Overview

Sign up for

Est.

1915

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Workers Compensation Rating & Inspection Bureau of Massachusetts (WCRIBMA) is a nonprofit unincorporated association of insurers, licensed by the Massachusetts Division of Insurance as a rating organization for workers' compensation insurance. With an operating budget of $14.6 million and total revenue of $16.1 million for the 2024 filing year, WCRIBMA plays a crucial role in the insurance sector within Massachusetts. The organization does not rely on a single funder for 50% or more of its revenue. For more information, visit www.wcribma.org.

Mission Statement

THE WORKERS' COMPENSATION RATING & INSPECTION BUREAU OF MASSASCHUSETTS (WCRIBMA) IS A NON-PROFIT UNINCORPORATED ASSOCIATION OF INSURERS THAT IS LICENSED BY THE MASSACHUSETTS DIVISION OF INSURANCE AS A RATING ORGANIZATION FOR WORKERS' COMPENSATION INSURANCE.
Revenues
$16.1M
Expenses
$14.6M
Net Income:
+$1.5M
Assets
$9.3M
Liabilities
$5.2M
Net Assets:
+$4M
Operating Budget
$14.6M
Operating Budget by Year

Due Diligence

Are you a grantmaker?
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
D
Daniel R Judson
Board Member
A
Aim Mutual Insurance Company
Board Member
A
Acadia Insurance Company
Board Member

Frequently Asked Questions

What is THE WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS’s budget?
In 2024, THE WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS reported an annual operating budget of around $14.6 million. More detailed financial information is available to registered users.
What causes does THE WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS support?
THE WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS supports work in Insurance.
Where does THE WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS operate?
THE WORKERS COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS is headquartered in Boston, MA.