California Workers Compensation Institute
- Assets
- $13.1m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 18
- Location
- Oakland, CA
- Founding
- 06/1965
- Data as of
- 12/2023
- EIN
- 94-1591595
Organization Overview
California Workers Compensation Institute is located in Oakland, CA. The organization was established in 1965. According to its NTEE Classification (Y05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2023, California Workers Compensation Institute employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Workers Compensation Institute 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, California Workers Compensation Institute generated $4.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $4.3m during the year ending 12/2023. While expenses have increased by 2.1% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
RESEARCH, COMMUNICATION, REPRESENTATION & EDUCATION TO IMPROVE CA WORKERS' COMP SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CALIFORNIA WORKERS' COMPENSATION INSTITUTE (CWCI) HAS 23 MEMBER INSURERS (APPROXIMATELY 76% OF CA WORKERS' COMPENSATION MARKET) AND 29 ASSOCIATE MEMBERS (SELF-INSUREDS). CWCI'S PRIMARY FUNCTION IS TO GENERATE RELIABLE, OBJECTIVE DATA THAT CAN BE USED TO IDENTIFY AND MONITOR SYSTEMWIDE TRENDS, AND TO ANALYZE KEY ISSUES OF INTEREST TO THE WORKERS' COMPENSATION COMMUNITY AND PUBLIC POLICYMAKERS. TOWARDS THAT END, IN 2023, CWCI'S MAJOR ACCOMPLISHMENTS INCLUDED: 1) PRODUCED AND DISTRIBUTED OVER 300 PLUS PUBLICATIONS INCLUDING BULLETINS, RESEARCH REPORTS, EXECUTIVE MEMOS, EXECUTIVE BRIEFINGS, SIGNIFICANT DECISIONS, REGULATORY COMMENTS, AND REGULATORY TRACKER, WHICH ARE ALL AVAILABLE TO ITS MEMBERS VIA THE WEBSITE - WWW.CWCI.ORG; 2) CONDUCTED EDUCATIONAL PROGRAM ON THE ANNUAL WORKERS' COMPENSATION CASE LAW: 2023 UPDATE; 3) FILED AMICUS BRIEF; 4) PRESENTED (VIRTUAL) CWCI RESEARCH AT NUMEROUS MEMBER-RELATIONS MEETINGS, PUBLIC HEARINGS, INDUSTRY MEETINGS AND FORUMS; AND 5) PROCESSED AND SHIPPED 284 ORDERS OF PAMPHLETS, POSTING NOTICES, CLAIM FORMS, RESEARCH STUDIES, AND SEMINAR MANUALS. IN ADDITION, CWCI ENHANCED ITS UNIQUE INTERACTIVE DATA APPLICATIONS AVAILABLE TO BOTH THE MEMBERS AND TO THE PUBLIC. THE PUBLIC APPLICATION ALLOWS USERS TO EXAMINE DATA ON COVID-19 AND NON-COVID-19 CLAIMS IN THE CALIFORNIA WORKERS' COMPENSATION SYSTEM. THE MEMBER APPLICATIONS USE DATA FROM CWCI'S INDUSTRY RESEARCH INFORMATION SYSTEM (IRIS) TO PROVIDE INFORMATION ON CLAIM PAYMENT TRENDS, REGIONAL VARIATION, AND MEDICAL UTILIZATION. CWCI CONTINUES TO ASSIST ITS MEMBERS IN ASSESSING THEIR OPERATIONS COMPARED TO THE INDUSTRY AS A WHOLE. THE ORGANIZATION HAS A BOARD OF DIRECTORS, EXECUTIVE COMMITTEE, AUDIT COMMITTEE, NOMINATING COMMITTEE, AND THREE STANDING COMMITTEES (CLAIMS, MEDICAL CARE, AND LEGAL COMMITTEES), WHICH TYPICALLY MEET ON A QUARTERLY BASIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Hansen Acting Chair | OfficerTrustee | 1 | $0 |
Sharon Thaler Chair (thru 11/08/23) | OfficerTrustee | 1 | $0 |
Eric Belk Director | Trustee | 1 | $0 |
Martin Brady Director | Trustee | 1 | $0 |
Mary Capelli-Schellpfeffer Director | Trustee | 1 | $0 |
Christine Closser Director (thru 03/08/23) | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,545,596 |
| Investment income | $191,256 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $34,079 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,771,931 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,242,968 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,615,584 |
| Pension plan accruals and contributions | $222,077 |
| Other employee benefits | $169,302 |
| Payroll taxes | $164,869 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $423 |
| Fees for services: Accounting | $69,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $32,209 |
| Information technology | $124,560 |
| Royalties | $0 |
| Occupancy | $334,800 |
| Travel | $65,261 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $65,407 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,354 |
| Insurance | $34,819 |
| All other expenses | $0 |
| Total functional expenses | $4,267,955 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $883,028 |
| Savings and temporary cash investments | $7,460,685 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $25,197 |
| Prepaid expenses and deferred charges | $44,628 |
| Net Land, buildings, and equipment | $68,276 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,627,558 |
| Total assets | $13,113,372 |
| Accounts payable and accrued expenses | $576,791 |
| Grants payable | $0 |
| Deferred revenue | $1,316,445 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,853,584 |
| Total liabilities | $6,746,820 |
| Net assets without donor restrictions | $6,366,552 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,113,372 |