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Filing year 2023

IRONWORKERS LOCAL 11 WELFARE FUND

Springfield, New Jersey·EIN 22-6041517·501(c)(9)
Total revenue
$44.3M
Total assets
$63.8M
Total expenses
$47.3M
Reported officers
11
Mission

TO PROVIDE HEALTH BENEFITS TO PARTICIPANTS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Fund Administrator
Officer (Unspecified)
$302k
$338k
Base
$218k
Bonus
Other
Benefits
$25k
Union Trustee
Board Member
Above 90th percentile
$140k
$158k
Union Trustee
Board Member
Above 90th percentile
$140k
$158k
Union Trustee
Board Member
Above 90th percentile
$140k
$158k

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 7 unpaid individuals.

Up 2%
from 2022

From $295k in 2022 to $302k in 2023.

$295k
2022
$302k
2023
In today's dollarsEst.
Down 2% in real terms$344k to $338k

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

Board Member pay rose 2% from 2022 to 2023, while revenue rose 5%.

$137k in 2022 to $140k 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.
Financial trend

Revenue and expenses over time

IRONWORKERS LOCAL 11 WELFARE FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$42.1M
$45.9M
2022
$44.3M
$47.3M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about IRONWORKERS LOCAL 11 WELFARE FUND

What does the Board Member of IRONWORKERS LOCAL 11 WELFARE FUND earn?

In 2023, the Board Member of IRONWORKERS LOCAL 11 WELFARE FUND received $140,401 in total compensation. This pay is in the top 10% for Board Member roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at IRONWORKERS LOCAL 11 WELFARE FUND compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at IRONWORKERS LOCAL 11 WELFARE FUND falls in the top 10%.

What are IRONWORKERS LOCAL 11 WELFARE FUND's revenue and expenses?

In 2023, IRONWORKERS LOCAL 11 WELFARE FUND reported $44.3M in total revenue and $47.3M in total expenses on its IRS Form 990.

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