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Filing year 2024

CEMENT MASONS INSTITUTE LOCAL 502 WELFARE TRUST FUND

Bellwood, Illinois·EIN 36-2196729·9
Total revenue
$29.9M
Total assets
$87.2M
Total expenses
$27M
Reported officers
18
Mission

PROVIDE HEALTH BENEFITS

Executive compensation, broken down

Form 990 · Schedule J · 11 reported individuals · Filing year 2024

Administrator - Past
officer (unspecified)
$249k
$266k
Base
$155k
Bonus
Other
$2k
Benefits
$27k
Administrator - New
officer (unspecified)
$234k
$250k
Base
$149k
Bonus
Other
$493
Benefits
$25k
Assistant Administrator
highest compensated employee
$217k
$233k
Base
$142k
Bonus
Other
Benefits
$23k
Controller
highest compensated employee
$183k
$196k
Base
$116k
Bonus
Other
Benefits
$20k
Trustee
board member
$149k
$160k
Trustee - Past
board member
$142k
$152k
Trustee - New
board member
$114k
$123k
Trustee
board member
$84k
$90k
Trustee
board member
$45k
$48k
Trustee
board member
$9k
$9k
Trustee
board member
$4k
$4k

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 7 unpaid individuals.

Up 5%
from 2023

From $236k in 2023 to $249k in 2024.

$236k
2023
$249k
2024
In today's dollarsEst.
Up 2% in real terms$261k to $266k

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

CEMENT MASONS INSTITUTE LOCAL 502 WELFARE TRUST FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$31M
$25.6M
2023
$29.9M
$27M
2024
Total revenue and total expenses from IRS Form 990 filings.
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