The purpose of this trust is to provide retiree medical and life insurance coverage as set forth in the Kraft Heinz Company Retiree Health and Welfare Benefits Plan which is funded through this trust.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.
| Position | Total |
|---|---|
Trustee Board Member Median to 75th percentile | $45k $49k |
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 1 unpaid individual.
Top pay as a share of expenses
In 2024, the highest total compensation at Kraft Heinz Company Retiree Health & & Welfare Benefits Trust III equaled 0.1% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Down 9%
from 2023
From $50k in 2023 to $45k in 2024.
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.
Board Member pay fell 9% from 2023 to 2024, while revenue rose 59%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
Kraft Heinz Company Retiree Health & & Welfare Benefits Trust III reported revenue and expenses across 2 filing years.
What Mutual & Membership Benefit executives earn
Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $26,876.
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 →Common questions about Kraft Heinz Company Retiree Health & & Welfare Benefits Trust III
What does the Board Member of Kraft Heinz Company Retiree Health & & Welfare Benefits Trust III earn?
In 2024, the Board Member of Kraft Heinz Company Retiree Health & & Welfare Benefits Trust III received $45,365 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Mutual & Membership Benefit organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at Kraft Heinz Company Retiree Health & & Welfare Benefits Trust III compare with similar nonprofits?
Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Board Member at Kraft Heinz Company Retiree Health & & Welfare Benefits Trust III falls between the median and the 75th percentile. In 2024, the highest total compensation at Kraft Heinz Company Retiree Health & & Welfare Benefits Trust III equaled 0.1% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
What are Kraft Heinz Company Retiree Health & & Welfare Benefits Trust III's revenue and expenses?
In 2024, Kraft Heinz Company Retiree Health & & Welfare Benefits Trust III reported $82.3M in total revenue and $70.9M in total expenses on its IRS Form 990.
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