Workers Compensation Coordinating Council
- Assets
- $98.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Augusta, ME
- Founding
- 10/1994
- Data as of
- 12/2023
- 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 12/2023, Workers Compensation Coordinating Council generated $46.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $36.3k during the year ending 12/2023. While expenses have increased by 1.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
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 |
|---|---|---|---|
Cheryl Russel President | 1 | $0 | |
Dan Smith Vice Chair | 0.25 | $0 | |
Tom Brown Treasurer | 0.5 | $0 | |
Elizabeth Brogan Secretary | 5 | $30,809 | |
Lisa Burgess Board Member | 0.25 | $0 | |
David Cariglia 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 | $46,800 |
| Investment income | $26 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,826 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,809 |
| Professional fees and other payments to independent contractors | $4,863 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $604 |
| Total expenses | $36,276 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $98,416 |
| Other assets | $0 |
| Total assets | $98,416 |
| Total liabilities | $0 |
| Net assets or fund balances | $98,416 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Hampshire Bankers Association Insurance Trust Concord, NH | $848,132 | $8,474,963 |
Main Insurance Agents Assoc Hallowell, ME | $1,157,243 | $1,093,668 |
Bangor Hydro-Electric Company Voluntary Employee Benefit Bangor, ME | $36,700 | $2,162 |
New Hampshire Association Of Insurance Agents Inc Concord, NH | $1,331,156 | $706,949 |
Maine Self Insurance Guaranty Association Cape Elizabeth, ME | $4,352,275 | $159,277 |
J W Robinson Welfare Trust Gardiner, ME | $1,304,684 | $81,633 |
Workers Compensation Coordinating Council Augusta, ME | $98,416 | $0 |
Claremont Youth Baseball & Softball Inc Claremont, NH | $25,931 | $0 |