January 15, 2015
WCA Services, Inc. Reaches $1 Million Dividend Mark
Utilization of Programs Contributes to Success
When the Wisconsin Counties Association Board of Directors created WCA Services, Inc. in 1997, they had a simple mission in mind: offer products, services and endorsements to assist government and public entities to operate more efficiently and cost effectively.
Since that time, WCA Services, Inc. has carried out that mission and in addition, provided dividends to the Wisconsin Counties Association.
Over the past ten years WCA Services, Inc. has declared and paid dividends totaling over $1.1 million. For 2014, a $225,000 dividend was declared at the December 8, 2014 WCA Services, Inc. board meeting.
“Reaching over $1 million in dividends demonstrates the success of WCA Services, Inc. programs and illustrates how they are being utilized by government and public entities,” said WCA Services, Inc. President Mark D. O’Connell. “From the perspective of the Wisconsin Counties Association, the success of WCA Services, Inc. and the subsequent dividends paid has helped the association operate without a dues increase for twelve consecutive years. That is an accomplishment of which we are very proud.”
The product and service offerings from WCA Services, Inc. are quite broad and provide counties opportunities in areas such as, but not limited to, dental insurance, permanent life insurance, long-term care insurance, no-cost prescription drug discounts for all county residents, retirement solutions and cooperative purchasing.
Additional programs include cyber security training and risk management for IT professionals; employment and staffing solutions, access to low cost tax-exempt financing for local governments and private entities, and a liability insurance company for cities, towns, villages and school districts through Community Insurance Corporation. For a full listing of all WCA Services, Inc. programs and services, click here. The site also contains contact information for each particular company.
“The success of WCA Services, Inc. is due in part to our insistence on high corporate standards from companies that provide counties and other public entities with meaningful solutions,” said WCA Director of Programs and Services Josh Bindl. “At the foundation of our company is trust – a trust in knowing that to be considered as a WCA Services, Inc. endorsed program or service, we demand exceptional value and adherence to the highest professional standards. These dividends illustrate the value of working with such respected entities.”
All WCA Services, Inc. programs, services and endorsements are pre-screened by WCA staff and there is no enrollment cost to counties to use any offerings outside of the product cost.
“These dividends illustrate that WCA Services, Inc. is continuing to thrive and we encourage members of the county family to contact us here at the association if there are any specific questions on any program offering,” said WCA Executive Director Mark D. O’Connell. “The success of the company and subsequent benefit to all of Wisconsin’s counties is a result of our local governments that have taken advantage of what the company offers. We continue to encourage all local officials to take a look at what WCA Services, Inc. can do for you, your county and your constituents.”
In addition to declaring a $225,000 dividend at the December meeting, the board also approved the creation of an advisory committee comprised of local government practitioners who will meet periodically to discuss challenges faced by local government and what role the service corporation can play on fashioning solutions.