2018-11-14T13:01:07-06:00 2017-12-31 350921680 CROWE LLP 175 Powder Forest Drive Simsbury CT 060897902 990 2017-01-01 391519322 WEA Insurance Corporation WEAI 6082764000 45 Nob Hill Road Madison WI 537133959 Dawn Witek VP of Accounting and Finance 2018-11-14 true KRISTIN ANDERSON P01231300 8606789200 2017 2019-02-21 02:37:17Z Dawn Witek 45 Nob Hill Road Madison WI 537133959 1112973412 false X WEATRUST.COM X 1985 WI To promote the health and financial security of participants by providing excellent benefit programs and outstanding personal service that respects the dignity and worth of every member. 12 12 285 0 0 0 0 496570257 467307480 35920657 17777051 730478 777849 533221392 485862380 0 452183396 433900361 29590065 24404641 0 0 28984580 30996675 510758041 489301677 22463351 -3439297 646033217 663864126 496407813 488352234 149625404 175511892 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 Health Insurance programs provide benefits for approximately 33,300 health participants, 300 long-term disability participants, 3,100 vision participants, and 8,200 long term care participants. 0 false false false false false false false false false true false false false true false false false false false false false false false false false false false false true false false false false false false false false false false false true false false true 4222 0 true 285 true false false false false false false X 12 12 false false false false true true false true true false false true true true true true true true true false X Dawn Witek 6086616784 45 Nob Hill Road Madison WI 53713 Margaret Guertler Board Member 2.5 0.5 X 0 0 0 Mike Halloran Board Member 2.5 0.5 X 0 0 0 Amy Johnson Board Member 2.5 0.5 X 0 0 0 Carol Kettner Board Member 2.5 0.5 X 0 0 0 Allen Knop Board Member 2.5 0.5 X 0 0 0 Mark Litow Board Member 2.5 0.5 X 0 0 0 Heather Mielke Board Member 2.5 0.5 X 0 0 0 Geoffrey Priest Board Member 2.5 0.5 X 0 0 0 David Stella Board Member 2.5 0.5 X 0 0 0 Mary Theisen Board Member 2.5 0.5 X 0 0 0 Susan Thomson Board Member 2.5 0.5 X 0 0 0 Dan Weidner Board Member 2.5 0.5 X 0 0 0 Michael Quist CEO/President 36.0 4.0 X 390713 0 71328 Vaughn Vance General Counsel/Vice President\Corporate Secretary 36.0 4.0 X 206444 0 62921 Dawn Witek Controller and Treasurer 40.0 0.0 X 146049 0 32636 Timothy Bartholow Chief Medical Officer 40.0 0.0 X 334864 0 81090 Jon E Klett VP of Sales, Marketing, and Product Development 40.0 0.0 X 311595 0 116358 Kyle Humphrey Senior Director Marketing and Product Development 40.0 0.0 X 169495 0 22431 John Church Senior Director of Business Services 40.0 0.0 X 168181 0 58162 Mary Hughes Senior Director of Health Care Service & Value 40.0 0.0 X 148070 0 42172 Michael Schwitzer Account Executive 40.0 0.0 X 174671 0 13682 Theresa Lowe Senior Director of Insurance Operations 40.0 0.0 X 150410 0 48698 Joseph Weyer Director of Provider Contracting and Network Mgmt 40.0 0.0 X 146425 0 55964 Mark Moody Former CEO/President X 336821 0 0 2683738 0 605442 45 true true false Medimpact Healthcare Systems Inc 10181 Scripps Gateway Ct San Diego CA 92131 Pharmacy Benefit Manager 38900259 Nob Hill Investments LLC 101 Nob Hill Road Madison WI 53713 Property Management 1869524 M3 Insurance Solutions Inc 3113 West Beltline Highway PO Box 8950 Madison WI 53713 Agency Commissions 1676864 Emids Technologies Inc 318 Seaboard Ln Suite 110 Franklin TN 37067 Providing healthcare IT services and solutions 1468316 HealthEdge Software Inc 3D Corporate Drive Burlington MA 01803 Information Technology Company 1396570 55 X 0 Contributions Received 524114 466617480 466617480 Related Org Admin Services Revenue 524114 690000 690000 0 0 0 0 467307480 13985598 13985598 0 0 0 0 0 0 0 0 630902485 627111032 3791453 0 3791453 3791453 Commissions 632155 632155 The Alliance 121144 121144 Investment Activity 16189 16189 8361 8361 0 0 777849 485862380 468085329 0 17777051 433900361 2030915 0 0 0 15067985 1125047 4715269 1465425 0 280630 1042402 73160 2299063 10898776 0 0 0 766650 1259357 11211584 1976337 278406 127958 15314 120591 218063 Insurance Dept Licenses and Fees 831297 ACA Fees 216198 Charitable Donations 39359 Member Incentives 38833 -697303 0 0 0 489301677 0 0 0 7434657 10463357 20773257 28587646 4048519 1945631 0 0 0 1294871 1369627 9193902 8550897 408178 643005 601113303 612540926 0 0 10960432 8313934 646033217 663864126 24095027 21397985 15530379 20801915 0 456782407 446152334 496407813 488352234 X 2000000 2000000 147625404 173511892 149625404 175511892 646033217 663864126 X -3439297 28883705 0 0 0 442080 X false true X true false 343180 9266 333914 8850722 8541631 309091 643005 Benefits Payable 429742042 Payable for Securities 16410292 446152334 X X X true false false Michael Quist CEO/President 385704 0 0 0 5009 0 48489 0 22839 0 462041 0 0 0 Vaughn Vance General Counsel/Vice President\Corporate Secretary 201296 0 1900 0 3248 0 34228 0 28693 0 269365 0 0 0 Dawn Witek Controller and Treasurer 143246 0 250 0 2553 0 4250 0 28386 0 178685 0 0 0 Timothy Bartholow Chief Medical Officer 325769 0 2900 0 6195 0 52200 0 28890 0 415954 0 2900 0 Jon E Klett VP of Sales, Marketing, and Product Development 217338 0 62100 0 32157 0 95466 0 20892 0 427953 0 0 0 Kyle Humphrey Senior Director Marketing and Product Development 165500 0 1600 0 2395 0 0 0 22431 0 191926 0 0 0 John Church Senior Director of Business Services 160846 0 4950 0 2385 0 29700 0 28462 0 226343 0 0 0 Mary Hughes Senior Director of Health Care Service & Value 144002 0 1470 0 2598 0 19821 0 22351 0 190242 0 0 0 Michael Schwitzer Account Executive 172513 0 750 0 1408 0 0 0 13682 0 188353 0 0 0 Theresa Lowe Senior Director of Insurance Operations 146323 0 1477 0 2610 0 26342 0 22356 0 199108 0 1477 0 Joseph Weyer Director of Provider Contracting and Network Mgmt 142943 0 1365 0 2117 0 27639 0 28325 0 202389 0 0 0 Mark Moody Former CEO/President 172671 0 0 0 164150 0 0 0 0 0 336821 0 0 0 Schedule J, Part I, Line 4a Severance or change-of-control payment Mark Moody received severance pay for $100,000 as part of a severance arrangement. John Klett received a severance pay of $27,864 as part of a severance arrangement. Form 990, Part VI, Line 1a Delegate broad authority to a committee The Board of Directors shall have the power to appoint, by resolution adopted by a majority of the whole Board of Directors, a standing committee consisting of three (3) or more directors, to constitute an Executive Committee and also to appoint such other committees as the Board in its discretion shall create. The Executive Committee shall have and exercise all of the authority of the Board of Directors in the management of the Corporation, but only to the extent which such power and authority shall be delegated to such Executive Committee in the resolution appointing the Executive Committee. Form 990, Part VI, Line 6 Classes of members or stockholders WEA Insurance Corporation is a wholly owned subsidiary of Wisconsin Education 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 elects all board members. Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 is reviewed by an external accounting firm. Any areas of concern are discussed and reviewed prior to filing. A draft 990 is provided to the entire board of directors 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 conflict of interest. Each year thereafter, this form is again completed to confirm there have been no changes in status. Form 990, Part VI, Line 15a Process to establish compensation of top management official 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 the Executive Committee of the Board of Directors. The most recent review of compensation took place in 2017. Form 990, Part VI, Line 15b Process to establish compensation of other employees Each year the Board of Directors sets the salary for all officers of the Corporation. Salary information from comparable organizations within the geographic area are considered. The most recent review of compensation took place in 2017. Form 990, Part VI, Line 19 Required documents available to the public WEA Insurance Corporation is regulated by the Office of the Commissioner of Insurance (OCI) of the state of Wisconsin. WEA is required to submit its' governing documents, conflict of interest statements, and financial statements to the OCI. These documents then become a matter of public record. These documents are also available upon request. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Other - Total Revenue: 8361, Related or Exempt Function Revenue: 8361, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN LAE RESERVES - 442080; Wisconsin Education Association Insurance Trust 45 Nob Hill Road Madison WI 53713 391142212 VEBA Trust WI 501(c)(9) NA false false false false false false false false false false false false true true true true false true false false