THE PRIMARY MISSION OF THE ORGANIZATION IS TO PAY CERTAIN HEALTH INSURANCE BENEFITS TO ELIGIBLE RETIRED EMPLOYEES OF SBP AND THEIR ELIGIBLE DEPENDENTS AND TO PROVIDE A VEHICLE FOR THE RECEIPT OF CONTRIBUTIONS MADE BY SBP TO MEET THE COSTS OF PROVIDING THESE BENEFITS.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.
| Position | Total |
|---|---|
Trustee Board Member 10th to 25th percentile | $2k $2k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Top pay as a share of expenses
In 2024, the highest total compensation at Service Benefit Plan Administrative Services SBP - VEBA equaled 0.7% 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.
Board Member pay rose 1% from 2023 to 2024, while revenue rose 66%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
Service Benefit Plan Administrative Services SBP - VEBA reported revenue and expenses across 2 filing years.
What Mutual & Membership Benefit executives earn
Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $26,876.
These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 1,359 organizations across 1,359 filings (2021 – 2024).
See full Mutual & Membership Benefit compensation data →Common questions about Service Benefit Plan Administrative Services SBP - VEBA
What does the Board Member of Service Benefit Plan Administrative Services SBP - VEBA earn?
In 2024, the Board Member of Service Benefit Plan Administrative Services SBP - VEBA received $1,837 in total compensation. This pay is in the bottom quarter for Board Member roles among Mutual & Membership Benefit organizations nationwide, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at Service Benefit Plan Administrative Services SBP - VEBA compare with similar nonprofits?
Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Board Member at Service Benefit Plan Administrative Services SBP - VEBA falls between the 10th and 25th percentiles. In 2024, the highest total compensation at Service Benefit Plan Administrative Services SBP - VEBA equaled 0.7% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
What are Service Benefit Plan Administrative Services SBP - VEBA's revenue and expenses?
In 2024, Service Benefit Plan Administrative Services SBP - VEBA reported $1.3M in total revenue and $263k in total expenses on its IRS Form 990.
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