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 · Part VII & Schedule J · 3 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.
- Base
- $172k
- Bonus
- —
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President 75th to 90th percentile | $172k | — | — | — | $177k $185k |
Executive VP Executive Vice President 25th percentile to medianvs all sectors nationwide | — | — | — | — | $133k $139k |
Senior Opera Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $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.
Top pay as a share of expenses
In 2024, the highest total compensation at TOWING VESSEL INSPECTION BUREAU equaled 15% 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.
Up 5%
from 2023
From $168k in 2023 to $177k in 2024.
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.
Chief Executive Officer pay rose 5% from 2023 to 2024, while revenue held roughly steady.
- Executive Vice President pay rose 8% 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 TOWING VESSEL INSPECTION BUREAU
What does the Chief Executive Officer of TOWING VESSEL INSPECTION BUREAU earn?
In 2024, the Chief Executive Officer of TOWING VESSEL INSPECTION BUREAU received $176,925 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Mutual & Membership Benefit organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at TOWING VESSEL INSPECTION BUREAU compare with similar nonprofits?
Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Chief Executive Officer at TOWING VESSEL INSPECTION BUREAU falls between the 75th and 90th percentiles. In 2024, the highest total compensation at TOWING VESSEL INSPECTION BUREAU equaled 15% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
What are TOWING VESSEL INSPECTION BUREAU's revenue and expenses?
In 2024, TOWING VESSEL INSPECTION BUREAU reported $1.2M in total revenue and $1.2M in total expenses on its IRS Form 990.
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