TY 2015 Form 990

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(1) TRAVELERS LYNN SETLIFF......................................................................
SEE SCHEDULE O

2.00
.................

(2) STATE FARM JOHN C FINLEY......................................................................
SEE SCHEDULE O

1.00
.................

(3) ALFA BRYAN HUBBARD......................................................................
SEE SCHEDULE O

1.00
.................

(4) ZURICH JOYCE HALL MELLINGER......................................................................
SEE SCHEDULE O

1.00
.................

(5) CHUBB PATRICIA BONORA......................................................................
SEE SCHEDULE O

1.00
.................

(6) ALLSTATE ZAC BOWDEN......................................................................
SEE SCHEDULE O

1.00
.................

(7) NATIONWIDE KEITH VAUGHAN......................................................................
SEE SCHEDULE O

1.00
.................

(8) AMICO WILLIAM SCHRIMPF......................................................................
SEE SCHEDULE O

1.00
.................

(9) ANDREA LENTINE......................................................................
EXECUTIVE DIRECTOR

40.00
.................

126,318

7,863

(10) MARIANNE DEJOHN......................................................................
EMPLOYEE

40.00
.................

120,156

9,303

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(A) Name and business address	(B) Description of services	(C) Compensation
CORPORATE PHARMACY 319 BROAD ST GADSDEN,AL35901	RX CLAIMS	1,850,357
EQUIAN PO BOX 881 INDIANAPOLIS,IN46206	RX CLAIMS & MEDICAL SERVICES	1,131,305
GENEX SERVICES INC PO BOX 88026 CHICAGO,IL60680	MEDICAL SERVICES	716,831
CARLISLE MEDICAL INC PO BOX 9814 MOBILE,AL36691	MEDICAL SERVICES	677,122
LOCKHART CASE MANAGEMENT 459 MAIN STREET TRUSSVILLE,AL35173	MEDICAL SERVICES	333,655
2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 5

(A)
Name and business address

(B)
Description of services

CORPORATE PHARMACY

319 BROAD ST
GADSDEN,AL35901

RX CLAIMS

1,850,357

EQUIAN

PO BOX 881
INDIANAPOLIS,IN46206

RX CLAIMS & MEDICAL SERVICES

1,131,305

GENEX SERVICES INC

PO BOX 88026
CHICAGO,IL60680

MEDICAL SERVICES

716,831

CARLISLE MEDICAL INC

PO BOX 9814
MOBILE,AL36691

MEDICAL SERVICES

677,122

LOCKHART CASE MANAGEMENT

459 MAIN STREET
TRUSSVILLE,AL35173

MEDICAL SERVICES

333,655

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register ...	2d


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......	1	15,291,830
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................	2e	0
3	Subtract line 2e from line 1..................	3	15,291,830
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................	4c	0
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......	5	15,291,830

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........	1	12,839,589
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d....................	2e	0
3	Subtract line 2e from line 1...................	3	12,839,589
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.....................	4c	0
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......	5	12,839,589

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2015

Open to Public
Inspection

Name of the organization

ALABAMA INSURANCE GUARANTY ASSOCIATION

Employer identification number

63-0810507

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 6	THE ASSOCIATION'S MEMBERSHIP IS COMPRISED OF ALL INSURANCE COMPANIES THAT ARE LICENSED TO WRITE WORKERS' COMPENSATION, AUTOMOBILE, OTHER PROPERTY AND CASUALTY INSURANCE WITHIN THE STATE OF ALABAMA.
FORM 990, PART VI, SECTION A, LINE 7A	THE ASSOCIATION'S MEMBER COMPANIES THROUGH THE BOARD OF DIRECTORS SUGGEST MEMBERS FOR BOARD OF DIRECTOR VACANCIES AND SUCH MEMBERS ARE PRESENTED TO THE ALABAMA COMMISSIONER OF INSURANCE FOR APPROVAL.
FORM 990, PART VI, SECTION B, LINE 11	THE GOVERNING BODY IS PROVIDED A DRAFT OF THE FORM 990 FOR REVIEW AND APPROVAL.
FORM 990, PART VI, SECTION B, LINE 15	THE ASSOCIATION OBTAINS CURRENT COMPENSATION INFORMATION BY SURVEY OR OTHER MEANS OF DATA COLLECTION FOR EACH EMPLOYEE CLASSIFICATION. THE EXECUTIVE DIRECTOR PRESENTS THE COMPENSATION INFORMATION TO THE BOARD OF DIRECTORS FOR DELIBERATION AND FINAL APPROVAL AS TO EACH EMPLOYEE'S ANNUAL COMPENSATION AMOUNT.
FORM 990, PART VI, SECTION C, LINE 19	THE ASSOCIATION WILL: (1) MAKE ITS APPLICATION FOR RECOGNITION OF EXEMPTION AND ITS ANNUAL INFORMATION RETURNS AVAILABLE FOR PUBLIC INSPECTION WITHOUT CHARGE AT ITS PRINCIPAL OFFICES DURING REGULAR BUSINESS HOURS, (2) MAKE EACH ANNUAL INFORMATION RETURN AVAILABLE FOR A PERIOD OF 3 YEARS BEGINNING ON THE DATE THE RETURN IS REQUIRED TO BE FILED (DETERMINED WITH REGARD TO ANY EXTENSION OF TIME FOR FILING) OR IS ACTUALLY FILED, WHICHEVER IS LATER, OR (3) PROVIDE A COPY WITHOUT CHARGE, OTHER THAN A REASONABLE FEE FOR REPRODUCTION AND ACTUAL POSTAGE COSTS, OF ALL OR ANY PART OF ANY APPLICATION OR RETURN REQUIRED TO BE MADE AVAILABLE FOR PUBLIC INSPECTION TO ANY INDIVIDUAL WHO MAKES A REQUEST FOR SUCH COPY IN PERSON OR IN WRITING (EXCEPT AS PROVIDED IN REGULATIONS SECTIONS 301.6104(D)-2 AND -3).
FORM 990, PART XI, LINE 9:	DECR (INCR) IN CLAIMS LIABILITIES 12,379,107.
FORM 990, PART XII, LINE 1:	ALABAMA INSURANCE GUARANTY ASSOCIATION USES THE MODIFIED CASH METHOD OF ACCOUNTING.
FORM 990, PART XII, LINE 2C:	THE ASSOCIATION'S BOARD OF DIRECTORS APPROVED THE SELECTION OF THE INDEPENDENT ACCOUNTANT AND VOTES ON THE ACCEPTANCE OF THE ASSOCIATION'S AUDITED FINANCIAL STATEMENTS ANNUALLY.
FORM 990, PART I, LINE 3	THE ALABAMA INSURANCE GUARANTY ASSOCIATION FORM 990 WAS AMENDED TO INCLUDE A BOARD MEMBER WHO SERVED THE ASSOCIATION DURING 2015.
FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC:	TRAVELERS, LYNN SETLIFF CHAIRMAN 1/1-12/31 1000 WINDWARD CONCOURSE, ALPHARETTA, GA 30005 STATE FARM, JOHN C.FINLEY VICE-CHAIRMAN 1/1-12/31 100 STATE FARM PARKWAY, BIRMINGHAM, AL 35209 ALFA, BRYAN HUBBARD DIRECTOR 1/1-12/31 PO BOX 11000, MONTGOMERY, AL 36191 ZURICH, JOYCE HALL MELLINGER DIRECTOR 1/1-9/30 600 RED BROOK BLVD, STE 600, OWINGS MILL, MD 21117 CHUBB, PATRICIA BONORA DIRECTOR 10/1-12/31 1 BEAVER VALLEY ROAD - 1275, WILMINGTON, DE 19803 ALLSTATE, ZAC BOWDEN DIRECTOR 1/1-12/31 3100 INTERSTATE NORTH CIRCLE, STE 500, ATLANTA, GA 30339 NATIONWIDE, KEITH VAUGHAN DIRECTOR 1/1-12/31 1709 PEBBLE COVE, HOOVER, AL 35244 AMERICAN MINING, WILLIAM SCHRIMPF DIRECTOR 10/1-12/31 3490 INDEPENDENCE DRIVE, BIRMINGHAM, AL 35255

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2015

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: THE ALABAMA INSURANCE GUARANTY ACT MANDATED THE CREATION OF THE ALABAMA INSURANCE GUARANTY ASSOCIATION TO SERVE AS AN AGENT OF THE STATE OF ALABAMA. THE PURPOSE OF THE ASSOCIATION IS TO PROVIDE A MECHANISM FOR THE PAYMENT OF COVERED CLAIMS UNDER CERTAIN INSURANCE POLICIES, TO AVOID EXCESSIVE DELAY IN PAYMENT AND TO AVOID FINANCIAL LOSS TO CLAIMANTS OR POLICYHOLDERS BECAUSE OF THE INSOLVENCY OF AN INSURER, TO ASSIST IN THE DETECTION AND PREVENTION OF INSURER INSOLVENCIES, AND TO PROVIDE AN ASSOCIATION TO ALLOCATE THE COST OF SUCH PROTECTION AMONG INSURERS. THE ASSOCIATION HAS ACTED IN THIS CAPACITY SINCE ITS INCEPTION.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	7
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	7
5	Total number of individuals employed in calendar year 2015 (Part V, line 2a) ......	5	17
6	Total number of volunteers (estimate if necessary) .............	6	0
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	0	0
9	Program service revenue (Part VIII, line 2g) .........	6,674,547	7,070,873
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	71,084	57,375
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	6,254,263	8,163,583
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	12,999,894	15,291,831
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	0	0
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	1,410,691	1,355,380
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	12,296,706	11,484,209
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	13,707,397	12,839,589
19	Revenue less expenses. Subtract line 18 from line 12.......	-707,503	2,452,242
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	88,228,261	90,680,503
21	Total liabilities (Part X, line 26).............	186,865,241	174,486,134
22	Net assets or fund balances. Subtract line 21 from line 20.....	-98,636,980	-83,805,631

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	THE ALABAMA INSURANCE GUARANTY ACT MANDATED THE CREATION OF THE ALABAMA INSURANCE GUARANTY ASSOCIATION TO SERVE AS AN AGENT OF THE STATE OF ALABAMA.THE PURPOSE OF THE ASSOCIATION IS TO PROVIDE A MECHANISM FOR THE PAYMENT OF COVERED CLAIMS UNDER CERTAIN INSURANCE POLICIES, TO AVOID EXCESSIVE DELAY IN PAYMENT AND TO AVOID FINANCIAL LOSS TO CLAIMANTS OR POLICYHOLDERS BECAUSE OF THE INSOLVENCY OF AN INSURER, TO ASSIST IN THE DETECTION AND PREVENTION OF INSURER INSOLVENCIES, AND TO PROVIDE AN ASSOCIATION TO ALLOCATE THE COST OF SUCH PROTECTION AMONG INSURERS. THE ASSOCIATION HAS ACTED IN THIS CAPACITY SINCE ITS INCEPTION.ALABAMA INSURANCE GUARANTY ASSOCIATION HAS MAINTAINED THE BOOKS AND RECORDS AND ADMINISTERED CLAIMS FOR 59 INSOLVENCIES IN 2015. AS REQUIRED BY THE STATE OF ALABAMA STATUTE, THE BOOKS AND RECORDS OF EACH INSOLVENCY ARE MAINTAINED IN THREE SEPARATE ACCOUNTS: AUTO, WORKERS COMPENSATION AND OTHER. DURING THE YEAR, THE ASSOCIATION: 1. ASSESSED $7,070,873 FROM ITS MEMBER COMPANIES 2. PAID AUTO CLAIMS OF $63,000 3. PAID WORKERS COMPENSATION CLAIMS OF $9,879,960 4. INCURRED DIRECT EXPENSES OF ADMINISTERING THE CLAIMS OF $489,963 5. INCURRED LEGAL FEES ASSOCIATED WITH CLAIMS MANAGEMENT OF $301,644 6. INCURRED ADMINISTRATIVE EXPENSES OF $2,095,446 TO MAINTAIN ITS OFFICES, SUPPORT NATIONAL TRADE ASSOCIATION WHO ADMINISTERS CERTAIN INSOLVENCIES AND COMPENSATE ITS EMPLOYEES, MOST OF WHOM ADMINISTER CLAIMS.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	246,474	0	17,166

1a	Federated campaigns..	1a
b	Membership dues..	1b
c	Fundraising events..	1c
d	Related organizations	1d
e	Government grants (contributions)	1e

f	All other contributions, gifts, grants, and similar amounts not included above	1f

g	Noncash contributions included in lines 1a-1f:$
h Total.Add lines 1a-1f.......

			Business Code
2a	MEMBERS' ASSESSMENTS	524298	7,070,873	7,070,873
b
c
d
e
f	All other program service revenue.
g Total.Add lines 2a–2f.....			7,070,873

3 Investment income (including dividends, interest, and othersimilar amounts) ..........			57,375	57,375
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)
d	Net rental income or (loss)......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory
b	Less: cost or other basis and sales expenses
c	Gain or (loss)
d	Net gain or (loss).....
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
	a
b	Less: direct expenses ...b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a
b	Less: direct expenses ...b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
	a
b	Less: cost of goods sold ..b
c	Net income or (loss) from sales of inventory..
Business Code			Miscellaneous Revenue
11a	EARLY ASSET DISTRIBUTIONS		524298	7,682,863	7,682,863
b	DISTRIBUTION OF ASSETS		524298	407,786	407,786
c	CLAIM RECOVERIES		524298	72,934	72,934
d	All other revenue ....
e	Total. Add lines 11a–11d ......			8,163,583
12	Total revenue. See Instructions......			15,291,831	15,291,831	0	0

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21
2	Grants and other assistance to individuals in the United States. See Part IV, line 22
3	Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16
4	Benefits paid to or for members
5	Compensation of current officers, directors, trustees, and key employees ....	246,474
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....
7	Other salaries and wages	779,470
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	39,958
9	Other employee benefits .......	209,996
10	Payroll taxes ...........	79,482
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	137,147
c	Accounting ...........	150,159
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)
12	Advertising and promotion ....
13	Office expenses .......	60,767
14	Information technology ......	85,664
15	Royalties ..
16	Occupancy ...........	169,938
17	Travel ............	19,358
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	23,136
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	17,428
23	Insurance ...	4,248
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	CLAIMS PAID	9,952,536
b	CLAIMS EXPENSES	489,963
c	DIRECT LEGAL EXPENSE	301,644
d	ASSOCIATION DUES	66,682
e	All other expenses	5,539
25	Total functional expenses. Add lines 1 through 24e	12,839,589
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			5,553,824	1	7,938,511
2	Savings and temporary cash investments .........			82,626,971	2	82,683,744
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............				4
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
					6
7	Notes and loans receivable, net ....				7
8	Inventories for sale or use ........				8
9	Prepaid expenses and deferred charges ......				9
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	262,814
b	Less: accumulated depreciation	10b	204,566	47,466	10c	58,248
11	Investments—publicly traded securities .				11
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........				15
16	Total assets. Add lines 1 through 15 (must equal line 34)...			88,228,261	16	90,680,503

17	Accounts payable and accrued expenses .....		17
18	Grants payable ...		18
19	Deferred revenue .........		19
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..		22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D	186,865,241	25	174,486,134
26	Total liabilities. Add lines 17 through 25..	186,865,241	26	174,486,134

	Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets	-98,636,980	27	-83,805,631
28	Temporarily restricted net assets ...........		28
29	Permanently restricted net assets		29
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds .....		30
31	Paid-in or capital surplus, or land, building or equipment fund ...		31
32	Retained earnings, endowment, accumulated income, or other funds		32
33	Total net assets or fund balances ...........	-98,636,980	33	-83,805,631
34	Total liabilities and net assets/fund balances ........	88,228,261	34	90,680,503

1	Total number at end of year ....
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ....

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

1a	Land ...
b	Buildings
c	Leasehold improvements	3,091	3,091	0
d	Equipment ...	259,723	201,475	58,248
e	Other ...
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				58,248

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

(a) Description of security or category (including name of security)	(b)Book value	(c)Method of valuation: Cost or end-of-year market value
(1)Financial derivatives
(2)Closely-held equity interests
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
CLAIM LIABILITIES	174,486,134
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	174,486,134
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII