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Filing year 2024

AMERICAN MUTUAL SHARE INSURANCE CORPORATION

Dublin, Ohio·EIN 23-7376679·501(c)(6)
Total revenue
$14.3M
Total assets
$372.1M
Total expenses
$12.2M
Reported officers
19
Mission

TO PROVIDE PRIMARY AND EXCESS SHARE (DEPOSIT) INSURANCE TO CREDIT UNIONS IN ACCORDANCE WITH ITS STATUTORY AUTHORITY UNDER OHIO REVISED CODE SECTION 1761, AS A MEMBER-OWNED, MUTUALLY ORGANIZED SHARE GUARANTY CORPORATION, AND THE NATION'S LARGEST NON-FEDERAL INSURER OF CREDIT UNION DEPOSITS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 19 reported individuals · Filing year 2024

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

President/ceo
Above 90th percentile
$819k
$880k
Base
$456k
Bonus
$97k
Other
$42k
Benefits
$11k
Interim CFO (1/24-4/24)/evp, COO
Above 90th percentile
$553k
$595k
Base
$320k
Bonus
$100k
Other
$30k
Benefits
$11k
Sales Manager
Highest Compensated Employee
Above 90th percentile
$468k
$504k
Base
$151k
Bonus
$267k
Other
$8k
Benefits
$12k
VP Information Technology
Board Vice President
Above 90th percentile
$465k
$500k
Base
$245k
Bonus
$48k
Other
$31k
Benefits
$34k
VP Sales & Marketing
Board Vice President
Above 90th percentile
$393k
$423k
Base
$219k
Bonus
$30k
Other
$23k
Benefits
$23k
Sales Manager
Highest Compensated Employee
75th to 90th percentile
$367k
$395k
Base
$136k
Bonus
$195k
Other
$6k
Benefits
Cfo/secretary/treasurer (begin 4/24)
75th to 90th percentile
$269k
$290k
Base
$189k
Bonus
$25k
Other
$684
Benefits
$23k
Controller
Above 90th percentile
$230k
$247k
Base
$178k
Bonus
$10k
Other
$2k
Benefits
$23k
Senior Finance Manager
Finance Manager
Above 90th percentile
$225k
$242k
Base
$165k
Bonus
$10k
Other
$7k
Benefits
$34k
Director, Hr, Admin & Programs
Highest Compensated Employee
Median to 75th percentile
$194k
$209k
Base
$165k
Bonus
$9k
Other
$828
Benefits
$11k
Cfo/secretary/treasurer (end 1/24)
Median to 75th percentile
$153k
$164k
Base
$7k
Bonus
Other
$145k
Benefits
$190
Board Chair/director
Officer (Unspecified)
$24k
$26k
Director
Board Member
Median to 75th percentile
$24k
$25k
Director
Board Member
Median to 75th percentile
$22k
$24k
Vice Chair/director
Board Member
Median to 75th percentile
$22k
$24k
Director
Board Member
Median to 75th percentile
$21k
$22k
Director
Board Member
Median to 75th percentile
$21k
$22k
Director (begin 04/24)
Board Member
25th percentile to median
$12k
$13k
Director (end 04/24)
Board Member
25th percentile to median
$9k
$9k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Down 9%
from 2023

From $895k in 2023 to $819k in 2024.

$895k
2023
$819k
2024
In today's dollarsEst.
Down 11% in real terms$989k to $880k

Estimated with BLS CPI-U for the Midwest region, 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 39% from 2023 to 2024, while revenue rose 49%.

$587k in 2023 to $819k in 2024.
  • Chief Financial Officer pay rose 51% from 2023 to 2024.
  • Highest Compensated Employee pay rose 28% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Revenue and expenses over time

AMERICAN MUTUAL SHARE INSURANCE CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$9.6M
$11.7M
2023
$14.3M
$12.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about AMERICAN MUTUAL SHARE INSURANCE CORPORATION

What does the Chief Executive Officer of AMERICAN MUTUAL SHARE INSURANCE CORPORATION earn?

In 2024, the Chief Executive Officer of AMERICAN MUTUAL SHARE INSURANCE CORPORATION received $818,529 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 MUTUAL SHARE INSURANCE CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at AMERICAN MUTUAL SHARE INSURANCE CORPORATION falls in the top 10%.

What are AMERICAN MUTUAL SHARE INSURANCE CORPORATION's revenue and expenses?

In 2024, AMERICAN MUTUAL SHARE INSURANCE CORPORATION reported $14.3M in total revenue and $12.2M in total expenses on its IRS Form 990.

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