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Filing year 2023

THE WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS

Boston, Massachusetts·EIN 04-1591010·501(c)(6)
Total revenue
$15.9M
Total assets
$10.5M
Total expenses
$13.8M
Reported officers
23

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
Above 90th percentile
$532k
$586k
Base
$346k
Bonus
$100k
Other
$2k
Benefits
$14k
VP & Actuary
Vice President
Above 90th percentile
$459k
$505k
Base
$347k
Bonus
$48k
Other
Benefits
$31k
VP Customer Service
Vice President
Above 90th percentile
$355k
$391k
Base
$244k
Bonus
Other
Benefits
$40k
VP CIO
Chief Information Officer
75th to 90th percentile
$353k
$389k
Base
$236k
Bonus
Other
Benefits
$41k
AVP Actuary/data Ops. Dir.
Key Employee
75th to 90th percentile
$315k
$347k
Base
$251k
Bonus
Other
Benefits
$14k
Vp, CFO
Above 90th percentile
$311k
$343k
Base
$230k
Bonus
Other
Benefits
$41k
Senior Actuarial Analyst
Highest Compensated Employee
Median to 75th percentile
$189k
$208k
Base
$118k
Bonus
Other
Benefits
$41k
Software Dev. Manager
Highest Compensated Employee
Median to 75th percentile
$189k
$208k
Base
$147k
Bonus
Other
Benefits
$13k
Residual Mkt Pool Specialist
Highest Compensated Employee
Median to 75th percentile
$186k
$205k
Base
$111k
Bonus
Other
Benefits
$39k
Network Administrator
Highest Compensated Employee
Median to 75th percentile
$184k
$203k
Base
$157k
Bonus
Other
Benefits
$2k
Customer Services Manager
Highest Compensated Employee
Median to 75th percentile
$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.

FAQ

Common questions about THE WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS

What does the Chief Executive Officer of THE WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS earn?

In 2023, the Chief Executive Officer of THE WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS received $531,680 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at THE WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS falls in the top 10%.

What are THE WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS's revenue and expenses?

In 2023, THE WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS reported $15.9M in total revenue and $13.8M in total expenses on its IRS Form 990.

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