TO CREATE AND MAINTAIN A LEGISLATIVE, REGULATORY, AND JUDICIAL ENVIRONMENT IN THE STATE OF NEW YORK THAT ENCOURAGES THE MEMBERS OF LIFE INSURANCE COUNCIL OF NEW YORK (LICONY) TO CONDUCT AND GROW THEIR LIFE INSURANCE BUSINESS.
Executive compensation, broken down
Form 990 · Schedule J · 6 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $533k
- Bonus
- $104k
- Other
- —
- Benefits
- $59k
- Base
- $409k
- Bonus
- $49k
- Other
- $30k
- Benefits
- $12k
- Base
- $284k
- Bonus
- $28k
- Other
- —
- Benefits
- $50k
- Base
- $165k
- Bonus
- $15k
- Other
- —
- Benefits
- $6k
- Base
- $140k
- Bonus
- —
- Other
- —
- Benefits
- $5k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Former President & CEO Former Officer/director/trustee Above 90th percentile | $533k | $104k | — | $59k | $711k $768k |
Managing Director, Regulatory Affairs Key Employee Above 90th percentile | $409k | $49k | $30k | $12k | $511k $552k |
Managing Director, Legislative Affairs Key Employee 75th to 90th percentile | $284k | $28k | — | $50k | $376k $406k |
Director, Operations Median to 75th percentile | $165k | $15k | — | $6k | $194k $210k |
President & CEO Median to 75th percentile | $140k | — | — | $5k | $150k $162k |
Executive Assistant Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $118k $127k |
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 16 unpaid individuals.
Up 5%
from 2023
From $677k in 2023 to $711k 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.
Key Employee pay rose 12% from 2023 to 2024, while revenue rose 34%.
- Chief Operating Officer pay rose 11% from 2023 to 2024.
- Chief Executive Officer pay fell 78% 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
LIFE INSURANCE COUNCIL OF NEW YORK INC reported revenue and expenses across 2 filing years.
Common questions about LIFE INSURANCE COUNCIL OF NEW YORK INC
What does the Former Officer/director/trustee of LIFE INSURANCE COUNCIL OF NEW YORK INC earn?
In 2024, the Former Officer/director/trustee of LIFE INSURANCE COUNCIL OF NEW YORK INC received $711,033 in total compensation. This pay is in the top 10% for Former Officer/director/trustee roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Former Officer/director/trustee pay at LIFE INSURANCE COUNCIL OF NEW YORK INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Former Officer/director/trustee at LIFE INSURANCE COUNCIL OF NEW YORK INC falls in the top 10%.
What are LIFE INSURANCE COUNCIL OF NEW YORK INC's revenue and expenses?
In 2024, LIFE INSURANCE COUNCIL OF NEW YORK INC reported $4.4M in total revenue and $4.1M in total expenses on its IRS Form 990.
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