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Filing year 2024

IBEW LOCAL # 98 SOUND AND COMMUNICATION WORKERS HEALTH AND WELFARE PLAN

Philadelphia, Pennsylvania·EIN 23-2959495·NTEE J40 · Employment·501(c)(8)
Total revenue
$12.3M
Total assets
$38.1M
Total expenses
$11.8M
Reported officers
8
Mission

THE FUND PROVIDES CERTAIN HEALTH INSURANCE PREMIUMS, LIFE, AD & D, VISION, DENTAL, PRESCRIPTION DRUG, AND HEALTH BENEFIT CLAIM PAYMENTS TO ELIGIBLE MEMBERS OF THE IBEW LOCAL UNION 98.

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Employment organizations nationwide.

Union Trustee
Board Member
Above 90th percentile
$182k
$196k
Union Trustee
Board Member
Above 90th percentile
$140k
$151k
Employer Trustee
Board Member
Above 90th percentile
$122k
$131k
Union Trustee
Board Member
75th to 90th percentile
$117k
$126k

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 4 unpaid individuals.

Browse compensation in Employment

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at IBEW LOCAL # 98 SOUND AND COMMUNICATION WORKERS HEALTH AND WELFARE PLAN equaled 2% of the organization's total expenses. The median for employment organizations is 7%.

This organization (2024)
2%
Sector median
7%
Middle half of sector
3% to 16%

Based on 3,624 employment organizations, each measured at its most recent filing year with reported expenses and compensation.

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.

Pay for the position

Board Member pay rose 4% from 2023 to 2024, while revenue fell 1%.

$175k in 2023 to $182k 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about IBEW LOCAL # 98 SOUND AND COMMUNICATION WORKERS HEALTH AND WELFARE PLAN

What does the Board Member of IBEW LOCAL # 98 SOUND AND COMMUNICATION WORKERS HEALTH AND WELFARE PLAN earn?

In 2024, the Board Member of IBEW LOCAL # 98 SOUND AND COMMUNICATION WORKERS HEALTH AND WELFARE PLAN received $182,412 in total compensation. This pay is in the top 10% for Board Member roles among Employment organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at IBEW LOCAL # 98 SOUND AND COMMUNICATION WORKERS HEALTH AND WELFARE PLAN compare with similar nonprofits?

Compared with the same role at Employment organizations nationwide, the 2024 pay of the Board Member at IBEW LOCAL # 98 SOUND AND COMMUNICATION WORKERS HEALTH AND WELFARE PLAN falls in the top 10%. In 2024, the highest total compensation at IBEW LOCAL # 98 SOUND AND COMMUNICATION WORKERS HEALTH AND WELFARE PLAN equaled 2% of the organization's total expenses. The median for employment organizations is 7%.

What are IBEW LOCAL # 98 SOUND AND COMMUNICATION WORKERS HEALTH AND WELFARE PLAN's revenue and expenses?

In 2024, IBEW LOCAL # 98 SOUND AND COMMUNICATION WORKERS HEALTH AND WELFARE PLAN reported $12.3M in total revenue and $11.8M in total expenses on its IRS Form 990.

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