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 · Part VII & Schedule J · 2 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.
| Position | Total |
|---|---|
Trustee Board Member Median to 75th percentile | $26k $28k |
Trustee Board Member 10th to 25th percentile | $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.
Top pay as a share of expenses
In 2023, the highest total compensation at KENTUCKY ASSOCIATION OF MANUFACTURERS GROUP INSURANCE TRUST equaled 0.3% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 31%
from 2022
From $20k in 2022 to $26k in 2023.
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.
Board Member pay rose 31% from 2022 to 2023, while revenue fell 9%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about KENTUCKY ASSOCIATION OF MANUFACTURERS GROUP INSURANCE TRUST
What does the Board Member of KENTUCKY ASSOCIATION OF MANUFACTURERS GROUP INSURANCE TRUST earn?
In 2023, the Board Member of KENTUCKY ASSOCIATION OF MANUFACTURERS GROUP INSURANCE TRUST received $26,072 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Mutual & Membership Benefit organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at KENTUCKY ASSOCIATION OF MANUFACTURERS GROUP INSURANCE TRUST compare with similar nonprofits?
Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2023 pay of the Board Member at KENTUCKY ASSOCIATION OF MANUFACTURERS GROUP INSURANCE TRUST falls between the median and the 75th percentile. In 2023, the highest total compensation at KENTUCKY ASSOCIATION OF MANUFACTURERS GROUP INSURANCE TRUST equaled 0.3% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
What are KENTUCKY ASSOCIATION OF MANUFACTURERS GROUP INSURANCE TRUST's revenue and expenses?
In 2023, KENTUCKY ASSOCIATION OF MANUFACTURERS GROUP INSURANCE TRUST reported $8.8M in total revenue and $8.8M in total expenses on its IRS Form 990.
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