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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 2019. Filed on November 12, 2020.

2200 Aldrich Street
Suite 104
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 2019 IRS Form 990 filing, Texas Mutual Insurance Company, a 501(c)(27) state-sponsored workers' compensation reinsurance organization, reported compensation for 48 out of 1,095 total employees. Among the employees shown here, the average compensation is $318,168. The highest compensated employee at Texas Mutual Insurance Company is Richard Gergasko with fiscal year 2019 compensation of $1,130,993.

Revenue, expenses, and employee compensation

Revenue

$1,394,588,110

Expenses

$1,176,764,127

Employee compensation

$126,787,656
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Richard Gergasko
President and Chief Executive Officer
$1,130,993
$996,264 No related comp$134,729
Brenda Ward
Chief Operating Officer
$612,632
$532,201 No related comp$80,431
Leonard Johnson
Senior Vice President Investments
$591,848
$508,453 No related comp$83,395
William McLellan
Senior Vice President Information Technology
$591,240
$548,189 No related comp$43,051
Perry Barron
Senior Vice President and Chief Financial Officer
$562,785
$511,359 No related comp$51,426
Mary Nichols
Senior Vice President and General Counsel
$541,252
$499,664 No related comp$41,588
Lynette Caldwell
Senior Vice President, Human Resources
$472,619
$386,880 No related comp$85,739
Kim Haugaard
Senior Vice President Policyholder Services
$457,796
$385,288 No related comp$72,508
Michael Hernandez
Chief Data Officer
$448,437
$386,280 No related comp$62,157
Jo Betsy Norton
Senior Vice President Public Affairs
$414,444
$338,157 No related comp$76,287
David John
Vice President IT Infrastructure
$412,222
$322,718 No related comp$89,504
Martin Leifker
Vice President IT Architecture and Digital Innovation
$400,084
$312,210 No related comp$87,874

Benchmark Employee Compensation

Non-Employee Board Members

Brett Flagg
Director
$41,500
$41,500 No related compNo other comp
Steven Dudley Oldham
Director
$35,500
$35,500 No related compNo other comp

Contractors

Amy Wick Marketing Communication
Professional
$4,396,355
Dell Financial Services Lp
Professional
$3,650,289
Rulesware LLC
Professional
$3,244,096
Combined Agents of America
Independent Agency
$3,128,145
Coventry Healthcare Workers CO
Professional
$2,824,951

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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