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 · Part VII & Schedule J · 2 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $255k
- Bonus
- —
- Other
- —
- Benefits
- $8k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President 75th to 90th percentile | $255k | — | — | $8k | $263k $284k |
Vice President Median to 75th percentile | — | — | — | — | $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.
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.
Chief Executive Officer pay rose 4% from 2023 to 2024, while revenue rose 8%.
- Vice President pay rose 14% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
INSURANCE COUNCIL OF NJ INC reported revenue and expenses across 2 filing years.
Common questions about INSURANCE COUNCIL OF NJ INC
What does the Chief Executive Officer of INSURANCE COUNCIL OF NJ INC earn?
In 2024, the Chief Executive Officer of INSURANCE COUNCIL OF NJ INC received $263,354 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 INSURANCE COUNCIL OF NJ INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at INSURANCE COUNCIL OF NJ INC falls between the 75th and 90th percentiles.
What are INSURANCE COUNCIL OF NJ INC's revenue and expenses?
In 2024, INSURANCE COUNCIL OF NJ INC reported $991k in total revenue and $877k in total expenses on its IRS Form 990.
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