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Filing year 2023

IRON WORKERS LOCALS 549 & 550 MEDICAL & BENEFIT FUND

Ona, West Virginia·EIN 51-0168650·NTEE Y40 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$12.4M
Total assets
$15.5M
Total expenses
$11.5M
Reported officers
15
Mission

THE TRUST IS CREATED, ESTABLISHED AND MAINTAINED, (AND THE TRUSTEES AGREE TO RECEIVE, HOLD, AND ADMINISTER), TO PROVIDE BENEFITS FOR MEMBERS AND THEIR BENEFICIARIES IN ACCORDANCE WITH THE PLAN DOCUMENT.

Reported officers (all unpaid)

No paid executives reported in 2023. IRON WORKERS LOCALS 549 & 550 MEDICAL & BENEFIT FUND reported 15 unpaid officers and board members on its 990.

Employer Trustee
Employer Trustee
Employer Trustee
Employer Trustee
Employer Trustee
Alternate Employer Trustee
Employee Trustee
Co-chairman/employee Trustee
Employee Trustee
Employee Trustee
Employee Trustee
Alternate Employee Trustee
Alternate Employee Trustee
Employer Trustee
Co-chairman/employee Trustee
Pay in context

Top pay as a share of expenses

In 2022, the highest total compensation at IRON WORKERS LOCALS 549 & 550 MEDICAL & BENEFIT FUND equaled 0.9% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2022)
0.9%
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.

Financial trend

Revenue and expenses over time

IRON WORKERS LOCALS 549 & 550 MEDICAL & BENEFIT FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$10.7M
$9.9M
2022
$12.4M
$11.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Mutual & Membership Benefit executives earn

IRON WORKERS LOCALS 549 & 550 MEDICAL & BENEFIT FUND reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable mutual & membership benefit organization nationwide earns a median of $26,876.

25th percentile
$5k
Median
$26,876
75th percentile
$87k
90th percentile
$209k

These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 1,359 organizations across 1,359 filings (2021 – 2024).

See full Mutual & Membership Benefit compensation data

Similar Organizations

Similar sector (Y)Comparable revenue ($7.9M vs $12.4M)Same state (West Virginia)Comparable compensation levels
Similar sector (Y)Comparable revenue ($9.2M vs $12.4M)Same state (West Virginia)
FAQ

Common questions about IRON WORKERS LOCALS 549 & 550 MEDICAL & BENEFIT FUND

What are IRON WORKERS LOCALS 549 & 550 MEDICAL & BENEFIT FUND's revenue and expenses?

In 2023, IRON WORKERS LOCALS 549 & 550 MEDICAL & BENEFIT FUND reported $12.4M in total revenue and $11.5M in total expenses on its IRS Form 990.

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