TO PAY CLAIMS AGAINST INSOLVENT INSURANCE COMPANIES LICENSED TO TRANSACT LIFE AND HEALTH INSURANCE IN THE STATE OF MASSACHUSETTS.
Executive compensation
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 Mutual & Membership Benefit organizations nationwide.
| Position | Total |
|---|---|
Executive Director Median to 75th percentile | $121k $130k |
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 13 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at MASSACHUSETTS LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION equaled 0.1% 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 1%
from 2023
From $119k in 2023 to $121k 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.
Chief Executive Officer pay rose 1% from 2023 to 2024, while revenue rose 704%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about MASSACHUSETTS LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION
What does the Chief Executive Officer of MASSACHUSETTS LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION earn?
In 2024, the Chief Executive Officer of MASSACHUSETTS LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION received $120,750 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Mutual & Membership Benefit organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at MASSACHUSETTS LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION compare with similar nonprofits?
Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Chief Executive Officer at MASSACHUSETTS LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION falls between the median and the 75th percentile. In 2024, the highest total compensation at MASSACHUSETTS LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION equaled 0.1% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
What are MASSACHUSETTS LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION's revenue and expenses?
In 2024, MASSACHUSETTS LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION reported $120.7M in total revenue and $133M in total expenses on its IRS Form 990.
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