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

To develop propose and implement action that will benefit all school retirees. To propose legislation and legislative action that will enhance school retirees lives. To provide the support necessary to strengthen local units of WSSRA. To foster involvement by school retirees in educational and community activities and organizations. To support and communicate to local units the activities and priorities of NRTA AARP Congress and other entities that affect retired school personnel. To represent all present and future Washington State School Retirees both classified and certificated.

Program Service Accomplishments

Program 1
Expenses: $7,368 Revenue: $0

REVOLVING COMMITTEES: AWARDS- Given to members who performed outstanding services. NOMINATING-Conducted selection election of officers and executive board members. RULES & RESOLUTIONS- Prepares rules...

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REVOLVING COMMITTEES: AWARDS- Given to members who performed outstanding services. NOMINATING-Conducted selection election of officers and executive board members. RULES & RESOLUTIONS- Prepares rules for conducting association business revised governance documents as needed or requested by membership. SCHOLARSHIP - Shall establish guidelines for publicizing and awarding scholarships funded by PEMCO Financial Center in honor of Robert J Handy its founder and the Washington State School Retirees Foundation Scholarships and Internships.

Program 2
Expenses: $39,010 Revenue: $0

SERVICE COMMITTEES: Establish goals each year and implement programs for all members in the following areas: Goals for the year adopted at annual Convention for this Association. HEALTH & PROTECTIVE...

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SERVICE COMMITTEES: Establish goals each year and implement programs for all members in the following areas: Goals for the year adopted at annual Convention for this Association. HEALTH & PROTECTIVE SERVICES-Health care reform Health care insurance & etc. MEMBERSHIP- Involve new members continue to explore new membership Promote social interaction and active participation & etc. RETIREMENT PLANNING-Understand and plan for retirement Information on health insurance Applicable to State organization and 30 local Units.

Program 3
Expenses: $21,033 Revenue: $0

SPECIAL COMMITTEES: BUDGET- To prepare a budget for the following year and to present it to the Executive Board. CONVENTION -Work with local Units in preparation and conduct of annual convention and...

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SPECIAL COMMITTEES: BUDGET- To prepare a budget for the following year and to present it to the Executive Board. CONVENTION -Work with local Units in preparation and conduct of annual convention and leadership conference. FINANCE-Oversee the investments of the Association and to review recommendations contained in the annual audit are implemented in a timely manner. LEGISLATIVE-Has established and implemented a program educating all members on legislative matters affecting all retirees especially retired teachers. STAFF PERSONNEL -be responsible for all matters relating to staff. SELECT COMMITTEES -May be appointed for special purposes and shall be dissolved upon completion of the assigned task or end of the fiscal year in which the committee was appointed

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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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