VEBA TRUST FOR THE VIRGINIA BANKERS ASSOCIATION GROUP WELFARE BENEFIT PLANS
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 25th percentile to median | $3k $3k |
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 12 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at STATE BANKERS ASSOCIATION GROUP INSURANCE TRUST equaled 0.1% 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 fell 8% from 2023 to 2024, while revenue fell 32%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
STATE BANKERS ASSOCIATION GROUP INSURANCE TRUST 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 STATE BANKERS ASSOCIATION GROUP INSURANCE TRUST
What does the Board Member of STATE BANKERS ASSOCIATION GROUP INSURANCE TRUST earn?
In 2024, the Board Member of STATE BANKERS ASSOCIATION GROUP INSURANCE TRUST received $3,041 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Mutual & Membership Benefit organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at STATE BANKERS ASSOCIATION GROUP INSURANCE TRUST compare with similar nonprofits?
Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Board Member at STATE BANKERS ASSOCIATION GROUP INSURANCE TRUST falls between the 25th percentile and the median. In 2024, the highest total compensation at STATE BANKERS ASSOCIATION GROUP INSURANCE TRUST equaled 0.1% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
What are STATE BANKERS ASSOCIATION GROUP INSURANCE TRUST's revenue and expenses?
In 2024, STATE BANKERS ASSOCIATION GROUP INSURANCE TRUST reported $5M in total revenue and $5M in total expenses on its IRS Form 990.
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