2014-10-28T11:55:07-05:00 2013-12-31 BOND BEEBE PC 4600 EAST-WEST HIGHWAY SUITE 900 BETHESDA MD 208143423 990 2013-01-01 526048633 COMPASS ROSE BENEFITS GROUP % WILLIAM J SIMMONS COMP 5712040605 PO BOX 8816 Suite RESTON VA 20195 WILLIAM SIMMONS TREASURER 5712040605 2014-10-28 true SCOTT PRICE P00686063 5712040605 2013 2015-11-30 17:44:51Z RANDY STOUGHTON PO BOX 8816 RESTON VA 20195 210145772 false X WWW.COMPASSROSEBENEFITS.COM X 1948 DC PROVIDE HEALTH AND OTHER INSURANCE COVERAGE TO UNITED STATES GOVERNMENT EMPLOYEES AS WELL AS CIVILIAN AND RETIRED EMPLOYEES OF THE DEPARTMENT OF DEFENSE. 7 7 35 0 0 0 0 198087764 207521581 1065775 1002478 0 0 199153539 208524059 0 0 189704982 187974145 3022489 3067164 0 0 0 15833340 15255866 208560811 206297175 -9407272 2226884 78020508 86367888 39678546 61453590 38341962 24914298 PROVIDE HEALTH AND OTHER INSURANCE COVERAGE TO UNITED STATES GOVERNMENT EMPLOYEES. false false COMPASS ROSE BENEFITS GROUP PROVIDES HEALTH AND OTHER SPECIALTY INSURANCE PRODUCTS AND SERVICES THAT ARE ONLY AVAILABLE TO CIVILIAN EMPLOYEES AND RETIREES OF THE DEPARTMENT OF DEFENSE, EMPLOYEES OF THE DEPARTMENT OF STATE AND THE INTELLIGENCE COMMUNITY. SPONSORSHIP OF A FEDERAL EMPLOYEE HEALTH BENEFIT PLAN ("FEHBP") AS AN EMPLOYEE ORGANIZATION PLAN UNDER THE FEHBP COVERING CERTAIN FEDERAL GOVERNMENTAL EMPLOYEES AND ANNUITANTS. false false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false false true false false false false false false false false false true 1 0 true 35 true false false false false false false X 7 7 false false true false true true false true true false false true true true true true true true false false X WILLIAM J SIMMONS 5712040605 1768 BUSINESS CENTER DRIVE STE 350 RESTON VA 20190 X CHARLES PASQUALE CHAIRMAN 1.0 X 0 0 BEVERLY BORICH CHRISTIANA RETIREE REPRESENTATIVE 1.0 X 0 0 JOYCE FREUND FORMER RETIREE REP. 1.0 X 0 0 GWEN GASKINS RETIREE REPRESENTATIVE 1.0 X 0 0 JULIE LUND ACTIVE REPRESENTATIVE 1.0 X 0 0 KEVIN SMITH ACTIVE REPRESENTATIVE 1.0 X 0 0 ED THOMPSON INDUSTRY EXPERT 1.0 X 0 0 BILL TRIKAS RETIREE REPRESENTATIVE 1.0 X 0 0 RANDY STOUGHTON PRESIDENT 40.0 X 230459 0 10966 SHERRI HEBERT VICE PRESIDENT 40.0 X 197365 0 23894 WILLIAM SIMMONS TREASURER 40.0 X 149978 0 21823 MARY O'CONNELL SECRETARY 40.0 X 109758 0 11744 ALFRED ROBINSON SECURITY OFFICER 40.0 X 111200 0 5143 DHARTI DESAI CONTROLLER 40.0 X 102500 0 18285 STACY OUTLAW DIRECTOR, MKG & COMMUNICATIONS 40.0 X 102039 0 11896 1003299 0 103751 7 false true false INFORMED 1596 WHITEHALL ROAD ANNAPOLIS MD 21409 ADMINISTRATOR FEES 5482645 UNITED HEALTHCARE 5901 LINCOLN DRIVE EDINA MN 55436 PPO NETWORK FEES 3008976 EXPRESS SCRIPTS 100 PARSONS POND DR FRANKLIN LAKES NJ 07417 PBM ADMIN FEES 2677438 MULTIPLAN 115 5th AVE 7th FLOOR NEW YORK NY 10003 NETWORK WRAP FEES 313503 BOND BEEBE PC 4600 EAST-WEST HIGHWAY 900 BETHESDA MD 20814 ACCTG/AUDIT FEES 162471 7 0 INSURANCE PREMIUMS 525100 202503186 202503186 SPECIAL PRODUCTION ADMININSTRATIVE FEES 561000 673826 673826 SERVICE ALLOWANCE 900099 1638357 1638357 INSURANCE PREMIUM REBATES 525100 814955 814955 RETIREE BENEFIT OBLIGATIONS 900099 1891257 1891257 207521581 864142 864142 0 0 0 0 0 1760049 1621713 138336 138336 138336 0 0 0 0 208524059 207521581 1002478 0 0 0 187974145 755987 0 1841672 68281 214897 186327 0 30405 162471 0 0 136368 11940343 58207 496309 45500 0 359833 70238 0 0 0 0 195083 37216 SERVICE ALLOWANCE 1638357 SUBSCRIPTIONS 28308 TAXES AND FEES 22819 MEMBER SURVEY & DUES 11121 23288 206297175 X 4077258 3606545 32549707 37853179 0 0 17876372 19568711 0 0 0 0 0 0 0 0 61771 211385 2042826 1682967 280330 359859 22855409 24280236 0 262265 0 0 0 0 319661 225708 78020508 86367888 760746 679882 0 0 0 0 0 0 0 0 0 0 0 0 0 0 38917800 60773708 39678546 61453590 X 38341962 24914298 0 0 0 0 38341962 24914298 78020508 86367888 X 2226884 379881 -16034429 X false true X true false 858929 858929 342901 317182 25719 840996 506856 334140 359859 0 PREMIUMS PAYABLE 283503 CLAIMS RESERVES 7126309 HEALTH CLAIMS 24443747 SPECIAL RESERVE - OPM 28920149 60773708 X 208903940 379881 379881 208524059 208524059 206297175 206297175 206297175 PART X, LINE 2 - FIN 48 FOOTNOTE: Accounting principles generally accepted in the United States of America require management of an organization to evaluate tax positions taken and recognize a tax liability if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has evaluated the tax positions taken by CRBG and concluded that as of December 31, 2013 there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. CRBG is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any tax periods. Management believes CRBG is no longer subject to income tax examinations for years prior to 2010. X X X false false false RANDY STOUGHTON PRESIDENT 214200 0 16259 9218 0 1748 0 241425 0 0 0 SHERRI HEBERT VICE PRESIDENT 183373 0 13992 7895 0 15999 0 221259 0 0 0 WILLIAM SIMMONS TREASURER 144978 0 5000 5999 0 15824 0 171801 0 0 0 MARY SIMMONS SEE PART V 77500 WAGES false CHRISTOPHER HEBERT SEE PART V 42333 WAGES false PART IV, LINE 1 COLUMN B: FAMILY MEMBER OF WILLIAM SIMMONS, TREASURER PART IV, LINE 2 COLUMN B: FAMILY MEMBER OF SHERRI HEBERT, VICE PRESIDENT PART VI, SECTION A, LINE 4 - CHANGES TO GOVERNING DOCUMENTS: BYLAWS WERE UPDATED JANUARY 2013 TO REFLECT THE FOLLOWING CHANGES ----------------------------------------------------------------- 1. DATE FOR ELECTION OF DIRECTORS MOVED TO OCTOBER, WITH FIRST MEETING IN JANUARY BEING THE DESIGNATED STARTING TERM PERIOD FOR THE ELECTED DIRECTORS. 2. THE ANNUAL MEETING SHALL TAKE PLACE AT THE FIRST MEETING OF EACH CALENDAR YEAR. 3. THE POSITION TILE OF "EXECUTIVE DIRECTOR" HAS BEEN CHANGED TO "PRESIDENT". PART VI, SECTION A, LINE 6 - ORGANIZATION MEMBERS: MEMBERS IN INSURANCE PROGRAMS OFFERED BY COMPASS ROSE BENEFITS GROUP. PART VI, SECTION A, LINE 7A - ELECTION OF GOVERNING BODY: COMPASS ROSE BENEFITS GROUP BOARD OF DIRECTORS ARE ELECTED TO A THREE-YEAR TERM BY OUR MEMBERSHIP. THE BOARD IS CURRENTLY COMPOSED OF THREE ACTIVE MEMBERS, FOUR RETIRED MEMBERS AND ONE INDUSTRY EXPERT. THE INDUSTRY EXPERT IS ELECTED BY THE BOARD AND HAS NO PREDETERMINED TERM. WITH THE EXCEPTION OF THE INDUSTRY EXPERT, THESE MEMBERS MUST BE EMPLOYEES OF ONE OF THE QUALIFYING AGENCIES UNDER THE OFFICE OF DIRECTOR OF NATIONAL INTELLIGENCE. ANY MEMBER IS ELIGIBLE FOR ELECTION IF THEY PARTICIPATE IN AT LEAST ONF OF THE INSURANCE PROGRAMS WHICH COMPASS ROSE BENEFITS GROUP OFFERS. PART VI, SECTION B, LINE 11B - REVIEW OF FORM 990: THE FORM 990 IS REVIEWED BY SENIOR MANAGEMENT AND THE MEMBERS OF THE AUDIT AND FINANCE COMMITTEE. THE AUDIT AND FINANCE COMMITTEE, AFTER THEIR REVIEW AND APPROVAL, WILL MAKE A MOTION TO THE FULL BOARD TO APPROVE THE 990 FOR SUBMISSION. PART VI, SECTION B, LINE 12C - CONFLICT OF INTEREST POLICY: A COMMITTEE WITHIN THE BOARD OF DIRECTORS HAS BEEN ESTABLISHED TO OVERSEE AND ADDRESS CONFLICTS OF INTEREST (COI). ANNUALLY, BOARD MEMBERS AND KEY COMPASS ROSE EMPLOYEES SIGN ACKNOWLEDGEMENT THAT THEY HAVE RECEIVED, READ, AND WILL ADHERE TO COMPASS ROSE'S COI POLICY. THE POLICY ITSELF DETAILS THE PROCESS BY WHICH THE BOARD MONITORS AND ENFORCES POTENTIAL VIOLATIONS. PART VI, SECTION B, LINE 15A - COMPENSATION OF MANAGEMENT: THE COMPENSATION OF THE PRESIDENT IS VOTED UPON AND APPROVED BY A COMPENSATION COMMITTEE MADE UP OF BOARD MEMBERS. OTHER EMPLOYEE COMPENSATION IS SET BY SENIOR MANAGEMENT (PRESIDENT, VICE PRESIDENT). PART VI, SECTION C, LINE 19 - AVAILABILITY OF DOCUMENTS: OTHER THAN FORM 990, ALL OTHER GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE ONLY MADE AVAILABLE TO THE PUBLIC UPON U.S. GOVERNMENT SECURITY APPROVAL. PART XI, LINE 9 - OTHER CHANGES IN NET ASSETS: $(17,535,528) Special Reserve beginning balance reclassed as liability $(11,384,621) Change in special reserve $ 12,885,720 Contingency reserve transfer ------------- $(16,034,429) Net other changes in net assets =============