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Filing year 2023

WASHINGTON EDUCATION ASSOCIATION RATE STABILIZATION RESERVE TRUST

Federal Way, Washington·EIN 91-1612390·501(c)(9)
Total revenue
$14k
Total assets
$1.3M
Total expenses
$140k
Reported officers
10
Mission

TO MANAGE EXPERIENCE SURPLUSES IN ORDER TO STABILIZE INSURANCE RATES FOR THE BENEFIT OF MEMBERS OF THE PARTICIPATING PLANS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

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

Executive Di
Above 90th percentile
$418k
Base
$265k
Bonus
—
Other
—
Benefits
$45k
CFO - Wea
Above 90th percentile
$401k
Base
$264k
Bonus
—
Other
—
Benefits
$29k
President-we
75th to 90th percentile
$210k
Base
$190k
Bonus
—
Other
—
Benefits
$6k
Vice Preside
Vice President
75th to 90th percentile
$187k
Base
$173k
Bonus
—
Other
—
Benefits
$3k

Plus 6 unpaid individuals.

Down 3%
from 2022

From $431k in 2022 to $418k in 2023.

$431k
2022
$418k
2023
Pay for the position

Chief Executive Officer pay rose 7% from 2022 to 2023, while revenue rose 37%.

$391k in 2022 to $418k in 2023.
  • Chief Financial Officer pay fell 7% from 2022 to 2023.
  • Vice President pay fell 2% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

WASHINGTON EDUCATION ASSOCIATION RATE STABILIZATION RESERVE TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$11k
$284k
2022
$14k
$140k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about WASHINGTON EDUCATION ASSOCIATION RATE STABILIZATION RESERVE TRUST

What does the Chief Executive Officer of WASHINGTON EDUCATION ASSOCIATION RATE STABILIZATION RESERVE TRUST earn?

In 2023, the Chief Executive Officer of WASHINGTON EDUCATION ASSOCIATION RATE STABILIZATION RESERVE TRUST received $417,910 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 WASHINGTON EDUCATION ASSOCIATION RATE STABILIZATION RESERVE TRUST compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at WASHINGTON EDUCATION ASSOCIATION RATE STABILIZATION RESERVE TRUST falls in the top 10%.

What are WASHINGTON EDUCATION ASSOCIATION RATE STABILIZATION RESERVE TRUST's revenue and expenses?

In 2023, WASHINGTON EDUCATION ASSOCIATION RATE STABILIZATION RESERVE TRUST reported $14k in total revenue and $140k in total expenses on its IRS Form 990.

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