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Filing year 2023

HEALTH AND WELFARE TRUST FUND LOCAL 103 IBEW

Boston, Massachusetts·EIN 04-6063733·9
Total revenue
$162.1M
Total assets
$500.3M
Total expenses
$168.5M
Reported officers
12
Mission

THE HEALTH BENEFIT PLAN PROVIDES FOR ACCIDENT, HOSPITAL, MEDICAL, PHARMACEUTICAL, SURGICAL, DENTAL,VISION, DISABILITY, FERTILITY, PARENTAL LEAVE, AND DEATH BENEFITS FOR ELIGIBLE MEMBERS AND THEIR FAMILIES, AS SPECIFIED IN THE PLAN.

Executive compensation, broken down

Form 990 · Schedule J · 4 reported individuals · Filing year 2023

Fund Administrator
officer (unspecified)
$362k
$399k
Base
$289k
Bonus
Other
Benefits
$22k
Controller
highest compensated employee
$215k
$237k
Base
$155k
Bonus
Other
Benefits
$22k
H & W Supervisor
highest compensated employee
$170k
$187k
Base
$110k
Bonus
Other
Benefits
$22k
Remit./elig. Supervisor
highest compensated employee
$169k
$186k
Base
$110k
Bonus
Other
Benefits
$22k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Up 5%
from 2022

From $345k in 2022 to $362k in 2023.

$345k
2022
$362k
2023
In today's dollarsEst.
Up 1% in real terms$394k to $399k

Estimated with Boston-Cambridge-Newton, MA-NH 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

HEALTH AND WELFARE TRUST FUND LOCAL 103 IBEW reported revenue and expenses across 2 filing years.

RevenueExpenses
$154.7M
$158.5M
2022
$162.1M
$168.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
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