Public Charity

Insurance Security Fund

Based in Madison, WI, Insurance Security Fund operates as a Public Charity. The organization reported $18.9M in revenue, $28.5M in expenses, $31.4M in total assets for fiscal year 2025.

EIN: 237365644 Madison, WI Latest filing: 2025
Total Revenue$18.9M
Total Expenses$28.5M
Total Assets$31.4M
Grant Records0
Filing Years2021–2025

Mission

The Insurance Security Fund has one mission, accomplished through one program to maintain public confidence in the promises of insurers by providing a mechanism for protecting insureds from loss in the event of liquidation of insurers and to provide continuation of protection under insurance policies as specified by Wisconsin State Statutes.

Officers & Directors

Executive Director Allan Patek
Network Health Plan, Menasha WI Brian Ollech Board Member
American Family Insruance, Madison WI Bryce Tolefree Board Member
Quartz, Sauk City WI Christine Senty Board Member
Church Mutual Ins, Merril WI Dawn Lemke Board Member
Guardian Life Ins Co, Madison WI Ellie Nieves Board Member

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $18.9M $28.5M $31.4M
2024 $14.9M $9.6M $41.1M
2023 $2.8M $4.2M $35.8M
2022 $11.2M $3.7M $37.2M
2021 $3.0M $4.5M $29.7M

Between 2021 and 2025, reported annual revenue grew from $3.0M to $18.9M (+531%), with total assets most recently reported at $31.4M.

Interactive year-over-year charts and full filing details available with membership.

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