2012-05-14T18:32:12-05:00 2011-06-30 AKT LLP 680 HAWTHORNE AVE SE 140 SALEM OR 97301 990 2010-07-01 930763726 OEA CHOICE TRUST OEAC 5036203822 6900 SW ATLANTA STREET BLDG 2 TIGARD OR 97223 STEVE MCNANNAY 5036203822 2012-05-01 1 JOYLYN M ANKENEY CPA 5035857774 2010 2016-02-24 21:20:13Z STEVE MCNANNAY 6900 SW ATLANTA STREET BLDG 2 TIGARD OR 97223 3464489 0 X WWW.OEACHOICE.COM X 1980 OR PROMOTE HEALTH AND WELL-BEING OF OREGON SCHOOL EMPLOYEES THROUGH THE PROVISION OF WELLNESS GRANTS 5 4 8 0 0 0 0 0 22927046 1605926 1268952 1729617 121610 25650 24317608 3361193 291754 325447 5171237 52389 1572416 1699389 0 0 0 750443 744878 7785850 2822103 16531758 539090 51985144 57487118 1657118 1526238 50328026 55960880 X TO PROVIDE FLEXIBLE, COST EFFECTIVE HEALTH BENEFITS AND SUPERIOR CUSTOMER SERVICE TO EMPLOYEES AND THEIR FAMILIES OF OREGON'S PUBLIC SCHOOLS AND COMMUNITY COLLEGES. THE PROMOTING OF HEALTH AND WELL-BEING OF OREGON SCHOOL EMPLOYEES THROUGH THE PROVISION OF WELLNESS GRANTS TO QUALIFIED EDUCATIONAL ORGANIZATIONS FOR SELF-DESIGNED WELLNESS PROGRAMS CREATED AND PERSONALIZED BY SCHOOL EMPLOYEES FOR SCHOOL EMPLOYEES. 0 1 WELLNESS GRANTS TO QUALIFIED EDUCATIONAL ORGANIZATIONS FOR SELF-DESIGNED WELLNESS PROGRAMS CREATED AND PERSONALIZED BY SCHOOL EMPLOYEES FOR SCHOOL EMPLOYEES. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 4 0 8 1 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JAMIE MARCY 5036203822 6900 SW ATLANTA ST BLDG 2 TIGARD OR 97223 JOHN NEHL 1.00 X 0 0 0 MAURICE HICKS 1.00 X X 0 0 0 MARY LOU BECK 1.00 X X 0 0 0 GAIL RASMUSSEN 1.00 X 0 178822 0 CHERI HIGGINS 1.00 X 0 0 0 STEVE MCNANNAY 40.00 X 164584 0 763344 JAMIE MARCY 40.00 X 104258 0 64899 268842 178822 828243 2 0 1 0 NATIONAL SOFTWARE ASSOCIATES 5321 WINDSOR TERRACE WESTLINN OR 97068 SYSTEM MAINTENANCE & LEASE EQUIPMENT 195000 1 ODS PREMIUM RESERVES 524298 1500000 1500000 PREMIUMS - SCHOOL PAYM 524298 105926 105926 1605926 1832913 1832913 103296 -103296 -103296 -103296 MISCELLANEOUS INCOME 900099 25650 25650 25650 3361193 1605926 0 1755267 325447 52389 907194 418262 128100 166388 79445 61535 44350 200535 79846 22543 177360 39216 37851 285 6777 4024 MISCELLANEOUS 51840 BANK SERVICE FEES 15628 DATA PROCESSING AND SOF 2698 PROPERTY TAXES 390 2822103 -18435 79471 2443771 3057856 31211 13375 18540000 19620000 6299 4721 159512 122759 37294 36753 30212589 34029233 732415 645709 51985144 57487118 975775 931989 278 681065 594249 1657118 1526238 X 50328026 55960880 0 0 0 0 50328026 55960880 51985144 57487118 X 539090 5093764 X 0 1 1 X 0 32189 21638 10551 127323 101121 26202 36753 DEFERRED COMPENSATION PAYABLE 594249 594249 3361193 2822103 539090 5093654 110 5093764 5632854 8243320 5093654 1060 5094714 3148606 200535 12052 212587 3361193 2610466 950 950 2609516 200535 12052 212587 2822103 PART XI, LINE 8 - OTHER ADJUSTMENTS: GAIN ON SUBSIDIARY INCLUDED ON FINANCIAL STATEMENT 110. PART XII, LINE 2D - OTHER ADJUSTMENTS: INCOME FROM SUBSIDIARY INCLUDED ON CONSOLIDATED FINANCIAL STATEMENT 1,060. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECOVERY OF PRIOR YEAR GRANTS NETTED WITH EXPENSE ON FINANCIAL STATEMENT 12,052. PART XIII, LINE 2D - OTHER ADJUSTMENTS: EXPENSE FROM SUBSIDIARY INCLUDED ON CONSOLIDATED FINANCIAL STATEMENT 950. PART XIII, LINE 4B - OTHER ADJUSTMENTS: RECOVERY OF PRIOR YEAR GRANTS NETTED WITH EXPENSE ON FINANCIAL STATEMENT 12,052. 1 MEDFORD SD (GRIFFIN & RUCH) 500 MONROE ST MEDFORD OR 97501 936000519 SCHOOL DISTRICT 24984 WELLNESS PROGRAM CASCADE SCHOOL DISTRICT 5 10226 MARION RD SE TURNER OR 97392 936000973 SCHOOL DISTRICT 25000 WELLNESS PROGRAM LANE COMMUNITY COLLEGE 4000 E 30TH AVE EUGENE OR 97405 930546223 LANE COUNTY 25000 WELLNESS PROGRAM BAKER SCHOOL DIST 5J 2090 FOURTH ST BAKER CITY OR 97814 936000179 SCHOOL DISTRICT 12950 WELLNESS PROGRAM CENTRAL SD 13J 1610 MONMOUTH ST INDEPENDENCE OR 97351 936000869 SCHOOL DISTRICT 25000 WELLNESS PROGRAM JEFFERSON SD 14J 1328 N 2ND ST JEFFERSON OR 97352 936000758 SCHOOL DISTRICT 25000 WELLNESS PROGRAM KLAMATH FALLS CITY 1336 AVALON ST KLAMATH FALLS OR 97603 936000545 MUNICIPALITY 12000 WELLNESS PROGRAM HILLSBORO SCHOOL DISTRICT 3083 NE 49TH AVE 104 HILLSBORO OR 97124 936001037 SCHOOL DISTRICT 25000 WELLNESS PROGRAM JEFFERSON CO SD 509JESD 445 SE BUFF ST MADRAS OR 97741 936000537 SCHOOL DISTRICT 25000 WELLNESS PROGRAM KLAMATH CO SCHOOL DIST 10501 WASHBURN WAY KLAMATH FALLS OR 97603 936000543 SCHOOL DISTRICT 25000 WELLNESS PROGRAM PHOENIX TALENT SD PO BOX 698 PHOENIX OR 97535 936000506 SCHOOL DISTRICT 25000 WELLNESS PROGRAM REEDSPORT SD 05 100 RANCH ROAD REEDSPORT OR 97467 930565903 SCHOOL DISTRICT 25000 WELLNESS PROGRAM SO COAST ESD 1350 TEAKWOOD AVE COOS BAY OR 97420 936000341 SCHOOL DISTRICT 11500 WELLNESS PROGRAM SOUTHERN OREGON ESD 101 N GRAPE ST MEDFORD OR 97501 936008718 SCHOOL DISTRICT 25000 WELLNESS PROGRAM PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: PERIODIC WRITTEN REPORTS TO THE OEA CHOICE TRUST BOARD OF TRUSTEES AT INTERVALS TO BE DESIGNATED BY THE OEA CHOICE TRUST ARE REQUIRED. WITHIN 60 DAYS AFTER THE EXPIRATION OF THE PROGRAM PERIOD (INCLUDING ANY AUTHORIZED EXTENSION), THE GRANTEE SHALL MAKE A FINAL REPORT. ALL OF THESE REPORTS MUST INCLUDE A BUDGET REPORT (DESCRIBING IN DETAIL THE USE OF THE GRANT AWARD) AND AN EVALUATION OF THE PROGRAM'S PROGRESS TO DATE FOLLOWING THE CRITERIA IN THE APPROVED GRANT PROPOSAL. X X 0 0 0 GAIL RASMUSSEN 0 178822 0 0 0 0 0 0 0 0 0 178822 0 0 STEVE MCNANNAY 164584 0 0 0 0 0 742516 0 20828 0 927928 0 0 0 JAMIE MARCY 104258 0 0 0 0 0 45505 0 19394 0 169157 0 0 0 CHANGES IN PROGRAM SERVICES FORM 990, PART III, LINE 3 OEA CHOICE TRUST ("THE PLAN") HISTORICALLY PROVIDED HEALTH AND DEATH BENEFITS TO COVERED EMPLOYEES OF CERTAIN OREGON SCHOOL DISTRICTS. IN 2007, THE OREGON LEGISLATIVE ASSEMBLY PASSED SENATE BILL 426 WHICH ESTABLISHED THE OREGON EDUCATORS BENEFIT BOARD (OEBB) TO CREATE AN INSURANCE POOL FOR EDUCATORS IN THE STATE OF OREGON. UNLESS EXEMPTED BY SENATE BILL 426, AS SCHOOL DISTRICT CONTRACTS WITH THE PLAN EXPIRE THE SCHOOL DISTRICTS ARE REQUIRED TO ENTER THE OEBB INSURANCE POOL WITH THE FIRST ENROLLMENT EFFECTIVE OCTOBER 2008. UNLESS EXEMPTED, ALL SCHOOL DISTRICTS ARE REQUIRED TO BE IN THE OEBB INSURANCE POOL BY OCTOBER 2010. AS A RESULT OF THIS LEGISLATION, CONTRIBUTIONS FROM PARTICIPATING SCHOOL DISTRICTS HAVE DECREASED BY 99% AND 90% FOR THE YEARS ENDING JUNE 30, 2011 AND 2010 RESPECTIVELY. THERE IS NO INTENTION TO TERMINATE THE PLAN; HOWEVER, DUE TO THE NATURE OF SENATE BILL 426, THE PLAN IS UNDERGOING A CHANGE IN ITS NATURE OF OPERATIONS. IN 2009, THE BOARD OF TRUSTEES AND MANAGEMENT COLLECTIVELY DECIDED TO RETURN ALL EXCESS RESERVES AND ASSETS TO THE PLAN MEMBERS, BY MEANS OF GRANTS TO THOSE MEMBERS THROUGH THE WELLNESS GRANT PROGRAM. THE INTENT OF THE PROGRAM IS TO PROVIDE FOR THE CONTINUATION OF MEMBERS' BENEFITS UNTIL ALL ASSETS HAVE BEEN DEPLETED. FORM 990, PART VI, SECTION B, LINE 11 DEPENDING ON THE TIMING OF WHEN THE 990 IS PREPARED AND READILY AVAILABLE FOR REVIEWING THE 990 IS REVIEWED AT THE SCHEDULED BOARD MEETING. IF IT IS NOT POSSIBLE FOR REVIEW AT THE BOARD MEETING DUE TO TIMING OF FINAL PREP AND FILING DEADLINE THEN IT IS DISTRIBUTED VIA SECURE E MAIL TO BOARD MEMBERS FOR REVIEW. A BRIEF OVERVIEW OF THE FILING IS DISCUSSED WITH A QUESTION AND ANSWER PERIOD TO FOLLOW. IT IS PROVIDED TO ALL TRUSTEES, EXECUTIVE DIRECTOR AND OEA EXECUTIVE DIRECTOR FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY WITH BOARD MEMBERS FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE OFFICER'S COMPENSATION IS DETERMINED BY CONTRACT WITH THE BOARD OF DIRECTORS AND THE OREGON EDUCATION ASSOCIATION. KEY EMPLOYEES' COMPENSATION IS SET BY THE EXECUTIVE DIRECTOR WHO UTILIZES THE PORTLAND AREA CROSS INDUSTRY SALARY SURVEY PUBLISHED BY MILLIMAN. FORM 990, PART VI, SECTION C, LINE 18 ANNOUNCEMENT IN OREGON EDUCATION ASSOCIATION MONTHLY MAGAZINE/NEWS LETTER THAT STATES THAT THE RETURNS(FORMS) ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 5,093,654. GAIN ON SUBSIDIARY INCLUDED ON FINANCIAL STATEMENT 110. TOTAL TO FORM 990, PART XI, LINE 5: 5,093,764. OREGON EDUCATION ASSOCIATION 6900 SW ATLANTA ST BLDG 1 TIGARD OR 97223 930243443 TEACHERS UNION OR 501(C)(5) N/A 0 CHOICE BENEFIT ADMINISTRATORS 6900 SW ATLANTA ST BLDG 2 TIGARD OR 97223 930956921 INSURANCE ADMINISTRATOR OR N/A C 110 51460 1.00000 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 OREGON EDUCATION ASSOCIATION J 38700