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Filing year 2024

IBEW LOCAL 98 HEALTH & WELFARE PLAN BOARD OF

Philadelphia, Pennsylvania·EIN 23-2082042·9
Total revenue
$97.5M
Total assets
$214.2M
Total expenses
$85.2M
Reported officers
9
Mission

TO PROVIDE HOSPITALIZATION, SURGICAL, MEDICAL, DENTAL, VISION, PRESCRIPTION DRUG, DEATH, ACCIDENTAL DEATH AND DISMEMBERMENT, AND WEEKLY DISABILITY BENEFITS TO ELIGIBLE MEMBERS (AND DEPENDENTS) OF INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION NO. 98.

Executive compensation

Form 990 · Schedule J · 3 reported individuals · Filing year 2024

Union Trustee (p)
board member
$182k
$196k
Union Trustee
board member
$140k
$151k
Employer Trustee
board member
$122k
$131k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Up 4%
from 2023

From $175k in 2023 to $182k in 2024.

$175k
2023
$182k
2024
In today's dollarsEst.
Roughly flat in real terms$195k to $196k

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 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

IBEW LOCAL 98 HEALTH & WELFARE PLAN BOARD OF reported revenue and expenses across 2 filing years.

RevenueExpenses
$97.4M
$77.9M
2023
$97.5M
$85.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
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