Overview
What is Worlwide Assurance For Employees Of Public Agencies Inc?
Worlwide Assurance For Employees Of Public Agencies Inc, or WAEPA, is a nonprofit organization headquartered in Falls Church, Virginia, at 433 Park Avenue. Established with the mission to promote the health, welfare, and financial well-being of its members, WAEPA offers various services and programs. These include providing term life insurance and short-term disability insurance under group policies, organizing seminars on financial and retirement planning, creating written guides on federal employment-related issues, assisting with participation in the Federal Employee Health Program, offering guides on qualifications for federal student aid, and administering a college scholarship program for members' children. WAEPA's team consists of 54 employees dedicated to serving its membership.
Official website here: www.waepa.org
What do the Facebook reviews say about Worlwide Assurance For Employees Of Public Agencies Inc?
76% of the 10 reviewers on Facebook recommend Worldwide Assurance For Employees Of Public Agencies Inc. Here is a summary of their reviews:
Overall, the organization is praised for providing valuable services to federal employees. One user highlighted the positive impact of the organization's offerings, indicating that it effectively meets the needs of its target audience. Despite only a small number of reviews, the feedback reflects a certain level of appreciation and confidence in the services being provided.
While the recommendation percentage is moderate, the comments suggest that those who support the organization see it as a reliable resource for federal employees, reinforcing its purpose and mission within the community.
This AI summary has been generated from reviews found on Facebook.
Is Worlwide Assurance For Employees Of Public Agencies Inc legitimate?
Worlwide Assurance For Employees Of Public Agencies Inc is a legitimate nonprofit organization registered as a 501(c)(9) entity. Worlwide Assurance For Employees Of Public Agencies Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,178,009
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,242,156
For more financial information, click here
Official website here: www.waepa.org
What is the mission statement of Worlwide Assurance For Employees Of Public Agencies Inc?
WAEPA, or Worldwide Assurance For Employees of Public Agencies Inc, is a non-profit organization dedicated to enhancing the health, welfare, and financial well-being of its members. The association provides a range of services and programs to support its members, including group policies for term life insurance and short-term disability insurance. WAEPA also offers educational resources on various topics related to federal employment, participation in the Federal Employee Health Program, qualifications for federal student aid, and financial and retirement planning. Additionally, WAEPA administers a college scholarship program for the children of its members. In essence, WAEPA strives to empower and protect its members, ensuring they have access to essential resources and knowledge for their personal and professional development.
Official website here: www.waepa.org
Who is the CEO of Worlwide Assurance For Employees Of Public Agencies Inc?
M Shane Canfield is the CEO of Worlwide Assurance For Employees Of Public Agencies Inc The CEO's salary of Worlwide Assurance For Employees Of Public Agencies Inc is $401,779 and their total compensation is $499,367.
Official website here: www.waepa.org
What is the revenue of Worlwide Assurance For Employees Of Public Agencies Inc?
Worlwide Assurance For Employees Of Public Agencies Inc's revenue in 2023 was $47,907,472.
Official website here: www.waepa.org
Who are the executives of Worlwide Assurance For Employees Of Public Agencies Inc and what are their salaries?
The average compensation at Worlwide Assurance For Employees Of Public Agencies Inc during 2023 was $88,403. There are 50 employees at Worlwide Assurance For Employees Of Public Agencies Inc.
Here are 20 key members and their salaries (Worlwide Assurance For Employees Of Public Agencies Inc's CEO's salary is $401,779 and their total compensation is $499,367):
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- Compensation: $401,779
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- Other: $97,588
- Compensation: $282,463
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- Compensation: $229,118
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- Compensation: $238,263
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- Compensation: $152,722
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- Other: $56,362
- Compensation: $128,700
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- Other: $45,942
- Compensation: $135,203
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- Other: $29,523
Official website here: www.waepa.org
Where can I find the form 990 for Worlwide Assurance For Employees Of Public Agencies Inc?
Worlwide Assurance For Employees Of Public Agencies Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.waepa.org
Learn more at the official website: www.waepa.org
Mission Statement of Worlwide Assurance For Employees Of Public Agencies Inc
WAEPA, or Worldwide Assurance For Employees of Public Agencies Inc, is a non-profit organization dedicated to enhancing the health, welfare, and financial well-being of its members. The mission of this association is geared towards promoting the overall well-being of its members through a range of services and programs.
One of the primary offerings of WAEPA is the provision of term life insurance and short-term disability insurance under group policies. These insurance policies serve as essential safeguards for WAEPA members, offering them financial security and peace of mind. Moreover, the organization hosts seminars on financial and retirement planning to help members make informed decisions regarding their financial future.
Furthermore, WAEPA provides written guides on various federal employment-related issues. These guides serve as valuable resources for members navigating the complexities of federal employment. Additionally, the organization offers guidance on participation in the Federal Employee Health Program offered through the Federal Government. WAEPA's commitment to its members' well-being extends to assisting them with qualifications for federal student aid, ensuring that they have access to educational opportunities.
Another noteworthy initiative of WAEPA is its college scholarship program for members' children. This program represents the organization's investment in the future generations of its community, offering financial aid to help members' children pursue higher education. By providing a comprehensive range of services and resources, WAEPA continues to strengthen its role as a valuable resource for the public sector workforce.
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Impact
October, 2024
Worldwide Assurance For Employees Of Public Agencies Inc (WAEPA) significantly impacts the lives of its members by providing essential financial and health-related resources tailored specifically for public agency employees. By offering term life insurance and short-term disability insurance under group policies, WAEPA ensures its members have access to vital financial protection in times of need.
In addition to insurance products, WAEPA actively promotes the overall well-being of its members through a range of services and programs. Their educational initiatives, including seminars on financial and retirement planning, empower members with knowledge that can help them make informed decisions about their futures. WAEPA also publishes written guides covering crucial topics like federal employment issues, health program participation, and qualifications for federal student aid, which aids members in navigating complex systems.
Moreover, WAEPA fosters educational advancement through its college scholarship program for members' children, supporting the next generation in pursuing higher education. Overall, WAEPA plays a vital role in enhancing the health, welfare, and financial security of those it serves, making a meaningful difference in their lives.
This information is meant to be a general summary of Worlwide Assurance For Employees Of Public Agencies Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,502,831
- Program Service Revenue: $41,853,076
- Gross Receipts: $86,201,411
Assets and Liabilities:
- Total Assets: $126,432,611
- Total Liabilities: $5,692,396
- Net Assets: $120,740,215
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EARNED PREMIUMS
Revenue
$41,853,076
Organization Details
Founding Year
1943
Principal Officer
Montgomery Shane Canfield
Website
www.waepa.orgNTEE Category
Code: Y44 - Mutual benefit
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