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Filing year 2024

UNDERWRITERS LABORATORIES INC

Evanston, Illinois·EIN 36-1892375·NTEE W900 · Public & Societal Benefit·501(c)(3)
Total revenue
$46.5M
Total assets
$1.1B
Total expenses
$110.2M
Reported officers
35

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 31 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.

Fmr President & CEO
Above 90th percentilevs Public & Societal Benefit peers in Illinois
$2.5M
$2.6M
Base
Bonus
$1M
Other
$1.5M
Benefits
Interim Pres Svp,cro(eff 1/24)
Senior Vice President
Above 90th percentile
$842k
$901k
Base
$368k
Bonus
$373k
Other
$51k
Benefits
$16k
VP & Senior Technical Advisor
Senior Vice President
75th to 90th percentile
$626k
$670k
Base
$362k
Bonus
$172k
Other
$36k
Benefits
$16k
Svp, COO
Above 90th percentile
$602k
$644k
Base
$381k
Bonus
$174k
Other
$25k
Benefits
$7k
Vp, Executive Director - Fsri
75th to 90th percentilevs Public & Societal Benefit peers in Illinois
$486k
$521k
Base
$255k
Bonus
$156k
Other
$28k
Benefits
$22k
Vp, Corp. Communications & PR
Vice President
Above 90th percentile
$448k
$479k
Base
$257k
Bonus
$125k
Other
$26k
Benefits
$14k
Vp, Executive Director of Dsri
75th to 90th percentilevs Public & Societal Benefit peers in Illinois
$413k
$442k
Base
$238k
Bonus
$113k
Other
$24k
Benefits
$15k
Vp, Executive Director - Mdri
75th to 90th percentilevs Public & Societal Benefit peers in Illinois
$410k
$439k
Base
$238k
Bonus
$113k
Other
$20k
Benefits
$19k
Vp, Executive Director of Esri
75th to 90th percentilevs Public & Societal Benefit peers in Illinois
$398k
$426k
Base
$229k
Bonus
$110k
Other
$36k
Benefits
$392
Director of Research, Fsri
Highest Compensated Employee
Above 90th percentile
$392k
$419k
Base
$248k
Bonus
$92k
Other
$26k
Benefits
$880
Director, Operations Program
75th to 90th percentile
$373k
$400k
Base
$222k
Bonus
$107k
Other
$21k
Benefits
$876
Director, Strategy & Marketing
Director (Operational)
Above 90th percentile
$365k
$391k
Base
$150k
Bonus
$84k
Other
$110k
Benefits
$11k
Research Director
Highest Compensated Employee
75th to 90th percentile
$327k
$350k
Base
$186k
Bonus
$99k
Other
$23k
Benefits
$312
Research Director
Highest Compensated Employee
75th to 90th percentile
$307k
$328k
Base
$201k
Bonus
$55k
Other
$23k
Benefits
$7k
Trustee
Board Member
Above 90th percentile
$208k
$222k
Base
$208k
Bonus
Other
Benefits
Trustee
Board Member
Above 90th percentile
$183k
$195k
Base
$183k
Bonus
Other
Benefits
Trustee
Board Member
Above 90th percentile
$180k
$193k
Base
$180k
Bonus
Other
Benefits
Trustee
Board Member
Above 90th percentile
$173k
$185k
Base
$173k
Bonus
Other
Benefits
Trustee
Board Member
Above 90th percentile
$168k
$179k
Base
$168k
Bonus
Other
Benefits
Trustee
Board Member
Above 90th percentile
$168k
$179k
Base
$168k
Bonus
Other
Benefits
Trustee
Board Member
Above 90th percentile
$165k
$177k
Base
$165k
Bonus
Other
Benefits
Trustee
Board Member
75th to 90th percentile
$72k
$77k
Base
$72k
Bonus
Other
Benefits
Svp, CFO
25th percentile to median
$62k
$67k
Svp, Clo, Corporate Secretary
Senior Vice President
Below 10th percentile
$52k
$56k
Vp, Legal & Corporate Affairs
Vice President
25th percentile to median
$48k
$52k
Vp, Controller
Controller
Below 10th percentile
$46k
$49k
Svp, Chro
Senior Vice President
Below 10th percentile
$46k
$49k
Svp, CIO
Chief Information Officer
Below 10th percentile
$45k
$48k
VP of Strategy
Vice President
25th percentile to median
$41k
$44k
Vp, Legal Affairs
Vice President
25th percentile to median
$25k
$27k
Treasurer
10th to 25th percentile
$18k
$19k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at UNDERWRITERS LABORATORIES INC equaled 2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2024)
2%
Sector median
10%
Middle half of sector
4% to 22%

Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 27%
from 2023

From $1.9M in 2023 to $2.5M in 2024.

$1.9M
2023
$2.5M
2024
In today's dollarsEst.
Up 23% in real terms$2.1M to $2.6M

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 27% from 2023 to 2024, while revenue rose 203%.

$1.9M in 2023 to $2.5M in 2024.
  • Senior Vice President pay rose 1448% from 2023 to 2024.
  • Chief Operating Officer pay rose 5% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about UNDERWRITERS LABORATORIES INC

What does the Chief Executive Officer of UNDERWRITERS LABORATORIES INC earn?

In 2024, the Chief Executive Officer of UNDERWRITERS LABORATORIES INC received $2,469,462 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Public & Societal Benefit organizations in Illinois: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at UNDERWRITERS LABORATORIES INC compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations in Illinois, the 2024 pay of the Chief Executive Officer at UNDERWRITERS LABORATORIES INC falls in the top 10%. In 2024, the highest total compensation at UNDERWRITERS LABORATORIES INC equaled 2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are UNDERWRITERS LABORATORIES INC's revenue and expenses?

In 2024, UNDERWRITERS LABORATORIES INC reported $46.5M in total revenue and $110.2M in total expenses on its IRS Form 990.

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