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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 2017. Filed on October 10, 2018.

2200 Aldrich Street
Suite 1105 609
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 2017 IRS Form 990 filing, Texas Mutual Insurance Company, a 501(c)(27) state-sponsored workers' compensation reinsurance organization, reported compensation for 43 out of 1,065 total employees. Among the employees shown here, the average compensation is $293,069. The highest compensated employee at Texas Mutual Insurance Company is Richard J Gergasko with fiscal year 2017 compensation of $887,925.

Revenue, expenses, and employee compensation

Revenue

$1,334,427,425

Expenses

$1,102,241,054

Employee compensation

$107,362,669
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Richard J Gergasko
President and Chief Executive Officer
$887,925
$784,977 No related comp$102,948
Leonard Randall Johnson
Senior Vice President Investments
$515,534
$439,360 No related comp$76,174
Perry Michael Barron
Senior Vice President and Chief Financial Officer
$505,504
$445,090 No related comp$60,414
William Allen McLellan
Senior Vice President Information Technology
$477,712
$427,670 No related comp$50,042
Steven E Math
Senior Vice President Underwriting
$476,238
$407,359 No related comp$68,879
Mary B Nichols
General Counsel and Senior Vice President
$463,852
$423,282 No related comp$40,570
Brenda J Ward
Senior Vice President Policyholder Services
$454,156
$384,209 No related comp$69,947
Terry L Frakes
Senior Vice President Public Affairs
$416,247
$378,177 No related comp$38,070
Lynette T Caldwell
Senior Vice President, Human Resources
$406,893
$329,873 No related comp$77,020
Billy A Jackson
Vice President, Regional Operations
$368,803
$305,119 No related comp$63,684
David W John
Vice President IT Infrastructure
$367,372
$282,130 No related comp$85,242
Kim Haugaard
Vice President Network and Medical Operations
$359,452
$288,687 No related comp$70,765

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

Contractors

Amy Wick Marketing Communication
Professional
$3,802,865
Coventry Healthcare Workers CO
Professional
$3,148,857
Combined Agents of America
Independent Agency
$2,618,653
Focus Healthcare Management Inc.
Professional
$2,502,862
John L Wortham & Son Lp
Independent Agency
$2,365,253

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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