2024-08-07T10:41:04-05:00 2023-09-30 410746749 CLIFTONLARSONALLEN LLP 901 NORTH GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2022-10-01 136113674 CASUALTY ACTUARIAL SOCIETY CASU 7032763100 4350 N FAIRFAX DRIVE 250 ARLINGTON VA 22203 VICTOR R CARTER-BEY CHIEF EXECUTIVE OFFICER 7032763100 2024-08-05 1 1 ROBERT WILLIAMS P01345960 5712279500 2024-07-29 2022 2024-08-08 14:25:15Z VICTOR R CARTER-BEY 4350 N FAIRFAX DRIVE 250 ARLINGTON VA 22203 30290785 0 X WWW.CASACT.ORG X 1969 VA TO ADVANCE THE BODY OF KNOWLEDGE OF ACTUARIAL SCIENCE APPLIED TO GENERAL INSURANCE. 24 24 57 2989 157383 35908 0 0 14930364 17354162 1137479 1597126 15174 14737 16083017 18966025 650670 440677 0 0 7403143 8165016 0 0 0 7560618 9066670 15614431 17672363 468586 1293662 23622669 26860194 8107838 8593162 15514831 18267032 X SEE SCHEDULE O.THE PURPOSES OF THE CASUALTY ACTUARIAL SOCIETY ARE TO ADVANCE THE BODY OF KNOWLEDGE OF ACTUARIAL SCIENCE APPLIED TO GENERAL INSURANCE, INCLUDING PROPERTY, CASUALTY AND SIMILAR RISK EXPOSURES; TO EXPAND THE APPLICATION OF ACTUARIAL SCIENCE TO ENTERPRISE RISK AND SYSTEMIC RISKS; TO ESTABLISH AND MAINTAIN STANDARDS OF QUALIFICATION FOR MEMBERSHIP; TO PROMOTE AND MAINTAIN HIGH STANDARDS OF CONDUCT AND COMPETENCE; TO INCREASE AWARENESS OF ACTUARIAL SCIENCE; AND, TO CONTRIBUTE TO THE WELL BEING OF SOCIETY AS A WHOLE. 0 0 0 0 0 EXAMS:SPONSORED ACTUARIAL 7,893 EXAMS IN FY2023 TO EDUCATE STUDENTS ON PROPERTY CASUALTY APPLICATIONS. ONCE THEY HAVE PASSED THE EXAMS, THEY QUALIFY FOR MEMBERSHIP. 0 0 0 MEETINGS AND SEMINARS:SPONSORED 2 MEETINGS, 8 SEMINARS, 24 WEBINARS, AND 7 COURSES ON PROFESSIONALISM TO ADVANCE THE BODY OF ACTUARIAL KNOWLEDGE AND INCREASE THE AWARENESS OF ACTUARIAL SCIENCE. 0 0 0 PUBLICATIONS AND REFERENCE MATERIALS:PRODUCED 6 ISSUES OF ACTUARIAL REVIEW, 2 VARIANCE JOURNALS, SEVERAL WHITE PAPERS, RESEARCH PAPERS, AND MONOGRAPHS TO FURTHER THE KNOWLEDGE AND UNDERSTANDING OF PROPERTY CASUALTY ACTUARIAL PROFESSIONALS AND EXAM APPLICANTS. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 1 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 34 0 1 57 1 1 1 0 0 0 0 0 0 0 X 24 24 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 0 0 X TODD P ROGERS 7032763100 4350 N FAIRFAX DRIVE STE 250 ARLINGTON VA 22203 KATHERINE ANTONELLO BOARD CHAIR 20.00 2.00 X X 0 0 0 ROOSEVELT MOSLEY PRESIDENT 10.00 2.00 X X 8667 0 0 FRANK CHANG PRESIDENT-ELECT 10.00 2.00 X X 0 0 0 STEVE BELDEN DIRECTOR 5.00 2.00 X 0 0 0 JUSTIN BRENDEN DIRECTOR 5.00 2.00 X 0 0 0 KRIS DEFRAIN DIRECTOR 5.00 2.00 X 0 0 0 BRIAN DUPPERREAULT DIRECTOR 5.00 2.00 X 0 0 0 STEPHANIE ESPY DIRECTOR 5.00 2.00 X 0 0 0 JULIE LEDERER DIRECTOR 5.00 2.00 X 0 0 0 LEN LLAGUNO DIRECTOR 5.00 2.00 X 0 0 0 ALEJANDRA NOLIBOS DIRECTOR 5.00 2.00 X 0 0 0 KATHY OLCESE DIRECTOR 5.00 2.00 X 0 0 0 YVONNE PALM DIRECTOR 5.00 2.00 X 0 0 0 AMBER ROHDE DIRECTOR 5.00 2.00 X 0 0 0 JASON RUSS DIRECTOR 5.00 2.00 X 0 0 0 ERIKA SCHURR DIRECTOR 5.00 2.00 X 0 0 0 ALICIA SPEIGHT DIRECTOR 5.00 2.00 X 0 0 0 GEOFF WERNER DIRECTOR 5.00 2.00 X 0 0 0 ANTHONY BUSTILLO VP-PROFESSIONAL EDUCATION 5.00 0.00 X 0 0 0 KENDRA FELISKY VP-INTERNATIONAL 5.00 0.00 X 0 0 0 MARY HOSFORD VP-ADMINISTRATION 5.00 0.00 X 0 0 0 KIM GUERRIERO VP-MARKETING & COMMUNICATIONS 5.00 0.00 X 0 0 0 JIM WEISS VP-RESEARCH & DEVELOPMENT 5.00 0.00 X 0 0 0 WILLIAM WILDER VP-ADMISSIONS 5.00 0.00 X 0 0 0 VICTOR CARTER-BEY CHIEF EXECUTIVE OFFICER 40.00 2.00 X 483750 0 95413 TODD ROGERS CHIEF FINANCIAL OFFICER 40.00 2.00 X 293968 0 90590 JOYCE NEVEROV CHIEF BUSINESS OFFICER 40.00 0.00 X 169000 0 21110 ALICIA BURKE ICAS DIR. 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THE ORGANIZATION HAS EVALUATED THEIR TAX POSITIONS AND DETERMINED THAT THEIR POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED ON EXAMINATION. 1 EAST ASIA AND THE PACIFIC 0 2 GRANTS TO RECIPIENTS AND PROGRAM SERVICES MEMBER SERVICES, EXAM ADMINISTRATION AND PROFESSIONAL EDUCATION, STAFF ACTUARY SUPPORT 300497 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS REGIONAL ACTUARIAL CONFERENCE SPONSORSHIP, ACTUARIAL RESEARCH 17043 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS AND PROGRAM SERVICES INTERNATIONAL ACTUARIAL ASSOCIATION MEMBERSHIP DUES, RESEARCH, ACTUARIAL ORGANIZATION SUPPORT 180261 EUROPE 0 0 GRANTS TO RECIPIENTS AND PROGRAM SERVICES MEMBERSHIP FEE TO PARTICIPATE IN CERA GLOBAL ASSOCIATION, ACTUARIAL RESEARCH, PAYROLL CONTRACTOR FOR ASIA DIRECTOR 71565 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS AND PROGRAM SERVICES ACTUARIAL RESEARCH 18351 0 2 0 0 0 2 587717 0 587717 EAST ASIA AND THE PACIFIC SPONSORSHIP SUPPORT OF THE ORGANIZATION 67074 WIRE 0 N/A N/A EAST ASIA AND THE PACIFIC SPONSORSHIP OF THE EVENTS IN THE REGION 7832 WIRE 0 N/A N/A EUROPE RESEARCH 10500 WIRE 0 N/A N/A NORTH AMERICA ORGANIZATIONAL SUPPORT TO ADVANCE ACTUARIAL SCIENCE 12907 WIRE 0 N/A N/A SOUTH ASIA EVENT SPONSORSHIP 11543 WIRE 0 N/A N/A 0 5 RESEARCH EUROPE 3 24000 WIRE TRANSFER N/A N/A RESEARCH SUB-SAHARAN AFRICA 2 18351 WIRE TRANSFER N/A N/A RESEARCH EAST ASIA AND THE PACIFIC 1 5500 WIRE TRANSFER N/A N/A 0 0 0 0 0 0 PART I, LINE 2: RESEARCH GRANTS ARE ACTIVELY MONITORED PER MILESTONES/DELIVERABLES IN THE RFP. OTHER GRANTS (CERA, HONG KONG OFFICE), WE ACTIVELY MANAGE DAY-TO-DAY ACTIVITIES AND/OR HAVE A CAS REPRESENTATIVE ACTIVE ON THE ORGANIZATIONS BOARD OF DIRECTORS. PART III ACCOUNTING METHOD: 1 THE ACTUARIAL FOUNDATION 475 NORTH MARTINGALE ROAD SUITE 600 SCHAUMBURG IL 60173 363968441 501(C)(3) 40000 0 N/A N/A TO PROVIDE FUNDING FOR ADMINISTRATION OF THE FOUNDATION. INTERNATIONAL ASSOCIATION OF BLACK ACTUARIES INC PO BOX 270701 WEST HARTFORD CT 06127 364305164 501(C)(3) 32500 0 N/A N/A TO PROVIDE FUNDING FOR ADMINISTRATION OF THE ASSOCIATION ORGANIZATION OF LATINO ACTUARIES 200 EAST RANDOLPH STREETSTE 5100 CHICAGO IL 60601 822323567 501(C)(3) 20000 0 N/A N/A TO PROVIDE FUNDING FOR ADMINISTRATION OF THE ORGANIZATION. SOA RESEARCH INSTITUTE PO BOX 95600 CHICAGO IL 60694 362136422 501(C)(3) 44500 0 N/A N/A ACTUARIAL RESEARCH INSURANCE INFORMATION INSTITUTE 720 PROVIDENCE ROAD SUITE 100 ATTN ACCOUNTS RECEIVABLES MALVERN PA 19355 131912455 501(C)(6) 30000 0 N/A N/A ACTUARIAL RESEARCH PURDUE UNIVERSITY 2550 NORTHWESTERN AVE SUITE 1100 WEST LAFAYETTE IN 479061332 356002041 501(C)(3) 16000 0 N/A N/A ACTUARIAL RESEARCH MILLIMAN INC 650 CALIFORNIA STREET 21ST FLOOR SAN FRANCISCO CA 94108 910675641 OTHER 12500 0 N/A N/A ACTUARIAL RESEARCH MIDDLE TENNESSEE STATE UNIVERSITY 1301 EAST MAIN STREET BOX22 MURFREESBORO TN 37132 626005794 GOV'T 11250 0 N/A N/A ACTUARIAL RESEARCH UNIVERSITY OF MARYLAND CENTER FOR ENVIRONMENTAL SCIENCE COMPTROLLERS OFFICE P O BOX 775 CAMBRIDGE MD 216130775 526002033 GOV'T 7428 0 N/A N/A ACTUARIAL RESEARCH ILLINOIS STATE UNIVERSITY CAMPUS BOX 3040 NORMAL IL 617903040 376014070 GOV'T 6342 0 N/A N/A ACTUARIAL RESEARCH BENTLEY UNIVERSITY ATTN NYUDLIA ARAEVA 175 FOREST STREET WALTHAM MA 02452 041081650 501(C)(3) 6000 0 N/A N/A ACTUARIAL RESEARCH 9 2 RESEARCH GRANT 3 46450 N/A N/A PART I, LINE 2: RESEARCH GRANTS ARE ISSUED BASED ON CONTRACTS WITH CAS THAT SPECIFY MILESTONES AND DELIVERABLES. 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X 1 1 X X X X X 0 0 0 VICTOR CARTER-BEY CHIEF EXECUTIVE OFFICER 483750 0 0 0 0 0 29385 0 66028 0 579163 0 0 0 TODD ROGERS CHIEF FINANCIAL OFFICER 268768 0 25200 0 0 0 64960 0 25630 0 384558 0 0 0 J MICHAEL BOA CHIEF COMMUNICATIONS OFFICER 251861 0 22800 0 0 0 45713 0 15477 0 335851 0 0 0 KENDALL WILLIAMS STAFF ACTUARY 224487 0 19000 0 0 0 21821 0 21335 0 286643 0 0 0 JOHN KLEINE CHIEF GROWTH AND PRODUCT OFFICER 208751 0 17600 0 0 0 20148 0 20027 0 266526 0 0 0 KATHLEEN DEAN DIRECTOR, MEETING SERVICES 159069 0 10200 0 0 0 31261 0 24255 0 224785 0 0 0 BRIAN FANNIN RESEARCH ACTUARY 177182 0 9300 0 0 0 16867 0 16835 0 220184 0 0 0 JOYCE NEVEROV CHIEF BUSINESS OFFICER 147000 0 22000 0 0 0 20049 0 1061 0 190110 0 0 0 ALICIA BURKE ICAS DIR. OF PORTFOLIO & PRODUCT DEV 142408 0 9800 0 0 0 15965 0 6340 0 174513 0 0 0 PART I, LINE 1A THE PRESIDENT AND PRESIDENT-ELECT GET TO BRING A SPOUSE TO THE MEETINGS, WHICH HAS BEEN CUSTOMARY. TRAVEL FOR COMPANION WAS INCLUDED IN TAXABLE COMPENSATION FOR THE FOLLOWING INDIVIDUAL: ROOSEVELT MOSLEY. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD DELEGATED THE REVIEW OF THE 990 TO THE CAS AUDIT COMMITTEE. THE AUDIT COMMITTEE REPORTS TO THE CAS BOARD OF DIRECTORS, AND HAS AT LEAST 3 BOARD MEMBERS ON IT. THE BOARD DELEGATED THE FOLLOWING BOARD DUTIES TO THE EXECUTIVE COUNCIL: PRESCRIBE ADMISSION REQUIREMENTS, ADMIT NEW MEMBERS, AUTHORIZE THE CREATION AND DISCHARGE OF COMMITTEES, CALL MEETINGS OF THE CAS AND THE CAS INSTITUTE, ACT ON APPLICATIONS TO CREATE REGIONAL AFFILIATES, ACT ON APPLICATIONS TO CREATE SPECIAL INTEREST SECTIONS, AND APPROVE THE PRESIDENT'S POSITION DESCRIPTION. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS FELLOWS, ASSOCIATE AND AFFILIATE MEMBERS. FELLOWS ARE ELIGIBLE TO VOTE, HOLD OFFICE, MAKE NOMINATIONS, AND GENERALLY EXERCISE THE RIGHTS OF FULL MEMBERSHIP. ASSOCIATE MEMBERS OVER FIVE YEARS ARE ELIGIBLE TO VOTE IN ELECTIONS. ASSOCIATE MEMBERS ARE ENTITLED TO ATTEND MEETINGS AND PARTICIPATE IN SOCIETY FUNCTIONS. AFFILIATE MEMBERS SUPPORT THE MISSION AND ACTIVITIES OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A FELLOW MEMBERS CAN VOTE FOR PRESIDENT-ELECT AND DIRECTORS, AND ON BYLAWS AND CONSTITUTION CHANGES. ASSOCIATE MEMBERS THAT HAVE BEEN MEMBERS FOR OVER FIVE YEARS CAN VOTE FOR PRESIDENT-ELECT AND DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO CONSTITUTION AND BYLAWS NEED TO BE APPROVED BY VOTE FROM FELLOW MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD DELEGATES THE REVIEW AND APPROVAL OF 990 FORMS TO AUDIT COMMITTEE. THE BOARD REVIEWS THE FORM AFTER IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE REQUIRED OF ALL BOARD MEMBERS, EXECUTIVE COUNCIL MEMBERS, AND KEY STAFF MEMBERS. STATEMENTS ARE UPDATED ANNUALLY. GENERALLY IF THERE IS A CONFLICT OF INTEREST, THAT PERSON WILL BE RECUSED FROM DECISION MAKING/VOTING. THE BOARD CHAIR MONITORS THE CONFLICT OF INTEREST POLICY FOR BOARD MEMBERS. IF A CONFLICT IS IDENTIFIED THAT BOARD MEMBER WILL RECUSE THEMSELVES FROM DISCUSSIONS AND VOTES. FORM 990, PART VI, SECTION B, LINE 15A CEO COMPENSATION IS SET BY THE PRESIDENT, PRESIDENT-ELECT AND BOARD CHAIR. MERIT INCREASES AND BONUSES ARE PERFORMANCEBASED AND DIRECTLY TIED TO ACCOMPLISHING GOALS AGREED TO AT THE BEGINNING OF THE YEAR. CEO SALARY IS VALIDATED AGAINST SIMILAR TYPE ORGANIZATIONS/POSITIONS USING SALARY SURVEYS. OTHER COMPENSATION IS VALIDATED AGAINST SIMILAR TYPE ORGANIZATIONS/POSITIONS USING SALARY SURVEYS AND INDEPENDENT COMPENSATION/BENEFIT REVIEWS ARE CONDUCTED EVERY 5 YEARS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2021. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE POSTED ON THE CASUALTY ACTUARIAL SOCIETY (CAS) WEBSITE. ANNUAL FINANCIALS ARE ALSO PUBLISHED IN CAS ANNUAL REPORT AND AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN PENSION LIABILITY 265,848. CAS INSTITUTE 4350 NORTH FAIRFAX DRIVE SUITE 250 ARLINGTON VA 22203 132967185 PROVIDE PREMIER SPECIALTY CREDENTIALING & PROF EDU TO TECHNICAL SPECIALISTS. VA 0 0 CASUALTY ACTUARIAL SOCIETY CASUALTY ACTUARIAL SOCIETY TRUST 4350 N FAIRFAX DRIVE SUITE 250 ARLINGTON VA 22203 132967185 SEE PART VII VA 501(C)(3) LINE 12A, I CASUALTY ACTUARIAL SOCIETY 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 SCHEDULE R, PART II, COLUMN (B) CASUALTY ACTUARIAL SOCIETY TRUST'S PRIMARY ACTIVITY: PROVIDE FUNDS FOR SCHOLARSHIPS, RESEARCH GRANTS, AND MAINTAIN REFERENCE BOOKS AND OTHER MATERIALS PERTAINING TO ACTUARIAL SCIENCE.