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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Mutual & Membership Benefit Cruden Bay Risk Retention Group Inc.

Cruden Bay Risk Retention Group Inc.

Fiscal year ending 2024. Filed on November 11, 2025.

126 College Street 300
Burlington, Vermont 05401

Cruden Bay Risk Retention Group Inc. (EIN: 27-0057453) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Cruden Bay Risk Retention Group Inc., a 501(c)(3) charitable organization, reported compensation for 5 employees. Among the employees shown here, the average compensation is $1,058,773. The highest compensated employee at Cruden Bay Risk Retention Group Inc. is Dr Michael Erhard with fiscal year 2024 compensation of $1,727,108.

Revenue, expenses, and employee compensation

Revenue

$6,565,471

Expenses

$1,248,728

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dr Michael Erhard
Director (TO AUG '24)
$1,727,108
$0 $1,607,723 $119,385
Rodney McKendree
President and Treasurer
$1,600,960
$0 $1,406,775 $194,185
Laura Kowal
Director (TO AUG '24)
$901,754
$0 $792,211 $109,543
William W Higginbotham II
Assistant Treasurer
$650,431
$0 $552,507 $97,924
Robert D Bridges
Treasurer and Director (TO AUG '23)
$413,612
$0 $413,612 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Ryan Gadapee
Secretary and Director

Mission Statement

CRUDEN BAY PROVIDES MEDICAL PROFESSIONAL LIABILITY COVERAGE AND DIRECTORS AND OFFICERS LIABILITY COVERAGE.

Revisions to this organization profile

November 11, 2025:
2024 Cruden Bay Risk Retention Group Inc. 990 filed
November 8, 2024:
2023 Cruden Bay Risk Retention Group Inc. 990 filed
November 1, 2023:
2022 Cruden Bay Risk Retention Group Inc. 990 filed

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