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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 2018. Filed on November 5, 2019.

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 2018 IRS Form 990 filing, Texas Mutual Insurance Company, a 501(c)(27) state-sponsored workers' compensation reinsurance organization, reported compensation for 45 out of 1,093 total employees. Among the employees shown here, the average compensation is $307,126. The highest compensated employee at Texas Mutual Insurance Company is Richard Gergasko with fiscal year 2018 compensation of $1,020,446.

Revenue, expenses, and employee compensation

Revenue

$1,417,228,021

Expenses

$1,231,815,865

Employee compensation

$119,464,785
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Richard Gergasko
President and Chief Executive Officer
$1,020,446
$898,264 No related comp$122,182
Leonard Johnson
Senior Vice President Investments
$545,842
$469,675 No related comp$76,167
Perry Barron
Senior Vice President and Chief Financial Officer
$531,298
$477,017 No related comp$54,281
Brenda Ward
Chief Operating Officer
$509,762
$439,807 No related comp$69,955
William McLellan
Senior Vice President Information Technology
$501,650
$456,695 No related comp$44,955
Mary Nichols
General Counsel and Senior Vice President
$499,902
$461,959 No related comp$37,943
Steven Math
Senior Vice President Underwriting
$497,545
$429,515 No related comp$68,030
Lynette Caldwell
Senior Vice President, Human Resources
$432,531
$353,853 No related comp$78,678
Kim Haugaard
Senior Vice President Policyholder Services
$393,316
$329,752 No related comp$63,564
David John
Vice President IT Infrastructure
$380,920
$298,044 No related comp$82,876
Barbara Drollinger
Vice President, Regional Operations
$373,211
$328,104 No related comp$45,107
Martin Leifker
Vice President IT Architecture and Digital Innovation
$364,007
$282,267 No related comp$81,740

Benchmark Employee Compensation

Non-Employee Board Members

Jay L Eisen
Director
$14,750
$14,750 No related compNo other comp

Contractors

Amy Wick Marketing Communication
Professional
$3,724,311
Dell Financial Services Lp
Professional
$3,573,959
Coventry Healthcare Workers CO
Professional
$2,901,427
Lion Industrial Trust
Professional Serivces
$2,827,009
Combined Agents of America
Independent Agency
$2,121,058

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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