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 · Part VII & Schedule J · 6 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.
| Position | Total |
|---|---|
Vice President 75th to 90th percentile | $56k $61k |
Treasurer Officer (Unspecified) | $54k $58k |
Board President 75th to 90th percentile | $46k $50k |
Board Secretary Above 90th percentile | $37k $39k |
Board Vice President Board President 75th to 90th percentile | $23k $25k |
Former Board Vice President Former Officer/director/trustee Below 10th percentilevs all sectors nationwide | $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.
Top pay as a share of expenses
In 2024, the highest total compensation at Hamden Assurance Risk Retention Group Inc equaled 6% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Down 16%
from 2023
From $67k in 2023 to $56k in 2024.
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.
Vice President pay fell 16% from 2023 to 2024, while revenue fell 3%.
- Board President pay fell 10% from 2023 to 2024.
- Former Officer/director/trustee pay fell 11% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Hamden Assurance Risk Retention Group Inc
What does the Vice President of Hamden Assurance Risk Retention Group Inc earn?
In 2024, the Vice President of Hamden Assurance Risk Retention Group Inc received $56,155 in total compensation. This pay is in the top quarter for Vice President roles among Mutual & Membership Benefit organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Vice President pay at Hamden Assurance Risk Retention Group Inc compare with similar nonprofits?
Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Vice President at Hamden Assurance Risk Retention Group Inc falls between the 75th and 90th percentiles. In 2024, the highest total compensation at Hamden Assurance Risk Retention Group Inc equaled 6% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
What are Hamden Assurance Risk Retention Group Inc's revenue and expenses?
In 2024, Hamden Assurance Risk Retention Group Inc reported $959k in total revenue and $1M in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.
Learn More About Nonprofit Compensation
Guides to help you understand and use this data
How to Look Up Nonprofit Salaries
Two approaches to finding executive compensation at any tax-exempt organization, from raw IRS filings to searchable databases.
Read moreAre Nonprofit Salaries Public?
What IRS Form 990 discloses about executive compensation, who has to report it, and how to look it up.
Read moreHow to Benchmark Nonprofit Executive Compensation
A step-by-step approach to using IRS Form 990 data for compensation benchmarking and peer comparison.
Read more