Wea Insurance Corporation

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

EIN: 391519322 ✦ Madison, WI ✦ Designated as a 501(c)(9)

Overview

What is Wea Insurance Corporation?

Wea Insurance Corporation is a nonprofit organization located at 45 Nob Hill Road, Madison, Wisconsin, 53713. They offer health, life, long-term disability, vision, and long-term care insurance programs, providing benefits for approximately 33,400 health participants, 6,800 life participants, 150 long-term disability participants, 2,300 vision participants, and 8,000 long-term care participants. Their mission is dedicated to promoting the health and financial security of their Trust participants through excellent benefit programs and personalized service, acknowledging the inherent dignity and worth of every member.


Official website here: www.weatrust.com

Is Wea Insurance Corporation legitimate?

Wea Insurance Corporation is a legitimate nonprofit organization registered as a 501(c)(9) entity. Wea Insurance Corporation 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 not tax deductible.

Here 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.com

What is the mission statement of Wea Insurance Corporation?

Wea Insurance Corporation is dedicated to enhancing the health and financial well-being of its participants. Through the provision of exceptional benefit programs and personalized service, the corporation upholds the dignity and worth of every member. Approximately 33,400 health participants, 6,800 life participants, 150 long-term disability participants, 2,300 vision participants, and 8,000 long-term care participants are covered under their health insurance plans. The organization focuses on delivering top-notch benefit programs and attentive customer service to ensure the security and peace of mind for those it serves.


Official website here: www.weatrust.com

What is the revenue of Wea Insurance Corporation?

Wea Insurance Corporation's revenue in 2022 was $579,871,189.


Official website here: www.weatrust.com

Who are the executives of Wea Insurance Corporation and what are their salaries?

Here are 18 key members and their salaries (Wea Insurance Corporation's CEO's salary is $0 and their total compensation is $373,199):

    Vaughn Vance (President & Ceo)
  • Compensation: $0
  • Related: $369,128
  • Other: $67,158

    • Michael Quist (Former Ceo)
  • Compensation: $0
  • Related: $355,846
  • Other: $17,353

    • Theresa Lowe (Chief Operating Officer)
  • Compensation: $0
  • Related: $261,050
  • Other: $54,089

    • Bonni Fredrick (Vice President General Counsel)
  • Compensation: $0
  • Related: $229,237
  • Other: $50,024

    • Dawn Witek (Vice President Of Finance & Accounting)
  • Compensation: $0
  • Related: $213,699
  • Other: $52,709

    • Barbara Ruegseggar (Corporate Secretary)
  • Compensation: $0
  • Related: $149,314
  • Other: $41,020

    • Mary Theisen (Board Member, Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $11,718
  • Other: $0

    • Margaret Guertler (Board Member, Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $9,007
  • Other: $0

    • Heather Mielke (Board Member, Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $7,534
  • Other: $0

    • Amy Johnson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $6,806
  • Other: $0

    • Mike Halloran (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $6,600
  • Other: $0

    • Andrew Staab (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $6,250
  • Other: $0

    • Sarah Kruger (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $5,700
  • Other: $0

    • Carol Kettner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $5,450
  • Other: $0

    • Shelly Krajacic (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $5,250
  • Other: $0

    • Daniel Weidner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $3,025
  • Other: $0

    • Peggy Wirtz Olsen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $2,650
  • Other: $0

    • Gina Dennik-Champion (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $1,950
  • Other: $0


  • Official website here: www.weatrust.com

    Where can I find the form 990 for Wea Insurance Corporation?

    The Wea Insurance Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.weatrust.com

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

    Mission Statement of Wea Insurance Corporation

    Wea Insurance Corporation, a leading institution in promoting health and financial security, works diligently to deliver excellent benefit programs and exceptional personal service to its Trust participants. The organization's core objective is to respect the dignity and worth of each member, fostering a community where everyone feels valued and cared for.

    Through its various health insurance programs, Wea Insurance Corporation supports the health needs of over 33,000 health participants, providing them with essential coverage and resources. Additionally, the organization extends its reach to approximately 6,800 life participants, 150 long-term disability participants, 2,300 vision participants, and 8,000 long-term care participants. By doing so, Wea Insurance Corporation ensures that a comprehensive range of benefits is accessible to all those entrusted in its care.

    Wea Insurance Corporation's unwavering commitment to its participants is evident in its dedication to delivering outstanding personal service. The organization's team of professionals is always ready to lend a helping hand, offering guidance and support tailored to each individual's unique needs. This approach not only strengthens the bond between Wea Insurance Corporation and its participants but also fosters a sense of trust and confidence in the organization's ability to deliver on its promises.

    By focusing on the well-being of its Trust participants, Wea Insurance Corporation creates a supportive environment where people can prioritize their health and financial stability, empowering them to live their best lives.

    Impact

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




    Thursday, August 15, 2024

    Wea Insurance Corporation's impact lies in promoting the health and financial security of its participants through excellent benefit programs and outstanding personal service. They provide health insurance programs benefitting approximately 33,400 health participants, 6,800 life participants, 150 long-term disability participants, 2,300 vision participants, and 8,000 long term care participants. Located in MADISON, WI, their mission is to ensure the dignity and worth of every member while enhancing their overall well-being.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $21,890,726
  • Program Service Revenue: $557,954,613
  • Gross Receipts: $1,732,221,000

    • Assets and Liabilities:
  • Total Assets: $600,975,134
  • Total Liabilities: $564,318,799
  • Net Assets: $36,656,335
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Contributions Earned

    Revenue

    $557,954,613

    Organization Details

    Founding Year

    1985

    Main Address

    45 Nob Hill Road, Madison, WI, 537133959

    NTEE Category

    Code: E83 - Health

    If you are a representative of Wea Insurance Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.