LOCAL SCHOOL SYSTEMS. GA 501(C)(3) LINE 9 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 GEORGIA SCHOOL BOARDS ASSOCIATION INC M