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Filing year 2023

Woods Services Workers' Compensation Trust

Langhorne, Pennsylvania·EIN 23-2407907·4
Total revenue
$2.4M
Total assets
$2.8M
Total expenses
$3.2M
Reported officers
5
Mission

THE TRUST IS TO BE USED EXCLUSIVELY TO SUPPORT AND BENEFIT WOODS SERVICES, INC. BY SERVING AS A REPOSITORY FOR WOODS' FUNDS IN ORDER TO MEET ITS OBLIGATIONS TO PROVIDE WORKERS' COMPENSATION BENEFITS TO ITS EMPLOYEES.

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2023

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

Ex-officio (woods-ceo)
Officer (Unspecified)
$27k
$30k
Trustee (woods-svp of Hr)
Board Member
25th percentile to median
$12k
$14k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Up 21%
from 2022

From $22k in 2022 to $27k in 2023.

$22k
2022
$27k
2023
In today's dollarsEst.
Up 16% in real terms$26k to $30k

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay fell 45% from 2022 to 2023, while revenue rose 29%.

$22k in 2022 to $12k 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

Woods Services Workers' Compensation Trust reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.9M
$2.9M
2022
$2.4M
$3.2M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Woods Services Workers' Compensation Trust

What does the Board Member of Woods Services Workers' Compensation Trust earn?

In 2023, the Board Member of Woods Services Workers' Compensation Trust received $12,236 in total compensation. This pay is below the median (the midpoint) for Board Member roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at Woods Services Workers' Compensation Trust compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at Woods Services Workers' Compensation Trust falls between the 25th percentile and the median.

What are Woods Services Workers' Compensation Trust's revenue and expenses?

In 2023, Woods Services Workers' Compensation Trust reported $2.4M in total revenue and $3.2M in total expenses on its IRS Form 990.

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