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Filing year 2023

ALBEDO INSURANCE COMPANY IC

Los Angeles, California·EIN 85-1454978·3
Total revenue
$55.6M
Total assets
$152M
Total expenses
$43M
Reported officers
10

Executive compensation

Form 990 · Schedule J · 10 reported individuals · Filing year 2023

Director
board member
$295k
$326k
Director
board member
$239k
$264k
Treasurer(until 4/22/24)/dir.
board treasurer
$146k
$162k
Director (as of 6/28/24)
board member
$145k
$161k
Director (until 6/28/24)
board member
$85k
$94k
Secretary
secretary (operational)
$74k
$82k
President/director
$64k
$70k
Treasurer (as of 4/22/24)
$62k
$69k
Director (as of 6/28/2024)
board member
$59k
$66k
Fin/data Analytics Manager
highest compensated employee
$43k
$47k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Down 48%
from 2022

From $571k in 2022 to $295k in 2023.

$571k
2022
$295k
2023
In today's dollarsEst.
Down 50% in real terms$653k to $326k

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

ALBEDO INSURANCE COMPANY IC reported revenue and expenses across 2 filing years.

RevenueExpenses
$42.9M
$33.1M
2022
$55.6M
$43M
2023
Total revenue and total expenses from IRS Form 990 filings.
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