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Filing year 2023

AVMED INC

Virginia Beach, Virginia·EIN 59-2742907·501(c)(4)
Total revenue
$698.7M
Total assets
$537M
Total expenses
$809.4M
Reported officers
23
Mission

THE MISSION OF AVMED, INC. IS TO HELP OUR MEMBERS LIVE HEALTHIER BY PROVIDING ACCESS TO HIGH QUALITY, AFFORDABLE HEALTH CARE SERVICES THROUGH A NETWORK OF CREDENTIALED HEALTH CARE PROVIDERS LOCATED THROUGHOUT AVMED INC.'S SERVICE AREAS. AVMED, INC. PROVIDES AFFORDABLE, NON-COMMERCIAL-TYPE HEALTH BENEFITS CONTRACTS, EDUCATES ITS ENROLLEES ABOUT HEALTH ISSUES, PROVIDES WELLNESS AND DISEASE PREVENTION PROGRAMS, CONDUCTS HEALTH FAIRS, PROVIDES DISEASE AND CHRONIC CARE MANAGEMENT PROGRAMS, MANAGES COMPLEX CASES, AND PROVIDES PRESCRIPTION DRUGS AND CERTAIN MEDICAL RESEARCH PROGRAMS. AVMED, INC. OFFERS ITS PROGRAM OF SERVICES AT AFFORDABLE FIXED PRICES TO FLORIDA EMPLOYERS AND VULNERABLE POPULATIONS INCLUDING INDIVIDUALS, SMALL EMPLOYER GROUPS AND SENIOR CITIZENS THROUGH THE MEDICARE ADVANTAGE PROGRAM (INCLUDING PRESCRIPTION DRUGS).

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2023

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

Director
Board Member
Above 90th percentile
$2M
$2.2M
Base
$710k
Bonus
$1M
Other
$266k
Benefits
$30k
Sr. VP Provider Solutions
Board Vice President
Above 90th percentile
$970k
$1.1M
Base
$394k
Bonus
$481k
Other
$47k
Benefits
$35k
Sr. VP Chief Marketing Officer
Board Vice President
Above 90th percentile
$964k
$1.1M
Base
$395k
Bonus
$484k
Other
$61k
Benefits
$17k
Sr. VP Chief People Officer
Board Vice President
Above 90th percentile
$935k
$1M
Base
$390k
Bonus
$469k
Other
$48k
Benefits
$14k
Sr. VP Chief Actuary, CIO
Chief Information Officer
Above 90th percentile
$928k
$1M
Base
$405k
Bonus
$459k
Other
$21k
Benefits
$29k
Sr. VP CMO (thru 9/8/23)
Board Vice President
Above 90th percentile
$737k
$804k
Base
$342k
Bonus
$306k
Other
$51k
Benefits
$23k
Regional Medical Director
Highest Compensated Employee
Above 90th percentile
$693k
$756k
Base
$316k
Bonus
$279k
Other
$52k
Benefits
$35k
VP Finance
Board Vice President
Above 90th percentile
$678k
$741k
Base
$311k
Bonus
$290k
Other
$32k
Benefits
$32k
VP Product Portfolio Mgmt
Board Vice President
Above 90th percentile
$629k
$687k
Base
$289k
Bonus
$253k
Other
$49k
Benefits
$27k
VP Deputy General Counsel
Board Vice President
Above 90th percentile
$595k
$650k
Base
$290k
Bonus
$244k
Other
$48k
Benefits
$4k
VP Provider Contract & Svs
Board Vice President
Above 90th percentile
$566k
$618k
Base
$279k
Bonus
$234k
Other
$27k
Benefits
$15k
Director/president
75th to 90th percentile
$197k
$215k
Secretary
Secretary (Operational)
75th to 90th percentile
$144k
$157k
Treasurer
Median to 75th percentile
$136k
$148k
Director
Officer (Unspecified)
$85k
$93k
Director
Board Member
Median to 75th percentile
$34k
$37k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 7 unpaid individuals.

FAQ

Common questions about AVMED INC

What does the Board Member of AVMED INC earn?

In 2023, the Board Member of AVMED INC received $2,032,811 in total compensation. This pay is in the top 10% for Board Member roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at AVMED INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at AVMED INC falls in the top 10%.

What are AVMED INC's revenue and expenses?

In 2023, AVMED INC reported $698.7M in total revenue and $809.4M in total expenses on its IRS Form 990.

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