THE MAINTENANCE OF A RISK PURCHASING GROUP FOR THE SOLE AND EXCLUSIVE BENEFIT OF MEMBERS OF THE CORPORATION ALL OF WHICH ARE AFFILIATED WITH THE NEW JERSEY EDUCATION ASSOCIATION, INCLUDING THE NEW JERSEY EDUCATION ASSOCIATION.
Executive compensation
Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in New Jersey.
| Position | Total |
|---|---|
Secretary-treasurer Above 90th percentile | $438k $489k |
Director Board Member Above 90th percentile | $195k $218k |
Director Board Member 75th to 90th percentile | $152k $169k |
President Median to 75th percentile | $100k $112k |
Director Board Member Median to 75th percentile | $72k $80k |
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.
Top pay as a share of expenses
In 2023, the highest total compensation at NJEA AFFILIATES RISK PURCHASING GROUP A NJ NONPROFIT CORPORATION equaled 225% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 37%
from 2022
From $319k in 2022 to $438k in 2023.
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.
Chief Financial Officer pay rose 37% from 2022 to 2023, while revenue held roughly steady.
- Board Member pay rose 181% from 2022 to 2023.
- Chief Executive Officer pay rose 98% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about NJEA AFFILIATES RISK PURCHASING GROUP A NJ NONPROFIT CORPORATION
What does the Chief Financial Officer of NJEA AFFILIATES RISK PURCHASING GROUP A NJ NONPROFIT CORPORATION earn?
In 2023, the Chief Financial Officer of NJEA AFFILIATES RISK PURCHASING GROUP A NJ NONPROFIT CORPORATION received $437,789 in total compensation. This pay is in the top 10% for Chief Financial Officer roles among Education organizations in New Jersey: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Financial Officer pay at NJEA AFFILIATES RISK PURCHASING GROUP A NJ NONPROFIT CORPORATION compare with similar nonprofits?
Compared with the same role at Education organizations in New Jersey, the 2023 pay of the Chief Financial Officer at NJEA AFFILIATES RISK PURCHASING GROUP A NJ NONPROFIT CORPORATION falls in the top 10%. In 2023, the highest total compensation at NJEA AFFILIATES RISK PURCHASING GROUP A NJ NONPROFIT CORPORATION equaled 225% of the organization's total expenses. The median for education organizations is 7%.
What are NJEA AFFILIATES RISK PURCHASING GROUP A NJ NONPROFIT CORPORATION's revenue and expenses?
In 2023, NJEA AFFILIATES RISK PURCHASING GROUP A NJ NONPROFIT CORPORATION reported $206k in total revenue and $194k in total expenses on its IRS Form 990.
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