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Filing year 2023

LOCAL 522 WELFARE FUND OF NEW YORK AND NEW JERSEY

Brooklyn, New York·EIN 22-6062063·9
Total revenue
$28.9M
Total assets
$11.2M
Total expenses
$30.8M
Reported officers
4
Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Trustee
board member
$50k
$56k

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 3 unpaid individuals.

Down 5%
from 2022

From $53k in 2022 to $50k in 2023.

$53k
2022
$50k
2023
In today's dollarsEst.
Down 9% in real terms$62k to $56k

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.

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

Revenue and expenses over time

LOCAL 522 WELFARE FUND OF NEW YORK AND NEW JERSEY reported revenue and expenses across 2 filing years.

RevenueExpenses
$29.7M
$33M
2022
$28.9M
$30.8M
2023
Total revenue and total expenses from IRS Form 990 filings.
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