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Filing year 2024

ELECTRICAL WELFARE TRUST FUND

Lanham, Maryland·EIN 52-6038507·501(c)(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 · Part VII & Schedule J · 9 reported individuals · Filing year 2024

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

Fund Administrator
Officer (Unspecified)
$263k
$280k
Base
$224k
Bonus
Other
Benefits
$17k
Health & Welfare Dept Manager
Highest Compensated Employee
Median to 75th percentile
$217k
$230k
Base
$177k
Bonus
Other
Benefits
$17k
Retirement/admin Dept Manager
Highest Compensated Employee
Median to 75th percentile
$196k
$208k
Base
$156k
Bonus
Other
Benefits
$17k
IT Specialist
Highest Compensated Employee
25th percentile to median
$162k
$172k
Base
$119k
Bonus
Other
Benefits
$18k
Health & Welfare Specialist
Highest Compensated Employee
25th percentile to median
$156k
$166k
Base
$117k
Bonus
Other
Benefits
$16k
Team Leader Acounting
Highest Compensated Employee
25th percentile to median
$149k
$158k
Trustee
Board Member
Median to 75th percentile
$47k
$50k
Trustee
Board Member
Median to 75th percentile
$46k
$49k
Trustee
Board Member
Median to 75th percentile
$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.

Pay for the position

Highest Compensated Employee pay rose 3% from 2023 to 2024, while revenue rose 19%.

$211k in 2023 to $217k in 2024.
  • Board Member pay rose 3% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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.
FAQ

Common questions about ELECTRICAL WELFARE TRUST FUND

What does the Highest Compensated Employee of ELECTRICAL WELFARE TRUST FUND earn?

In 2024, the Highest Compensated Employee of ELECTRICAL WELFARE TRUST FUND received $216,721 in total compensation. This pay is above the median (the midpoint) for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at ELECTRICAL WELFARE TRUST FUND compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at ELECTRICAL WELFARE TRUST FUND falls between the median and the 75th percentile.

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

In 2024, ELECTRICAL WELFARE TRUST FUND reported $195.6M in total revenue and $173.6M in total expenses on its IRS Form 990.

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