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Filing year 2024

LOCAL 342 INSURANCE TRUST

Shirley, New York·EIN 23-7428792·9
Total revenue
$1.3M
Total assets
$3.4M
Total expenses
$1.2M
Reported officers
2
Mission

CONTRIBUTIONS PROVIDE DENTAL, VISION, WELLNESS, ST DISABILITY, LEGAL SERVICES & LIFE INSURANCE BENEFITS FOR THEIR EMPLOYEES WHO ARE PARTICIPANTS IN THE FUND.

Executive compensation, broken down

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

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

Fund Manager
Key Employee
Median to 75th percentile
$231k
$250k
Base
$178k
Bonus
$15k
Other
Benefits
$10k
Trustee
Board Member
Median to 75th percentile
$48k
$52k

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.

Up 9%
from 2023

From $213k in 2023 to $231k in 2024.

$213k
2023
$231k
2024
In today's dollarsEst.
Up 5% in real terms$239k to $250k

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 9% from 2023 to 2024, while revenue fell 1%.

$213k in 2023 to $231k in 2024.
  • Board Member pay fell 3% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

LOCAL 342 INSURANCE TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.3M
$1.1M
2023
$1.3M
$1.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LOCAL 342 INSURANCE TRUST

What does the Key Employee of LOCAL 342 INSURANCE TRUST earn?

In 2024, the Key Employee of LOCAL 342 INSURANCE TRUST received $231,409 in total compensation. This pay is above the median (the midpoint) for Key Employee roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at LOCAL 342 INSURANCE TRUST compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Key Employee at LOCAL 342 INSURANCE TRUST falls between the median and the 75th percentile.

What are LOCAL 342 INSURANCE TRUST's revenue and expenses?

In 2024, LOCAL 342 INSURANCE TRUST reported $1.3M in total revenue and $1.2M in total expenses on its IRS Form 990.

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