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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 Insurance Security Fund

Insurance Security Fund

Fiscal year ending 2023. Filed on April 26, 2024.

2820 Walton Commons Lane Apt 135
Madison, Wisconsin 53718

Insurance Security Fund (EIN: 23-7365644), also known as Wisconsin Insurance Security Fund, has filed an IRS Form 990 between fiscal years 2020 and 2023. In its fiscal year 2023 IRS Form 990 filing, Insurance Security Fund, a 501(c)(6) business league, reported compensation for 2 out of 7 total employees. Among the employees shown here, the average compensation is $182,558. The highest compensated employee at Insurance Security Fund is Allan Patek with fiscal year 2023 compensation of $229,977.

Revenue, expenses, and employee compensation

Revenue

$2,808,132

Expenses

$4,209,454

Employee compensation

$618,151
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Allan Patek
Executive Director
$229,977
$229,977 No related compNo other comp
Theresa Wedekind
Associate Director Operations Finance
$135,139
$135,139 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Bryce Tolefree Board Member
American Family Insurance, Madison WI
Christine Senty Board Member
Quartz, Sauk City WI
Dawn Lemke Board Member
Church Mutual Ins, Merrill WI
George E Burleton II Board Member
Humana, Green Bay WI
Gwendolyn Cooley Board Member
Assistant Attorney General, Madison WI
Heather Boyer Board Member
Society Insurance, Fond Du Lac, WI
John Leiber Board Member
WI State Treasurer, Madison WI
John Wesley Warren Board Member
Northwestern Mutual Life Ins, Milwaukee WI
Joseph Decker Board Member
QBE, Sun Prairie WI
Michael Tobin Board Member
New York Life Ins Co, New York NY
Nathan Houdek Board Member
Commissioner of Insurance, Madison WI
Peter Farrow Board Member
Group Health Cooperative, Eau Claire WI

Mission Statement

The Insurance Security Fund has one mission, accomplished through one program to maintain public confidence in the promises of insurers by providing a mechanism for protecting insureds from loss in the event of liquidation of insurers and to provide continuation of protection under insurance policies as specified by Wisconsin State Statutes.

Revisions to this organization profile

April 26, 2024:
2023 Insurance Security Fund 990 filed
May 8, 2023:
2022 Insurance Security Fund 990 filed
May 3, 2022:
2021 Insurance Security Fund 990 filed

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