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Filing year 2024

CRUDEN BAY RISK RETENTION GROUP INC

Burlington, Vermont·EIN 27-0057453·NTEE Y990 · Mutual & Membership Benefit·3
Total revenue
$6.6M
Total assets
$20.1M
Total expenses
$1.2M
Reported officers
6
Mission

CRUDEN BAY PROVIDES MEDICAL PROFESSIONAL LIABILITY COVERAGE AND DIRECTORS AND OFFICERS LIABILITY COVERAGE.

Executive compensation

Form 990 · Schedule J · 4 reported individuals · Filing year 2024

President and Treasurer
$194k
$210k
Director (to Aug '24)
board member
$119k
$129k
Director (to Aug '24)
board member
$110k
$118k
Assistant Treasurer
$98k
$106k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 2 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Up 8%
from 2023

From $180k in 2023 to $194k in 2024.

$180k
2023
$194k
2024
In today's dollarsEst.
Up 4% in real terms$201k to $210k

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

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

Revenue and expenses over time

CRUDEN BAY RISK RETENTION GROUP INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$6.2M
$6.4M
2023
$6.6M
$1.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Mutual & Membership Benefit executives earn

Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $19,468.

25th percentile
$6k
Median
$19,468
75th percentile
$79k
90th percentile
$193k

These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 294 organizations across 294 filings (2021 – 2023).

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