Civic Intelligence

The Mississippi Workers' Compensation Group Self-Insurer Guaranty Association

990 • Fiscal year 2013 • EIN 20-1973267

Jan 01, 2013 to Dec 31, 2013 • Filed on May 15, 2014

PO Box 330039158

(601) 605-8600

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

10th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

10th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Net Margin

1st percentile

-983%

Higher net margin than 1% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Asset Growth

17th percentile

-6.1%

Faster asset growth than 17% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$847,689

Down $54,959 (-6.1%) from 2012

Net Assets

Down

$847,689

Down $54,959 (-6.1%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue

$5,591

No earlier filing loaded for comparison.

Expenses

Down

$60,550

Down $1,948 (-3.1%) from 2012

Net Income

-$54,959

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2010: $1,030,595Liabilities 2010: $0Net Assets 2010: $1,030,5952010Assets 2011: $958,166Liabilities 2011: $0Net Assets 2011: $958,1662011Assets 2012: $902,648Liabilities 2012: $0Net Assets 2012: $902,6482012Assets 2013: $847,689Liabilities 2013: $0Net Assets 2013: $847,6892013Assets 2014: $780,798Liabilities 2014: $0Net Assets 2014: $780,7982014Assets 2015: $970,082Liabilities 2015: $0Net Assets 2015: $970,0822015Assets 2016: $885,045Liabilities 2016: $0Net Assets 2016: $885,0452016Assets 2017: $1,109,046Liabilities 2017: $0Net Assets 2017: $1,109,0462017Assets 2018: $971,825Liabilities 2018: $0Net Assets 2018: $971,8252018Assets 2019: $1,206,736Liabilities 2019: $0Net Assets 2019: $1,206,7362019Assets 2020: $1,232,396Liabilities 2020: $0Net Assets 2020: $1,232,3962020Assets 2021: $1,208,483Liabilities 2021: $0Net Assets 2021: $1,208,4832021Assets 2022: $1,148,581Liabilities 2022: $0Net Assets 2022: $1,148,5812022Assets 2023: $1,162,701Liabilities 2023: $0Net Assets 2023: $1,162,7012023Assets 2024: $1,164,451Liabilities 2024: $0Net Assets 2024: $1,164,4512024Assets 2025: $1,176,777Liabilities 2025: $0Net Assets 2025: $1,176,7772025

Highlighted filing

2013

Assets$847,689
Liabilities$0
Net Assets$847,689

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KExpenses 2010: $24,4522010Expenses 2011: $72,5242011Expenses 2012: $62,4982012Revenue 2013: $5,591Expenses 2013: $60,550Net Income 2013: -$54,9592013Revenue 2014: $5,736Expenses 2014: $72,626Net Income 2014: -$66,8902014Revenue 2015: $298,775Expenses 2015: $109,491Net Income 2015: $189,2842015Revenue 2016: $12,059Expenses 2016: $79,946Net Income 2016: -$67,8872016Revenue 2017: $290,099Expenses 2017: $79,670Net Income 2017: $210,4292017Revenue 2018: $33,622Expenses 2018: $122,950Net Income 2018: -$89,3282018Revenue 2019: $242,025Expenses 2019: $59,897Net Income 2019: $182,1282019Revenue 2020: $51,257Expenses 2020: $41,159Net Income 2020: $10,0982020Revenue 2021: $41,075Expenses 2021: $46,694Net Income 2021: -$5,6192021Revenue 2022: $58,053Expenses 2022: $45,983Net Income 2022: $12,0702022Revenue 2023: $38,447Expenses 2023: $47,306Net Income 2023: -$8,8592023Revenue 2024: $63,572Expenses 2024: $56,122Net Income 2024: $7,4502024Revenue 2025: $51,200Expenses 2025: $57,018Net Income 2025: -$5,8182025

Highlighted filing

2013

Revenue$5,591
Expenses$60,550
Net Income-$54,959
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 15, 2014
Return Version
2013v3.0
Gross Receipts
$1,121,519
Mission and Program Overview

Mission

The organization's mission is to provide mechanisms for the payment of covered claims under self-insurance coverage, to avoid excessive delay in payment and to avoid financial loss due to the insolvency of a self-insurer.

To provide mechanisms for the payment of covered claims under self-insurance coverage, to avoid excessive delay in payment and to avoid financial loss to claimants due to the insolvency of a self-insurer.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$877,566$837,287▼ $40,279
Cash and Non-Interest-Bearing Accounts$25,082$10,402▼ $14,680
Total Assets$902,648$847,689▼ $54,959
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$902,648$847,689▼ $54,959
Total Net Assets Fund Balance$902,648$847,689▼ $54,959
Total Liabilities and Net Assets / Fund Balance$902,648$847,689▼ $54,959
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael CallahanChairman
Marty MilsteadVice Chairman
Larry BourneDirector
Lee NationsDirector
Ricky SaltzmanDirector
We LehmanDirector
Cora Beth HartfieldSecretary Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$5,591
Other Revenue
$0
Change in Net Assets
$-54,959
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$60,550
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance---$42,900
Fees for Services Legal---$14,748
Fees for Services Accounting---$1,954
Fees for Service Investment Mgmnt Fees---$863
Other Expenses---$85
Total Functional Expenses$0$0$0$60,550
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

A member of the organization is a group of employers pooling workers compensation liabilities under the workers' compensation law. Each member has one vote in the organization's meetings.

Form 990, Part VI, Section A, Line 7A

The board of directors is elected by the members.

Form 990, Part VI, Section B, Line 11

The form 990 is reviewed by the chairman of the board of directors prior to being filed.

Form 990, Part VI, Section C, Line 19

Form 1023 and forms 990 are provided to interested persons upon request.

Filing and Contact Details

Filer

EIN
20-1973267
Phone
6016058600

Signing Officer

Name
Michael Callahan
Title
Chairman
Phone
6016058600
Signed
2014-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Callahan
Formed
2005
Legal Domicile
Ms
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Preparer
Dawn Steed
Phone
6018537050
Raw XML Appendix272 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE MECHANISMS FOR THE PAYMENT OF COVERED CLAIMS UNDER SELF-INSURANCE COVERAGE, TO AVOID EXCESSIVE DELAY IN PAYMENT AND TO AVOID FINANCIAL LOSS TO CLAIMANTS DUE TO THE INSOLVENCY OF A SELF-INSURER.
IRS990/AddressChangeInd0X
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IRS990/BooksInCareOfDetail/PhoneNum06016058600
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IRS990/BooksInCareOfDetail/USAddress/City0RIDGELAND
IRS990/BooksInCareOfDetail/USAddress/State0MS
IRS990/BooksInCareOfDetail/USAddress/ZIPCode039157
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IRS990/ConservationEasementsInd00
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IRS990/CYOtherExpensesAmt060550
IRS990/CYOtherRevenueAmt00
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IRS990/CYRevenuesLessExpensesAmt0-54959
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IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL CALLAHAN
IRS990/Form990PartVIISectionAGrp/PersonNm1MARTY MILSTEAD
IRS990/Form990PartVIISectionAGrp/PersonNm2LARRY BOURNE
IRS990/Form990PartVIISectionAGrp/PersonNm3CORA BETH HARTFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm4WE LEHMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5LEE NATIONS
IRS990/Form990PartVIISectionAGrp/PersonNm6RICKY SALTZMAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01115928
IRS990/GrossReceiptsAmt01121519
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt042900
IRS990/InvestmentIncomeGrp/ExclusionAmt05591
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05591
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01115928
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION'S MISSION IS TO PROVIDE MECHANISMS FOR THE PAYMENT OF COVERED CLAIMS UNDER SELF-INSURANCE COVERAGE, TO AVOID EXCESSIVE DELAY IN PAYMENT AND TO AVOID FINANCIAL LOSS DUE TO THE INSOLVENCY OF A SELF-INSURER.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt0847689
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
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IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BANK FEES
IRS990/OtherExpensesGrp/TotalAmt085
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
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IRS990/ProfessionalFundraisingInd00
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IRS990/PYOtherExpensesAmt062498
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IRS990/PYProgramServiceRevenueAmt00
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IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06980
IRS990/ReconcilationRevenueExpnssAmt0-54959
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0837287
IRS990/ScheduleBRequiredInd00
IRS990/ScheduleJRequiredInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A MEMBER OF THE ORGANIZATION IS A GROUP OF EMPLOYERS POOLING WORKERS COMPENSATION LIABILITIES UNDER THE WORKERS' COMPENSATION LAW. EACH MEMBER HAS ONE VOTE IN THE ORGANIZATION'S MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS REVIEWED BY THE CHAIRMAN OF THE BOARD OF DIRECTORS PRIOR TO BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 1023 AND FORMS 990 ARE PROVIDED TO INTERESTED PERSONS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SignificantNewProgramSrvcInd00
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IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsGrp/BOYAmt0902648
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IRS990/TotalEmployeeCnt00
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IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0847689
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10PO BOX 3300
IRS990/USAddress/City0RIDGELAND
IRS990/USAddress/State0MS
IRS990/USAddress/ZIPCode039158
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL CALLAHAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum06016058600
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine10THE MISSISSIPPI WORKERS' COMPENSATION
ReturnHeader/Filer/BusinessName/BusinessNameLine20GROUP SELF-INSURER GUARANTY ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0MISS
ReturnHeader/Filer/EIN0201973267
ReturnHeader/Filer/PhoneNum06016058600
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 3300
ReturnHeader/Filer/USAddress/City0RIDGELAND
ReturnHeader/Filer/USAddress/State0MS
ReturnHeader/Filer/USAddress/ZIPCode039158
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721396621
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10CARR RIGGS AND INGRAM LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10PO BOX 2418
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0RIDGELAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode039158
ReturnHeader/PreparerPersonGrp/PhoneNum06018537050
ReturnHeader/PreparerPersonGrp/PreparationDt02014-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAWN STEED
ReturnHeader/ReturnTs02014-05-15T11:58:19-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.05$0.06$0.01
2024Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$0.06$0.06$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$0.04$0.05$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.15$0.00$1.15$0.06$0.05$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.04$0.05$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$0.05$0.04$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.24$0.06$0.18
2018Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.03$0.12$0.09
2017Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$0.29$0.08$0.21
2016Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$0.01$0.08$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.30$0.11$0.19
2014Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.01$0.07$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.01$0.06$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.00$0.90$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.00$0.96$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.00$1.03$0.02