RETIRED PUBLIC EMPLOYEES COUNCIL O… - 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

1971

Legal Domicile

Principal Officer

CLAIR OLIVERS

Phone

3603528262

Tax Period

2024-01-01 to 2024-12-31

RETIRED PUBLIC EMPLOYEES COUNCIL OF WASHINGTON, founded in 1971, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024.

Mission

TO UNITE PUBLIC EMPLOYEE RETIREES FOR THEIR MUTUAL BENEFIT AND WELFARE; BY PROMOTING LEGISLATION TO IMPROVE THEIR FINANCIAL AND MEDICAL BENEFITS, PROVIDING INFORMATION TO AND OTHERWISE SUPPORTING MEMBERS.

Program Service Accomplishments

Program 1

Expenses: $1,060,814

PROVIDE OUTREACH PROGRAMS TO CURRENT AND PROSPECTIVE MEMBERS(INCLUDING OFFICERS AND EXECUTIVE BOARD MEMBERS) TO EDUCATE ABOUT RECENT CHANGES OR PROPOSED CHANGES TO RETIREE BENEFITS AND ACTIONS AND...

PROVIDE OUTREACH PROGRAMS TO CURRENT AND PROSPECTIVE MEMBERS(INCLUDING OFFICERS AND EXECUTIVE BOARD MEMBERS) TO EDUCATE ABOUT RECENT CHANGES OR PROPOSED CHANGES TO RETIREE BENEFITS AND ACTIONS AND POSITIONS TAKEN BY THE ORGANIZATION.

Program 2

Expenses: $26,536

OUTREACH AND LOBBYING RELATED COSTS TO PROTECT RETIRED MEMBER'S RETIREMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,064,681

Program Service Revenue $31,876

Investment Income $17,523

Other Revenue $0

TOTAL REVENUE $1,114,080

Expense Breakdown

Grants Paid $0

Salaries & Benefits $549,068

Fundraising Expenses $0

Program Expenses $1,087,350

Other Expenses $538,282

TOTAL EXPENSES $1,087,350

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,114,080	$1,032,903	+0.1%
Expenses	$1,087,350	$1,039,273	+0.0%
Net Income	$26,730	$-6,370	-5.2%

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

Employees

Volunteers

N/A

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

$96,666

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURIE WEIDNER	EXECUTIVE DI	40.00	Officer	$96,666	$0	$96,666
CLAIR OLIVERS	PRESIDENT	1.50	Officer Director	$0	$0	$0
MAURICE GARROTT	VICE PRESIDE	1.50	Officer Director	$0	$0	$0
JEFF PAULSEN	TREASURER	1.50	Officer Director	$0	$0	$0
ALMA-JEAN MARION	SECRETARY	1.50	Officer Director	$0	$0	$0
CHERYL MOSER	DIRECTOR	1.50	Director	$0	$0	$0
BETTY RAE ADAMS	DIRECTOR	1.50	Director	$0	$0	$0
KANDY KRAIG	DIRECTOR	1.50	Director	$0	$0	$0
STEVE GAMBLE	DIRECTOR	1.50	Director	$0	$0	$0
PENNY HALL	DIRECTOR	1.50	Director	$0	$0	$0
NANCY HELEY	DIRECTOR	1.50	Director	$0	$0	$0
KATRINA WYNKOOP SIMMONS	DIRECTOR	1.50	Director	$0	$0	$0
PAULETTE THOMPSON	DIRECTOR	1.50	Director	$0	$0	$0
DEBBIE HAIGH	DIRECTOR	1.50	Director	$0	$0	$0
CLAUDE BURFECT	DIRECTOR	1.50	Director	$0	$0	$0

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	$1,114,080	$1,087,350	$630,205	$26,730
2023	$1,032,903	$1,039,273	$616,047	$-6,370
2022	$982,917	$954,656	$564,061	$28,261
2021	$949,250	$886,656	$516,475	$62,594
2020	$884,670	$774,066	$466,315	$110,604
2019	$819,721	$743,895	$359,676	$75,826
2018	$835,547	$813,052	$282,735	$22,495

RETIRED PUBLIC EMPLOYEES COUNCIL OF WASHINGTON