Nonprofit · EIN 68-0049924
SELF INSURERS SECURITY FUND
Tax-exempt · OAKLAND, CA 94607
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $80,659,578 | $54,811,151 | $25,848,427 | $905,651,511 | $117,971,074 | $787,680,437 |
| June 30, 2024 | 990 | $76,613,039 | $54,236,411 | $22,376,628 | $855,452,206 | $94,129,588 | $761,322,618 |
| June 30, 2023 | 990 | $30,148,061 | $5,474,810 | $24,673,251 | $746,398,766 | $54,939,039 | $691,459,727 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $4,010,879
- Investment income
- $76,648,699
- Net gain from sales of assets
- $61,763,909
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $593,956
- Other salaries and wages
- $148,234
- Salaries, compensation and benefits (total)
- $935,956
- Professional fundraising fees
- $0
- Legal fees
- $734,605
- Accounting fees
- $206,943
- Occupancy
- $281,457
- Depreciation
- $8,673
Balance sheet and other
- Total assets, start of year
- $855,452,206
- Total assets, end of year
- $905,651,511
- Total liabilities, end of year
- $117,971,074
- Net assets, end of year
- $787,680,437
- Land, buildings and equipment
- $35,430
- Publicly traded securities
- $319,716,595
- Net assets without donor restrictions
- $787,680,437
- Gross unrelated business income
- -$584,404
- Gross receipts
- $407,051,257
- Employees
- 5
- Volunteers
- 8
- Year formed
- 1984
- State of legal domicile
- CA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GRANT HEINTZ | DIRECTOR, MEMBER CREDIT RISK Key employee | 40 | $204,631 |
| ADRIANA MERTINAK | DIRECTOR OF FINANCE Key employee | 40 | $200,489 |
| JILL DULICH | DIRECTOR, CLAIMS AND OPERATIONS Key employee | 32 | $167,355 |
| WILLIAM LYONS | CHAIRPERSON Trustee or director, Officer | 1 | $1,900 |
| JOHN SMOLK | TRUSTEE Trustee or director | 0 | $1,000 |
| TIM EAST | TRUSTEE Trustee or director | 0 | $600 |
| ED HALL | TRUSTEE Trustee or director | 0 | $0 |
| FRANCISCO CANO | TRUSTEE (as of 1/1/2025) Trustee or director | 0 | $0 |
| MARTIN KING | TREASURER Trustee or director | 0 | $0 |
| RAMENEH TORRES | TRUSTEE (as of 1/1/2025) Trustee or director | 0 | $0 |
| STACY BRATCHER | TRUSTEE Trustee or director | 0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GRANT HEINITZ | Director, Member Credit Risk Key employee | 40 | $195,871 |
| ADRIANA MERTINAK | Director of Finance Key employee | 40 | $160,200 |
| JILL DULICH | Director, Claims and Operation Key employee | 32 | $152,802 |
| WILLIAM LYONS | CHAIRPERSON Trustee or director, Officer | 1 | $1,800 |
| TIM EAST | TRUSTEE Trustee or director | 0 | $900 |
| JOHN SMOLK | TREASURER Trustee or director, Officer | 1 | $700 |
| TONI ALLEN | TRUSTEE Trustee or director | 0 | $0 |
| Stacy Bratcher | Trustee Trustee or director | 0 | $0 |
| Ed Hall | Trustee Trustee or director | 0 | $0 |
| Martin King | Trustee Trustee or director | 0 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GRANT HEINITZ | RISK MANAGER Key employee | 40 | $185,610 |
| ADRIANA MERTINAK | CONTROLLER Key employee | 40 | $166,036 |
| JILL DULICH | CLAIMS AND OPS. MANAGER Highest-paid employee | 32 | $138,596 |
| WILLIAM LYONS | CHAIRPERSON Trustee or director, Officer | 1 | $2,300 |
| JOHN SMOLK | TREASURER Trustee or director, Officer | 1 | $1,200 |
| TIM EAST | TRUSTEE Trustee or director | 0 | $0 |
| LYN ASIO BOOZ | DIRECTOR/DELEGATE Trustee or director | 0 | $0 |
| TONI ALLEN | TRUSTEE Trustee or director | 0 | $0 |
| STEVE TOLAN | TRUSTEE Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 555 12TH ST STE 680, OAKLAND, CA 94607-4093
- In care of
- % ADRIANA MERTINAK
- Principal officer (990 for 2024)
- WILLIAM LYONS, 555 12TH STREET SUITE 680, OAKLAND, CA 94607
- Signed the 990
- WILLIAM LYONS, CHAIRPERSON
- Phone
- (925) 627-1303
- Website
- WWW.SECURITYFUND.ORG
- Return prepared by
- BDO USA
California records
California keeps its own records of charities and corporations. Search them by EIN 68-0049924 or by the name SELF INSURERS SECURITY FUND.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
TO PROVIDE CONTINUITY OF WORKERS' COMPENSATION BENEFITS TO INJURED WORKERS OF INSOLVENT, PRIVATE SELF-INSURED COMPANIES AT THE LOWEST OVERALL LONG-TERM COST, EQUITABLY DISTRIBUTED TO THE SELF-INSURANCE COMMUNITY.
Program accomplishments
- ALTERNATIVE SECURITY PROGRAM ASSESSMENTS - SELF-INSURED CORPORATIONS MEETING CERTAIN MINIMUM CREDIT QUALITY STANDARDS ARE ASSESSED ANNUAL FEES FOR PARTICIPATION IN THE ASP PROGRAM IN LIEU OF POSTING A SECURITY DEPOSIT. THE ASP PROGRAM PROVIDES PROTECTION TO SELF-INSURED EMPLOYERS IN THE CASE OF ANY FUTURE DEFAULTS. SISF USES THE ASSESSMENTS TO PROVIDE FUNDS FOR ANY FUTURE DEFAULTS AND TO PURCHASE CATASTROPHE COVERAGE/HEDGE INSTRUMENTS FOR CERTAIN LOSS EXPOSURES ASSOCIATED WITH THE PROGRAM.
- SECURITY DEPOSITS AND RECOVERIES - SISF RECEIVES REVENUE FROM SURETY BONDS AND DEPOSITS WHEN THE ORGANIZATION ASSUMES, AS STIPULATED IN THE LABOR CODE, THE RESPONSIBILITY TO ADMINISTER THE FUNDS NECESSARY TO PAY WORKERS' COMPENSATION OBLIGATIONS AGAINST AN INSOLVENT SELF-INSURER.
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 68-0049924
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1985
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $905,651,511
- Income (IRS master file)
- $407,051,257
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $80,659,578 | $54,811,151 | $905,651,511 | IRS |
| 990 | June 2024 | $76,613,039 | $54,236,411 | $855,452,206 | IRS |
| 990 | June 2023 | $30,148,061 | $5,474,810 | $746,398,766 | IRS |
| 990 | June 2022 | $58,713,916 | $7,322,616 | $692,448,736 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 68-0049924).
Questions about SELF INSURERS SECURITY FUND
- What is the EIN of SELF INSURERS SECURITY FUND?
- The employer identification number (EIN) of SELF INSURERS SECURITY FUND is 68-0049924.
- Is SELF INSURERS SECURITY FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1985.
- Are donations to SELF INSURERS SECURITY FUND tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SELF INSURERS SECURITY FUND 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 SELF INSURERS SECURITY FUND due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SELF INSURERS SECURITY FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SELF INSURERS SECURITY FUND?
- The 990 for the year ended June 30, 2025 names WILLIAM LYONS.
- Who are the officers and directors of SELF INSURERS SECURITY FUND?
- The 990 for the year ended June 30, 2025 lists 11 people; 6 received compensation from the organization, the highest $204,631 (GRANT HEINTZ, DIRECTOR, MEMBER CREDIT RISK).
- How much revenue does SELF INSURERS SECURITY FUND have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $80,659,578, expenses of $54,811,151 and total assets of $905,651,511 at year end.
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