NAMIC ORGANIZES AND LEADS ASSOCIATION MEMBER EFFORTS TO IMPROVE THE HEALTH AND PERFORMANCE OF THE PROPERTY CASUALTY INSURANCE THROUGH ITS GOVERNMENT AFFAIRS (ADVOCACY, LOBBYING, ISSUE MANAGEMENT, PUBLIC AFFAIRS, AND FEDERAL AND STATE GRASSROOTS EFFORTS INCLUDING POLITICAL ACTION); EDUCATION/CERTIFICATION (BOARD, EXECUTIVE, MANAGEMENT; TECHNICAL); AND INSURANCE BUSINESS SUPPORT SERVICES (PROFESSIONAL LIABILITY INSURANCE, COMPLIANCE, AND EMPLOYEE BENEFIT PROGRAMS). NAMIC'S EFFORTS ARE DIRECTED THROUGH ITS 501(C)6 PARENT ORGANIZATION AND WITHIN RELATED SUBSIDIARIES AND OTHER ENTITIES AS DESCRIBED HEREIN.
Executive compensation, broken down
Form 990 · Schedule J · 11 reported individuals · Filing year 2024
- Base
- $468k
- Bonus
- $299k
- Other
- $33k
- Benefits
- $33k
- Base
- $407k
- Bonus
- $139k
- Other
- $41k
- Benefits
- $24k
- Base
- $288k
- Bonus
- $96k
- Other
- $3k
- Benefits
- $26k
- Base
- $285k
- Bonus
- $94k
- Other
- $3k
- Benefits
- $24k
- Base
- $232k
- Bonus
- $75k
- Other
- $3k
- Benefits
- $9k
- Base
- $15k
- Bonus
- $98k
- Other
- $132k
- Benefits
- $6k
- Base
- $235k
- Bonus
- —
- Other
- $5k
- Benefits
- $696
- Base
- $156k
- Bonus
- $46k
- Other
- $3k
- Benefits
- $20k
- Base
- $77k
- Bonus
- $28k
- Other
- $17k
- Benefits
- $24k
- Base
- $89k
- Bonus
- —
- Other
- $3k
- Benefits
- $15k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & | $468k | $299k | $33k | $33k | $872k $938k |
SVP - Federa senior vice president | $407k | $139k | $41k | $24k | $678k $730k |
SVP - State senior vice president | $288k | $96k | $3k | $26k | $437k $470k |
SVP - Member senior vice president | $285k | $94k | $3k | $24k | $428k $460k |
SVP - Events senior vice president | $232k | $75k | $3k | $9k | $347k $373k |
Former CSO officer (unspecified) | $15k | $98k | $132k | $6k | $258k $277k |
General Coun highest compensated employee | $235k | — | $5k | $696 | $255k $275k |
General Coun highest compensated employee | $156k | $46k | $3k | $20k | $243k $261k |
Chief of Sta officer (unspecified) | $77k | $28k | $17k | $24k | $157k $169k |
CFO | $89k | — | $3k | $15k | $115k $124k |
Pres. & CEO | — | — | — | — | $29k $32k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 22 unpaid individuals.
Up 8%
from 2023
From $804k in 2023 to $872k in 2024.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Revenue and expenses over time
NATIONAL ASSOCIATION OF MUTUAL INSURANCE COMPANIES INC reported revenue and expenses across 2 filing years.
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