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Filing year 2024

INTERNATIONAL UNION OF OPERATING ENGINEERS WELFARE FUND LOCAL 295

Maspeth, New York·EIN 11-1964991·9
Total revenue
$11.3M
Total assets
$15M
Total expenses
$12.2M
Reported officers
7
Mission

THE ORGANIZATION SHALL PROVIDE HEALTH AND WELFARE BENEFITS TO ITS ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS AS DEFINED BY THE TRUSTEES.

Executive compensation, broken down

Form 990 · Schedule J · 4 reported individuals · Filing year 2024

Fund Administrator
officer (unspecified)
$437k
$473k
Base
$300k
Bonus
Other
Benefits
$24k
In-house Counsel
highest compensated employee
$273k
$295k
Base
$199k
Bonus
Other
Benefits
$23k
Director of Welfare & Pension
highest compensated employee
$156k
$169k
Base
$106k
Bonus
Other
Benefits
$23k
Trustee
board member
$140k
$151k

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.

Up 8%
from 2023

From $406k in 2023 to $437k in 2024.

$406k
2023
$437k
2024
In today's dollarsEst.
Up 4% in real terms$456k to $473k

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.

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 LOCAL 295 reported revenue and expenses across 2 filing years.

RevenueExpenses
$9.1M
$10.4M
2023
$11.3M
$12.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
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