TO PROVIDE BENEFITS TO ELIGIBLE MEMBERS.
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 Mutual & Membership Benefit organizations in Pennsylvania.
| Position | Total |
|---|---|
Trustee (see Schedule O) Board Member Above 90th percentile | $168k $187k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Top pay as a share of expenses
In 2023, the highest total compensation at Deere & Company Welfare Benefit Trust #1 equaled 0.1% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 37%
from 2022
From $123k in 2022 to $168k in 2023.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Board Member pay rose 37% from 2022 to 2023, while revenue fell 23%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
Deere & Company Welfare Benefit Trust #1 reported revenue and expenses across 2 filing years.
What Mutual & Membership Benefit executives earn in Pennsylvania
Comparable mutual & membership benefit organizations in Pennsylvania pay their highest-earning executive a median of $14,375.
These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 91 organizations across 91 filings (2022 – 2024).
See full Mutual & Membership Benefit pay data for Pennsylvania →Common questions about Deere & Company Welfare Benefit Trust #1
What does the Board Member of Deere & Company Welfare Benefit Trust #1 earn?
In 2023, the Board Member of Deere & Company Welfare Benefit Trust #1 received $167,506 in total compensation. This pay is in the top 10% for Board Member roles among Mutual & Membership Benefit organizations in Pennsylvania: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board Member pay at Deere & Company Welfare Benefit Trust #1 compare with similar nonprofits?
Compared with the same role at Mutual & Membership Benefit organizations in Pennsylvania, the 2023 pay of the Board Member at Deere & Company Welfare Benefit Trust #1 falls in the top 10%. In 2023, the highest total compensation at Deere & Company Welfare Benefit Trust #1 equaled 0.1% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
What are Deere & Company Welfare Benefit Trust #1's revenue and expenses?
In 2023, Deere & Company Welfare Benefit Trust #1 reported $35.8M in total revenue and $115.6M in total expenses on its IRS Form 990.
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