2024-11-08T14:36:12-06:00 2024-06-30 043245662 DAVIES & MONAHAN PC 1 BATTERYMARCH PARK STE 101 QUINCY MA 021697454 990 2023-07-01 363264285 WORKERS COMPENSATION RESEARCH INSTITUTE WORK 6176619274 610 LINCOLN STREET 100 WALTHAM MA 02451 RAMONA TANABE PRESIDENT AND CEO 6176619274 2024-11-08 1 0 X KELLY A MCLAUGHLIN P00088611 6177699600 2023 2024-10-15 13:58:12Z RAMONA TANABE 610 LINCOLN STREET 100 WALTHAM MA 02451 9398875 0 X WWW.WCRINET.ORG X 1983 MA THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS TO PERFORM INDEPENDENT RESEARCH AND CONDUCT OBJECTIVE STUDIES AND ANALYSES TO PROVIDE OBJECTIVE, CREDIBLE, HIGH-QUALITY RESEARCH AND INFORMATION ON PUBLIC POLICY ISSUES INVOLVING WORKERS' COMPENSATION SYSTEMS. 18 18 33 0 0 0 0 0 7302796 7458265 405744 394342 0 0 7708540 7852607 0 0 0 0 5635019 5638989 0 0 0 2864579 3038483 8499598 8677472 -791058 -824865 14225716 15006395 2844472 3833444 11381244 11172951 THE PRIMARY MISSION OF THE ORGANIZATION IS TO BE A CATALYST FOR SIGNIFICANT IMPROVEMENTS IN WORKERS' COMPENSATION SYSTEMS, PROVIDING THE PUBLIC WITH OBJECTIVE, CREDIBLE, HIGH-QUALITY RESEARCH ON IMPORTANT PUBLIC POLICY ISSUES. 0 0 7277007 7458265 THE INSTITUTE WAS ESTABLISHED TO GATHER, ANALYZE, AND DISSEMINATE RELIABLE INFORMATION TO LEGISLATORS, ADMINISTRATORS, TASK FORCES, AND INDUSTRY GROUPS INTERESTED IN IMPROVING WORKERS' COMPENSATION SYSTEMS. 7277007 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 23 0 1 33 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 1 1 1 0 MA X RAMONA TANABE CO WCRI 6176619274 610 LINCOLN STREET SUITE 100 WALTHAM MA 02451 PAUL KEARNEY DIRECTOR 0.00 X 0 0 0 RUSSELL J PASS DIRECTOR 0.00 X 0 0 0 STEVE PERROOTS DIRECTOR 0.00 X 0 0 0 DENISE ZOE ALGIRE DIRECTOR 0.00 X 0 0 0 DEBRA KANE DIRECTOR 0.00 X 0 0 0 ADNAN PATHAN DIRECTOR 0.00 X 0 0 0 DIANA HAVEN DIRECTOR 0.00 X 0 0 0 JOSEPH WELLS CHAIRPERSON 0.00 X 0 0 0 KIMBERLY GEORGE DIRECTOR 0.00 X 0 0 0 RICHARD IVES VICE CHAIRPERSON 0.00 X 0 0 0 JON STEWART TREASURER 0.00 X 0 0 0 MELISSA ZAPARANIC DIRECTOR 0.00 X 0 0 0 DOUGLAS ANDERSON DIRECTOR 0.00 X 0 0 0 KEVIN BRADY DIRECTOR 0.00 X 0 0 0 JOAN VINCENZ DIRECTOR 0.00 X 0 0 0 NEIL DEBLOCK DIRECTOR 0.00 X 0 0 0 STEVEN A BENNETT DIRECTOR 0.00 X 0 0 0 MICHELE ADAMS VICE CHAIRPERSON 0.00 X 0 0 0 RAMONA TANABE PRESIDENT AND CEO 40.00 X 444670 0 82424 JOHN RUSER FORMER PRESIDENT & CEO 40.00 X 355498 0 35938 SEBASTIAN NEGRUSA VICE PRESIDENT OF RESEARCH 40.00 X 252370 0 65380 ANDREW KENNEALLY COMMUNICATIONS DIRECTOR 40.00 X 190668 0 25852 OLYESA FOMENKO ECONOMIST 40.00 X 173231 0 18906 RUI YANG SENIOR PUBLIC POLIC ANALYS 40.00 X 174449 0 20402 ERIC HARRISION DATA DEVELOPMENT DIRECTOR 40.00 X 176684 0 58937 DONGCHUN WANG SENIOR PUBLIC POLIC ANALYS 40.00 X 164876 0 21902 1932446 0 329741 21 0 1 0 TECHNICAL AUTOMATION 319 LITTLETON ROAD SUITE 300 WESTFORD MA 01886 COMPUTER CONSULTANT 668884 MILLIMAN USA ONE PENNSYLVANIA PLAZA NEW YORK NY 10019 DATA PROCESSING 438025 RANDALL D LEA MD RANDALL D LEA MD BATON ROUGE LA 70879 RESEARCH CONSULTANT 109200 DAVIES & MONAHAN PC 1 BATTERYMARCH PARK SUITE 101 QUINCY MA 02169 ACCOUNTANT 109080 0 MEMBERSHIP DUES 900099 7059243 7059243 CONFERENCE REVENUES 900099 247820 247820 CONTRACTS AND GRANTS 900099 134000 134000 PUBLICATIONS SALES 900099 17202 17202 7458265 387134 387134 1553476 1546268 7208 7208 7208 7852607 7458265 0 394342 1236280 1046602 189678 3398088 2876759 521329 248841 210664 38177 447153 378551 68602 308627 261277 47350 204397 173038 31359 81648 81648 313512 265374 48138 56709 48006 8703 926832 784637 142195 558881 473137 85744 93598 79238 14360 241606 204539 37067 246136 208374 37762 95317 80694 14623 MOVING EXPENSES 109442 92651 16791 SUBSCRIPTIONS DUES AND 81622 69099 12523 BAD DEBT 28783 24367 4416 8677472 7277007 1400465 0 843695 939497 133073 112386 163013 152836 216287 354389 1661633 1107138 625705 554495 12197263 12147856 46680 744936 14225716 15006395 750907 976149 2093565 2120636 0 736659 2844472 3833444 X 11381244 11172951 11381244 11172951 14225716 15006395 -824865 616572 0 X X 0 1 X 1 0 X 7446567 7203164 7234069 6985211 7059243 35928254 233987 105651 221216 317585 399022 1277461 7680554 7308815 7455285 7302796 7458265 37205715 0 3411473 3410710 3315282 3227046 3388101 16752612 3411473 3410710 3315282 3227046 3388101 16752612 20453103 300211 329060 405899 407888 387134 1830192 300211 329060 405899 407888 387134 1830192 7980765 7637875 7861184 7710684 7845399 39035907 0.52400 0.52790 0.04690 0.05150 X 1661633 1107138 554495 554495 LEASE LIABILITY 736659 736659 X 8387531 616572 616572 7770959 81648 81648 7852607 8595824 0 8595824 81648 81648 8677472 PART X, LINE 2: UNDER FASB ASC 740 INCOME TAXES, THE ORGANIZATION RECOGNIZES THE TAX BENEFIT OF TAX POSITIONS TO THE EXTENT THAT THE BENEFIT WILL MORE LIKELY THAN NOT BE REALIZED. THE DETERMINATION AS TO WHETHER THE TAX BENEFIT WILL MORE LIKELY THAN NOT BE REALIZED IS BASED UPON THE TECHNICAL MERITS OF THE TAX POSITION AS WELL AS CONSIDERATION OF THE AVAILABLE FACTS AND CIRCUMSTANCES. AS OF JUNE 30, 2024 AND 2023, THE ORGANIZATION DOES NOT HAVE ANY MATERIAL UNCERTAIN TAX POSITIONS. X X X X 0 0 0 0 0 0 0 0 0 RAMONA TANABE PRESIDENT AND CEO 371407 0 71653 0 1610 0 38190 0 44234 0 527094 0 0 0 JOHN RUSER FORMER PRESIDENT & CEO 284318 0 68080 0 3100 0 31935 0 4003 0 391436 0 0 0 SEBASTIAN NEGRUSA VICE PRESIDENT OF RESEARCH 228098 0 23940 0 332 0 24969 0 40411 0 317750 0 0 0 ERIC HARRISION DATA DEVELOPMENT DIRECTOR 166904 0 8800 0 980 0 16402 0 42535 0 235621 0 0 0 ANDREW KENNEALLY COMMUNICATIONS DIRECTOR 178115 0 9313 0 3240 0 17678 0 8174 0 216520 0 0 0 RUI YANG SENIOR PUBLIC POLIC ANALYS 162819 0 8423 0 3207 0 15223 0 5179 0 194851 0 0 0 OLYESA FOMENKO ECONOMIST 161625 0 8467 0 3139 0 11985 0 6921 0 192137 0 0 0 DONGCHUN WANG SENIOR PUBLIC POLIC ANALYS 153078 0 7960 0 3838 0 14067 0 7835 0 186778 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A RESEARCH ORGANIZATION WHOSE MEMBERS CONSIST OF EMPLOYERS, INSURERS, STATE FUNDS, STATE GOVERNMENTS AND LABOR ORGANIZATIONS. FORM 990, PART VI, SECTION A, LINE 7A THE RESPONSIBLITY FOR POLICYMAKING RESTS WITH THE ORGANIZATION'S BOARD OF DIRECTORS, A REPRESENTATIVE GROUP THAT IS ELECTED BY THE MEMBERSHIP FOR STAGGERED THREE-YEAR TERMS. FORM 990, PART VI, SECTION B, LINE 11B AFTER THE PREPARATION OF THE 990 BY THE ACCOUNTING DEPARTMENT AND AN OUTSIDE ACCOUNTING FIRM, IT IS REVIEWED BY THE EXECUTIVE DIRECTOR. A COPY IS ALSO PROVIDED TO THE TREASURER OF THE BOARD OF DIRECTORS AND THE EXECUTIVE COMMITTEE FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY TO THE BOARD OF DIRECTORS AND THE DEPUTY DIRECTOR TRACKS THE DISCLOSURES, IF ANY, BY ANY BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION FOR THE EXECUTIVE DIRECTOR, THE KEY MANAGEMENT POSITION FOR THE ORGANIZATION. THE COMPENSATION DETERMINATION IS BASED ON APPROPRIATE COMPARABLE DATA AND IS APPROVED BY AND DOCUMENTED BY A COMPENSATION COMMITTEE. A COMPENSATION SURVEY OF SIMILIAR POSITIONS IS CONDUCTED BY AN OUTSIDE CONSULTANT EVERY THREE YEARS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC PAUL KEARNEY - AF GROUP, 200 N. GRAND AVE, LANSING, MI 48901. RUSSELL J. PASS - GALLAGHER BASSETT, 2850 GOLF ROAD, 4TH FLOOR, ROLLING MEADOWS, IL 60008. STEVE PERROOTS - MARRIOTT INTL. INC., 10400 FERNWOOD RD,, BETHESDA, MD 20817. DENISE ZOE ALGIRE - ALBERTSONS COMPANIES, 5918 STONERIDGE MALL RD., PLEASANTON, CA 94588. DEBRA KANE - CNA, 801 WARRENVILLE RD, STE. 700, LISLE, IL 60532. ADNAN PATHAN - AIG. 99 HIGH STREET, BOSTON, MA 02110. DIANA HAVEN - STANFORD UNIVERSITY, 505 BROADWAY, CARDINAL HALL, 6TH FLOOR, REDWOOD CITY, CA 94063. JOSEPH WELLS - EVEREST INSURANCE, 100 EVEREST WAY, WARREN, NJ 07059. KIMBERLY GEORGE - SEDGWICK CLAIMS MANAGEMENT SERVICES, INC., 1100 RIDGEWAY L MEMPHIS, TN 38120. RICHARD IVES - THE TRAVELERS COMPANIES, ONE TOWER SQUARE, 7MS, HARTFORD, CT 06183. JON STEWART - KENTUCKY EMPLOYERS' MUTUAL INSURANCE, 250 WEST MAIN STREET, SU LEXINGTON, KY 40507-1724. DOUGLAS ANDERSON - LIBERTY MUTUAL INSURANCE, 2815 FORBS AVENUE, HOFFMAN ESTATES, IL 60192. KEVIN BRADY - THE PMA INSURANCE GROUP, 380 SENTRY PARKWAY, BLUE BELL, PA 19422-2328. JOAN VINCENZ - UNITED AIRLINES, 233 S. WACKER DRIVE, CHICAGO, IL 60603. NEIL DEBLOCK - ZURICH NORTH AMERICA, 1299 ZURICH WAY, SCHAUMBURG, IL 60196. STEVEN A. BENNETT - AMERICAN PROPERTY CASUALTY INSURANCE, 8700 WEST BRYN MAW CHICAGO, IL 60631. MICHELE ADAMS - WALMART, 702 SOUTHWEST 8TH STREET, BENTONVILLE, AR 72716. FORM 990, PART XII, LINE 2C: THE PROCESS OF OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF INDEPENDENT ACCOUNTANTS HAS NOT CHANGED FROM THE PRIOR YEAR.