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Filing year 2023

INDEPENDENT COLLEGES & UNIVERSITIES BENEFITS ASSOCIATION INC

Orlando, Florida·EIN 42-1576411·501(c)(9)
Total revenue
$108.7M
Total assets
$56.5M
Total expenses
$111.2M
Reported officers
15
Mission

TO PROVIDE LIFE, HEALTH, ACCIDENT, OR OTHER BENEFITS CONSISTENT WITH TAXPAYER'S EXEMPT STATUS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2023

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

President & CEO
Above 90th percentile
$347k
$379k
Base
$275k
Bonus
$61k
Other
Benefits
CFO
75th to 90th percentile
$251k
$274k
Base
$231k
Bonus
$10k
Other
Benefits
COO
Median to 75th percentile
$178k
$194k
Base
$150k
Bonus
$24k
Other
Benefits
Chairman
Board Chair
Median to 75th percentile
$44k
$49k
Director
Board Member
Median to 75th percentile
$25k
$27k
Director
Board Member
Median to 75th percentile
$23k
$26k
Director
Board Member
Median to 75th percentile
$19k
$21k
Director
Board Member
25th percentile to median
$16k
$17k
Director
Board Member
25th percentile to median
$11k
$12k
Treasurer
Board Treasurer
Median to 75th percentile
$10k
$11k
Director
Board Member
25th percentile to median
$5k
$5k

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 4 unpaid individuals.

Up 9%
from 2022

From $318k in 2022 to $347k in 2023.

$318k
2022
$347k
2023
In today's dollarsEst.
Up 4% in real terms$363k to $379k

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

Chief Executive Officer pay rose 9% from 2022 to 2023, while revenue rose 10%.

$318k in 2022 to $347k in 2023.
  • Chief Financial Officer pay held roughly steady from 2022 to 2023.
  • Chief Operating Officer pay fell 24% from 2022 to 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 COLLEGES & UNIVERSITIES BENEFITS ASSOCIATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$99.2M
$97.8M
2022
$108.7M
$111.2M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about INDEPENDENT COLLEGES & UNIVERSITIES BENEFITS ASSOCIATION INC

What does the Chief Executive Officer of INDEPENDENT COLLEGES & UNIVERSITIES BENEFITS ASSOCIATION INC earn?

In 2023, the Chief Executive Officer of INDEPENDENT COLLEGES & UNIVERSITIES BENEFITS ASSOCIATION INC received $346,609 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at INDEPENDENT COLLEGES & UNIVERSITIES BENEFITS ASSOCIATION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at INDEPENDENT COLLEGES & UNIVERSITIES BENEFITS ASSOCIATION INC falls in the top 10%.

What are INDEPENDENT COLLEGES & UNIVERSITIES BENEFITS ASSOCIATION INC's revenue and expenses?

In 2023, INDEPENDENT COLLEGES & UNIVERSITIES BENEFITS ASSOCIATION INC reported $108.7M in total revenue and $111.2M in total expenses on its IRS Form 990.

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