AS A CAPTIVE INSURANCE COMPANY, PROVIDERS INSURANCE COMPANY PROVIDES GENERAL LIABILITY OCCURANCE BASED COVERAGE AND HEALTHCARE PROFESSIONAL LIABILITY CLAIMS-MADE COVERAGE ON A DIRECT BASIS TO HAWAI'I PACIFIC HEALTH AND ITS AFFILIATES.
Executive compensation
Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Health Care organizations nationwide.
| Position | Total |
|---|---|
Board of Director Board Member Above 90th percentile | $1.9M $2.2M |
Board of Director, Treasurer Board Treasurer Above 90th percentile | $424k $478k |
Board of Director, Chair Board Chair 75th to 90th percentile | $294k $332k |
Vice Chair & Secretary Board Vice Chair 75th to 90th percentile | $121k $136k |
Assistant Treasurer 25th percentile to median | $79k $89k |
Assistant Secretary Secretary (Operational) 25th percentile to median | $46k $51k |
Vice President 25th percentile to median | $37k $42k |
Board of Director, President Board President 25th percentile to median | $32k $37k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Urban Hawaii metro-area CPI-U, 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 Providers Insurance Corporation equaled 8% of the organization's total expenses. The median for health care organizations is 4%.
Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 42%
from 2022
From $1.4M in 2022 to $1.9M in 2023.
Estimated with Urban Hawaii metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Board Member pay rose 42% from 2022 to 2023, while revenue rose 14%.
- Board Treasurer pay rose 8% from 2022 to 2023.
- Board Chair pay rose 6% 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 Providers Insurance Corporation
What does the Board Member of Providers Insurance Corporation earn?
In 2023, the Board Member of Providers Insurance Corporation received $1,946,467 in total compensation. This pay is in the top 10% for Board Member roles among Health Care organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board Member pay at Providers Insurance Corporation compare with similar nonprofits?
Compared with the same role at Health Care organizations nationwide, the 2023 pay of the Board Member at Providers Insurance Corporation falls in the top 10%. In 2023, the highest total compensation at Providers Insurance Corporation equaled 8% of the organization's total expenses. The median for health care organizations is 4%.
What are Providers Insurance Corporation's revenue and expenses?
In 2023, Providers Insurance Corporation reported $28.6M in total revenue and $24.8M in total expenses on its IRS Form 990.
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