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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 Texas Mutual Insurance Company

Texas Mutual Insurance Company

Fiscal year ending 2016. Filed on November 13, 2017.

6210 Us Hwy 290 East
Suite 250
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 2016 IRS Form 990 filing, Texas Mutual Insurance Company, a 501(c)(27) state-sponsored workers' compensation reinsurance organization, reported compensation for 47 out of 1,039 total employees. Among the employees shown here, the average compensation is $282,902. The highest compensated employee at Texas Mutual Insurance Company is Richard J Gergasko with fiscal year 2016 compensation of $764,490.

Revenue, expenses, and employee compensation

Revenue

$1,293,722,109

Expenses

$974,892,160

Employee compensation

$103,257,413
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Richard J Gergasko
President and Chief Executive Officer
$764,490
$667,592 No related comp$96,898
Leonard Randall Johnson
Senior Vice President Investments
$553,968
$469,990 No related comp$83,978
Perry Michael Barron
Senior Vice President and Chief Financial Officer
$527,016
$473,979 No related comp$53,037
Steven E Math
Senior Vice President Underwriting
$493,370
$425,479 No related comp$67,891
William Allen McLellan
Senior Vice President Information Technology
$481,839
$437,114 No related comp$44,725
Brenda J Ward
Senior Vice President Policyholder Services
$478,601
$411,722 No related comp$66,879
Mary B Nichols
General Counsel and Senior Vice President
$470,220
$432,171 No related comp$38,049
Terry L Frakes
Senior Vice President Public Affairs
$433,445
$397,896 No related comp$35,549
Lynette T Caldwell
Senior Vice President, Human Resources
$422,629
$351,068 No related comp$71,561
David W John
Vice President IT Infrastructure
$379,986
$301,992 No related comp$77,994
Kim Haugaard
Vice President Network and Medical Operations
$377,267
$310,424 No related comp$66,843
Terrence L Buchheit
Vice President Applications
$373,017
$326,616 No related comp$46,401

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

Contractors

Coventry Healthcare
Professional
$3,893,809
Combined Agents of America
Independent Agency
$3,689,976
Amy Wick Marketing Communications
Professional
$3,202,956
Focus Healthcare Management
Professional
$2,958,761
Graves Dougherty Herron and Moody
Professional
$1,697,872

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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