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.
Executive compensation, broken down
Form 990 · Schedule J · 20 reported individuals · Filing year 2023
President & CEO
$473k
$517k
- Base
- $336k
- Bonus
- —
- Other
- $15k
- Benefits
- $43k
VP of Operations/corp Secretry
vice president
$429k
$468k
- Base
- $216k
- Bonus
- —
- Other
- $23k
- Benefits
- $34k
VP & Actuary
vice president
$303k
$331k
- Base
- $254k
- Bonus
- —
- Other
- —
- Benefits
- $27k
Actuary
highest compensated employee
$297k
$324k
- Base
- $205k
- Bonus
- —
- Other
- —
- Benefits
- $19k
VP & CFO Treasurer
$295k
$323k
- Base
- $205k
- Bonus
- —
- Other
- —
- Benefits
- $36k
VP of Claims and Injury Mgmt
vice president
$283k
$309k
- Base
- $164k
- Bonus
- —
- Other
- —
- Benefits
- $43k
VP IT & Security Officer
vice president
$203k
$222k
- Base
- $152k
- Bonus
- —
- Other
- $10k
- Benefits
- $22k
Business Sys Analyst V
highest compensated employee
$173k
$189k
- Base
- $127k
- Bonus
- —
- Other
- —
- Benefits
- $24k
Membership Audit Supervisor
highest compensated employee
$151k
$165k
- Base
- $120k
- Bonus
- —
- Other
- —
- Benefits
- $2k
Director
board member
$12k
$13k
Director
board member
$11k
$12k
Director
board member
$11k
$12k
Director
board member
$9k
$10k
Director
board member
$9k
$9k
Director
board member
$8k
$9k
Director
board member
$8k
$8k
Director
board member
$8k
$8k
Director
board member
$7k
$8k
Director
board member
$7k
$8k
Director (as of 03/23)
board member
$6k
$6k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO | $336k | — | $15k | $43k | $473k $517k |
VP of Operations/corp Secretry vice president | $216k | — | $23k | $34k | $429k $468k |
VP & Actuary vice president | $254k | — | — | $27k | $303k $331k |
Actuary highest compensated employee | $205k | — | — | $19k | $297k $324k |
VP & CFO Treasurer | $205k | — | — | $36k | $295k $323k |
VP of Claims and Injury Mgmt vice president | $164k | — | — | $43k | $283k $309k |
VP IT & Security Officer vice president | $152k | — | $10k | $22k | $203k $222k |
Business Sys Analyst V highest compensated employee | $127k | — | — | $24k | $173k $189k |
Membership Audit Supervisor highest compensated employee | $120k | — | — | $2k | $151k $165k |
Director board member | — | — | — | — | $12k $13k |
Director board member | — | — | — | — | $11k $12k |
Director board member | — | — | — | — | $11k $12k |
Director board member | — | — | — | — | $9k $10k |
Director board member | — | — | — | — | $9k $9k |
Director board member | — | — | — | — | $8k $9k |
Director board member | — | — | — | — | $8k $8k |
Director board member | — | — | — | — | $8k $8k |
Director board member | — | — | — | — | $7k $8k |
Director board member | — | — | — | — | $7k $8k |
Director (as of 03/23) board member | — | — | — | — | $6k $6k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 2 unpaid individuals.
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