2025-11-03T12:01:22-06:00 2025-06-30 043245662 DAVIES & MONAHAN PC 1 BATTERYMARCH PARK SUITE 101 QUINCY MA 02169 990 2024-07-01 363264285 WORKERS COMPENSATION RESEARCH INSTITUTE WORK 6176619274 610 LINCOLN STREET 100 WALTHAM MA 02451 RAMONA TANABE PRESIDENT AND CEO 6176619274 2025-10-28 1 0 KELLY A MCLAUGHLIN P00088611 6177699600 2024 2025-03-06 01:10:19Z RAMONA TANABE 610 LINCOLN STREET 100 WALTHAM MA 02451 12626460 0 X WWW.WCRINET.ORG X 1983 MA 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. 19 19 33 0 0 0 0 0 7458265 7611714 394342 477745 0 0 7852607 8089459 0 0 0 0 5638989 5790637 0 0 0 3038483 2671954 8677472 8462591 -824865 -373132 15006395 15382908 3833444 3987543 11172951 11395365 THE PRIMARY MISSION OF THE ORGANIZATION IS TO BE A CATALYST FOR SIGNIFICANT IMPROVEMENTS IN WORKERS' COMPENSATION SYSTEMS, PROVIDING THE PUBLIC WITH OBJECTIVE, CREDIBLE, HIGH-QUALITY RESEARCH ON IMPORTANT PUBLIC POLICY ISSUES. 0 0 7237966 7611714 THE INSTITUTE WAS ESTABLISHED TO GATHER, ANALYZE, AND DISSEMINATE RELIABLE INFORMATION TO LEGISLATORS, ADMINISTRATORS, TASK FORCES, AND INDUSTRY GROUPS INTERESTED IN IMPROVING WORKERS' COMPENSATION SYSTEMS. 7237966 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 29 0 1 33 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 1 1 1 0 MA X RAMONA TANABE CO WCRI 6176619274 610 LINCOLN STREET SUITE 100 WALTHAM MA 02451 PAUL KEARNEY DIRECTOR 0.00 X 0 0 0 WAYNE HAMILTON DIRECTOR 0.00 X 0 0 0 CATHEY JACKSON DIRECTOR 0.00 X 0 0 0 IRINA SIMPSON DIRECTOR 0.00 X 0 0 0 DEBRA KANE DIRECTOR 0.00 X 0 0 0 ADNAN PATHAN DIRECTOR 0.00 X 0 0 0 DIANA HAVEN DIRECTOR 0.00 X 0 0 0 JOSEPH WELLS DIRECTOR 0.00 X 0 0 0 KIMBERLY GEORGE DIRECTOR 0.00 X 0 0 0 RICHARD IVES VICE CHAIRPERSON 0.00 X 0 0 0 JON STEWART TREASURER 0.00 X 0 0 0 NICOLAS NARDINI DIRECTOR 0.00 X 0 0 0 DOUGLAS ANDERSON DIRECTOR 0.00 X 0 0 0 KEVIN BRADY DIRECTOR 0.00 X 0 0 0 JOAN VINCENZ CHAIRPERSON 0.00 X 0 0 0 NEIL DEBLOCK DIRECTOR 0.00 X 0 0 0 STEVEN A BENNETT DIRECTOR 0.00 X 0 0 0 JUSTIN ROMINE DIRECTOR 0.00 X 0 0 0 BERNIE ROSAUER DIRECTOR 0.00 X 0 0 0 RAMONA TANABE PRESIDENT AND CEO 40.00 X 510871 0 83784 SEBASTIAN NEGRUSA VICE PRESIDENT OF RESEARCH 40.00 X 272794 0 65507 ANDREW KENNEALLY COMMUNICATIONS DIRECTOR 40.00 X 198208 0 28098 RUI YANG SENIOR PUBLIC POLIC ANALYS 40.00 X 181339 0 20530 ERIC HARRISION DATA DEVELOPMENT DIRECTOR 40.00 X 192213 0 58720 KATHLEEN FISHER DIRECTOR OF EXTERNAL RELATIONS 40.00 X 171000 0 54505 OLESYA FOMENKO ECONOMIST 40.00 X 179257 0 19337 1705682 0 330481 23 0 1 0 MILLIMAN USA ONE PENNSYLVANIA PLAZA NEW YORK NY 10019 DATA PROCESSING 467389 TECHNICAL AUTOMATION 319 LITTLETON ROAD SUITE 300 WESTFORD MA 01886 COMPUTER CONSULTANT 467226 DAVIES & MONAHAN PC 1 BATTERYMARCH PARK SUITE 101 QUINCY MA 02169 ACCOUNTANT 110208 RANDALL D LEA MD PO BOX 87132 BATON ROUGE LA 70879 RESEARCH CONSULTANT 109457 0 MEMBERSHIP DUES 900099 7330025 7330025 CONFERENCE REVENUES 900099 263680 263680 PUBLICATIONS SALES 900099 18009 18009 7611714 340641 340641 4674105 4537001 137104 137104 137104 8089459 7611714 0 477745 932956 805638 127318 3797143 3278958 518185 301521 260373 41148 438604 378749 59855 320413 276687 43726 180624 155975 24649 80783 80783 313244 270497 42747 57676 49805 7871 933981 806523 127458 193378 166988 26390 115860 100049 15811 180000 155436 24564 195202 168563 26639 98382 84956 13426 BAD DEBT 231851 200211 31640 SUBSCRIPTIONS DUES AND 61064 52731 8333 LOSS ON DISPOSAL OF FIX 29909 25827 4082 8462591 7237966 1224625 0 939497 2001587 112386 43498 152836 153019 354389 655215 2919861 1249378 554495 1670483 12147856 10263330 744936 595776 15006395 15382908 976149 1077098 2120636 2325778 736659 584667 3833444 3987543 X 11172951 11395365 11172951 11395365 15006395 15382908 -373132 595546 0 X X 0 1 X 1 0 X 7203164 7234069 6985211 7059243 7330025 35811712 105651 221216 317585 399022 281689 1325163 7308815 7455285 7302796 7458265 7611714 37136875 0 3410710 3315282 3227046 3388101 3418590 16759729 3410710 3315282 3227046 3388101 3418590 16759729 20377146 329060 405899 407888 387134 340641 1870622 329060 405899 407888 387134 340641 1870622 7637875 7861184 7710684 7845399 7952355 39007497 0.52240 0.52400 0.04800 0.04690 X 2919861 1249378 1670483 1670483 LEASE LIABILITY 584667 584667 X 8604218 595546 595546 8008672 80787 80787 8089459 8381804 0 8381804 80787 80787 8462591 PART X, LINE 2: UNDER FASB ASC 740 INCOME TAXES, THE ORGANIZATION RECOGNIZES THE TAX BENEFIT OF TAX POSITIONS TO THE EXTENT THAT THE BENEFIT WILL MORE LIKELY THAN NOT BE REALIZED. THE DETERMINATION AS TO WHETHER THE TAX BENEFIT WILL MORE LIKELY THAN NOT BE REALIZED IS BASED UPON THE TECHNICAL MERITS OF THE TAX POSITION AS WELL AS CONSIDERATION OF THE AVAILABLE FACTS AND CIRCUMSTANCES. AS OF JUNE 30, 2025 AND 2024, THE ORGANIZATION DOES NOT HAVE ANY MATERIAL UNCERTAIN TAX POSITIONS. X X X X 0 0 0 0 0 0 0 0 0 RAMONA TANABE PRESIDENT AND CEO 394770 0 113400 0 2701 0 39870 0 43914 0 594655 0 0 0 SEBASTIAN NEGRUSA VICE PRESIDENT OF RESEARCH 236642 0 35805 0 347 0 25759 0 39748 0 338301 0 0 0 ERIC HARRISION DATA DEVELOPMENT DIRECTOR 173369 0 17806 0 1038 0 16901 0 41819 0 250933 0 0 0 ANDREW KENNEALLY COMMUNICATIONS DIRECTOR 183787 0 11170 0 3251 0 18085 0 10013 0 226306 0 0 0 KATHLEEN FISHER DIRECTOR OF EXTERNAL RELATIONS 160488 0 9903 0 609 0 15128 0 39377 0 225505 0 0 0 RUI YANG SENIOR PUBLIC POLIC ANALYS 168020 0 10103 0 3216 0 15496 0 5034 0 201869 0 0 0 OLESYA FOMENKO ECONOMIST 165981 0 10131 0 3145 0 12112 0 7225 0 198594 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A RESEARCH ORGANIZATION WHOSE MEMBERS CONSIST OF EMPLOYERS, INSURERS, STATE FUNDS, STATE GOVERNMENTS AND LABOR ORGANIZATIONS. FORM 990, PART VI, SECTION A, LINE 7A THE RESPONSIBLITY FOR POLICYMAKING RESTS WITH THE ORGANIZATION'S BOARD OF DIRECTORS, A REPRESENTATIVE GROUP THAT IS ELECTED BY THE MEMBERSHIP FOR STAGGERED THREE-YEAR TERMS. FORM 990, PART VI, SECTION B, LINE 11B AFTER THE PREPARATION OF THE 990 BY THE ACCOUNTING DEPARTMENT AND AN OUTSIDE ACCOUNTING FIRM, IT IS REVIEWED BY THE EXECUTIVE DIRECTOR. A COPY IS ALSO PROVIDED TO THE TREASURER OF THE BOARD OF DIRECTORS AND THE EXECUTIVE COMMITTEE FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY TO THE BOARD OF DIRECTORS AND THE DEPUTY DIRECTOR TRACKS THE DISCLOSURES, IF ANY, BY ANY BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION FOR THE EXECUTIVE DIRECTOR, THE KEY MANAGEMENT POSITION FOR THE ORGANIZATION. THE COMPENSATION DETERMINATION IS BASED ON APPROPRIATE COMPARABLE DATA AND IS APPROVED BY AND DOCUMENTED BY A COMPENSATION COMMITTEE. A COMPENSATION SURVEY OF SIMILIAR POSITIONS IS CONDUCTED BY AN OUTSIDE CONSULTANT EVERY THREE YEARS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC PAUL KEARNEY - AF GROUP, 200 N. GRAND AVE, LANSING, MI 48901. WAYNE HAMILTON - WALMART, 608 SOUTHWEST 8TH STREET, BENTONVILLE, AR 72712. CATHEY JACKSON - ALBERTSONS COMPANIES,1421 MANHATTEN AVE, FULLERTON, CA 92831. IRINA SIMPSON - GALLAGHER BASSETT, 2850 GOLF ROAD, 4TH FLOOR, ROLLING MEADOWS, IL 60008. DEBRA KANE - CNA, 801 WARRENVILLE RD, STE. 700, LISLE, IL 60532. ADNAN PATHAN - AIG. 99 HIGH STREET, BOSTON, MA 02110. DIANA HAVEN - STANFORD UNIVERSITY, 505 BROADWAY, CARDINAL HALL, 6TH FLOOR, REDWOOD CITY, CA 94063. JOSEPH WELLS - EVEREST INSURANCE, 100 EVEREST WAY, WARREN, NJ 07059. KIMBERLY GEORGE - SEDGWICK CLAIMS MANAGEMENT SERVICES, INC., 1100 RIDGEWAY L MEMPHIS, TN 38120. RICHARD IVES - THE TRAVELERS COMPANIES, ONE TOWER SQUARE, 7MS, HARTFORD, CT 06183. JON STEWART - KENTUCKY EMPLOYERS' MUTUAL INSURANCE, 250 WEST MAIN STREET, SU LEXINGTON, KY 40507-1724. NICOLAS NARDINI - THE HARTFORD, 1HARTFORD PLAZA, HARTFORD, CT 06155. DOUGLAS ANDERSON - LIBERTY MUTUAL INSURANCE, 2815 FORBS AVENUE, HOFFMAN ESTATES, IL 60192. KEVIN BRADY - THE PMA INSURANCE GROUP, 380 SENTRY PARKWAY, BLUE BELL, PA 19422-2328. JOAN VINCENZ - UNITED AIRLINES, 233 S. WACKER DRIVE, CHICAGO, IL 60603. NEIL DEBLOCK - ZURICH NORTH AMERICA, 1299 ZURICH WAY, SCHAUMBURG, IL 60196. STEVEN A. BENNETT - AMERICAN PROPERTY CASUALTY INSURANCE, 8700 WEST BRYN MAW CHICAGO, IL 60631-3512. JUSTIN ROMINE - MARRIOTT INTERNATIONAL INC, 7750 WISCONSIN AVE, BETHESDA, MD 20814. BERNIE ROSAUER - WISCONSIN COMPENSATION RATING BUREAU, 20700 SWENSON DRIVE, WAUKESHA, WI 53186. FORM 990, PART XII, LINE 2C: THE PROCESS OF OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF INDEPENDENT ACCOUNTANTS HAS NOT CHANGED FROM THE PRIOR YEAR.