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Filing year 2024

Educators Mutual Insurance Association of Utah

Murray, Utah·EIN 87-0189237·9
Total revenue
$62.4M
Total assets
$239.5M
Total expenses
$45.9M
Reported officers
21
Mission

PROVIDE LIFE, ACCIDENT, & HEALTH INSURANCE TO EDUCATIONAL GROUPS.

Executive compensation, broken down

Form 990 · Schedule J · 21 reported individuals · Filing year 2024

Chief Executive Officer
$305k
$324k
Base
$109k
Bonus
$86k
Other
Benefits
$6k
Chief Financial Officer
$243k
$258k
Base
$82k
Bonus
$65k
Other
Benefits
$8k
Chief Operating Officer
$201k
$214k
Base
$68k
Bonus
$50k
Other
Benefits
$8k
Chief Actuary
key employee
$174k
$186k
Base
$57k
Bonus
$42k
Other
Benefits
$8k
Chief Information Officer
chief information officer
$167k
$178k
Base
$54k
Bonus
$35k
Other
Benefits
$8k
Chief Legal Counsel/compliance Officer
key employee
$151k
$161k
Base
$49k
Bonus
$33k
Other
Benefits
$8k
Senior VP - Sales and Marketing
senior vice president
$149k
$159k
Base
$55k
Bonus
$43k
Other
Benefits
$3k
VP - Utah Sales
vice president
$145k
$154k
Base
$44k
Bonus
$33k
Other
Benefits
$8k
Controller
highest compensated employee
$141k
$150k
Base
$44k
Bonus
$28k
Other
Benefits
$8k
IT Development Manager
highest compensated employee
$138k
$146k
Base
$43k
Bonus
$27k
Other
Benefits
$8k
Actuary
highest compensated employee
$135k
$144k
Base
$42k
Bonus
$26k
Other
Benefits
$8k
VP - Underwriting
vice president
$135k
$144k
Base
$42k
Bonus
$27k
Other
Benefits
$8k
Board Member
board member
$4k
$4k
Board Member
board member
$4k
$4k
Board Member
board member
$4k
$4k
Board Member
board member
$4k
$4k
Board Member
board member
$3k
$4k
Board Member
board member
$3k
$4k
Board Member
board member
$3k
$3k
Board Member
board member
$3k
$3k
Board Member
board member
$3k
$3k

Teal figures restate each filed amount in 2026 dollars.

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

Up 3%
from 2023

From $297k in 2023 to $305k in 2024.

$297k
2023
$305k
2024
In today's dollarsEst.
Roughly flat in real terms$325k to $324k

Estimated with BLS CPI-U for the West 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

Educators Mutual Insurance Association of Utah reported revenue and expenses across 2 filing years.

RevenueExpenses
$58.1M
$54.3M
2023
$62.4M
$45.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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