2019-11-13T17:30:36-06:00 2018-12-31 350921680 CROWE LLP 175 Powder Forest Drive Simsbury CT 060897902 990 2018-01-01 391142212 Wisconsin Education Association Insurance Trust WISC 6082764000 45 Nob Hill Road Madison WI 53713 Dawn Witek VP of Finance and Accounting 2019-11-13 true KRISTIN ANDERSON P01231300 8606789200 2018 2020-04-17 16:48:07Z MICHAEL QUIST 45 Nob Hill Road Madison WI 53713 348257427 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 331952731 214939905 2409970 2157903 26389326 82517 360752027 217180325 0 0 3852308 214885526 0 9687 0 0 0 329852143 1298824 333704451 216194037 27047576 986288 247545560 235238758 37250366 35928612 210295194 199310146 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 true 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 8 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 Mary Theisen Trustee, Chair 0.5 2.5 X X 1800 2941 0 Margaret Guertler Trustee, Vice Chair 0.5 2.5 X X 1231 1816 0 Heather Mielke Trustee, Secretary/Treasurer 0.5 2.5 X X 1231 1666 0 Allen Knop Trustee 0.5 2.5 X 400 1075 0 Amy Johnson Trustee 0.5 2.5 X 750 1306 0 Carol Kettner Trustee 0.5 2.5 X 800 1332 0 Dan Weidner Trustee 0.5 2.5 X 700 1706 0 David Kijek Trustee 0.5 0.0 X 500 0 0 David Stella Trustee (Through May 2018) 0.3 1.2 X 250 600 0 Mike Halloran Trustee 0.5 2.5 X 800 1225 0 Sarah Kruger Trustee 0.5 2.5 X 400 631 0 Shelly Krajacic Trustee 0.5 0.0 X 825 0 0 Michael Quist CEO/President 4.0 36.0 X 0 406076 59174 Vaughn Vance General Counsel/Vice President\Corporate Secretary 4.0 36.0 X 0 217528 55085 Dawn Witek Controller and Treasurer 4.0 36.0 X 0 160467 43854 Barbara Ruegsegger Corporate Secretary 4.0 36.0 X 0 92932 37443 Mark Moody Former CEO/President 0.0 0.0 X 0 173272 0 9687 1064573 195556 0 true true false 0 0 Net Contributions for welfare benefits 524114 214939905 214939905 0 0 0 0 214939905 862859 862859 0 0 132372146 131077102 1295044 0 1295044 1295044 Commissions 900099 82517 82517 0 0 0 0 82517 217180325 215022422 0 2157903 214885526 9687 43266 38936 120787 159461 0 0 0 59898 50126 9597 126753 ALLOCATION OF COSTS TO AFFILIATES 690000 0 0 0 0 216194037 0 0 0 3667152 2091128 3141812 1010576 0 27487 0 0 0 0 168812 0 168812 168812 33866722 33028754 182218469 172803387 0 24482593 26108614 247545560 235238758 385420 439595 0 0 36864946 35489017 37250366 35928612 X 210295194 199310146 210295194 199310146 247545560 235238758 X 986288 -2040274 -9931062 X false true X true false 168812 168812 168812 165580830 F Partnership interests 7222557 F 172803387 Extended life premium reserve fund 24322365 Experience-rated refund receivable 184164 Interest Receivable 193790 Other Assets 1408295 26108614 Benefits Payable 30741373 Contributions due to Corp Advance Contributions Small Group Self-funded 1015304 Payable to affiliates 2508448 Payables for securities 1223892 35489017 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote TRUST, CORPORATION AND HTHP 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 AND HTHP DID NOT RECORD ANY UNRECOGNIZED TAX BENEFITS AS OF DECEMBER 31, 2018 AND 2017. 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, 2018 AND 2017, THE COMPANIES DID NOT RECORD ANY PENALTIES OR INTEREST ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS. true false false Michael Quist CEO/President 0 399140 0 0 0 6936 0 27500 0 31674 0 465250 0 0 Vaughn Vance General Counsel/Vice President\Corporate Secretary 0 214075 0 0 0 3453 0 22098 0 32987 0 272613 0 0 Dawn Witek Controller and Treasurer 0 157647 0 0 0 2820 0 16460 0 27394 0 204321 0 0 Mark Moody Former CEO/President 0 0 0 0 0 173272 0 0 0 0 0 173272 0 71262 Schedule J, Part I, Line 4a Severance or change-of-control payment Mark Moody received severance pay of $102,010, from a related organization, WEA Insurance Corporation, as part of a voluntary program. Form 990, Part VI, Line 15a PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL The President/CEO was compensated by a related organization, WEA Insurance Corporation, 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 WEA Insurance Corporation, AND DOCUMENTED IN THE MINUTES. THE MOST RECENT REVIEW OF COMPENSATION TOOK PLACE IN 2018. Form 990, Part VI, Line 15b PROCESS TO ESTABLISH COMPENSATION OF OTHER EMPLOYEES The officers of the organization were compensated by a related organization, WEA Insurance Corporation. 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 WEA Insurance Corporation. Salary information from comparable organizations within the geographic aea was considered. THE MOST RECENT REVIEW OF COMPENSATION TOOK PLACE IN 2018. 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 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 XI, Line 9 Other changes in net assets or fund balances Unrealized loss on investment in WEA Insurance Corporation - -9931062; ADAMS COUNTY N/A ANTIGO UNIFIED SCHOOL DISTRICT N/A AUGUSTA SCHOOL DISTRICT N/A BIG FOOT UNION HIGH SCHOOL N/A BOYCEVILLE COMMUNITY SCHOOL DISTRICT N/A CADOTT COMMUNITY SCHOOL DISTRICT N/A CAMBRIA-FRIESLAND SCHOOL DISTRICT N/A CESA 6 N/A COCHRANE-FOUNTAIN CITY SCHOOL DISTRICT N/A COLEMAN SCHOOL DISTRICT N/A CUDAHY CITY OF N/A DE SOTO AREA SCHOOL DISTRICT N/A DRUMMOND AREA SCHOOL DISTRICT N/A FOX POINT-BAYSIDE SCHOOL DISTRICT N/A GALE-ETTRICK-TREMPEALEAU SCHOOL DISTRICT N/A HILLSBORO SCHOOL DISTRICT N/A INCLUSA INC N/A IOLA-SCANDINAVIA SCHOOL DISTRICT N/A KENOSHA SCHOOL DISTRICT N/A LAKE GENEVA SCHOOLS N/A MAPLE DALE-INDIAN HILL SCHOOL DISTRICT N/A MAUSTON SCHOOL DISTRICT N/A MENOMINEE INDIAN SCHOOL DISTRICT N/A MEQUON-THIENSVILLE SCHOOL DISTRICT N/A MOUNT PLEASANT VILLAGE OF 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 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 RICHFIELD JOINT 1 SCHOOL DISTRICT N/A ROSENDALE-BRANDON SCHOOL DISTRICT N/A ROYALL SCHOOL DISTRICT N/A RUSK COUNTY N/A SHAWANO SCHOOL DISTRICT N/A ST FRANCIS CITY OF N/A SUPERIOR SCHOOL DISTRICT N/A SUSSEX VILLAGE OF N/A TOMAH AREA SCHOOL DISTRICT N/A TREVOR WILMOT CONSOLIDATED SCHOOL DISTRICT N/A WABENO AREA 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 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 EDUCATION ASSOCIATION COUNCIL N/A WISCONSIN EMPLOYEE TRUST FUND N/A WONEWOC-UNION CENTER SCHOOL DISTRICT N/A ALTOONA SCHOOL DISTRICT N/A BARRON AREA SCHOOL DISTRICT N/A FRIESS LAKE SCHOOL DISTRICT N/A GRESHAM SCHOOL DISTRICT N/A HOLY HILL AREA SCHOOL DISTRICT N/A MONDOVI SCHOOL DISTRICT N/A SPARTA AREA SCHOOL DISTRICT N/A WATERFORD GRADED SCHOOL DISTRICT JT 1 N/A WAUPACA SCHOOL DISTRICT N/A WAUSHARA COUNTY N/A WILLIAMS BAY VILLAGE OF N/A WINNECONNE COMMUNITY SCHOOL DISTRICT N/A WITTENBERG-BIRNAMWOOD SCHOOL DISTRICT N/A CITY OF NEW BERLIN N/A THORP SCHOOL DISTRICT N/A HEALTH TRADITION HEALTH PLAN 45 NOB HILL ROAD MADISON WI 53713 391545987 HEALTH MAINTENANCE ORGANIZATION WI WEA INSURANCE CORPORATION C Corporation false false false false false false false false false false false false true true true true false false false WEA Insurance Corporation M 209889616 ACTUAL WEA Insurance Corporation N 125000 ACTUAL WEA Insurance Corporation O 528000 ACTUAL