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Filing year 2023

LOCAL 705 IB OF T HEALTH AND WELFARE FUND

Chicago, Illinois·EIN 36-2688697·501(c)(9)
Total revenue
$41.2M
Total assets
$107M
Total expenses
$39.3M
Reported officers
11
Mission

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

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

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

Assistant Administrator
Highest Compensated Employee
Median to 75th percentile
$190k
$210k
Base
$129k
Bonus
Other
Benefits
$30k
Claims Department Manager
Highest Compensated Employee
25th percentile to median
$166k
$184k
Base
$105k
Bonus
Other
Benefits
$30k
Trustee
Board Member
75th to 90th percentile
$102k
$113k
Trustee
Board Member
75th to 90th percentile
$100k
$111k
Chairman
Board Chair
75th to 90th percentile
$100k
$110k
Trustee
Board Member
75th to 90th percentile
$100k
$110k
Administrator
Officer (Unspecified)
$62k
$68k

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 4 unpaid individuals.

FAQ

Common questions about LOCAL 705 IB OF T HEALTH AND WELFARE FUND

What does the Highest Compensated Employee of LOCAL 705 IB OF T HEALTH AND WELFARE FUND earn?

In 2023, the Highest Compensated Employee of LOCAL 705 IB OF T HEALTH AND WELFARE FUND received $189,982 in total compensation. This pay is above the median (the midpoint) for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at LOCAL 705 IB OF T HEALTH AND WELFARE FUND compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Highest Compensated Employee at LOCAL 705 IB OF T HEALTH AND WELFARE FUND falls between the median and the 75th percentile.

What are LOCAL 705 IB OF T HEALTH AND WELFARE FUND's revenue and expenses?

In 2023, LOCAL 705 IB OF T HEALTH AND WELFARE FUND reported $41.2M in total revenue and $39.3M in total expenses on its IRS Form 990.

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