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 · Part VII & Schedule J · 4 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.
- Base
- $161k
- Bonus
- $24k
- Other
- —
- Benefits
- $19k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President 75th to 90th percentile | $161k | $24k | — | $19k | $210k $227k |
Dir, Membership & Sales Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $127k $137k |
Sr Dir, Finance; Asst Treasurer Median to 75th percentile | — | — | — | — | $124k $134k |
Assistant Secretary Secretary (Operational) Above 90th percentile | — | — | — | — | $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.
Top pay as a share of expenses
In 2024, the highest total compensation at VERMONT CAPTIVE INSURANCE ASSOCIATION equaled 11% 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.
Down 3%
from 2023
From $215k in 2023 to $210k in 2024.
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.
Chief Executive Officer pay fell 3% from 2023 to 2024, while revenue fell 2%.
- Highest Compensated Employee pay fell 16% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
VERMONT CAPTIVE INSURANCE ASSOCIATION reported revenue and expenses across 2 filing years.
What Mutual & Membership Benefit executives earn
Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $26,876.
These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 1,359 organizations across 1,359 filings (2021 – 2024).
See full Mutual & Membership Benefit compensation data →Common questions about VERMONT CAPTIVE INSURANCE ASSOCIATION
What does the Chief Executive Officer of VERMONT CAPTIVE INSURANCE ASSOCIATION earn?
In 2024, the Chief Executive Officer of VERMONT CAPTIVE INSURANCE ASSOCIATION received $209,845 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 VERMONT CAPTIVE INSURANCE ASSOCIATION compare with similar nonprofits?
Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Chief Executive Officer at VERMONT CAPTIVE INSURANCE ASSOCIATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at VERMONT CAPTIVE INSURANCE ASSOCIATION equaled 11% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
What are VERMONT CAPTIVE INSURANCE ASSOCIATION's revenue and expenses?
In 2024, VERMONT CAPTIVE INSURANCE ASSOCIATION reported $2.1M in total revenue and $2M in total expenses on its IRS Form 990.
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