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 · Part VII & Schedule J · 11 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- 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 & Above 90th percentile | $468k | $299k | $33k | $33k | $872k $938k |
SVP - Federa Senior Vice President Above 90th percentile | $407k | $139k | $41k | $24k | $678k $730k |
SVP - State Senior Vice President 75th to 90th percentile | $288k | $96k | $3k | $26k | $437k $470k |
SVP - Member Senior Vice President 75th to 90th percentile | $285k | $94k | $3k | $24k | $428k $460k |
SVP - Events Senior Vice President Median to 75th percentile | $232k | $75k | $3k | $9k | $347k $373k |
Former CSO Officer (Unspecified) | $15k | $98k | $132k | $6k | $258k $277k |
General Coun Highest Compensated Employee 75th to 90th percentile | $235k | — | $5k | $696 | $255k $275k |
General Coun Highest Compensated Employee 75th to 90th percentile | $156k | $46k | $3k | $20k | $243k $261k |
Chief of Sta Officer (Unspecified) | $77k | $28k | $17k | $24k | $157k $169k |
CFO Median to 75th percentile | $89k | — | $3k | $15k | $115k $124k |
Pres. & CEO 10th to 25th percentile | — | — | — | — | $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.
Chief Executive Officer pay rose 8% from 2023 to 2024, while revenue rose 8%.
- Senior Vice President pay rose 19% from 2023 to 2024.
- Highest Compensated Employee pay rose 2% 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
NATIONAL ASSOCIATION OF MUTUAL INSURANCE COMPANIES INC reported revenue and expenses across 2 filing years.
Common questions about NATIONAL ASSOCIATION OF MUTUAL INSURANCE COMPANIES INC
What does the Chief Executive Officer of NATIONAL ASSOCIATION OF MUTUAL INSURANCE COMPANIES INC earn?
In 2024, the Chief Executive Officer of NATIONAL ASSOCIATION OF MUTUAL INSURANCE COMPANIES INC received $871,895 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 NATIONAL ASSOCIATION OF MUTUAL INSURANCE COMPANIES 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 NATIONAL ASSOCIATION OF MUTUAL INSURANCE COMPANIES INC falls in the top 10%.
What are NATIONAL ASSOCIATION OF MUTUAL INSURANCE COMPANIES INC's revenue and expenses?
In 2024, NATIONAL ASSOCIATION OF MUTUAL INSURANCE COMPANIES INC reported $24.4M in total revenue and $25.9M in total expenses on its IRS Form 990.
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