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Filing year 2023

INDEPENDENT INSURANCE AGENTS & BROKERS OF NEW YORK INC

DeWitt, New York·EIN 15-0544434·6
Total revenue
$2.5M
Total assets
$3.8M
Total expenses
$2.5M
Reported officers
23
Mission

THE MISSION OF THE INDEPENDENT INSURANCE AGENTS & BROKERS OF NEW YORK INC., IS TO CHAMPION INDEPENDENT INSURANCE AGENTS IN ALL WE DO AND PROVIDE THE RESOURCES THEY NEED TO BE THEIR BEST.

Executive compensation, broken down

Form 990 · Schedule J · 7 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
75th to 90th percentile
$189k
$211k
Base
$162k
Bonus
Other
Benefits
$375
AVP Government Relations
Officer (Unspecified)
$129k
$144k
AVP Communities & Relation
Highest Compensated Employee
Below 10th percentile
$85k
$95k
AVP Member Engagement
Highest Compensated Employee
Below 10th percentile
$68k
$75k
Director of Finance - Star
25th percentile to median
$68k
$75k
VP of Operations & Informa
Vice President
Median to 75th percentile
$64k
$72k
President of Iaac
Highest Compensated Employee
Below 10th percentile
$52k
$59k
Base
$22k
Bonus
Other
$237
Benefits
$3k

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 16 unpaid individuals.

Held steady
from 2022

From $189k in 2022 to $189k in 2023.

$189k
2022
$189k
2023
In today's dollarsEst.
Down 3% in real terms$218k to $211k

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.

Pay for the position

Chief Executive Officer pay held roughly steady from 2022 to 2023, while revenue fell 8%.

$189k in 2022 to $189k in 2023.
  • Highest Compensated Employee pay rose 7% from 2022 to 2023.
  • Chief Financial Officer pay rose 19% 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 INSURANCE AGENTS & BROKERS OF NEW YORK INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.7M
$2.6M
2022
$2.5M
$2.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about INDEPENDENT INSURANCE AGENTS & BROKERS OF NEW YORK INC

What does the Chief Executive Officer of INDEPENDENT INSURANCE AGENTS & BROKERS OF NEW YORK INC earn?

In 2023, the Chief Executive Officer of INDEPENDENT INSURANCE AGENTS & BROKERS OF NEW YORK INC received $189,178 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at INDEPENDENT INSURANCE AGENTS & BROKERS OF NEW YORK 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 INSURANCE AGENTS & BROKERS OF NEW YORK INC falls between the 75th and 90th percentiles.

What are INDEPENDENT INSURANCE AGENTS & BROKERS OF NEW YORK INC's revenue and expenses?

In 2023, INDEPENDENT INSURANCE AGENTS & BROKERS OF NEW YORK INC reported $2.5M in total revenue and $2.5M in total expenses on its IRS Form 990.

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