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Filing year 2023

Independent Insurance Agents of NJ

Trenton, New Jersey·EIN 22-1151205·501(c)(6)
Total revenue
$1.3M
Total assets
$4.1M
Total expenses
$1.4M
Reported officers
19
Mission

The Independent Insurance Agents of New Jersey was founded to promote and uphold the principles and practices of the American Independent Insurance Agency system and advance the independent insurance agency system through advocacy and professionalism while supporting member success in serving our communities with excellence.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 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
Median to 75th percentile
$160k
$179k
Base
$160k
Bonus
Other
Benefits
Chairman
Board Chair
10th to 25th percentile
$4k
$4k
Vice Chairman/treasurer
Officer (Unspecified)
$2k
$2k
National Director
Officer (Unspecified)
$1k
$1k
Immediate Past Chairman
Board Chair
Below 10th percentile
$1k
$1k

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 14 unpaid individuals.

Down 4%
from 2022

From $167k in 2022 to $160k in 2023.

$167k
2022
$160k
2023
In today's dollarsEst.
Down 7% in real terms$193k to $179k

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 fell 4% from 2022 to 2023, while revenue rose 12%.

$167k in 2022 to $160k in 2023.
  • Board Chair pay held roughly steady 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 of NJ reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.2M
$1.4M
2022
$1.3M
$1.4M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Independent Insurance Agents of NJ

What does the Chief Executive Officer of Independent Insurance Agents of NJ earn?

In 2023, the Chief Executive Officer of Independent Insurance Agents of NJ received $160,487 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Independent Insurance Agents of NJ 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 of NJ falls between the median and the 75th percentile.

What are Independent Insurance Agents of NJ's revenue and expenses?

In 2023, Independent Insurance Agents of NJ reported $1.3M in total revenue and $1.4M in total expenses on its IRS Form 990.

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