WISCONSIN COMPENSATION RATING BURE… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1917

Legal Domicile

Principal Officer

LAURA VANDE HEY

Phone

2627964540

Tax Period

2023-01-01 to 2023-12-31

WISCONSIN COMPENSATION RATING BUREAU, founded in 1917, is a mid-sized nonprofit that reported $12.0M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.7M, a strong 23% operating margin.

Mission

THE MISSION OF THE WCRB IS TO ADMINISTER AND ENHANCE WISCONSIN'S SYSTEM OF WORKER'S COMPENSATION CLASSIFICATIONS, RATES, RATING PLANS, AND FORMS. THE BUREAU WILL PERFORM ITS DUTIES IN AN EQUITABLE, PROFESSIONAL, AND RESPONSIVE MANNER WHEN DEALING WITH ALL OF THE PARTICIPANTS IN THE SYSTEM.

Program Service Accomplishments

Program 1

RATING WORKERS COMPENSATION RISKS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $11,700,868

Investment Income $261,083

Other Revenue $26,144

TOTAL REVENUE $11,988,095

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,650,091

Fundraising Expenses $0

Other Expenses $3,600,036

TOTAL EXPENSES $9,250,127

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,988,095	$10,855,383	+0.1%
Expenses	$9,250,127	$8,195,499	+0.1%
Net Income	$2,737,968	$2,659,884	+0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,353,284

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE LESTER	EMPLOYER REPRESENTATIVE	1.00	Director	$0	$0	$0
DAN BURAZIN	EMPLOYER REPRESENTATIVE	1.00	Director	$0	$0	$0
N/A	COMMITTEE MEMBER	1.00		$0	$0	$0
N/A	COMMITTEE MEMBER	1.00		$0	$0	$0
N/A	COMMITTEE MEMBER	1.00		$0	$0	$0
N/A	COMMITTEE MEMBER	1.00		$0	$0	$0
N/A	COMMITTEE MEMBER	1.00		$0	$0	$0
N/A	COMMITTEE MEMBER	1.00		$0	$0	$0
N/A	COMMITTEE MEMBER	1.00		$0	$0	$0
N/A	COMMITTEE MEMBER	1.00		$0	$0	$0
N/A	COMMITTEE MEMBER	1.00		$0	$0	$0
N/A	COMMITTEE MEMBER	1.00		$0	$0	$0
BERNARD ROSAUER	PRESIDENT	34.00	Officer	$388,880	$67,565	$456,445
TAD CLEVELAND	VICE PRESIDENT - TECHNICAL	40.00	Officer	$214,837	$39,960	$254,797
MICHAEL MANN	VICE PRESIDENT - IT	40.00	Officer	$162,423	$30,324	$192,747
BETH NICKEL	VICE PRESIDENT - OPERATION	40.00	Officer	$145,708	$33,348	$179,056
NANCY KIERZEK	VICE PRESIDENT - ADMINISTR	40.00	Officer	$63,730	$39,535	$103,265
LAURA VANDE HEY	VP ACCOUNTING AND HR	40.00	Officer	$137,560	$29,414	$166,974
PAUL ROHDE	IT SUPPORT	40.00	Highest	$126,462	$20,418	$146,880
DONNA KNEPPER	EXECUTIVE SECRETARY	40.00	Highest	$123,761	$24,913	$148,674
MICHELLE SWESSEL	VP OF IT	40.00	Highest	$161,288	$35,424	$196,712
VARUN RAVISHANKAR	BUSINESS DATA ANALYST	40.00	Highest	$104,466	$1,053	$105,519
WENDY ROBERTS	SYSTEM SUPPORT TEAM	40.00	Highest	$110,569	$15,922	$126,491

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$11,988,095	$9,250,127	$7,794,717	$2,737,968
2022	$10,855,383	$8,195,499	$9,375,619	$2,659,884
2021	$9,681,252	$7,829,459	$9,215,818	$1,851,793
2020	$9,480,021	$8,257,083	$8,268,014	$1,222,938
2019	$9,948,378	$8,113,080	$8,392,772	$1,835,298
2018	$9,803,974	$7,701,109	$8,423,515	$2,102,865

WISCONSIN COMPENSATION RATING BUREAU