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Filing year 2024

PROPERTY INSURANCE ASSOCIATION OF LA

Metairie, Louisiana·EIN 72-0246020·501(c)(6)
Total revenue
$6.6M
Total assets
$16.7M
Total expenses
$5.8M
Reported officers
25
Mission

THE PROPERTY INSURANCE ASSOCIATION OF LOUISIANA (PIAL) IS A PRIVATE, NON-PROFIT ASSOCIATION MADE UP OF ALL INSURANCE COMPANIES LICENSED TO WRITE PROPERTY COVERAGES WITHIN THE STATE. FOUNDED BY ITS MEMBER COMPANIES IN 1888, THE PIAL HAS BEEN IN CONTINUOUS OPERATION FOR 137 YEARS. THE PIAL IS FUNDED SOLELY BY ASSESSMENTS OF ITS MEMBER COMPANIES AND FUNCTIONS IN THREE PRIMARY WAYS: THE COMPANY GRADES MUNICIPAL AREAS IN TERMS OF FIRE PROTECTION (PUBLIC PROTECTION) CAPABILITIES FOR THE PURPOSE OF FAIR INSURANCE RATING OF THE GRADED AREAS; THE PIAL INSPECTS (UPON REQUEST OF ITS MEMBER COMPANIES) ANY COMMERCIAL BUILDING LOCATED IN THE STATE OF LOUISIANA FOR THE PURPOSE OF FAIR PRICING OF INDIVIDUAL RISKS; AND THE PIAL FILES ADVISORY RATES AND FORMS FOR PROPERTY COVERAGES IN THE STATE, SUBJECT TO REVIEW AND APPROVAL OF THE LOUISIANA DEPARTMENT OF INSURANCE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Director/secreta
Director (Operational)
Above 90th percentile
$296k
$313k
Base
$247k
Bonus
$16k
Other
Benefits
$4k
Public Protection Div Mana
Highest Compensated Employee
25th percentile to median
$149k
$158k
Pricing Div Manager
Highest Compensated Employee
25th percentile to median
$139k
$147k
HR & Finance Manager
Finance Manager
Median to 75th percentile
$134k
$142k
IT Manager
10th to 25th percentile
$121k
$128k

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 20 unpaid individuals.

Up 3%
from 2023

From $288k in 2023 to $296k in 2024.

$288k
2023
$296k
2024
In today's dollarsEst.
Roughly flat in real terms$314k to $313k

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

Director (Operational) pay rose 3% from 2023 to 2024, while revenue fell 7%.

$288k in 2023 to $296k in 2024.
  • Highest Compensated Employee pay rose 6% from 2023 to 2024.
  • Finance Manager pay rose 17% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Revenue and expenses over time

PROPERTY INSURANCE ASSOCIATION OF LA reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.1M
$5.7M
2023
$6.6M
$5.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about PROPERTY INSURANCE ASSOCIATION OF LA

What does the Director (Operational) of PROPERTY INSURANCE ASSOCIATION OF LA earn?

In 2024, the Director (Operational) of PROPERTY INSURANCE ASSOCIATION OF LA received $295,516 in total compensation. This pay is in the top 10% for Director (Operational) roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Director (Operational) pay at PROPERTY INSURANCE ASSOCIATION OF LA compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Director (Operational) at PROPERTY INSURANCE ASSOCIATION OF LA falls in the top 10%.

What are PROPERTY INSURANCE ASSOCIATION OF LA's revenue and expenses?

In 2024, PROPERTY INSURANCE ASSOCIATION OF LA reported $6.6M in total revenue and $5.8M in total expenses on its IRS Form 990.

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