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Nonprofit · EIN 39-1567887

WISCONSIN PUBLIC SERVICE CORPORATION MASTER WELFARE BENEFIT

Tax-exempt · MILWAUKEE, WI 53203

Financials

$25.2M$8.4M2023$29.7M$18.7M2024$31.4M$8M2025
Revenue Expenses · by fiscal year end
Financials of WISCONSIN PUBLIC SERVICE CORPORATION MASTER WELFARE BENEFIT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$31,384,843$7,957,076$23,427,767$310,724,346$0$310,724,346
December 31, 2024990$29,706,247$18,703,562$11,002,685$287,296,579$0$287,296,579
December 31, 2023990$25,238,725$8,406,446$16,832,279$276,293,894$0$276,293,894
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$282,775
Investment income
$13,036,914
Net gain from sales of assets
$4,013,042
Other revenue
$18,065,154

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$7,583,846
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$7,583,846
Management and general (functional)
$373,230

Balance sheet and other

Total assets, start of year
$287,296,579
Total assets, end of year
$310,724,346
Total liabilities, end of year
$0
Net assets, end of year
$310,724,346
Publicly traded securities
$310,724,346
Gross unrelated business income
$9,023,872
Gross receipts
$272,928,510
Employees
0
Year formed
1925
State of legal domicile
WI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Xia LiuCommittee Chair
Trustee or director
0$0
Lisa GeorgeCommittee Member
Trustee or director
0$0
Joshua M EricksonCommittee Member
Trustee or director
0$0
William J GucCommittee Member
Trustee or director
0$0
Tony L ReeseCommittee Secretary
Trustee or director
0$0
990 for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
Xia LiuCommittee Chair
Trustee or director
0$0
Lisa GeorgeCommittee Member
Trustee or director
0$0
Joshua M EricksonCommittee Member
Trustee or director
0$0
William J GucCommittee Member
Trustee or director
0$0
Tony L ReeseCommittee Secretary
Trustee or director
0$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Xia LiuCommittee Chair
Trustee or director
0$0
Lisa GeorgeCommittee Member
Trustee or director
0$0
Joshua M EricksonCommittee Member
Trustee or director
0$0
William J GucCommittee Member
Trustee or director
0$0
Tony L ReeseCommittee Secretary
Trustee or director
0$0

Address and contacts

Address (IRS master file)
231 W MICHIGAN ST, MILWAUKEE, WI 53203-2918
In care of
% WISCONSIN PUBLIC SERVICE COR
Principal officer (990 for 2025)
William Guc, 231 W Michigan Street, Milwaukee, WI 53203
Signed the 990
William Guc, Vice President/Contr
Phone
(312) 240-4373

Mission

RECEIVE AND HOLD EMPLOYEE AND EMPLOYER CONTRIBUTIONS MADE UNDER THE WISCONSIN PUBLIC SERVICE CORPORATION (WPSC) NON-ADMINISTRATIVE EMPLOYEE HEALTH CARE PLAN AND WPSC LIFE & LONG-TERM DISABILITY PLAN TO DISBURSE PAYMENTS AND SATISFY MEMBER CLAIMS UNDER THE PLAN.

990 for the year ended December 31, 2025

Program accomplishments

  • Satisfy member claims under the WPSC Master Welfare Benefit Trust Section 501(c)(9) VEBA.
    Expenses $7,957,075

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
39-1567887
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1988
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$310,724,346
Income (IRS master file)
$272,928,510

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$31,384,843$7,957,076$310,724,346XML
990December 2024$29,706,247$18,703,562$287,296,579XML
990December 2023$25,238,725$8,406,446$276,293,894XML
990December 2022$1,611,787$50,942,994$259,461,615IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 39-1567887).

Questions about WISCONSIN PUBLIC SERVICE CORPORATION MASTER WELFARE BENEFIT

What is the EIN of WISCONSIN PUBLIC SERVICE CORPORATION MASTER WELFARE BENEFIT?
The employer identification number (EIN) of WISCONSIN PUBLIC SERVICE CORPORATION MASTER WELFARE BENEFIT is 39-1567887.
Is WISCONSIN PUBLIC SERVICE CORPORATION MASTER WELFARE BENEFIT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1988.
Are donations to WISCONSIN PUBLIC SERVICE CORPORATION MASTER WELFARE BENEFIT tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does WISCONSIN PUBLIC SERVICE CORPORATION MASTER WELFARE BENEFIT file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WISCONSIN PUBLIC SERVICE CORPORATION MASTER WELFARE BENEFIT due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WISCONSIN PUBLIC SERVICE CORPORATION MASTER WELFARE BENEFIT last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of WISCONSIN PUBLIC SERVICE CORPORATION MASTER WELFARE BENEFIT?
The 990 for the year ended December 31, 2025 names William Guc.
Who are the officers and directors of WISCONSIN PUBLIC SERVICE CORPORATION MASTER WELFARE BENEFIT?
The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does WISCONSIN PUBLIC SERVICE CORPORATION MASTER WELFARE BENEFIT have?
On its 990 for the year ended December 31, 2025 it reported revenue of $31,384,843, expenses of $7,957,076 and total assets of $310,724,346 at year end.

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