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Filing year 2024

FLORIDA INSURANCE GUARANTY ASSOCIATION INC

Tallahassee, Florida·EIN 59-1378046·501(c)(6)
Total revenue
$825.6M
Total assets
$827.3M
Total expenses
$542.7M
Reported officers
15
Mission

TO PROVIDE A MECHANISM FOR THE PAYMENT OF COVERED CLAIMS OF INSOLVENT INSURERS AND TO ASSIST IN THE DETECTION AND PREVENTION OF INSURER INSOLVENCIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024

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

Vice President of Claims
Vice President
75th to 90th percentile
$214k
$227k
Base
$171k
Bonus
$13k
Other
Benefits
$16k
Chief Operating Officer
Median to 75th percentile
$190k
$202k
Base
$147k
Bonus
$20k
Other
Benefits
$14k
HR Director
Highest Compensated Employee
Median to 75th percentile
$169k
$180k
Base
$132k
Bonus
$10k
Other
Benefits
$16k
Controller
Median to 75th percentile
$163k
$172k
Base
$127k
Bonus
$9k
Other
Benefits
$16k
Executive Director
Median to 75th percentile
$150k
$160k
Base
$130k
Bonus
Other
Benefits
$10k
IT Manager
25th percentile to median
$144k
$153k

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.

Plus 9 unpaid individuals.

Up 16%
from 2023

From $184k in 2023 to $214k in 2024.

$184k
2023
$214k
2024
In today's dollarsEst.
Up 13% in real terms$201k to $227k

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

Highest Compensated Employee pay fell 8% from 2023 to 2024, while revenue rose 73%.

$184k in 2023 to $169k in 2024.
  • Controller pay rose 28% 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

FLORIDA INSURANCE GUARANTY ASSOCIATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$478.4M
$773.9M
2023
$825.6M
$542.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about FLORIDA INSURANCE GUARANTY ASSOCIATION INC

What does the Vice President of FLORIDA INSURANCE GUARANTY ASSOCIATION INC earn?

In 2024, the Vice President of FLORIDA INSURANCE GUARANTY ASSOCIATION INC received $213,860 in total compensation. This pay is in the top quarter for Vice President roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Vice President pay at FLORIDA INSURANCE GUARANTY ASSOCIATION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Vice President at FLORIDA INSURANCE GUARANTY ASSOCIATION INC falls between the 75th and 90th percentiles.

What are FLORIDA INSURANCE GUARANTY ASSOCIATION INC's revenue and expenses?

In 2024, FLORIDA INSURANCE GUARANTY ASSOCIATION INC reported $825.6M in total revenue and $542.7M in total expenses on its IRS Form 990.

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