**SEE SCHEDULE O**THE ORGANIZATION IS DESCRIBED IN IRC SECTION 501(C)(9) AS A VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION THAT RECEIVES AND HOLDS IN TRUST AMOUNTS CONTRIBUTED BY THE EMPLOYER AT ITS DISCRETION, OR BY COVERED INDIVIDUALS IN THE PLAN TO FUND ITS OBLIGATION TO PROVIDE MEDICAL BENEFITS. ON DECEMBER 31, 2004, THE TRUST ACCOUNT FOR THE ORGANIZATION WAS ESTABLISHED BY ITS RELATED TAX EXEMPT ORGANIZATION, THE WORKERS' COMPENSATION RATING AND INSPECTION BUREAU OF MASSACHUSETTS (THE WCRIBMA).
Executive compensation
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.
| Position | Total |
|---|---|
Trustee Board Member Above 90th percentile | $114k $122k |
Trustee Board Member 75th to 90th percentile | $93k $99k |
Trustee Board Member 75th to 90th percentile | $81k $87k |
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.
Top pay as a share of expenses
In 2024, the highest total compensation at WCRIBMA - VEBA equaled 57% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 3%
from 2023
From $111k in 2023 to $114k in 2024.
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.
Board Member pay rose 3% from 2023 to 2024, while revenue rose 14%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about WCRIBMA - VEBA
What does the Board Member of WCRIBMA - VEBA earn?
In 2024, the Board Member of WCRIBMA - VEBA received $114,482 in total compensation. This pay is in the top 10% for Board Member roles among Mutual & Membership Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board Member pay at WCRIBMA - VEBA compare with similar nonprofits?
Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Board Member at WCRIBMA - VEBA falls in the top 10%. In 2024, the highest total compensation at WCRIBMA - VEBA equaled 57% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
What are WCRIBMA - VEBA's revenue and expenses?
In 2024, WCRIBMA - VEBA reported $210k in total revenue and $202k in total expenses on its IRS Form 990.
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