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Filing year 2024

HEAVY AND GENERAL CONST LABORERS UNION LOCAL 172 SEVERANCE FUND

Trenton, New Jersey·EIN 52-1743807·9
Total revenue
$174k
Total assets
$1.9M
Total expenses
$190k
Reported officers
7
Mission

SECURITY FOR SEVERED EMPLOYEES THE PURPOSE OF THE SEVERANCE FUND IS TO PROVIDE CERTAIN FINANCIAL SECURITY FOR EMPLOYEES OF THE UNION WHOSE EMPLOYMENT WITH THE UNION HAS BEEN SEVERED OR TERMINATED.

Executive compensation

Form 990 · Schedule J · 7 reported individuals · Filing year 2024

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

Chairman
Board Chair
75th to 90th percentile
$185k
$200k
Trustee
Board Member
Above 90th percentile
$166k
$179k
Vice Chairma
Board Vice Chair
Above 90th percentile
$166k
$179k
Trustee
Board Member
Above 90th percentile
$166k
$179k
Trustee
Board Member
Above 90th percentile
$166k
$179k
Trustee
Board Member
Above 90th percentile
$163k
$177k
Trustee
Board Member
Above 90th percentile
$163k
$177k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 4%
from 2023

From $178k in 2023 to $185k in 2024.

$178k
2023
$185k
2024
In today's dollarsEst.
Up 1% in real terms$199k to $200k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Chair pay rose 4% from 2023 to 2024, while revenue fell 61%.

$178k in 2023 to $185k in 2024.
  • Board Member pay rose 4% from 2023 to 2024.
  • Board Vice Chair pay rose 4% 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

HEAVY AND GENERAL CONST LABORERS UNION LOCAL 172 SEVERANCE FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$443k
$196k
2023
$174k
$190k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about HEAVY AND GENERAL CONST LABORERS UNION LOCAL 172 SEVERANCE FUND

What does the Board Chair of HEAVY AND GENERAL CONST LABORERS UNION LOCAL 172 SEVERANCE FUND earn?

In 2024, the Board Chair of HEAVY AND GENERAL CONST LABORERS UNION LOCAL 172 SEVERANCE FUND received $185,084 in total compensation. This pay is in the top quarter for Board Chair roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Chair pay at HEAVY AND GENERAL CONST LABORERS UNION LOCAL 172 SEVERANCE FUND compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Chair at HEAVY AND GENERAL CONST LABORERS UNION LOCAL 172 SEVERANCE FUND falls between the 75th and 90th percentiles.

What are HEAVY AND GENERAL CONST LABORERS UNION LOCAL 172 SEVERANCE FUND's revenue and expenses?

In 2024, HEAVY AND GENERAL CONST LABORERS UNION LOCAL 172 SEVERANCE FUND reported $174k in total revenue and $190k in total expenses on its IRS Form 990.

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