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Filing year 2024

LOCAL NO 41 IBEW HEALTH FUND

Orchard Park, New York·EIN 16-0841426·9
Total revenue
$25.5M
Total assets
$56M
Total expenses
$20.1M
Reported officers
7
Mission

THE FUND PROVIDES HEALTH AND WELFARE BENEFITS FOR ELIGIBLE PARTICIPANTS WORKING UNDER THE TERMS OF THE COLLECTIVE BARGAINING AGREEMENT, RECIPROCAL AGREEMENT, OR PARTICIPATION AGREEMENT REQUIRING CONTRIBUTIONS TO THE FUND.

Executive compensation, broken down

Form 990 · Schedule J · 4 reported individuals · Filing year 2024

Plan Adminis
officer (unspecified)
$168k
$181k
Base
$97k
Bonus
Other
$258
Benefits
$31k
Trustee
board member
$112k
$121k
Base
Bonus
Other
$44k
Benefits
Trustee
board member
$91k
$99k
Base
Bonus
Other
$22k
Benefits
Trustee
board member
$19k
$21k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Climbed 66%
over 3 years

From $101k in 2021 to $168k in 2024.

$101k
2021
$142k
2023
$168k
2024
In today's dollarsEst.
Up 45% in real terms$125k to $181k

Estimated with BLS CPI-U for the Northeast region, 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 NO 41 IBEW HEALTH FUND reported revenue and expenses across 3 filing years.

RevenueExpenses
$20.7M
$17M
2021
$20.4M
$18M
2023
$25.5M
$20.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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