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Filing year 2023

VMC INDEMNITY COMPANY INC

Burlington, Vermont·EIN 83-1102018·NTEE B19 · Education·501(c)(3)
Total revenue
$20.2M
Total assets
$128.3M
Total expenses
$9.3M
Reported officers
13
Mission

SELF-INSURANCE OF PROFESSIONAL LIABILITY AND GENERAL LIABILITY RISKS EXCLUSIVELY TO UVMHN INC., ITS TAX-EXEMPT SUBSIDIARIES, AND THEIR EMPLOYED INDIVIDUALS.

Executive compensation

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

Director & Chair
Board Chair
75th to 90th percentile
$199k
$222k
Director (til 9/2024)
Board Member
75th to 90th percentile
$110k
$123k
Secretary
Secretary (Operational)
Median to 75th percentile
$96k
$107k
Director
Board Member
75th to 90th percentile
$96k
$107k
Director & Vice President
Vice President
25th percentile to median
$71k
$80k
Director & Treasurer
Officer (Unspecified)
$65k
$72k
Director
Board Member
Median to 75th percentile
$51k
$57k
Assistant Secretary
Secretary (Operational)
25th percentile to median
$49k
$55k
Director (til 12/2023)
Board Member
25th percentile to median
$14k
$16k
Director
Board Member
Below 10th percentile
$432
$482

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 3 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at VMC INDEMNITY COMPANY INC equaled 2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
2%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 124%
from 2022

From $89k in 2022 to $199k in 2023.

$89k
2022
$199k
2023
In today's dollarsEst.
Up 117% in real terms$102k to $222k

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.

Pay for the position

Board Chair pay rose 189% from 2022 to 2023, while revenue rose 3%.

$69k in 2022 to $199k in 2023.
  • Board Member pay rose 24% from 2022 to 2023.
  • Secretary (Operational) pay rose 10% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 VMC INDEMNITY COMPANY INC

What does the Board Chair of VMC INDEMNITY COMPANY INC earn?

In 2023, the Board Chair of VMC INDEMNITY COMPANY INC received $198,581 in total compensation. This pay is in the top quarter for Board Chair roles among Education organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Chair pay at VMC INDEMNITY COMPANY INC compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Board Chair at VMC INDEMNITY COMPANY INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at VMC INDEMNITY COMPANY INC equaled 2% of the organization's total expenses. The median for education organizations is 7%.

What are VMC INDEMNITY COMPANY INC's revenue and expenses?

In 2023, VMC INDEMNITY COMPANY INC reported $20.2M in total revenue and $9.3M in total expenses on its IRS Form 990.

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