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Filing year 2024

BANK OF AMERICA GROUP BENEFITS PROGRAM TRUST

Dallas, Texas·EIN 95-7055654·NTEE Y43 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$2.8B
Total assets
$407.3M
Total expenses
$2.8B
Reported officers
1
Mission

PROVIDE EMPLOYEES AND THEIR DEPENDENTS WELFARE BENEFIT PLANS FOR LIFE, SICKNESS, ACCIDENT, MEDICAL, DISABILITY, SEVERANCE, AND OTHER SIMILAR BENEFITS

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.

Trustee
Board Member
75th to 90th percentile
$86k
$92k

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.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at BANK OF AMERICA GROUP BENEFITS PROGRAM TRUST equaled 0.0% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2024)
0.0%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 1%
from 2023

From $85k in 2023 to $86k in 2024.

$85k
2023
$86k
2024
In today's dollarsEst.
Down 1% in real terms$93k to $92k

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.

Pay for the position

Board Member pay rose 1% from 2023 to 2024, while revenue rose 4%.

$85k in 2023 to $86k in 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

BANK OF AMERICA GROUP BENEFITS PROGRAM TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.7B
$2.7B
2023
$2.8B
$2.8B
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

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.

25th percentile
$13k
Median
$55,169
75th percentile
$180k
90th percentile
$398k

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
FAQ

Common questions about BANK OF AMERICA GROUP BENEFITS PROGRAM TRUST

What does the Board Member of BANK OF AMERICA GROUP BENEFITS PROGRAM TRUST earn?

In 2024, the Board Member of BANK OF AMERICA GROUP BENEFITS PROGRAM TRUST received $86,365 in total compensation. This pay is in the top quarter for Board Member roles among Mutual & Membership Benefit organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at BANK OF AMERICA GROUP BENEFITS PROGRAM TRUST compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Board Member at BANK OF AMERICA GROUP BENEFITS PROGRAM TRUST falls between the 75th and 90th percentiles. In 2024, the highest total compensation at BANK OF AMERICA GROUP BENEFITS PROGRAM TRUST equaled 0.0% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are BANK OF AMERICA GROUP BENEFITS PROGRAM TRUST's revenue and expenses?

In 2024, BANK OF AMERICA GROUP BENEFITS PROGRAM TRUST reported $2.8B in total revenue and $2.8B in total expenses on its IRS Form 990.

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