Public Charity

DELAWARE COMPENSATION RATING BUREAU INC

DELAWARE COMPENSATION RATING BUREAU INC, of PHILADELPHIA, PA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $4.4M in revenue, $4.4M in expenses, $556K in total assets.

EIN: 510307078 PHILADELPHIA, PA Latest filing: 2024
Total Revenue$4.4M
Total Expenses$4.4M
Total Assets$556K
Grant Records0
Filing Years2019–2024

Mission

THE DELAWARE COMPENSATION RATING BUREAU PROVIDES SERVICES TO INSURERS UNDERWRITING WORKERS COMPENSATION COVERAGE WITHIN DELAWARE, AND INFORMATION TO A BROAD VARIETY OF NON-MEMBER CONSTITUENCIES.

Where $100 goes at Delaware Compensation Rating Bureau Inc

How Delaware Compensation Rating Bureau Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$34
Collection, editing, and maintaining workers' compensation data for commercial markets in delaware
34% of program spending
$33
Promulgation, application and enforcement of risk classifications, underwriting rules, rating plans applicable to workers' compensation insurance written in delaware
33% of program spending
$33
Preparation, submission and defense of regulatory filings to amend and/or maintain risk classifications, underwriting rules, rating values and rating plans applicable to workers' compensation insurance written in delaware
33% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR OF Alexander Pagan
TRUSTEE American Home Assurance Company
TRUSTEE Axa Xl
VP - ACTUARI Brent Otto
VP OF DATA S Dawn Belfus
KEY EMPLOYEE Jesse Marass

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $4.4M $4.4M $556K
2023 $3.7M $3.7M $217K
2022 $4.2M $4.2M $870K
2020 $3.3M $3.3M $245K
2019 $3.2M $3.2M $334K

Between 2019 and 2024, reported annual revenue grew from $3.2M to $4.4M (+36%), with total assets most recently reported at $556K.

Interactive year-over-year charts and full filing details available with membership.

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