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Filing year 2024

VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM INC

Bedford, Virginia·EIN 27-1367957·NTEE Y43 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$45M
Total assets
$21.3M
Total expenses
$44.3M
Reported officers
20
Mission

VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM, INC. WAS ORGANIZED TO ESTABLISH AND MAINTAIN ONE OR MORE HEALTH AND WELFARE PLANS FOR THE PAYMENT OF LIFE, SICK, ACCIDENT AND OTHER SIMILAR BENEFITS WHICH CONSTITUTE AN "EMPLOYEE WELFARE BENEFIT PLAN" WITHIN THE MEANING OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974. THE PLAN IS MAINTAINED FOR THE BENEFIT OF THE EMPLOYEES OF VARIOUS COLLEGE AND UNIVERSITY MEMBERS OF VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM, INC. AND THE SPONSORING ASSOCIATION.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

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

Assistant Secretary
Secretary (Operational)
10th to 25th percentile
$2k
$2k
Executive Director
10th to 25th percentile
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 18 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM INC equaled 0.0% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2024)
0.0%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Pay for the position

Secretary (Operational) pay fell 4% from 2023 to 2024, while revenue rose 5%.

$2k in 2023 to $2k in 2024.
  • Chief Executive Officer pay rose 61% 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.

FAQ

Common questions about VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM INC

What does the Secretary (Operational) of VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM INC earn?

In 2024, the Secretary (Operational) of VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM INC received $1,931 in total compensation. This pay is in the bottom quarter for Secretary (Operational) roles among Mutual & Membership Benefit organizations nationwide, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Secretary (Operational) pay at VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM INC compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Secretary (Operational) at VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM INC falls between the 10th and 25th percentiles. In 2024, the highest total compensation at VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM INC equaled 0.0% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM INC's revenue and expenses?

In 2024, VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM INC reported $45M in total revenue and $44.3M in total expenses on its IRS Form 990.

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