Washington Education Association Rate Stabilization Reserve Trust

Federal Way, WA
Tax-exempt since Feb. 1994
EIN: 91-1612390

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Type of Nonprofit

Designated as a 501(c)(9) Voluntary employees' beneficiary associations, which provide payment of life, sickness, accident or other benefits to members.

Donations to this organization are not tax deductible.

Revenue

$10.5k (2023)

Expenses

$284k (2023)

Total Assets

$1.37M (2023)

Total Liabilities

$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2023

Revenue

$10,526

Expenses

$283,697

Net Income

-$273,171

Net Assets

$1,367,276

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$10,526	100%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,367,276
Total Liabilities	$0
Net Assets	$1,367,276

Compensation

Key Employees and Officers	Compensation	Related	Other
Donna Wesley (Cfo Wea)	$285,174	$0	$145,972
Aimee Iverson (Executive Di)	$245,722	$0	$145,361
Larry Delaney (President We)	$190,448	$109,034	$19,960
Janie White (Vice Preside)	$175,726	$74,590	$15,409
Jeremy Shay (Trustee)	$0	$0	$0
Justin Fox Bailey (Trustee)	$0	$0	$0
Pamela Wilson (Trustee)	$0	$0	$0
Shawn Brehm (Trustee)	$0	$0	$0
Shawna Moore (Trustee)	$0	$0	$0
Tani Lindquist (Trustee)	$0	$0	$0
Vallerie Fisher (Trustee)	$0	$0	$0

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990

Filed on Aug. 14, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Sept.
2022

Revenue

$499,068

Expenses

$37,855,470

Net Income

-$37,356,402

Net Assets

$1,635,184

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$307,739	61.7%
Investment Income	$191,329	38.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,744,108
Total Liabilities	$108,924
Net Assets	$1,635,184

Compensation

Key Employees and Officers	Compensation	Related	Other
Janie White (Vice Preside)	$0	$242,236	$15,700
Larry Delaney (President We)	$0	$294,269	$18,012
Glenn Jenkins (Trustee)	$0	$0	$0
Keith Swanson (Trustee)	$0	$0	$0
Daniel Harada (Trustee)	$0	$0	$0
Vicky Jensen (Trustee)	$0	$0	$0
Tani Lindquist (Trustee)	$0	$0	$0
Vallerie Fisher (Trustee)	$0	$0	$0
Pam Wilson (Trustee)	$0	$0	$0
Aimee Iverson (Executive Di)	$0	$263,460	$152,085
Donna Wesley (Cfo Wea)	$0	$247,745	$117,123

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990

Filed on Aug. 10, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Sept.
2021

Revenue

$750,239

Expenses

$7,361,361

Net Income

-$6,611,122

Net Assets

$39,857,694

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$30,591	4.1%
Investment Income	$719,648	95.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$39,857,694
Total Liabilities	$0
Net Assets	$39,857,694

Compensation

Key Employees and Officers	Compensation	Related	Other
Larry Delaney (President )	$0	$276,868	$15,965
Janie White (Vice Preside)	$0	$232,609	$15,060
La Vasha Murdoch (Trustee)	$0	$0	$0
Keith Swanson (Trustee)	$0	$0	$0
Len Hill (Trustee)	$0	$0	$0
Vicky Jensen (Trustee)	$0	$0	$0
Becca Ritchie (Trustee)	$0	$0	$0
Pam Wilson (Trustee)	$0	$0	$0
Armand L Tiberio Oct 20 Dec 20 (Executive Di)	$0	$241,927	$51,192
Aimee Iverson Jan 21 Sept 21 (Executive Di)	$0	$194,169	$121,359
Donna Wesley (Cfo Wea)	$0	$247,804	$115,841

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990

Filed on Aug. 11, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2020

Revenue

$949,655

Expenses

$16,712,278

Net Income

-$15,762,623

Net Assets

$46,814,772

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$109,412	11.5%
Investment Income	$902,148	95.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$61,905
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$46,834,872
Total Liabilities	$20,100
Net Assets	$46,814,772

Compensation

Key Employees and Officers	Compensation	Related	Other
La Vasha Murdoch (Trustee)	$0	$0	$0
Keith Swanson (Trustee)	$0	$0	$0
Len Hill (Trustee)	$0	$0	$0
Vicky Jensen (Trustee)	$0	$0	$0
Becca Ritchie (Trustee)	$0	$0	$0
Pam Wilson (Trustee)	$0	$0	$0
Larry Delaney (President )	$0	$71,858	$0
Janie White (Vice Preside)	$0	$65,871	$0
Armand L Tiberio (Executive Di)	$0	$234,858	$47,528
Donna Wesley (Cfo Wea)	$0	$85,710	$0

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990

Filed on Aug. 12, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Sept.
2019

Revenue

$9,623,021

Expenses

$11,887,995

Net Income

-$2,264,974

Net Assets

$62,374,959

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$8,249,592	85.7%
Investment Income	$1,499,568	15.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$126,139
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$62,643,545
Total Liabilities	$268,586
Net Assets	$62,374,959

Compensation

Key Employees and Officers	Compensation	Related	Other
Adam Aguilera (Trustee)	$0	$0	$0
Justin Fox Bailey (Trustee)	$0	$0	$0
Christine Fraser (Trustee)	$0	$0	$0
Gwendolyn Jimerson (Trustee)	$0	$0	$0
Glenn Jenkins (Trustee)	$0	$0	$0
Keith Swanson (Trustee)	$0	$0	$0
Larry Delaney (President Wea (9/1/19 Current))	$0	$0	$0
Janie White (Vice President Wea (9/1/19 Current))	$0	$0	$0
Armand L Tiberio (Executive Director Wea)	$0	$230,101	$47,218
Margaret Knight (Cfo Wea)	$0	$194,419	$96,352
Kim Mead (President Wea (10/1/18 8/31/19))	$0	$257,611	$65,586
Stephen Miller (Vice President Wea (10/1/18 8/31/19))	$0	$199,803	$55,467

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990

Filed on Aug. 12, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2018

Revenue

$32,564,164

Expenses

$1,848,417

Net Income

$30,715,747

Net Assets

$63,413,091

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$31,802,410	97.7%
Investment Income	$722,308	2.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$39,446	0.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$63,773,512
Total Liabilities	$360,421
Net Assets	$63,413,091

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2017

Revenue

$4,009,084

Expenses

$1,544,039

Net Income

$2,465,045

Net Assets

$33,174,722

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,564,829	88.9%
Investment Income	$400,226	10.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$44,029	1.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$33,661,214
Total Liabilities	$486,492
Net Assets	$33,174,722

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2016

Revenue

$6,102,661

Expenses

$1,549,097

Net Income

$4,553,564

Net Assets

$30,733,786

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$5,809,486	95.2%
Investment Income	$278,726	4.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$14,449	0.2%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$31,091,533
Total Liabilities	$357,747
Net Assets	$30,733,786

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2015

Revenue

$5,505,975

Expenses

$1,875,145

Net Income

$3,630,830

Net Assets

$26,032,956

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$5,131,957	93.2%
Investment Income	$263,682	4.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$110,336	2.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$26,609,201
Total Liabilities	$576,245
Net Assets	$26,032,956

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2014

Revenue

$1,278,710

Expenses

$30,929,623

Net Income

-$29,650,913

Net Assets

$22,572,021

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$145,300	11.4%
Investment Income	$627,684	49.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$505,726	39.5%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$23,187,255
Total Liabilities	$615,234
Net Assets	$22,572,021

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2013

Revenue

$2,477,438

Expenses

$21,780,425

Net Income

-$19,302,987

Net Assets

$52,338,710

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,127,853	45.5%
Investment Income	$862,463	34.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$487,122	19.7%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$52,338,710
Total Liabilities	$0
Net Assets	$52,338,710

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2012

Revenue

$7,056,076

Expenses

$8,439,163

Net Income

-$1,383,087

Net Assets

$72,627,702

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$5,843,941	82.8%
Investment Income	$1,200,147	17.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$11,988	0.2%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$73,127,702
Total Liabilities	$500,000
Net Assets	$72,627,702

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2011

Revenue

$2,050,518

Expenses

$25,350,039

Net Income

-$23,299,521

Net Assets

$72,459,652

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$622,620	30.4%
Investment Income	$1,429,207	69.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$1,309
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$72,459,652
Total Liabilities	$0
Net Assets	$72,459,652

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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Raw filing data. Includes EINs and summary financials as structured data.
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Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
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Updated August 21, 2025

Washington Education Association Rate Stabilization Reserve Trust

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $10.5k (2023)

Expenses $284k (2023)

Total Assets $1.37M (2023)

Total Liabilities $0 (2023)

Tax Filings by Year

Fiscal Year Ending Sept. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Sept. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Sept. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending Sept. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending Sept. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending Sept. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Sept. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Sept. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Sept. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Sept. 2011

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Sept. 2010

Revenue

$10.5k (2023)

Expenses

$284k (2023)

Total Assets

$1.37M (2023)

Total Liabilities

$0 (2023)

Fiscal Year Ending Sept.
2023

Fiscal Year Ending Sept.
2022

Fiscal Year Ending Sept.
2021

Fiscal Year Ending Sept.
2020

Fiscal Year Ending Sept.
2019

Fiscal Year Ending Sept.
2018

Fiscal Year Ending Sept.
2017

Fiscal Year Ending Sept.
2016

Fiscal Year Ending Sept.
2015

Fiscal Year Ending Sept.
2014

Fiscal Year Ending Sept.
2013

Fiscal Year Ending Sept.
2012

Fiscal Year Ending Sept.
2011

Fiscal Year Ending Sept.
2010

Fiscal Year Ending Sept.
2009

Fiscal Year Ending Sept.
2008

Fiscal Year Ending Sept.
2007

Fiscal Year Ending Sept.
2006

Fiscal Year Ending Sept.
2005