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Filing year 2023

INTERNATIONAL OPERATING ENGINEERS UNION 49 HEALTH AND WELFARE FUND

Bloomington, Minnesota·EIN 23-7015120·501(c)(9)
Total revenue
$270.6M
Total assets
$273M
Total expenses
$276.6M
Reported officers
11
Mission

PAYMENT OF HEALTH CARE BENEFITS FOR ELIGIBLE PARTICIPANTS AND DEPENDENTS AS PROVIDED BY THE PLAN DOCUMENT.

Executive compensation

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

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

Chairman
Board Chair
Median to 75th percentile
$68k
$75k
Trustee
Board Member
75th to 90th percentile
$68k
$74k
Alternate Trustee
Board Member
75th to 90th percentile
$68k
$74k
Trustee
Board Member
75th to 90th percentile
$68k
$74k
Trustee
Board Member
75th to 90th percentile
$54k
$59k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Up 7%
from 2022

From $64k in 2022 to $68k in 2023.

$64k
2022
$68k
2023
In today's dollarsEst.
Up 4% in real terms$72k to $75k

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI 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

Board Chair pay rose 7% from 2022 to 2023, while revenue rose 12%.

$64k in 2022 to $68k in 2023.
  • Board Member pay rose 7% 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

INTERNATIONAL OPERATING ENGINEERS UNION 49 HEALTH AND WELFARE FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$242.2M
$266.1M
2022
$270.6M
$276.6M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about INTERNATIONAL OPERATING ENGINEERS UNION 49 HEALTH AND WELFARE FUND

What does the Board Chair of INTERNATIONAL OPERATING ENGINEERS UNION 49 HEALTH AND WELFARE FUND earn?

In 2023, the Board Chair of INTERNATIONAL OPERATING ENGINEERS UNION 49 HEALTH AND WELFARE FUND received $68,329 in total compensation. This pay is above the median (the midpoint) for Board Chair roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Chair pay at INTERNATIONAL OPERATING ENGINEERS UNION 49 HEALTH AND WELFARE FUND compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Chair at INTERNATIONAL OPERATING ENGINEERS UNION 49 HEALTH AND WELFARE FUND falls between the median and the 75th percentile.

What are INTERNATIONAL OPERATING ENGINEERS UNION 49 HEALTH AND WELFARE FUND's revenue and expenses?

In 2023, INTERNATIONAL OPERATING ENGINEERS UNION 49 HEALTH AND WELFARE FUND reported $270.6M in total revenue and $276.6M in total expenses on its IRS Form 990.

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