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Filing year 2023

WASHOE COUNTY SCHOOL DISTRICT OPEB TRUST

Reno, Nevada·EIN 26-2800962·NTEE Y43 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$20.7M
Total assets
$92.2M
Total expenses
$12.5M
Reported officers
4
Mission

THE WASHOE COUNTY SCHOOL DISTRICT OPEB TRUST WAS ESTABLISHED TO PROVIDE A TAX-EXEMPT FUNDING VEHICLE FOR HEALTH BENEFITS PROVIDED TO RETIREES OF WASHOE COUNTY SCHOOL DISTRICT, INCLUDING HEALTH INSURANCE COVERAGE, CONTRIBUTIONS TO THE NEVADA PUBIC EMPLOYEES BENEFITS PROGRAM FOR RETIREES, LIFE INSURANCE COVERAGE, DENTAL BENEFIT COVERAGE, AND VISION BENEFIT COVERAGE. WASHOE COUNTY SCHOOL DISTRICT WILL MAKE CONTRIBUTIONS TO THE TRUST FUND FOR THESE BENEFITS, AND THE TRUST FUND WILL MAKE PAYMENTS FOR THESE BENEFITS FOR THE ELIGIBLE RETIREES OF THE DISTRICT. THE TRUST FUND ASSETS ALSO MAY BE USED TO PAY FOR THE ADMINISTRATIVE EXPENSES OF MAINTAINING THE TRUST FUND.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.

CFO
Median to 75th percentile
$68k
$75k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at WASHOE COUNTY SCHOOL DISTRICT OPEB TRUST equaled 0.5% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2023)
0.5%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Held steady
from 2022

From $68k in 2022 to $68k in 2023.

$68k
2022
$68k
2023
In today's dollarsEst.
Down 4% in real terms$78k to $75k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Financial Officer pay held roughly steady from 2022 to 2023, while revenue rose 122%.

$68k in 2022 to $68k in 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

WASHOE COUNTY SCHOOL DISTRICT OPEB TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$9.3M
$7M
2022
$20.7M
$12.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Mutual & Membership Benefit executives earn

Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $26,876.

25th percentile
$5k
Median
$26,876
75th percentile
$87k
90th percentile
$209k

These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 1,359 organizations across 1,359 filings (2021 – 2024).

See full Mutual & Membership Benefit compensation data
FAQ

Common questions about WASHOE COUNTY SCHOOL DISTRICT OPEB TRUST

What does the Chief Financial Officer of WASHOE COUNTY SCHOOL DISTRICT OPEB TRUST earn?

In 2023, the Chief Financial Officer of WASHOE COUNTY SCHOOL DISTRICT OPEB TRUST received $68,332 in total compensation. This pay is above the median (the midpoint) for Chief Financial Officer roles among Mutual & Membership Benefit organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at WASHOE COUNTY SCHOOL DISTRICT OPEB TRUST compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2023 pay of the Chief Financial Officer at WASHOE COUNTY SCHOOL DISTRICT OPEB TRUST falls between the median and the 75th percentile. In 2023, the highest total compensation at WASHOE COUNTY SCHOOL DISTRICT OPEB TRUST equaled 0.5% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are WASHOE COUNTY SCHOOL DISTRICT OPEB TRUST's revenue and expenses?

In 2023, WASHOE COUNTY SCHOOL DISTRICT OPEB TRUST reported $20.7M in total revenue and $12.5M in total expenses on its IRS Form 990.

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