EIN 52-0742132

Worlwide Assurance for Employees of Public Agencies (WAEPA)

Name: Worlwide Assurance for Employees of Public Agencies (WAEPA) financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(9)

Num. employees

City

Falls Church

State

Virginia

Year formed

1943

Most recent tax filings

2023-12-01

NTEE code, primary

Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations

Description

Since 1943, WAEPA has been helping federal employees pay less for life insurance while giving them more benefit options for their money. Today, WAEPA protects over 42,000 federal employees and their families with $9 Billion in life insurance coverage.

Also known as...

Worldwide Assurance for Employees of Public Agencies

Total revenues

$47,907,472

2023

Total expenses

$54,953,654

2023

Total assets

$127,034,613

2023

Num. employees

2023

Program areas at WAEPA

Provide term life insurance and short-term disability insurance under group policies issued to waepa.

Provide a college scholarship program for children of waepa's members.waepa awarded scholarships totaling $202,500 for the year ended december 31, 2023.

Provide seminars on financial and retirement planning and writtenguides on federal employment related issues, on participation in thefederal employee health program offered through the federal government,and on qualifications for federal student aid.

Grants made by WAEPA

Grantee	Grant description	Grant year	Amount
Blacks In Government	2023 Flag Program	2023-12	$100,000

Personnel at WAEPA

Name	Title	Compensation	Date of data
M Shane Canfield	Chief Executive Officer	$401,779	2023-12-31
Laura Lee	Chief Financial Officer	$282,463	2024-05-10
Stacy Outlaw	Chief Marketing Officer	$229,118	2023-12-31
Brandon Jones	Chief Information Officer	$258,574	2022-12-31
Michele Smith	Marketing Director	$152,722	2023-12-31
...and 15 more key personnel

Financials for WAEPA

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$0	$0	-
Program services	$41,853,076	$38,242,009	9.4%
Investment income and dividends	$2,502,831	$2,695,837	-7.2%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$3,512,881	$530,578	562.1%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$38,684	$0	999%
Total revenues	$47,907,472	$41,468,424	15.5%

Form 990s for WAEPA

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-05-10	990	View PDF
2022-12	2023-05-14	990	View PDF
2021-12	2022-05-13	990	View PDF
2020-12	2021-06-14	990	View PDF
2018-12	2020-01-14	990	View PDF
...and 9 more Form 990s

Organizations like WAEPA

Organization	Type	Location	Revenue
Military Benefit Association (MBA)	501(c)(9)	Chantilly, VA	$40,665,680
United States Letter Carriers Mutual Benefit Association	501(c)(5)	Washington, DC	$30,807,068
Armed Forces Benefit Association (AFBA)	501(c)(9)	Alexandria, VA	$134,666,831
Wisconsin Health Fund (WHF)	501(c)(9)	Milwaukee, WI	$33,655,123
Western Growers	501(c)(9)	Irvine, CA	$197,927,774
Local 807 Labor-Management Health Fund	501(c)(9)	Long Island City, NY	$18,002,169
Organization of Staff Analysts (OSA)	501(c)(9)	New York, NY	$20,589,413
Ben Hudnall Memorial Trust	501(c)(9)	Oakland, CA	$50,973,816
Trucking Employees of North Jersey Welfare Fund	501(c)(9)	Union City, NJ	$16,273,614
The Benchmark Management Company Employee Benefit Trust	501(c)(9)	The Woodlands, TX	$26,065,680

Data update history

July 21, 2024

Updated personnel

Identified 6 new personnel

July 15, 2024

Posted financials

Added Form 990 for fiscal year 2023

July 9, 2024

Used new vendors

Identified 3 new vendors, including , , and

November 25, 2023

Posted financials

Added Form 990 for fiscal year 2021

July 3, 2023

Posted financials

Added Form 990 for fiscal year 2022

Nonprofit Types

Fraternal societiesMutual assistance organizationsInsurance companiesEnvironmental organizations

Issues

No issues found

Characteristics

Political advocacyProvides scholarships

General information

Address: 433 Park Ave; Falls Church, VA 22046
Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV
County: Falls Church city, VA
Website URL: waepa.org/
Phone: (703) 790-8010
Facebook page: waepanews
Twitter profile: @waepa_news

IRS details

EIN: 52-0742132
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1943
Eligible to receive tax-deductible contributions (Pub 78): No

Categorization

NTEE code, primary: Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations
NAICS code, primary: 524126: Direct Property and Casualty Insurance Carriers
Parent/child status: Independent

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Worlwide Assurance for Employees of Public Agencies (WAEPA)

Program areas at WAEPA

Grants made by WAEPA

Personnel at WAEPA

Financials for WAEPA

Form 990s for WAEPA

Organizations like WAEPA

Nonprofits

Product

Customers

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