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Filing year 2023

NORTH CAROLINA BANKERS ASSOCIATION HEALTH BENEFIT TRUST

Raleigh, North Carolina·EIN 56-2138565·NTEE Y43 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$32.3M
Total assets
$10.4M
Total expenses
$33.7M
Reported officers
7
Mission

SELF-FUNDED MULTIPLE EMPLOYER WELFARE ASSOCIATION BENEFIT PLAN

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.

CFO (to Dec '23)
Median to 75th percentile
$25k
$27k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 6 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at NORTH CAROLINA BANKERS ASSOCIATION HEALTH BENEFIT TRUST equaled 0.1% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2023)
0.1%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 23%
from 2022

From $20k in 2022 to $25k in 2023.

$20k
2022
$25k
2023
In today's dollarsEst.
Up 18% in real terms$23k to $27k

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

Pay for the position

Chief Financial Officer pay rose 23% from 2022 to 2023, while revenue rose 5%.

$20k in 2022 to $25k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

NORTH CAROLINA BANKERS ASSOCIATION HEALTH BENEFIT TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$30.7M
$31.8M
2022
$32.3M
$33.7M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Mutual & Membership Benefit executives earn

Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $26,876.

25th percentile
$5k
Median
$26,876
75th percentile
$87k
90th percentile
$209k

These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 1,359 organizations across 1,359 filings (2021 – 2024).

See full Mutual & Membership Benefit compensation data
FAQ

Common questions about NORTH CAROLINA BANKERS ASSOCIATION HEALTH BENEFIT TRUST

What does the Chief Financial Officer of NORTH CAROLINA BANKERS ASSOCIATION HEALTH BENEFIT TRUST earn?

In 2023, the Chief Financial Officer of NORTH CAROLINA BANKERS ASSOCIATION HEALTH BENEFIT TRUST received $24,642 in total compensation. This pay is above the median (the midpoint) for Chief Financial Officer roles among Mutual & Membership Benefit organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at NORTH CAROLINA BANKERS ASSOCIATION HEALTH BENEFIT TRUST compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2023 pay of the Chief Financial Officer at NORTH CAROLINA BANKERS ASSOCIATION HEALTH BENEFIT TRUST falls between the median and the 75th percentile. In 2023, the highest total compensation at NORTH CAROLINA BANKERS ASSOCIATION HEALTH BENEFIT TRUST equaled 0.1% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are NORTH CAROLINA BANKERS ASSOCIATION HEALTH BENEFIT TRUST's revenue and expenses?

In 2023, NORTH CAROLINA BANKERS ASSOCIATION HEALTH BENEFIT TRUST reported $32.3M in total revenue and $33.7M in total expenses on its IRS Form 990.

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