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Filing year 2024

Insurance Institute of Kentucky

Lexington, Kentucky·EIN 31-1474334·NTEE S41 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$279k
Total assets
$141k
Total expenses
$280k
Reported officers
9
Mission

The Insurance Institute of Kentucky is a non-profit corporation dedicated to educating, supporting, and assisting the Kentucky insurance consumer, market, and industry.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

Association Manager
Key Employee
25th percentile to median
$90k
$95k
President
Key Employee
10th to 25th percentile
$40k
$42k
Financial Director
25th percentile to median
$24k
$25k

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 6 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Insurance Institute of Kentucky equaled 32% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
32%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 18%
from 2023

From $76k in 2023 to $90k in 2024.

$76k
2023
$90k
2024
In today's dollarsEst.
Up 15% in real terms$83k to $95k

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

Key Employee pay rose 200% from 2023 to 2024, while revenue rose 1%.

$30k in 2023 to $90k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Insurance Institute of Kentucky

What does the Key Employee of Insurance Institute of Kentucky earn?

In 2024, the Key Employee of Insurance Institute of Kentucky received $90,000 in total compensation. This pay is below the median (the midpoint) for Key Employee roles among Community Improvement & Capacity Building organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at Insurance Institute of Kentucky compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2024 pay of the Key Employee at Insurance Institute of Kentucky falls between the 25th percentile and the median. In 2024, the highest total compensation at Insurance Institute of Kentucky equaled 32% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are Insurance Institute of Kentucky's revenue and expenses?

In 2024, Insurance Institute of Kentucky reported $279k in total revenue and $280k in total expenses on its IRS Form 990.

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