2024-10-10T09:22:23-05:00 2023-12-31 351476702 BRADY WARE & SCHOENFELD INC 2206 CHESTER BLVD RICHMOND IN 47374 990 2023-01-01 356515214 CENTRAL INDIANA SCHOOL EMPLOYEES' INSURANCE TRUST CENT 3173401713 11595 N MERIDIAN ST 250 CARMEL IN 46032 JAKE ALLEN PRESIDENT 3173401713 2024-08-12 1 1 MARK A KASSENS CPA P00064831 7659660531 2024-08-12 2023 2024-10-15 13:58:12Z X JAKE ALLEN 11595 N MERIDIAN ST CARMEL IN 46032 33369062 0 X N/A X 1990 IN PROVIDE MEDICAL, DENTAL, LIFE AND LONG-TERM DISABILITY BENEFITS TO APPROXIMATELY 1,782 SCHOOL EMPLOYEES. 12 12 0 13 0 0 0 0 29717188 33313690 42318 55372 330279 0 30089785 33369062 0 0 29925288 23538927 0 0 0 0 0 2048825 6435696 31974113 29974623 -1884328 3394439 5642186 12587658 2658284 5549614 2983902 7038044 PROVIDE MEDICAL, DENTAL, LIFE AND LONG-TERM DISABILITY BENEFITS TO APPROXIMATELY 1,782 SCHOOL EMPLOYEES. 0 0 29974623 33313690 PROVIDE MEDICAL, DENTAL, LIFE AND LONG-TERM DISABILITY BENEFITS TO APPROXIMATELY 1,782 SCHOOL EMPLOYEES. 29974623 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 6 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 1 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IN X TIMOTHY MURPHY 3173401713 11595 N MERIDIAN ST STE 250 CARMEL IN 46032 X PAUL NICODEMUS PAST PRESIDENT 0.00 X 0 0 0 SANDY HENSLEY TRUSTEE 1.00 X 0 0 0 JODI GORDON TREASURER 1.00 X X 0 0 0 JENNIFER LAUGHLIN TRUSTEE 1.00 X 0 0 0 TRACEY SHAFER TRUSTEE 1.00 X 0 0 0 TIM BLOCHER TRUSTEE 1.00 X 0 0 0 SCOTT BOWLING TRUSTEE 1.00 X 0 0 0 JACOB ALLEN PRESIDENT 1.00 X X 0 0 0 ERIN CATLIN TRUSTEE 1.00 X 0 0 0 JOHN NEWBOLD TRUSTEE 1.00 X 0 0 0 STACEY SMITH TRUSTEE 1.00 X 0 0 0 MICHELLE BABCOCK VICE PRESIDENT 1.00 X X 0 0 0 CHRIS LUX TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 INSURANCE PREMIUMS 900099 33313690 33313690 33313690 55372 55372 33369062 33313690 0 55372 23538927 1312409 49712 33604 42313 132029 148 SPECIFIC STOP LOSS PREM 3110750 CLINIC OPERATIONS 1447046 AGGREGATE STOP LOSS PRE 205399 MISAPPROPRIATED FUNDS 93274 9012 29974623 4168884 6230166 3807218 232330 1093505 107943 42523 1118909 1414246 14120 0 5642186 12587658 196284 226092 2444623 2462000 2878899 2658284 5549614 X 0 0 0 0 2983902 7038044 2983902 7038044 5642186 12587658 X 3394439 44279 615422 2 X X 0 1 X 1 0 0 IBNR RESERVE 1900652 CLAIMS PAYABLE 978247 2878899 33413341 44279 44279 33369062 0 33369062 29974623 0 29974623 0 29974623 FORM 990, PART VI, SECTION A, LINE 5 NATURE OF THE DIVERSION: FICTITIOUS PAYMENT FRAUD PERPETUATED BY FORMER TRUST ADMINISTRATOR OVER THE COURSE OF MANY YEARS. DOLLAR AMOUNTS AND/OR OTHER PROPERTY INVOLVED: $372,000 CORRECTIVE ACTIONS TAKEN TO ADDRESS THE MATTER: ACCOUNTS PAYABLE PROCESS HAS BEEN MODIFIED BY UTILIZING TECHNOLOGY FOR APPROVAL BY TWO INDIVIDUALS, AND RELEASE OF PAYMENTS BY A THIRD PERSON. THE TRUST REPORTED THE FRAUD TO THE FBI. IN ADDITION, THE TRUST FILED AN INSURANCE CLAIM UNDER THE TRUST FIDELITY BOND AND THE CLAIM WAS APPROVED AND PAID IN 2024. PERTINENT CIRCUMSTANCES: CHECKS WERE DUAL SIGNED, BUT AFTER OBTAINING THE SECOND SIGNATURE, THE VENDOR NAME WAS CHANGED BY THE FORMER TRUST ADMINISTRATOR AND PAID TO THEIR PERSONAL CREDIT CARD VENDORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS FIRST REVIEWED BY MANAGEMENT, THE CFO, AND THE LEGAL COUNSEL. THEN FORM 990 IS DISTRIBUTED TO THE FULL BOARD FOR REVIEW PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE TRUST REQUIRES BOARD MEMBERS TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS AND THE TRUSTS ATTORNEY REVIEWS SUCH DISCLOSURES, IF APPLICABLE. FORM 990, PART VI, SECTION C, LINE 19 THE TRUST MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. IN ADDITION, THE TRUST PROVIDES ITS MEMBERS A SUMMARY OF PLAN DESCRIPTION AND SUMMARY OF ANNUAL RESULTS. FORM 990, PART XI, LINE 9: ROUNDING 2. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE IN THE PROCESS FOR THE AUDIT COMMITTEE. BLUE RIVER CAREER CENTER BROWNSBURG COMMUNITY SCHOOL CORPORATION DANVILLE COMMUNITY SCHOOL CORPORATION INDIANA ASSOCIATION OF SCHOOL BUSINESS OFFICIALS MOORESVILLE CONSOLIDATED SCHOOL CORPORATION PLAINFIELD COMMUNITY SCHOOL CORPORATION SHELBYVILLE CENTRAL SCHOOLS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0