Civic Intelligence

Wisconsin Association of Mutual Insurance Companies Inc

990 • Fiscal year 2013 • EIN 39-1140747

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 17, 2014

7203 Gene Street Suite ADeforest, WI 53532

(608) 846-7203

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.58x

Higher debt load relative to assets than 92% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

85th percentile

0.19x

Higher debt load relative to revenue than 85% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Net Margin

38th percentile

-1.3%

Higher net margin than 38% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Top Officer Pay

95th percentile

$86,484

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 19.2% of source-year revenue.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Asset Growth

43rd percentile

-0.2%

Faster asset growth than 43% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$150,505

Down $376 (-0.2%) from 2012

Net Assets

Down

$63,356

Down $6,060 (-8.7%) from 2012

Liabilities

Up

$87,149

Up $5,684 (+7.0%) from 2012

Revenue

$451,358

No earlier filing loaded for comparison.

Expenses

Up

$457,418

Up $25,956 (+6.0%) from 2012

Net Income

-$6,060

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $312,723Liabilities 2011: $262,626Net Assets 2011: $50,0972011Assets 2012: $150,881Liabilities 2012: $81,465Net Assets 2012: $69,4162012Assets 2013: $150,505Liabilities 2013: $87,149Net Assets 2013: $63,3562013Assets 2014: $176,883Liabilities 2014: $95,004Net Assets 2014: $81,8792014Assets 2015: $152,798Liabilities 2015: $127,330Net Assets 2015: $25,4682015Assets 2016: $83,208Liabilities 2016: $13,602Net Assets 2016: $69,6062016Assets 2017: $132,576Liabilities 2017: $16,869Net Assets 2017: $115,7072017Assets 2018: $168,151Liabilities 2018: $42,732Net Assets 2018: $125,4192018Assets 2019: $311,145Liabilities 2019: $155,383Net Assets 2019: $155,7622019Assets 2020: $371,064Liabilities 2020: $249,150Net Assets 2020: $121,9142020Assets 2021: $428,267Liabilities 2021: $264,765Net Assets 2021: $163,5022021Assets 2022: $455,411Liabilities 2022: $289,503Net Assets 2022: $165,9082022Assets 2023: $362,480Liabilities 2023: $153,645Net Assets 2023: $208,8352023Assets 2024: $535,894Liabilities 2024: $170,782Net Assets 2024: $365,1122024

Highlighted filing

2013

Assets$150,505
Liabilities$87,149
Net Assets$63,356

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $501,7162011Expenses 2012: $431,4622012Revenue 2013: $451,358Expenses 2013: $457,418Net Income 2013: -$6,0602013Revenue 2014: $449,726Expenses 2014: $431,203Net Income 2014: $18,5232014Revenue 2015: $444,337Expenses 2015: $500,748Net Income 2015: -$56,4112015Revenue 2016: $525,595Expenses 2016: $481,457Net Income 2016: $44,1382016Revenue 2017: $564,484Expenses 2017: $518,383Net Income 2017: $46,1012017Revenue 2018: $554,482Expenses 2018: $544,770Net Income 2018: $9,7122018Revenue 2019: $590,131Expenses 2019: $559,788Net Income 2019: $30,3432019Revenue 2020: $449,896Expenses 2020: $416,757Net Income 2020: $33,1392020Revenue 2021: $582,481Expenses 2021: $540,893Net Income 2021: $41,5882021Revenue 2022: $632,080Expenses 2022: $618,753Net Income 2022: $13,3272022Revenue 2023: $681,556Expenses 2023: $674,843Net Income 2023: $6,7132023Revenue 2024: $788,706Expenses 2024: $640,009Net Income 2024: $148,6972024

Highlighted filing

2013

Revenue$451,358
Expenses$457,418
Net Income-$6,060
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 17, 2014
Return Version
2013v3.1
Gross Receipts
$456,702
Mission and Program Overview

Mission

The association provides information via publications, workshops, and meetings to benefit the member mutual insurance companies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$81,286$91,000▲ $9,714
Cash and Non-Interest-Bearing Accounts$49,081$43,854▼ $5,227
Prepaid Expenses and Deferred Charges$13,521$4,309▼ $9,212
Inventories for Sale or Use$4,032$4,084▲ $52
Land, Buildings, and Equipment, Net$759$605▼ $154
Accounts Receivable$828$56▼ $772
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$150,881$150,505▼ $376
Other Assets Total$1,374$6,597▲ $5,223
Liabilities
Other Liabilities$41,610$49,155▲ $7,545
Accounts Payable and Accrued Expenses$39,855$37,994▼ $1,861
Total Liabilities$81,465$87,149▲ $5,684
Net Assets / Fund Balance
Unrestricted Net Assets$69,416$63,356▼ $6,060
Total Net Assets Fund Balance$69,416$63,356▼ $6,060
Total Liabilities and Net Assets / Fund Balance$150,881$150,505▼ $376

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$605$24,410$25,015
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jim TlustyPresidentFT$86,484$86,484
Jim VineyFormer Chairman-$1,250$1,250
Gregg WestigardVice Chairman-$250$250

Board Members and Trustees

NameTitle
Pat LawsChairman
Charles SchriberDirector
Denis FuerstenbergDirector
Gary KrumenauerDirector
Penny BoyleDirector
Sandra SeifertDirector
Judy BickelSecretary-Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$6,160
Program Service Revenue
$113,877
Investment Income
$2,414
Other Revenue
$328,907
All Other Contributions
$6,160
Change in Net Assets
$-6,060

Audited Revenue Reconciliation

Revenue per Audited Statements
$451,358
Revenue Not Reported on Form 990
$5,344
Total Revenue per Audited Statements
$456,702
Total Revenue per Form 990
$451,358
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$279,110
Salaries, Compensation, and Employee Benefits$178,308
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$87,984--$87,984
Other Salaries and Wages$41,336--$41,336
Pension Plan Contributions$21,739--$21,739
Conferences and Meetings$17,653--$17,653
Other Employee Benefits$17,507--$17,507
All Other Expenses$13,352--$13,352
Office Expenses$12,810--$12,810
Occupancy$11,600--$11,600
Payroll Taxes$9,742--$9,742
Other Expenses$9,174--$9,174
Fees for Services Accounting$6,009--$6,009
Insurance$5,379--$5,379
Fees for Services Legal$2,609--$2,609
Information Technology$1,293--$1,293
Travel$712--$712
Depreciation Depletion$304--$304
Advertising$50--$50
Total Functional Expenses$457,418$0$0$457,418

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$462,762
Expenses per Audited Statements$457,418
Total Expenses per Form 990$457,418
Expenses Not Reported on Form 990$5,344
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred compensation$49,155
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

The Association also employs the wife of the president.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Members are informed of the Association's activities at periodic district meetings and at the annual meeting.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Members approve the actions of the Board of Directors at the annual meeting.

Form 990, Part VI, Line 11B: Form 990 Review Process

A draft copy of the Form 990 was reviewed by the president.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

None

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, policies, and financial statements are made available to members and other interested parties upon request.

Filing and Contact Details

Filer

EIN
39-1140747
Phone
6088467203

Signing Officer

Name
Jim Tlusty
Title
President
Signed
2014-11-17
Discuss with paid preparer
Yes

Organization Details

Formed
1949
Legal Domicile
Wi
Voting Board Members
8
Independent Board Members
8
Employees
3

Preparer

Preparer
Randall F Koch
Phone
9207334957
Supplemental Narrative

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Cost of sales $5344

Part XII, Line 2D: Other expenses and losses per audited F/S

Cost of Sales $5344

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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt017507
IRS990/OtherEmployeeBenefitsGrp/TotalAmt017507
IRS990/OtherExpensesGrp/Desc0AAIS Copyright Fees
IRS990/OtherExpensesGrp/Desc1WAMIC Convention
IRS990/OtherExpensesGrp/Desc2Schools & Seminars
IRS990/OtherExpensesGrp/Desc3Director Expenses
IRS990/OtherExpensesGrp/ProgramServicesAmt099786
IRS990/OtherExpensesGrp/ProgramServicesAmt178227
IRS990/OtherExpensesGrp/ProgramServicesAmt220152
IRS990/OtherExpensesGrp/ProgramServicesAmt39174
IRS990/OtherExpensesGrp/TotalAmt099786
IRS990/OtherExpensesGrp/TotalAmt178227
IRS990/OtherExpensesGrp/TotalAmt220152
IRS990/OtherExpensesGrp/TotalAmt39174
IRS990/OtherLiabilitiesGrp/BOYAmt041610
IRS990/OtherLiabilitiesGrp/EOYAmt049155
IRS990/OtherRevenueMiscGrp/BusinessCd0524298
IRS990/OtherRevenueMiscGrp/BusinessCd1524298
IRS990/OtherRevenueMiscGrp/BusinessCd2524298
IRS990/OtherRevenueMiscGrp/Desc0Membership Dues
IRS990/OtherRevenueMiscGrp/Desc1Miscellaneous Income
IRS990/OtherRevenueMiscGrp/Desc2Schools & Seminars
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0139817
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11415
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt235135
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0279634
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11415
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt235135
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0139817
IRS990/OtherRevenueTotalAmt0316184
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt041336
IRS990/OtherSalariesAndWagesGrp/TotalAmt041336
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt09742
IRS990/PayrollTaxesGrp/TotalAmt09742
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt021739
IRS990/PensionPlanContributionsGrp/TotalAmt021739
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013521
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04309
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0524298
IRS990/ProgramServiceRevenueGrp/Desc0WAMIC Convention
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0113877
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0113877
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt012000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02732
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0268864
IRS990/PYOtherRevenueAmt0326506
IRS990/PYProgramServiceRevenueAmt0109543
IRS990/PYRevenuesLessExpensesAmt019319
IRS990/PYSalariesCompEmpBnftPaidAmt0162598
IRS990/PYTotalExpensesAmt0431462
IRS990/PYTotalRevenueAmt0450781
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-6060
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt081286
IRS990/SavingsAndTempCashInvstGrp/EOYAmt091000
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesNotReportedAmt05344
IRS990ScheduleD/ExpensesSubtotalAmt0457418
IRS990ScheduleD/OtherExpensesIncludedAmt05344
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0605
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt024410
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt025015
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt049155
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deferred compensation
IRS990ScheduleD/OtherRevenueAmt05344
IRS990ScheduleD/RevenueNotReportedAmt05344
IRS990ScheduleD/RevenueSubtotalAmt0451358
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Cost of sales $5344
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Cost of Sales $5344
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0605
IRS990ScheduleD/TotalExpensesPerForm990Amt0457418
IRS990ScheduleD/TotalLiabilityAmt049155
IRS990ScheduleD/TotalRevenuePerForm990Amt0451358
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0456702
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0462762
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Association also employs the wife of the president.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members are informed of the Association's activities at periodic district meetings and at the annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Members approve the actions of the Board of Directors at the annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A draft copy of the Form 990 was reviewed by the president.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4None
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Governing documents, policies, and financial statements are made available to members and other interested parties upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0150881
IRS990/TotalAssetsEOYAmt0150505
IRS990/TotalAssetsGrp/BOYAmt0150881
IRS990/TotalAssetsGrp/EOYAmt0150505
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt06160
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0457418
IRS990/TotalFunctionalExpensesGrp/TotalAmt0457418
IRS990/TotalGrossUBIAmt0152540
IRS990/TotalLiabilitiesBOYAmt081465
IRS990/TotalLiabilitiesEOYAmt087149
IRS990/TotalLiabilitiesGrp/BOYAmt081465
IRS990/TotalLiabilitiesGrp/EOYAmt087149
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt069416
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt063356
IRS990/TotalProgramServiceExpensesAmt0457418
IRS990/TotalProgramServiceRevenueAmt0113877
IRS990/TotalReportableCompFromOrgAmt087984
IRS990/TotalRevenueGrp/ExclusionAmt02414
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0290244
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0451358
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0152540
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0150881
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0150505
IRS990/TransactionWithControlEntInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.36$1.71$3.65$7.89$6.40$1.49
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.62$1.54$2.09$6.82$6.75$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.55$2.90$1.66$6.32$6.19$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.28$2.65$1.64$5.82$5.41$0.42
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.71$2.49$1.22$4.50$4.17$0.33
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.11$1.55$1.56$5.90$5.60$0.30
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$0.43$1.25$5.54$5.45$0.10
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.17$1.16$5.64$5.18$0.46
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.14$0.70$5.26$4.81$0.44
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$1.27$0.25$4.44$5.01$0.56
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.95$0.82$4.50$4.31$0.19
2013Detailed filing. Detailed filing data is available for this year.$1.51$0.87$0.63$4.51$4.57$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$0.81$0.69$4.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.13$2.63$0.50$5.02
Peer Organizations

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