2019-03-15T17:23:42-05:00 2018-09-30 MILLER KAPLAN ARASE LLP TWO EMBARCADERO CTR STE 2280 SAN FRANCISCO CA 941113916 990 2017-10-01 776009955 California's Valued Trust % ROBERT POWERS CALI 5594372960 520 E Herndon Ave Fresno CA 93720 VALERIE CORNUELLE executive director 5594372960 2019-02-19 true Catherine Gardner P00350865 4159563600 12.244.147.122 95416620190505000008 2019-02-19 P 383AB3693D991E2243336CB68FBC1E45C1CE75F2 1D553F0CC161CAB4950D5232994D4871B352D586 2017 2019-02-21 02:37:17Z X Valerie Cornuelle 520 E Herndon Ave Fresno CA 93720 855456988 false X www.cvtrust.org X 1984 CA TO PROVIDE HEALTH AND WELFARE BENEFITS FOR ELIGIBLE EMPLOYEES, RETIREES AND THEIR DEPENDENTS. 12 7 40 0 0 0 0 0 796276297 818754719 5778446 6285176 402654 369236 802457397 825409131 0 0 743501621 790588526 4215305 4296685 0 0 0 33712223 33777647 781429149 828662858 21028248 -3253727 157830155 157635073 73568200 78001519 84261955 79633554 TO PROVIDE HEALTH AND WELFARE BENEFITS FOR ELIGIBLE EMPLOYEES, RETIREES AND THEIR DEPENDENTS. false false TO PROVIDE HEALTH AND WELFARE BENEFITS FOR ELIGIBLE EMPLOYEES, RETIREES AND THEIR DEPENDENTS. false false false false false false false false false true true false false true true true false false false false false false false false false false false false true false false false false false false false false false false false true false false true 65 0 true 40 true false false false false false false X 12 7 false false false false false false false true true false false true true true true true true true true false X ROBERT POWERS 5594372960 520 E HERNDON AVE Fresno CA 93720 X Chad Wood Trustee 4.0 0.0 X 0 0 221 chuck king Trustee 4.0 0.0 X 0 0 0 Carole Anne Luckenbach Trustee 4.0 0.0 X 0 0 0 Elizabeth Zulueta Trustee 4.0 0.0 X 0 0 221 Sue Eustice Trustee 4.0 0.0 X 0 0 221 Elaine Cash Trustee 4.0 0.0 X 0 0 221 Nancy Smith Trustee 4.0 0.0 X 0 0 221 John Pestorich Trustee 4.0 0.0 X 0 0 221 Larry Yeghoian Trustee 4.0 0.0 X 0 0 221 Debra Cole Trustee 4.0 0.0 X 0 0 221 Anthony Parreira Trustee 4.0 0.0 X 0 0 221 Keith Pace Trustee 4.0 0.0 X 0 0 221 Valerie Cornuelle Executive Director 40.0 0.0 X 225284 0 36961 Robert Powers Dir. of Financial Services 40.0 0.0 X 148932 0 31246 BROOK PAULSEN IT MANAGER 40.0 0.0 X 109571 0 28309 JOHN MEDEARIS BUSINESS SYSTEMS ANALYST 40.0 0.0 X 103323 0 27843 JEFF CORNELIUS DIR. OF STRATEGIC INITIATIVES 40.0 0.0 X 124545 0 29426 ERIC FIEDLER ACCOUNT MANAGER 40.0 0.0 X 110969 0 26186 822624 0 182181 6 false true false Anthem Blue Cross 11050 Olson Dr Ste 110 RANCHO CORDOVA CA 95670 claims admin service 17598196 Delta Dental 100 First St 6th Fl SAN FRANCISCO CA 94105 Claims admin service 3690371 BLUE SHIELD OF CALIFORNIA 50 BEALE ST SAN FRANCISCO CA 94105 ADMIN SERVICE 2413943 health comp po box 45018 FRESNO CA 93718 claims admin service 1541067 Blue Shield of California 50 Beale St SAN FRANCISCO CA 94105 CLAIMS ADMIN SERVICE 1411033 4 0 EMPLOYER CONTRIBUTIONS 900099 744125914 744125914 PARTICIPANT CONTRIBUTIONS 900099 34028370 34028370 STOP-LOSS REIMBURSEMENTS 900099 6636595 6636595 DRUG REBATES 900099 33963840 33963840 818754719 4159416 4159416 0 0 0 0 0 32173617 30047857 2125760 2125760 2125760 0 0 0 0 0 0 0 0 0 ADMINISTRATIVE SERVICES 900099 86306 86306 OTHER INCOME 900099 282930 282930 369236 825409131 819123955 6285176 0 0 0 790588526 452457 0 2863635 198925 525611 256057 0 239814 118152 0 0 177408 31265794 202026 645046 49650 0 146016 233855 0 138082 0 0 248791 102454 ACA FEES 210559 828662858 603 660 1391468 199686 0 0 22410181 30552126 0 0 0 0 0 0 0 0 198138 269842 5555947 3280812 2264762 2275135 89463504 69801827 42101499 54535797 0 0 0 0 0 0 157830155 157635073 1701879 4277628 0 0 8980623 6776426 0 0 0 0 0 0 0 0 0 0 62885698 66947465 73568200 78001519 X 0 0 0 0 84261955 79633554 84261955 79633554 157830155 157635073 -3253727 -1374674 X false true X true 1012000 1012000 1548002 912723 635279 29443 29443 2966502 2338646 627856 2275135 COMMON/COLLECTIVE TRUST 16136961 F LIMITED PARTNERSHIPS 29059394 F BUSINESS TRUST 9339442 F 54535797 0 NOT PAID 63449135 POSTRETIREMENT BENEFIT COST 2312000 OBLIGATIONS FOR BENEFIT OF OTHERS 1186330 66947465 X 783256614 -1374674 -1374674 784631288 177408 40600435 40777843 825409131 782952040 -40600435 -40600435 823552475 177408 4932975 5110383 828662858 Part X, Line 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY IF THE PLAN HAS TAKEN A TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A TAX AUTHORITY. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 4B: STOP-LOSS REIMBURSEMENTS $ 6,636,595 DRUG REBATES 33,963,840 TOTAL 40,600,435 PART XII, LINE 2D: STOP-LOSS REIMBURSEMENTS ($ 6,636,595) DRUG REBATES ( 33,963,840) TOTAL ( 40,600,435) PART XII, LINE 4B: CHANGE IN BENEFIT OBLIGATIONS $ 4,932,975 X false false false Valerie Cornuelle Executive Director 225284 0 16828 20132 262244 0 Robert Powers Dir. of Financial Services 148932 0 11114 20132 180178 0 JEFF CORNELIUS DIR. OF STRATEGIC INITIATIVES 124545 0 9294 20132 153971 0 form 990, line b: this filing has been amended to update part v, questions 4a and 4b. after filing the form 990 it was determined that the financial account is domiciled in the u.s. therefore the question has been updated to answer no. Part VI, Section B, Line 11B: A copy of the form 990 was provided to the PLAN's governing body prior to the form 990 being filed. the form 990 was reviewed by the PLAN's audit committee and the director of FINANCIAL SERVICES before it was filed. Part VI, Section B, Line 12C: At least annually, directors and other fiduciaries are asked to disclose any relationships or interests that could give rise to a conflict. If there is a conflict of interest, the conflicting interest is fully disclosed and documented in writing. The director or fiduciary with the conflict of interest is excluded from the discussion and approval of such transactions; the board determines if the transaction is in the best interest of the PLAN, and the terms of the transaction are fair with respect to terms available through arms-length transactions in the marketplace. Part VI, Section B, Line 15: Compensation for the executive director was approved by the board of trustees in 2017. Part VI, Section C, Line 19: The PLAN makes its governing documents, conflict of interest policy and financial statements available to the public upon request. PART VII, SECTION A, COLUMN E: Any trustees' compensation and/or benefits from the related tax-exempt organizations are available at the Trust. Part XII, Line 2C: The audit committee assumes responsibility for oversight of both the audit and the selection of the Certified Public Accountants that audit the Plan's financial statements. The full board annually approves the audit and any change to the Certified Public Accountants. SEE PART VII SUPPLEMENTAL INFORMATION false false false false false false false false false false false false false false false false false false true SCHEDULE R, PART II: THE LIST OF CONTRIBUTING EMPLOYERS IS MAINTAINED BY THE ADMINISTRATIVE OFFICE.