WISCONSIN INSURANCE PLAN

EIN: 391125929

SOUTH MILWAUKEE, WI

Total Revenue
$3,782,247
Total Expenses
$3,103,458
Total Assets
$8,197,219
Net Assets
$5,171,808
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
WI
Principal Officer
KATE CARTAGENA
Phone
4142915353
Tax Period
2024-01-01 to 2024-12-31

WISCONSIN INSURANCE PLAN, founded in 1968, is a community nonprofit that reported $3.8M in total revenue in fiscal year 2024. Revenue fell 51% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $679K, a strong 18% operating margin.

Mission

WISCONSIN INSURANCE PLAN IS WISCONSIN'S FAIR PLAN OR RESIDUAL PROPERTY INSURER. THE PLAN WAS CREATED BY STATE STATUTE TO PROVIDE BASIC PROPERTY INSURANCE ON CERTAIN PROPERTIES REJECTED FOR COVERAGE BY OTHER INSURERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,606,685
Investment Income $176,410
Other Revenue $-848
TOTAL REVENUE $3,782,247

Expense Breakdown

Grants Paid $0
Salaries & Benefits $463,261
Fundraising Expenses $0
Other Expenses $2,640,197
TOTAL EXPENSES $3,103,458

Year-over-Year Comparison

2024 2023 Change
Revenue $3,782,247 $7,656,859 -0.5%
Expenses $3,103,458 $3,190,169 0.0%
Net Income $678,789 $4,466,690 -0.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
5
Volunteers
10

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$159,262
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN BREEST BOARD CHAIR 0.10
Officer Director
$0 $0 $0
TIMOTHY O'BRIEN VICE CHAIR 0.10
Officer Director
$0 $0 $0
JOHN KLAUER INSURER REPRESENTATIVE 0.10
Director
$0 $0 $0
BRYAN STEWART INSURER REPRESENTATIVE 0.10
Director
$0 $0 $0
JANET DETTMANN WISCONSIN INSURANCE ALLIAN 0.10
Director
$0 $0 $0
ERIC SCHOENE OCI-LIASION 0.10
Director
$0 $0 $0
JOHN ROTHSCHILD PUBLIC MEMBER 0.10
Director
$0 $0 $0
TRENA BOND PUBLIC MEMBER 0.10
Director
$0 $0 $0
MATT MEKEMSON AGENT REPRESENTATIVE 0.10
Director
$0 $0 $0
JEREMY CORDOVA AGENT REPRESENTATIVE 0.10
Director
$0 $0 $0
KATE CARTAGENA PLAN MANAGER 40.00
Officer
$127,193 $32,069 $159,262
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $3,782,247 $3,103,458 $8,197,219 $678,789
2023 $7,656,859 $3,190,169 $6,298,743 $4,466,690
2022 $2,330,505 $2,898,666 $1,768,609 $-568,161
2021 $2,503,844 $2,954,211 $2,649,304 $-450,367
2020 $2,603,597 $3,502,750 $3,194,991 $-899,153
2019 $2,831,719 $2,548,758 $3,681,340 $282,961
2018 $2,892,458 $3,124,348 $3,433,207 $-231,890
Explore More Nonprofits
→Top 100 Nonprofits in Wisconsin →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare WISCONSIN INSURANCE PLAN with other nonprofits in Wisconsin and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.