2023-08-11T07:34:09-05:00 2022-09-30 410746749 CLIFTONLARSONALLEN LLP 901 NORTH GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2021-10-01 136113674 CASUALTY ACTUARIAL SOCIETY CASU 7032763100 4350 N FAIRFAX DRIVE 250 ARLINGTON VA 22203 VICTOR R CARTER-BEY CHIEF EXECUTIVE OFFICER 7032763100 2023-08-08 1 VICTOR CARTER-BEY XXX-XX-XXXX ROBERT WILLIAMS P01345960 5712279500 2023-08-08 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z VICTOR R CARTER-BEY 4350 N FAIRFAX DRIVE 250 ARLINGTON VA 22203 26621526 0 X WWW.CASACT.ORG X 1969 IL TO ADVANCE THE BODY OF KNOWLEDGE OF ACTUARIAL SCIENCE APPLIED TO GENERAL INSURANCE. 18 18 50 2968 149929 20941 0 0 13403345 14930364 1808580 1137479 11343 15174 15223268 16083017 649661 650670 0 0 6478995 7403143 0 0 0 5262822 7560618 12391478 15614431 2831790 468586 25275845 23622669 6252517 8107838 19023328 15514831 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 EXAMS:SPONSORED 7,168 EXAMS IN FY 22 TO EDUCATE STUDENTS ON PROPERTY CASUALTY APPLICATIONS. ONCE THEY HAVE PASSED THE EXAMS, THEY QUALIFY FOR MEMBERSHIP. MEETINGS AND SEMINARS:SPONSORED 2 MEETINGS, 8 SEMINARS, 25 WEBINARS, AND 7 COURSES ON PROFESSIONALISM TO ADVANCE THE BODY OF ACTUARIAL KNOWLEDGE AND INCREASE THE AWARENESS OF ACTUARIAL SCIENCE. 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 PROFESSSIONALS AND EXAM APPLICANTS. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 24 0 50 1 1 1 0 0 0 0 0 0 0 X 18 18 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 X TODD P ROGERS 7035621720 4350 N FAIRFAX DRIVE SUITE 250 ARLINGTON VA 22203 VICTOR CARTER-BEY CHIEF EXECUTIVE OFFICER 40.00 2.00 X 458058 0 48966 TODD ROGERS CHIEF FINANCIAL OFFICER 40.00 2.00 X 289997 0 106809 J MICHAEL BOA CHIEF COMMUNICATIONS OFFIC 40.00 2.00 X 270831 0 87436 KENDALL WILLIAMS STAFF ACTUARY 40.00 2.00 X 226656 0 40071 BRIAN FANNIN RESEARCH ACTUARY 40.00 2.00 X 177737 0 31527 KATHLEEN DEAN DIRECTOR, MEETING SERVICES 40.00 2.00 X 164719 0 60230 JOHN KLEINE CHIEF GROWTH AND PRODUCT OFFICER 40.00 2.00 X 125835 0 37002 KATHERINE ANTONELLO PRESIDENT 20.00 2.00 X X 0 0 0 ROOSEVELT MOSLEY PRESIDENT-ELECT 10.00 2.00 X X 0 0 0 JESSICA LEONG BOARD CHAIR 5.00 2.00 X X 1111 0 0 WILLIAM WILDER VP-ADMISSIONS 10.00 2.00 X X 0 0 0 MARY HOSFORD VP-ADMINISTRATION 10.00 2.00 X X 0 0 0 AMY JUKNELIS VP-PROFESSIONAL EDUCATION 10.00 2.00 X X 0 0 0 JIM WEISS VP-RESEARCH 10.00 2.00 X X 0 0 0 KIM GUERRIERO VP-MARKETING AND COMMUNICA 10.00 2.00 X X 0 0 0 KENDRA FELISKY VP-INTERNATIONAL 10.00 2.00 X X 0 0 0 GEOFF WERNER DIRECTOR 5.00 2.00 X 0 0 0 ERIKA SCHURR DIRECTOR 5.00 2.00 X 0 0 0 KUDA CHIBANDA DIRECTOR 5.00 2.00 X 0 0 0 TODD LEHMANN DIRECTOR 5.00 2.00 X 0 0 0 ALEJANDRA NOLIBOS DIRECTOR 5.00 2.00 X 0 0 0 MARY FRANCES MILLER DIRECTOR 5.00 2.00 X 0 0 0 SEAN KEVELIGHAN DIRECTOR 5.00 2.00 X 0 0 0 KATHY ODOMIROK DIRECTOR 5.00 2.00 X 0 0 0 JODIE SLAUGHTER DIRECTOR 5.00 2.00 X 0 0 0 KRIS DEFRAIN DIRECTOR 5.00 2.00 X 0 0 0 TALITHIA WILLIAMS DIRECTOR 5.00 2.00 X 0 0 0 JUSTIN BRENDEN 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 JASON RUSS DIRECTOR 5.00 2.00 X 0 0 0 1714944 0 412041 16 0 1 0 NCS PEARSON INC 13036 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 EXAM TESTING ADMINISTRATION 830139 AMERICAN ACADEMY OF ACTUARIES 1850 M STREET NW STE 300 WASHINGTON DC 20036 ABCD FEES 171820 INTRADO DIGIAL MEDIA LLC PO BOX 74007143 CHICAGO IL 60674 VIRTUAL EVENT PLATFORM AND FACILITATION 148983 NETLOGICDC LLC 7550 WISCONSIN AVE B1 BETHESDA MD 20814 IT CONSULTING, DATABASE ADMINISTRATION 145909 GRAVITATE SOLUTIONS LLC 9620 EXEC CTR DR N STE 200 ST PETERSBURG FL 33702 WEB SERVICES 144618 7 MEMBERSHIP DUES 511190 5660718 5660718 EXAM INCOME 900099 4867455 4867455 MEETINGS REVENUE 900099 4245269 4245269 ACTUARIAL REVIEW ADVERTISING 541800 105650 105650 WEBSITE ADVERTISING 900099 44279 44279 6993 6993 14930364 455157 455157 11220831 10538509 682322 682322 682322 15174 15174 15174 16083017 14780435 149929 1152653 152660 498010 988076 5028800 507395 505661 373211 62576 46980 1339731 375472 1592260 405568 666060 1060438 1370 72290 137938 MEALS AND ENTERTAINMENT 1527151 RESEARCH / OTHER 272784 15614431 238910 456867 50669 113334 7170 6650 735641 440200 1078010 850623 269215 227387 23974240 20941333 0 1436898 25275845 23622669 1540127 2055947 3119173 3430640 1593217 2621251 6252517 8107838 X 19023328 15514831 19023328 15514831 25275845 23622669 X 468586 -4352318 375235 X 0 1 X 1 0 0 1 0 515150 330019 185131 562860 520604 42256 227387 RIGHT OF USE ASSET 1436898 1436898 ACCRUED PENSION OBLIGATION 745569 DEFERRED RENT 1875682 2621251 X PART X, LINE 2: THE SOCIETY IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. HOWEVER, THE SOCIETY IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON ITS UNRELATED BUSINESS INCOME. THE ORGANIZATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE ORGANIZATION HAS EVALUATED THEIR TAX POSITIONS AND DETERMINED THAT THEIR POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED ON EXAMINATION. 0 EAST ASIA & THE PACIFIC 1 0 PROGRAM SERVICES AND GRANTS TO RECIPIENTS LOCATED IN REGION. MEMBER SERVICES, EXAM ADMINISTRATION AND PROFESSIONAL EDUCATION 99892 NORTH AMERICA 0 0 PROGRAM SERVICES AND GRANTS TO RECIPIENTS LOCATED IN REGION. INTERNATIONAL ACTUARIAL ASSOCIATION MEMBERSHIP DUES. 151928 EUROPE 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION. MEMBERSHIP FEE TO PARTICPATE IN THE CERA GLOBAL ASSOCAITION. 32000 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 1 0 DACARE INTERNATIONAL - STAFFING AGENCY WE HAVE A STAFF ACTUARY IN THIS REGION, REGIONAL ACTUARIAL CONFERENCE SPONSORSHIPS. 198190 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION. ACTUARIAL RESEARCH 16000 2 0 0 0 2 0 498010 0 498010 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, FINANCIAL SUPPORT FOR JOINT HONG KONG OFFICE TO BETTER SERVE OUR CANDIDATES / MEMBERS IN THAT REGION. 99892 WIRE 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM MEMBERSHIP FEE TO PARTICIPATE IN THE CERA GLOBAL ASSOCIATION 15500 WIRE 0 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES INTERNATIONAL ACTUARIAL ASSOCIATION MEMBERSHIP DUES. 138500 WIRE 0 SOUTH ASIA DACARE INTERNATIONAL IS A STAFFING AGENCY TO WHICH WE HAVE A STAFF ACTUARY IN THAT REGION. 165396 WIRE 0 SOUTH ASIA ASIAN ACTUARIAL CONFERENCE SPONSORSHIP 14472 WIRE 0 SOUTH ASIA ACTUARIAL CONFERENCE SPONSORSHIP 9875 WIRE 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM ACTUARIAL RESEARCH PROJECT 6500 WIRE 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM ACTUARIAL RESEARCH PROJECT 10000 WIRE 0 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES ACTUARIAL ORGANIZATIONAL SUPPORT 13428 WIRE 0 SOUTH ASIA SINGAPORE ACTUARIAL SOCIETY SPONSORSHIP 8447 WIRE 0 SUB-SAHARAN AFRICA ACTUARIAL RESEARCH 16000 WIRE 0 0 11 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) 102660 0 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) 30000 0 TO PROVIDE FUNDING FOR ADMINISTRATION OF THE ASSOCIATION ORGANIZATION OF LATINO ACTUARIES PO BOX 6403 CHICAGO IL 60606 822323567 501(C)(3) 20000 0 TO PROVIDE FUNDING FOR ADMINISTRATION OF THE ORGANIZATION. 3 0 PART I, LINE 2: FINANCIAL SUPPORT PROVIDED TO THE ACTUARIAL FOUNDATION, THE INTERNATIONAL ASSOCIATION OF BLACK ACTUARIES AND THE ORGANIZATION OF LATINO ACTUARIES. CASUALTY ACTUARIAL SOCIETY HAS MEMBERS THAT SERVE ON THE BOARD OF THESE 501(C)(3) TAX-EXEMPT ORGANIZATIONS. X 1 1 X X X X X 0 0 0 VICTOR CARTER-BEY CHIEF EXECUTIVE OFFICER 398808 0 59250 0 0 0 26210 0 22756 0 507024 0 0 0 TODD ROGERS CHIEF FINANCIAL OFFICER 256997 0 33000 0 0 0 80104 0 26705 0 396806 0 0 0 J MICHAEL BOA CHIEF COMMUNICATIONS OFFIC 240831 0 30000 0 0 0 70611 0 16825 0 358267 0 0 0 KENDALL WILLIAMS STAFF ACTUARY 214656 0 12000 0 0 0 19077 0 20994 0 266727 0 0 0 BRIAN FANNIN RESEARCH ACTUARY 170237 0 7500 0 0 0 14791 0 16736 0 209264 0 0 0 KATHLEEN DEAN DIRECTOR, MEETING SERVICES 152219 0 12500 0 0 0 35951 0 24279 0 224949 0 0 0 JOHN KLEINE CHIEF GROWTH AND PRODUCT OFFICER 113835 0 12000 0 0 0 17622 0 19380 0 162837 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS WAS INCLUDED IN TAXABLE COMPENSATION FOR THE FOLLOWING INDIVIDUAL: JESSICA WENG KAH LEONG 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 CAS MANAGEMENT REVIEWS THE 990 WITH THE CEO SIGNING THE RETURNS EACH YEAR. THE CAS BOARD HAS DELEGATED THE REVIEW OF THE 990 TO THE CAS AUDIT COMMITTEE, A COMMITTEE REPORTING TO THE BOARD AND STAFFED BY AT LEAST 3 BOARD MEMBERS. 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. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS 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 375,235. CAS INSTITUTE 4350 NORTH FAIRFAX DRIVE SUITE 250 ARLINGTON VA 22203 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.