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Filing year 2024

IBEW LOCAL UNION NO 351 WELFARE AND SUPPLEMENTAL FUND

West Trenton, New Jersey·EIN 45-4955344·NTEE Y43 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$14.8M
Total assets
$18.7M
Total expenses
$15.8M
Reported officers
6
Mission

PROVIDE SUPPLEMENTAL GROUP HEALTH BENEFITS FOR ELIGIBLE PARTICIPANTS

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.

Trustee
Board Member
Above 90th percentile
$167k
$180k
Trustee
Board Member
Above 90th percentile
$151k
$163k
Trustee
Board Member
Above 90th percentile
$145k
$156k

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.

Plus 3 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at IBEW LOCAL UNION NO 351 WELFARE AND SUPPLEMENTAL FUND equaled 1% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2024)
1%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Held steady
from 2023

From $166k in 2023 to $167k in 2024.

$166k
2023
$167k
2024
In today's dollarsEst.
Down 3% in real terms$185k to $180k

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 Member pay rose 1% from 2023 to 2024, while revenue rose 3%.

$166k in 2023 to $167k 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 UNION NO 351 WELFARE AND SUPPLEMENTAL FUND

What does the Board Member of IBEW LOCAL UNION NO 351 WELFARE AND SUPPLEMENTAL FUND earn?

In 2024, the Board Member of IBEW LOCAL UNION NO 351 WELFARE AND SUPPLEMENTAL FUND received $166,574 in total compensation. This pay is in the top 10% for Board Member roles among Mutual & Membership Benefit 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 UNION NO 351 WELFARE AND SUPPLEMENTAL FUND compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Board Member at IBEW LOCAL UNION NO 351 WELFARE AND SUPPLEMENTAL FUND falls in the top 10%. In 2024, the highest total compensation at IBEW LOCAL UNION NO 351 WELFARE AND SUPPLEMENTAL FUND equaled 1% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are IBEW LOCAL UNION NO 351 WELFARE AND SUPPLEMENTAL FUND's revenue and expenses?

In 2024, IBEW LOCAL UNION NO 351 WELFARE AND SUPPLEMENTAL FUND reported $14.8M in total revenue and $15.8M in total expenses on its IRS Form 990.

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