Wisconsin Education Association Insurance Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 391142212 ✦ Madison, WI ✦ Designated as a 501(c)(9)

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Overview

What is Wisconsin Education Association Insurance Trust?

Wisconsin Education Association Insurance Trust is a nonprofit organization situated in Madison, Wisconsin. Their primary mission is to enhance the health and financial security of their participants by offering top-notch benefit programs and outstanding customer service. They achieve this goal through insurance programs underwritten by an affiliated organization. The trust values the dignity and worth of each member and strives to provide them with the best possible services. Based in 45 Nob Hill Road, Madison, WI 53713, the organization focuses on improving the overall well-being of its participants.


Official website here: www.weatrust.org

Is Wisconsin Education Association Insurance Trust legitimate?

Wisconsin Education Association Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Wisconsin Education Association Insurance Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.weatrust.org

What is the mission statement of Wisconsin Education Association Insurance Trust?

The Wisconsin Education Association Insurance Trust's mission is centered around enhancing the well-being of its participants. This is achieved by offering top-notch benefit programs and exceptional personal service. The trust places a strong emphasis on respecting the dignity and worth of each member. Through insurance programs underwritten by an affiliated organization, the trust provides health and welfare benefits to its participants.


Official website here: www.weatrust.org

Who is the CEO of Wisconsin Education Association Insurance Trust?

Vaughn Vance is the CEO of Wisconsin Education Association Insurance Trust The CEO's salary of Wisconsin Education Association Insurance Trust is $199,191 and their total compensation is $461,770.


Official website here: www.weatrust.org

What is the revenue of Wisconsin Education Association Insurance Trust?

Wisconsin Education Association Insurance Trust's revenue in 2023 was $269,121.


Official website here: www.weatrust.org

Who are the executives of Wisconsin Education Association Insurance Trust and what are their salaries?

Here are 13 key members and their salaries (Wisconsin Education Association Insurance Trust's CEO's salary is $199,191 and their total compensation is $461,770):


Vaughn Vance (President & Ceo)
  • Compensation: $199,191
  • Related: $199,191
  • Other: $63,388
Dawn Witek (Vp Of Finance & Accounting)
  • Compensation: $114,728
  • Related: $149,020
  • Other: $17,628
Barb Ruegsegger (Vp & Corporate Secretary)
  • Compensation: $88,323
  • Related: $88,323
  • Other: $46,086
Mary Theisen (Board Member, Chair)
  • Compensation: $3,514
  • Related: $2,489
  • Other: $0
Margaret Guertler (Board Member, Vice Chair)
  • Compensation: $2,864
  • Related: $1,789
  • Other: $0
Heather Mielke (Board Member, Secretary/Treasurer)
  • Compensation: $2,189
  • Related: $1,600
  • Other: $0
Amy Johnson (Board Member)
  • Compensation: $1,800
  • Related: $1,550
  • Other: $0
Mike Halloran (Board Member)
  • Compensation: $1,800
  • Related: $1,575
  • Other: $0
Andrew Staab (Board Member)
  • Compensation: $1,700
  • Related: $1,450
  • Other: $0
Carol Kettner (Board Member)
  • Compensation: $1,650
  • Related: $1,150
  • Other: $0
Sarah Kruger (Board Member)
  • Compensation: $1,500
  • Related: $1,250
  • Other: $0
Shelly Krajacic (Board Member)
  • Compensation: $1,450
  • Related: $1,050
  • Other: $0
Peggy Wirtz-Olsen (Board Member)
  • Compensation: $1,250
  • Related: $950
  • Other: $0


Official website here: www.weatrust.org

Where can I find the form 990 for Wisconsin Education Association Insurance Trust?

Wisconsin Education Association Insurance Trust's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.weatrust.org

Learn more at the official website: www.weatrust.org

Mission Statement of Wisconsin Education Association Insurance Trust

The Wisconsin Education Association Insurance Trust, or WE AIT, is committed to promoting the health and financial security of its participants. This nonprofit organization achieves this mission by offering exceptional benefit programs and delivering outstanding personal service with respect for the dignity and worth of each member. Through underwriting insurance programs by an affiliated organization, WE AIT provides a range of health and welfare benefits to its participants, ensuring their well-being and financial stability.

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Impact




October, 2024

Wisconsin Education Association Insurance Trust (WEAIT) significantly enhances the health and financial security of its participants through a range of carefully designed benefit programs. By offering health and welfare benefits tailored to the needs of its members, WEAIT ensures that educators and their families have access to quality insurance options.

The Trust’s focus on excellent benefit programs translates into practical support that helps members navigate the complexities of health insurance, offering peace of mind in times of need. Additionally, the commitment to outstanding personal service underscores the importance of treating each member with respect and dignity, fostering a strong sense of community among participants.

With its base in Madison, Wisconsin, WEAIT operates with a mission centered around improving the overall well-being of its members. The Trust's initiatives not only provide financial protection but also promote a culture of mutual benefit, making a positive impact on the lives of educators across the state.




This information is meant to be a general summary of Wisconsin Education Association Insurance Trust. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$269,121 (2023)
Expenses
$868,111 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $390,604
  • Gross Receipts: $10,139,142

Assets and Liabilities:

  • Total Assets: $76,116,060
  • Total Liabilities: $8,010,946
  • Net Assets: $68,105,114

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Organization Details

Founding Year

1970

Principal Officer

Vaughn Vance

NTEE Category

Code: Y40 - Mutual benefit

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