2011-08-09T14:00:52-07:00 2010-12-31 990 2010-01-01 391519322 WEA INSURANCE CORPORATION WEAI 6082764000 45 NOB HILL ROAD MADISON WI 537133959 Michael Quist 6082764000 2011-08-13 2010 2016-02-24 21:20:13Z Mark Moody 45 Nob Hill Road Madison WI 53713 1008302377 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. 11 11 512 0 0 0 0 0 863434902 846528120 20208375 23479658 13681561 7825476 897324838 877833254 0 0 814448484 815541629 49263080 51728207 0 0 0 17364069 17518342 881075633 884788178 16249205 -6954924 596587550 654384936 356411935 421164245 240175615 233220691 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 0 0 846528120 Health Insurance Programs: Provide benefits for approximately 49,000 health participants, 50,000 dental participants, 56,000 long term disability participants, 41,000 prescription drug participants, 10,000 short term disability participants, and 24,000 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 8718 0 1 512 1 0 0 0 0 0 0 X 11 11 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 53713 Amy Johnson 3 X 0 0 0 Margaret Guertler 3 X 0 0 0 Dennis Hortum 3 X 0 0 0 William Roberts 3 X 0 0 0 Mary Theisen 3 X 0 0 0 Dennis Tietge 3 X 0 0 0 Suzanne Kahl 3 X 0 0 0 Mary Bell 3 X 0 0 0 Carol Kettner 3 X 0 0 0 Dan Weidner 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 Michael Stoll 40 X 189207 0 82790 Paul Lefebvre 40 X 217654 0 66704 Fred Evert 40 X 316039 0 98866 Alison Mares 40 X 36705 0 10659 Peggy Smelser 40 X 37772 0 4610 Mark Moody 40 X 272352 0 97703 Kathryne McGowan 40 X 210930 0 79288 Carol Peirick 40 X 132273 0 48520 Denise Delong 40 X 162003 0 73814 Mark Blumenfeld 40 X 161097 0 66246 Ken Robbins 40 X 214659 0 74566 Rick Reas 40 X 150054 0 58545 Paul Rosowski 40 X 132429 0 59094 Bob Ceder 40 X 128988 0 58248 Marilyn Windschiegl 40 X 126585 0 56618 2488747 0 936271 46 0 1 0 Teksystems PO Box 198568 Atlanta GA 30384 Information Technology Consulting 1240432 Teamsoft 1350 Deming Way Suite 205 Middleton WI 53562 Information Technology Consulting 928025 Apex Systems Inc 4400 Cox Road Suite 200 Glen Allen VA 23060 Information Technology Consulting 583219 Alere Health Improvement Co PO Box 403393 Atlanta GA 303843393 Medical consulting 492326 Exacta Corporation 16595 West Bluemound Road Brookfield WI 530055907 Information Technology Consulting 458229 22 0 Contributions Received 524114 846528120 846528120 0 0 0 0 0 0 846528120 20689363 0 0 20689363 0 0 0 0 0 0 0 0 0 0 133194441 64977 130452145 16978 2742296 47999 2790295 0 0 2790295 Unrealized gain on investments 524114 12785867 0 0 12785867 Change in AVR Reserve 524114 -3931674 0 0 -3931674 Change in nonadmitted assets 524114 -1081721 0 0 -1081721 53004 0 0 53004 7825476 877833254 846528120 0 31305134 0 0 0 815541629 3260780 0 28605862 6608833 10864670 2388062 23683 144350 0 0 1009804 4726810 501126 2537861 5926777 0 623874 367642 0 26533 0 0 759586 203022 Change in LAE reserves 1889379 Costs allocated to affiliates -1460322 Insurance dept licenses and fees 190698 47519 884788178 0 0 0 -384953 7695900 67922195 86492811 30456444 31584007 0 0 0 0 0 4847138 4494760 749155 352378 493802695 524083738 0 0 0 0 0 0 4042014 4176102 596587550 654384936 22315050 25806596 0 0 38098236 38308775 0 0 0 0 0 0 0 0 0 0 295998649 357048874 356411935 421164245 X 2000000 2000000 0 0 238175615 231220691 240175615 233220691 596587550 654384936 -6954924 0 X 0 1 1 X 0 0 0 0 0 0 0 0 0 0 0 0 0 4847138 4494760 352378 0 0 0 0 352378 BENEFITS PAYABLE 322346957 ASSET VALUATION RESERVE 24345610 INTEREST MAINTENANCE RESERVE 6453950 DRAFTS PAYABLE 3752572 PAYABLE TO AFFILIATES 149785 357048874 X 1 1 X X X X 1 0 0 Mark Moody 250216 0 0 0 22137 0 74384 0 27913 0 374650 0 0 Kathryne McGowan 202050 0 0 0 8880 0 56769 0 27620 0 295319 0 0 0 Michael Stoll 179960 0 0 0 9247 0 59231 0 25493 0 273931 0 0 0 Fred Evert 234533 0 0 0 81506 0 84769 0 17897 0 418705 0 59176 0 Paul Lefebvre 145462 0 0 0 72192 0 50521 0 19338 0 287513 0 60717 0 Mark Blumenfeld 150881 0 0 0 10216 0 44239 0 24637 0 229973 0 0 0 Denise Delong 160090 0 0 0 1914 0 50384 0 26239 0 238627 0 0 0 Ken Robbins 208305 0 0 0 6354 0 53353 0 24997 0 293009 0 0 0 Rick Reas 141885 0 0 0 8168 0 37332 0 24275 0 211660 0 0 0 Carol Peirick 131678 0 0 0 595 0 38842 0 13071 0 184186 0 0 0 Paul Rosowski 132206 0 0 0 223 0 35875 0 27051 0 195355 0 0 0 Bob Ceder 125922 0 0 0 3066 0 37036 0 23326 0 189350 0 0 0 Marilyn Windschiegl 126045 0 0 0 540 0 34099 0 25855 0 186539 0 0 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 Line 4a) Severance payments include payments to Fred Evert ($59,176), Paul Lefebvre ($60,717), Peg Smelser ($29,194), and Alison Lindsay-Mares ($15,839). Severance is earned at a rate of two weeks for every calendar year of service. Line 4b) Contributions were made to a supplemental 457 Plan on behalf of Mark Moody ($13,654), Kathryne McGowan ($1,500), and Fred Evert ($9,731). 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_L11a Form 990, Part VI, Section B, Line 11a 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 0 0 WEA Member Benefit Trust 45 Nob Hill Road Madison WI 53713 396189371 Agency WI N/A T 0 0 0 WEA Property & Casualty Insurance Company 45 Nob Hill Road Madison WI 53713 391767647 Insurance WI N/A C 0 0 0 WEA Investment Services Inc 45 Nob Hill Road Madison WI 53713 450510731 Broker Dealer WI N/A C 0 0 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 0 0 0 0 0 0 1 1 0 1 WEA Insurance Trust o 1700004 Cost studies WEA Insurance Trust p 2265589 Cost studies WEA Property & Casualty Insurance Company p 209338 Cost studies WEA Member Benefit Trust p 199262 Cost studies WEA Tax Sheltered Annuity Trust p 469847 Cost studies WEA Insurance Trust r 845605314 Cost studies