THE NEW YORK COMPENSATION INSURANCE RATING BOARD (THE "BOARD") IS A RATE-SERVICE ORGANIZATION LICENSED BY THE NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES PURSUANT TO THE NEW YORK STATE INSURANCE LAW. THE BOARD COLLECTS AND COMPILES STATISTICAL DATA USED FOR THE DEVELOPMENT OF PRICING VALUES AND CLASSIFICATIONS, RATING PLANS, AND FORMS OF COVERAGE, SUBJECT TO APPROVAL BY THE NEW YORK STATE SUPERINTENDENT OF FINANCIAL SERVICES.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $528k
- Bonus
- $150k
- Other
- —
- Benefits
- $3k
- Base
- $347k
- Bonus
- $90k
- Other
- —
- Benefits
- $50k
- Base
- $273k
- Bonus
- $40k
- Other
- —
- Benefits
- $40k
- Base
- $293k
- Bonus
- $40k
- Other
- —
- Benefits
- $2k
- Base
- $225k
- Bonus
- $32k
- Other
- —
- Benefits
- $39k
- Base
- $214k
- Bonus
- $54k
- Other
- —
- Benefits
- $40k
- Base
- $212k
- Bonus
- $26k
- Other
- —
- Benefits
- $28k
- Base
- $208k
- Bonus
- $27k
- Other
- —
- Benefits
- $14k
- Base
- $176k
- Bonus
- $21k
- Other
- —
- Benefits
- $39k
- Base
- $173k
- Bonus
- $24k
- Other
- —
- Benefits
- $27k
- Base
- $187k
- Bonus
- $22k
- Other
- —
- Benefits
- $991
- Base
- $165k
- Bonus
- $18k
- Other
- —
- Benefits
- $28k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo Above 90th percentile | $528k | $150k | — | $3k | $693k $749k |
Sr. Vice President Vice President Above 90th percentile | $347k | $90k | — | $50k | $498k $539k |
Director of Actuarial Analytics Highest Compensated Employee Above 90th percentile | $273k | $40k | — | $40k | $390k $422k |
Director of Actuarial Production Highest Compensated Employee 75th to 90th percentile | $293k | $40k | — | $2k | $370k $400k |
Vice President of Operations Vice President Above 90th percentile | $225k | $32k | — | $39k | $327k $353k |
Vice President of IT Vice President Above 90th percentile | $214k | $54k | — | $40k | $317k $343k |
Vice President of Underwriting Vice President Above 90th percentile | $212k | $26k | — | $28k | $291k $314k |
Vice President of Finance & Admin. Vice President Above 90th percentile | $208k | $27k | — | $14k | $260k $281k |
Developer Manager/solution Highest Compensated Employee 75th to 90th percentile | $176k | $21k | — | $39k | $244k $264k |
Actuarial Manager Highest Compensated Employee Median to 75th percentile | $173k | $24k | — | $27k | $233k $252k |
Vice President of HR Vice President 75th to 90th percentile | $187k | $22k | — | $991 | $217k $235k |
Mgr. N/w & Desktop Infrastructure Highest Compensated Employee Median to 75th percentile | $165k | $18k | — | $28k | $217k $235k |
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.
Up 8%
from 2023
From $640k in 2023 to $693k 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 rose 8% from 2023 to 2024, while revenue rose 8%.
- Vice President pay rose 5% from 2023 to 2024.
- Highest Compensated Employee pay rose 67% 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 YORK COMPENSATION INSURANCE RATING BOARD reported revenue and expenses across 2 filing years.
Common questions about NEW YORK COMPENSATION INSURANCE RATING BOARD
What does the Chief Executive Officer of NEW YORK COMPENSATION INSURANCE RATING BOARD earn?
In 2024, the Chief Executive Officer of NEW YORK COMPENSATION INSURANCE RATING BOARD received $693,085 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 YORK COMPENSATION INSURANCE RATING BOARD 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 YORK COMPENSATION INSURANCE RATING BOARD falls in the top 10%.
What are NEW YORK COMPENSATION INSURANCE RATING BOARD's revenue and expenses?
In 2024, NEW YORK COMPENSATION INSURANCE RATING BOARD reported $25.4M in total revenue and $24.2M in total expenses on its IRS Form 990.
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