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Filing year 2024

WALTON CO-OP FIRE INSURANCE CO

Walton, New York·EIN 15-0484372·501(c)(15)
Total revenue
$110k
Total assets
$725k
Total expenses
$80k
Reported officers
14
Mission

Walton Co-operative Fire Insurance Company is a licensed monoline assessment co-operative domiciled in New York State and licensed to do business in Delaware County, New York only. We are able to provide some people fire insurance they cannot afford with other companies.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Secretary-treasurer/agent
Officer (Unspecified)
$14k
$16k
Director/agent
Board Member
10th to 25th percentile
$2k
$2k
President/agent
Below 10th percentile
$2k
$2k
Vice-president/agent
Below 10th percentile
$970
$1k
Asst. Secretary-treasurer
Officer (Unspecified)
$680
$734
Director
Board Member
Below 10th percentile
$210
$227
Director
Board Member
Below 10th percentile
$210
$227
Director
Board Member
Below 10th percentile
$210
$227
Resigned 9/2/24
Former Officer/director/trustee
Below 10th percentile
$150
$162
Base
Bonus
Other
$150
Benefits
Director
Board Member
Below 10th percentile
$150
$162
Director
Board Member
Below 10th percentile
$120
$130
Resigned 7/18/24
Former Officer/director/trustee
Below 10th percentile
$60
$65
Base
Bonus
Other
$60
Benefits
Resigned 12/23/24
Former Officer/director/trustee
Below 10th percentile
$30
$32
Base
Bonus
Other
$30
Benefits

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 1 unpaid individual.

Down 52%
from 2023

From $30k in 2023 to $14k in 2024.

$30k
2023
$14k
2024
In today's dollarsEst.
Down 54% in real terms$34k to $16k

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 Member pay rose 16% from 2023 to 2024, while revenue rose 20%.

$1k in 2023 to $2k in 2024.
  • Chief Executive Officer pay fell 38% from 2023 to 2024.
  • Former Officer/director/trustee pay rose 400% 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.
Financial trend

Revenue and expenses over time

WALTON CO-OP FIRE INSURANCE CO reported revenue and expenses across 2 filing years.

RevenueExpenses
$91k
$95k
2023
$110k
$80k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about WALTON CO-OP FIRE INSURANCE CO

What does the Board Member of WALTON CO-OP FIRE INSURANCE CO earn?

In 2024, the Board Member of WALTON CO-OP FIRE INSURANCE CO received $1,690 in total compensation. This pay is in the bottom quarter for Board Member roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at WALTON CO-OP FIRE INSURANCE CO compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Member at WALTON CO-OP FIRE INSURANCE CO falls between the 10th and 25th percentiles.

What are WALTON CO-OP FIRE INSURANCE CO's revenue and expenses?

In 2024, WALTON CO-OP FIRE INSURANCE CO reported $110k in total revenue and $80k in total expenses on its IRS Form 990.

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