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WORKERS' COMPENSATION REINSURANCE ASSOCIATION

EIN: 41-1357750St Paul, MNZIP: 551012026
501(c)(27)

Mission

THE WCRA ENSURES THE AVAILABILITY OF LONGTERM REINSURANCE PROTECTION FOR SERIOUS MINNESOTA WORKERS' COMPENSATION CLAIMS. OUR STAFF OF INNOVATIVE PROFESSIONALS IS DEDICATED TO ACHIEVING THE HIGHEST STANDARD OF EXCELLENCE THROUGH STABLE AND REASONABLE RATES, EXPERT CLAIMS ADMINISTRATION, FINANCIAL STABILITY, AND INFORMATIONAL SERVICES.

Financials

YearRevenueExpensesAssets
2023$188.2M$0$3.5B

Compensation

JAMES HEER
President & CEO
chief executive officer
$335,549
$0
$14,500
$473,065
CYNTHIA SMITH
Vp of Operations/Corp Secretry
vice president
$215,678
$0
$22,500
$428,530
ALISON KHAN
Vp & Actuary
vice president
$254,134
$0
$0
$302,577
TONY TIO
Actuary
highest compensated employee
$205,309
$0
$0
$296,776
DAVE MCKEE
Vp & CFO Treasurer
chief financial officer
$204,683
$0
$0
$295,221
NATALIE HAEFNER
Vp of Claims and Injury Mgmt
vice president
$163,789
$0
$0
$283,003
DANIEL LOVHAUG
Vp IT & Security Officer
vice president
$151,906
$0
$10,000
$202,886
RAY MULARIE
Business Sys Analyst V
highest compensated employee
$127,190
$0
$0
$173,270
PETER FOLEY
Membership Audit Supervisor
highest compensated employee
$120,277
$0
$0
$150,687
JAMES OUKROP
Director
board member
$0
$0
$0
$11,500
WILLIAM MCCARTHY
Director
board member
$0
$0
$0
$10,750
KENNETH PETERSON
Director
board member
$0
$0
$0
$10,750
ALLISON WAGGONER
Director
board member
$0
$0
$0
$9,250
EDWARD REYNOSO
Director
board member
$0
$0
$0
$8,500
TERRENCE MILLER
Director
board member
$0
$0
$0
$7,950
DANIEL GREENSWEIG
Director
board member
$0
$0
$0
$7,750
SAMUEL NOLLEY
Director
board member
$0
$0
$0
$7,750
RICHARD LONG
Director
board member
$0
$0
$0
$7,000
SHEILA BROWN
Director
board member
$0
$0
$0
$7,000
JEAN MACHART
Director (As of 03/23)
board member
$0
$0
$0
$5,500
PAUL MOORE
Director
board member
$0
$0
$0
$0
JILL SCHURTZ
Director
board member
$0
$0
$0
$0

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Learn more

Data from IRS Form 990 filings (2023).