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Filing year 2023

IBEX SOCIAL AND WELFARE ASSOCIATION

Lanham, Maryland·EIN 53-0185335·5
Total revenue
$452k
Total assets
$9M
Total expenses
$1.4M
Reported officers
13
Mission

THE IBEX SOCIAL AND WELFARE ASSOCIATION IS A DIVISION OF IBEW LOCAL UNION NO. 26 DESIGNED TO PROMOTE MEMBERSHIP SATISFACTION AND PROVIDE BENEFITS FOR THE MEMBERSHIP OF THE LOCAL UNION.

Executive compensation

Form 990 · Schedule J · 13 reported individuals · Filing year 2023

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

Business Manager
Officer (Unspecified)
$46k
$50k
Financial Secretary
Officer (Unspecified)
$45k
$49k
President
25th percentile to median
$45k
$49k
Executive Board
Board Member
Median to 75th percentile
$45k
$49k
Recording Secretary
Officer (Unspecified)
$44k
$49k
Treasurer (since 3/2024)
Officer (Unspecified)
$44k
$49k
Executive Board
Board Member
Median to 75th percentile
$44k
$48k
Executive Board
Board Member
Median to 75th percentile
$44k
$48k
Executive Board
Board Member
Median to 75th percentile
$44k
$48k
Treasurer (until 3/2024)
Officer (Unspecified)
$44k
$48k
Executive Board
Board Member
Median to 75th percentile
$44k
$48k
Vice President
25th percentile to median
$44k
$48k
Executive Board
Board Member
10th to 25th percentile
$3k
$4k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 4%
from 2022

From $44k in 2022 to $46k in 2023.

$44k
2022
$46k
2023
In today's dollarsEst.
Up 1% in real terms$50k to $50k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV 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

Chief Executive Officer pay rose 3% from 2022 to 2023, while revenue fell 41%.

$43k in 2022 to $45k in 2023.
  • Board Member pay rose 3% from 2022 to 2023.
  • Vice President pay rose 3% 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

IBEX SOCIAL AND WELFARE ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$767k
$1.3M
2022
$452k
$1.4M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about IBEX SOCIAL AND WELFARE ASSOCIATION

What does the Chief Executive Officer of IBEX SOCIAL AND WELFARE ASSOCIATION earn?

In 2023, the Chief Executive Officer of IBEX SOCIAL AND WELFARE ASSOCIATION received $44,918 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at IBEX SOCIAL AND WELFARE ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at IBEX SOCIAL AND WELFARE ASSOCIATION falls between the 25th percentile and the median.

What are IBEX SOCIAL AND WELFARE ASSOCIATION's revenue and expenses?

In 2023, IBEX SOCIAL AND WELFARE ASSOCIATION reported $452k in total revenue and $1.4M in total expenses on its IRS Form 990.

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