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Filing year 2024

Educators Mutual Insurance Association of Utah

Murray, Utah·EIN 87-0189237·501(c)(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 · Part VII & Schedule J · 21 reported individuals · Filing year 2024

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

Chief Executive Officer
Above 90th percentile
$305k
$324k
Base
$109k
Bonus
$86k
Other
Benefits
$6k
Chief Financial Officer
75th to 90th percentile
$243k
$258k
Base
$82k
Bonus
$65k
Other
Benefits
$8k
Chief Operating Officer
Median to 75th percentile
$201k
$214k
Base
$68k
Bonus
$50k
Other
Benefits
$8k
Chief Actuary
Key Employee
Median to 75th percentile
$174k
$186k
Base
$57k
Bonus
$42k
Other
Benefits
$8k
Chief Information Officer
25th percentile to median
$167k
$178k
Base
$54k
Bonus
$35k
Other
Benefits
$8k
Chief Legal Counsel/compliance Officer
Key Employee
Median to 75th percentile
$151k
$161k
Base
$49k
Bonus
$33k
Other
Benefits
$8k
Senior VP - Sales and Marketing
Senior Vice President
25th percentile to median
$149k
$159k
Base
$55k
Bonus
$43k
Other
Benefits
$3k
VP - Utah Sales
Board Vice President
Median to 75th percentile
$145k
$154k
Base
$44k
Bonus
$33k
Other
Benefits
$8k
Controller
Median to 75th percentile
$141k
$150k
Base
$44k
Bonus
$28k
Other
Benefits
$8k
IT Development Manager
IT Manager
25th percentile to median
$138k
$146k
Base
$43k
Bonus
$27k
Other
Benefits
$8k
Actuary
Highest Compensated Employee
25th percentile to median
$135k
$144k
Base
$42k
Bonus
$26k
Other
Benefits
$8k
VP - Underwriting
Board Vice President
Median to 75th percentile
$135k
$144k
Base
$42k
Bonus
$27k
Other
Benefits
$8k
Board Member
10th to 25th percentile
$4k
$4k
Board Member
10th to 25th percentile
$4k
$4k
Board Member
10th to 25th percentile
$4k
$4k
Board Member
10th to 25th percentile
$4k
$4k
Board Member
10th to 25th percentile
$3k
$4k
Board Member
10th to 25th percentile
$3k
$4k
Board Member
10th to 25th percentile
$3k
$3k
Board Member
10th to 25th percentile
$3k
$3k
Board Member
10th to 25th percentile
$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.

Pay for the position

Chief Executive Officer pay rose 3% from 2023 to 2024, while revenue rose 7%.

$297k in 2023 to $305k in 2024.
  • Chief Financial Officer pay rose 4% from 2023 to 2024.
  • Chief Operating Officer pay rose 10% from 2023 to 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

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.
FAQ

Common questions about Educators Mutual Insurance Association of Utah

What does the Chief Executive Officer of Educators Mutual Insurance Association of Utah earn?

In 2024, the Chief Executive Officer of Educators Mutual Insurance Association of Utah received $304,559 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Educators Mutual Insurance Association of Utah compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at Educators Mutual Insurance Association of Utah falls in the top 10%.

What are Educators Mutual Insurance Association of Utah's revenue and expenses?

In 2024, Educators Mutual Insurance Association of Utah reported $62.4M in total revenue and $45.9M in total expenses on its IRS Form 990.

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