2012-06-07T17:56:49-07:00 2011-12-31 990 2011-01-01 840955267 WESTERN GUARANTY FUND SERVICES WEST 3037595066 1720 South Bellaire Street Suite 408 Denver CO 80222 David C Edwards 3037595066 2012-05-31 2011 2016-02-24 21:20:13Z David C Edwards 1720 South Bellaire Street Suite 408 Denver CO 80222 1682570 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 1804501 1682570 0 0 0 0 1804501 1682570 0 0 0 0 1192617 1220309 0 0 0 611884 462261 1804501 1682570 0 0 539499 456283 539499 456283 0 0 Western Guaranty Fund Services manages six property and casualty insurance guaranty associations. 0 0 1514313 0 1682570 Western Guaranty Fund Services provides accounting, administration and management for six property and casualty insurance guaranty associations. In total, over 14,200 checks were issued paying over $10 million to claimants and providers during 2011. At year end, there were 649 open claims with over $119 million in estimated future claim payments. 0 0 0 1514313 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 0 1 25 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 1.0 X 0 0 0 Brandon LaSalle 1.0 X 0 0 0 Gary Robb 1.0 X 0 0 0 Richard Wilborn 1.0 X 0 0 0 Terry L Hunt 1.0 X 0 0 0 Elizabeth Moceri 1.0 X 0 0 0 David Edwards 60.0 X 155743 0 29161 Lorraine Segedie 50.0 X 96096 0 18087 251839 0 47248 1 0 1 0 SM Brell II LP Tower CO Tower Colorado Management Office 1720 S Bellaire Street Suite 106 Denver CO 80222 Rent 106937 1 0 Member Assessments 541900 1682570 1682570 0 0 0 0 0 0 1682570 0 0 0 0 0 1682570 1682570 0 0 0 0 0 0 0 0 0 0 299087 239270 59817 0 0 0 0 0 677649 677649 0 0 36916 36916 0 0 135113 135113 0 0 71544 57235 14309 0 0 0 0 0 0 0 0 0 14927 14927 0 0 0 0 0 0 0 0 0 0 0 0 15887 14642 1245 0 0 0 0 0 55783 50205 5578 0 52933 44993 7940 0 0 0 0 0 106937 96243 10694 0 31050 31050 0 0 0 0 0 0 17619 17619 0 0 0 0 0 0 0 0 0 0 118663 71200 47463 0 7534 0 7534 0 Miscellaneous 2296 2067 229 0 Personal Property Tax 969 0 969 0 Sales and Use Taxes 36729 24250 12479 0 Education and Training 934 934 0 0 1682570 1514313 168257 0 170036 124337 140425 195361 19535 16362 626580 513961 201899 112619 7604 7604 539499 456283 37600 43664 501899 412619 539499 456283 X 0 0 0 0 0 0 0 0 539499 456283 0 0 X 0 1 1 X 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 626580 513961 112619 0 0 0 0 112619 0 Operating advance from members 412619 412619 1682570 1682570 0 0 0 0 0 0 0 0 1682570 0 0 0 0 0 1682570 0 0 0 1682570 1682570 0 0 0 0 0 1682570 0 0 0 1682570 SchD_P10_S00_L01 Schedule D, Part X, Line 1 Operating advances from member guaranty associations. X 1 1 X X 0 0 0 David Edwards 155743 0 0 0 0 0 9590 0 19571 0 184904 0 181311 0 SchJ_P01_S00_L01a 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. F990_P06_S0A_L06 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. F990_P06_S0A_L07a 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). F990_P06_S0A_L07b 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. F990_P06_S0B_L11b 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 emailed to the board of directors prior to filing. F990_P06_S0B_L12c 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. F990_P06_S0B_L15 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 5, 2011. F990_P06_S0C_L19 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 an extention on form 8868.