EDUCATE THE GENERAL PUBLIC, AND POLICY OWNERS, BENEFICIARIES AND OTHER APPROPRIATE CONSTITUENCIES OF THE VALUE OF THE SERVICES OF PROFESSIONAL INSURANCE PROFESSIONALS; AND TO EDUCATE THE PUBLIC OF THE SIGNIFICANT AND ESSENTIAL ROLE THAT THE LIFE AND HEALTH INSURANCE INDUSTRY AND ITS PRODUCTS PLAY IN A SOUND SOCIAL AND ECONOMIC SYSTEM.
Executive compensation
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Education organizations in Virginia.
| Position | Total |
|---|---|
CEO 10th to 25th percentile | $29k $31k |
CFO 10th to 25th percentile | $28k $30k |
Executive Director Below 10th percentile | $10k $10k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 6 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at THE LIFE FUND equaled 9% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Down 4%
from 2023
From $30k in 2023 to $29k in 2024.
Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay fell 4% from 2023 to 2024, while revenue rose 320%.
- Chief Financial Officer pay rose 22% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about THE LIFE FUND
What does the Chief Executive Officer of THE LIFE FUND earn?
In 2024, the Chief Executive Officer of THE LIFE FUND received $28,774 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Education organizations in Virginia, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at THE LIFE FUND compare with similar nonprofits?
Compared with the same role at Education organizations in Virginia, the 2024 pay of the Chief Executive Officer at THE LIFE FUND falls between the 10th and 25th percentiles. In 2024, the highest total compensation at THE LIFE FUND equaled 9% of the organization's total expenses. The median for education organizations is 7%.
What are THE LIFE FUND's revenue and expenses?
In 2024, THE LIFE FUND reported $340k in total revenue and $310k in total expenses on its IRS Form 990.
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