Worldatwork
- Assets
- $26.5m
- Revenue
- $14.1m
- Investments
- $0.0
- Employees
- 123
- Location
- Scottsdale, AZ
- Founding
- 07/1960
- Data as of
- 12/2020
- EIN
- 31-6054097
Organization Overview
Worldatwork is located in Scottsdale, AZ. The organization was established in 1960. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Worldatwork employed 123 individuals. This organization is the central organization for a national or regional group of organizations. Worldatwork is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Worldatwork generated $14.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $12.6m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE, EDUCATE AND INSPIRE THOSE WHO REWARD AND ENGAGE THE WORKFORCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION SERVICES: WORLDATWORK DELIVERS EDUCATIONAL COURSES, SEMINARS, AND TRAINING THROUGH A VARIETY OF CHANNELS IN THE FIELDS OF COMPENSATION, BENEFITS AND WORK-LIFE.
CONFERENCES: WORLDATWORK HOSTS A TOTAL REWARDS CONFERENCE ANNUALLY, AS WELL AS SMALLER, REGIONAL CONFERENCES. REVENUES INCLUDE REGISTRATION FEES, SPONSORSHIP FEES, AND EXHIBIT HALL BOOTH FEES.
PUBLICATIONS: THE ORGANIZATION PRODUCES AND SELLS ITS OWN BOOKS, PUBLICATIONS AND ADVERTISING, PUBLICITY AND CAREER CENTER REVENUE GENERATED THROUGH THESE PROGRAMS.
MEMBERSHIP: INCLUDES ALL ANNUAL DUES AND FEES PAID TO THE ORGANIZATION BY MORE THAN 16,000 MEMBERS. THROUGH MEMBERSHIPS, SUBSCRIBERS RECEIVED THE MONTHLY MAGAZINE, WORKSPAN, ACCESS TO WORLDATWORK DATABASES AND RESOURCES, AND REDUCED PRICES ON COURSES AND SEMINARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
T Scott Cawood CEO | OfficerTrustee | 40 | $439,137 |
Mihai Popoaca President | Officer | 40 | $234,602 |
George A Pisaruk General Counsel | Officer | 40 | $191,323 |
Michael A Mccallum Vp, Global Development | Officer | 40 | $180,201 |
Sally Yagan Vp, Marketing | Officer | 40 | $166,817 |
Corliss D Bernosky Vp, Human Resources | Officer | 40 | $164,194 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Imagination Media Llc It Consulting | 12/30/21 | $165,000 |
Ansr Source Content Us Llc Content Development | 12/30/21 | $105,180 |
Metasofttech Solutions Llc It Consulting | 12/30/21 | $163,103 |
Qualtrics Llc Surveying | 12/30/21 | $141,834 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,665,000 |
| Investment income | $447,317 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $197,024 |
| Net Gain/Loss on Asset Sales | $115,251 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,061,947 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,960,033 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,083,160 |
| Pension plan accruals and contributions | $258,261 |
| Other employee benefits | $593,915 |
| Payroll taxes | $592,383 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $44,962 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $32,038 |
| Fees for services: Other | $704,208 |
| Advertising and promotion | $30,445 |
| Office expenses | $226,155 |
| Information technology | $632,068 |
| Royalties | $968 |
| Occupancy | $239,292 |
| Travel | $109,797 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,559,651 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $609,611 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $12,590,400 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,778,984 |
| Savings and temporary cash investments | $36,705 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,220,685 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $20,650 |
| Prepaid expenses and deferred charges | $510,463 |
| Investments—publicly traded securities | $17,789,842 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $244,158 |
| Total assets | $26,461,650 |
| Accounts payable and accrued expenses | $1,891,058 |
| Grants payable | $0 |
| Deferred revenue | $6,161,740 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,413,204 |
| Total liabilities | $20,466,002 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $5,995,648 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Worldatwork has recieved totaling $11,500.
| Awarding Organization | Amount |
|---|---|
Truth Initiative Foundation Washington, DC PURPOSE: SPONSOR - BREAKFAST AND WEB | $11,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Contractors Health Trust Englewood, CO | $10,610,854 | $43,833,708 |
Intel Corporation Short Term Disability Plan Trust Santa Clara, CA | $0 | $22,029,560 |
Leprino Foods Company Health & Welfare T Denver, CO | $0 | $45,513,624 |
Pipe Industry Insurance Fund Denver, CO | $41,749,242 | $38,277,102 |
Loma Linda University Adventist Health Sciences Cntr Liability Tr San Bernardino, CA | $60,948,101 | $27,070,636 |
Surplus Line Association Of California San Ramon, CA | $30,618,927 | $32,067,894 |
Dignity Health Hosp & Professional Liability Self-Insurance Trust San Francisco, CA | $0 | $32,275,072 |
Utah Pipe Trades Welfare Trust Fund Pleasanton, CA | $24,940,306 | $17,163,997 |
Self Insurers Security Fund Oakland, CA | $783,094,519 | $73,239,633 |
Siu-Pd-Pma Supplemental Benefit Fund Inc San Francisco, CA | $6,680,887 | $15,032,337 |
Tang Industries Inc Employees Welfare Plan And Trust Las Vegas, NV | $109,080 | $13,704,582 |
Worldatwork Scottsdale, AZ | $26,461,650 | $14,061,947 |