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Filing year 2023

INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 138 WELFARE FUND

Farmingdale, New York·EIN 11-1628170·501(c)(9)
Total revenue
$48.2M
Total assets
$33.1M
Total expenses
$47.4M
Reported officers
16
Mission

THE PRIMARY PURPOSE OF THE PLAN IS TO PROVIDE MEDICAL, DEATH, OPTICAL, DENTAL, VACATION AND UNEMPLOYMENT BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.

Executive compensation

Form 990 · Part VII & 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.

Claims Admin
Highest Compensated Employee
25th percentile to median
$139k
$156k
Bookkeeper
Above 90th percentile
$135k
$152k
Chairman/administrator
Officer (Unspecified)
$97k
$109k
Trustee
Board Member
75th to 90th percentile
$96k
$108k
Trustee
Board Member
75th to 90th percentile
$96k
$108k
Trustee
Board Member
75th to 90th percentile
$96k
$108k
Trustee
Board Member
75th to 90th percentile
$96k
$108k
Organizer
Highest Compensated Employee
Below 10th percentile
$86k
$97k
Trustee
Board Member
75th to 90th percentile
$81k
$91k
Apprentice Director
Board Member
75th to 90th percentile
$78k
$88k
Plan Administrator
Officer (Unspecified)
$72k
$81k
Annuity Admin
Highest Compensated Employee
Below 10th percentile
$58k
$66k
Instructor
Highest Compensated Employee
Below 10th percentile
$32k
$35k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Held steady
from 2022

From $138k in 2022 to $139k in 2023.

$138k
2022
$139k
2023
In today's dollarsEst.
Down 3% in real terms$161k to $156k

Estimated with New York-Newark-Jersey City, NY-NJ-PA 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

Highest Compensated Employee pay rose 1% from 2022 to 2023, while revenue rose 2%.

$138k in 2022 to $139k in 2023.
  • Bookkeeper pay rose 1% from 2022 to 2023.
  • Board Member pay rose 1% 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 UNION OF OPERATING ENGINEERS LOCAL 138 WELFARE FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$47.2M
$45.9M
2022
$48.2M
$47.4M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 138 WELFARE FUND

What does the Highest Compensated Employee of INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 138 WELFARE FUND earn?

In 2023, the Highest Compensated Employee of INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 138 WELFARE FUND received $139,297 in total compensation. This pay is below the median (the midpoint) for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 138 WELFARE FUND compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Highest Compensated Employee at INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 138 WELFARE FUND falls between the 25th percentile and the median.

What are INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 138 WELFARE FUND's revenue and expenses?

In 2023, INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 138 WELFARE FUND reported $48.2M in total revenue and $47.4M in total expenses on its IRS Form 990.

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