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Nonprofit · EIN 04-1591010

WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS

Tax-exempt · BOSTON, MA 02110

Financials

$15.9M$13.8M2023$16.1M$14.6M2024
Revenue Expenses · by fiscal year end
Financials of WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$16,078,026$14,611,519$1,466,507$9,254,141$5,211,313$4,042,828
December 31, 2023990$15,921,486$13,842,640$2,078,846$10,455,207$6,092,773$4,362,434
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$15,598,887
Investment income
$205,209
Net rental income
$273,930
Other revenue
$273,930

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$2,316,496
Other salaries and wages
$4,008,069
Salaries, compensation and benefits (total)
$7,763,070
Professional fundraising fees
$0
Legal fees
$376,604
Accounting fees
$49,158
Occupancy
$1,230,286
Travel
$50,768
Depreciation
$64,796

Balance sheet and other

Total assets, start of year
$10,455,207
Total assets, end of year
$9,254,141
Total liabilities, end of year
$5,211,313
Net assets, end of year
$4,042,828
Land, buildings and equipment
$127,716
Net assets without donor restrictions
$4,042,828
Gross receipts
$16,078,026
Employees
52
Volunteers
12
Year formed
1915
State of legal domicile
MA

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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DANIEL R JUDSONPRESIDENT
Officer
40$452,523$92,916
CAROLYN BERGHVP & ACTUARY
Officer
40$414,037$65,906
CHRISTOPHER M TIMBONEVP CIO
Officer
40$243,993$129,794
DANIEL M CROWLEYVP CUSTOMER SERVICES
Officer
40$254,357$114,482
ANTHONY SALIDOASST. VP, ACTUARY/DATA OPS. DIRECTOR
Key employee
40$267,725$70,471
ERIC J WILDMANVP CFO
Officer
40$253,164$81,257
CARA TOOMEYVP GENERAL COUNSEL
Officer
40$149,219$64,848
SEAN MURPHYSOFTWARE DEV. MANAGER
Highest-paid employee
40$159,025$45,666
CHRISTINA VAZAKASSR. ACTUARIAL ANALYST
Highest-paid employee
40$123,543$74,520
CHRISTOPHER CONNORSIT INFRASTRUCTURE DIRECTOR
Highest-paid employee
40$163,535$32,171
CHRISTINE CRONINRESIDUAL MARKET MANAGER
Highest-paid employee
40$122,306$65,866
ERIC CHRISTOPHERSENSOFTWARE ARCHITECT
Highest-paid employee
40$147,870$34,594
ACADIA INSURANCE COMPANYDIRECTOR
Institutional trustee
1$0$0
AIM MUTUAL INSURANCE COMPANYDIRECTOR
Institutional trustee
1$0$0
ARBELLA INSURANCE COMPANYDIRECTOR
Institutional trustee
1$0$0
9 more people on this return
NameTitleHours / weekCompensation
ASSOCIATED INDUSTRIES OF MA (AIM)DIRECTOR
Institutional trustee
1$0
ATLANTIC CHARTER INSURANCE COMPANYDIRECTOR
Institutional trustee
1$0
HANOVER INSURANCE COMPANYDIRECTOR
Institutional trustee
1$0
HARTFORDDIRECTOR
Institutional trustee
1$0
LIBERTY MUTUAL INSURANCE COMPANYDIRECTOR
Institutional trustee
1$0
MA AFLCIODIRECTOR
Institutional trustee
1$0
MAIADIRECTOR
Institutional trustee
1$0
NATIONAL UNION FIRE INS CO OF PITTSDIRECTOR
Institutional trustee
1$0
TRAVELERS INDEMNITY COMPANYDIRECTOR
Institutional trustee
1$0
990 for the year ended December 31, 2023: 23 people
NameTitleHours / weekCompensationOther / benefits
DANIEL R JUDSONPRESIDENT
Officer
40$449,057$82,623
CAROLYN BERGHVP & ACTUARY
Officer
40$394,880$63,941
DANIEL M CROWLEYVP CUSTOMER SERVICE
Officer
40$244,027$110,783
CHRISOPHER TIMBONEVP CIO
Officer
40$235,912$116,969
ANTHONY SALIDOAVP ACTUARY/DATA OPS. DIR.
Key employee
40$251,439$63,294
ERIC J WILDMANVP, CFO
Officer
40$229,713$81,313
CHRISTINA VAZAKASSENIOR ACTUARIAL ANALYST
Highest-paid employee
40$117,592$71,521
SEAN MURPHYSOFTWARE DEV. MANAGER
Highest-paid employee
40$147,298$41,704
CHRISTINE CRONINRESIDUAL MKT POOL SPECIALIST
Highest-paid employee
40$111,309$74,986
CHRISTOPHER CONNORSNETWORK ADMINISTRATOR
Highest-paid employee
40$157,199$26,968
MARY DEPIERROCUSTOMER SERVICES MANAGER
Highest-paid employee
40$125,211$55,305
ACADIA INSURANCE COMPANYDIRECTOR
Institutional trustee
1$0$0
AIM MUTUAL INSURANCE COMPANYDIRECTOR
Institutional trustee
1$0$0
ARBELLA INSURANCE COMPANYDIRECTOR
Institutional trustee
1$0$0
ASSOCIATED INDUSTRIES OF MA (AIM)DIRECTOR
Institutional trustee
1$0$0
ATLANTIC CHARTER INSURANCE COMPANYDIRECTOR
Institutional trustee
1$0$0
HANOVER INSURANCE COMPANYDIRECTOR
Institutional trustee
1$0$0
HARTFORDDIRECTOR
Institutional trustee
1$0$0
LIBERTY MUTUAL INSURANCE COMPANYDIRECTOR
Institutional trustee
1$0$0
MA AFLCIODIRECTOR
Institutional trustee
1$0$0
MAIADIRECTOR
Institutional trustee
1$0$0
NATIONAL UNION FIRE INS CO OF PITTSDIRECTOR
Institutional trustee
1$0$0
TRAVELERS INDEMNITY COMPANYDIRECTOR
Institutional trustee
1$0$0

Address and contacts

Address (IRS master file)
101 ARCH STREET, BOSTON, MA 02110-1130
Principal officer (990 for 2024)
DANIEL JUDSON, 101 ARCH STREET 5TH FLOOR, BOSTON, MA 021101130
Signed the 990
DANIEL JUDSON, PRESIDENT
Phone
(617) 439-9030
Return prepared by
AAFCPAS INC

Mission

SEE SCHEDULE O

990 for the year ended December 31, 2024

Program accomplishments

  • ON BEHALF OF ITS MEMBERS, THE WCRIBMA SUBMITTED A RATE FILING TO THE MASSACHUSETTS DIVISION OF INSURANCE.
  • THE WCRIBMA CARRIED OUT ITS RESPONSIBILITIES AS THE STATISTICAL AGENT FOR WORKERS' COMPENSATION DATA ON BEHALF OF THE MASSACHUSETTS DIVISION OF INSURANCE.
  • THE WCRIBMA PERFORMED ITS DUTIES AS THE COVERAGE VERIFICATION ENTITY FOR THE MASSACHUSETTS DEPARTMENT OF INDUSTRIAL ACCIDENTS.

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-1591010
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Exempt since
1944
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,254,141
Income (IRS master file)
$16,078,026

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$16,078,026$14,611,519$9,254,141IRS
990December 2023$15,921,486$13,842,640$10,455,207XML
990December 2022$15,210,321$13,638,849$10,799,284IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 04-1591010).

Questions about WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS

What is the EIN of WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS?
The employer identification number (EIN) of WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS is 04-1591010.
Is WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1944.
Which annual return does WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS 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 WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS?
The 990 for the year ended December 31, 2024 names DANIEL JUDSON.
Who are the officers and directors of WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS?
The 990 for the year ended December 31, 2024 lists 24 people; 12 received compensation from the organization, the highest $452,523 (DANIEL R JUDSON, PRESIDENT).
How much revenue does WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $16,078,026, expenses of $14,611,519 and total assets of $9,254,141 at year end.

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