THE WCSF WAS ESTABLISHED BY THE NEW JERSEY LEGISLATURE IN 1935 TO PAYTHE CLAIMS OF INSOLVENT WORKERS' COMPENSATION INSURANCE CARRIERSARISING FROM THE COVERAGE OF RISKS LOCATED OR RESIDENT IN NEW JERSEY.CARRIERS AUTHORIZED TO TRANSACT THE BUSINESS OF WORKERS' COMPENSATIONINSURANCE IN NEW JERSEY CONTRIBUTE TO THE WCSF.
Executive compensation
Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.
| Position | Total |
|---|---|
Asst Dir of Compliance & IT Highest Compensated Employee Below 10th percentile | $39k $42k |
Dir. of Compliance & IT Officer (Unspecified) | $36k $39k |
Special Counsel Former Officer/director/trustee 25th percentile to median | $35k $38k |
Chief Executive Officer 10th to 25th percentilevs Community Improvement & Capacity Building peers in New Jersey | $34k $37k |
Deputy Director of Claims Highest Compensated Employee Below 10th percentile | $31k $34k |
Software Develop. Manager Highest Compensated Employee Below 10th percentile | $30k $33k |
Special Projects Coordinator Former Officer/director/trustee 25th percentile to median | $29k $31k |
Director of Claims Director (Operational) 10th to 25th percentile | $28k $31k |
Director of Human Resources Director (Operational) 10th to 25th percentile | $25k $27k |
Director of Operations Below 10th percentile | $15k $17k |
Asst General Counsel Highest Compensated Employee Below 10th percentile | $14k $15k |
Director of Siu Highest Compensated Employee Below 10th percentile | $13k $14k |
Director of Finance 10th to 25th percentile | $12k $13k |
General Counsel Officer (Unspecified) | $3k $4k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 9 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2024, the highest total compensation at WORKERS COMPENSATION SECURITY FUND equaled 0.1% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 9%
from 2023
From $36k in 2023 to $39k in 2024.
Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Highest Compensated Employee pay rose 13% from 2023 to 2024, while revenue rose 16%.
- Former Officer/director/trustee pay rose 15% from 2023 to 2024.
- Chief Executive Officer pay fell 1% from 2023 to 2024.
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 WORKERS COMPENSATION SECURITY FUND
What does the Highest Compensated Employee of WORKERS COMPENSATION SECURITY FUND earn?
In 2024, the Highest Compensated Employee of WORKERS COMPENSATION SECURITY FUND received $39,042 in total compensation. This pay is in the bottom 10% for Highest Compensated Employee roles among Community Improvement & Capacity Building organizations nationwide: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.
How does Highest Compensated Employee pay at WORKERS COMPENSATION SECURITY FUND compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2024 pay of the Highest Compensated Employee at WORKERS COMPENSATION SECURITY FUND falls in the bottom 10%. In 2024, the highest total compensation at WORKERS COMPENSATION SECURITY FUND equaled 0.1% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are WORKERS COMPENSATION SECURITY FUND's revenue and expenses?
In 2024, WORKERS COMPENSATION SECURITY FUND reported $38.8M in total revenue and $26.5M in total expenses on its IRS Form 990.
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