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Filing year 2024

WORKERS' COMPENSATION INSUR RATING BUREAU OF CALIFORNIA

San Francisco, California·EIN 94-0358760·6
Total revenue
$44.1M
Total assets
$28.8M
Total expenses
$43.1M
Reported officers
27
Mission

TO PROMOTE THE PUBLIC WELFARE AND COOPERATE WITH THE INSURANCE COMMISSIONER OF THE STATE OF CALIFORNIA IN DETERMINING ADVISORY PURE PREMIUM RATES FOR WORKERS' COMPENSATION INSURANCE.

Executive compensation, broken down

Form 990 · Schedule J · 19 reported individuals · Filing year 2024

$1.5M
$1.5M
Base
$651k
Bonus
$184k
Other
$605k
Benefits
$12k
Executive Vice President - Ter
executive vice president
$558k
$592k
Base
$425k
Bonus
$104k
Other
Benefits
$12k
Executive Vice President/coo
$534k
$566k
Base
$400k
Bonus
$92k
Other
Benefits
$25k
Vice President/ Actuary
$445k
$472k
Base
$375k
Bonus
$35k
Other
Benefits
$18k
Senior Vice President/cio
$400k
$424k
Base
$305k
Bonus
$54k
Other
Benefits
$24k
Senior Vice President/clo
$373k
$395k
Base
$280k
Bonus
$53k
Other
Benefits
$23k
Sr. Dir, IT Infrs Ops & Suppor
key employee
$336k
$356k
Base
$270k
Bonus
$23k
Other
Benefits
$29k
Vice President, Actuarial Rese
vice president
$335k
$355k
Base
$279k
Bonus
$30k
Other
Benefits
$12k
Vice President, Data Analytics
vice president
$335k
$355k
Base
$284k
Bonus
$33k
Other
Benefits
$2k
Managing Director Finance
$286k
$304k
Base
$227k
Bonus
$27k
Other
Benefits
$20k
Sr. Director, IT Applications
chief information officer
$286k
$303k
Base
$228k
Bonus
$17k
Other
Benefits
$28k
Director, Enterprise Data Mgmn
highest compensated employee
$271k
$287k
Base
$213k
Bonus
$18k
Other
Benefits
$29k
Managing Counsel
key employee
$267k
$282k
Base
$210k
Bonus
$21k
Other
Benefits
$24k
Director/enterprise Data Stewa
highest compensated employee
$264k
$280k
Base
$216k
Bonus
$14k
Other
Benefits
$23k
Senior Applications Architect
highest compensated employee
$264k
$280k
Base
$216k
Bonus
$13k
Other
Benefits
$24k
Managing Director, Cust Exp
key employee
$248k
$263k
Base
$202k
Bonus
$23k
Other
Benefits
$11k
Research Actuary
highest compensated employee
$248k
$263k
Base
$220k
Bonus
$15k
Other
Benefits
$1k
Managing Director, Cta & C
key employee
$247k
$261k
Base
$205k
Bonus
$22k
Other
Benefits
$8k
Director, Human Resources
key employee
$216k
$229k
Base
$158k
Bonus
$14k
Other
Benefits
$34k

Teal figures restate each filed amount in 2026 dollars.

Estimated with San Francisco-Oakland-Hayward, CA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Up 23%
from 2023

From $1.2M in 2023 to $1.5M in 2024.

$1.2M
2023
$1.5M
2024
In today's dollarsEst.
Up 20% in real terms$1.3M to $1.5M

Estimated with San Francisco-Oakland-Hayward, CA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

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

Revenue and expenses over time

WORKERS' COMPENSATION INSUR RATING BUREAU OF CALIFORNIA reported revenue and expenses across 2 filing years.

RevenueExpenses
$42.8M
$42.3M
2023
$44.1M
$43.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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