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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Chesapeake Employers' Insurance Company

Chesapeake Employers' Insurance Company

Fiscal year ending 2016. Filed on November 15, 2017.

8722 Loch Raven Boulevard
Towson, Maryland 21286

Chesapeake Employers' Insurance Company (EIN: 46-1056754) has filed an IRS Form 990 from fiscal year 2016–2022. In its fiscal year 2016 IRS Form 990 filing, Chesapeake Employers' Insurance Company, a 501(c)(27) state-sponsored workers' compensation reinsurance organization, reported compensation for 18 out of 248 total employees. Among the employees shown here, the average compensation is $221,505. The highest compensated employee at Chesapeake Employers' Insurance Company is Thomas Phelan with fiscal year 2016 compensation of $416,703.

Revenue, expenses, and employee compensation

Revenue

$345,242,021

Expenses

$263,750,095

Employee compensation

$33,523,988
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Thomas Phelan
President and Chief Executive Officer
$416,703
$377,503 No related comp$39,200
Dennis Carroll
General Counsel (TO APR '16)
$289,019
$253,215 No related comp$35,804
Paige Beck
Chief Innovation Officer (TO MAR '16)
$281,136
$227,521 No related comp$53,615
Timothy Michels
Chief Operating Officer (TO MAR '16)
$267,574
$212,926 No related comp$54,648
William Smulyan
Medical Consultant
$237,856
$220,634 No related comp$17,222
Francis Linardi
Chief Financial Officer
$228,114
$199,197 No related comp$28,917
Donna Wilson
Senior Vice President
$220,522
$177,246 No related comp$43,276
Rona Finkelstein
Senior Vice President
$217,559
$174,324 No related comp$43,235
Song Mitch He
Chief Investment Officer
$205,230
$162,377 No related comp$42,853
Paulette Lundy
Vice President
$186,992
$173,392 No related comp$13,600
Sharon Rowell
Chief Administrative Officer
$186,856
$161,077 No related comp$25,779
Stephen Fisher
Health Services Director
$185,189
$171,856 No related comp$13,333

Benchmark Employee Compensation

Non-Employee Board Members

Lewis C Powell
Director
$67,070
$28,356 No related comp$38,714
Paul V Gill
Director
$65,436
$33,233 No related comp$32,203
Suzanne Thompson
Director
$56,897
$32,957 No related comp$23,940
Joseph M Coale
Vice Chair
$48,021
$44,587 No related comp$3,434
Leonard Schuler
Director
$47,657
$37,196 No related comp$10,461
Vincent Rocky Gonzalez
Treasurer
$47,032
$44,067 No related comp$2,965
Charles H Dankmeyer Jr
Chair
$46,376
$43,062 No related comp$3,314
Wayne R Gioioso Sr
Secretary
$45,344
$42,070 No related comp$3,274
Maria Tildon
Director
$43,429
$40,315 No related comp$3,114

Contractors

Express Scripts
Medical/Health
$4,019,100
Vgm Group Inc.
Medical/Health
$2,496,863
University of MD Medical System Corp.
Medical/Health
$2,185,338
Asset Allocation & Management Company Ll
Investment
$1,165,444
Medstar-Georgetown Medical Center Inc.
Medical/Health
$973,105

Mission Statement

CHESAPEAKE EMPLOYERS' INSURANCE COMPANY WAS ESTABLISHED BY STATUTE TO BE THE WORKERS' COMPENSATION INSURER OF LAST RESORT AS WELL AS A COMPETITIVE INSURER IN THE STATE OF MARYLAND.

Revisions to this organization profile

April 15, 2024:
2022 Chesapeake Employers' Insurance Company 990 filed
November 9, 2022:
2021 Chesapeake Employers' Insurance Company 990 filed
November 12, 2021:
2020 Chesapeake Employers' Insurance Company 990 filed

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