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Filing year 2024

VERMONT CAPTIVE INSURANCE ASSOCIATION

South Burlington, Vermont·EIN 22-2744474·NTEE Y00C · Mutual & Membership Benefit·6
Total revenue
$2.1M
Total assets
$1.5M
Total expenses
$2M
Reported officers
18
Mission

VCIA PROVIDES MEMBERS WITH LEGISLATIVE LEADERSHIP, EDUCATION, OPPORTUNITIES FOR INFORMATION-SHARING AND A NETWORK OF MUTUAL SUPPORT WITH OTHERS WHO SHARE OBJECTIVES IN ORDER TO ENSURE AN ENVIRONMENT FAVORABLE TO THE CONTINUED GROWTH AND HEALTH OF THE CAPTIVE INDUSTRY AND THE VERMONT CAPTIVE COMMUNITY.THIS WILL BE ACCOMPLISHED THROUGH AN ECONOMICALLY SOUND ASSOCIATION THAT IS ACTIVELY GOVERNED AND SUPPORTED BY A PARTICIPATIVE MEMBERSHIP.

Executive compensation, broken down

Form 990 · Schedule J · 4 reported individuals · Filing year 2024

$210k
$227k
Base
$161k
Bonus
$24k
Other
Benefits
$19k
Dir, Membership & Sales
highest compensated employee
$127k
$137k
Sr Dir, Finance; Asst Treasurer
$124k
$134k
Assistant Secretary
secretary (operational)
$59k
$64k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 14 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Down 3%
from 2023

From $215k in 2023 to $210k in 2024.

$215k
2023
$210k
2024
In today's dollarsEst.
Down 6% in real terms$240k to $227k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 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

VERMONT CAPTIVE INSURANCE ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.1M
$1.9M
2023
$2.1M
$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).

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