Texas Mutual Insurance Company

Fiscal year ending 2024. Filed on November 12, 2025.

2200 Aldrich Street
Bldg M100
Austin, Texas 78723

Texas Mutual Insurance Company (EIN: 74-2615873) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Texas Mutual Insurance Company, a 501(c)(27) state-sponsored workers' compensation reinsurance organization, reported compensation for 46 out of 1,102 total employees. Among the employees shown here, the average compensation is $502,183. The highest compensated employee at Texas Mutual Insurance Company is Brenda Ward with fiscal year 2024 compensation of $1,716,743.

Revenue, expenses, and employee compensation

Revenue

$1,532,187,813

Expenses

$1,316,092,367

Employee compensation

$171,809,594
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Non-Employee Board Members

No board members were reported during this fiscal year.

Mission Statement

Established by Texas statute to provide a stable, competitive source of workers' compensation insurance for Texas employers, acts as an insurer of last resort, and helps to prevent on-the-job injuries and illnesses and minimize their consequences.

Revisions to this organization profile

November 12, 2025:
2024 Texas Mutual Insurance Company 990 filed
November 14, 2024:
2023 Texas Mutual Insurance Company 990 filed
November 1, 2023:
2022 Texas Mutual Insurance Company 990 filed

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