Workers Compensation Coordinating Council
- Assets
- $80.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Augusta, ME
- Founding
- 10/1994
- Data as of
- 12/2021
- EIN
- 01-0489601
Organization Overview
Workers Compensation Coordinating Council is located in Augusta, ME. The organization was established in 1994. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Workers Compensation Coordinating Council is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Workers Compensation Coordinating Council generated $28.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $34.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE PROMOTION OF THE COMMON BUSINESS INTEREST OF ITS WORKERS' COMPENSATION MEMBERS AND THE ADVANCEMENT OF A SOUND WORKERS' COMPENSATION INSURANCE SYSTEM IN THE STATE OF MAINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Brogan Secretary | 5 | $28,958 | |
Amy Webber Board Member | 0.25 | $0 | |
Ann Willette Board Member | 0.25 | $0 | |
Curtis Picard Board Member | 0.25 | $0 | |
Denise Joy Board Member | 0.25 | $0 | |
Dan Smith Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $28,000 |
| Investment income | $24 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $28,024 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,958 |
| Professional fees and other payments to independent contractors | $4,901 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $398 |
| Total expenses | $34,257 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $80,869 |
| Other assets | $0 |
| Total assets | $80,869 |
| Total liabilities | $0 |
| Net assets or fund balances | $80,869 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Hampshire Bankers Association Insurance Trust Concord, NH | $1,655,893 | $8,712,913 |
Main Insurance Agents Assoc Hallowell, ME | $944,580 | $941,041 |
New Hampshire Association Of Insurance Agents Inc Concord, NH | $1,259,818 | $644,627 |
Bangor Hydro-Electric Company Voluntary Employee Benefit Bangor, ME | $702,654 | $244 |
Maine Self Insurance Guaranty Association Cape Elizabeth, ME | $4,634,864 | $175,988 |
J W Robinson Welfare Trust Gardiner, ME | $1,373,333 | $66,048 |
Workers Compensation Coordinating Council Augusta, ME | $80,869 | $0 |
Claremont Youth Baseball & Softball Inc Claremont, NH | $25,931 | $0 |