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Filing year 2024

INTERNATIONAL UNION OF OPERATING ENGINEERS WELFARE FUND 478

Hamden, Connecticut·EIN 06-0662089·501(c)(9)
Total revenue
$81.9M
Total assets
$137.4M
Total expenses
$73.6M
Reported officers
14
Mission

TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

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

Network Admin.
Highest Compensated Employee
75th to 90th percentile
$309k
$334k
Base
$209k
Bonus
Other
Benefits
$27k
Asst Executive Dir
Highest Compensated Employee
75th to 90th percentile
$297k
$321k
Base
$200k
Bonus
Other
Benefits
$27k
Executive Dir. Thru 4/24
Officer (Unspecified)
$288k
$311k
Base
$175k
Bonus
Other
$27k
Benefits
$20k
Network Admin.
Highest Compensated Employee
75th to 90th percentile
$266k
$287k
Base
$175k
Bonus
Other
Benefits
$27k
Claims Supervisor
Highest Compensated Employee
75th to 90th percentile
$237k
$256k
Base
$152k
Bonus
Other
Benefits
$27k
Payroll and Ee Bnf. Acct.
Highest Compensated Employee
75th to 90th percentile
$237k
$256k
Base
$152k
Bonus
Other
Benefits
$27k
Executive Dir. Eff 4/24
Officer (Unspecified)
$201k
$217k
Base
$114k
Bonus
Other
$25k
Benefits
$16k

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 7 unpaid individuals.

Down 14%
from 2023

From $358k in 2023 to $309k in 2024.

$358k
2023
$309k
2024
In today's dollarsEst.
Down 16% in real terms$400k to $334k

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

Highest Compensated Employee pay rose 5% from 2023 to 2024, while revenue rose 22%.

$295k in 2023 to $309k 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.
Financial trend

Revenue and expenses over time

INTERNATIONAL UNION OF OPERATING ENGINEERS WELFARE FUND 478 reported revenue and expenses across 2 filing years.

RevenueExpenses
$67.4M
$69.3M
2023
$81.9M
$73.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about INTERNATIONAL UNION OF OPERATING ENGINEERS WELFARE FUND 478

What does the Highest Compensated Employee of INTERNATIONAL UNION OF OPERATING ENGINEERS WELFARE FUND 478 earn?

In 2024, the Highest Compensated Employee of INTERNATIONAL UNION OF OPERATING ENGINEERS WELFARE FUND 478 received $309,252 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at INTERNATIONAL UNION OF OPERATING ENGINEERS WELFARE FUND 478 compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at INTERNATIONAL UNION OF OPERATING ENGINEERS WELFARE FUND 478 falls between the 75th and 90th percentiles.

What are INTERNATIONAL UNION OF OPERATING ENGINEERS WELFARE FUND 478's revenue and expenses?

In 2024, INTERNATIONAL UNION OF OPERATING ENGINEERS WELFARE FUND 478 reported $81.9M in total revenue and $73.6M in total expenses on its IRS Form 990.

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