Wisconsin Workers Compensation Insurance Pool

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

EIN: 396084300 ✦ Waukesha, WI ✦ Designated as a 501(c)(6)

Overview

What is Wisconsin Workers Compensation Insurance Pool?

The Wisconsin Workers Compensation Insurance Pool is a nonprofit organization based in Waukesha, Wisconsin, specifically located at 20700 Swenson Drive Suite 100, 53186. Its primary mission is to provide worker's compensation insurance coverage for employers who have been rejected in the voluntary market within the state. This statutory risk ceding pool offers essential insurance services to organizations in need.


Official website here: www.wcrb.org

Is Wisconsin Workers Compensation Insurance Pool legitimate?

Wisconsin Workers Compensation Insurance Pool is a legitimate nonprofit organization registered as a 501(c)(6) entity. Wisconsin Workers Compensation Insurance Pool 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.wcrb.org

What is the mission statement of Wisconsin Workers Compensation Insurance Pool?

The Wisconsin Workers Compensation Insurance Pool serves as a statutory risk ceding pool, dedicated to extending worker's compensation insurance coverage to employers who face difficulties obtaining it in the voluntary market. Its primary objective is to ensure that employers in need of insurance protection can still provide for their employees' workplace injury and illness benefits. The organization assumes coverage for rejected worker's compensation risks within the state, thereby filling a crucial gap in insurance provision.


Official website here: www.wcrb.org

Who is the CEO of Wisconsin Workers Compensation Insurance Pool?

Laura Vande Hey is the Committee Member of Wisconsin Workers Compensation Insurance Pool.


Official website here: www.wcrb.org

What is the revenue of Wisconsin Workers Compensation Insurance Pool?

Wisconsin Workers Compensation Insurance Pool's revenue in 2022 was $77,525,017.


Official website here: www.wcrb.org

Who are the executives of Wisconsin Workers Compensation Insurance Pool and what are their salaries?

Here are 12 key members and their salaries:

    American Home Assurance (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • General Casualty Company (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • West Bend Mutual Insurance (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Society Insurance Co (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sfm Mutual Insurance Company (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Travelers Indemnity Co (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Secura Insurance Co (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sentry Insurance A Mutual Co (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • United Wisconsin Insurance Co (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Employers Insurance Company Of Wausau (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Lester (Employer Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Burazin (Employer Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wcrb.org

    Where can I find the form 990 for Wisconsin Workers Compensation Insurance Pool?

    The Wisconsin Workers Compensation Insurance Pool’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wcrb.org

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

    Mission Statement of Wisconsin Workers Compensation Insurance Pool

    The Wisconsin Workers Compensation Insurance Pool, a statutory risk cedding pool, serves a crucial mission in the state. When employers find themselves unable to secure worker's compensation insurance coverage in the voluntary market, this organization steps in to provide a solution. Established to cater to rejected worker's compensation risks, the Pool aims to ensure that all employers in Wisconsin have access to essential insurance protection for their workforce. By offering coverage for these risks, the Pool plays a vital role in maintaining workplace safety and security for employees and employers alike.

    Impact

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




    Thursday, August 15, 2024

    The impact of the Wisconsin Workers Compensation Insurance Pool is significant as it provides coverage for rejected worker's compensation risks in the state of Wisconsin. By offering worker's compensation insurance to employers who are unable to obtain coverage in the "voluntary" market, the organization plays a crucial role in ensuring that workers are protected in case of work-related injuries or accidents. This helps in maintaining a sense of security and stability for both employees and employers in Wisconsin.





    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: $489,423
  • Program Service Revenue: $77,035,594
  • Gross Receipts: $338,208,741

    • Assets and Liabilities:
  • Total Assets: $276,509,982
  • Total Liabilities: $114,010
  • Net Assets: $276,395,972
  • Programs

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

    COLLECTED PREMIUMS

    Revenue

    $79,679,594

    CHARGE-OFFS

    Revenue

    $-637,412

    COMMISSIONS

    Revenue

    $-2,006,588

    Organization Details

    Founding Year

    1931

    Principal Officer

    Laura Vande Hey

    Main Address

    20700 SWENSON DRIVE SUITE 100 100, WAUKESHA, WI, 53186

    NTEE Category

    Code: Y20 - Mutual benefit

    If you are a representative of Wisconsin Workers Compensation Insurance Pool 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.