THE PURPOSE OF THE ORGANIZATION IS TO IMPROVE WORK OPPORTUNITIES FOR EMPLOYEES COVERED BY THE LOCAL 1298 COLLECTIVE BARGANING AGREEMENTS.
Executive compensation
Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Employment organizations in New York.
| Position | Total |
|---|---|
Director Board Member Above 90th percentile | $264k $296k |
Director Board Member Above 90th percentile | $230k $258k |
Director Board Member Above 90th percentile | $219k $246k |
Key Employee Median to 75th percentilevs Employment peers nationwide | $218k $245k |
Business Representative Board Member Above 90th percentile | $211k $237k |
Vp/business Rep Board Member Above 90th percentile | $205k $230k |
President Board President Above 90th percentile | $72k $81k |
Recording Secretary Board Secretary Above 90th percentilevs Employment peers nationwide | $72k $81k |
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.
Top pay as a share of expenses
In 2023, the highest total compensation at LOCAL 1298 MARKET RECOVERY PROGRAM INC equaled 63% of the organization's total expenses. The median for employment organizations is 7%.
Based on 3,624 employment organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 10%
from 2022
From $240k in 2022 to $264k in 2023.
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.
Board Member pay rose 10% from 2022 to 2023, while revenue rose 18%.
- Key Employee pay rose 10% from 2022 to 2023.
- Board President pay held roughly steady from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about LOCAL 1298 MARKET RECOVERY PROGRAM INC
What does the Board Member of LOCAL 1298 MARKET RECOVERY PROGRAM INC earn?
In 2023, the Board Member of LOCAL 1298 MARKET RECOVERY PROGRAM INC received $264,118 in total compensation. This pay is in the top 10% for Board Member roles among Employment organizations in New York: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board Member pay at LOCAL 1298 MARKET RECOVERY PROGRAM INC compare with similar nonprofits?
Compared with the same role at Employment organizations in New York, the 2023 pay of the Board Member at LOCAL 1298 MARKET RECOVERY PROGRAM INC falls in the top 10%. In 2023, the highest total compensation at LOCAL 1298 MARKET RECOVERY PROGRAM INC equaled 63% of the organization's total expenses. The median for employment organizations is 7%.
What are LOCAL 1298 MARKET RECOVERY PROGRAM INC's revenue and expenses?
In 2023, LOCAL 1298 MARKET RECOVERY PROGRAM INC reported $873k in total revenue and $422k in total expenses on its IRS Form 990.
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