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Filing year 2024

GUARANTY ASSOCIATION BENEFITS COMPANY

Washington, District of Columbia·EIN 45-3635388·NTEE S41 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$57.7M
Total assets
$1.3B
Total expenses
$46M
Reported officers
12
Mission

THE ORGANIZATION OPERATES TO PROTECT, IN ACCORDANCE WITH A COURT-APPROVED LIQUIDATION PLAN, INDIVIDUALS RELYING UPON ANNUITIES ISSUED BY INSOLVENT EXECUTIVE LIFE INSURANCE COMPANY OF NEW YORK, IN FURTHERANCE OF THE COMMON INTERESTS OF THE STATE GUARANTY ASSOCIATIONS AND THEIR MEMBERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in District of Columbia.

Vice President Operations
Vice President
Above 90th percentilevs Community Improvement & Capacity Building peers nationwide
$471k
$501k
Base
$471k
Bonus
Other
Benefits
Director, President
Below 10th percentile
$21k
$23k
Special Counsel
Officer (Unspecified)
$12k
$12k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at GUARANTY ASSOCIATION BENEFITS COMPANY equaled 1% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
1%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 23%
from 2023

From $384k in 2023 to $471k in 2024.

$384k
2023
$471k
2024
In today's dollarsEst.
Up 19% in real terms$421k to $501k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Vice President pay rose 23% from 2023 to 2024, while revenue fell 2%.

$384k in 2023 to $471k in 2024.
  • Chief Executive Officer pay fell 64% 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about GUARANTY ASSOCIATION BENEFITS COMPANY

What does the Vice President of GUARANTY ASSOCIATION BENEFITS COMPANY earn?

In 2024, the Vice President of GUARANTY ASSOCIATION BENEFITS COMPANY received $471,350 in total compensation. This pay is in the top 10% for Vice President roles among Community Improvement & Capacity Building organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Vice President pay at GUARANTY ASSOCIATION BENEFITS COMPANY compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2024 pay of the Vice President at GUARANTY ASSOCIATION BENEFITS COMPANY falls in the top 10%. In 2024, the highest total compensation at GUARANTY ASSOCIATION BENEFITS COMPANY equaled 1% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are GUARANTY ASSOCIATION BENEFITS COMPANY's revenue and expenses?

In 2024, GUARANTY ASSOCIATION BENEFITS COMPANY reported $57.7M in total revenue and $46M in total expenses on its IRS Form 990.

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