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Filing year 2023

LOCAL 298 HEALTH FUND II

Valley Stream, New York·EIN 11-1955915·NTEE Y43 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$5.2M
Total assets
$4.9M
Total expenses
$3.6M
Reported officers
3
Mission

TO PROVIDE HEALTH BENEFITS TO ELIGIBLE PARTICIPANTS

Executive compensation, broken down

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 New York.

Fund Mgr.
Key Employee
Above 90th percentilevs Mutual & Membership Benefit peers nationwide
$504k
$566k
Base
$179k
Bonus
Other
Benefits
$150k
Trustee/fund Employee
Board Member
Above 90th percentile
$227k
$255k
Base
$15k
Bonus
Other
Benefits
$12k
Trustee
Board Member
10th to 25th percentile
$3k
$3k

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.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LOCAL 298 HEALTH FUND II equaled 14% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2023)
14%
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.

Up 158%
from 2022

From $196k in 2022 to $504k in 2023.

$196k
2022
$504k
2023
In today's dollarsEst.
Up 148% in real terms$228k to $566k

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

Key Employee pay rose 158% from 2022 to 2023, while revenue rose 36%.

$196k in 2022 to $504k in 2023.
  • Board Member pay rose 1444% from 2022 to 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 LOCAL 298 HEALTH FUND II

What does the Key Employee of LOCAL 298 HEALTH FUND II earn?

In 2023, the Key Employee of LOCAL 298 HEALTH FUND II received $504,126 in total compensation. This pay is in the top 10% for Key Employee roles among Mutual & Membership Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Key Employee pay at LOCAL 298 HEALTH FUND II compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2023 pay of the Key Employee at LOCAL 298 HEALTH FUND II falls in the top 10%. In 2023, the highest total compensation at LOCAL 298 HEALTH FUND II equaled 14% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are LOCAL 298 HEALTH FUND II's revenue and expenses?

In 2023, LOCAL 298 HEALTH FUND II reported $5.2M in total revenue and $3.6M in total expenses on its IRS Form 990.

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