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Filing year 2023

INDEPENDENT CARE HEALTH BENEFIT TRUST

Garner, North Carolina·EIN 85-6586606·NTEE Y43 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$8.5M
Total assets
$4.6M
Total expenses
$9.7M
Reported officers
5
Mission

THE ORGANIZATION IS A MULTIPLE EMPLOYER WELFARE ARRANGEMENT (MEWA) WHICH PROVIDES MEDICAL AND PRESCRIPTION DRUG BENEFITS FOR ITS MEMBERS AND THEIR DEPENDENTS.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.

Trustee
Board Member
Above 90th percentile
$675k
$737k
Executive Business Advisor
Officer (Unspecified)
$17k
$18k

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 3 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at INDEPENDENT CARE HEALTH BENEFIT TRUST equaled 7% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2023)
7%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Top compensation, year by year

From $41k in 2022 to $675k in 2023.

$41k
2022
$675k
2023
In today's dollarsEst.
Up 1477% in real terms$47k to $737k

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

Board Member pay rose 1548% from 2022 to 2023, while revenue fell 1%.

$41k in 2022 to $675k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

INDEPENDENT CARE HEALTH BENEFIT TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$8.6M
$8.3M
2022
$8.5M
$9.7M
2023
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 $26,876.

25th percentile
$5k
Median
$26,876
75th percentile
$87k
90th percentile
$209k

These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 1,359 organizations across 1,359 filings (2021 – 2024).

See full Mutual & Membership Benefit compensation data

Similar Organizations

Similar sector (Y)Comparable revenue ($5.8M vs $8.5M)Same state (North Carolina)Similar size (7 vs 9 executives)
FAQ

Common questions about INDEPENDENT CARE HEALTH BENEFIT TRUST

What does the Board Member of INDEPENDENT CARE HEALTH BENEFIT TRUST earn?

In 2023, the Board Member of INDEPENDENT CARE HEALTH BENEFIT TRUST received $674,656 in total compensation. This pay is in the top 10% for Board Member roles among Mutual & Membership Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at INDEPENDENT CARE HEALTH BENEFIT TRUST compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2023 pay of the Board Member at INDEPENDENT CARE HEALTH BENEFIT TRUST falls in the top 10%. In 2023, the highest total compensation at INDEPENDENT CARE HEALTH BENEFIT TRUST equaled 7% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are INDEPENDENT CARE HEALTH BENEFIT TRUST's revenue and expenses?

In 2023, INDEPENDENT CARE HEALTH BENEFIT TRUST reported $8.5M in total revenue and $9.7M in total expenses on its IRS Form 990.

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