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Filing year 2024

Massachusetts Insurance Federation Inc

Boston, Massachusetts·EIN 45-0507615·NTEE S41 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$577k
Total assets
$762k
Total expenses
$501k
Reported officers
26
Mission

TO FOSTER A RELATIONSHIP OF UNDERSTANDING AND RESPECT BETWEEN THE PEOPLE AND THE GOVERNMENT OF MASSACHUSETTS AND THE BUSINESS OF PROPERTY AND CASUALTY INSURANCE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

Executive Director
75th to 90th percentile
$287k
$307k
Base
$255k
Bonus
Other
Benefits
$9k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 25 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 Massachusetts Insurance Federation Inc equaled 57% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
57%
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 13%
from 2023

From $254k in 2023 to $287k in 2024.

$254k
2023
$287k
2024
In today's dollarsEst.
Up 10% in real terms$279k to $307k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, 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 13% from 2023 to 2024, while revenue fell 1%.

$254k in 2023 to $287k 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 Massachusetts Insurance Federation Inc

What does the Chief Executive Officer of Massachusetts Insurance Federation Inc earn?

In 2024, the Chief Executive Officer of Massachusetts Insurance Federation Inc received $287,164 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Massachusetts, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Massachusetts Insurance Federation Inc compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Massachusetts, the 2024 pay of the Chief Executive Officer at Massachusetts Insurance Federation Inc falls between the 75th and 90th percentiles. In 2024, the highest total compensation at Massachusetts Insurance Federation Inc equaled 57% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are Massachusetts Insurance Federation Inc's revenue and expenses?

In 2024, Massachusetts Insurance Federation Inc reported $577k in total revenue and $501k in total expenses on its IRS Form 990.

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