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Filing year 2023

PENNSYLVANIA STATE EDUCATION ASSOCIATION RETIREE BENEFIT TRUST

Harrisburg, Pennsylvania·EIN 25-6862258·NTEE Y43 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$1.7M
Total assets
$36.1M
Total expenses
$820k
Reported officers
13
Mission

THE PENNSYLVANIA STATE EDUCATION ASSOCIATION RETIREE BENEFIT TRUST PROVIDES HEALTH AND PRESCRIPTION DRUG BENEFITS ON AN INSURED BASIS FOR CERTAIN RETIREES OF PENNSYLVANIA STATE EDUCATION ASSOCIATION.

Executive compensation

Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2023

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

Veba Committee Member (ending 8/31/23)
Board Member
75th to 90th percentile
$85k
$95k
Veba Committee Member (as of 9/1/23)
Board Member
75th to 90th percentile
$69k
$77k
Veba Committee Member
Board Member
75th to 90th percentile
$69k
$77k
Veba Committee Chairperson
Board Chair
Median to 75th percentilevs Mutual & Membership Benefit peers nationwide
$55k
$61k
Veba Committee Member (ending 8/31/23)
Board Member
75th to 90th percentile
$54k
$60k
Veba Committee Member
Board Member
75th to 90th percentile
$52k
$58k
Veba Committee Member
Board Member
Median to 75th percentile
$49k
$55k
Veba Committee Member
Officer (Unspecified)
$49k
$55k
Alternate Veba Committee M
Board Member
Median to 75th percentile
$39k
$43k
Veba Committee Member (as of 3/6/24)
Board Member
Median to 75th percentile
$34k
$38k
Veba Committee Member
Board Member
Median to 75th percentile
$29k
$33k
Former Veba Committee Chairperson
Former Officer/director/trustee
10th to 25th percentilevs all sectors nationwide
$27k
$30k
Institutional Trustee
Board Member
Median to 75th percentile
$23k
$26k

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.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at PENNSYLVANIA STATE EDUCATION ASSOCIATION RETIREE BENEFIT TRUST equaled 10% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2023)
10%
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 27%
from 2022

From $67k in 2022 to $85k in 2023.

$67k
2022
$85k
2023
In today's dollarsEst.
Up 22% in real terms$77k to $95k

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

Board Member pay rose 27% from 2022 to 2023, while revenue fell 8%.

$67k in 2022 to $85k in 2023.
  • Board Chair pay rose 11% from 2022 to 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about PENNSYLVANIA STATE EDUCATION ASSOCIATION RETIREE BENEFIT TRUST

What does the Board Member of PENNSYLVANIA STATE EDUCATION ASSOCIATION RETIREE BENEFIT TRUST earn?

In 2023, the Board Member of PENNSYLVANIA STATE EDUCATION ASSOCIATION RETIREE BENEFIT TRUST received $84,863 in total compensation. This pay is in the top quarter for Board Member roles among Mutual & Membership Benefit organizations in Pennsylvania, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at PENNSYLVANIA STATE EDUCATION ASSOCIATION RETIREE BENEFIT TRUST compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations in Pennsylvania, the 2023 pay of the Board Member at PENNSYLVANIA STATE EDUCATION ASSOCIATION RETIREE BENEFIT TRUST falls between the 75th and 90th percentiles. In 2023, the highest total compensation at PENNSYLVANIA STATE EDUCATION ASSOCIATION RETIREE BENEFIT TRUST equaled 10% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are PENNSYLVANIA STATE EDUCATION ASSOCIATION RETIREE BENEFIT TRUST's revenue and expenses?

In 2023, PENNSYLVANIA STATE EDUCATION ASSOCIATION RETIREE BENEFIT TRUST reported $1.7M in total revenue and $820k in total expenses on its IRS Form 990.

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