2012-08-10T11:23:13-07:00 2011-12-31 990 2011-01-01 391519322 WEA INSURANCE CORPORATION WEAI 6082764000 45 NOB HILL ROAD MADISON WI 537133959 Michael I Quist 6082764000 2012-08-09 2011 2016-02-24 21:20:13Z Mark Moody 45 Nob Hill Road Madison WI 53713 1057077730 0 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. 10 10 501 0 0 0 0 0 846528120 770287256 23479658 27306271 7825476 -11230122 877833254 786363405 0 0 815541629 723002211 51728207 52235015 0 0 0 17518342 22884366 884788178 798121592 -6954924 -11758187 654384936 643667925 421164245 422205421 233220691 221462504 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. 0 0 770287256 Health Insurance Programs: Provide benefits for approximately 38,500 health participants, 38,500 dental participants, 48,800 long term disability participants, 28,100 prescription drug participants, 9,500 short term disability participants, and 19,900 long term care participants. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 8471 0 1 501 1 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X Carol Peirick 6082764000 45 NOB HILL ROAD MADISON WI 537133959 Patricia Barrette 3 X 0 0 0 Lisa Glaser 3 X 0 0 0 Margaret Guertler 3 X 0 0 0 Dennis Hortum 3 X 0 0 0 Amy Johnson 3 X 0 0 0 Suzanne Kahl 3 X 0 0 0 Carol Kettner 3 X 0 0 0 Connie Martin 3 X 0 0 0 Heather Mielke 3 X 0 0 0 Shelly Moore 3 X 0 0 0 William Roberts 3 X 0 0 0 Mary Theisen 3 X 0 0 0 Dan Weidner 3 X 0 0 0 Mark Moody 40 X 374118 0 99260 Kathryne McGowan 40 X 229280 0 81548 Michael Quist 40 X 144591 0 50938 William Jollie 40 X 200896 0 81748 Michael Stoll 40 X 204759 0 97298 Mark Blumenfeld 40 X 187463 0 75717 Ken Robbins 40 X 216739 0 76727 Rick Reas 40 X 157221 0 54157 Paul Rosowski 40 X 135655 0 61538 Bob Ceder 40 X 133663 0 54347 Carol Peirick 40 X 149454 0 52439 Fred Evert 0 X 151806 0 19912 2285645 0 805629 50 1 1 0 Gunderson Lutheran Health Plan PO Box 77007 Minneapolis MN 554807707 Provider Access Fees 1260000 Teksystems PO Box 198568 Atlanta GA 30384 Information Technology Consulting 1099985 Teamsoft 1350 Deming Way Suite 205 Middleton WI 53562 Information Technology Consulting 861144 M3 Insurance Solutions Inc 3113 West Beltline Highway PO Box 8950 Madison WI 537088950 Agency Commissions 593162 HSM Inc 7805 Hudson Road Suite 190 St Paul MN 55125 Network Administrative Fees 548311 37 0 0 0 0 0 0 0 0 Contributions Received 524114 770287256 770287256 0 0 0 0 0 0 770287256 20389656 0 0 20389656 0 0 0 0 0 0 0 0 0 0 277531123 99817 270684298 30027 6846825 69790 6916615 0 0 6916615 0 0 0 0 0 0 0 Unrealized loss on investments 524114 -10852256 -10852256 0 0 Change in AVR Reserve 524114 907847 907847 0 0 Change in nonadmitted assets 524114 -1304018 -1304018 0 0 18305 18305 0 0 -11230122 786363405 759057134 0 27306271 723002211 1826355 0 29596535 6943537 11409857 2458731 0 102633 264736 56836 0 952127 7753136 544477 2438958 7177778 0 554589 294613 0 11889 0 0 485327 211959 Change in LAE reserves 75722 Costs allocated to affiliates -1992179 Insurance dept licenses and fees 3919830 31935 798121592 0 0 0 7695900 4478745 86492811 52434849 0 0 31584007 27075388 0 0 0 0 0 0 0 0 0 0 4514509 4155535 352378 358974 524083738 554108928 0 0 0 0 0 0 4176102 5211041 654384936 643667925 25806596 25985428 0 0 38308775 20428083 0 0 0 0 0 0 0 0 0 0 357048874 375791910 421164245 422205421 X 2000000 2000000 0 0 231220691 219462504 233220691 221462504 654384936 643667925 -11758187 0 X 0 1 1 X 0 0 0 0 0 0 0 0 0 0 0 0 0 4514509 4155535 358974 0 0 0 0 358974 Benefits Payable 334410874 Asset Valuation Reserve 23437763 IMR 10249761 Drafts Payable 6262938 Payable for securities 1404738 Payable to affiliates 25836 375791910 X 1 1 X X X X 1 0 0 Mark Moody 348431 0 0 0 25687 0 74769 0 31158 0 480045 0 0 0 Kathryne McGowan 216140 0 0 0 13139 0 57857 0 29411 0 316547 0 0 0 Michael Stoll 194854 0 0 0 9906 0 70461 0 29491 0 304712 0 0 0 William Jollie 198110 0 0 0 2785 0 57308 0 28362 0 286565 0 0 0 Michael Quist 140577 0 0 0 4014 0 35144 0 19362 0 199097 0 0 0 Mark Blumenfeld 178200 0 0 0 9263 0 52027 0 27556 0 267046 0 0 0 Ken Robbins 209913 0 0 0 6826 0 53037 0 26590 0 296366 0 0 0 Rick Reas 144840 0 0 0 12380 0 36210 0 21329 0 214759 0 0 0 Carol Peirick 148243 0 0 0 1211 0 42138 0 13637 0 205229 0 0 0 Paul Rosowski 135415 0 0 0 240 0 37327 0 28318 0 201300 0 0 0 Bob Ceder 126189 0 0 0 7474 0 36401 0 20342 0 190406 0 0 0 Fred Evert 0 0 0 0 151806 0 0 0 19912 0 171718 0 151806 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a Affected employees were reimbursed for the additional taxes that were incurred as a result of the contribution to the 457 Plan. This reimbursement was included as taxable income on their W-2. SchJ_P01_S00_L04 Schedule J, Part I, Line 4 Severance payments include payment to Fred Evert ($151,806). Severance is earned at a rate of two weeks for every calendar year of service. F990_P00_S00_L0A Form 990, Header, Line A WEA Insurance Corporation is a wholly owned subsidiary of WEA Insurance Trust. As such, WEA Insurance Trust is the sole shareholder. F990_P06_S0A_L06 Form 990, Part VI, Section A, Line 6 WEA Insurance Corporation is a wholly owned subsidiary of WEA Insurance Trust. As such, WEA Insurance Trust is the sole shareholder. F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a WEA, Inc. a related entity, appoints all board members. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Form 990 is prepared by staff and reviewed by an external consulting firm. The Chief Financial Officer signs the form after his review. Any areas of concern are discussed and reviewed before signing. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c 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. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 Each year the Board of Directors sets the salary for all officers of the Corporation. In doing so, salary information from comparable organizations within the geographic area are considered. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 WEA Insurance Corporation is regulated by the Office of the Commissioner of Insurance (OCI) of the state of Wisconsin. As such, it 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. WEA Insurance Trust 45 Nob Hill Road Madison WI 53713 391142212 Welfare Benefits WI 501(c)(9) N/A 0 WEA Inc 33 Nob Hill Drive Madison WI 53713 390712860 Building Corp WI 501(c)(2) N/A 0 Wisconsin Education Association Council 33 Nob Hill Drive Madison WI 53713 391169160 Labor Organization WI 501(c)(5) N/A 0 WEA Tax Sheltered Annuity Trust 45 Nob Hill Road Madison WI 53713 391310713 403(b) Trust WI N/A T 0 WEA Member Benefit Trust 45 Nob Hill Road Madison WI 53713 396189371 Agency WI N/A T 0 WEA Property & Casualty Insurance Company 45 Nob Hill Road Madison WI 53713 391767647 Insurance WI N/A C 0 WEA Investment Services Inc 45 Nob Hill Road Madison WI 53713 450510731 Broker Dealer WI N/A C 0 WEA Financial Advisors Inc 45 Nob Hill Road Madison WI 53713 260539876 Financial Advisors WI N/A C 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 WEA Insurance Trust o 1700004 Cost studies WEA Insurance Trust p 2740284 Cost studies WEA Property & Casualty Insurance Company p 225374 Cost studies WEA Member Benefit Trust p 214697 Cost studies WEA Tax Sheltered Annuity Trust p 497365 Cost studies WEA Insurance Trust k 756550911 Cost studies