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Filing year 2024

MSO INC

Glen Rock, New Jersey·EIN 52-1755454·501(c)(6)
Total revenue
$3.8M
Total assets
$2.4M
Total expenses
$3.2M
Reported officers
16
Mission

THE ORGANIZATION PROVIDES ITS MEMBER COMPANIES WITH A HIGH LEVEL OF VALUE AND INDIVIDUAL SERVICES. ITS MISSION IS TO FULFILL TO ITS MEMBER INSURANCE COMPANIES A DESIRED LEVEL OF CUSTOMIZED SERVICE. THE ORGANIZATION IS LICENSED TO PROVIDE PREMIUM INSURANCE RATING, INSPECTION, AND OTHER INSURANCE RELATED SERVICES FOR SUBSCRIBING PROPERTY AND LIABILITY INSURANCE COMPANIES IN ALL STATES AND WASHINGTON, DC. FEES FOR SUCH SERVICES, WHICH ARE GENERALLY BASED UPON PREMIUMS WRITTEN BY THE INSURANCE COMPANIES, ARE BILLED QUARTERLY AND ARE RECOGNIZED AS INCOME OVER THE ASSESSMENT PERIOD. IN ADDITION, THE ORGANIZATION PROVIDES EDUCATIONAL SERVICES TO THE PROPERTY AND CASUALTY INDUSTRY FOR THE CONTINUED EDUCATION OF INSUREDS, AGENTS/BROKERS, AND INSURANCE CARRIERS AND THEIR STAFFS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President & CEO
Above 90th percentile
$313k
$338k
Base
$301k
Bonus
Other
Benefits
$12k
Vice President
75th to 90th percentile
$148k
$160k
Vice President
75th to 90th percentile
$141k
$152k
Assistant Vice President
Vice President
75th to 90th percentile
$138k
$150k
Assistant Vice President
Vice President
Median to 75th percentile
$127k
$137k
Assistant Vice President
Vice President
Median to 75th percentile
$124k
$134k
Sr Vice President
Vice President
Median to 75th percentile
$73k
$79k
Chairman
Board Chair
25th percentile to median
$14k
$15k
Vice Chairman
Board Vice Chair
25th percentile to median
$8k
$9k
Trustee
Board Member
25th percentile to median
$8k
$9k
Trustee
Board Member
25th percentile to median
$7k
$8k
Trustee
Board Member
25th percentile to median
$7k
$8k
Treasurer
Officer (Unspecified)
$7k
$8k
Trustee
Board Member
25th percentile to median
$6k
$6k
Trustee
Board Member
25th percentile to median
$6k
$6k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Up 7%
from 2023

From $292k in 2023 to $313k in 2024.

$292k
2023
$313k
2024
In today's dollarsEst.
Up 3% in real terms$327k to $338k

Estimated with New York-Newark-Jersey City, NY-NJ-PA 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 7% from 2023 to 2024, while revenue rose 14%.

$292k in 2023 to $313k in 2024.
  • Vice President pay rose 10% from 2023 to 2024.
  • Board Chair pay fell 21% from 2023 to 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.
Financial trend

Revenue and expenses over time

MSO INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.3M
$2.9M
2023
$3.8M
$3.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MSO INC

What does the Chief Executive Officer of MSO INC earn?

In 2024, the Chief Executive Officer of MSO INC received $312,904 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MSO INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at MSO INC falls in the top 10%.

What are MSO INC's revenue and expenses?

In 2024, MSO INC reported $3.8M in total revenue and $3.2M in total expenses on its IRS Form 990.

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