TEXAS MUTUAL INSURANCE COMPANY: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- TEXAS MUTUAL INSURANCE COMPANY (EIN 74-2615873)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-10-09
- IRS object ID
- 201442829349300649
- Schema version
- 2013v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-10-09T14:24:00-06:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 742615873 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEXAS MUTUAL INSURANCE COMPANY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TEXA | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6210 EAST HIGHWAY 290 | AddressLine1 |
| City | AUSTIN | City |
| State | TX | State |
| ZIP Code | 78723 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MIKE BARRON | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 5122247972 | PhoneNum |
| Signature | 2014-10-08 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MIKE BARRON | PrincipalOfficerNm |
| Gross Receipts | $4,643,919,506 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.TEXASMUTUAL.COM | WebsiteAddressTxt |
| Type Of Organization Other | Yes (X) | TypeOfOrganizationOtherInd |
| Other Organization Dsc | MUTUAL | OtherOrganizationDsc |
| Formation | 1991 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | ESTABLISHED BY TEXAS STATUTE TO SERVE AS A COMPETITIVE FORCE AND ACT AS THE WORKERS' COMPENSATION INSURER OF LAST RESORT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 901 | TotalEmployeeCnt |
| Total Gross UBI | -$3,897,887 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$3,897,887 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $844,842,754 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $989,335,921 | CYProgramServiceRevenueAmt |
| PY Investment Income | $246,578,376 | PYInvestmentIncomeAmt |
| CY Investment Income | $266,434,089 | CYInvestmentIncomeAmt |
| PY Other Revenue | $264,722 | PYOtherRevenueAmt |
| CY Other Revenue | $812,677 | CYOtherRevenueAmt |
| PY Total Revenue | $1,091,685,852 | PYTotalRevenueAmt |
| CY Total Revenue | $1,256,582,687 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $77,445,183 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $82,701,889 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $845,566,181 | PYOtherExpensesAmt |
| CY Other Expenses | $928,052,435 | CYOtherExpensesAmt |
| PY Total Expenses | $923,011,364 | PYTotalExpensesAmt |
| CY Total Expenses | $1,010,754,324 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $168,674,488 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $245,828,363 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,890,294,385 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,517,176,651 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,955,905,382 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,186,694,625 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,934,389,003 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,330,482,026 | NetAssetsOrFundBalancesEOYAmt |
| Mission | ESTABLISHED BY TEXAS STATUTE TO SERVE AS A COMPETITIVE FORCE AND ACT AS THE WORKERS' COMPENSATION INSURER OF LAST RESORT. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Revenue | $990,148,598 | RevenueAmt |
| Desc | THE COMPANY WROTE 64844 POLICIES DURING 2013. AT THE END OF 2013 THE COMPANY HAD 58442 POLICIES IN FORCE COVERING APPROXIMATELY 1327785 TEXAS EMPLOYEES. OVER 45000 CLAIMS WERE RECEIVED AND PROCESSED DURING THE YEAR AND APPROXIMATELY 382 MILLION IN BENEFITS WERE PAID OUT TO INJURED WORKERS. | Desc |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 7752 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 901 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MIKE BARRON | PersonNm |
| Phone | 5122247972 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6210 EAST HIGHWAY 290 | AddressLine1 |
| City | AUSTIN | City |
| State | TX | State |
| ZIP Code | 78723 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (44 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| ROBERT C BARNES | ||||||||
| DIRECTOR | 2 | Yes (X) | $66,000 | $0 | $0 | |||
| ERIC L OLIVER | ||||||||
| DIRECTOR | 2 | Yes (X) | $48,500 | $0 | $0 | |||
| LINDA FOSTER-SMITH | ||||||||
| DIRECTOR | 2 | Yes (X) | $49,500 | $0 | $0 | |||
| GEORGE WESCH JR | ||||||||
| DIRECTOR | 2 | Yes (X) | $23,500 | $0 | $0 | |||
| JAY L EISEN | ||||||||
| DIRECTOR | 2 | Yes (X) | $41,750 | $0 | $0 | |||
| DELIA REYES | ||||||||
| DIRECTOR | 2 | Yes (X) | $28,000 | $0 | $0 | |||
| BERNARD C FRANCIS | ||||||||
| DIRECTOR | 2 | Yes (X) | $28,000 | $0 | $0 | |||
| JOHN D SWANSON | ||||||||
| DIRECTOR | 2 | Yes (X) | $33,000 | $0 | $0 | |||
| TOMMY D PHILIPS | ||||||||
| DIRECTOR | 2 | Yes (X) | $42,750 | $0 | $0 | |||
| JOHN H YOUNG | ||||||||
| DIRECTOR | 2 | Yes (X) | $8,500 | $0 | $0 | |||
| RICHARD J GERGASKO | ||||||||
| PRESIDENT & CEO | 40 | $450,457 | $0 | $44,465 | Yes (X) | |||
| LEONARD RANDALL JOHNSON | ||||||||
| SENIOR VICE PRESIDENT | 40 | $346,644 | $0 | $81,244 | Yes (X) | |||
| PERRY MICHAEL BARRON | ||||||||
| CHIEF FINANCIAL OFFICER | 40 | $351,015 | $0 | $56,431 | Yes (X) | |||
| WILLIAM ALLEN MCLELLAN | ||||||||
| SENIOR VICE PRESIDENT | 40 | $352,106 | $0 | $46,023 | Yes (X) | |||
| MARY B NICHOLS | ||||||||
| GENERAL COUNSEL AND SENIOR VICE PRESIDENT | 40 | $344,355 | $0 | $45,111 | Yes (X) | |||
| STEVEN MATH | ||||||||
| SENIOR VICE PRESIDENT | 40 | $314,852 | $0 | $52,344 | Yes (X) | |||
| BENJAMIN JOEL TURNER | ||||||||
| SENIOR VICE PRESIDENT AND CHIEF ACTUARY | 40 | $307,644 | $0 | $74,354 | Yes (X) | |||
| TERRY L FRAKES | ||||||||
| SENIOR VICE PRESIDENT | 40 | $311,345 | $0 | $36,615 | Yes (X) | |||
| BRENDA J WARD | ||||||||
| SENIOR VICE PRESIDENT | 40 | $277,279 | $0 | $53,099 | Yes (X) | |||
| JOSEPH ALBERT YURKOVICH | ||||||||
| SENIOR VICE PRESIDENT | 40 | $269,663 | $0 | $35,458 | Yes (X) | |||
| LISA MARIE CORLESS | ||||||||
| FORMER CHIEF OPERATING OFFICER | 40 | $274,903 | $0 | $63,730 | Yes (X) | |||
| RONALD O WRIGHT | ||||||||
| FORMER CHIEF EXECUTIVE OFFICER | 40 | $448,960 | $0 | $18,557 | Yes (X) | |||
| CECILY A GALLAGHER | ||||||||
| FORMER CHIEF ACTUARY | 40 | $201,530 | $0 | $47,139 | Yes (X) | |||
| TERRENCE L BUCHHEIT | ||||||||
| VICE PRESIDENT | 40 | $260,051 | $0 | $64,723 | Yes (X) | |||
| DAVID W JOHN | ||||||||
| VICE PRESIDENT | 40 | $243,254 | $0 | $73,324 | Yes (X) | |||
| KENNETH W LAUBER | ||||||||
| VICE PRESIDENT | 40 | $239,694 | $0 | $44,711 | Yes (X) | |||
| MITCHELL D WALSH | ||||||||
| VICE PRESIDENT | 40 | $234,311 | $0 | $67,870 | Yes (X) | |||
| LYNETTE T CALDWELL | ||||||||
| VICE PRESIDENT | 40 | $230,534 | $0 | $61,574 | Yes (X) | |||
| JAMES R KOHLOFF | ||||||||
| VICE PRESIDENT | 40 | $212,053 | $0 | $61,569 | Yes (X) | |||
| JODY ANN HEINS | ||||||||
| VICE PRESIDENT | 40 | $231,833 | $0 | $45,142 | Yes (X) | |||
| KIM HAUGAARD | ||||||||
| VICE PRESIDENT | 40 | $232,724 | $0 | $54,806 | Yes (X) | |||
| JEFFREY PAUL LENTZ | ||||||||
| VICE PRESIDENT | 40 | $203,314 | $0 | $64,268 | Yes (X) | |||
| ERNEST W STOKEY | ||||||||
| VICE PRESIDENT | 40 | $311,478 | $0 | $44,445 | Yes (X) | |||
| JO BETSY NORTON | ||||||||
| VICE PRESIDENT | 40 | $216,010 | $0 | $52,180 | Yes (X) | |||
| PHOEBE ALEXIS SAMUELS TINNEY | ||||||||
| VICE PRESIDENT | 40 | $174,484 | $0 | $40,561 | Yes (X) | |||
| TIMOTHY PATRICK RILEY | ||||||||
| VICE PRESIDENT | 40 | $190,841 | $0 | $38,854 | Yes (X) | |||
| JEFFREY HIRAM SKAGGS | ||||||||
| FORMER VICE PRESIDENT | 40 | $205,311 | $0 | $43,752 | Yes (X) | |||
| BILLY A JACKSON | ||||||||
| VICE PRESIDENT | 40 | $160,843 | $0 | $37,199 | Yes (X) | |||
| BILL W HUCKABY | ||||||||
| GENERAL AUDITOR | 40 | $162,880 | $0 | $41,655 | Yes (X) | |||
| DIANE MARIE STARKEY | ||||||||
| SENIOR MANAGER | 40 | $172,880 | $0 | $38,925 | Yes (X) | |||
| MARTIN J LEIFKER | ||||||||
| SENIOR MANAGER | 40 | $161,464 | $0 | $51,084 | Yes (X) | |||
| JEANNETTE A SPRAGUE | ||||||||
| SENIOR MANAGER | 40 | $191,194 | $0 | $51,618 | Yes (X) | |||
| MYCHAEL V RITTERHOFF | ||||||||
| SENIOR MANAGER | 40 | $165,021 | $0 | $29,750 | Yes (X) | |||
| MARGARET ANN WILSON | ||||||||
| SENIOR MANAGER | 40 | $164,862 | $0 | $31,149 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $8,985,289 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $1,693,729 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 121 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | Address Line2ContractorAddress/USAddress/AddressLine2 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| COMBINED AGENTS OF AMERICA | ||||||
| 6805 N CAPITAL OF TEXAS HWY | SUITE 250 | AUSTIN | TX | 78731 | INDEPENDENT AGENCY | $3,484,162 |
| AMY WICK MARKETING COMMUNICATION | ||||||
| 524 N LAMAR BLVD | SUITE 202 | AUSTIN | TX | 78703 | ADVERTISING SERVICES | $2,655,616 |
| JOHN L WORTHAM SON LP | ||||||
| 2727 ALLEN PARKWAY | SUITE 2200 | HOUSTON | TX | 77019 | INDEPENDENT INSURANCE BROKER AND CONSULTING SERVICES | $1,762,578 |
| ARNOLD PLACEK PC | ||||||
| 203 E MAIN STREET | 201 | ROUND ROCK | TX | 78664 | LEGAL SERVICES | $1,210,045 |
| BANK OF AMERICA | ||||||
| PO BOX 405874 | ATLANTA | GA | 30384 | FINANCIAL SERVICES | $1,103,738 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 43 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PREMIUMS EARNED | Desc |
| Business | 524150 | BusinessCd |
| Total Revenue Column | $989,335,921 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $989,335,921 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $989,335,921 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $149,829,840 | TotalRevenueColumnAmt |
| Exclusion | $149,829,840 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,503,817,261 | SecuritiesAmt |
| Other | $123,806 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,387,321,036 | SecuritiesAmt |
| Other | $15,782 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $116,496,225 | SecuritiesAmt |
| Other | $108,024 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $116,604,249 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$3,897,887 | UnrelatedBusinessRevenueAmt |
| Exclusion | $120,502,136 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| FINANCE & SERVICE CHARGES | 524150 | $469,071 | $469,071 |
| RETROACTIVE REINSURANCE GAIN | 524150 | $343,606 | $343,606 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $812,677 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,256,582,687 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $990,148,598 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$3,897,887 | UnrelatedBusinessRevenueAmt |
| Exclusion | $270,331,976 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,621,071 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,533,214 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,319,708 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,995,526 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,232,370 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,078,339 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $738,800 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $504,021 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,593,934 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,358,932 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,459,144 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,645,220 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,434,066 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,746,125 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,907,603 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $236,818 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,433,575 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| LOSSES INCURRED | $520,971,406 |
| POLICYHOLDER DIVIDEND | $183,181,495 |
| COMMISSION | $136,036,895 |
| TAXES LICENSES AND FEES | $27,500,258 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,225,804 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,010,754,324 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $211,363 | BOYAmt |
| EOY | $7,494,201 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $148,671,323 | BOYAmt |
| EOY | $101,345,924 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $296,977,373 | BOYAmt |
| EOY | $359,982,958 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $44,105,385 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $25,229,324 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,319,931 | BOYAmt |
| EOY | $18,876,061 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,230,398,172 | BOYAmt |
| EOY | $4,755,217,993 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $164,036,757 | BOYAmt |
| EOY | $242,945,516 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,679,466 | BOYAmt |
| EOY | $31,313,998 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,890,294,385 | BOYAmt |
| EOY | $5,517,176,651 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,085,457 | BOYAmt |
| EOY | $94,598,860 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $428,272,676 | BOYAmt |
| EOY | $501,127,560 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,436,547,249 | BOYAmt |
| EOY | $2,590,968,205 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,955,905,382 | BOYAmt |
| EOY | $3,186,694,625 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,934,389,003 | BOYAmt |
| EOY | $2,330,482,026 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,934,389,003 | BOYAmt |
| EOY | $2,330,482,026 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,890,294,385 | BOYAmt |
| EOY | $5,517,176,651 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $245,828,363 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $156,373,845 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$6,109,185 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | false | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,078,223 | OtherCostOrOtherBasisAmt |
| Book Value | $4,078,223 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $27,180,611 | OtherCostOrOtherBasisAmt |
| Depreciation | $13,171,009 | DepreciationAmt |
| Book Value | $14,009,602 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,846,551 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,058,315 | DepreciationAmt |
| Book Value | $788,236 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $18,876,061 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (11 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| LOOMIS SAYLES SENIOR LOAN FUND | $54,046,999 | F |
| WESTERN HIGH YIELD | $16,877,696 | F |
| WESTERN BANK LOANS | $15,089,461 | F |
| WESTERN OPPORTUNISTIC INTL INV GRADE | $3,755,923 | F |
| WESTERN ERMERGING MKTS CORP CREDIT PORTFOLIO | $2,462,250 | F |
| WESTERN EMERGING MKTS LOCAL DEBT PORTFOLIO | $4,578,701 | F |
| GOLUB CAPITAL PEARLS LP | $14,936,588 | F |
| MARANON SENIOR CREDIT FUND II - A LP | $15,372,118 | F |
| CLARION LION PROPERTIES FUND | $81,900,000 | F |
| USAA EAGLE REAL ESTATE LP | $22,780,704 | F |
| WESTERN OPPORTUNITSTIC STRUCTURED SECURITIES | $11,145,076 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $242,945,516 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| LOSSES | $2,363,782,145 |
| LOSS ADJUSTMENT EXPENSES | $212,104,273 |
| ADVANCED PREMIUMS | $10,450,853 |
| RETROACTIVE REINSURANCE RESERVE | $1,256,921 |
| AMOUNTS WITHHELDRETAINED BY COMPANY | $3,374,013 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,590,968,205 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $1,256,582,687 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $1,256,582,687 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $1,256,582,687 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,010,754,323 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $1,010,754,323 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $1,010,754,323 | TotalExpensesPerForm990Amt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (34 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt |
|---|---|---|---|---|---|---|
| RICHARD J GERGASKO | ||||||
| $373,313 | $77,144 | $27,327 | $17,138 | $494,922 | ||
| LEONARD RANDALL JOHNSON | ||||||
| $267,475 | $21,323 | $52,240 | $29,004 | $427,888 | $57,846 | $17,869 |
| PERRY MICHAEL BARRON | ||||||
| $266,324 | $30,505 | $27,327 | $29,104 | $407,446 | $54,187 | |
| WILLIAM ALLEN MCLELLAN | ||||||
| $262,240 | $33,042 | $27,327 | $18,696 | $398,129 | $56,824 | |
| MARY B NICHOLS | ||||||
| $254,850 | $34,175 | $27,327 | $17,784 | $389,466 | $55,330 | |
| STEVEN E MATH | ||||||
| $254,051 | $4,760 | $45,469 | $6,876 | $367,196 | $56,041 | |
| BENJAMIN JOEL TURNER | ||||||
| $232,131 | $34,263 | $47,102 | $27,252 | $381,998 | $41,250 | $30,027 |
| TERRY FRAKES | ||||||
| $227,657 | $33,834 | $27,327 | $9,288 | $347,960 | $49,854 | |
| BRENDA J WARD | ||||||
| $204,175 | $30,647 | $44,531 | $8,568 | $330,379 | $42,458 | $21,736 |
| JOSEPH ALBERT YURKOVICH | ||||||
| $179,577 | $90,086 | $20,218 | $15,240 | $305,121 | ||
| LISA MARIE CORLESS | ||||||
| $106,358 | $73,743 | $54,755 | $8,975 | $338,633 | $94,801 | |
| RONALD O WRIGHT | ||||||
| $50,315 | $398,644 | $15,441 | $3,116 | $467,517 | ||
| CECILY A GALLAGHER | ||||||
| $77,005 | $66,293 | $42,669 | $4,470 | $248,669 | $58,232 | |
| TERRENCE L BUCHHEIT | ||||||
| $197,582 | $26,339 | $42,808 | $21,916 | $324,774 | $36,130 | $21,718 |
| DAVID W JOHN | ||||||
| $189,258 | $19,672 | $40,572 | $32,752 | $316,577 | $34,324 | $21,333 |
| KENNETH W LAUBER | ||||||
| $184,149 | $21,906 | $22,676 | $22,036 | $284,406 | $33,640 | |
| MITCHELL D WALSH | ||||||
| $181,811 | $19,606 | $38,766 | $29,104 | $302,182 | $32,894 | $16,824 |
| LYNETTE T CALDWELL | ||||||
| $177,729 | $20,269 | $38,021 | $23,553 | $292,107 | $32,536 | $17,742 |
| JAMES R KOHLOFF | ||||||
| $177,045 | $2,833 | $32,865 | $28,704 | $273,623 | $32,175 | |
| JODY ANN HEINS | ||||||
| $175,626 | $25,509 | $36,574 | $8,568 | $276,975 | $30,699 | $16,838 |
| KIM HAUGAARD | ||||||
| $175,101 | $26,124 | $37,018 | $17,788 | $287,529 | $31,499 | $21,611 |
| JEFFREY PAUL LENTZ | ||||||
| $164,738 | $8,575 | $34,330 | $29,939 | $267,582 | $30,000 | $7,441 |
| ERNEST W STOKEY | ||||||
| $163,712 | $117,581 | $35,457 | $8,988 | $355,923 | $30,185 | $108,340 |
| JO BETSY NORTON | ||||||
| $163,544 | $22,659 | $34,392 | $17,788 | $268,189 | $29,807 | $18,367 |
| PHOEBE ALEXIS SAMUELS TINNEY | ||||||
| $152,883 | $22,253 | $18,308 | $215,046 | $21,601 | ||
| TIMOTHY PATRICK RILEY | ||||||
| $147,600 | $16,221 | $30,982 | $7,872 | $229,695 | $27,020 | $6,699 |
| DIANE MARIE STARKEY | ||||||
| $145,213 | $6,424 | $22,408 | $16,517 | $211,805 | $21,243 | $9,853 |
| JEFFREY HIRAM SKAGGS | ||||||
| $143,551 | $41,137 | $22,556 | $21,196 | $249,063 | $20,623 | $6,546 |
| BILLY A JACKSON | ||||||
| $140,604 | $739 | $18,503 | $18,696 | $198,042 | $19,500 | |
| MARTIN J LEIFKER | ||||||
| $139,935 | $1,309 | $21,261 | $29,824 | $212,548 | $20,220 | $9,040 |
| BILL W HUCKABY | ||||||
| $136,598 | $7,205 | $20,460 | $21,196 | $204,535 | $19,077 | $7,887 |
| JEANNETTE A SPRAGUE | ||||||
| $139,025 | $32,080 | $21,791 | $29,827 | $242,811 | $20,089 | $38,511 |
| MYCHAEL V RITTERHOFF | ||||||
| $137,264 | $7,677 | $21,182 | $8,568 | $194,771 | $20,080 | $8,020 |
| MARKGARET ANN WILSON | ||||||
| $139,314 | $5,169 | $21,490 | $9,659 | $196,011 | $20,380 | $8,193 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART VI LINE 7A | THE COMPANY WAS ESTABLISHED BY TEXAS STATUE. THE COMPANY HAS A NINE-MEMBER BOARD OF DIRECTORS CONSISTING OF TEXAS BUSINESS EMPLOYERS. FIVE MEMBERS INCLUDING THE CHAIR ARE APPOINTED BY THE GOVERNOR OF TEXAS AND CONFIRMED BY THE SENATE. THE REMAINING FOUR MEMBERS ARE ELECTED BY THE POLICYHOLDERS. |
| PART VI LINE 7B | LEGISLATION PROHIBITS THE APPOINTMENT OR ELECTION OF ANY PERSON WHO HAS A POTENTIAL CONFLICT OF INTEREST BECAUSE OF OTHER INVOLVEMENT IN THE INSURANCE INDUSTRY. |
| PART VI LINE 11 | THE 990 TAX RETURN IS COMPLETED BY AN ACCOUNTANT IN THE FINANCIAL REPORTING DEPARTMENT USING WORKPAPERS AND VERIFICATION TO THE COMPANY'S ANNUAL STATEMENT AND AUDITED STATUTORY ANNUAL REPORT. THE RETURN IS REVIEWED BY MANAGEMENT PRIOR TO FILING THE RETURN. |
| PART IV LINE 12C | THE COMPANY'S CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY. THE POLICY IS DISTRIBUTED TO ALL EMPLOYEES VIA A YEARLY PUBLICATIONS EMAIL. ALL EMPLOYEES ARE REQUIRED TO ACKNOWLEDGE RECEIPT BY PROVIDING AN ELECTRONIC SIGNATURE. |
| PART VI LINE 15A | ON AN ANNUAL BASIS COMPENSATION REIVEW DATA IS PERFORMED BY THE COMPANY'S HR DEPARTMENT FOR ALL BENCHMARK POSITIONS INCLUDING EXECUTIVE POSITIONS. THIS INFORMATION IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW. THE BOARD OF DIRECTORS APPROVES THE COMPENSATION PACKAGE FOR THE PRESIDENT AND GENERAL AUDITOR. |
| PART VI LINE 15B | THE PRESIDENT OR HIS DESIGNEE APPROVES THE PAY FOR ALL OTHER EMPLOYEES BASED ON COMPENSATION DATA PROVIDED BY HUMAN RESOURCES. |
| PART VI LINE 19 | ALL EXTERNAL REQUESTS FOR ORGANIZATION INFORMATION CAN BE OBTAINED THROUGH WRITTEN REQUESTS. ADDITIONALLY CERTAIN FINANCIAL INFORMATION IS AVAILABLE ON THE COMPANY'S WEBSITE. |
| PART XI LINE 9 | CHANGE IN NONADMITTED ASSETS (6092234) CHANGE IN PROVISION FOR REINSURANCE 4948 POST RETIREMENT MEDICAL PLAN (21899) |