THE MISSION OF THE OHIO INSURANCE GUARANTY ASSOCIATION IS TO PROVIDE A LEVEL OF PROTECTION FOR CERTAIN POLICY HOLDERS AND CLAIMANTS AGAINST THE INSOLVENCY OF AN INSURANCE COMPANY LICENSED TO SELL THOSE TYPES OF POLICIES IN OHIO WHEN THE COMPANY IS PLACED INTO LIQUIDATION.
Executive compensation, broken down
Form 990 · Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $216k
- Bonus
- $35k
- Other
- —
- Benefits
- $57k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President Above 90th percentile | $216k | $35k | — | $57k | $332k $357k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 7 unpaid individuals.
Up 25%
from 2023
From $266k in 2023 to $332k in 2024.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 25% from 2023 to 2024, while revenue rose 20%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
OHIO INSURANCE GUARANTY ASSOCIATION reported revenue and expenses across 2 filing years.
Common questions about OHIO INSURANCE GUARANTY ASSOCIATION
What does the Chief Executive Officer of OHIO INSURANCE GUARANTY ASSOCIATION earn?
In 2024, the Chief Executive Officer of OHIO INSURANCE GUARANTY ASSOCIATION received $331,514 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 OHIO INSURANCE GUARANTY ASSOCIATION compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at OHIO INSURANCE GUARANTY ASSOCIATION falls in the top 10%.
What are OHIO INSURANCE GUARANTY ASSOCIATION's revenue and expenses?
In 2024, OHIO INSURANCE GUARANTY ASSOCIATION reported $1.4M in total revenue and $1.9M in total expenses on its IRS Form 990.
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