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Filing year 2023

KENTUCKY ASSOCIATION OF MANUFACTURERS GROUP INSURANCE TRUST

Frankfort, Kentucky·EIN 87-6426781·NTEE Y43 · Mutual & Membership Benefit·9
Total revenue
$8.8M
Total assets
$704k
Total expenses
$8.8M
Reported officers
4
Mission

TO PROVIDE GROUP HEALTH INSURANCE AND OTHER WELFARE BENEFITS TO THE MEMBERS AND EMPLOYEES OF THE KENTUCKY ASSOCIATION OF MANUFACTURERS (KAM), AS WELL AS QUALIFYING DEPENDENTS OF KAM, BY ISSUANCE OF ONE OR MORE FULLY INSURED INSURANCE POLICIES.

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2023

Trustee
board member
$26k
$28k
Trustee
board member
$1k
$1k

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 2 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Up 31%
from 2022

From $20k in 2022 to $26k in 2023.

$20k
2022
$26k
2023
In today's dollarsEst.
Up 26% in real terms$23k to $28k

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.

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

Revenue and expenses over time

KENTUCKY ASSOCIATION OF MANUFACTURERS GROUP INSURANCE TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$9.7M
$9.7M
2022
$8.8M
$8.8M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Mutual & Membership Benefit executives earn

Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $19,468.

25th percentile
$6k
Median
$19,468
75th percentile
$79k
90th percentile
$193k

These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 294 organizations across 294 filings (2021 – 2023).

See full Mutual & Membership Benefit compensation data
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