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Filing year 2023

HB FULLER COMPANY WELFARE BENEFITS TRUST

St Paul, Minnesota·EIN 41-1743540·501(c)(9)
Total revenue
$6M
Total assets
$176M
Total expenses
$2.4M
Reported officers
1
Mission

THE PURPOSE OF THE WELFARE BENEFITS TRUST IS TO PROVIDE POST-RETIREMENT BENEFITS TO FORMER EMPLOYEES OF H.B. FULLER COMPANY.

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
25th percentile to median
$14k
$16k

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.

Up 19%
from 2022

From $12k in 2022 to $14k in 2023.

$12k
2022
$14k
2023
In today's dollarsEst.
Up 14% in real terms$14k to $16k

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.

Pay for the position

Board Member pay rose 19% from 2022 to 2023, while revenue rose 193%.

$12k in 2022 to $14k in 2023.

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

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

HB FULLER COMPANY WELFARE BENEFITS TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$2M
$2.7M
2022
$6M
$2.4M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about HB FULLER COMPANY WELFARE BENEFITS TRUST

What does the Board Member of HB FULLER COMPANY WELFARE BENEFITS TRUST earn?

In 2023, the Board Member of HB FULLER COMPANY WELFARE BENEFITS TRUST received $14,129 in total compensation. This pay is below the median (the midpoint) for Board Member roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at HB FULLER COMPANY WELFARE BENEFITS TRUST compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at HB FULLER COMPANY WELFARE BENEFITS TRUST falls between the 25th percentile and the median.

What are HB FULLER COMPANY WELFARE BENEFITS TRUST's revenue and expenses?

In 2023, HB FULLER COMPANY WELFARE BENEFITS TRUST reported $6M in total revenue and $2.4M in total expenses on its IRS Form 990.

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