Civic Intelligence

Wisconsin Compensation Rating Bureau

990 • Fiscal year 2014 • EIN 39-0712330

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 12, 2015

20700 Swenson Drive No 100Waukesha, WI 53186

(262) 796-4540

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

1.22x

Higher debt load relative to assets than 98% of similar nonprofits.

2014 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

80th percentile

0.68x

Higher debt load relative to revenue than 80% of similar nonprofits.

2014 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2014

Net Margin

87th percentile

19%

Higher net margin than 87% of similar nonprofits.

2014 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

63rd percentile

$304,484

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2014 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2014

Asset Growth

3rd percentile

-23%

Faster asset growth than 3% of similar nonprofits.

2014 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

40th percentile

1.9%

Faster revenue growth than 40% of similar nonprofits.

2014 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Assets

Down

$4,986,270

Down $1,517,127 (-23%) from 2013

Net Assets

Down

-$1,101,226

Down $3,083,054 (-156%) from 2013

Liabilities

Up

$6,087,496

Up $1,565,927 (+35%) from 2013

Revenue

Up

$9,006,376

Up $165,133 (+1.9%) from 2013

Expenses

Up

$7,268,841

Up $1,016 (+0.0%) from 2013

Net Income

Up

$1,737,535

Up $164,117 (+10%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0-$5.0MAssets 2010: $7,112,483Liabilities 2010: $5,120,814Net Assets 2010: $1,991,6692010Assets 2011: $5,674,056Liabilities 2011: $5,722,639Net Assets 2011: -$48,5832011Assets 2012: $5,337,790Liabilities 2012: $6,848,237Net Assets 2012: -$1,510,4472012Assets 2013: $6,503,397Liabilities 2013: $4,521,569Net Assets 2013: $1,981,8282013Assets 2014: $4,986,270Liabilities 2014: $6,087,496Net Assets 2014: -$1,101,2262014Assets 2015: $6,407,353Liabilities 2015: $7,199,220Net Assets 2015: -$791,8672015Assets 2016: $7,203,775Liabilities 2016: $6,461,776Net Assets 2016: $741,9992016Assets 2017: $7,837,860Liabilities 2017: $7,371,828Net Assets 2017: $466,0322017Assets 2018: $8,423,515Liabilities 2018: $7,067,355Net Assets 2018: $1,356,1602018Assets 2019: $8,392,772Liabilities 2019: $8,052,394Net Assets 2019: $340,3782019Assets 2020: $8,268,014Liabilities 2020: $8,335,704Net Assets 2020: -$67,6902020Assets 2021: $9,215,818Liabilities 2021: $7,882,088Net Assets 2021: $1,333,7302021Assets 2022: $9,375,619Liabilities 2022: $5,669,392Net Assets 2022: $3,706,2272022Assets 2023: $7,794,717Liabilities 2023: $5,748,400Net Assets 2023: $2,046,3172023Assets 2024: $8,407,243Liabilities 2024: $4,128,491Net Assets 2024: $4,278,7522024

Highlighted filing

2014

Assets$4,986,270
Liabilities$6,087,496
Net Assets-$1,101,226

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0Expenses 2010: $6,780,1112010Revenue 2011: $8,865,008Expenses 2011: $6,635,699Net Income 2011: $2,229,3092011Expenses 2012: $7,006,0302012Revenue 2013: $8,841,243Expenses 2013: $7,267,825Net Income 2013: $1,573,4182013Revenue 2014: $9,006,376Expenses 2014: $7,268,841Net Income 2014: $1,737,5352014Revenue 2015: $9,060,325Expenses 2015: $7,390,602Net Income 2015: $1,669,7232015Revenue 2016: $9,291,353Expenses 2016: $7,696,981Net Income 2016: $1,594,3722016Revenue 2017: $9,471,316Expenses 2017: $7,675,868Net Income 2017: $1,795,4482017Revenue 2018: $9,803,974Expenses 2018: $7,701,109Net Income 2018: $2,102,8652018Revenue 2019: $9,948,378Expenses 2019: $8,113,080Net Income 2019: $1,835,2982019Revenue 2020: $9,480,021Expenses 2020: $8,257,083Net Income 2020: $1,222,9382020Revenue 2021: $9,681,252Expenses 2021: $7,829,459Net Income 2021: $1,851,7932021Revenue 2022: $10,855,383Expenses 2022: $8,195,499Net Income 2022: $2,659,8842022Revenue 2023: $11,988,095Expenses 2023: $9,250,127Net Income 2023: $2,737,9682023Revenue 2024: $12,720,562Expenses 2024: $9,465,343Net Income 2024: $3,255,2192024

Highlighted filing

2014

Revenue$9,006,376
Expenses$7,268,841
Net Income$1,737,535
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 12, 2015
Return Version
2014v5.0
Gross Receipts
$9,933,438
Mission and Program Overview

Mission

The mission of the wcrb is to administer and enhance wisconsin's system of worker's compensation classifications, rates, rating plans, and forms. The bureau will perform its duties in an equitable, professional, and responsive manner when dealing with all of the participants in the system.

Rating workers compensation insurance risks.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,350,303$3,287,482▼ $62,821
Investments Other Securities$466,755$637,755▲ $171,000
Cash and Non-Interest-Bearing Accounts$2,048,008$600,593▼ $1,447,415
Accounts Receivable$471,409$341,673▼ $129,736
Prepaid Expenses and Deferred Charges$145,201$98,110▼ $47,091
Savings and Temporary Cash Investments$6,479$6,483▲ $4
Total Assets$6,503,397$4,986,270▼ $1,517,127
Other Assets Total$15,242$14,174▼ $1,068
Liabilities
Accounts Payable and Accrued Expenses$4,495,172$6,060,225▲ $1,565,053
Mortgage Notes Payable Secured by Investment Property$26,397$27,271▲ $874
Total Liabilities$4,521,569$6,087,496▲ $1,565,927
Net Assets / Fund Balance
Unrestricted Net Assets$1,981,828$-1,101,226▼ $3,083,054
Total Net Assets Fund Balance$1,981,828$-1,101,226▼ $3,083,054
Total Liabilities and Net Assets / Fund Balance$6,503,397$4,986,270▼ $1,517,127

Asset Categories

AssetBook ValueDepreciationBasis
Closely Held Equity Interests$637,755--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-PresidentPT$270,816$33,668$304,484
Bernard RosauerPresident-$255,816$48,668$304,484
-Vice President - ItFT$153,271$35,305$188,576
Michael MannVice President - It-$144,271$44,305$188,576
-Vice President - TechnicalFT$133,663$25,099$158,762
Tad ClevelandVice President - Technical-$123,663$35,099$158,762
-Vice President - AdministrFT$113,100$33,677$146,777
-Vice President - OperationsFT$107,614$32,885$140,499
-Project Manager/business aFT$108,930$16,307$125,237

Board Members and Trustees

NameTitle
-Committee Member
Bernard RosauerCommittee Member
Beth NickelCommittee Member
Debra WussowCommittee Member
Michael MannCommittee Member
Nancy KierzekCommittee Member
Tad ClevelandCommittee Member
-Employer Representative
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$8,813,376
Investment Income
$193,000
Other Revenue
$0
Change in Net Assets
$1,737,535

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,006,376
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-4,948,211
Total Revenue per Audited Statements
$4,058,165
Total Revenue per Form 990
$9,006,376
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,527,221
Other Expenses$2,741,620
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,115,557
Information Technology---$1,158,455
Current Officers, Directors, Trustees, and Key Employees---$972,674
Other Employee Benefits---$702,189
Pension Plan Contributions---$533,244
Fees for Services Other---$519,331
Occupancy---$343,537
Payroll Taxes---$203,557
Office Expenses---$159,848
Travel---$103,607
Fees for Services Accounting---$44,696
Fees for Services Legal---$41,607
All Other Expenses---$38,747
Insurance---$33,830
Conferences and Meetings---$15,504
Fees for Services Management---$14,400
Payments to Affiliates---$4,151
Other Expenses---$1,251
Total Functional Expenses$0$0$0$7,268,841

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,268,841
Total Expenses per Form 990$7,268,841
Total Expenses per Audited Statements$7,141,219
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-127,622
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

Every insurer writing workers' compensation insurance or the liability for similar benefits of employers exempt from workers' compensation insurance in the state of wisconsin is automatically a member of the bureau. Members of the bureau elect the members of the governing body from among the membership.

Form 990, Part VI, Section A, Line 7B

While not a state agency, wcrb is regulated by the state of wisconsin office of the commissioner of insurance (oci) and works very closely with the worker's compensation division of the wisconsin department of workforce development (dwd).

Form 990, Part VI, Section B, Line 11

A copy of form 990 is provided to the organizations management for review prior to filing and is made available to governing board members upon finalization.

Form 990, Part VI, Section C, Line 19

Documents are available via website: www.wcrb.org

Form 990, Part VII

American home assurance company - 175 water street, new york, ny 10038. Secura insurance, a mutual company - 2401 south memorial dr, appleton, wi 54912. Sentry insurance, a mutual company - 1800 north point dr, stevens point, wi 54481. Employers insurance company of wausau - p.o. Box 8017, wausau, wi 54402. United wisconsin insurance company - p.o. Box 3026, milwaukee, wi 53201. Travlers indemnity company - 1 tower square, hartford, ct 06183. General casualty insurance company - 500 park blvd. #1205, itasca, il 60143. Society insurance a mutual company - 150 camelot drive, fond du lac, wi 54936. Chris reader - 3829 swoboda road, verona, wi 53593. Dan burazin - 1243 n. 10th street, ste 175, milwaukee, wi 53205.

Part VIII Line 3

It has been determined that income previously reported as unrelated in part viii line 3c does not generate unrelated business income. The companies in which the income is derived is used to fulfill the bureau's mission.

Filing and Contact Details

Filer

Filer Name
Wisconsin Compensation Rating Bureau
EIN
39-0712330
Phone
2627964540
Address
20700 SWENSON DRIVE NO 100, WAUKESHA, WI 53186

Signing Officer

Name
Nancy Kierzek
Title
VP - Administrative Services
Phone
2627964540
Signed
2015-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy Kierzek
Formed
1917
Legal Domicile
Wi
Voting Board Members
10
Independent Board Members
0
Employees
46
Volunteers
0

Preparer

Firm
Reilly Penner & Benton Llp
Address
1233 NORTH MAYFAIR ROAD SUITE 302, MILWAUKEE, WI 53226-3255
Preparer
Brian Mechenich
Phone
4142717800
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Surplus unrealized gain on postretirement benefits -1,914,276. Prior service cost on postretirement 96,528. Pension trust adjustment 184,672. Change in postretirement benefit -57,050. Surplus - excess of income -3,130,463.

Part XII Line 2C

The bureau has an audit committee that oversees the audit.

Financial Statement Notes

PART X, LINE 2:

Under generally accepted accounting principles, management is required to evaluate any uncertain tax positions taken, if any, and provide additional disclosures. At this time, the bureau does not believe it has taken any uncertain tax positions that may have a material effect on its financial statements or note disclosures. Generally, for united states federal income taxes, the bureau is only subject to examination for the current year's tax return and the preceding three year's returns.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Net actuarial gain or (loss) on pos -1,914,276. Prior service cost on postretirement 96,528. Surplus -3,130,463.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Accrued pension trust adjustment -184,672. Change in accrued postretirement be 57,050.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3COMMITTEE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4COMMITTEE MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt6COMMITTEE MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE PRESIDENT - TECHNICAL
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE PRESIDENT - IT
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE PRESIDENT - OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE PRESIDENT - ADMINISTR
IRS990/Form990PartVIISectionAGrp/TitleTxt15PROJECT MANAGER/BUSINESS A
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01917
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-30698
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0896364
IRS990/GrossReceiptsAmt09933438
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt01158455
IRS990/InsuranceGrp/TotalAmt033830
IRS990/InvestmentIncomeGrp/ExclusionAmt0223698
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0223698
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0466755
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0637755
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03350303
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03287482
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0WI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0927062
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE WCRB IS TO ADMINISTER AND ENHANCE WISCONSIN'S SYSTEM OF WORKER'S COMPENSATION CLASSIFICATIONS, RATES, RATING PLANS, AND FORMS. THE BUREAU WILL PERFORM ITS DUTIES IN AN EQUITABLE, PROFESSIONAL, AND RESPONSIVE MANNER WHEN DEALING WITH ALL OF THE PARTICIPANTS IN THE SYSTEM.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt026397
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt027271
IRS990/NetAssetsOrFundBalancesBOYAmt01981828
IRS990/NetAssetsOrFundBalancesEOYAmt0-1101226
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-30698
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-30698
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0343537
IRS990/OfficeExpensesGrp/TotalAmt0159848
IRS990/OfficerMailingAddressInd01
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt015242
IRS990/OtherAssetsTotalGrp/EOYAmt014174
IRS990/OtherChangesInNetAssetsAmt0-4820589
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0702189
IRS990/OtherExpensesGrp/Desc0WORKERS COMP RESEARCH I
IRS990/OtherExpensesGrp/Desc1DR EXPENSES
IRS990/OtherExpensesGrp/Desc2BUSINESS ENTERTAINMENT
IRS990/OtherExpensesGrp/Desc3FURNITURE AND FIXTURES
IRS990/OtherExpensesGrp/TotalAmt0195000
IRS990/OtherExpensesGrp/TotalAmt164274
IRS990/OtherExpensesGrp/TotalAmt23382
IRS990/OtherExpensesGrp/TotalAmt31251
IRS990/OtherSalariesAndWagesGrp/TotalAmt02115557
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt04151
IRS990/PayrollTaxesGrp/TotalAmt0203557
IRS990/PensionPlanContributionsGrp/TotalAmt0533244
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0145201
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt098110
IRS990/PrincipalOfficerNm0NANCY KIERZEK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES & ASSE
IRS990/ProgramServiceRevenueGrp/Desc1UNIT STATISTICAL CARDS
IRS990/ProgramServiceRevenueGrp/Desc2REPORT SERVICES
IRS990/ProgramServiceRevenueGrp/Desc3NOTICE TO CARRIERS
IRS990/ProgramServiceRevenueGrp/Desc4WAIP MISC
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07586325
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1390750
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2344430
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3290000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4157051
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07586325
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1390750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2344430
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3290000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4157051
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0144414
IRS990/PYOtherExpensesAmt02753884
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt08696829
IRS990/PYRevenuesLessExpensesAmt01573418
IRS990/PYSalariesCompEmpBnftPaidAmt04513941
IRS990/PYTotalExpensesAmt07267825
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08841243
IRS990/ReconcilationRevenueExpnssAmt01737535
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06479
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06483
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt0637755
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0C
IRS990ScheduleD/ExpensesNotReportedAmt0-127622
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt07268841
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt0-127622
IRS990ScheduleD/OtherRevenueAmt0-4948211
IRS990ScheduleD/RevenueNotReportedAmt0-4948211
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt09006376
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, MANAGEMENT IS REQUIRED TO EVALUATE ANY UNCERTAIN TAX POSITIONS TAKEN, IF ANY, AND PROVIDE ADDITIONAL DISCLOSURES. AT THIS TIME, THE BUREAU DOES NOT BELIEVE IT HAS TAKEN ANY UNCERTAIN TAX POSITIONS THAT MAY HAVE A MATERIAL EFFECT ON ITS FINANCIAL STATEMENTS OR NOTE DISCLOSURES. GENERALLY, FOR UNITED STATES FEDERAL INCOME TAXES, THE BUREAU IS ONLY SUBJECT TO EXAMINATION FOR THE CURRENT YEAR'S TAX RETURN AND THE PRECEDING THREE YEAR'S RETURNS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1NET ACTUARIAL GAIN OR (LOSS) ON POS -1,914,276. PRIOR SERVICE COST ON POSTRETIREMENT 96,528. SURPLUS -3,130,463.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2ACCRUED PENSION TRUST ADJUSTMENT -184,672. CHANGE IN ACCRUED POSTRETIREMENT BE 57,050.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0637755
IRS990ScheduleD/TotalExpensesPerForm990Amt07268841
IRS990ScheduleD/TotalRevenuePerForm990Amt09006376
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04058165
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07141219
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0255816
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1123663
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2144271
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount015000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount110000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount29000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt033668
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt125099
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt235305
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0BERNARD ROSAUER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1TAD CLEVELAND
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2MICHAEL MANN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VICE PRESIDENT - TECHNICAL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2VICE PRESIDENT - IT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0304484
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1158762
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2188576
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt20
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0TAD CLEVELAND - DEFERRED $3,201 NANCY KIERZEK - DEFERRED $4,306 MICHAEL MANN - DEFERRED $17,500 DEBRA WUSSOW - DEFERRED $17,500
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 4B
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EVERY INSURER WRITING WORKERS' COMPENSATION INSURANCE OR THE LIABILITY FOR SIMILAR BENEFITS OF EMPLOYERS EXEMPT FROM WORKERS' COMPENSATION INSURANCE IN THE STATE OF WISCONSIN IS AUTOMATICALLY A MEMBER OF THE BUREAU. MEMBERS OF THE BUREAU ELECT THE MEMBERS OF THE GOVERNING BODY FROM AMONG THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WHILE NOT A STATE AGENCY, WCRB IS REGULATED BY THE STATE OF WISCONSIN OFFICE OF THE COMMISSIONER OF INSURANCE (OCI) AND WORKS VERY CLOSELY WITH THE WORKER'S COMPENSATION DIVISION OF THE WISCONSIN DEPARTMENT OF WORKFORCE DEVELOPMENT (DWD).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF FORM 990 IS PROVIDED TO THE ORGANIZATIONS MANAGEMENT FOR REVIEW PRIOR TO FILING AND IS MADE AVAILABLE TO GOVERNING BOARD MEMBERS UPON FINALIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE VIA WEBSITE: WWW.WCRB.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AMERICAN HOME ASSURANCE COMPANY - 175 WATER STREET, NEW YORK, NY 10038. SECURA INSURANCE, A MUTUAL COMPANY - 2401 SOUTH MEMORIAL DR, APPLETON, WI 54912. SENTRY INSURANCE, A MUTUAL COMPANY - 1800 NORTH POINT DR, STEVENS POINT, WI 54481. EMPLOYERS INSURANCE COMPANY OF WAUSAU - P.O. BOX 8017, WAUSAU, WI 54402. UNITED WISCONSIN INSURANCE COMPANY - P.O. BOX 3026, MILWAUKEE, WI 53201. TRAVLERS INDEMNITY COMPANY - 1 TOWER SQUARE, HARTFORD, CT 06183. GENERAL CASUALTY INSURANCE COMPANY - 500 PARK BLVD. #1205, ITASCA, IL 60143. SOCIETY INSURANCE A MUTUAL COMPANY - 150 CAMELOT DRIVE, FOND DU LAC, WI 54936. CHRIS READER - 3829 SWOBODA ROAD, VERONA, WI 53593. DAN BURAZIN - 1243 N. 10TH STREET, STE 175, MILWAUKEE, WI 53205.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SURPLUS UNREALIZED GAIN ON POSTRETIREMENT BENEFITS -1,914,276. PRIOR SERVICE COST ON POSTRETIREMENT 96,528. PENSION TRUST ADJUSTMENT 184,672. CHANGE IN POSTRETIREMENT BENEFIT -57,050. SURPLUS - EXCESS OF INCOME -3,130,463.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BUREAU HAS AN AUDIT COMMITTEE THAT OVERSEES THE AUDIT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7IT HAS BEEN DETERMINED THAT INCOME PREVIOUSLY REPORTED AS UNRELATED IN PART VIII LINE 3C DOES NOT GENERATE UNRELATED BUSINESS INCOME. THE COMPANIES IN WHICH THE INCOME IS DERIVED IS USED TO FULFILL THE BUREAU'S MISSION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VII

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.41$4.13$4.28$12.7$9.47$3.26
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.79$5.75$2.05$12.0$9.25$2.74
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.38$5.67$3.71$10.9$8.20$2.66
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$9.22$7.88$1.33$9.68$7.83$1.85
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.27$8.34$0.07$9.48$8.26$1.22
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.39$8.05$0.34$9.95$8.11$1.84
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.42$7.07$1.36$9.80$7.70$2.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.84$7.37$0.47$9.47$7.68$1.80
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.20$6.46$0.74$9.29$7.70$1.59
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.41$7.20$0.79$9.06$7.39$1.67
2014Detailed filing. Detailed filing data is available for this year.$4.99$6.09$1.10$9.01$7.27$1.74
2013Detailed filing. Detailed filing data is available for this year.$6.50$4.52$1.98$8.84$7.27$1.57
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.34$6.85$1.51$7.01
2011Summary only. Only limited summary data is available for this year.$5.67$5.72$0.05$8.87$6.64$2.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.11$5.12$1.99$6.78