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Filing year 2024

Insurance Security Fund

Madison, Wisconsin·EIN 23-7365644·501(c)(6)
Total revenue
$14.9M
Total assets
$41.1M
Total expenses
$9.6M
Reported officers
16
Mission

The Insurance Security Fund has one mission, accomplished through one program to maintain public confidence in the promises of insurers by providing a mechanism for protecting insureds from loss in the event of liquidation of insurers and to provide continuation of protection under insurance policies as specified by Wisconsin State Statutes.

Executive compensation

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.

Executive Director
75th to 90th percentile
$235k
$252k
Associate Director Operations Finance
Median to 75th percentile
$141k
$151k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 14 unpaid individuals.

Up 2%
from 2023

From $230k in 2023 to $235k in 2024.

$230k
2023
$235k
2024
In today's dollarsEst.
Down 1% in real terms$254k to $252k

Estimated with BLS CPI-U for the Midwest 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 rose 2% from 2023 to 2024, while revenue rose 431%.

$230k in 2023 to $235k in 2024.
  • Chief Financial Officer pay rose 4% from 2023 to 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.
Financial trend

Revenue and expenses over time

Insurance Security Fund reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.8M
$4.2M
2023
$14.9M
$9.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Insurance Security Fund

What does the Chief Executive Officer of Insurance Security Fund earn?

In 2024, the Chief Executive Officer of Insurance Security Fund received $234,640 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 Security Fund 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 Security Fund falls between the 75th and 90th percentiles.

What are Insurance Security Fund's revenue and expenses?

In 2024, Insurance Security Fund reported $14.9M in total revenue and $9.6M in total expenses on its IRS Form 990.

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