NAAA VEBA BENEFIT TRUST (THE TRUST) IS A VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION WHOSE PRIMARY EXEMPT PURPOSE IS TO PROVIDE GROUP HEALTH BENEFITS AND MEDICARE PART-D COVERAGE FOR ELIGIBLE RETIREES OF THE NAVAL ACADEMY ATHLETIC ASSOCIATION.
Executive compensation
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.
| Position | Total |
|---|---|
Naaa President Board President Above 90th percentile | $62k $66k |
Naaa Cfo/treasurer Board Treasurer Above 90th percentile | $43k $46k |
Trustee Board Member 25th percentile to median | $8k $9k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Top pay as a share of expenses
In 2024, the highest total compensation at NAVAL ACADEMY ATHLETIC ASSOCIATION VEBA BENEFIT TRUST equaled 45% 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 62%
from 2023
From $38k in 2023 to $62k in 2024.
Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Board President pay rose 62% from 2023 to 2024, while revenue rose 48%.
- Board Treasurer pay rose 26% from 2023 to 2024.
- Board Member pay held roughly steady from 2023 to 2024.
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 NAVAL ACADEMY ATHLETIC ASSOCIATION VEBA BENEFIT TRUST
What does the Board President of NAVAL ACADEMY ATHLETIC ASSOCIATION VEBA BENEFIT TRUST earn?
In 2024, the Board President of NAVAL ACADEMY ATHLETIC ASSOCIATION VEBA BENEFIT TRUST received $61,918 in total compensation. This pay is in the top 10% for Board President roles among Mutual & Membership Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board President pay at NAVAL ACADEMY ATHLETIC ASSOCIATION VEBA BENEFIT TRUST compare with similar nonprofits?
Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Board President at NAVAL ACADEMY ATHLETIC ASSOCIATION VEBA BENEFIT TRUST falls in the top 10%. In 2024, the highest total compensation at NAVAL ACADEMY ATHLETIC ASSOCIATION VEBA BENEFIT TRUST equaled 45% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
What are NAVAL ACADEMY ATHLETIC ASSOCIATION VEBA BENEFIT TRUST's revenue and expenses?
In 2024, NAVAL ACADEMY ATHLETIC ASSOCIATION VEBA BENEFIT TRUST reported $386k in total revenue and $138k in total expenses on its IRS Form 990.
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