WASHINGTON STATE SCHOOL RETIREES ASSOCIATION

EIN: 916057876

LACEY, WA

Total Revenue
$1,247,623
Total Expenses
$1,250,653
Total Assets
$2,727,719
Net Assets
$2,726,011
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1947
Legal Domicile
WA
Principal Officer
PETER DIEDRICK
Phone
3607908054
Tax Period
2024-07-01 to 2025-06-30

WASHINGTON STATE SCHOOL RETIREES ASSOCIATION, founded in 1947, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Net assets of $2.7M represent 26 months of operating reserves.

Mission

This corporation is organized for the purpose of transacting any and all lawful business for which corporations may be incorporated under Title 24 of the Revised Code of Washington as hereafter amended including but not limited to relief of the poor and distressed elderly individual educating the general public concerning the needs of the elderly retired individual educating the individual retiree on subjects useful to him or her performing functions directed at support of functional education for all school age children in the nation and lobbying for the purpose of influencing legislation to benefit all current and future retired school employees in the State of Washington.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,090,758
Program Service Revenue $89,375
Investment Income $0
Other Revenue $67,490
TOTAL REVENUE $1,247,623

Expense Breakdown

Grants Paid $0
Salaries & Benefits $639,798
Fundraising Expenses $0
Program Expenses $67,411
Other Expenses $610,855
TOTAL EXPENSES $1,250,653

Year-over-Year Comparison

2024 2023 Change
Revenue $1,247,623 $1,142,488 +0.1%
Expenses $1,250,653 $1,246,647 +0.0%
Net Income $-3,030 $-104,159 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
250
Independent Members
235
Employees
9
Volunteers
150

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
14
$10,609
Total Directors
0
$0
Key Employees
1
$116,739
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER DIEDRICK EXECUTIVE DIRECTOR 40.00
Key Emp
$116,739 $0 $116,739
EILEEN WASCISIN SECRETARY 10.00
Officer
$10,609 $0 $10,609
JAMES HALL TREASURER 5.00
Officer
$0 $0 $0
RITA FIGLENSKI PRESIDENT 10.00
Officer
$0 $0 $0
DOTTIE STEVENS PRESIDENT ELECT 10.00
Officer
$0 $0 $0
RONALD CRAWFORD PAST PRESIDENT 5.00
Officer
$0 $0 $0
KAREN KELLER HISTORIAN 10.00
Officer
$0 $0 $0
KEN HARVEY NW1 DISTRICT REPRESENTATIVE 5.00
Officer
$0 $0 $0
ROBIN STROBEN NW2 DISTRICT REPRESENTATIVE 5.00
Officer
$0 $0 $0
CATHY STORDEUR SW3 DISTRICT REPRESENTATIVE 5.00
Officer
$0 $0 $0
GAIL FEAGINS SW4 DISTRICT REPRESENTATIVE 5.00
Officer
$0 $0 $0
SHIRLEE JELLUM E-5 DISTRICT REPRESENTATIVE 5.00
Officer
$0 $0 $0
DENISE PERKINS E-6 DISTRICT REPRESENTATIVE 5.00
Officer
$0 $0 $0
DONALD KACKMAN E-7 DISTRICT REPRESENTATIVE 5.00
Officer
$0 $0 $0
PAULA NICHOLS E-8 DISTRICT REPRESENTATIVE 5.00
Officer
$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
2025 $1,247,623 $1,250,653 $2,727,719 $-3,030
2024 $1,142,488 $1,246,647 $2,479,798 $-104,159
2023 $1,131,330 $1,219,367 $2,314,720 $-88,037
2022 $1,068,184 $940,585 $2,145,555 $127,599
2021 $1,162,943 $879,263 $2,229,834 $283,680
2021 $116,294,300 $87,926,300 $222,983,400 $28,368,000
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