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Filing year 2023

RUBICON INSURANCE COMPANY

Evanston, Illinois·EIN 36-3694409·NTEE Y200 · Mutual & Membership Benefit·501(c)(3)
Total revenue
$4.8M
Total assets
$33.9M
Total expenses
$15.3M
Reported officers
5
Mission

RUBICON PROVIDES PROFESSIONAL LIABILITY, EXECUTIVE, CYBER, PROPERTY, GENERAL, AND AUTOMOBILE LIABILITY INSURANCE TO NORTHWESTERN UNIVERSITY AND ITS TAX EXEMPT AFFILIATES, TO ENSURE THE AVAILABILITY OF COVERAGE AND PROVIDE ACCESS TO REINSURANCE MARKETS.

Executive compensation

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.

Director
Board Member
Above 90th percentile
$150k
$167k
President & Director Beg 6/15/23
Median to 75th percentile
$53k
$59k
Treasurer
Officer (Unspecified)
$45k
$50k
Director
Board Member
Median to 75th percentile
$45k
$49k
President & Director Until 6/3/23
25th percentile to median
$33k
$37k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, 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 RUBICON INSURANCE COMPANY equaled 1.0% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2023)
1.0%
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.

Among peers

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

FAQ

Common questions about RUBICON INSURANCE COMPANY

What does the Board Member of RUBICON INSURANCE COMPANY earn?

In 2023, the Board Member of RUBICON INSURANCE COMPANY received $150,367 in total compensation. This pay is in the top 10% for Board Member roles among Mutual & Membership Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at RUBICON INSURANCE COMPANY compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2023 pay of the Board Member at RUBICON INSURANCE COMPANY falls in the top 10%. In 2023, the highest total compensation at RUBICON INSURANCE COMPANY equaled 1.0% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are RUBICON INSURANCE COMPANY's revenue and expenses?

In 2023, RUBICON INSURANCE COMPANY reported $4.8M in total revenue and $15.3M in total expenses on its IRS Form 990.

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