Overview
What is Southern Assn Of Workers' Comp Admin Inc?
Southern Assn of Workers' Comp Admin Inc is a nonprofit organization based in Lexington, Kentucky. Their primary focus is to educate individuals and entities interested in workers' compensation. They accomplish this through various means such as conferences, committee meetings, and seminars. These events provide an opportunity for like-minded individuals to share information and address common issues related to workers' compensation administration. The association also offers written materials on the topic, acting as a resource for those involved in this field. By doing so, they aim to foster a community of professionals who can collaborate and address challenges collectively.
Official website here: www.sawca.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Southern Association of Workers' Compensation Administrators Inc. has achieved an impressive 97% score, reflecting a strong commitment to accountability and financial management. This rating indicates that the organization has met high standards in important areas, showcasing effective governance and transparency practices, which are essential for building trust with stakeholders.
Strengths of the organization include a 100% independent board, a clean record with no material diversion of assets, and a robust program expense ratio of 90.6%. These factors contribute to a solid financial foundation, allowing the organization to allocate the majority of its resources towards its programs and services. The presence of thorough policies for conflicts of interest, whistleblower protections, and document management further demonstrates the organization’s commitment to ethical practices.
While the data highlights many strengths, it does not provide a broader context regarding the organization's impact or the specific programs it administers. However, the strong financial health and governance practices are promising indicators for its operations and ability to serve its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Southern Assn Of Workers' Comp Admin Inc legitimate?
Southern Assn Of Workers' Comp Admin Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southern Assn Of Workers' Comp Admin 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: $86,933
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.sawca.com
What is the mission statement of Southern Assn Of Workers' Comp Admin Inc?
The Southern Assn of Workers' Comp Admin Inc serves to educate individuals and entities with an interest in workers' compensation. It aims to provide a platform for these interested parties to interact and share information, addressing common issues related to workers' compensation administration across various jurisdictions. To achieve this goal, the association organizes forums, lectures, meetings, and produces written materials on the topic. By doing so, it seeks to make available and present instruction on the administration of workers' laws, fostering a collaborative environment for its members.
Official website here: www.sawca.com
Who is the CEO of Southern Assn Of Workers' Comp Admin Inc?
Gary Davis is the Director of Southern Assn Of Workers' Comp Admin Inc.
Official website here: www.sawca.com
What is the revenue of Southern Assn Of Workers' Comp Admin Inc?
Southern Assn Of Workers' Comp Admin Inc's revenue in 2022 was $472,590.
Official website here: www.sawca.com
Who are the executives of Southern Assn Of Workers' Comp Admin Inc and what are their salaries?
Here are 24 key members and their salaries:
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- Compensation: $86,933
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Official website here: www.sawca.com
Where can I find the form 990 for Southern Assn Of Workers' Comp Admin Inc?
Southern Assn Of Workers' Comp Admin Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sawca.com
Learn more at the official website: www.sawca.com
Mission Statement of Southern Assn Of Workers' Comp Admin Inc
Southern Assn of Workers' Comp Admin Inc is an organization dedicated to educating individuals and entities interested in workers' compensation. Their primary mission is to provide a platform for these interested parties to interact and share information, addressing common issues in the administration of workers' laws. To accomplish this, they organize forums, lectures, meetings, and distribute written materials, serving as a valuable resource for those engaged in workers' compensation matters. By doing so, Southern Assn of Workers' Comp Admin Inc aims to foster a collaborative environment, promoting the exchange of knowledge and best practices within the jurisdictions that are members of the association.
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Impact
July, 2024
The Southern Association of Workers' Comp Admin Inc plays a crucial role in educating individuals and entities interested in workers' compensation. By providing forums, lectures, meetings, and written materials, the organization facilitates the sharing of information and addresses common issues related to the administration of workmen's laws. Through activities such as newsletters, conferences, and committee meetings, the association grants continuing education credits to attendees, contributing to the professional development of its members and other interested parties. In this way, the Southern Association of Workers' Comp Admin Inc makes a significant impact by promoting knowledge-sharing and collaboration within the field of workers' compensation administration.
This information is meant to be a general summary of Southern Assn Of Workers' Comp Admin 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 2022.
- Investment Income: $951
- Program Service Revenue: $442,389
- Gross Receipts: $472,590
Assets and Liabilities:
- Total Assets: $319,870
- Total Liabilities: $0
- Net Assets: $319,870
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONVENTION, ACC CONFER
Revenue
$442,389
Organization Details
Founding Year
1980
Phone
(859) 608-2383Principal Officer
Gary Davis
Main Address
PO BOX 910373, LEXINGTON, KY, 40591
Website
www.sawca.comNTEE Category
Code: Y20 - Mutual benefit
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