Workers Compensation Security Fund

Fiscal year ending 2024. Filed on October 8, 2025.

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 2024 IRS Form 990 filing, Workers Compensation Security Fund, a 501(c)(6) business league, reported compensation for 14 employees. Among the employees shown here, the average compensation is $190,180. The highest compensated employee at Workers Compensation Security Fund is Joseph Dellafera with fiscal year 2024 compensation of $330,714.

Revenue, expenses, and employee compensation

Revenue

$38,797,654

Expenses

$26,453,818

Employee compensation

$2,810,070
Revenue, expenses, and employee compensation over time

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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