2022-10-12T15:35:29-07:00 2021-12-31 990 2021-01-01 237131460 UNITED TRANSPORTATION UNION INSURANCE ASSOCIATION UNIT 2162275293 6060 Rockside Woods Blvd N Ste 220 Independence OH 44131 Jeffery Becker Secretary/Treasurer 2162275293 2022-10-12 1 11 0 AAL2 2021 2022-09-23 18:48:47Z X Jeffery A Becker 6060 Rockside Woods Blvd N Suite 220 Independence OH 44131 20187973 0 X utuia.org X Not for Profit 1970 OH Fraternal benefit society serving our members with various insurance products and fraternal benefits. 24 24 31 11 0 0 0 0 12823006 10003176 9361125 9579704 5606 605093 22189737 20187973 340695 332111 13449803 10871911 4235730 4211628 0 0 0 2279462 2461987 20305690 17877637 1884047 2310336 229028673 229446528 168484416 162540358 60544257 66906170 PROVIDE LIFE, ACCIDENTAL DEATH AND DISABILITY AND ANNUITY POLICIES TO MEMBERS OF THE UNITED TRANSPORTATION UNION INSURANCE ASSOCIATION AND WORKERS IN THE TRANSPORTATION INDUSTRIES. 0 0 17877637 282000 20187973 PROVIDE LIFE, ACCIDENTAL DEATH AND DISABILITY AND ANNUITY PRODUCTS TO MEMBERS OF THE UNITED TRANSPORTATION UNION INSURANCE ASSOCIATION AND WORKERS IN THE TRANSPORTATION INDUSTRY 0 0 0 17877637 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 93 0 1 31 1 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X Jeffery Becker 2162275293 6060 Rockside Woods Blvd N Suite 220 Independence OH 44131 Kenneth Laugel President 40 0 X 288153 0 34908 Jeffery Becker Secretary/Treasurer 40 0 X 200682 0 24411 Ronald Steiger IT Director 40 0 X 133515 0 16133 David Liddle Regional Insurance Manager 40 0 X 129010 0 11999 Beth Centlivre In-house Actuary 24 0 X 102668 0 12082 Richard Kusnic Director 1.5 X 55000 0 0 Nicholas DiCicco Jr Director 1.0 0 X 50000 0 0 Stephen J Vamos III Director 1.5 0 X 48000 0 0 Patrick Sullivan Director 1.0 0 X 40000 0 0 Doyle Turner Director 1.0 0 X 18960 0 0 Troy Johnson Director 1.0 0 X 11880 0 0 Jeremy Ferguson Chairman of the Board 4.0 0 X 0 0 0 Gregory Hynes Director 1 0 X 0 0 0 1077868 0 99533 5 0 1 0 United Healthcare PO Box 416982 Boston MA 02241 Employee medical insurance 1069568 JP Morgan Investment Services 575 WASHINGTON BLVD JERSEY CITY NJ 07310 INVESTMENT SERVICES 225374 MILLER & NEWBERG INC 7304 W 130TH STREET SUITE 370 OVERLAND PARK KS 66213 ACTURIAL SERVICES 192797 OPTIMUM RE INSURANCE CO Administration Department P O Box 660010 Dallas TX 75266 Reinsurer 184944 RGA Reinsurance Company PO Box 502192 St Louis MO 631502192 Reinsurance 155837 7 0 10003176 10003176 10003176 8925480 8925480 654224 654224 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 605093 605093 0 0 605093 20187973 20187973 0 0 0 0 332111 332111 0 0 10871911 10871911 764135 764135 1912958 1912958 231797 231797 1156506 1156506 146232 146232 36774 36774 89097 89097 0 0 473658 473658 437528 437528 6087 6087 452137 452137 260282 260282 200177 200177 261326 261326 11191 11191 83703 83703 102870 102870 Miscellaneous Expense 7568 7568 0 0 Charitable Donations 9402 9402 0 0 Filing Fees 30187 30187 0 0 17877637 17877637 0 0 208768 339798 14626510 1956882 0 0 152845 95258 0 0 0 0 0 0 0 0 0 0 49964 24982 108684 24982 208254728 221752111 0 0 0 5677138 5277497 229028673 229446528 2921889 2421708 0 0 0 0 0 0 0 165562527 160118650 168484416 162540358 X 0 0 0 0 60544257 66906170 60544257 66906170 229028673 229446528 X 2310336 2285536 0 0 0 1766041 X 1 X 1 X 1 0 0 0 0 0 0 0 0 0 0 0 0 0 49964 24982 24982 0 0 0 0 24982 Certificate Reserves 153409184 Interest Maintenance Reserve 2337578 Asset Valuation Reserve 4371888 160118650 19714315 0 0 0 0 0 19714315 473658 0 473658 20187973 17403979 0 0 0 0 0 17403979 473658 0 473658 17877637 1 Scholarships of $2,000 are made payable to the educational institution on behalf of each recipient (student). There were 141 scholarships distributed in year 2021. 141 2000 0 Book Value Not applicable Schedule I, Part I, Line 2 Scholarships of $2,000 are made payable to the educational institution on behalf of each recipient (student). There were 141 scholarships payments distributed in year 2021. X X 0 0 0 Jeremy Ferguson Chairman of the Board 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Gregory Hynes Director 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Troy Johnson Director 11880 0 0 0 0 0 0 0 0 0 11880 0 0 0 Doyle Turner Director 18960 0 0 0 0 0 0 0 0 0 18960 0 0 0 Richard Kusnic Director 55000 0 0 0 0 0 0 0 0 0 55000 0 0 0 Nicholas DiCicco Jr Director 50000 0 0 0 0 0 0 0 0 0 50000 0 0 0 Patrick Sullivan Director 40000 0 0 0 0 0 0 0 0 0 40000 0 0 0 Stephen J Vamos III Director 48000 0 0 0 0 0 0 0 0 0 48000 0 0 0 Kenneth Laugel President 288153 0 0 0 0 0 34908 0 29545 0 352606 0 0 0 Jeffery Becker Secretary/Treasurer 200682 0 0 0 0 0 24411 0 29545 0 254638 0 0 0 Ronald Steiger IT Director 133515 0 0 0 0 0 16133 0 29545 0 179193 0 0 0 David Liddle Regional Insurance Manager 129010 0 0 0 0 0 11999 0 0 0 141009 0 0 0 Beth Centlivre In-house Actuary 102668 0 0 0 0 0 12082 0 1289 0 116039 0 0 0 Schedule J, Part I, Line 3 The President (CEO) and Secretary/Treasurer salary is reviewed by the Compensation Committee and approved by the Board of Directors. Form 990, Part VI, Section A, Line 6 The UTUIA has approximately 38,682 policyholders who are members of the UTUIA Fraternal Benefit Society. Form 990, Part VI, Section A, Line 7a The members (policyholders) of the UTUIA elect delegates to the Grand Convention (held every four years) who then elect the Board of Directors who is the governing body of the UTUIA. Form 990, Part VI, Section B, Line 11b The Form 990 is produced in the finance department under the direction of the Secretary and Treasurer. A final draft is then forwarded to the Chairperson of the Audit Committee and the President of the UTUIA for review and approval before the document is filed. Form 990, Part VI, Section B, Line 12c The Board members are required on an annual basis, to review conflict of interest policy and enter into the minutes their adherence and approval. Form 990, Part VI, Section B, Line 15 The Board of Directors established a Compensation Committee to research and establish guidelines for compensation based on "completion of goals" for the President and Secretary / Treasurer. The Compensation Committee also reviews and recommends Board of Director fees and retainers. Form 990, Part VI, Section C, Line 19 Policies are available upon written request through the Office of the President and copies are provided electronically or by mail. Form 990, Part XI, Line 9 The amount of $1,766,041 is the change in unrealized gain of $461,882, plus the change in Asset Valuation Reserve of $1,274,564 plus the change in non-admitted assets of $29,595 during year 2021. This filing is not late. The IRS approved Form 8868, Application for Extension, and the Notice Date is March 2, 2022.