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)

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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 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.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

Who is the CEO of Wea Insurance Corporation?

Unavailable The CEO's salary of Wea Insurance Corporation is $0 and their total compensation is $373,199.


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):


Amy Johnson (Board Member)
  • Compensation: $0
  • Related: $6,806
  • Other: $0
Andrew Staab (Board Member)
  • Compensation: $0
  • Related: $6,250
  • Other: $0
Carol Kettner (Board Member)
  • Compensation: $0
  • Related: $5,450
  • Other: $0
Daniel Weidner (Board Member)
  • Compensation: $0
  • Related: $3,025
  • Other: $0
Gina Dennik-Champion (Board Member)
  • Compensation: $0
  • Related: $1,950
  • Other: $0
Heather Mielke (Board Member, Secretary/Treasurer)
  • Compensation: $0
  • Related: $7,534
  • Other: $0
Margaret Guertler (Board Member, Vice Chair)
  • Compensation: $0
  • Related: $9,007
  • Other: $0
Mary Theisen (Board Member, Chair)
  • Compensation: $0
  • Related: $11,718
  • Other: $0
Mike Halloran (Board Member)
  • Compensation: $0
  • Related: $6,600
  • Other: $0
Peggy Wirtz Olsen (Board Member)
  • Compensation: $0
  • Related: $2,650
  • Other: $0
Sarah Kruger (Board Member)
  • Compensation: $0
  • Related: $5,700
  • Other: $0
Shelly Krajacic (Board Member)
  • Compensation: $0
  • Related: $5,250
  • Other: $0
Barbara Ruegseggar (Corporate Secretary)
  • Compensation: $0
  • Related: $149,314
  • Other: $41,020
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
Theresa Lowe (Chief Operating Officer)
  • Compensation: $0
  • Related: $261,050
  • Other: $54,089
Vaughn Vance (President & Ceo)
  • Compensation: $0
  • Related: $369,128
  • Other: $67,158
Michael Quist (Former Ceo)
  • Compensation: $0
  • Related: $355,846
  • Other: $17,353


Official website here: www.weatrust.com

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

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.

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Impact




October, 2024

Wea Insurance Corporation plays a vital role in enhancing the health and financial security of its participants. By offering comprehensive health insurance programs, it benefits approximately 33,400 individuals, ensuring they have access to necessary medical care and wellness services. Additionally, the Corporation extends life insurance to 6,800 participants, providing peace of mind and financial protection for families in times of need.

The impact further extends to long-term support, with programs in place for 150 individuals in long-term disability and 8,000 in long-term care, catering to those who require ongoing assistance and health services. Vision care is also covered for 2,300 participants, highlighting the Corporation's commitment to holistic health management.

Operating out of Madison, Wisconsin, Wea Insurance Corporation prioritizes outstanding personal service that respects the dignity and worth of every member. Its programs not only improve individual well-being but also foster a sense of community and security among its participants.




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.


Financials

This financial information is from Propublica.

Revenue
$579,871,189 (2022)
Expenses
$616,649,093 (2022)
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

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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

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