WORKERS COMPENSATION RESEARCH INSTITUTE Charity Report

Public IRS 990 nonprofit record

WORKERS COMPENSATION RESEARCH INSTITUTE

EIN 36-3264285 · Mutual & Membership Benefit (Y20E)

What they do

THE PRIMARY EXEMPT PURPOSE of THE ORGANIZATION is to PERFORM INDEPENDENT RESEARCH and CONDUCT OBJECTIVE STUDIES and ANALYSES to PROVIDE OBJECTIVE, CREDIBLE, HIGH-QUALITY RESEARCH and INFORMATION ON PUBLIC POLICY ISSUES INVOLVING WORKERS COMPENSATION SYSTEMS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $85.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders26 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

89.47%of revenue went to mission work85.5% of expenses · Program services

$104.61spent for every $100 of revenueSpending was higher than revenue this year.

15.14%of revenue went to management and office costs14.5% of expenses

$1.82in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $373,132 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $594,655 for RAMONA TANABE (PRESIDENT AND CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$8,089,459

Mission workProgram services$7,237,96689.47% of revenue85.5% of expenses

ManagementOffice and general costs$1,224,62515.14% of revenue14.5% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$8,462,591104.61% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

The current filing is first. Each bar compares annual spending reported for mission work, management, and fundraising.

2024Current85.5% mission · 14.5% management · 0.0% fundraising

202383.9% mission · 16.1% management · 0.0% fundraising

202281.2% mission · 18.8% management · 0.0% fundraising

202183.2% mission · 16.8% management · 0.0% fundraising

202084.0% mission · 16.0% management · 0.0% fundraising

201984.9% mission · 15.1% management · 0.0% fundraising

201887.6% mission · 12.4% management · 0.0% fundraising

201787.4% mission · 12.6% management · 0.0% fundraising

Money in and money out

Revenue$8,089,459

Expenses$8,462,591

Annual shortfall $373,132 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$7,237,966 · 85.5% of expenses

Management and office costs$1,224,625 · 14.5% of expenses

See all reported dollar amounts

Revenue$8,089,459

Expenses$8,462,591

Assets$15,382,908

Income$12,626,460

Mission work (program services)$7,237,966

Management and general$1,224,625

Stocks and bonds$10,263,330

Accounting fees$180,624

Investing fees$80,783

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

RAMONA TANABEPRESIDENT AND CEO · 40 hrs/week $594,655Base $510,871 · Other $83,784

SEBASTIAN NEGRUSAVICE PRESIDENT OF RESEARCH · 40 hrs/week $338,301Base $272,794 · Other $65,507

ERIC HARRISIONDATA DEVELOPMENT DIRECTOR · 40 hrs/week $250,933Base $192,213 · Other $58,720

ANDREW KENNEALLYCOMMUNICATIONS DIRECTOR · 40 hrs/week $226,306Base $198,208 · Other $28,098

KATHLEEN FISHERDIRECTOR OF EXTERNAL RELATIONS · 40 hrs/week $225,505Base $171,000 · Other $54,505

RUI YANGSENIOR PUBLIC POLIC ANALYS · 40 hrs/week $201,869Base $181,339 · Other $20,530

OLESYA FOMENKOECONOMIST · 40 hrs/week $198,594Base $179,257 · Other $19,337

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (26)

RAMONA TANABEPRESIDENT AND CEO

SEBASTIAN NEGRUSAVICE PRESIDENT OF RESEARCH

ERIC HARRISIONDATA DEVELOPMENT DIRECTOR

ANDREW KENNEALLYCOMMUNICATIONS DIRECTOR

KATHLEEN FISHERDIRECTOR OF EXTERNAL RELATIONS

RUI YANGSENIOR PUBLIC POLIC ANALYS

OLESYA FOMENKOECONOMIST

KIMBERLY GEORGEDIRECTOR

WAYNE HAMILTONDIRECTOR

STEVEN A BENNETTDIRECTOR

BERNIE ROSAUERDIRECTOR

RICHARD IVESVICE CHAIRPERSON

CATHEY JACKSONDIRECTOR

PAUL KEARNEYDIRECTOR

NICOLAS NARDINIDIRECTOR

NEIL DEBLOCKDIRECTOR

DIANA HAVENDIRECTOR

KEVIN BRADYDIRECTOR

ADNAN PATHANDIRECTOR

JUSTIN ROMINEDIRECTOR

JOSEPH WELLSDIRECTOR

JON STEWARTTREASURER

JOAN VINCENZCHAIRPERSON

IRINA SIMPSONDIRECTOR

DEBRA KANEDIRECTOR

DOUGLAS ANDERSONDIRECTOR

About this charity

Recognized since: January 1986
Location: 610 LINCOLN STREET 100, WALTHAM, MA 02451
County: Middlesex
In care of: RAMONA TANABE
Primary officer: RAMONA TANABE, PRESIDENT AND CEO

How to reach them

WebsiteVisit the charity’s website Phone(617) 661-9274

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: DAVIES & MONAHAN PC
NTEE classification: Mutual & Membership Benefit (Y20E)