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Filing year 2024

LOCAL NO 840 IBEW GROUP INSURANCE PLAN

Geneva, New York·EIN 33-1118241·NTEE Y43 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$4.4M
Total assets
$7.3M
Total expenses
$3.9M
Reported officers
7
Mission

PROVIDE HEALTH AND INSURANCE BENEFITS TO MEMBERS OF THE ELECTRICAL WORKERS INDUSTRY IN THE LOCAL 840 JURISDICTION.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Fund Administrator
Officer (Unspecified)
$36k
$39k

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 6 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LOCAL NO 840 IBEW GROUP INSURANCE PLAN equaled 0.9% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2024)
0.9%
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 26%
from 2023

From $28k in 2023 to $36k in 2024.

$28k
2023
$36k
2024
In today's dollarsEst.
Up 21% in real terms$32k to $39k

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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about LOCAL NO 840 IBEW GROUP INSURANCE PLAN

What are LOCAL NO 840 IBEW GROUP INSURANCE PLAN's revenue and expenses?

In 2024, LOCAL NO 840 IBEW GROUP INSURANCE PLAN reported $4.4M in total revenue and $3.9M in total expenses on its IRS Form 990.

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