2022-07-25T13:56:13-05:00 2021-09-30 410746749 CLIFTONLARSONALLEN LLP 901 NORTH GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2020-10-01 136113674 CASUALTY ACTUARIAL SOCIETY CASU 7032763100 4350 N FAIRFAX DRIVE NO 250 ARLINGTON VA 22203 VICTOR R CARTER-BEY CHIEF EXECUTIVE OFFICER 7032763100 2022-07-25 1 VICTOR CARTER-BEY XXX-XX-XXXX J ANDREW SMITH P00635175 5712279500 2022-06-27 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z VICTOR R CARTER-BEY 4350 N FAIRFAX DRIVE NO 250 ARLINGTON VA 22203 19804664 0 X WWW.CASACT.ORG X 1969 IL TO ADVANCE THE BODY OF KNOWLEDGE OF ACTUARIAL SCIENCE APPLIED TO GENERAL INSURANCE. 18 18 46 2953 135436 14458 0 0 11839191 13403345 407469 1808580 13279 11343 12259939 15223268 531225 649661 0 0 5494425 6478995 0 0 0 6964921 5262822 12990571 12391478 -730632 2831790 21062985 25275845 6618957 6252517 14444028 19023328 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 8385 EXAMS IN FY 21 TO EDUCATE STUDENTS ON PROPERTY CASUALTY APPLICATIONS. ONCE THEY HAVE PASSED THE EXAMS, THEY QUALIFY FOR MEMBERSHIP. MEETINGS AND SEMINARS:SPONSORED 2 MEETINGS, 9 SEMINARS, 24 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 0 1 1 0 0 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 18 0 46 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 X TODD P ROGERS 7032763100 4350 N FAIRFAX DRIVE SUITE 250 ARLINGTON VA 22203 VICTOR CARTER-BEY CHIEF EXECUTIVE OFFICER 40.00 2.00 X 495000 0 44890 TODD ROGERS CHIEF FINANCIAL OFFICER 40.00 2.00 X 271430 0 87199 J MICHAEL BOA CHIEF COMMUNICATIONS OFFICER 40.00 2.00 X 253961 0 79544 KENDALL WILLIAMS STAFF ACTUARY 40.00 2.00 X 217412 0 35621 KATHLEEN DEAN DIRECTOR, MEETING SERVICES 40.00 2.00 X 156581 0 49177 BRIAN FANNIN RESEARCH ACTUARY 40.00 2.00 X 169378 0 30950 DAVID CORE DIRECTOR, PROFESSIONAL EDUCATION AND RESEARCH 40.00 2.00 X 137797 0 43774 JESSICA LEONG PRESIDENT 20.00 2.00 X X 495 0 0 KATHERINE ANTONELLO PRESIDENT-ELECT 10.00 2.00 X X 0 0 0 STEVEN ARMSTRONG BOARD CHAIR 5.00 2.00 X X 0 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 JUKENLIS 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 COMMUNICATIONS 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 ERICA SCHURR DIRECTOR 5.00 2.00 X 0 0 0 KUDA CHIBANDA DIRECTOR 5.00 2.00 X 0 0 0 DAVID CUMMINGS 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 STEPHEN MILDENHALL 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 JULIA STENBERG DIRECTOR 5.00 2.00 X 0 0 0 MELISSA TOMITA 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 1702054 0 371155 13 0 1 0 NCS PEARSON INC 13036 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 EXAM TESTING ADMINISTRATION 417365 INTRADO DIGIAL MEDIA LLC PO BOX 74007143 CHICAGO IL 60674 VIRTUAL EVENT PLATFORM AND FACILITATION 225750 GRAVITATE SOLUTIONS LLC 9620 EXACUTIVE CENTER DRIVE NOTH S ST PETERSBURG FL 33702 WEB SERVICES 177069 AMERICAN ACADEMY OF ACTUARIES 1850 M STREET NW STE 300 WASHINGTON DC 20036 ABCD FEES 171821 NETLOGICDC LLC 7550 WISCONSIN AVE B1 BETHESDA MD 20814 IT CONSULTING, DATABASE ADMINISTRATION 139521 7 MEMBERSHIP DUES 511190 5444268 5444268 EXAM INCOME 900099 5341313 5341313 MEETINGS REVENUE 900099 2478620 2478620 ACTUARIAL REVIEW ADVERTISING 541800 97676 97676 WEBSITE ADVERTISING 900004 37760 37760 3708 3708 13403345 366036 366036 6023940 4581396 1442544 1442544 1442544 11343 11343 11343 15223268 14710453 135436 377379 X 97667 551994 955124 4285094 528803 393440 316534 60670 37691 1565046 401622 1436504 433134 181169 601206 67744 112900 RESEARCH FUND 365136 12391478 9656 238910 197672 63912 50669 7323 7170 258874 735641 1066914 797699 308852 269215 20192154 23974240 24542 21062985 25275845 1316902 1540127 3430792 3119173 1871263 1593217 6618957 6252517 X 14444028 19023328 14444028 19023328 21062985 25275845 X 2831790 1353967 393543 X 0 1 X 1 0 0 1 0 515150 281723 233427 551764 515976 35788 269215 ACCRUED PENSION OBLIGATION 1069058 DEFERRED RENT 524159 1593217 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 247796 NORTH AMERICA 0 0 PROGRAM SERVICES AND GRANTS TO RECIPIENTS LOCATED IN REGION. INTERNATIONAL ACTUARIAL ASSOCIATION MEMBERSHIP DUES. 129073 EUROPE 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION. MEMBERSHIP FEE TO PARTICPATE IN THE CERA GLOBAL ASSOCAITION. 23905 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 1 0 DACARE INTERNATIONAL - STAFFING AGENCY WE HAVE A STAFF ACTUARY IN THIS REGION. 151220 2 0 0 0 2 0 551994 0 551994 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. 247796 WIRE EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM MEMBERSHIP FEE TO PARTICIPATE IN THE CERA GLOBAL ASSOCIATION 23905 WIRE NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES INTERNATIONAL ACTUARIAL ASSOCIATION MEMBERSHIP DUES. 129073 WIRE SOUTH ASIA DACARE INTERNATIONAL IS A STAFFING AGENCY TO WHICH WE HAVE A STAFF ACTUARY IN THAT REGION. 151220 WIRE 4 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) 97667 TO PROVIDE FUNDING FOR ADMINISTRATION OF THE FOUNDATION. 1 PART I, LINE 2: FINANCIAL SUPPORT PROVIDED TO THE ACTUARIAL FOUNDATION. CASUALTY ACTUARIAL SOCIETY HAS MEMBERS THAT SERVE ON THE BOARD OF THE ACTUARIAL FOUNDATION. X 1 1 X X X X X 0 0 0 VICTOR CARTER-BEY CHIEF EXECUTIVE OFFICER 395000 0 100000 0 0 0 24770 0 20120 0 539890 0 0 0 TODD ROGERS CHIEF FINANCIAL OFFICER 245930 0 25500 0 0 0 68236 0 18963 0 358629 0 0 0 J MICHAEL BOA CHIEF COMMUNICATIONS OFFICER 230461 0 23500 0 0 0 60720 0 18824 0 333505 0 0 0 KENDALL WILLIAMS STAFF ACTUARY 205412 0 12000 0 0 0 18531 0 17090 0 253033 0 0 0 KATHLEEN DEAN DIRECTOR, MEETING SERVICES 145081 0 11500 0 0 0 31135 0 18042 0 205758 0 0 0 BRIAN FANNIN RESEARCH ACTUARY 162378 0 7000 0 0 0 14245 0 16705 0 200328 0 0 0 DAVID CORE DIRECTOR, PROFESSIONAL EDUCATION AND 129297 0 8500 0 0 0 25883 0 17891 0 181571 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS WAS INCLUDED IN TAXABLE COMPENSATION. JESSICA WENG KAH LEONG - $2,322 STEVEN ARMSTRONG - $6,182 FORM 990, PART VI, SECTION A, LINE 1 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 IX, LINE 11G EXAM CONSULTANTS FEES 230,465. CBT FEES 1,046,767. OTHER CONSULTING FEES 287,814. FORM 990, PART XI, LINE 9: CHANGE IN PENSION LIABILITY 393,543. 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.