2022-11-14T20:05:22-06:00 2021-12-31 350921680 CROWE LLP 9600 Brownsboro Road Suite 400 Louisville KY 402413902 990 2021-01-01 391142212 Wisconsin Education Association Insurance Trust WISC 6082764000 45 Nob Hill Road Madison WI 53713 Dawn Witek Controller 6082764000 2022-11-14 true Dawn Witek 999009999 RACHEL SPURLOCK P00520729 5023263996 2021 2022-09-23 18:48:47Z Vaughn Vance 45 Nob Hill Road Madison WI 53713 121913279 false X WEATRUST.COM X 1970 WI To promote the health and financial security of Trust participants by providing excellent benefit programs and outstanding personal service that respects the dignity and worth of every member. 11 10 0 0 0 0 0 0 0 0 3738673 -6729790 12285 119015 3750958 -6610775 20000 114500 0 4170 18683 0 0 0 979131 840464 1003301 973647 2747657 -7584422 283754418 221677114 7574940 5095711 276179478 216581403 To promote the health and financial security of Trust participants by providing excellent benefit programs and outstanding personal service that respects the dignity and worth of every member. false false Provide health and welfare benefits to participants through insurance programs underwritten by an affiliated organization 0 false false false false false false false false true true false false true true false true false false false false false false false false false true false true false false false false false false false false false false false true true true false true 9 0 true 0 false false false false false false false false X 11 10 false false false false false false false true true false false true true true true true true false false false X Dawn Witek 6086616784 45 Nob Hill Road Madison WI 53713 Heather Mielke Trustee, Secretary/Treasurer 2.2 4.0 X X 0 7085 0 Margaret Guertler Trustee, Vice Chair 2.2 3.9 X X 0 7939 0 Mary Theisen Trustee, Chair 2.5 5.8 X X 0 12489 0 Amy Johnson Trustee 1.9 3.9 X 0 6000 0 Andrew Staab Trustee 2.1 2.6 X 0 4650 0 Carol Kettner Trustee 2.6 4.1 X 0 4400 0 Daniel Weidner Trustee 1.9 4.0 X 0 5075 0 David Kijek Trustee 2.0 0 X 1000 0 0 Mike Halloran Trustee 2.0 3.2 X 0 5375 0 Sarah Kruger Trustee 2.0 2.6 X 0 4325 0 Shelly Krajacic Trustee 1.7 0.9 X 0 4600 0 Barbara Ruegseggar Corporate Secretary 10.0 30.0 X 0 152780 48130 Bonni Fredrick Vice President General Counsel (eff. 11/2021) 10.0 30.0 X 0 178884 46565 Dawn Witek Controller 10.0 30.0 X 0 216981 45522 Michael Quist Executive Director (until 10/31/2021) 10.0 30.0 X 0 464323 61627 Theresa Lowe Chief Operating Officer (eff. 11/2021) 10.0 30.0 X 0 214167 51453 Vaughn Vance President (eff. 11/2021)/Vice President General Counsel (until 10/31/2021) 10.0 30.0 X 0 326944 64106 1000 1616017 317403 0 false true false 0 0 0 0 0 0 0 423528 423528 0 0 121370736 128524054 -7153318 0 -7153318 -7153318 COMMISSIONS 900099 119015 119015 0 0 0 0 119015 -6610775 119015 0 -6729790 114500 18683 12778 50361 107808 71387 66500 125000 1709 89329 Close WC Accounts 86 ALLOCATION OF COSTS TO AFFILIATES 315506 0 973647 935537 3756569 3181344 300368 0 0 0 0 0 0 0 0 0 0 0 0 0 0 168812 0 168812 168812 23811459 24480893 248961081 192313247 0 0 6696185 657225 283754418 221677114 13500 18548 0 0 0 0 0 0 0 0 7561440 5077163 7574940 5095711 X 276179478 216581403 276179478 216581403 283754418 221677114 X -7584422 2444392 -54458045 X false true X true false 168812 168812 168812 182053924 F Partnership interests 10259323 F 192313247 Benefits Payable 1401969 Small Group Self-funded 1746340 Payable to affiliates 489432 Payables for securities 1439422 5077163 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE TRUST, CORPORATION, HTHP AND NEUGEN ACCOUNT FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH FASB ASC 740, WHICH PROVIDES A FRAMEWORK FOR HOW COMPANIES SHOULD RECOGNIZE, MEASURE, PRESENT AND DISCLOSE UNCERTAIN TAX POSITIONS IN THEIR CONSOLIDATED FINANCIAL STATEMENTS. THE COMPANIES MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FROM SUCH POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE TRUST, CORPORATION, HTHP AND NEUGEN DID NOT RECORD ANY UNRECOGNIZED TAX BENEFITS AS OF DECEMBER 31, 2021 AND 2020. THE COMPANIES DO NOT BELIEVE IT IS REASONABLY POSSIBLE THAT ITS UNRECOGNIZED TAX BENEFITS WOULD MATERIALLY CHANGE IN THE NEXT TWELVE MONTHS. THE COMPANIES POLICY IS TO INCLUDE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AS A COMPONENT OF OTHER EXPENSES. AS OF DECEMBER 31, 2021 AND 2020, THE COMPANIES DID NOT RECORD ANY PENALTIES OR INTEREST ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS. true Second Harvest Foodbank of Southern Wisconsin 2802 Dairy Drive Madison WI 53718 391490691 501(C)(3) 7000 0 FMV N/A General Purposes WEA Member Benefits Foundation 660 John Nolen Dr Madison WI 53713 833341845 501(c)(3) 100000 0 FMV N/A General Purposes 2 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. On an interim basis, the grantee of restricted funds will provide the organization with a detail report that includes a summary of activities related to the program and a detail accounting of the uses or expenditures of the grant. The interim reports are reviewed by management. In addition, the organization can request to review the records of the grantee as deemed necessary with reasonable notice. false false false Bonni Fredrick Vice President General Counsel (eff. 11/2021) 0 161196 0 14587 0 3101 0 11364 0 35201 0 225449 0 0 Theresa Lowe Chief Operating Officer (eff. 11/2021) 0 192274 0 17289 0 4604 0 18794 0 32659 0 265620 0 0 Michael Quist Executive Director (until 10/31/2021) 0 401970 0 39305 0 23048 0 28800 0 32827 0 525950 0 0 Barbara Ruegseggar Corporate Secretary 0 130541 0 12355 0 9884 0 14302 0 33828 0 200910 0 0 Vaughn Vance President (eff. 11/2021)/Vice President General Counsel (until 10/31/2021) 0 278926 0 23928 0 24090 0 27425 0 36681 0 391050 0 0 Dawn Witek Controller 0 196104 0 17289 0 3588 0 19863 0 25659 0 262503 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation THE PRESIDENT/CEO WAS COMPENSATED BY A RELATED ORGANIZATION, NEUGEN LLC, WHICH UTILIZED AN INDEPENDENT COMPENSATION TOOL, PAYFACTORS, TO PROVIDE BENCHMARK SALARY INFORMATION. THE BENCHMARK DATA CONSIDERED COMPARABLE ORGANIZATIONS AND OUR GEOGRAPHIC AREA. THE COMPENSATION WAS APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OF NEUGEN LLC, AND DOCUMENTED IN THE MINUTES. Form 990, Part VI, Line 15a PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL The President/CEO was compensated by a related organization, NeuGen LLC, which UTILIZED AN INDEPENDENT COMPENSATION TOOL, PAYFACTORS, TO PROVIDE BENCHMARK SALARY INFORMATION. THE BENCHMARK DATA CONSIDERED COMPARABLE ORGANIZATIONS AND OUR GEOGRAPHIC AREA. The compensation was APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS of NeuGen LLC, AND DOCUMENTED IN THE MINUTES. THE MOST RECENT REVIEW OF COMPENSATION TOOK PLACE IN 2021. Form 990, Part VI, Line 15b PROCESS TO ESTABLISH COMPENSATION OF OTHER EMPLOYEES The officers of the organization were compensated by a related organization, NeuGen LLC. The compensation of all Vice Presidents was reviewed and approved by the Executive Committee of NeuGen, LLC in March. In addition, market adjustments were reviewed and approved by the Executive Committee in November. THE PROCESS was DOCUMENTED IN THE MINUTES OF THE EXECUTIVE COMMITTEE of NeuGen LLC. Salary information from comparable organizations within the geographic area was considered. THE MOST RECENT REVIEW OF COMPENSATION TOOK PLACE IN 2021. Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 is prepared by an external consulting firm. Any areas of concern are discussed and reviewed prior to signing. A complete copy of the Form 990 is presented to the Board members prior to filing. Form 990, Part VI, Line 12c Conflict of interest policy Upon appointment, each member of the governing body and the officers of the organization are required to complete a written conflict of interest policy form verifying that they have no conflicts of interest. Each year thereafter, this form is again completed to confirm there has not been a change in status. Form 990, Part VI, Line 19 Required documents available to the public The Trust makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Unrealized loss on investment in WEA Insurance Corporation - -54458045; WEA INSURANCE CORPORATION 45 NOB HILL ROAD MADISON WI 53713 391519322 HEALTH INSURANCE WI 501(c)(9) WISCONSIN EDUCATION ASSOCIATION INSURANCE TRUST true HEALTH TRADITION HEALTH PLAN 45 NOB HILL ROAD MADISON WI 53713 391545987 HEALTH MAINTENANCE ORGANIZATION WI WEA INSURANCE CORPORATION C Corporation NEUGEN LLC 45 NOB HILL RD MADISON WI 53713 830949021 SHARED SERVICE ORGANIZATION WI WEA INSURANCE CORPORATION C Corporation false false false false false false false false false false false false false true true true false false false