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Filing year 2023

CANTON ELECTRICAL WELFARE FUND

Canfield, Ohio·EIN 34-6573626·501(c)(9)
Total revenue
$11.2M
Total assets
$21.6M
Total expenses
$13.3M
Reported officers
8
Mission

TO PROVIDE MEDICAL, VISION, DENTAL, DISABILITY, LIFE INSURANCE, AND ACCIDENTAL DEATH AND DISMEMBERMENT BENEFITS TO ELIGIBLE MEMBERS OF IBEW 540 AND THEIR FAMILIES.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

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

Trustee
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.

Plus 7 unpaid individuals.

Pay for the position

Board Member pay rose 341% from 2022 to 2023, while revenue rose 4%.

$575 in 2022 to $3k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Financial trend

Revenue and expenses over time

CANTON ELECTRICAL WELFARE FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$10.8M
$9.4M
2022
$11.2M
$13.3M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about CANTON ELECTRICAL WELFARE FUND

What does the Board Member of CANTON ELECTRICAL WELFARE FUND earn?

In 2023, the Board Member of CANTON ELECTRICAL WELFARE FUND received $2,535 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 CANTON ELECTRICAL WELFARE FUND compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at CANTON ELECTRICAL WELFARE FUND falls between the 10th and 25th percentiles.

What are CANTON ELECTRICAL WELFARE FUND's revenue and expenses?

In 2023, CANTON ELECTRICAL WELFARE FUND reported $11.2M in total revenue and $13.3M in total expenses on its IRS Form 990.

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