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Filing year 2023

THE WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS

Boston, Massachusetts·EIN 04-1591010·6
Total revenue
$15.9M
Total assets
$10.5M
Total expenses
$13.8M
Reported officers
23

Executive compensation, broken down

Form 990 · Schedule J · 11 reported individuals · Filing year 2023

$532k
$586k
Base
$346k
Bonus
$100k
Other
$2k
Benefits
$14k
VP & Actuary
vice president
$459k
$505k
Base
$347k
Bonus
$48k
Other
Benefits
$31k
VP Customer Service
vice president
$355k
$391k
Base
$244k
Bonus
Other
Benefits
$40k
VP CIO
chief information officer
$353k
$389k
Base
$236k
Bonus
Other
Benefits
$41k
AVP Actuary/data Ops. Dir.
key employee
$315k
$347k
Base
$251k
Bonus
Other
Benefits
$14k
$311k
$343k
Base
$230k
Bonus
Other
Benefits
$41k
Senior Actuarial Analyst
highest compensated employee
$189k
$208k
Base
$118k
Bonus
Other
Benefits
$41k
Software Dev. Manager
highest compensated employee
$189k
$208k
Base
$147k
Bonus
Other
Benefits
$13k
Residual Mkt Pool Specialist
highest compensated employee
$186k
$205k
Base
$111k
Bonus
Other
Benefits
$39k
Network Administrator
highest compensated employee
$184k
$203k
Base
$157k
Bonus
Other
Benefits
$2k
Customer Services Manager
highest compensated employee
$181k
$199k
Base
$125k
Bonus
Other
Benefits
$23k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 unpaid individuals.

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