Washington State School Retirees Association
501(c)(4)
Only 5% goes to programs $0 to raise $100 Strong reserves Growing revenue
Washington State School Retirees Association is a 501(c)(4) organization based in Lacey, Washington, registered in 1977, with $1,247,623 in FY2024 revenue. CharityIndex grades it C, and it directs about 5% of spending to programs.
Po Box 5127, Lacey, WA, 98509 EIN 91-6057876 Since 1977
Revenue (FY2024)
$1.2M
▲ 9.2% vs prior year
Expenses (FY2024)
$1.3M
Net assets
$2.7M
Employees
9
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →FProgram efficiency40% of the rating5% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Washington State School Retirees Association: 5% to programs · $0 to raise $100 earns a F on this criterion. See the exact thresholds →
AFinancial health25% of the rating26 mo reserves · -0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Washington State School Retirees Association: 26 mo reserves · -0% margin earns a A on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Washington State School Retirees Association: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Washington State School Retirees Association: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
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 to benefit all current and future retired school employees in the state of washington.
What they do
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.
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
Contact & location
- Address
- Po Box 5127, Lacey, WA, 98509
- City
- Lacey
- State
- Washington
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.2M (FY2020) to $1.2M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1,708Net assets $2.7M
Operating margin
-0.2%
Spent more than it raised in the latest fiscal year.
Total assets
$2.7M
Total liabilities
$1,708
Net assets
$2.7M
Salaries & benefits
$640K
51% of expenses
Board members
250
235 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,247,623▲9.2% | $1,250,653▲0.3% | $2,726,012▲10.0% | $2,727,719▲10.0% | 990 |
| 2023 | $1,142,488▲1.0% | $1,246,647▲2.2% | $2,478,315▲7.1% | $2,479,798▲7.1% | 990 |
| 2022 | $1,131,330▲5.9% | $1,219,367▲29.6% | $2,313,961▲7.9% | $2,314,720▲7.9% | 990 |
| 2021 | $1,068,184▼8.1% | $940,585▲7.0% | $2,145,088▼3.8% | $2,145,555▼3.8% | 990 |
| 2020 | $1,162,943 | $879,263 | $2,229,527 | $2,229,834 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Peter Diedrick — $116,739 (9.33% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Peter Diedrick | Executive Director | 40 | $116,739 |
| Eileen Wascisin | Secretary | 10 | $10,609 |
| Cathy Stordeur | Sw3 District Representative | 5 | — |
| Denise Perkins | E-6 District Representative | 5 | — |
| Donald Kackman | E-7 District Representative | 5 | — |
| Dottie Stevens | President Elect | 10 | — |
| Gail Feagins | Sw4 District Representative | 5 | — |
| James Hall | Treasurer | 5 | — |
| Karen Keller | Historian | 10 | — |
| Ken Harvey | Nw1 District Representative | 5 | — |
| Paula Nichols | E-8 District Representative | 5 | — |
| Rita Figlenski | President | 10 | — |
| Robin Stroben | Nw2 District Representative | 5 | — |
| Ronald Crawford | Past President | 5 | — |
| Shirlee Jellum | E-5 District Representative | 5 | — |
Frequently asked questions
- Is Washington State School Retirees Association a legitimate nonprofit?
- Yes. Washington State School Retirees Association is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 91-6057876, based in Lacey, Washington.
- What is Washington State School Retirees Association's EIN?
- Washington State School Retirees Association's Employer Identification Number (EIN) is 91-6057876.
- How much revenue does Washington State School Retirees Association report?
- Washington State School Retirees Association reported $1,247,623 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Washington State School Retirees Association's spending goes to programs?
- Washington State School Retirees Association spends about 5% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Washington State School Retirees Association have?
- CharityIndex grades Washington State School Retirees Association C, based on program efficiency and fundraising cost.
- How much does Washington State School Retirees Association's highest-paid employee make?
- The highest reported compensation on Washington State School Retirees Association's latest Form 990 is $116,739, paid to Peter Diedrick (Executive Director).
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Data for Washington State School Retirees Association (EIN 91-6057876) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.