Wisconsin Insurance Alliance
- Assets
- $1.3m
- Revenue
- $1.2m
- Investments
- $574.2k
- Employees
- 2
- Location
- Madison, WI
- Founding
- 10/1944
- Data as of
- 12/2021
- EIN
- 39-0714210
Organization Overview
Wisconsin Insurance Alliance is located in Madison, WI. The organization was established in 1944. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Wisconsin Insurance Alliance employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin Insurance Alliance is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Wisconsin Insurance Alliance generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Wisconsin Insurance Alliance has awarded 43 individual grants totaling $1,861,548. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE WISCONSIN INSURANCE ALLIANCE (WIA) IS A STATE TRADE ASSOCIATION OF PROPERTY AND CASUALTY INSURANCE COMPANIES. THE WIA IS THE PRIMARY SPOKESPERSON FOR THE PROPERTY AND CASUALTY INSURANCE INDUSTRY IN WISCONSIN WITH THE LEGISLATURE, EXECUTIVE BRANCH, OFFICE OF COMMISSIONER OF INSURANCE (OCI), AND THE MEDIA. THE WIA WORKS IN CONJUNCTION WITH THE NATIONAL INSURANCE TRADES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WIA HAS AN ACTIVE PUBLIC INFORMATION PROGRAM. NEWS RELEASES ARE REGULARLY DISTRIBUTED TO WISCONSIN MEDIA, AND THAT COMMITTEE COORDINATES OTHER OUTREACH DEALING WITH THE MEDIA AND PUBLIC INFORMATION.
THE LEGISLATIVE FUNCTIONS OF THE WIA INCLUDE FULL TIME REPRESENTATION BY A LEGISLATIVE COUNSEL IN MADISON, APPEARANCES AT HEARINGS, AND DRAFTING OF BILLS AND AMENDMENTS AS APPROPRIATE. MEMBERS RECEIVE WEEKLY LEGISLATIVE BULLETINS DURING THE LEGISLATIVE SESSION AS PART OF THE WIA'S ENDEAVOR TO KEEP MEMBERS ADVISED OF WHAT'S HAPPENING IN THE LEGISLATIVE PROCESS AND TO SOLICIT THEIR INPUT AND ASSISTANCE.
THE WIA'S AMICUS CURIAE COMMITTEE MONITORS ALL APPELLATE CASE LAW AND SEEKS TO BECOME INVOLVED WHERE THERE ARE MATTERS OF INTEREST TO THE PROPERTY AND CASUALTY INSURANCE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Franken President | Officer | 40 | $306,262 |
Kristine Burck Chairperson | OfficerTrustee | 0.5 | $0 |
Kathy Bubeck Secretary/treasurer | OfficerTrustee | 0.5 | $0 |
Justin Arnold Vice-Chair | OfficerTrustee | 0.5 | $0 |
Jessie Stauffacher Director | Trustee | 0.5 | $0 |
Brian Grill Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $1,141,286 |
| Investment income | $15,780 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,162,066 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $178,744 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $353,410 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $84,210 |
| Pension plan accruals and contributions | $7,283 |
| Other employee benefits | $17,433 |
| Payroll taxes | $19,598 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $190,885 |
| Fees for services: Accounting | $7,423 |
| Fees for services: Lobbying | $123,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,754 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $11,651 |
| Information technology | $2,558 |
| Royalties | $0 |
| Occupancy | $62,455 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $229 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,629 |
| Insurance | $4,452 |
| All other expenses | $2,399 |
| Total functional expenses | $1,155,424 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,081 |
| Savings and temporary cash investments | $662,523 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $20,715 |
| Net Land, buildings, and equipment | $5,811 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $574,168 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $745 |
| Total assets | $1,327,043 |
| Accounts payable and accrued expenses | $46,647 |
| Grants payable | $0 |
| Deferred revenue | $515,007 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $561,654 |
| Net assets without donor restrictions | $765,389 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,327,043 |
Grants Awarded
Over the last fiscal year, Wisconsin Insurance Alliance has awarded $176,076 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
JOBS FIRST COALITION INC PURPOSE: ISSUES ADVOCACY ACTIVITIES | $75,000 |
REPUBLICAN STATE LEADERSHIP COMMITTEE PURPOSE: STATE POLITICAL CONTRIBUTIONS | $50,000 |
COMMUNITY INSURANCE INFORMATION CENTER PURPOSE: GENERAL SUPPORT | $14,076 |
REPUBLICAN ASSEMBLY CAMPAIGN COMMITTEE PURPOSE: STATE POLITICAL CONTRIBUTIONS | $12,000 |
COMMITTEE TO ELECT A REPUBLICAN SENATE PURPOSE: STATE POLITICAL CONTRIBUTIONS | $10,500 |
ASSEMBLY DEMOCRATIC CAMPAIGN COMMITTEE PURPOSE: STATE POLITICAL CONTRIBUTIONS | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ua Local 190 Health And Welfare Plan And Tr Bingham Farms, MI | $31,731,480 | $19,592,093 |
St Anthony's Med Cnt Prof & Gen Liab Milwaukee, WI | $0 | $2,384,132 |
Illinois Insurance Guaranty Fund Chicago, IL | $161,417,885 | $26,320,531 |
Healthalliance Benefit Plan Urbandale, IA | $4,354,956 | $14,851,406 |
Roofers Local 149 Security Benefit Trust Fund Troy, MI | $18,107,523 | $12,731,786 |
Clara Abbott Foundation Abbott Park, IL | $224,191,754 | $3,270,470 |
Line Clearance Contractors Health & Welfare Fund Lansing, MI | $38,290,226 | $13,603,170 |
Twin City Sprinkler Fitters Health Care Plan Minneapolis, MN | $17,391,884 | $12,071,213 |
Katten Muchin Rosenman Llp Employees Welfare Benefit Plan Tr Chicago, IL | $4,093,448 | $12,724,208 |
Nonprofit Insurance Trust Lakeville, MN | $40,064,568 | $18,458,548 |
Komatsu America Corp Retiree Welfare Noncollectively Bargained Chicago, IL | $37,989,668 | $6,516,658 |
Buddig Employees Welfare Benefit Plan And Trust Homewood, IL | $1,411,169 | $11,307,142 |