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Filing year 2023

PROPERTY INSURANCE PLANS SERVICE OFFICE INC

Boston, Massachusetts·EIN 04-3253510·6
Total revenue
$771k
Total assets
$948k
Total expenses
$664k
Reported officers
16
Mission

THE EXEMPT PURPOSE OF THE ORGANIZATION IS TO MEET THE NEEDS OF THE STAFF AND GOVERNING BOARDS OF THE VARIOUS STATE PROPERTY INSURANCE PLANS SO THAT THEY MAY SERVE THE PUBLIC EFFECTIVELY AND COMPETENTLY.

Executive compensation, broken down

Form 990 · Schedule J · 2 reported individuals · Filing year 2023

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

President
75th to 90th percentile
$243k
$267k
Base
$156k
Bonus
Other
Benefits
$45k
President
75th to 90th percentile
$237k
$261k
Base
$163k
Bonus
Other
Benefits
$56k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 14 unpaid individuals.

Down 15%
from 2022

From $285k in 2022 to $243k in 2023.

$285k
2022
$243k
2023
In today's dollarsEst.
Down 18% in real terms$325k to $267k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 15% from 2022 to 2023, while revenue rose 5%.

$285k in 2022 to $243k in 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.
Financial trend

Revenue and expenses over time

PROPERTY INSURANCE PLANS SERVICE OFFICE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$734k
$680k
2022
$771k
$664k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about PROPERTY INSURANCE PLANS SERVICE OFFICE INC

What does the Chief Executive Officer of PROPERTY INSURANCE PLANS SERVICE OFFICE INC earn?

In 2023, the Chief Executive Officer of PROPERTY INSURANCE PLANS SERVICE OFFICE INC received $242,789 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at PROPERTY INSURANCE PLANS SERVICE OFFICE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at PROPERTY INSURANCE PLANS SERVICE OFFICE INC falls between the 75th and 90th percentiles.

What are PROPERTY INSURANCE PLANS SERVICE OFFICE INC's revenue and expenses?

In 2023, PROPERTY INSURANCE PLANS SERVICE OFFICE INC reported $771k in total revenue and $664k in total expenses on its IRS Form 990.

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