NonprofitsWea Insurance Corporation

Wea Insurance Corporation

MADISON, WI

Total revenue

$22.4M

Total expenses

$15.0M

Net assets

$75.3M

Grants received

EIN

391519322

Tax year

2024

Mission

Ensuring peace of mind along the healthcare journey through compassionate employees who proudly deliver exceptional services.

Programs

1 program

Performance of services necessary for the operation of the wisconsin education association insurance trust (wea trust), including the payment of claims and related administrative costs association with trust benefit plans using trust funds.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$2.6M
Investment income$19.7M
Other revenue$145K
Total revenue$22.4M

Expenses

Grants paid
Salaries & benefits$2.5M
Fundraising
Other expenses$5.4M
Total expenses$15.0M
Total assets$552.1M
Net assets$75.3M

People

13 listed

NameRoleCompensation

VAUGHN VANCE

PRESIDENT & CEO

Board

$208K

20 hrs/wk

BARB RUEGSEGGER

VICE PRESIDENT & CORPORATE SECRETARY

Board

$89K

20 hrs/wk

JIM KRUEGER

CONTROLLER & CORPORATE TREASURER

Board

$11K

10 hrs/wk

MARY THEISEN

BOARD MEMBER, CHAIR

Board

$3K

2.25 hrs/wk

MARGARET GUERTLER

BOARD MEMBER, VICE CHAIR

Board

$3K

2.25 hrs/wk

HEATHER MIELKE

BOARD MEMBER, SECRETARY/TREASURER

Board

$2K

2.25 hrs/wk

MIKE HALLORAN

BOARD MEMBER

Board

$1K

1.25 hrs/wk

AMY JOHNSON

BOARD MEMBER

Board

$1K

1.25 hrs/wk

CAROL KETTNER

BOARD MEMBER

Board

$1K

1.25 hrs/wk

SHELLY KRAJACIC

BOARD MEMBER

Board

$1K

1.25 hrs/wk

SARAH KRUGER

BOARD MEMBER

Board

$950

1.25 hrs/wk

PEGGY WIRTZ-OLSEN

BOARD MEMBER

Board

$950

1.25 hrs/wk

ANDREW STAAB

BOARD MEMBER

Board

$900

1.25 hrs/wk

Independent contractors

NOB HILL INVESTMENTS LLC

BUILDING RENTAL

$2.1M

MILLIMAN

ACTUARIAL SERVICES

$480K

DEWITT ROSS & STEVENS LAW FIRM

LEGAL SERVICES

$373K

BENAFICA

INDIVIDUAL CHOICE HEALTH REIMBURSEMENT A

$360K

BAKER TILLY US LLP

AUDIT/ACCOUNTING SERVICES

$165K

Details

EIN391519322
Subsection09
Ruling date1988-12
Formed1985
Employees0
Volunteers0
WEA INSURANCE CORPORATION — Mission, Financials & Grants Received | Grantivo