2011-07-11T16:45:04-07:00 2010-12-31 990 2010-01-01 840955267 Western Guaranty Fund Services WEST 3037595066 1720 South Bellaire Street Suite 408 Denver CO 80222 David C Edwards 3037595066 2011-08-01 2010 2016-02-24 21:20:13Z David Edwards 1720 South Bellaire Street Suite 408 Denver CO 80222 1804501 0 X www.wgfs.org X 1986 CO The organization manages six property and casualty insurance guaranty associations. 6 6 13 0 0 0 0 0 2290832 1804501 0 0 0 0 2290832 1804501 0 0 0 0 1206520 1192617 0 0 0 1084312 611884 2290832 1804501 0 0 762478 539499 762478 539499 0 0 Western Guaranty Fund Services manages six property and casualty insurance guaranty associations. 0 0 1624051 1804501 Western Guaranty Fund Services provides accounting, administration and management for six property and casualty insurance guaranty associations. In total, over 15,700 checks were issued paying over $9 million to claimants and providers during 2010. At year end, there were 720 open claims pending with over $115 million in estimated future claim payments. 0 0 0 1624051 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 13 0 1 13 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 153598 0 27743 Lorraine Segedie 50.0 X 92426 0 17107 246024 0 44850 1 0 1 0 0 0 Member Assessments 541900 1804501 1804501 0 0 0 0 0 0 1804501 0 0 0 0 0 1804501 1804501 0 0 0 0 0 0 0 0 0 0 290874 232699 58175 0 0 0 0 0 646753 646753 0 0 39444 39444 0 0 151630 151630 0 0 63916 51123 12793 0 0 0 0 0 193 193 0 0 12970 12970 0 0 0 0 0 0 0 0 0 0 0 0 26807 26433 374 0 0 0 0 0 58534 52681 5853 0 209283 175891 33392 0 0 0 0 0 105020 94518 10502 0 29683 29683 0 0 0 0 0 0 23749 23749 0 0 0 0 0 0 0 0 0 0 135549 83304 52245 0 6615 0 6615 0 Miscellaneous 1756 1580 176 0 Personal Property Tax 325 0 325 0 Education and Training 1400 1400 0 0 1804501 1624051 180450 0 119196 170036 280293 140425 17937 19535 597196 395297 337448 201899 7604 7604 762478 539499 250030 37600 512448 501899 762478 539499 X 0 0 0 0 0 0 0 0 762478 539499 0 0 X 0 1 1 X 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 597196 395297 201899 0 0 0 0 201899 0 Operating advance from members 501899 501899 1804501 1804501 0 0 0 0 0 0 0 0 1804501 0 0 0 0 0 1804501 0 0 0 1804501 1804501 0 0 0 0 0 1804501 0 0 0 1804501 SchD_P10_S00_L00 Schedule D, Part X Operating advances from member guaranty associations X 1 1 X X 0 0 0 David Edwards 153598 0 0 0 0 0 9463 0 18250 0 181311 0 175514 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. F990_P06_S0B_L11a Form 990, Part VI, Section B, Line 11a 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 Boad of Directors meeting held on December 6 2010. 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.