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Filing year 2024

ELECTRICAL WELFARE TRUST FUND

Lanham, Maryland·EIN 52-6038507·9
Total revenue
$195.6M
Total assets
$300.4M
Total expenses
$173.6M
Reported officers
12
Mission

TO PROVIDE ACCIDENT, HOSPITAL, MEDICAL, SURGICAL, DENTAL, PRESCRIPTION, VISION, DISABILITY, EMPLOYEE ASSISTANCE, AND DEATH BENEFITS FOR ELIGIBLE PARTICIPANTS AS AGREED UPON BY THE NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION - WASHINGTON, DC CHAPTER AND INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION NO. 26.

Executive compensation, broken down

Form 990 · Schedule J · 9 reported individuals · Filing year 2024

Fund Administrator
officer (unspecified)
$263k
$280k
Base
$224k
Bonus
Other
Benefits
$17k
Health & Welfare Dept Manager
highest compensated employee
$217k
$230k
Base
$177k
Bonus
Other
Benefits
$17k
Retirement/admin Dept Manager
highest compensated employee
$196k
$208k
Base
$156k
Bonus
Other
Benefits
$17k
IT Specialist
highest compensated employee
$162k
$172k
Base
$119k
Bonus
Other
Benefits
$18k
Health & Welfare Specialist
highest compensated employee
$156k
$166k
Base
$117k
Bonus
Other
Benefits
$16k
Team Leader Acounting
highest compensated employee
$149k
$158k
Trustee
board member
$47k
$50k
Trustee
board member
$46k
$49k
Trustee
board member
$46k
$49k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Up 3%
from 2023

From $256k in 2023 to $263k in 2024.

$256k
2023
$263k
2024
In today's dollarsEst.
Roughly flat in real terms$281k to $280k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV 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

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

RevenueExpenses
$165M
$156.5M
2023
$195.6M
$173.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
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