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Filing year 2024

NEW JERSEY SELF-INSURERS GUARANTY ASSOCIATION

Middletown, New Jersey·EIN 22-3329794·NTEE S41 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$2.9M
Total assets
$4.5M
Total expenses
$3.7M
Reported officers
6
Mission

THE ASSOCIATION WAS CREATED BY THE NEW JERSEY STATE LEGISLATURE TO ISSUE WORKERS' COMPENSATION BENEFITS TO EMPLOYEES OF INSOLVENT SELF INSURED EMPLOYERS WHO HAVE COVERED CLAIMS.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in New Jersey.

Executive Director
Median to 75th percentile
$102k
$111k

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 5 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at NEW JERSEY SELF-INSURERS GUARANTY ASSOCIATION equaled 3% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
3%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 4%
from 2023

From $98k in 2023 to $102k in 2024.

$98k
2023
$102k
2024
In today's dollarsEst.
Roughly flat in real terms$110k to $111k

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 4% from 2023 to 2024, while revenue rose 7%.

$98k in 2023 to $102k in 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about NEW JERSEY SELF-INSURERS GUARANTY ASSOCIATION

What does the Chief Executive Officer of NEW JERSEY SELF-INSURERS GUARANTY ASSOCIATION earn?

In 2024, the Chief Executive Officer of NEW JERSEY SELF-INSURERS GUARANTY ASSOCIATION received $102,202 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in New Jersey, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NEW JERSEY SELF-INSURERS GUARANTY ASSOCIATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in New Jersey, the 2024 pay of the Chief Executive Officer at NEW JERSEY SELF-INSURERS GUARANTY ASSOCIATION falls between the median and the 75th percentile. In 2024, the highest total compensation at NEW JERSEY SELF-INSURERS GUARANTY ASSOCIATION equaled 3% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are NEW JERSEY SELF-INSURERS GUARANTY ASSOCIATION's revenue and expenses?

In 2024, NEW JERSEY SELF-INSURERS GUARANTY ASSOCIATION reported $2.9M in total revenue and $3.7M in total expenses on its IRS Form 990.

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