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Nonprofiteer
← TEXAS MUTUAL INSURANCE COMPANY

Form 990 for tax year 2023

Filed by TEXAS MUTUAL INSURANCE COMPANY.

Totals

Total revenue
$1,386,324,608
Total expenses
$1,285,388,595
Contributions and grants received
$0
Grants paid
$15,009,450
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$0

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Brenda Ward

    President & CEO

    Total calculated
    $1,185,085
    From this org
    $1,044,088
    From related orgs
    $0
    Other
    $140,997
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $660,806
    Bonus
    $312,349
    Other
    $70,933
    Deferred
    $131,625
    Nontaxable benefits
    $9,372
    Filer's total
    $1,185,085

  • Richard Gergasko

    President & CEO

    Total calculated
    $1,113,966
    From this org
    $1,037,694
    From related orgs
    $50,000
    Other
    $26,272
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $197,540 + $50,000 related
    Bonus
    $0
    Other
    $840,154
    Deferred
    $21,410
    Nontaxable benefits
    $4,862
    Filer's total
    $1,063,966 + $50,000 related

  • Michael Hernandez

    Chief Data Officer

    Total calculated
    $872,076
    From this org
    $767,523
    From related orgs
    $0
    Other
    $104,553
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $390,863
    Bonus
    $169,645
    Other
    $207,015
    Deferred
    $82,555
    Nontaxable benefits
    $21,998
    Filer's total
    $872,076

  • Leonard Johnson

    SVP Investments

    Total calculated
    $847,032
    From this org
    $794,541
    From related orgs
    $0
    Other
    $52,491
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $491,302
    Bonus
    $202,566
    Other
    $100,673
    Deferred
    $39,792
    Nontaxable benefits
    $12,699
    Filer's total
    $847,032

  • Willard Potter

    SVP & CFO

    Total calculated
    $795,832
    From this org
    $682,776
    From related orgs
    $0
    Other
    $113,056
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $474,614
    Bonus
    $183,539
    Other
    $24,623
    Deferred
    $84,358
    Nontaxable benefits
    $28,698
    Filer's total
    $795,832

  • Paul Schlaud

    SVP Enterprise Affairs & General Counsel

    Total calculated
    $721,838
    From this org
    $621,026
    From related orgs
    $0
    Other
    $100,812
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $435,493
    Bonus
    $174,830
    Other
    $10,702
    Deferred
    $71,788
    Nontaxable benefits
    $29,024
    Filer's total
    $721,837

  • Kim Haugaard

    SVP Policyholder Services

    Total calculated
    $650,354
    From this org
    $542,533
    From related orgs
    $0
    Other
    $107,821
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $345,361
    Bonus
    $146,271
    Other
    $50,902
    Deferred
    $95,399
    Nontaxable benefits
    $12,422
    Filer's total
    $650,355

  • Jeffrey Lentz

    SVP Underwriting

    Total calculated
    $648,120
    From this org
    $524,506
    From related orgs
    $0
    Other
    $123,614
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $330,341
    Bonus
    $140,773
    Other
    $53,391
    Deferred
    $92,705
    Nontaxable benefits
    $30,909
    Filer's total
    $648,119

  • Jeannette Sprague

    SVP & Chief Information Officer

    Total calculated
    $645,589
    From this org
    $577,938
    From related orgs
    $0
    Other
    $67,651
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $377,326
    Bonus
    $117,405
    Other
    $83,207
    Deferred
    $39,792
    Nontaxable benefits
    $27,859
    Filer's total
    $645,589

  • Lawrence Martin

    SVP Human Resources

    Total calculated
    $625,659
    From this org
    $524,182
    From related orgs
    $0
    Other
    $101,477
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $339,914
    Bonus
    $141,398
    Other
    $42,870
    Deferred
    $91,105
    Nontaxable benefits
    $10,372
    Filer's total
    $625,659

  • Jo Betsy Norton

    SVP Public Affairs

    Total calculated
    $602,119
    From this org
    $549,905
    From related orgs
    $0
    Other
    $52,214
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $336,151
    Bonus
    $141,562
    Other
    $72,193
    Deferred
    $39,792
    Nontaxable benefits
    $12,422
    Filer's total
    $602,120

  • David John

    VP IT Infrastructure

    Total calculated
    $535,675
    From this org
    $425,393
    From related orgs
    $0
    Other
    $110,282
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $284,856
    Bonus
    $92,119
    Other
    $48,418
    Deferred
    $82,610
    Nontaxable benefits
    $27,672
    Filer's total
    $535,675

  • Elise Teeter

    SVP & General Auditor

    Total calculated
    $534,858
    From this org
    $446,803
    From related orgs
    $0
    Other
    $88,055
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $284,605
    Bonus
    $122,741
    Other
    $39,458
    Deferred
    $70,859
    Nontaxable benefits
    $17,196
    Filer's total
    $534,859

  • Nathan Scott

    VP Investments

    Total calculated
    $517,631
    From this org
    $419,836
    From related orgs
    $0
    Other
    $97,795
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $294,458
    Bonus
    $91,811
    Other
    $33,567
    Deferred
    $67,721
    Nontaxable benefits
    $30,074
    Filer's total
    $517,631

  • Phoebe Murphy

    VP & Chief Actuary, Enterprise Analytics

    Total calculated
    $501,561
    From this org
    $413,106
    From related orgs
    $0
    Other
    $88,455
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $278,783
    Bonus
    $89,603
    Other
    $44,721
    Deferred
    $74,483
    Nontaxable benefits
    $13,972
    Filer's total
    $501,562

  • Erica Sanchez

    VP & Controller

    Total calculated
    $485,819
    From this org
    $395,003
    From related orgs
    $0
    Other
    $90,816
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $264,766
    Bonus
    $82,914
    Other
    $47,324
    Deferred
    $71,620
    Nontaxable benefits
    $19,196
    Filer's total
    $485,820

  • Edward Coates

    VP HR Employee Services

    Total calculated
    $485,158
    From this org
    $379,053
    From related orgs
    $0
    Other
    $106,105
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $267,747
    Bonus
    $75,260
    Other
    $36,045
    Deferred
    $76,031
    Nontaxable benefits
    $30,074
    Filer's total
    $485,157

  • Richard Dabney

    VP Corporate Underwriting

    Total calculated
    $483,757
    From this org
    $384,120
    From related orgs
    $0
    Other
    $99,637
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $273,171
    Bonus
    $74,758
    Other
    $36,191
    Deferred
    $69,563
    Nontaxable benefits
    $30,074
    Filer's total
    $483,757

  • Shannon Pounds

    VP & Associate General Counsel

    Total calculated
    $478,934
    From this org
    $396,173
    From related orgs
    $0
    Other
    $82,761
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $280,300
    Bonus
    $84,605
    Other
    $31,267
    Deferred
    $65,565
    Nontaxable benefits
    $17,196
    Filer's total
    $478,933

  • Peppia Sherrouse

    VP Claim Operations

    Total calculated
    $475,926
    From this org
    $385,797
    From related orgs
    $0
    Other
    $90,129
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $264,412
    Bonus
    $82,821
    Other
    $38,564
    Deferred
    $71,925
    Nontaxable benefits
    $18,204
    Filer's total
    $475,926

  • Beverly Harris

    VP Corporate Strategy & Product

    Total calculated
    $472,908
    From this org
    $389,491
    From related orgs
    $0
    Other
    $83,417
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $269,759
    Bonus
    $80,464
    Other
    $39,267
    Deferred
    $64,469
    Nontaxable benefits
    $18,948
    Filer's total
    $472,907

  • David Morton

    VP Underwriting Operations

    Total calculated
    $470,815
    From this org
    $402,444
    From related orgs
    $0
    Other
    $68,371
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $273,171
    Bonus
    $35,219
    Other
    $94,054
    Deferred
    $38,297
    Nontaxable benefits
    $30,074
    Filer's total
    $470,815

  • Lisa Evans

    VP Distribution & Customer Engagement

    Total calculated
    $468,352
    From this org
    $400,060
    From related orgs
    $0
    Other
    $68,292
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $288,831
    Bonus
    $89,720
    Other
    $21,509
    Deferred
    $67,692
    Nontaxable benefits
    $600
    Filer's total
    $468,352

  • Amy Green-Hinojosa

    VP Project Management Office

    Total calculated
    $464,373
    From this org
    $362,125
    From related orgs
    $0
    Other
    $102,248
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $244,730
    Bonus
    $77,160
    Other
    $40,235
    Deferred
    $75,224
    Nontaxable benefits
    $27,024
    Filer's total
    $464,373

  • Jeremiah Bentley

    VP Marketing & Community Affairs

    Total calculated
    $462,716
    From this org
    $357,781
    From related orgs
    $0
    Other
    $104,935
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $239,319
    Bonus
    $76,967
    Other
    $41,496
    Deferred
    $74,861
    Nontaxable benefits
    $30,074
    Filer's total
    $462,717

  • Greta Gonzales

    VP & Chief Risk Officer

    Total calculated
    $456,308
    From this org
    $373,601
    From related orgs
    $0
    Other
    $82,707
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $263,802
    Bonus
    $77,801
    Other
    $31,998
    Deferred
    $63,711
    Nontaxable benefits
    $18,996
    Filer's total
    $456,308

  • Roger Humecky

    VP Data Analytics & Business Intelligence

    Total calculated
    $448,782
    From this org
    $368,522
    From related orgs
    $0
    Other
    $80,260
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $271,117
    Bonus
    $83,911
    Other
    $13,494
    Deferred
    $60,014
    Nontaxable benefits
    $20,246
    Filer's total
    $448,782

  • Anthony Seraphim

    VP Data Governance

    Total calculated
    $446,998
    From this org
    $359,566
    From related orgs
    $0
    Other
    $87,432
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $269,189
    Bonus
    $79,723
    Other
    $10,654
    Deferred
    $58,008
    Nontaxable benefits
    $29,424
    Filer's total
    $446,998

  • Adrian Vanzulli

    VP Engineering

    Total calculated
    $444,466
    From this org
    $355,734
    From related orgs
    $0
    Other
    $88,732
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $265,304
    Bonus
    $80,078
    Other
    $10,352
    Deferred
    $58,658
    Nontaxable benefits
    $30,074
    Filer's total
    $444,466

  • Toni Toliver

    VP Business Law

    Total calculated
    $441,594
    From this org
    $360,673
    From related orgs
    $0
    Other
    $80,921
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $259,656
    Bonus
    $70,815
    Other
    $30,202
    Deferred
    $61,661
    Nontaxable benefits
    $19,260
    Filer's total
    $441,594

  • Billy Jackson

    VP Regional Operations

    Total calculated
    $440,534
    From this org
    $380,294
    From related orgs
    $0
    Other
    $60,240
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $253,474
    Bonus
    $76,934
    Other
    $49,886
    Deferred
    $39,792
    Nontaxable benefits
    $20,448
    Filer's total
    $440,534

  • Eric Bourquin

    VP Safety Services

    Total calculated
    $440,286
    From this org
    $345,328
    From related orgs
    $0
    Other
    $94,958
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $236,410
    Bonus
    $76,233
    Other
    $32,685
    Deferred
    $62,527
    Nontaxable benefits
    $32,431
    Filer's total
    $440,286

  • James Ziolkowski

    VP Regional Operations

    Total calculated
    $437,159
    From this org
    $375,369
    From related orgs
    $0
    Other
    $61,790
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $254,384
    Bonus
    $73,864
    Other
    $47,122
    Deferred
    $39,792
    Nontaxable benefits
    $21,998
    Filer's total
    $437,160

  • Jackie Kenyon

    VP Special Litigation

    Total calculated
    $423,172
    From this org
    $341,743
    From related orgs
    $0
    Other
    $81,429
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $232,817
    Bonus
    $69,320
    Other
    $39,607
    Deferred
    $63,969
    Nontaxable benefits
    $17,460
    Filer's total
    $423,173

  • Nicholas Tsourmas

    Medical Director

    Total calculated
    $413,752
    From this org
    $355,012
    From related orgs
    $0
    Other
    $58,740
    Hours/week
    30

    Schedule J breakdown matched by us

    Base
    $269,610
    Bonus
    $65,886
    Other
    $19,516
    Deferred
    $39,792
    Nontaxable benefits
    $18,948
    Filer's total
    $413,752

  • John Sapp

    VP Information Security

    Total calculated
    $408,341
    From this org
    $349,435
    From related orgs
    $0
    Other
    $58,906
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $257,981
    Bonus
    $79,667
    Other
    $11,788
    Deferred
    $38,237
    Nontaxable benefits
    $20,669
    Filer's total
    $408,342

  • Rhonda Barker

    VP Premium Audit

    Total calculated
    $380,329
    From this org
    $313,706
    From related orgs
    $0
    Other
    $66,623
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $226,227
    Bonus
    $70,446
    Other
    $17,033
    Deferred
    $57,251
    Nontaxable benefits
    $9,372
    Filer's total
    $380,329

  • Ronald Ellis Simmons

    Director

    Total calculated
    $208,500
    From this org
    $186,000
    From related orgs
    $22,500
    Other
    $0
    Hours/week
    4

  • Tommy Dan Phillips

    Director

    Total calculated
    $131,250
    From this org
    $131,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Kristina Rose Koncaba

    Director

    Total calculated
    $130,000
    From this org
    $130,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Alexia Selene Elliott

    Director

    Total calculated
    $127,500
    From this org
    $105,000
    From related orgs
    $22,500
    Other
    $0
    Hours/week
    4

  • Steven Dudley Oldham

    Director

    Total calculated
    $127,500
    From this org
    $105,000
    From related orgs
    $22,500
    Other
    $0
    Hours/week
    4

  • Brett Baker Flagg

    Director

    Total calculated
    $127,000
    From this org
    $127,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • William Francis Quinn

    Director

    Total calculated
    $105,750
    From this org
    $105,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • John Dayton Swanson

    Director

    Total calculated
    $104,500
    From this org
    $104,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Kevin Mart Robnett

    Director

    Total calculated
    $102,000
    From this org
    $102,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Gary Gibson

    Director

    Total calculated
    $25,500
    From this org
    $25,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

Schedule J, Part I, Line 1a
Social Club Memberships were paid for Brenda Ward, Jo Norton, Jeffrey Lentz, and James Ziolkowski. The memberships are used for marketing and lobbying purposes.
Schedule J, Part I, Line 4
a) Richard Gergasko $836,009; b) Brenda Ward $56,354; Leonard Johnson $83,754; Michael Hernandez $193,047; Willard Potter $13,044; Jeannette Sprague $60,185; Jo Betsy Norton $58,077; Kim Haugaard $36,430; Jeffrey Lentz $42,213; Lawrence Martin $31,349; Elise Teeter $28,731; David John $37,638; Nathan Scott $21,094; Phoebe Murphy $33,901; Lisa Evans $10,454; Shannon Pounds $21,193; Erica Sanchez $36,684; Beverly Harris $28,355; Peppia Sherrouse $11,528; Richard Dabney $13,281; Billy Jackson $33,851; Edward Coates $23,955; James Ziolkowski $26,835; Greta Gonzales $20,220; Amy Green-Hinojosa $29,866; Toni Toliver $19,241; Jeremiah Bentley $32,112; Eric Bourquin $22,337; Jackie Kenyon $28,208; Rhonda Barker $6,229

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
6 November 2024
IRS schema version
2023v5.0
Source object
202413199349309521

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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