THE MISSION OF OLD CRESCENT INSURANCE COMPANY IS TO PROVIDE CERTAIN INSURANCE COVERAGES AND OTHER INSURANCE SERVICES TO ITS PARENT, THE TRUSTEES OF INDIANA UNIVERSITY, THEREBY ASSURING INSURANCE COVERAGE IN THOSE LINES, AS WELL AS PROVIDING A LAYER OF PROTECTION AGAINST SHIFTING COMMERCIAL INSURANCE MARKETS.
Executive compensation
Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations nationwide.
| Position | Total |
|---|---|
Director Board Member 75th to 90th percentile | $75k $84k |
Director Board Member Median to 75th percentile | $69k $77k |
Treasurer & Director Officer (Unspecified) | $53k $60k |
President & Director 25th percentile to medianvs Education peers in Vermont | $47k $52k |
Vice-president & Director Executive Vice President 10th to 25th percentile | $40k $45k |
Director Board Member Median to 75th percentile | $38k $42k |
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 1 unpaid individual.
Top pay as a share of expenses
In 2023, the highest total compensation at OLD CRESCENT INSURANCE COMPANY equaled 3% 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 15%
from 2022
From $66k in 2022 to $75k 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.
Board Member pay rose 15% from 2022 to 2023, while revenue rose 24%.
- Chief Executive Officer pay rose 5% from 2022 to 2023.
- Executive Vice President pay rose 8% 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 OLD CRESCENT INSURANCE COMPANY
What does the Board Member of OLD CRESCENT INSURANCE COMPANY earn?
In 2023, the Board Member of OLD CRESCENT INSURANCE COMPANY received $75,475 in total compensation. This pay is in the top quarter for Board Member roles among Education organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at OLD CRESCENT INSURANCE COMPANY compare with similar nonprofits?
Compared with the same role at Education organizations nationwide, the 2023 pay of the Board Member at OLD CRESCENT INSURANCE COMPANY falls between the 75th and 90th percentiles. In 2023, the highest total compensation at OLD CRESCENT INSURANCE COMPANY equaled 3% of the organization's total expenses. The median for education organizations is 7%.
What are OLD CRESCENT INSURANCE COMPANY's revenue and expenses?
In 2023, OLD CRESCENT INSURANCE COMPANY reported $3.6M in total revenue and $2.2M in total expenses on its IRS Form 990.
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