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Filing year 2024

HEALTH AND WELFARE TRUST LOCAL NO 743

Schaumburg, Illinois·EIN 36-6076696·501(c)(9)
Total revenue
$7.1M
Total assets
$5.6M
Total expenses
$8M
Reported officers
5
Mission

PROVIDING HEALTH, DENTAL, PRESCRIPTION, AND DEATH BENEFITS FOR ELIGIBLE PARTICIPANTS WHO PERFORMED WORK UNDER THE COLLECTIVE BARGAINING AGREEMENT WITH THE LOCAL UNION.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

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

Alternate Trustee
Board Member
75th to 90th percentile
$90k
$96k
Trustee
Board Member
75th to 90th percentile
$87k
$93k
Trustee
Board Member
75th to 90th percentile
$80k
$86k

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 2 unpaid individuals.

Up 41%
from 2023

From $63k in 2023 to $90k in 2024.

$63k
2023
$90k
2024
In today's dollarsEst.
Up 37% in real terms$70k to $96k

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.

Pay for the position

Board Member pay rose 41% from 2023 to 2024, while revenue fell 6%.

$63k in 2023 to $90k in 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

HEALTH AND WELFARE TRUST LOCAL NO 743 reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.5M
$7.8M
2023
$7.1M
$8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about HEALTH AND WELFARE TRUST LOCAL NO 743

What does the Board Member of HEALTH AND WELFARE TRUST LOCAL NO 743 earn?

In 2024, the Board Member of HEALTH AND WELFARE TRUST LOCAL NO 743 received $89,636 in total compensation. This pay is in the top quarter for Board Member roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at HEALTH AND WELFARE TRUST LOCAL NO 743 compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Member at HEALTH AND WELFARE TRUST LOCAL NO 743 falls between the 75th and 90th percentiles.

What are HEALTH AND WELFARE TRUST LOCAL NO 743's revenue and expenses?

In 2024, HEALTH AND WELFARE TRUST LOCAL NO 743 reported $7.1M in total revenue and $8M in total expenses on its IRS Form 990.

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