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Filing year 2024

MASSACHUSETTS LABORERS' HEALTH & WELFARE FUND

Burlington, Massachusetts·EIN 04-2214296·9
Total revenue
$199.9M
Total assets
$625.5M
Total expenses
$182.5M
Reported officers
15
Mission

THE PURPOSE OF THE PLAN IS TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS.

Executive compensation, broken down

Form 990 · Schedule J · 6 reported individuals · Filing year 2024

Executive Dir.
officer (unspecified)
$363k
$388k
Base
$287k
Bonus
Other
$15k
Benefits
$21k
Deputy Executive Director
$260k
$277k
Base
$199k
Bonus
Other
Benefits
$21k
H & W Director
highest compensated employee
$247k
$264k
Base
$186k
Bonus
Other
Benefits
$21k
Pension & Annuity Director
highest compensated employee
$246k
$263k
Base
$185k
Bonus
Other
Benefits
$21k
IT Director
chief information officer
$218k
$233k
Base
$157k
Bonus
Other
Benefits
$21k
Director of Accounting
highest compensated employee
$213k
$228k
Base
$152k
Bonus
Other
Benefits
$21k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Up 3%
from 2023

From $352k in 2023 to $363k in 2024.

$352k
2023
$363k
2024
In today's dollarsEst.
Roughly flat in real terms$388k to $388k

Estimated with Boston-Cambridge-Newton, MA-NH 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

MASSACHUSETTS LABORERS' HEALTH & WELFARE FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$177.3M
$160.3M
2023
$199.9M
$182.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
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