Texas Mutual Insurance Company
Austin, TX · EIN 74-2615873 · Rank 422 by total revenue
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.
Money, Form 990 for tax year 2024
- Total revenue
- $1,532,187,813
- Total expenses
- $1,316,092,367
- Total assets
- $8,566,132,270
- Salary base (all salaries and wages)
- $134,207,634
- Salaries, other pay and benefits
- $171,809,594
- Employees
- 1,102
- Salary base per employee
- $121,786
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (41)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Brenda Ward | President & CEO | Officer | 40 | $1,716,743 |
| Leonard Johnson | SVP Investments | Officer | 40 | $946,619 |
| Paul Schlaud | SVP Enterprise Affairs & General Counsel | Officer | 40 | $927,780 |
| Willard Potter | SVP & CFO | Officer | 40 | $889,598 |
| Michael Hernandez | Chief Data Officer | Officer | 40 | $733,336 |
| Jeffrey Lentz | SVP Underwriting | Officer | 40 | $723,571 |
| Kim Haugaard | SVP Policyholder Services | Officer | 40 | $715,734 |
| Lawrence Martin | SVP Human Resources | Officer | 40 | $679,118 |
| Jeannette Sprague | SVP & Chief Information Officer | Officer | 40 | $678,842 |
| Jo Betsy Norton | SVP Public Affairs | Officer | 40 | $641,563 |
| Elise Teeter | SVP & General Auditor | Officer | 40 | $589,352 |
| Gregory Carter | Chief Transformation Officer | Officer | 40 | $200,000 |
| Nathan Scott | VP Investments | Key employee | 40 | $571,274 |
| Phoebe Murphy | Chief Actuary & VP of Enterprise Analytics | Key employee | 40 | $555,562 |
| Edward Coates | VP HR Employee Services | Key employee | 40 | $534,816 |
| Shannon Pounds | VP & Associate General Counsel | Key employee | 40 | $533,787 |
| Erica Sanchez | VP & Controller | Key employee | 40 | $527,477 |
| Peppia Sherrouse | VP Claim Operations | Key employee | 40 | $527,217 |
| Beverly Harris | VP Corporate Strategy & Product | Key employee | 40 | $526,754 |
| Anthony Seraphim | VP Digital Transformation | Key employee | 40 | $518,993 |
| Amy Green-Hinojosa | VP Project Management Office | Key employee | 40 | $513,877 |
| Lisa Evans | VP Distribution & Customer Engagement | Key employee | 40 | $513,315 |
| Richard Dabney | VP Corporate Underwriting | Key employee | 40 | $513,129 |
| David John | VP IT Infrastructure | Key employee | 40 | $511,081 |
| Roger Humecky | VP Data Analytics & Business Intelligence | Key employee | 40 | $507,567 |
| Jeremiah Bentley | VP Marketing & Community Affairs | Key employee | 40 | $496,749 |
| Greta Gonzales | VP & Chief Risk Officer | Key employee | 40 | $495,872 |
| David Morton | VP Underwriting Operations | Key employee | 40 | $494,145 |
| Toni Toliver | VP Business Law | Key employee | 40 | $489,294 |
| James Ziolkowski | VP Regional Operations | Key employee | 40 | $481,278 |
| Billy Jackson | VP Regional Operations | Key employee | 40 | $471,633 |
| John Sapp | VP Information Security | Key employee | 40 | $447,631 |
| Ronald Ellis Simmons | Director | Board | 4 | $228,000 |
| Tommy Dan Phillips | Director | Board | 4 | $135,000 |
| Alexia Selene Elliott | Director | Board | 4 | $135,000 |
| Steven Dudley Oldham | Director | Board | 4 | $135,000 |
| William Francis Quinn | Director | Board | 4 | $130,000 |
| Kristina Rose Koncaba | Director | Board | 4 | $120,000 |
| Brett Baker Flagg | Director | Board | 4 | $120,000 |
| Gary Gibson | Director | Board | 4 | $115,000 |
| Kevin Mart Robnett | Director | Board | 4 | $105,000 |
Top 10 paid people listed
These 10 people received $8,652,904, which is 6.4% of the $134,207,634 salary base shared by 1,102 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Brenda Ward | President & CEO | Officer | 40 | $1,548,094 | $0 | $168,649 | $1,716,743 |
| Leonard Johnson | SVP Investments | Officer | 40 | $894,839 | $0 | $51,780 | $946,619 |
| Paul Schlaud | SVP Enterprise Affairs & General Counsel | Officer | 40 | $818,606 | $0 | $109,174 | $927,780 |
| Willard Potter | SVP & CFO | Officer | 40 | $763,584 | $0 | $126,014 | $889,598 |
| Michael Hernandez | Chief Data Officer | Officer | 40 | $668,030 | $0 | $65,306 | $733,336 |
| Jeffrey Lentz | SVP Underwriting | Officer | 40 | $590,893 | $0 | $132,678 | $723,571 |
| Kim Haugaard | SVP Policyholder Services | Officer | 40 | $601,452 | $0 | $114,282 | $715,734 |
| Lawrence Martin | SVP Human Resources | Officer | 40 | $568,370 | $0 | $110,748 | $679,118 |
| Jeannette Sprague | SVP & Chief Information Officer | Officer | 40 | $617,050 | $0 | $61,792 | $678,842 |
| Jo Betsy Norton | SVP Public Affairs | Officer | 40 | $587,783 | $0 | $53,780 | $641,563 |
Sources
- IRS e-file return 202533169349307583 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 74-2615873
- Organization website (as filed): www.texasmutual.com