2020-11-12T05:30:33-06:00 2019-12-31 350921680 CROWE LLP 9600 Brownsboro Road Suite 400 Louisville KY 402411122 990 2019-01-01 391142212 Wisconsin Education Association Insurance Trust WISC 6082764000 45 Nob Hill Road Madison WI 53713 Dawn Witek VP of Finance and Accounting 2020-11-12 true RACHEL SPURLOCK P00520729 5023263996 2019 2022-01-07 14:23:13Z MICHAEL QUIST 45 Nob Hill Road Madison WI 53713 151509370 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 0 0 0 0 0 214939905 866126 2157903 2889149 82517 12591 217180325 3767866 0 0 214885526 805947 9687 2358 0 0 0 1298824 1070661 216194037 1878966 986288 1888900 235238758 227521208 35928612 7095038 199310146 220426170 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 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 false false X 11 11 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 6232 0 Margaret Guertler Trustee, Vice Chair 2.2 3.9 X X 0 6434 0 Mary Theisen Trustee, Chair 2.5 5.8 X X 0 9628 0 Allen Knop Trustee 2.1 2.6 X 0 3950 0 Amy Johnson Trustee 1.9 3.9 X 0 5811 0 Carol Kettner Trustee 2.6 4.1 X 0 4397 0 Daniel Weidner Trustee 1.9 4.0 X 0 4550 0 David Kijek Trustee 2.0 0 X 1150 0 0 Mike Halloran Trustee 2.0 3.2 X 0 4397 0 Sarah Kruger Trustee 2.0 2.6 X 0 3450 0 Shelly Krajacic Trustee 1.7 0.9 X 1208 0 0 Susan Thomson Trustee (Through June) 0.1 1.7 X 0 1225 0 Barbara Ruegseggar Corporate Secretary 10.0 30.0 X 0 130103 39441 Dawn Witek Controller 10.0 30.0 X 0 188099 51443 Michael Quist Executive Director 10.0 30.0 X 0 448072 60417 Vaughn Vance General Counsel 10.0 30.0 X 0 266094 58801 2358 1082442 210102 0 false true false 0 0 Net Contributions for welfare benefits 524114 866126 866126 0 0 0 0 866126 1381266 0 0 1381266 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 149249387 0 147741504 0 1507883 0 1507883 1507883 0 0 0 0 0 0 0 0 0 0 0 COMMISSIONS 900099 12591 12591 0 0 0 0 0 0 12591 3767866 878717 0 2889149 0 0 0 805947 2358 0 0 0 0 0 0 68058 65685 0 0 129490 128753 0 0 0 38625 37881 0 0 0 9000 0 74647 0 0 0 0 ALLOCATION OF COSTS TO AFFILIATES 518522 0 0 0 0 1878966 0 0 0 2091128 3508770 1010576 295316 27487 0 0 0 0 0 168812 0 168812 168812 33028754 27288591 172803387 190548538 0 0 0 26108614 5711181 235238758 227521208 439595 421947 0 0 35489017 6673091 35928612 7095038 X 199310146 220426170 199310146 220426170 235238758 227521208 X 1888900 2083522 17143602 X false true X true false 168812 168812 168812 182724433 F Partnership interests 7824105 F 190548538 Benefits Payable 1097600 Contributions due to Corp Advance Contributions Small Group Self-funded 3574562 Payable to affiliates 1983146 Payables for securities 17783 6673091 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, 2019 AND 2018. 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, 2019 AND 2018, THE COMPANIES DID NOT RECORD ANY PENALTIES OR INTEREST ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS. false false false Michael Quist Executive Director 0 400517 0 41551 0 6004 0 28000 0 32417 0 508489 0 0 Vaughn Vance General Counsel 0 239273 0 23311 0 3510 0 24641 0 34160 0 324895 0 0 Dawn Witek Controller 0 167733 0 17168 0 3199 0 17494 0 33949 0 239543 0 0 Barbara Ruegseggar Corporate Secretary 0 118387 0 9938 0 1778 0 8524 0 30917 0 169543 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 2019. 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 WEA Insurance Corporation 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 2019. 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 - 17143602; Altoona School District N/A Antigo Unified School District N/A Augusta School District N/A Barron Area School District N/A Big Foot Union High School N/A Bloomer School District N/A Boyceville Community School District N/A Buffalo County N/A Burlington Area School District N/A Cambria-Friesland School District N/A CESA 6 N/A Chippewa Falls City of N/A City of Shawano N/A Cochrane-Fountain City School District N/A Coleman School District N/A De Soto Area School District N/A Delavan-Darien School District N/A Drummond Area School District N/A Eau Claire County N/A Elkhorn Area School District N/A Fox Point-Bayside School District N/A Gale-Ettrick-Trempealeau School District N/A Germantown School District N/A Glendale-River Hills School District N/A Gresham School District N/A Health Conversion Plan N/A Hillsboro School District N/A Holy Hill Area School District N/A Inclusa Inc N/A Iola-Scandinavia School District N/A Kenosha School District N/A Lake Geneva Schools N/A Little Chute Area School District N/A Local N/A Mauston School District N/A Mayville School District N/A Menominee Indian School District N/A Mequon-Thiensville School District N/A Merrill Area School District N/A Mondovi School District N/A Mount Pleasant Village of N/A Neenah Joint School District N/A NeuGen LLC 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 Fond du Lac School District N/A North Shore Fire Department N/A Northern Ozaukee School District N/A Oakfield School District N/A Omro School District N/A Pepin Area School District 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 Ripon Area School District N/A Rosendale-Brandon School District N/A Royall School District N/A Rusk County N/A Seneca Area School District N/A Shawano School District N/A Sparta Area School District N/A St Francis City of N/A Stanley-Boyd Area School District N/A State N/A Superior School District N/A Sussex Village of N/A Thorp School District N/A Tomah Area School District N/A Trevor Wilmot Consolidated School District N/A Union Grove UHS School District N/A Village of Cameron N/A Wabeno Area School District N/A Waterford Graded School District Jt 1 N/A Waupaca School District N/A Waushara County 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 Winneconne Community School District N/A Wisconsin Education Association Council N/A Wittenberg-Birnamwood School District N/A Wonewoc-Union Center School District N/A 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 true false false false false false false false true true true false false false WEA Insurance Corporation F 500000 ACTUAL WEA Insurance Corporation Q 1446000 Actual