NJPLIGA WAS CREATED BY NJSA 17:30A-1 ET SEQ. THE STATUTE ESTABLISHES A MECHANISM FOR THE PAYMENT OF "COVERED CLAIMS" OF INSOLVENT INSURANCE COMPANIES. NJPLIGA IS FUNDED THROUGH MEMBER COMPANY ASSESSMENTS. THE STATUTE REQUIRES ALL INSURANCE COMPANIES LICENSED IN THE STATE OF NEW JERSEY WHICH WRITE ANY KIND OF INSURANCE TO WHICH THE NEW JERSEY PROPERTY-LIABILITY INSURANCE GUARANTY ASSOCIATION ACT APPLIES, TO BE MEMBERS OF NJPLIGA.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $296k
- Bonus
- —
- Other
- —
- Benefits
- $11k
- Base
- $233k
- Bonus
- —
- Other
- —
- Benefits
- $17k
- Base
- $192k
- Bonus
- —
- Other
- —
- Benefits
- $21k
- Base
- $182k
- Bonus
- —
- Other
- —
- Benefits
- $14k
- Base
- $181k
- Bonus
- —
- Other
- —
- Benefits
- $842
- Base
- $154k
- Bonus
- —
- Other
- —
- Benefits
- $27k
- Base
- $159k
- Bonus
- —
- Other
- —
- Benefits
- $17k
- Base
- $157k
- Bonus
- —
- Other
- —
- Benefits
- $27k
- Base
- $147k
- Bonus
- —
- Other
- —
- Benefits
- $14k
- Base
- $158k
- Bonus
- —
- Other
- —
- Benefits
- $884
- Base
- $159k
- Bonus
- —
- Other
- —
- Benefits
- $668
- Base
- $138k
- Bonus
- —
- Other
- —
- Benefits
- $632
- Base
- $119k
- Bonus
- —
- Other
- —
- Benefits
- $19k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Chief Executive Officer Above 90th percentile | $296k | — | — | $11k | $331k $358k |
Special Counsel Former Officer/director/trustee 75th to 90th percentile | $233k | — | — | $17k | $268k $290k |
Dir. of Compliance & IT Officer (Unspecified) | $192k | — | — | $21k | $229k $247k |
Director of Claims Director (Operational) Above 90th percentile | $182k | — | — | $14k | $211k $228k |
Director of Operations Median to 75th percentile | $181k | — | — | $842 | $197k $213k |
Asst Dir of Compliance & IT Highest Compensated Employee Median to 75th percentile | $154k | — | — | $27k | $193k $209k |
Software Develop. Manager Highest Compensated Employee Median to 75th percentile | $159k | — | — | $17k | $189k $205k |
Deputy Director of Claims Highest Compensated Employee Median to 75th percentile | $157k | — | — | $27k | $189k $204k |
Director of Human Resources Director (Operational) 75th to 90th percentile | $147k | — | — | $14k | $173k $187k |
Asst General Counsel Highest Compensated Employee Median to 75th percentile | $158k | — | — | $884 | $172k $186k |
Director of Siu Highest Compensated Employee Median to 75th percentile | $159k | — | — | $668 | $172k $186k |
Director of Finance Median to 75th percentile | $138k | — | — | $632 | $150k $162k |
Special Projects Coordinator Former Officer/director/trustee Median to 75th percentile | $119k | — | — | $19k | $147k $159k |
General Counsel Officer (Unspecified) | — | — | — | — | $43k $47k |
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 9 unpaid individuals.
Held steady
from 2023
From $330k in 2023 to $331k in 2024.
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.
Chief Executive Officer pay held roughly steady from 2023 to 2024, while revenue fell 30%.
- Former Officer/director/trustee pay rose 50% from 2023 to 2024.
- Director (Operational) 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
NEW JERSEY PROPERTY - LIABILITY INSURANCE GUARANTY ASSOCIATION reported revenue and expenses across 2 filing years.
Common questions about NEW JERSEY PROPERTY - LIABILITY INSURANCE GUARANTY ASSOCIATION
What does the Chief Executive Officer of NEW JERSEY PROPERTY - LIABILITY INSURANCE GUARANTY ASSOCIATION earn?
In 2024, the Chief Executive Officer of NEW JERSEY PROPERTY - LIABILITY INSURANCE GUARANTY ASSOCIATION received $330,714 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 NEW JERSEY PROPERTY - LIABILITY INSURANCE GUARANTY ASSOCIATION compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at NEW JERSEY PROPERTY - LIABILITY INSURANCE GUARANTY ASSOCIATION falls in the top 10%.
What are NEW JERSEY PROPERTY - LIABILITY INSURANCE GUARANTY ASSOCIATION's revenue and expenses?
In 2024, NEW JERSEY PROPERTY - LIABILITY INSURANCE GUARANTY ASSOCIATION reported $88.6M in total revenue and $90.7M in total expenses on its IRS Form 990.
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