NonprofitsSelf Insurers Security Fund

Self Insurers Security Fund

OAKLAND, CA

Total revenue

$76.6M

Total expenses

$54.2M

Net assets

$761.3M

Grants received

EIN

680049924

Tax year

2023

Mission

See schedule o

Programs

1 program

Security deposits and recoveries - sisf receives revenue from surety bonds and deposits when the organization assumes, as stipulated in the labor code, the responsibility to administer the funds necessary to pay workers' compensation obligations against an insolvent self-insurer.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$50.7M
Investment income$25.9M
Other revenue
Total revenue$76.6M

Expenses

Grants paid
Salaries & benefits$901K
Fundraising
Other expenses$53.3M
Total expenses$54.2M
Total assets$855.5M
Net assets$761.3M

People

10 listed

NameRoleCompensation

WILLIAM LYONS

CHAIRPERSON

Board

$2K

1 hrs/wk

TIM EAST

TRUSTEE

Board

$900

0

JOHN SMOLK

TREASURER

Board

$700

1 hrs/wk

TONI ALLEN

TRUSTEE

Board

0

Stacy Bratcher

Trustee

Board

0

Ed Hall

Trustee

Board

0

Martin King

Trustee

Board

0

GRANT HEINITZ

Director, Member Credit Risk

Staff

$196K

40 hrs/wk

ADRIANA MERTINAK

Director of Finance

Staff

$160K

40 hrs/wk

JILL DULICH

Director, Claims and Operation

Staff

$153K

32 hrs/wk

Independent contractors

MARSH USA INC

CONSULTING

$1.3M

NIXON PEABODY LLP

LEGAL

$817K

CHARLES TAYLOR TPA

TPA

$498K

TRISTAR RISK MANAGEMENT

TPA

$484K

BDO

AUDIT AND TAX

$204K

Details

EIN680049924
Subsection06
Ruling date1985-04
Formed1984
Employees5
Volunteers8
SELF INSURERS SECURITY FUND — Mission, Financials & Grants Received | Grantivo