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Filing year 2023

WILLAMETTE VALLEY INSURANCE CORPORATION

Honolulu, Hawaii·EIN 20-1836190·NTEE E11 · Health Care·501(c)(3)
Total revenue
$479k
Total assets
$19.4M
Total expenses
$2.1M
Reported officers
10
Mission

PROVIDING PROFESSIONAL AND GENERAL LIABILITY INSURANCE TO ITS SOLE MEMBER, SALEM HEALTH HOSPITALS AND CLINICS (FORMERLY SALEM HEALTH), A 501(C)(3) ENTITY, AND OTHER ORGANIZATIONS CONTROLLED DIRECTLY OR INDIRECTLY BY SALEM HEALTH HOSPITALS AND CLINICS AND THAT ARE NON-PROFIT FOUNDATIONS UNDER IRC SEC. 509(A)(1) OR (2).

Executive compensation

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

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

Vice President/director
25th percentile to medianvs Health Care peers in Hawaii
$110k
$124k
President/director
25th percentile to medianvs Health Care peers in Hawaii
$109k
$123k
Director
Board Member
Median to 75th percentile
$85k
$95k
Treasurer
25th percentile to median
$79k
$89k
Director
Board Member
Median to 75th percentile
$63k
$71k
Director
Board Member
25th percentile to median
$43k
$49k
Director
Board Member
25th percentile to median
$37k
$42k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Urban Hawaii metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at WILLAMETTE VALLEY INSURANCE CORPORATION equaled 5% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
5%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 6%
from 2022

From $104k in 2022 to $110k in 2023.

$104k
2022
$110k
2023
In today's dollarsEst.
Up 2% in real terms$121k to $124k

Estimated with Urban Hawaii metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 6% from 2022 to 2023, while revenue rose 34%.

$104k in 2022 to $110k in 2023.
  • Board Member pay rose 5% from 2022 to 2023.
  • Chief Financial Officer pay rose 8% 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 WILLAMETTE VALLEY INSURANCE CORPORATION

What does the Chief Executive Officer of WILLAMETTE VALLEY INSURANCE CORPORATION earn?

In 2023, the Chief Executive Officer of WILLAMETTE VALLEY INSURANCE CORPORATION received $109,997 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Health Care organizations in Hawaii, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WILLAMETTE VALLEY INSURANCE CORPORATION compare with similar nonprofits?

Compared with the same role at Health Care organizations in Hawaii, the 2023 pay of the Chief Executive Officer at WILLAMETTE VALLEY INSURANCE CORPORATION falls between the 25th percentile and the median. In 2023, the highest total compensation at WILLAMETTE VALLEY INSURANCE CORPORATION equaled 5% of the organization's total expenses. The median for health care organizations is 4%.

What are WILLAMETTE VALLEY INSURANCE CORPORATION's revenue and expenses?

In 2023, WILLAMETTE VALLEY INSURANCE CORPORATION reported $479k in total revenue and $2.1M in total expenses on its IRS Form 990.

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