2019-10-28T10:50:44-07:00 2018-12-31 990 2018-01-01 237131460 UNITED TRANSPORTATION UNION INSURANCE ASSOCIATION UNIT 2162275293 24950 Country Club Blvd Suite 340 North Olmsted OH 44070 Jeffery Becker Secretary/Treasurer 2162275293 2019-10-28 98.103.18.66 2018 2019-02-21 02:37:17Z Jeffery A Becker 24950 Country Club Blvd Ste 340 North Olmsted OH 44070 23305314 0 X utuia.org X Not for Profit 1970 OH Fraternal benefit society serving our members with various insurance products and fraternal benefits. 28 28 36 20 0 0 0 0 12910087 13058771 10098582 10183563 185259 59736 23193928 23302070 249226 274000 14803177 13757863 4353658 4488555 0 0 0 2906586 3213916 22312647 21734334 881281 1567736 226965991 226555990 176540661 172726744 50425330 53829246 PROVIDE LIFE, ACCIDENT AND HEALTH AND ANNUITY POLICIES TO MEMBERS OF THE UNITED TRANSPORTATION UNION INSURANCE ASSOCIATION AND WORKERS IN THE TRANSPORTATION INDUSTRIES. 0 0 PROVIDE LIFE, ACCIDENT & HEALTHAND ANNUITY PRODUCTS TO MEMBERS OF THE UNITED TRANSPORTATION UNION INSURANCE ASSOCIATION AND WORKERS IN THE TRANSPORTATION INDUSTRY 0 0 0 0 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 29 0 1 36 1 0 0 0 0 0 0 0 0 X 28 28 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 24950 Country Club Blvd Suite 340 North Olmsted OH 44070 John Previsich Chairman of the Board 4 X 0 0 0 John England Director 1 0 X 0 0 0 John Risch Director 1 0 X 0 0 0 Jeremy Ferguson Director 1 0 X 0 0 0 Frank Riha Director 2 0 X 30750 0 0 Nicholas DiCicco Director 1 0 X 33000 0 0 William Thompson Director 1 0 X 29250 0 0 William Ryan Director 1 0 X 27250 0 0 Kenneth Laugel President 40 0 X 232220 0 27866 Jeffery Becker Secretary/Treasurer 40 0 X 107637 0 12916 Ronald Steiger Information Technology Director 40 0 X 123246 0 14790 John Lesniewski Director 1 0 X 0 0 0 Richard Kusnic Secretary/Treasurer 40 0 X 140873 0 16905 724226 0 72477 4 1 1 0 United Healthcare PO Box 416982 Boston MA 02241 Employee medical insurance 1157049 SMART 24950 Country Club North Olmsted OH 44070 Administrative services 734816 JP Morgan Investment Services 575 WASHINGTON BLVD JERSEY CITY NJ 07310 INVESTMENT SERVICES 368779 QLAdmin Solutions Inc 9500 Arboretum Blvd Ste 220 Austin TX 78759 Information Technology - Software 228810 MILLER NEWBERG 8717 W 110TH ST OVERLAND PARK KS 66210 ACTURIAL SERVICES 158072 8 0 0 0 0 0 0 0 0 13058771 13058771 0 0 13058771 9500661 9500661 0 0 682902 682902 0 0 0 0 0 0 51818 0 3244 0 48574 0 48574 48574 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 11162 11162 0 0 11162 23302070 23302070 0 0 0 274000 0 13757863 556930 2296846 0 272581 1149646 212552 0 68454 91549 0 0 586409 632167 27765 142853 552409 0 201005 542675 0 158119 0 0 0 97547 Charitable Donations 80905 Filing Fees 27474 Miscellaneous Expense 4585 21734334 0 0 0 14080 -24539 925973 3086820 0 0 68133 111391 0 0 0 0 0 0 0 0 0 0 605265 339358 1793308 265907 217061017 216331378 0 0 0 0 0 0 7103480 6785033 226965991 226555990 1999127 2300757 0 0 0 0 0 0 0 0 0 0 0 0 0 0 174541534 170425987 176540661 172726744 X 0 0 0 0 50425330 53829246 50425330 53829246 226965991 226555990 X 1567736 2386140 0 0 0 -549960 X 1 X 1 X 1 0 0 0 0 0 0 0 0 0 0 0 0 605265 0 339358 265907 0 0 0 0 265907 0 Certificate Reserves 165682711 Interest Maintenance Reserve 3064358 Asset Valuation Reserve 1678918 170425987 22715660 0 0 0 0 0 22715660 586410 0 586410 23302070 21147925 0 0 0 0 0 21147925 586409 0 586409 21734334 1 See Schedule I, Part 4, Statement 1 136 2000 0 Book Value 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 136 scholarships distributed in 2018. The process from selection to remittance is independently audited annually. X 0 1 X X 0 0 0 John Previsich Chairman of the Board 0 0 0 0 0 0 0 0 0 0 0 0 0 0 John England Director 0 0 0 0 0 0 0 0 0 0 0 0 0 0 John Lesniewski Director 0 0 0 0 0 0 0 0 0 0 0 0 0 0 John Risch Director 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Jeremy Ferguson Director 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Frank Riha Director 30750 0 0 0 0 0 0 0 0 0 30750 0 0 0 Nicholas DiCicco Director 33000 0 0 0 0 0 0 0 0 0 33000 0 0 0 William Thompson Director 29250 0 0 0 0 0 0 0 0 0 29250 0 0 0 William Ryan Director 27250 0 0 0 0 0 0 0 0 0 27250 0 0 0 Kenneth Laugel President 232220 0 0 0 0 0 27866 0 29058 0 289144 0 0 0 Jeffery Becker Secretary/Treasurer 107637 0 0 0 0 0 12916 0 19372 0 139925 0 0 0 Richard Kusnic Secretary/Treasurer 140873 0 0 0 0 0 16905 0 14529 0 172307 0 0 0 Ronald Steiger Information Technology Director 123246 0 0 0 0 0 14790 0 29058 0 167094 0 0 0 Schedule J, Part I, Line 1a One Board member was reimbursed for companion's coach airfare while attending a scheduled Board meeting. A valid receipt of payment was obtained and maintained for supporting documentation. Schedule J, Part I, Line 1b One Board member was reimbursed for companion's coach airfare. A valid receipt of payment was obtained and maintained for supporting documentation. A written policy will be developed for occurrences subsequent to this filing. Schedule J, Part I, Line 3 The President's 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 47,669 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 intern 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/Treasurer. A draft is then forwarded to the Chairperson of the Audit Committee and the President of 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 the conflict of interest policy and enter into the minutes their adherence and approval. Form 990, Part VI, Section B, Line 15 The Board established a Compensation Committee to research and establish guidelines for compensation based on "completion of goals" for the President and Secretary/Treasurer. The Committee also reviews and suggests Board fees and retainers. Form 990, Part VI, Section C, Line 19 Policies are available upon request through the Office of the President and copies are provided electronically or by mail. Form 990, Part XI, Line 9 The amount of ($549,960) is from the amount of unrealized losses ($2,286,348) plus the change in the Asset Valuation Reserve $1,736,388 during year 2018.