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Filing year 2024

LOCAL UNION 704 IBEW HEALTH AND WELFARE FUND

Moline, Illinois·EIN 23-7181744·9
Total revenue
$2.8M
Total assets
$7.1M
Total expenses
$2.9M
Reported officers
10
Mission

HEALTH & WELFARE BENEFITS

Executive compensation

Form 990 · Schedule J · 3 reported individuals · Filing year 2024

Former Trustee
board member
$41k
$44k
Trustee
board member
$1k
$1k
Trustee
board member
$279
$300

Teal figures restate each filed amount in 2026 dollars.

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

Plus 7 unpaid individuals.

Held roughly steady
over 2 years

From $40k in 2022 to $41k in 2024.

$40k
2022
$40k
2023
$41k
2024
In today's dollarsEst.
Down 2% in real terms$45k to $44k

Estimated with BLS CPI-U for the Midwest 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 UNION 704 IBEW HEALTH AND WELFARE FUND reported revenue and expenses across 3 filing years.

RevenueExpenses
$2.5M
$2.2M
2022
$2.7M
$2.6M
2023
$2.8M
$2.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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