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Filing year 2024

BLACK INSURANCE INDUSTRY COLLECTIVE INC

Malvern, Pennsylvania·EIN 88-1174446·6
Total revenue
$463k
Total assets
$534k
Total expenses
$471k
Reported officers
3
Mission

TO ACCELERATE THE ADVANCEMENT OF BLACK PROFESSIONALS IN THE INSURANCE INDUSTRY AND INCREASE THE REPRESENTATION OF BLACK LEADERS AT THE EXECUTIVE LEVEL

Executive compensation

Form 990 · Schedule J · 3 reported individuals · Filing year 2024

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

Chairman
Board Chair
Above 90th percentile
$244k
$263k
Treasurer
Officer (Unspecified)
$69k
$74k
Secretary
Officer (Unspecified)
$65k
$70k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Up 11%
from 2023

From $221k in 2023 to $244k in 2024.

$221k
2023
$244k
2024
In today's dollarsEst.
Up 7% in real terms$246k to $263k

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Chair pay rose 11% from 2023 to 2024, while revenue rose 13%.

$221k in 2023 to $244k 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

BLACK INSURANCE INDUSTRY COLLECTIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$410k
$225k
2023
$463k
$471k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about BLACK INSURANCE INDUSTRY COLLECTIVE INC

What does the Board Chair of BLACK INSURANCE INDUSTRY COLLECTIVE INC earn?

In 2024, the Board Chair of BLACK INSURANCE INDUSTRY COLLECTIVE INC received $244,092 in total compensation. This pay is in the top 10% for Board Chair 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 Chair pay at BLACK INSURANCE INDUSTRY COLLECTIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Chair at BLACK INSURANCE INDUSTRY COLLECTIVE INC falls in the top 10%.

What are BLACK INSURANCE INDUSTRY COLLECTIVE INC's revenue and expenses?

In 2024, BLACK INSURANCE INDUSTRY COLLECTIVE INC reported $463k in total revenue and $471k in total expenses on its IRS Form 990.

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