THE PRIMARY EXEMPT PURPOSE OF THE AMERICAN BUREAU OF SHIPPING VEBA MASTER TRUST IS TO PROVIDE BENEFITS TO ELIGIBLE MEMBERS AS SET FORTH IN THE AMERICAN BUREAU OF SHIPPING MASTER TRUST AGREEMENT.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.
| Position | Total |
|---|---|
Trustee Board Member Median to 75th percentile | $20k $21k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Top pay as a share of expenses
In 2024, the highest total compensation at AMERICAN BUREAU OF SHIPPING VEBA MASTER TRUST equaled 0.4% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 13%
from 2023
From $18k in 2023 to $20k in 2024.
Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Board Member pay rose 13% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
What Mutual & Membership Benefit executives earn in Texas
Comparable mutual & membership benefit organizations in Texas pay their highest-earning executive a median of $55,169.
These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 55 organizations across 55 filings (2023 – 2024).
See full Mutual & Membership Benefit pay data for Texas →Common questions about AMERICAN BUREAU OF SHIPPING VEBA MASTER TRUST
What does the Board Member of AMERICAN BUREAU OF SHIPPING VEBA MASTER TRUST earn?
In 2024, the Board Member of AMERICAN BUREAU OF SHIPPING VEBA MASTER TRUST received $20,485 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Mutual & Membership Benefit organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at AMERICAN BUREAU OF SHIPPING VEBA MASTER TRUST compare with similar nonprofits?
Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Board Member at AMERICAN BUREAU OF SHIPPING VEBA MASTER TRUST falls between the median and the 75th percentile. In 2024, the highest total compensation at AMERICAN BUREAU OF SHIPPING VEBA MASTER TRUST equaled 0.4% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
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