Washington State School Retirees Association
- Assets
- $2.1m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 8
- Location
- Lacey, WA
- Founding
- 06/1977
- Data as of
- 06/2022
- EIN
- 91-6057876
Organization Overview
Washington State School Retirees Association is located in Lacey, WA. The organization was established in 1977. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Washington State School Retirees Association employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington State School Retirees Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, Washington State School Retirees Association generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $940.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
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 WHICH WILL BE OF BENEFIT TO THE RETIRED TEACHER IN THE STATE OF WASHINGTON.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
SERVICE COMMITTEES: ESTABLISH GOALS EACH YEAR AND IMPLEMENT PROGRAMS FOR ALL MEMBERS IN THE FOLLOWING AREAS: 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. GOALS FOR THE YEAR ADOPTED AT ANNUAL CONVENTION FOR THIS ASSOCIATION.
SPECIAL COMMITTEES: BUDGET - TO PREPARE A BUDGET FOR THE FOLLOWING YEAR AND TO PRESENT 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 INSURE 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
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.
SERVICE COMMITTEES: ESTABLISH GOALS EACH YEAR AND IMPLEMENT PROGRAMS FOR ALL MEMBERS IN THE FOLLOWING AREAS: 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. GOALS FOR THE YEAR ADOPTED AT ANNUAL CONVENTION FOR THIS ASSOCIATION.
SPECIAL COMMITTEES: BUDGET - TO PREPARE A BUDGET FOR THE FOLLOWING YEAR AND TO PRESENT 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
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Burke Executive Director | Officer | 40 | $107,344 |
Eileen Wascisin Secretary | Officer | 10 | $9,446 |
Les Francis District Representative | Officer | 5 | $0 |
Pam Frances Past President | Officer | 5 | $0 |
Gene Forrester Parliamentarian | Officer | 5 | $0 |
Kay Bishop District Representative | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,032,546 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,032,546 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $35,294 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,068,184 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $107,022 |
| Compensation of current officers, directors, key employees. | $107,022 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $323,228 |
| Pension plan accruals and contributions | $49,937 |
| Other employee benefits | $55,200 |
| Payroll taxes | $41,026 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $67,910 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $313 |
| Fees for services: Other | $0 |
| Advertising and promotion | $740 |
| Office expenses | $205,899 |
| Information technology | $1,190 |
| Royalties | $0 |
| Occupancy | $54,184 |
| Travel | $15,351 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,271 |
| Interest | $0 |
| Payments to affiliates | $7,720 |
| Depreciation, depletion, and amortization | $193 |
| Insurance | $5,401 |
| All other expenses | $4,000 |
| Total functional expenses | $940,585 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $303,123 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $395,308 |
| Investments—publicly traded securities | $1,447,124 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,145,555 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $467 |
| Total liabilities | $467 |
| Net assets without donor restrictions | $2,145,088 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,145,555 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Korean Womens Association Lakewood, WA | $40,215,525 | $76,666,055 |
Senior Life Resources Northwest Richland, WA | $15,470,027 | $31,831,141 |
Access Medford, OR | $12,986,720 | $32,905,180 |
National Asian Pacific Center On Aging-Napca Seattle, WA | $2,727,544 | $21,925,989 |
Sound Generations Seattle, WA | $19,207,397 | $19,430,368 |
Senior Services Of Snohomish County Lynnwood, WA | $15,786,887 | $12,509,812 |
Metro Community Services Inc Caldwell, ID | $3,692,143 | $4,009,244 |
Pike Market Senior Center Seattle, WA | $2,519,729 | $3,936,536 |
Senior Services Of Island County Freeland, WA | $2,695,130 | $3,988,811 |
Council On Aging Of Central Oregon Bend, OR | $3,578,594 | $3,406,607 |
Northshore Senior Center Bothell, WA | $1,561,597 | $2,734,728 |
Palmer Senior Citizens Center Inc Palmer, AK | $14,399,628 | $2,893,048 |