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Filing year 2024

AUTOMOBILE MECHANICS' LOCAL NO 701 UNION AND INDUSTRY WELFARE

Burr Ridge, Illinois·EIN 36-2331071·9
Total revenue
$125.6M
Total assets
$316.9M
Total expenses
$105M
Reported officers
8
Mission

TO PROVIDE MEDICAL, DENTAL, VISION, LIFE AND DISABILITY BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR BENEFICIARIES

Executive compensation, broken down

Form 990 · Schedule J · 3 reported individuals · Filing year 2024

Fund Administrator
key employee
$292k
$312k
Base
$236k
Bonus
Other
Benefits
$20k
Accounting Manager/control
highest compensated employee
$182k
$195k
Base
$136k
Bonus
Other
Benefits
$20k
Trustee
board member
$74k
$79k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Up 5%
from 2023

From $277k in 2023 to $292k in 2024.

$277k
2023
$292k
2024
In today's dollarsEst.
Up 2% in real terms$307k to $312k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

AUTOMOBILE MECHANICS' LOCAL NO 701 UNION AND INDUSTRY WELFARE reported revenue and expenses across 2 filing years.

RevenueExpenses
$120.7M
$96.7M
2023
$125.6M
$105M
2024
Total revenue and total expenses from IRS Form 990 filings.
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