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Filing year 2023

AMERICAN ASSOCIATION OF INSURANCE SERVICES

Lisle, Illinois·EIN 36-2021360·501(c)(6)
Total revenue
$28.6M
Total assets
$28.4M
Total expenses
$27.9M
Reported officers
18
Mission

TO PROMOTE THE COMMON BUSINESS INTERESTS OF AFFILIATED INSURANCE COMPANIES AND ORGANIZED GROUPS OF INSURANCE COMPANIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President and CEO
Above 90th percentile
$1.2M
$1.4M
Base
$634k
Bonus
$567k
Other
Benefits
$5k
SVP
Senior Vice President
Above 90th percentile
$1.2M
$1.3M
Base
$554k
Bonus
$573k
Other
Benefits
$4k
Vice President of Actuarial Services / Chief Prici
Board Vice President
Above 90th percentile
$480k
$531k
Base
$347k
Bonus
$105k
Other
Benefits
$8k
Vp-legal & Compliance
Officer (Unspecified)
$470k
$521k
Base
$316k
Bonus
$133k
Other
Benefits
$1k
Vice President of Products
Board Vice President
Above 90th percentile
$456k
$505k
Base
$310k
Bonus
$110k
Other
Benefits
$18k
Director of Marketing & Communications
Director (Operational)
Above 90th percentile
$428k
$474k
Base
$293k
Bonus
$118k
Other
Benefits
$238
Vice President of Technology
Board Vice President
Above 90th percentile
$326k
$361k
Base
$246k
Bonus
$45k
Other
Benefits
$18k
President & CEO
Above 90th percentile
$313k
$346k
Base
$300k
Bonus
Other
Benefits
$66
Director of Human Resources
Highest Compensated Employee
75th to 90th percentile
$301k
$334k
Base
$212k
Bonus
$70k
Other
Benefits
$6k
Chief Financial Officer
Median to 75th percentile
$105k
$117k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Up 6%
from 2022

From $1.2M in 2022 to $1.2M in 2023.

$1.2M
2022
$1.2M
2023
In today's dollarsEst.
Up 3% in real terms$1.3M to $1.4M

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 6% from 2022 to 2023, while revenue rose 10%.

$1.2M in 2022 to $1.2M in 2023.
  • Senior Vice President pay rose 59% from 2022 to 2023.
  • Board Vice President pay rose 22% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Revenue and expenses over time

AMERICAN ASSOCIATION OF INSURANCE SERVICES reported revenue and expenses across 2 filing years.

RevenueExpenses
$26.1M
$27M
2022
$28.6M
$27.9M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about AMERICAN ASSOCIATION OF INSURANCE SERVICES

What does the Chief Executive Officer of AMERICAN ASSOCIATION OF INSURANCE SERVICES earn?

In 2023, the Chief Executive Officer of AMERICAN ASSOCIATION OF INSURANCE SERVICES received $1,226,677 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at AMERICAN ASSOCIATION OF INSURANCE SERVICES compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at AMERICAN ASSOCIATION OF INSURANCE SERVICES falls in the top 10%.

What are AMERICAN ASSOCIATION OF INSURANCE SERVICES's revenue and expenses?

In 2023, AMERICAN ASSOCIATION OF INSURANCE SERVICES reported $28.6M in total revenue and $27.9M in total expenses on its IRS Form 990.

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