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Filing year 2023

IRON WORKERS LOCAL 8 WELFARE FUND

Oak Brook, Illinois·EIN 39-0855190·9
Total revenue
$21.2M
Total assets
$51.2M
Total expenses
$20.1M
Reported officers
8
Mission

TO PROVIDE ACCIDENT, HEALTH, DENTAL, VISION, LOSS OF TIME, PRESCRIPTION DRUG, AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS, SPOUSES AND DEPENDENTS.

Executive compensation

Form 990 · Schedule J · 4 reported individuals · Filing year 2023

Secretary/treasurer
officer (unspecified)
$97k
$108k
Trustee
board member
$92k
$101k
Trustee
board member
$92k
$101k
Trustee
board member
$4k
$4k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Down 7%
from 2022

From $105k in 2022 to $97k in 2023.

$105k
2022
$97k
2023
In today's dollarsEst.
Down 10% in real terms$120k to $108k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI 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

IRON WORKERS LOCAL 8 WELFARE FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$18.8M
$20.6M
2022
$21.2M
$20.1M
2023
Total revenue and total expenses from IRS Form 990 filings.
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