2024-10-16T12:41:44-05:00 2023-12-31 462696487 Newman Town PLLC 1410 MARKET STREET SUITE 100 Kirkland WA 98033 990 2023-01-01 910403365 Seattle Police Relief Association SEAT 2067269095 11030 E Marginal Way S Tukwila WA 98168 Fran Smith President 2067269095 2024-09-29 1 0 Chris Newman CPA P01203105 4258255556 2023 2024-10-15 13:58:12Z Fran Smith 11030 EMarginal Way S Tukwila WA 98168 424873 0 X RELIEFASSOCIATION.ORG X 1893 WA To provide benefits and promote fellowship for the benefit of police officers. 15 15 2 0 0 0 0 0 229871 200724 74657 98490 0 0 304528 299214 0 0 88295 106620 216678 222959 0 0 0 78254 80221 383227 409800 -78699 -110586 2641696 2931188 1016759 945631 1624937 1985557 To Provide benefits and promote fellowship for the benefit of police officers. 0 0 1. Medical benefits are provided as a benefit to the hospital plan members and their dependents. This benefit plan is a supplemental plan which augments the members' primary plan with the City of Seattle. The plan reimburses members for deductibles and co-insurance.2. Death benefits were paid to members and/or their beneficiaries during 2023.3. Low interest emergency loans are available to members. These loans are limited to a maximum amount of $1,000 per member.4. Condominium facilities are available for vacation rentals by the members at rates that are below the prevailing market rates. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 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 1 6 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 1 1 0 0 WA X CYNTHIA COSTA 2067269095 11030 E MARGINAL WAY S TUKWILA WA 98168 FRAN SMITH PRESIDENT 3.00 X X 0 0 0 JONARD LEGASPI TRUSTEE 1.00 X 0 0 0 SUSANNA MONROE SECRETARY/TREASURER 3.00 X X 0 0 0 MIKA HARMON TRUSTEE 1.00 X 0 0 0 JAMES LEE TRUSTEE 1.00 X 0 0 0 BENJAMIN MORRISON TRUSTEE 1.00 X 0 0 0 SHANE ANDERSON VICE PRESIDENT 2.00 X X 0 0 0 JONATHON HUBER TRUSTEE 1.00 X 0 0 0 ELLA THOMAS TRUSTEE 1.00 X 0 0 0 DEAN QUALL TRUSTEE EMERITUS 1.00 X 0 0 0 BRANDON JAMES TRUSTEE 1.00 X 0 0 0 PAUL SUGURO TRUSTEE 1.00 X 0 0 0 CYNTHIA COSTA ADMINISTRATOR 40.00 X X 0 101148 36111 TROY JOHNSON TRUSTEE 1.00 X 0 0 0 0 101148 36111 0 0 0 0 0 MEMBER DUES 900099 231654 231654 INTEREST ON SMALL LOAN 900099 327 327 NET RENTAL LOSS FROM C 531110 -31257 -31257 200724 90035 90035 134114 125659 8455 8455 8455 299214 209179 0 90035 106620 101148 48452 58837 14522 26500 23286 1464 9831 3855 10838 UTILITIES 4447 409800 113173 57894 29990 38668 4101 3577 2082 5270 1373855 1319750 71665 54105 2420685 2771674 2641696 2931188 36092 43228 150716 146440 829951 755963 1016759 945631 X 0 0 0 0 1624937 1985557 1624937 1985557 2641696 2931188 X -110586 398022 73184 X X 0 1 X 1 0 1308297 1254192 54105 65558 65558 0 54105 MEMBER RENTAL DEPOSITS 33300 ESTIMATED DEATH BENEFIT OBLIGATIONS 713251 ESTIMATED CLAIMS INCURRED BUT NOT REPORTED 2579 AMOUNTS ACCRUED FOR HEALTH CARE CLAIMS 6833 755963 X 697236 398022 398022 299214 0 299214 409800 0 409800 0 409800 Part X, Line 2: Accounting principles generally accepted in the United States of America require that Plan management evaluate tax positions taken by the Plan and recognize a tax liability or asset if it has taken an uncertain position that more likely than not would not be sustained upon examination. The plan administrator has analyzed the tax positions taken by the Plan and does not believe it has any unrecorded exposure related to tax positions taken. Therefore, no related estimated income tax liability has been recorded at December 31, 2023. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The plan administrator believes it is no longer subject to U.S. federal income tax examinations for years prior to 2019. NORTH AMERICA -CANADA 1 0 PROGRAM SERVICES THE ORGANIZATION HAS A RENTAL VACATION CONDOMINIUM AVAILABLE FOR RENT BY MEMBERS. 24093 1 0 0 0 1 0 24093 0 24093 0 0 0 0 0 0 Part I, line 3: ACTUAL COST X 0 0 0 Part I, Line 3 In prior years, the board engaged a professional organization to research and present comparability data to enable the board to develop a reasonable compensation package for the association's manager. The board developed and uses an employee salary administration guide to provide a framework for making salary decisions based upon a consistant philosophy of compensation and adminstration. Board decisions regarding salary are always documented in the minutes. A professional organization to assist with hiring was last used in 2019 and previously in 2013, as the top management and employee have historically remained in their positions. The board uses the employee salary administration guide and relies on professionally compiled comparability data such as the Puget Sound salary survey and the Washington Society of Association Executives' salary survey when considering salary adjustments. Form 990, Part VI, Section A, line 6 The association has members. Form 990, Part VI, Section A, line 7a All members in good standing may vote in the annual election of the trustees and serve as voting members on all standing ad hoc committees. Form 990, Part VI, Section B, line 11b This form will be distributed electronically to the governing board for review, comments and questions prior to filing with the IRS. The form will also be reviewed by the plan administrator prior to distribution to the governing board and filing with the IRS. The review involves comparison with the previous years's filing and close scrutiny with plan programs, financial reports and regulations in mind. Form 990, Part VI, Section B, line 12c All governing board members and employees are given a copy of the policy; each has a duty to disclose any conflicts of interest to the board. After disclosure of any financial interest of material facts, the governing board would evaluate the information to determine if a conflict of interest exists. If the governing board has a reason to believe a person failed to disclose actual or possible conflicts of interest, the person would be given the opportunity to explain the alleged failure to disclose. After hearing the board member's response the board may decide if further investigation is warranted. In conforming with the governing board's decision whether a conflict exists, it can enter into the contract or take the appropriate disciplinary or corrective action. Form 990, Part VI, Section B, line 15a For the top management official the board engaged a professional organization to research and present comparability data to enable the board to develop a reasonable compensation package. The board developed and uses an employee salary administration guide to provide a framework for making salary decisions based upon a consistant philosophy of compensation and adminstration. Board decisions regarding salary are always documented in the minutes. A professional organization to assist with hiring was last used in 2019 and previously in 2013, as the Plan has experienced low turn-over for top management and employees. The board uses the employee salary administration guide and relies on professionally compiled comparability data such as the Puget Sound salary survey and the Washington Society of Association Executives' salary survey when considering salary adjustments. Form 990, Part VI, Section C, line 19 Governing documents have not been made available to the public. Form 990, Part XI, line 9: Change in estimated death benefit obligations 70,241. Change in estimated claims incurred but not reported 2,943. FORM 990, PART X11, LINE 2C The Organization has not changed either its oversight or selection process during the tax year.