2018-11-14T13:00:48-06:00 2017-12-31 350921680 CROWE LLP 175 Powder Forest Drive Simsbury CT 060897902 990 2017-01-01 391142212 Wisconsin Education Association Insurance Trust WISC 6082764000 45 Nob Hill Road Madison WI 53713 Dawn Witek VP of Finance and Accounting 2018-11-14 true KRISTIN ANDERSON P01231300 8606789200 2017 2019-02-21 02:37:17Z Dawn Witek 45 Nob Hill Road Madison WI 53713 486953945 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 11 0 11 0 0 0 332258498 331952731 3015685 2409970 4598426 26389326 339872609 360752027 0 -7403776 3852308 0 0 0 341561914 329852143 334158138 333704451 5714471 27047576 234896440 247545560 53665697 37250366 181230743 210295194 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 false true true false true true false false true false false false false false false false false false false false true false false false false false false false false false false false true true true false true 7 0 true 0 false false false false false false X 11 11 false false false false true true true true true false false true true true true true true false false false X Dawn Witek 6086616784 45 Nob Hill Road Madison WI 53713 Mary Theisen Trustee, Chair 0.5 2.5 X 0 0 0 Margaret Guertler Trustee, Vice Chair 0.5 2.5 X 0 0 0 Mike Halloran Trustee 0.5 2.5 X 0 0 0 Amy Johnson Trustee 0.5 2.5 X 0 0 0 Carol Kettner Trustee 0.5 2.5 X 0 0 0 Heather Mielke Trustee, Secretary/Treasurer 0.5 2.5 X 0 0 0 Allen Knop Trustee 0.5 2.5 X 0 0 0 David Stella Trustee 0.5 2.5 X 0 0 0 Dan Weidner Trustee 0.5 2.5 X 0 0 0 Shelly Krajacic Trustee 0.5 2.5 X 0 0 0 David Kijek Trustee 0.5 2.5 X 0 0 0 Michael I Quist CEO/President 4.0 36.0 X 0 390713 71327 Vaughn Vance General Counsel 4.0 36.0 X 0 206444 62921 Dawn Witek Controller and Treasurer 4.0 36.0 X 0 146049 32636 Mark Moody Former Executive Director X 0 336821 0 0 1080027 166884 0 true true false 0 X 0 Net Contributions for welfare benefits 524114 332127759 332127759 Experience Rated Refund 524114 -175028 -175028 0 0 0 0 331952731 706831 706831 0 0 127905057 126201918 1703139 0 1703139 1703139 Net unrealized depreciation of subsid 524114 25886487 25886487 P&C Debenture 524114 400000 400000 EBC Fees 524114 74200 74200 28639 28639 0 0 26389326 360752027 358342057 0 2409970 3852308 43530 65685 170984 927113 0 0 0 56856 41858 315 0 0 7518 14912 Payments to Insurance Carriers 328523372 Fee to related organization 0 0 0 0 333704451 0 0 0 3083639 3667152 1581781 3141812 0 0 0 0 168812 0 168812 168812 48730422 33866722 154912325 182218469 0 26419461 24482593 234896440 247545560 298955 385420 0 53366742 36864946 53665697 37250366 X 181230743 210295194 181230743 210295194 234896440 247545560 27047576 2016875 0 X false true X true false 168812 168812 168812 175511892 F Partnership interests 6706577 F 182218469 Extended life premium reserve fund 24128764 Experience-rated refund receivable 215414 Interest Receivable 109489 Other Assets 28926 Securities Receivable 0 24482593 Benefits Payable 28802203 Contributions due to Corp 1945631 Advance Contributions 1790207 Small Group Self-funded 988583 Payable to affiliates 269412 Payables for securities 3068910 36864946 true false false Michael I Quist CEO/President 0 385703 0 0 0 5010 0 48489 0 22838 0 462040 0 0 Vaughn Vance General Counsel 0 201296 0 1900 0 3248 0 34228 0 28693 0 269365 0 0 Dawn Witek Controller and Treasurer 0 143246 0 250 0 2553 0 4250 0 28386 0 178685 0 0 Mark Moody Former Executive Director 0 172671 0 0 0 164150 0 0 0 0 0 336821 0 0 Schedule J, Part I, Line 4a Severance or change-of-control payment Mark Moody received severance pay of $100,000 from the corporation as part of a voluntary program he bought into. John Klett received severance pay for $27,865.41 from the corporation as a lump sum to leave. Form 990, Part VI, Line 15a The compensation of officers is set by WEA Insurance Corporation. An independent compensation consultant provided a recommendation based on benchmark salary information. The benchmark data considered comparable organizations and our geographic area. The recommendation was then approved by their Executive Committee of the Board of Directors. Form 990, Part VI, Line 15b The compensation of officers is set by WEA Insurance Corporation. Each year their Board of Directors sets the salary for all officers of the Corporation. Salary information from comparable organizations within the geographic area are considered. Form 990, Part VI, Line 6 Classes of members or stockholders WEA Insurance Corporation is a wholly owned subsidiary of Wisconsin Educations Association Insurance Trust. Wisconsin Education Association Trust is the sole shareholder. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body Wisconsin Education Association Insurance Trust Board are elected directly by membership. Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 is prepared by staff and reviewed by an external consulting firm. The Controller signs the form after her review. Any areas of concern are discussed and reviewed prior to signing. A draft 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 is 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 VIII, Line 11d Other Miscellaneous Revenue EBC Commission for groups that sign up - Total Revenue: 15088, Related or Exempt Function Revenue: 15088, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; HRA Fees - Total Revenue: 13551, Related or Exempt Function Revenue: 13551, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; ADAMS COUNTY N/A ALMA CENTER SCHOOL DISTRICT N/A ANTIGO UNIFIED SCHOOL DISTRICT N/A ARCADIA SCHOOL DISTRICT N/A ARROWHEAD UNION HIGH SCHOOL DISTRICT N/A AUGUSTA SCHOOL DISTRICT N/A BAYFIELD SCHOOL DISTRICT N/A BIG FOOT UNION HIGH SCHOOL N/A BIRCHWOOD SCHOOL DISTRICT N/A BLACK RIVER FALLS SCHOOL DISTRICT N/A BLAIR-TAYLOR SCHOOL DISTRICT N/A BOYCEVILLE COMMUNITY SCHOOL DISTRICT N/A BRUCE SCHOOL DISTRICT N/A BUFFALO CITY CITY OF N/A BURLINGTON AREA SCHOOL DISTRICT N/A CADOTT COMMUNITY SCHOOL DISTRICT N/A CAMBRIA-FRIESLAND SCHOOL DISTRICT N/A CAMERON SCHOOL DISTRICT N/A CESA 11 N/A CHIPPEWA VALLEY TECHNICAL COLLEGE N/A CLAYTON SCHOOL DISTRICT N/A COCHRANE-FOUNTAIN CITY SCHOOL DISTRICT N/A COLEMAN SCHOOL DISTRICT N/A COLFAX SCHOOL DISTRICT N/A CUDAHY CITY OF N/A DE SOTO AREA SCHOOL DISTRICT N/A DRUMMOND AREA SCHOOL DISTRICT N/A DURAND - ARKANSAW SCHOOL DISTRICT N/A FALL CREEK SCHOOL DISTRICT N/A FOX POINT-BAYSIDE SCHOOL DISTRICT N/A FREEDOM AREA SCHOOL DISTRICT N/A GALE-ETTRICK-TREMPEALEAU SCHOOL DISTRICT N/A HARTFORD JT 1 SCHOOL DISTRICT N/A HARTLAND-LAKESIDE JT 3 SCHOOL DISTRICT N/A HEALTH CONVERSION PLAN N/A HILLSBORO SCHOOL DISTRICT N/A HORICON SCHOOL DISTRICT N/A INCLUSA INC N/A IOLA-SCANDINAVIA SCHOOL DISTRICT N/A KENOSHA SCHOOL DISTRICT N/A LAKE COUNTRY SCHOOL DISTRICT N/A LAKE GENEVA SCHOOLS N/A LAKE HOLCOMBE SCHOOL DISTRICT N/A LOMIRA SCHOOL DISTRICT N/A MANAWA SCHOOL DISTRICT N/A MAPLE DALE-INDIAN HILL SCHOOL DISTRICT N/A MARION SCHOOL DISTRICT N/A MAUSTON SCHOOL DISTRICT N/A MENOMINEE INDIAN SCHOOL DISTRICT N/A MEQUON-THIENSVILLE SCHOOL DISTRICT N/A MERTON COMMUNITY SCHOOL DISTRICT N/A MOUNT PLEASANT VILLAGE OF N/A NEW AUBURN SCHOOL DISTRICT N/A NEW HOLSTEIN SCHOOL DISTRICT N/A NEW LISBON SCHOOL DISTRICT N/A NEW LONDON SCHOOL DISTRICT N/A NEW LONDON CITY OF N/A NICOLET UNION HIGH SCHOOL N/A NORTH LAKE SCHOOL DISTRICT N/A NORTH SHORE FIRE DEPARTMENT N/A NORTHERN OZAUKEE SCHOOL DISTRICT N/A NORTHWOOD SCHOOL DISTRICT N/A OAKFIELD SCHOOL DISTRICT N/A OMRO SCHOOL DISTRICT N/A OSSEO-FAIRCHILD SCHOOL DISTRICT N/A PEPIN AREA SCHOOL DISTRICT N/A PEWAUKEE SCHOOL DISTRICT N/A PLATTEVILLE CITY OF N/A PORT WASHINGTON-SAUKVILLE SCHOOL DISTRICT N/A PRAIRIE DU CHIEN SCHOOL DISTRICT N/A RANDALL CONSOLIDATED SCHOOL DISTRICT JT 1 N/A RANDOM LAKE SCHOOL DISTRICT N/A RAYMOND SCHOOL DISTRICT #14 N/A REEDSBURG SCHOOL DISTRICT N/A REEDSVILLE SCHOOL DISTRICT N/A RICHFIELD JOINT 1 SCHOOL DISTRICT N/A RICHMOND SCHOOL DISTRICT N/A ROSENDALE-BRANDON SCHOOL DISTRICT N/A ROYALL SCHOOL DISTRICT N/A RUSK COUNTY N/A RUSK COUNTY HOSPITAL N/A SHAWANO SCHOOL DISTRICT N/A SHELL LAKE SCHOOL DISTRICT N/A ST FRANCIS CITY OF N/A STONE BANK SCHOOL DISTRICT N/A SUPERIOR SCHOOL DISTRICT N/A SUSSEX VILLAGE OF N/A SWALLOW SCHOOL DISTRICT N/A TOMAH AREA SCHOOL DISTRICT N/A TOMORROW RIVER SCHOOL DISTRICT N/A TREVOR WILMOT CONSOLIDATED SCHOOL DISTRICT N/A UNION GROVE JT 1 SCH DIST Total N/A WABENO AREA SCHOOL DISTRICT N/A WAUPACA SCHOOL DISTRICT N/A WAUPUN AREA SCHOOL DISTRICT N/A WEA INSURANCE CORPORATION N/A WEA MED PLUS N/A WEA PROPERTY & CASUALTY INSURANCE COMPANY N/A WEST ALLIS-WEST MILWAUKEE SCHOOL DISTRICT N/A WEST DE PERE SCHOOL DISTRICT N/A WEST SALEM SCHOOL DISTRICT N/A WESTFIELD SCHOOL DISTRICT N/A WHEATLAND CENTER JT 1 SCHOOL DISTRICT N/A WHITEFISH BAY SCHOOL DISTRICT N/A WHITEFISH BAY VILLAGE OF N/A WILD ROSE SCHOOL DISTRICT N/A WISCONSIN DELLS SCHOOL DISTRICT N/A WISCONSIN EDUCATION ASSOCIATION COUNCIL N/A WISCONSIN EMPLOYEE TRUST FUND N/A WONEWOC-UNION CENTER SCHOOL DISTRICT N/A false false false false false false false false false false false false true true true true false false false WEA Insurance Corp M 335435226 ACTUAL WEA Insurance Corp P 565000 ACTUAL WEA Insurance Corp O 125000 ACTUAL