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Filing year 2024

Hamden Assurance Risk Retention Group Inc

Burlington, Vermont·EIN 20-8530788·NTEE Y20 · Mutual & Membership Benefit·3
Total revenue
$959k
Total assets
$113.8M
Total expenses
$1M
Reported officers
9
Mission

TO BENEFIT, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF THE CHARITABLE CLASS OF BENEFICIARIES, THROUGH THE PROVISION OF SELF-INSURANCE COVERAGE AND OTHER SERVICES THAT RISK RETENTION GROUPS ARE PERMITTED TO PROVIDE UNDER THE APPLICABLE FEDERAL AND STATE LAW; TO ACQUIRE, ESTABLISH, RETAIN AND MAINTAIN A FUND OR FUNDS TO BE HELD, INVESTED AND USED EXCLUSIVELY FOR THE FOREGOING PURPOSES.

Executive compensation

Form 990 · Schedule J · 6 reported individuals · Filing year 2024

Vice President
vice president
$56k
$61k
Treasurer
officer (unspecified)
$54k
$58k
Board President
board president
$46k
$50k
Board Secretary
board secretary
$37k
$39k
Board Vice President
board president
$23k
$25k
Former Board Vice President
former officer/director/trustee
$7k
$7k

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 3 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Down 16%
from 2023

From $67k in 2023 to $56k in 2024.

$67k
2023
$56k
2024
In today's dollarsEst.
Down 19% in real terms$75k to $61k

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

Hamden Assurance Risk Retention Group Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$990k
$911k
2023
$959k
$1M
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).

See full Mutual & Membership Benefit compensation data
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