WISCONSIN EDUCATION ASSOCIATION IN… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

1970

Legal Domicile

Principal Officer

VAUGHN VANCE

Phone

8002794000

Tax Period

2023-01-01 to 2023-12-31

WISCONSIN EDUCATION ASSOCIATION INSURANCE TRUST, founded in 1970, is a small nonprofit that reported $269K in total revenue in fiscal year 2023. Expenses of $868K exceeded revenue, resulting in a 223% operating deficit.

Mission

ENSURING PEACE OF MIND ALONG THE HEALTHCARE JOURNEY THROUGH COMPASSIONATE EMPLOYEES WHO PROUDLY DELIVER EXCEPTIONAL SERVICES.

Program Service Accomplishments

Program 1

PROVIDE HEALTH AND WELFARE BENEFITS TO PARTICIPANTS THROUGH INSURANCE PROGRAMS UNDERWRITTEN BY AN AFFILIATED ORGANIZATION.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $264,841

Other Revenue $4,280

TOTAL REVENUE $269,121

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $868,111

TOTAL EXPENSES $868,111

Year-over-Year Comparison

	2023	2022	Change
Revenue	$269,121	$-1,135,972	-1.2%
Expenses	$868,111	$791,853	+0.1%
Net Income	$-598,990	$-1,927,825	-0.7%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

$980,323

Total Directors

$34,570

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VAUGHN VANCE	PRESIDENT & CEO	20.00	Officer	$199,191	$63,388	$461,770
DAWN WITEK	VP OF FINANCE & ACCOUNTING	20.00	Officer	$114,728	$17,628	$281,376
BARB RUEGSEGGER	VP & CORPORATE SECRETARY	20.00	Officer	$88,323	$46,086	$222,732
MARY THEISEN	BOARD MEMBER, CHAIR	2.25	Officer Director	$3,514	$0	$6,003
MARGARET GUERTLER	BOARD MEMBER, VICE CHAIR	2.25	Officer Director	$2,864	$0	$4,653
HEATHER MIELKE	BOARD MEMBER, SECRETARY/TREASURER	2.25	Officer Director	$2,189	$0	$3,789
AMY JOHNSON	BOARD MEMBER	1.25	Director	$1,800	$0	$3,350
MIKE HALLORAN	BOARD MEMBER	1.25	Director	$1,800	$0	$3,375
ANDREW STAAB	BOARD MEMBER	1.25	Director	$1,700	$0	$3,150
CAROL KETTNER	BOARD MEMBER	1.25	Director	$1,650	$0	$2,800
SARAH KRUGER	BOARD MEMBER	1.25	Director	$1,500	$0	$2,750
SHELLY KRAJACIC	BOARD MEMBER	1.25	Director	$1,450	$0	$2,500
PEGGY WIRTZ-OLSEN	BOARD MEMBER	1.25	Director	$1,250	$0	$2,200

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	No data	No data	No data	No data
2023	$269,121	$868,111	$123,391,637	$-598,990
2022	$-1,135,972	$791,853	$76,116,060	$-1,927,825
2021	$-6,610,775	$973,647	$221,677,114	$-7,584,422
2020	$3,750,958	$1,003,301	$283,754,418	$2,747,657
2019	$3,767,866	$1,878,966	$227,521,208	$1,888,900
2018	$217,180,325	$216,194,037	$235,238,758	$986,288

WISCONSIN EDUCATION ASSOCIATION INSURANCE TRUST