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Filing year 2023

HEAVY & GENERAL LABORERS LOCAL 472 & LOCAL 172 OF NEW JERSEY WELFARE FUND

Newark, New Jersey·EIN 22-1481564·501(c)(9)
Total revenue
$240.9M
Total assets
$350.2M
Total expenses
$230.6M
Reported officers
17
Mission

THE PURPOSE OF THE PLAN IS TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

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

General Manager
75th to 90th percentile
$324k
$364k
Base
$235k
Bonus
Other
$4k
Benefits
$22k
Legal Services
Highest Compensated Employee
75th to 90th percentile
$321k
$360k
Base
$231k
Bonus
Other
$5k
Benefits
$22k
Legal Services
Highest Compensated Employee
75th to 90th percentile
$293k
$329k
Base
$202k
Bonus
Other
$8k
Benefits
$22k
Finance Manager
Above 90th percentile
$267k
$300k
Base
$186k
Bonus
Other
Benefits
$22k
Asst. General Mgr
General Manager
Median to 75th percentile
$238k
$267k
Base
$162k
Bonus
Other
$3k
Benefits
$22k
Manager
Highest Compensated Employee
Median to 75th percentile
$232k
$260k
Base
$152k
Bonus
Other
$2k
Benefits
$22k
Collections Auditor
Highest Compensated Employee
Median to 75th percentile
$231k
$259k
Base
$152k
Bonus
Other
$874
Benefits
$22k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Up 4%
from 2022

From $310k in 2022 to $324k in 2023.

$310k
2022
$324k
2023
In today's dollarsEst.
Roughly flat in real terms$362k to $364k

Estimated with New York-Newark-Jersey City, NY-NJ-PA 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

General Manager pay rose 5% from 2022 to 2023, while revenue rose 6%.

$310k in 2022 to $324k in 2023.
  • Highest Compensated Employee pay rose 3% from 2022 to 2023.
  • Finance Manager pay rose 4% from 2022 to 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

HEAVY & GENERAL LABORERS LOCAL 472 & LOCAL 172 OF NEW JERSEY WELFARE FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$226.6M
$215.7M
2022
$240.9M
$230.6M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about HEAVY & GENERAL LABORERS LOCAL 472 & LOCAL 172 OF NEW JERSEY WELFARE FUND

What does the General Manager of HEAVY & GENERAL LABORERS LOCAL 472 & LOCAL 172 OF NEW JERSEY WELFARE FUND earn?

In 2023, the General Manager of HEAVY & GENERAL LABORERS LOCAL 472 & LOCAL 172 OF NEW JERSEY WELFARE FUND received $323,957 in total compensation. This pay is in the top quarter for General Manager roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does General Manager pay at HEAVY & GENERAL LABORERS LOCAL 472 & LOCAL 172 OF NEW JERSEY WELFARE FUND compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the General Manager at HEAVY & GENERAL LABORERS LOCAL 472 & LOCAL 172 OF NEW JERSEY WELFARE FUND falls between the 75th and 90th percentiles.

What are HEAVY & GENERAL LABORERS LOCAL 472 & LOCAL 172 OF NEW JERSEY WELFARE FUND's revenue and expenses?

In 2023, HEAVY & GENERAL LABORERS LOCAL 472 & LOCAL 172 OF NEW JERSEY WELFARE FUND reported $240.9M in total revenue and $230.6M in total expenses on its IRS Form 990.

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