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Filing year 2024

TOWING VESSEL INSPECTION BUREAU

Channelview, Texas·EIN 27-1561296·NTEE Y03 · Mutual & Membership Benefit·6
Total revenue
$1.2M
Total assets
$767k
Total expenses
$1.2M
Reported officers
26
Mission

THE MISSION IS TO TRAIN AND CERTIFY MEMBERS IN THE BEST MANNER AVAILABLE TO CONDUCT VARIOUS TYPES OF MARINE RELATED INSPECTIONS AND AUDITS ON MARINE SAFETY MANAGEMENT SYSTEMS.

Executive compensation, broken down

Form 990 · Schedule J · 3 reported individuals · Filing year 2024

$177k
$185k
Base
$172k
Bonus
Other
Benefits
Executive VP
executive vice president
$133k
$139k
Senior Opera
highest compensated employee
$119k
$124k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 23 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Up 5%
from 2023

From $168k in 2023 to $177k in 2024.

$168k
2023
$177k
2024
In today's dollarsEst.
Up 3% in real terms$179k to $185k

Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

TOWING VESSEL INSPECTION BUREAU reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.2M
$1.1M
2023
$1.2M
$1.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Mutual & Membership Benefit executives earn

Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $19,468.

25th percentile
$6k
Median
$19,468
75th percentile
$79k
90th percentile
$193k

These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 294 organizations across 294 filings (2021 – 2023).

See full Mutual & Membership Benefit compensation data
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