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Filing year 2023

IRON WORKERS LOCAL UNION 401 SUPPLEMENTAL WELFARE FUND

Philadelphia, Pennsylvania·EIN 22-3867031·NTEE Y43 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$1.5M
Total assets
$3.5M
Total expenses
$1.2M
Reported officers
6
Mission

Financial protection for participants and dependents.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations in Pennsylvania.

Union Trustee
Board Member
Above 90th percentile
$123k
$137k
Union Trustee
Board Member
Above 90th percentile
$123k
$137k
Union Trustee
Board Member
Above 90th percentile
$123k
$137k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at IRON WORKERS LOCAL UNION 401 SUPPLEMENTAL WELFARE FUND equaled 10% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2023)
10%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 7%
from 2022

From $132k in 2022 to $123k in 2023.

$132k
2022
$123k
2023
In today's dollarsEst.
Down 11% in real terms$154k to $137k

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay fell 7% from 2022 to 2023, while revenue rose 85%.

$132k in 2022 to $123k in 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about IRON WORKERS LOCAL UNION 401 SUPPLEMENTAL WELFARE FUND

What does the Board Member of IRON WORKERS LOCAL UNION 401 SUPPLEMENTAL WELFARE FUND earn?

In 2023, the Board Member of IRON WORKERS LOCAL UNION 401 SUPPLEMENTAL WELFARE FUND received $122,847 in total compensation. This pay is in the top 10% for Board Member roles among Mutual & Membership Benefit organizations in Pennsylvania: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at IRON WORKERS LOCAL UNION 401 SUPPLEMENTAL WELFARE FUND compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations in Pennsylvania, the 2023 pay of the Board Member at IRON WORKERS LOCAL UNION 401 SUPPLEMENTAL WELFARE FUND falls in the top 10%. In 2023, the highest total compensation at IRON WORKERS LOCAL UNION 401 SUPPLEMENTAL WELFARE FUND equaled 10% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are IRON WORKERS LOCAL UNION 401 SUPPLEMENTAL WELFARE FUND's revenue and expenses?

In 2023, IRON WORKERS LOCAL UNION 401 SUPPLEMENTAL WELFARE FUND reported $1.5M in total revenue and $1.2M in total expenses on its IRS Form 990.

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