2024-09-06T08:55:06-05:00 2023-12-31 264022510 HARRIS & CO PLLC 1120 S RACKHAM WAY STE 100 MERIDIAN ID 83642 990 2023-01-01 820192015 IDAHO SURVEYING AND RATING BUREAU INC IDAH 2083435483 1871 S COBALT POINT WAY MERIDIAN ID 83642 COREY R RIES SECRETARY - GENERAL MANAGER 2083435483 2024-09-03 1 0 BRYCE MORRISON P02154746 2083338965 2024-09-03 2023 2024-08-08 14:25:15Z COREY R RIES 1871 S COBALT POINT WAY MERIDIAN ID 83642 2381542 0 X WWW.ISRB.COM X 1947 ID FIRE INSURANCE RATINGS. 9 9 15 9 0 0 0 0 2007162 2280915 1641 99031 0 0 2008803 2379946 0 0 0 0 888119 1165879 0 0 0 903888 942915 1792007 2108794 216796 271152 2570191 2755865 494702 443095 2075489 2312770 FIRE INSURANCE RATINGS. WE ARE A TRUSTED SOURCE OF IMPARTIAL INSURANCE INFORMATION THAT IS DELIVERED EFFICIENTLY, COURTEOUSLY, AND PROFESSIONALLY FROM FACILITIES IN IDAHO WHERE WE CAN BEST SERVE ITS CITIZENS. 0 0 PROVIDED FIRE INSURANCE RATINGS. THE ORGANIZATION IS A PROPERTY RATING BUREAU LICENSED BY THE IDAHO DEPARTMENT INSURANCE TO PROVIDE PUBLIC PROTECTION CLASSIFICATIONS, DETERMINE COMMERCIAL FIRE SPECIFIC LOSS COSTS, AND FILE POLICY FORMS, ENDORSEMENTS, RULES, AND LOSS COSTS FOR COMMERCIAL FIRE, FARM FIRE, AND DWELLING FIRE POLICIES WRITTEN IN IDAHO. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 15 1 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X X COREY R RIES 2083435483 1871 S COBALT POINT WAY MERIDIAN ID 83642 JASON WILLIAMS PRESIDENT 1.00 X X 0 0 0 CARRIE CHESHIER VICE PRESIDENT 1.00 X X 0 0 0 TYLER HAASE DIRECTOR 1.00 X 0 0 0 NICK LUKSON DIRECTOR 1.00 X 0 0 0 WENDI PALUMBO DIRECTOR 1.00 X 0 0 0 JENNIFER POWELL DIRECTOR 1.00 X 0 0 0 JARROD STONE DIRECTOR 1.00 X 0 0 0 MARY TOWNSEND DIRECTOR 1.00 X 0 0 0 KAREN WALTER DIRECTOR 1.00 X 0 0 0 COREY RIES GENERAL MANAGER/SECRETARY 37.50 X 137313 0 21382 137313 0 21382 1 0 1 0 0 MEMBERSHIP DUES & ASSE 541900 2280915 2280915 2280915 65664 65664 34963 1596 33367 33367 33367 2379946 2280915 0 99031 158695 730199 10839 200623 65523 4800 13250 7869 59595 2159 87313 115127 59979 35688 ISO ASSESSMENTS 423777 EDUCATION 114973 OTHER 11412 ACTIVITIES 6973 2108794 36971 105421 1711136 1846799 975 20489 15173 15930 344929 150840 161646 194089 644290 573137 2570191 2755865 66807 86525 427895 356570 494702 443095 X 1713669 2110497 361820 202273 2075489 2312770 2570191 2755865 X 271152 -33871 X X 0 1 X 1 0 344929 150840 194089 194089 NET PENSION ASSET 373250 RIGHT OF USE ASSET 199887 573137 POST-RETIREMENT LIABILITIES 150490 OPERATING LEASE LIABILITY 206080 356570 X 2346075 -33871 -33871 2379946 0 2379946 2108794 0 2108794 0 2108794 PART X, LINE 2: THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE BUREAU MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEAR 2023 AND 2022. THE BUREAU FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION. THE BUREAU IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET UNREALIZED CHANGE IN DEFINED BENEFIT PLANS -33,871. X 0 0 0 COREY RIES GENERAL MANAGER/SECRETARY 130775 0 6538 0 0 0 21382 0 0 0 158695 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS; ALL MEMBERS HAVE EQUAL VOTING RIGHTS AND INTERESTS. ANY INSURANCE COMPANY LICENSED AND QUALIFIED TO TRANSACT AN INSURANCE BUSINESS IN THE STATE OF IDAHO IS ELIGIBLE FOR MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE ORGANIZATION ELECT AT EACH REGULAR ANNUAL MEETING A PRESIDENT, VICE PRESIDENT AND THREE ROTATING MEMBERS OF THE BOARD OF DIRECTORS AS TERMS EXPIRE. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON THE BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 RETURN IS PREPARED BY AN INDEPENDENT CPA AND REVIEWED BY THE SECRETARY/GENERAL MANAGER AND THE BOARD OF THE ORGANIZATION PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. BOARD MEMBERS AND OFFICERS ARE ANNUALLY REQUIRED TO SUBMIT A SIGNED STATEMENT ON CONFLICTS OF INTEREST AND DISCLOSE ANY CONFLICTS OR INTERESTS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS APPOINTS THE GENERAL MANAGER/SECRETARY OF THE ASSOCIATION AND DETERMINES COMPENSATION. AN ANNUAL SELF-EVALUATION AND COMPENSATION REVIEW IS CONDUCTED IN DECEMBER OF EACH YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE ON ITS WEBSITE. THE AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: NET UNREALIZED CHANGE IN DEFINED BENEFIT PLANS -33,871. FORM 990, PART XII, LINE 2C NO CHANGE IN THE OVERSIGHT PROCESS OR SELECTION PROCESS FROM THE PRIOR TAX YEAR.