Civic Intelligence

Workers Compensation Security Fund

990 • Fiscal year 2017 • EIN 27-2030868

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

Organization Profilewww.njguaranty.org
233 Mount Airy RoadBasking Ridge, NJ 07920-2335

(908) 382-7100

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

9th percentile

0.00x

Higher debt load relative to assets than 9% of similar nonprofits.

2017 filings • $100M-$250M nonprofits • Source year 2017

Liabilities / Revenue

9th percentile

0.01x

Higher debt load relative to revenue than 9% of similar nonprofits.

2017 filings • $100M-$250M nonprofits • Source year 2017

Net Margin

84th percentile

30%

Higher net margin than 84% of similar nonprofits.

2017 filings • $100M-$250M nonprofits • Source year 2017

Top Officer Pay

34th percentile

$264,666

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2017 filings • $100M-$250M nonprofits • Source year 2017

Asset Growth

51st percentile

5.5%

Faster asset growth than 51% of similar nonprofits.

2017 filings • $100M-$250M nonprofits • Annualized from 2016 to 2017

Revenue Growth

13th percentile

-8.2%

Faster revenue growth than 13% of similar nonprofits.

2017 filings • $100M-$250M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets9th percentile

Assets

Up

$190,858,931

Up $9,991,261 (+5.5%) from 2016

Net Assets

Up

$190,570,903

Up $10,063,786 (+5.6%) from 2016

Liabilities

Down

$288,028

Down $72,525 (-20%) from 2016

Revenue And Expenses
Liabilities / Revenue9th percentileNet Margin84th percentile

Revenue

Down

$33,208,154

Down $2,974,779 (-8.2%) from 2016

Expenses

Up

$23,144,368

Up $2,099,664 (+10.0%) from 2016

Net Income

Down

$10,063,786

Down $5,074,443 (-34%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300M$200M$100M$0Assets 2011: $90,621,363Liabilities 2011: $170,438Net Assets 2011: $90,450,9252011Assets 2012: $105,667,987Liabilities 2012: $117,509Net Assets 2012: $105,550,4782012Assets 2014: $143,115,285Liabilities 2014: $419,008Net Assets 2014: $142,696,2772014Assets 2015: $165,809,138Liabilities 2015: $440,250Net Assets 2015: $165,368,8882015Assets 2016: $180,867,670Liabilities 2016: $360,553Net Assets 2016: $180,507,1172016Assets 2017: $190,858,931Liabilities 2017: $288,028Net Assets 2017: $190,570,9032017Assets 2018: $207,438,414Liabilities 2018: $782,539Net Assets 2018: $206,655,8752018Assets 2019: $229,143,293Liabilities 2019: $337,714Net Assets 2019: $228,805,5792019Assets 2020: $230,914,440Liabilities 2020: $465,071Net Assets 2020: $230,449,3692020Assets 2021: $229,766,675Liabilities 2021: $397,867Net Assets 2021: $229,368,8082021Assets 2024: $255,648,805Liabilities 2024: $341,051Net Assets 2024: $255,307,7542024

Highlighted filing

2017

Assets$190,858,931
Liabilities$288,028
Net Assets$190,570,903
Open 2017 Filing

Operations Trend

Revenue Growth13th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0-$20MExpenses 2011: $17,031,9052011Expenses 2012: $15,965,5862012Revenue 2014: $37,795,511Expenses 2014: $23,419,587Net Income 2014: $14,375,9242014Revenue 2015: $43,335,414Expenses 2015: $20,662,803Net Income 2015: $22,672,6112015Revenue 2016: $36,182,933Expenses 2016: $21,044,704Net Income 2016: $15,138,2292016Revenue 2017: $33,208,154Expenses 2017: $23,144,368Net Income 2017: $10,063,7862017Revenue 2018: $51,066,087Expenses 2018: $34,981,115Net Income 2018: $16,084,9722018Revenue 2019: $58,825,090Expenses 2019: $36,675,386Net Income 2019: $22,149,7042019Revenue 2020: $35,010,632Expenses 2020: $33,366,842Net Income 2020: $1,643,7902020Revenue 2021: $28,644,741Expenses 2021: $29,725,302Net Income 2021: -$1,080,5612021Revenue 2024: $38,797,654Expenses 2024: $26,453,818Net Income 2024: $12,343,8362024

Highlighted filing

2017

Revenue$33,208,154
Expenses$23,144,368
Net Income$10,063,786
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$198,123,804
Mission and Program Overview

Mission

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.

see schedule o

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$180,507,117$190,570,903▲ $10,063,786
Investments in Publicly Traded Securities$173,689,824$183,288,507▲ $9,598,683
Savings and Temporary Cash Investments$5,610,268$5,638,960▲ $28,692
Cash and Non-Interest-Bearing Accounts$1,567,578$1,026,459▼ $541,119
Prepaid Expenses and Deferred Charges$0$905,005▲ $905,005
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$180,867,670$190,858,931▲ $9,991,261
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$360,553$288,028▼ $72,525
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$360,553$288,028▼ $72,525
Net Assets / Fund Balance
Total Net Assets Fund Balance$180,507,117$190,570,903▲ $10,063,786
Total Liabilities and Net Assets / Fund Balance$180,867,670$190,858,931▲ $9,991,261
Compensation and Service Providers
Top Officer Pay34th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Trish YoungDirector of OperationsPT$142,380$142,380
David CaldwellAssistant Director of AuditingPT$135,948$135,948
Sharon McMahonasst. director of claimsPT$135,934$135,934
Pasquale Martucciasst. director of claimsPT$135,044$135,044
Steven LisnerAsst Director of Medical BIllPT$130,351$130,351
Nicholas HammDirector of SiuPT$129,560$129,560

Board Members and Trustees

NameTitle
Douglas HillmanDirector of Claims
Ronald ChessDirector of Compliance & It
William KahleDirector of Finance
Aig Property Casualty CompanyInstitutional Trustee
Allstate New Jersey InsuranceInstitutional Trustee
Federal Insurance CompanyInstitutional Trustee
Liberty Mutual Insurance CoInstitutional Trustee
Selective Insurance Co of AmericaInstitutional Trustee
State Farm Insurance CompanyInstitutional Trustee
United Services Auto AssocInstitutional Trustee
James DohertyTrustee - Director
Jessica Schlee-gilbertTrustee - Director
Joseph DellaferaChief Executive Officer
Lori ConnorsGeneral Counsel

Highest Paid Contractors

ContractorServicesLocationCompensation
Bayada Home Healthcare IncNursing ServicesPO BOX 536446, Pittsburgh, PA 15253-5906$458,845
Preferred Home Health Care NursinNursing ServicesPO BOX 826408, Philadelphia, PA 19182$121,447
Meikle West LLCLegal Services503 Union Ave, Brielle, NJ 08730$103,531
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$31,007,846
Investment Income
$2,200,308
Other Revenue
$0
Change in Net Assets
$10,063,786

Audited Revenue Reconciliation

Revenue per Audited Statements
$33,202,255
Revenue Not Reported on Financial Statements
$5,899
Other Revenue Adjustments
$5,899
Total Revenue per Audited Statements
$33,202,255
Total Revenue per Form 990
$33,208,154
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$20,677,765
Salaries, Compensation, and Employee Benefits$2,466,603
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,791,814
Pension Plan Contributions---$215,013
Current Officers, Directors, Trustees, and Key Employees---$176,040
Other Employee Benefits---$169,454
Depreciation Depletion---$159,851
Office Expenses---$138,163
Occupancy---$118,335
Payroll Taxes---$114,282
Fees for Service Investment Mgmnt Fees---$110,347
Fees for Services Other---$52,928
Fees for Services Legal---$52,507
Insurance---$26,013
Fees for Services Accounting---$24,513
Travel---$12,052
Other Expenses---$5,899
Total Functional Expenses$0$0$0$23,144,368

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$23,144,368
Expenses per Audited Statements$23,138,469
Total Expenses per Audited Statements$23,138,469
Expenses Not Reported on Financial Statements$5,899
Other Expense Adjustments$5,899
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payable to Pliga - Admin$288,028
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION A, LINE 6:

“Members consist of carriers authorized to transact the business of workers' compensation insurance in the state of new jersey.”

FORM 990, PART VI, SECTION A, LINE 7B:

“The commissioner of the new jersey department of banking and insurance approves certain decisions of the governing body as set forth in the plan of operation.”

FORM 990, PART VI, SECTION B, LINE 11:

“Form 990 is prepared by external auditors and director of finance. Form 990 is reviewed by ceo and general counsel, reviewed by the audit committee, reviewed by board members prior to filing.”

FORM 990, PART VI, SECTION B, LINE 12C:

“The ceo delivers a copy of the conflict of interest policy to every director of wcsf. The "antitrust statement" is reviewed before each board meeting or board committee meeting to remind participants that the antitrust polciy is enforced and to ensure that the conduct of the meeting conforms with the policy.”

FORM 990, PART VI, SECTION C, LINE 19:

“Wcsf makes its governing documents, conflict of interest policy, and financial statements available to its members upon request.”

Filing and Contact Details

Filer

Filer Name
Workers Compensation Security Fund
EIN
27-2030868
In Care Of
% WILLIAM KAHLE III
Phone
9083827100
Address
233 MOUNT AIRY ROAD, BASKING RIDGE, NJ 07920-2335

Signing Officer

Name
William Kahle
Title
Director of Finance
Phone
9083827100
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Kahle
Formed
2010
Legal Domicile
Nj
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Eisneramper Llp
Address
111 WOOD AVE SO STE 600, ISELIN, NJ 08830-2700
Preparer
Paul Dougherty
Phone
7322437000
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

“The wcsf was established by the new jersey legislature in 1935 to pay the claims of insolvent workers' compensation insurance carriers arising from the coverage of risks located or resident in new jersey. Carriers authorized to transact the business of workers compensation insurance in new jersey contribute to the wcsf.”

FORM 990, PART XII, LINE 2C:

“The process has not changed from the previous tax year.”

Financial Statement Notes

PART X, LINE 2:

“THE FUND WAS PREVIOUSLY ADMINISTERED BY THE COMPENSATION RATING & INSPECTION BUREAU AS A COMPONENT OF THE STATE OF NEW JERSEY AND WAS THEREFORE TAX-EXEMPT. THE FUND IS EXEMPT FROM ALL TAXES AND FEES LEVIED BY THE STATE OF NEW JERSEY EXCEPT TAXES LEVIED ON REAL AND PERSONAL PROPERTY. THE FUND OBTAINED AN APPROVAL ON FEBRUARY 24, 2011 FROM THE INTERNAL REVENUE SERVICE ("IRS") OF ITS TAX-EXEMPT STATUS UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THE EFFECTIVE DATE OF EXEMPTION WAS MARCH 1, 2010. There are no uncertain income tax positions taken by the Fund as of December 31, 2017.”

PART XI, LINE 4B:

“Miscellaneous revenue: $5,899.”

PART XII, LINE 4B:

“Miscellaneous revenue: $5,899.”

Raw XML AppendixShowing 400 of 655 raw XML fields

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1123250
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1228717
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1316389
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1419506
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1515013
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt168965
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1724542
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1816688
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IRS990/Form990PartVIISectionAGrp/PersonNm0JESSICA SCHLEE-GILBERT
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES DOHERTY
IRS990/Form990PartVIISectionAGrp/PersonNm2ALLSTATE NEW JERSEY INSURANCE
IRS990/Form990PartVIISectionAGrp/PersonNm3LIBERTY MUTUAL INSURANCE CO
IRS990/Form990PartVIISectionAGrp/PersonNm4AIG PROPERTY CASUALTY COMPANY
IRS990/Form990PartVIISectionAGrp/PersonNm5SELECTIVE INSURANCE CO OF AMERICA
IRS990/Form990PartVIISectionAGrp/PersonNm6STATE FARM INSURANCE COMPANY
IRS990/Form990PartVIISectionAGrp/PersonNm7UNITED SERVICES AUTO ASSOC
IRS990/Form990PartVIISectionAGrp/PersonNm8FEDERAL INSURANCE COMPANY
IRS990/Form990PartVIISectionAGrp/PersonNm9JOSEPH DELLAFERA
IRS990/Form990PartVIISectionAGrp/PersonNm10LORI CONNORS
IRS990/Form990PartVIISectionAGrp/PersonNm11WILLIAM KAHLE
IRS990/Form990PartVIISectionAGrp/PersonNm12DOUGLAS HILLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm13TRISH YOUNG
IRS990/Form990PartVIISectionAGrp/PersonNm14RONALD CHESS
IRS990/Form990PartVIISectionAGrp/PersonNm15DAVID CALDWELL
IRS990/Form990PartVIISectionAGrp/PersonNm16NICHOLAS HAMM
IRS990/Form990PartVIISectionAGrp/PersonNm17PASQUALE MARTUCCI
IRS990/Form990PartVIISectionAGrp/PersonNm18Sharon McMahon
IRS990/Form990PartVIISectionAGrp/PersonNm19Steven Lisner
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt9238205
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10194570
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt11145454
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt12160288
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt13125991
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt14141434
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt15120935
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt16120595
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt17110502
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt18119246
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt19111896
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE - DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE - DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2INSTITUTIONAL TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3INSTITUTIONAL TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4INSTITUTIONAL TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5INSTITUTIONAL TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6INSTITUTIONAL TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7INSTITUTIONAL TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8INSTITUTIONAL TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt10GENERAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR OF CLAIMS
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR OF COMPLIANCE & IT
IRS990/Form990PartVIISectionAGrp/TitleTxt15ASSISTANT DIRECTOR OF AUDITING
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR OF SIU
IRS990/Form990PartVIISectionAGrp/TitleTxt17asst. director of claims
IRS990/Form990PartVIISectionAGrp/TitleTxt18asst. director of claims
IRS990/Form990PartVIISectionAGrp/TitleTxt19Asst Director of Medical BIll
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/SecuritiesAmt0-139099
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
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IRS990/GrantsPayableGrp/BOYAmt00
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0164776551
IRS990/GrossReceiptsAmt0198123804
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt026013
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt02339407
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02339407
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0173689824
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0183288507
IRS990/IRPDocumentCnt0546
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0NJ
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0164915650
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE WCSF WAS ESTABLISHED BY THE NEW JERSEY LEGISLATURE IN 1935 TO PAY THE CLAIMS OF INSOLVENT WORKERS' COMPENSATION INSURANCE CARRIERS ARISING FROM THE COVERAGE OF RISKS LOCATED OR RESIDENT IN NEW JERSEY. CARRIERS AUTHORIZED TO TRANSACT THE BUSINESS OF WORKERS COMPENSATION INSURANCE IN NEW JERSEY CONTRIBUTE TO THE WCSF.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0180507117
IRS990/NetAssetsOrFundBalancesEOYAmt0190570903
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-139099
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-139099
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0118335
IRS990/OfficeExpensesGrp/TotalAmt0138163
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0169454
IRS990/OtherExpensesGrp/Desc0CLAIM PAID
IRS990/OtherExpensesGrp/Desc1CLAIM EXPENSES PAID
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE EXPENSES PAID
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/TotalAmt018434472
IRS990/OtherExpensesGrp/TotalAmt11209430
IRS990/OtherExpensesGrp/TotalAmt2333255
IRS990/OtherExpensesGrp/TotalAmt35899
IRS990/OtherLiabilitiesGrp/BOYAmt0360553
IRS990/OtherLiabilitiesGrp/EOYAmt0288028
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt01791814
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0114282
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0215013
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0905005
IRS990/PrincipalOfficerNm0WILLIAM KAHLE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0LIQUIDATION DIVIDEND
IRS990/ProgramServiceRevenueGrp/Desc1LARGE DEDUCTIBLE
IRS990/ProgramServiceRevenueGrp/Desc2LIQUIDATION DIVIDEND - ANNUITY PAYMENTS
IRS990/ProgramServiceRevenueGrp/Desc3WC ASSESSMENT COLLECTED
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06592317
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1192830
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt211773
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt324210926
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06592317
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1192830
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt211773
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt324210926
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01258153
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$190,858,931
Liabilities
$288,028
Net assets
$190,570,903
Revenue
$33,208,154
Expenses
$23,144,368
Net income
$10,063,786
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$256$0.34$255$38.8$26.5$12.3
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$230$0.40$229$28.6$29.7$1.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$231$0.47$230$35.0$33.4$1.64
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$229$0.34$229$58.8$36.7$22.1
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$207$0.78$207$51.1$35.0$16.1
2017Detailed filing. Detailed filing data is available for this year.$191$0.29$191$33.2$23.1$10.1
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$181$0.36$181$36.2$21.0$15.1
2015Detailed filing. Detailed filing data is available for this year.$166$0.44$165$43.3$20.7$22.7
2014Detailed filing. Detailed filing data is available for this year.$143$0.42$143$37.8$23.4$14.4
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$106$0.12$106$16.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$90.6$0.17$90.5$17.0