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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Workers Compensation Security Fund

Workers Compensation Security Fund

Fiscal year ending 2022. Filed on October 26, 2023.

233 Mount Airy Road
Basking Ridge, New Jersey 07920

Workers Compensation Security Fund (EIN: 27-2030868) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Workers Compensation Security Fund, a 501(c)(6) business league, reported compensation for 11 employees. Among the employees shown here, the average compensation is $198,043. The highest compensated employee at Workers Compensation Security Fund is Joseph Dellafera with fiscal year 2022 compensation of $326,911.

Revenue, expenses, and employee compensation

Revenue

$33,850,495

Expenses

$27,511,130

Employee compensation

$3,011,001
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Joseph Dellafera
Chief Executive Officer
$326,911
$0 $293,170 $33,741
Lori Connors
General Counsel
$261,234
$0 $230,797 $30,437
Ronald Chess
Director of Compliance and IT
$205,523
$0 $175,130 $30,393
William Kahle
Finance Director
$195,794
$0 $166,795 $28,999
Michael Romeo
Director of Claims
$192,434
$0 $166,110 $26,324
Thomas Antola
Software Development Manager
$177,576
$0 $146,036 $31,540
Trish Young
Operations Director
$174,654
$0 $161,084 $13,570
Renan Besido
Assistant Director of Claims
$171,619
$0 $139,615 $32,004
Steven Lisner
SR MED BILL Review and CODE Anlst
$162,402
$0 $138,416 $23,986
Nicholas Hamm
Director of SIU
$155,935
$0 $144,297 $11,638
Kassandra Williams
Assistant Director of Auditing
$154,390
$0 $133,897 $20,493

Benchmark Employee Compensation

Non-Employee Board Members

Aig Property Casualty Company
Institutional Trustee
Allstate New Jersey Insurance
Institutional Trustee
David Raczenbeck
Director and Trustee
Federal Insurance Company
Institutional Trustee
Jessica Schlee-Gilbert
Director and Trustee
Liberty Mutual Insurance Co
Institutional Trustee
Selective Insurance Co of Amer
Institutional Trustee
State Farm Insurance Company
Institutional Trustee
United Services Auto Assoc
Institutional Trustee

Contractors

Cg Healthcare LLC
Skilled Nursing Facility
$503,154
Bayada Home Health Care
Nursing
$151,657
Cap Care LLC
Nursing
$125,661

Mission Statement

THE WCSF WAS ESTABLISHED BY THE NEW JERSEY LEGISLATURE IN 1935 TO PAYTHE CLAIMS OF INSOLVENT WORKERS' COMPENSATION INSURANCE CARRIERSARISING FROM THE COVERAGE OF RISKS LOCATED OR RESIDENT IN NEW JERSEY.CARRIERS AUTHORIZED TO TRANSACT THE BUSINESS OF WORKERS' COMPENSATIONINSURANCE IN NEW JERSEY CONTRIBUTE TO THE WCSF.

Revisions to this organization profile

October 8, 2025:
2024 Workers Compensation Security Fund 990 filed
October 8, 2024:
2023 Workers Compensation Security Fund 990 filed
October 26, 2023:
2022 Workers Compensation Security Fund 990 filed

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