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Filing year 2024

INSURANCE COUNCIL OF NJ INC

Trenton, New Jersey·EIN 22-2233048·6
Total revenue
$991k
Total assets
$2M
Total expenses
$877k
Reported officers
21
Mission

THE INSURANCE COUNCIL OF NEW JERSEY IS AN INSURANCE RESEARCH, INFORMATION AND ADVOCACY ORGANIZATION FORMED TO CREATE A POSITIVE IMAGE AND UNDERSTANDING OF THE PROPERTY/CASUALTY INSURANCE BUSINESS AND TO PROMOTE A POSITIVE BUSINESS ENVIRONMENT THROUGH EDUCATION, PUBLIC INFORMATION AND COMMUNICATION.

Executive compensation, broken down

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

$263k
$284k
Base
$255k
Bonus
Other
Benefits
$8k
Vice President
vice president
$130k
$140k

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 19 unpaid individuals.

Up 4%
from 2023

From $252k in 2023 to $263k in 2024.

$252k
2023
$263k
2024
In today's dollarsEst.
Up 1% in real terms$281k to $284k

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.

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

Revenue and expenses over time

INSURANCE COUNCIL OF NJ INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$918k
$790k
2023
$991k
$877k
2024
Total revenue and total expenses from IRS Form 990 filings.
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