THE ORGANIZATION WAS FORMED TO ACCUMULATE AND HOLD FUNDS FOR USE IN SATISFYING MEDICAL PROFESSIONAL LIABILITY CLAIMS AGAINST THE UNIVERSITY OF VIRGINIA PHYSICIANS' GROUP AND COVERED CLINICIANS OF UNIVERSITY OF VIRGINIA HEALTH.
Executive compensation, broken down
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 Mutual & Membership Benefit organizations nationwide.
- Base
- $546k
- Bonus
- $75k
- Other
- $9k
- Benefits
- $11k
- Base
- $459k
- Bonus
- $136k
- Other
- $13k
- Benefits
- $7k
- Base
- $266k
- Bonus
- $25k
- Other
- $1k
- Benefits
- $8k
- Base
- $210k
- Bonus
- $20k
- Other
- $259
- Benefits
- $7k
- Base
- $150k
- Bonus
- $5k
- Other
- $81
- Benefits
- $6k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Starting 7/1/23 Above 90th percentile | $546k | $75k | $9k | $11k | $671k $733k |
CEO Thru 6/30/23 Above 90th percentile | $459k | $136k | $13k | $7k | $615k $671k |
COO & General Counsel 75th to 90th percentilevs all sectors nationwide | $266k | $25k | $1k | $8k | $325k $355k |
Manager of Finance & Operations Operations Manager Above 90th percentilevs all sectors nationwide | $210k | $20k | $259 | $7k | $258k $282k |
Claims & Litigation Counsel Highest Compensated Employee 25th percentile to median | $150k | $5k | $81 | $6k | $166k $181k |
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 16 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at Piedmont Liability Trust equaled 15% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Down 18%
from 2022
From $821k in 2022 to $671k in 2023.
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.
Chief Executive Officer pay fell 18% from 2022 to 2023, while revenue rose 17%.
- Chief Operating Officer pay fell 42% from 2022 to 2023.
- Operations Manager pay rose 9% 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 Piedmont Liability Trust
What does the Chief Executive Officer of Piedmont Liability Trust earn?
In 2023, the Chief Executive Officer of Piedmont Liability Trust received $670,933 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Mutual & Membership Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at Piedmont Liability Trust compare with similar nonprofits?
Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2023 pay of the Chief Executive Officer at Piedmont Liability Trust falls in the top 10%. In 2023, the highest total compensation at Piedmont Liability Trust equaled 15% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
What are Piedmont Liability Trust's revenue and expenses?
In 2023, Piedmont Liability Trust reported $11.6M in total revenue and $4.3M in total expenses on its IRS Form 990.
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