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Filing year 2024

NEW YORK INSURANCE ASSOCIATION INC

Albany, New York·EIN 16-1521843·6
Total revenue
$2.1M
Total assets
$2.2M
Total expenses
$2M
Reported officers
18
Mission

TO PROMOTE THE DEVELOPMENT, PRESERVATION, OPERATION, MAINTENANCE AND GENERAL WELFARE OF THE INSURANCE INDUSTRY IN THE STATE OF NEW YORK FOR THE BENEFIT OF THE INDUSTRY AND THE INSURANCE-BUYING PUBLIC.

Executive compensation, broken down

Form 990 · Schedule J · 4 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
Above 90th percentile
$472k
$510k
Base
$356k
Bonus
$60k
Other
Benefits
$11k
Vice President
75th to 90th percentile
$262k
$283k
Base
$195k
Bonus
$10k
Other
Benefits
$28k
General Counsel
Highest Compensated Employee
25th percentile to median
$160k
$173k
Base
$142k
Bonus
Other
Benefits
Director of Design/tech
Highest Compensated Employee
25th percentile to median
$160k
$173k
Base
$115k
Bonus
Other
Benefits
$28k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 14 unpaid individuals.

Up 10%
from 2023

From $430k in 2023 to $472k in 2024.

$430k
2023
$472k
2024
In today's dollarsEst.
Up 6% in real terms$480k to $510k

Estimated with BLS CPI-U for the Northeast region, 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 10% from 2023 to 2024, while revenue rose 9%.

$430k in 2023 to $472k in 2024.
  • Vice President pay rose 13% from 2023 to 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.
Financial trend

Revenue and expenses over time

NEW YORK INSURANCE ASSOCIATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.9M
$1.8M
2023
$2.1M
$2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NEW YORK INSURANCE ASSOCIATION INC

What does the Chief Executive Officer of NEW YORK INSURANCE ASSOCIATION INC earn?

In 2024, the Chief Executive Officer of NEW YORK INSURANCE ASSOCIATION INC received $472,303 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 INSURANCE ASSOCIATION 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 NEW YORK INSURANCE ASSOCIATION INC falls in the top 10%.

What are NEW YORK INSURANCE ASSOCIATION INC's revenue and expenses?

In 2024, NEW YORK INSURANCE ASSOCIATION INC reported $2.1M in total revenue and $2M in total expenses on its IRS Form 990.

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