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Nonprofit · EIN 94-0358760

WORKERS COMPENSATION INSURANCE RATING BUREAU OF CALIFORNIA

Tax-exempt · SAN FRANCISCO, CA 94104

Financials

$42.8M$42.3M2023$44.1M$43.1M2024
Revenue Expenses · by fiscal year end
Financials of WORKERS COMPENSATION INSURANCE RATING BUREAU OF CALIFORNIA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$44,111,480$43,101,820$1,009,660$28,761,830$18,256,281$10,505,549
December 31, 2023990$42,785,783$42,269,848$515,935$22,385,078$22,084,366$300,712
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$43,283,059
Investment income
$378,374
Royalties
$438,373
Net gain from sales of assets
$4,188
Other revenue
$450,047

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$6,091,426
Other salaries and wages
$18,224,203
Salaries, compensation and benefits (total)
$32,324,320
Professional fundraising fees
$0
Legal fees
$192,043
Accounting fees
$281,340
Occupancy
$910,138
Travel
$218,388
Depreciation
$2,088,365

Balance sheet and other

Total assets, start of year
$22,385,078
Total assets, end of year
$28,761,830
Total liabilities, end of year
$18,256,281
Net assets, end of year
$10,505,549
Land, buildings and equipment
$1,111,624
Gross unrelated business income
$1,432,329
Gross receipts
$44,111,480
Employees
177
Volunteers
0
Year formed
1915
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
WILLIAM JAMES MUDGEPresident/CEO
Officer
40$1,439,289$11,710
SEAN COOPERExecutive Vice President - TER
Officer
40$528,594$29,610
ANDREA COLEMANExecutive Vice President/COO
Officer
40$491,594$42,095
TONY MILANOVice President/ Actuary
Officer
40$409,928$35,472
ERIC S RILEYSenior Vice President/CIO
Officer
40$358,955$41,284
KRISTEN MARSHSenior Vice President/CLO
Officer
40$333,361$39,836
CHRISTOPHER WONGSr. Dir, IT Infrs Ops & Suppor
Key employee
40$292,590$43,554
LAURA CARSTENSENVice President, Actuarial Rese
Key employee
40$308,099$27,241
XIAOGE ZHANGVICE PRESIDENT, DATA ANALYTICS
Key employee
40$317,096$17,939
SANDRA PadillaMANAGING DIRECTOR FINANCE
Key employee
40$254,138$32,285
Yamuna DesireddigariSr. Director, IT Applications
Highest-paid employee
40$244,990$40,533
Rajitha LankaDirector, Enterprise Data Mgmn
Highest-paid employee
40$230,583$40,147
MARY CHAPMAN CORNINGManaging Counsel
Key employee
40$231,571$34,974
WENDY WAGGENERDirector/Enterprise Data Stewa
Highest-paid employee
40$230,100$34,325
PAUL BRINKLEY-ROGERSSenior Applications Architect
Highest-paid employee
40$228,944$35,036
12 more people on this return
NameTitleHours / weekCompensationOther / benefits
ALICIA SANDLINManaging Director, Cust Exp
Key employee
40$225,571$22,617
Shane SteeleResearch Actuary
Highest-paid employee
40$235,162$12,746
PAUL KIMManaging Director, CTA & C
Key employee
40$227,347$19,331
Anna Hermanson HartwingDirector, Human Resources
Key employee
40$172,708$43,052
DESIGNEE OF Federal Ins CompanyGOVERNING COMMITTEE MEMBER
Trustee or director
0$0$0
DESIGNEE OF Travelers PropertyGOVERNING COMMITTEE MEMBER
Trustee or director
0$0$0
Designee of preferred employers insGOVERNING COMMITTEE MEMBER
Trustee or director
0$0$0
DESIGNEE OF EVEREST NATIONAL INSGOVERNING COMMITTEE MEMBER
Trustee or director
0$0$0
DESIGNEE OF STATE COMPENSATION INSGOVERNING COMMITTEE MEMBER
Trustee or director
0$0$0
DESIGNEE OF ZENITH INS COGOVERNING COMMITTEE MEMBER
Trustee or director
0$0$0
DESIGNEE OF HARTFORD ACC indGOVERNING COMMITTEE MEMBER
Trustee or director
0$0$0
DESIGNEE OF PACIFIC COMP INS COGOVERNING COMMITTEE MEMBER
Trustee or director
0$0$0
990 for the year ended December 31, 2023: 29 people
NameTitleHours / weekCompensationOther / benefits
WILLIAM JAMES MUDGEPresident/CEO
Officer
40$813,713$361,571
ANDREA COLEMANExecutive Vice President/COO
Officer
40$418,460$115,697
SEAN COOPERExecutive Vice President
Officer
40$485,000$30,635
ROGER COTTMANSenior Vice President/CIO
Officer
40$340,018$35,250
ERIC S RILEYSenior Vice President
Officer
40$330,080$42,383
DAVID M BELLUSCIExecutive Vice President
Officer
40$331,039$38,061
KRISTEN MARSHSenior Vice President/CLO
Officer
40$328,827$37,115
TONY MILANOVice President/ Actuary
Officer
40$318,183$36,587
XIAOGE ZHANGVICE PRESIDENT, DATA ANALYTICS
Officer
40$307,640$17,180
LAURA CARSTENSENVice President, Actuarial Rese
Officer
40$298,144$25,823
CHRISTOPHER WONGSr. Dir, IT Infrs Ops & Suppor
Key employee
40$266,543$40,164
SANDRA MOLNARMANAGING DIRECTOR FINANCE
Key employee
40$243,082$37,759
Yamuna DesireddigariSr. Director, IT Applications
Highest-paid employee
40$237,033$38,183
PAUL BRINKLEY-ROGERSSenior Applications Architect
Highest-paid employee
40$219,809$36,496
Rajitha LankaDirector, Enterprise Data Mgmn
Highest-paid employee
40$214,917$37,399
WENDY WAGGENERDirector/Enterprise Data Stewa
Highest-paid employee
40$219,887$31,283
PAUL KIMManaging Director, CTA & C
Key employee
40$219,434$31,095
MARY CHAPMAN CORNINGManaging Counsel
Key employee
40$212,325$24,041
Shane SteeleResearch Actuary
Highest-paid employee
40$224,153$12,209
ALICIA SANDLINManaging Dir Customer Exp
Key employee
40$206,049$20,211
Anna Hermanson HartwigDIRECTOR, Human Resources
Key employee
40$152,502$40,902
DESIGNEE OF Federal Ins CompanyGOVERNING COMMITTEE MEMBER
Trustee or director
0$0$0
DESIGNEE OF Travelers PropertyGOVERNING COMMITTEE MEMBER
Trustee or director
0$0$0
Designee of preferred employers insGOVERNING COMMITTEE MEMBER
Trustee or director
0$0$0
DESIGNEE OF EVEREST NATIONAL INSGOVERNING COMMITTEE MEMBER
Trustee or director
0$0$0
DESIGNEE OF STATE COMPENSATION INSGOVERNING COMMITTEE MEMBER
Trustee or director
0$0$0
DESIGNEE OF ZENITH INS COGOVERNING COMMITTEE MEMBER
Trustee or director
0$0$0
DESIGNEE OF HARTFORD ACC indGOVERNING COMMITTEE MEMBER
Trustee or director
0$0$0
DESIGNEE OF PACIFIC COMP INS COGOVERNING COMMITTEE MEMBER
Trustee or director
0$0$0

Address and contacts

Address (IRS master file)
1 MONTGOMERY ST STE 400, SAN FRANCISCO, CA 94104-4533
Principal officer (990 for 2024)
WILLIAM JAMES MUDGE, 1901 HARRISON STREET 17TH FLO, San Francisco, CA 94104
Signed the 990
SANDRA PADILLA, MANAGING DIRECTOR
Phone
(415) 777-0777
Return prepared by
WITHUMSMITHBROWNPC

California records

California keeps its own records of charities and corporations. Search them by EIN 94-0358760 or by the name WORKERS COMPENSATION INSURANCE RATING BUREAU OF CALIFORNIA.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

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.

990 for the year ended December 31, 2024

Program accomplishments

  • THE PURPOSE OF THE BUREAU IS 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.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
94-0358760
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1979
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$28,761,830
Income (IRS master file)
$44,111,480

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$44,111,480$43,101,820$28,761,830XML
990December 2023$42,785,783$42,269,848$22,385,078XML
990December 2022$40,182,342$41,427,112$19,613,594IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 94-0358760).

Questions about WORKERS COMPENSATION INSURANCE RATING BUREAU OF CALIFORNIA

What is the EIN of WORKERS COMPENSATION INSURANCE RATING BUREAU OF CALIFORNIA?
The employer identification number (EIN) of WORKERS COMPENSATION INSURANCE RATING BUREAU OF CALIFORNIA is 94-0358760.
Is WORKERS COMPENSATION INSURANCE RATING BUREAU OF CALIFORNIA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1979.
Are donations to WORKERS COMPENSATION INSURANCE RATING BUREAU OF CALIFORNIA tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does WORKERS COMPENSATION INSURANCE RATING BUREAU OF CALIFORNIA file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WORKERS COMPENSATION INSURANCE RATING BUREAU OF CALIFORNIA due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WORKERS COMPENSATION INSURANCE RATING BUREAU OF CALIFORNIA last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of WORKERS COMPENSATION INSURANCE RATING BUREAU OF CALIFORNIA?
The 990 for the year ended December 31, 2024 names WILLIAM JAMES MUDGE.
Who are the officers and directors of WORKERS COMPENSATION INSURANCE RATING BUREAU OF CALIFORNIA?
The 990 for the year ended December 31, 2024 lists 27 people; 19 received compensation from the organization, the highest $1,439,289 (WILLIAM JAMES MUDGE, President/CEO).
How much revenue does WORKERS COMPENSATION INSURANCE RATING BUREAU OF CALIFORNIA have?
On its 990 for the year ended December 31, 2024 it reported revenue of $44,111,480, expenses of $43,101,820 and total assets of $28,761,830 at year end.

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