Civic Intelligence

Wisconsin Association of Mutual Insurance Companies Inc

990 • Fiscal year 2014 • EIN 39-1140747

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 10, 2015

7203 Gene Street Ste ADE Forest, WI 53532

(608) 846-7203

Siviq Scores

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

Liabilities / Assets

91st percentile

0.54x

Higher debt load relative to assets than 91% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

85th percentile

0.21x

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

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Net Margin

54th percentile

4.1%

Higher net margin than 54% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Top Officer Pay

95th percentile

$85,462

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 19.0% of source-year revenue.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Asset Growth

73rd percentile

18%

Faster asset growth than 73% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

45th percentile

-0.4%

Faster revenue growth than 45% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$176,883

Up $26,378 (+18%) from 2013

Net Assets

Up

$81,879

Up $18,523 (+29%) from 2013

Liabilities

Up

$95,004

Up $7,855 (+9.0%) from 2013

Revenue

Down

$449,726

Down $1,632 (-0.4%) from 2013

Expenses

Down

$431,203

Down $26,215 (-5.7%) from 2013

Net Income

Up

$18,523

Up $24,583 (+406%) from 2013

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

2014

Assets$176,883
Liabilities$95,004
Net Assets$81,879

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

2014

Revenue$449,726
Expenses$431,203
Net Income$18,523
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 10, 2015
Return Version
2014v5.0
Gross Receipts
$454,635
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
Cash and Non-Interest-Bearing Accounts$43,854$65,965▲ $22,111
Investments in Publicly Traded Securities$44,410$52,705▲ $8,295
Savings and Temporary Cash Investments$46,590$48,088▲ $1,498
Prepaid Expenses and Deferred Charges$4,309$4,052▼ $257
Inventories for Sale or Use$4,084$2,651▼ $1,433
Accounts Receivable$56$876▲ $820
Land, Buildings, and Equipment, Net$605$301▼ $304
Total Assets$150,505$176,883▲ $26,378
Other Assets Total$6,597$2,245▼ $4,352
Liabilities
Other Liabilities$84,002$93,430▲ $9,428
Accounts Payable and Accrued Expenses$3,147$1,574▼ $1,573
Total Liabilities$87,149$95,004▲ $7,855
Net Assets / Fund Balance
Unrestricted Net Assets$63,356$81,879▲ $18,523
Total Net Assets Fund Balance$63,356$81,879▲ $18,523
Total Liabilities and Net Assets / Fund Balance$150,505$176,883▲ $26,378

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$301$24,714$25,015
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jim TlustyPresidentFT$85,462$85,462
Pat LawsPast Chairma-$1,500$1,500
Judy BickelDirector-$500$500

Board Members and Trustees

NameTitle
Gregg WestigardChairman
April TarrasFormer Chair
Charles SchriberDirector
Denis FuerstenbergDirector
Sandra SeifertDirector
Penny BoyleSecretary-tr
Gary KrumenauerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$2,400
Program Service Revenue
$101,758
Investment Income
$2,467
Other Revenue
$343,101
All Other Contributions
$2,400
Change in Net Assets
$18,523

Audited Revenue Reconciliation

Revenue per Audited Statements
$449,726
Total Revenue per Audited Statements
$449,726
Total Revenue per Form 990
$449,726
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$276,353
Salaries, Compensation, and Employee Benefits$154,850
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$87,462--$87,462
Other Salaries and Wages$33,813--$33,813
Conferences and Meetings$21,686--$21,686
Other Employee Benefits$13,547--$13,547
Other Expenses$13,501--$13,501
All Other Expenses$11,626--$11,626
Pension Plan Contributions$10,991--$10,991
Occupancy$10,400--$10,400
Payroll Taxes$9,037--$9,037
Office Expenses$8,871--$8,871
Fees for Services Accounting$6,656--$6,656
Insurance$5,427--$5,427
Fees for Services Other$4,390--$4,390
Travel$2,699--$2,699
Information Technology$953--$953
Total Functional Expenses$431,203$0$0$431,203

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$431,203
Total Expenses per Audited Statements$431,203
Total Expenses per Form 990$431,203
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation$56,646
Accrued Payroll and Benefits$36,784
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 6

Members elect the board of directors at the annual meeting.

Form 990, Page 6, Part VI, Line 7A

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

Form 990, Page 6, Part VI, Line 7B

Members approve the actions of the board of directors at the annual meetin g.

Form 990, Page 6, Part VI, Line 11B

The forms 990 and 990t are reviewed by the president before it is signed.

Form 990, Page 6, Part VI, Line 12C

No conflicts of interest have been discovered.

Form 990, Page 6, Part VI, Line 15A

Compensation of the president is determined by the board of directors without the president's direct involvement.

Form 990, Page 6, Part VI, Line 15B

Compensation of the officers of the organization is determined by the board of directors. Compensation of the employees, excluding the president, is determined by the president.

Form 990, Page 6, Part VI, Line 19

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

Filing and Contact Details

Filer

Filer Name
Wisconsin Association
EIN
39-1140747
Phone
6088467203
Address
7203 GENE STREET STE A, DE FOREST, WI 53532

Signing Officer

Name
James Tlusty
Title
President
Phone
6088467203
Signed
2015-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Tlusty
Formed
1949
Legal Domicile
Wi
Voting Board Members
8
Independent Board Members
8
Employees
2

Preparer

Firm
Erickson & Associates Sc
Address
1000 WEST COLLEGE AVE, APPLETON, WI 54914
Preparer
Randall F Koch
Phone
9207334957
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PYContributionsGrantsAmt06160
IRS990/PYInvestmentIncomeAmt02414
IRS990/PYOtherExpensesAmt0279110
IRS990/PYOtherRevenueAmt0328907
IRS990/PYProgramServiceRevenueAmt0113877
IRS990/PYRevenuesLessExpensesAmt0-6060
IRS990/PYSalariesCompEmpBnftPaidAmt0178308
IRS990/PYTotalExpensesAmt0457418
IRS990/PYTotalRevenueAmt0451358
IRS990/ReconcilationRevenueExpnssAmt018523
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt046590
IRS990/SavingsAndTempCashInvstGrp/EOYAmt048088
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0301
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024714
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt025015
IRS990ScheduleD/ExpensesSubtotalAmt0431203
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt056646
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt136784
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED COMPENSATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED PAYROLL AND BENEFITS
IRS990ScheduleD/RevenueSubtotalAmt0449726
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0301
IRS990ScheduleD/TotalExpensesPerForm990Amt0431203
IRS990ScheduleD/TotalLiabilityAmt093430
IRS990ScheduleD/TotalRevenuePerForm990Amt0449726
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0449726
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0431203
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING.
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 MEETIN G.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORMS 990 AND 990T ARE REVIEWED BY THE PRESIDENT BEFORE IT IS SIGNED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CONFLICTS OF INTEREST HAVE BEEN DISCOVERED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION OF THE PRESIDENT IS DETERMINED BY THE BOARD OF DIRECTORS WITHOUT THE PRESIDENT'S DIRECT INVOLVEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPENSATION OF THE OFFICERS OF THE ORGANIZATION IS DETERMINED BY THE BOARD OF DIRECTORS. COMPENSATION OF THE EMPLOYEES, EXCLUDING THE PRESIDENT, IS DETERMINED BY THE PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO MEMBERS AND OTHER INTERESTED PARTIES UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0150505
IRS990/TotalAssetsEOYAmt0176883
IRS990/TotalAssetsGrp/BOYAmt0150505
IRS990/TotalAssetsGrp/EOYAmt0176883
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02400
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0431203
IRS990/TotalFunctionalExpensesGrp/TotalAmt0431203
IRS990/TotalGrossUBIAmt0156065
IRS990/TotalLiabilitiesBOYAmt087149
IRS990/TotalLiabilitiesEOYAmt095004
IRS990/TotalLiabilitiesGrp/BOYAmt087149
IRS990/TotalLiabilitiesGrp/EOYAmt095004
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt063356
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt081879
IRS990/TotalProgramServiceExpensesAmt0431203
IRS990/TotalProgramServiceRevenueAmt0101758
IRS990/TotalReportableCompFromOrgAmt087462
IRS990/TotalRevenueGrp/ExclusionAmt02467
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0288794
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0449726
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0156065
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0150505
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0176883
IRS990/TravelGrp/ProgramServicesAmt02699
IRS990/TravelGrp/TotalAmt02699
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt063356
IRS990/UnrestrictedNetAssetsGrp/EOYAmt081879
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07203 GENE STREET STE A
IRS990/USAddress/CityNm0DE FOREST
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd053532
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.WAMIC.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES TLUSTY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06088467203
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WISCONSIN ASSOCIATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0OF MUTUAL INSURANCE COMPANIES INC
ReturnHeader/Filer/BusinessNameControlTxt0WISC
ReturnHeader/Filer/EIN0391140747
ReturnHeader/Filer/PhoneNum06088467203
ReturnHeader/Filer/USAddress/AddressLine1Txt07203 GENE STREET STE A
ReturnHeader/Filer/USAddress/CityNm0DE FOREST
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053532
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0391520996
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ERICKSON & ASSOCIATES SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01000 WEST COLLEGE AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0APPLETON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd054914
ReturnHeader/PreparerPersonGrp/PhoneNum09207334957
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RANDALL F KOCH
ReturnHeader/ReturnTs02015-11-12T15:53:04-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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
2014Detailed filing. Detailed filing data is available for this year.$1.77$0.95$0.82$4.50$4.31$0.19
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)6 • <$500k nonprofits