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Filing year 2024

WEST & KNOX MUTUAL INSURANCE CO INC

Carrollton, Ohio·EIN 34-0651779·15
Total revenue
$286k
Total assets
$1.4M
Total expenses
$196k
Reported officers
8
Mission

INSURING ITS MEMBERS AGAINST LOSS DUE TO DAMAGE FROM FIRE, LIGHTNING WINDSTORMS AND EXTENDED COVERAGE

Executive compensation

Form 990 · Schedule J · 8 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
10th to 25th percentile
$11k
$12k
President
Below 10th percentile
$7k
$8k
Director
Board Member
10th to 25th percentile
$3k
$3k
Vice President
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$3k
$3k

Teal figures restate each filed amount in 2026 dollars.

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

Down 23%
from 2023

From $14k in 2023 to $11k in 2024.

$14k
2023
$11k
2024
In today's dollarsEst.
Down 25% in real terms$15k to $12k

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

Pay for the position

Chief Financial Officer pay fell 23% from 2023 to 2024, while revenue fell 8%.

$14k in 2023 to $11k in 2024.
  • Chief Executive Officer pay held roughly steady from 2023 to 2024.
  • Vice President pay fell 17% 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

WEST & KNOX MUTUAL INSURANCE CO INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$310k
$269k
2023
$286k
$196k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about WEST & KNOX MUTUAL INSURANCE CO INC

What does the Chief Financial Officer of WEST & KNOX MUTUAL INSURANCE CO INC earn?

In 2024, the Chief Financial Officer of WEST & KNOX MUTUAL INSURANCE CO INC received $10,695 in total compensation. This pay is in the bottom quarter for Chief Financial Officer roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at WEST & KNOX MUTUAL INSURANCE CO INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Financial Officer at WEST & KNOX MUTUAL INSURANCE CO INC falls between the 10th and 25th percentiles.

What are WEST & KNOX MUTUAL INSURANCE CO INC's revenue and expenses?

In 2024, WEST & KNOX MUTUAL INSURANCE CO INC reported $286k in total revenue and $196k in total expenses on its IRS Form 990.

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