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Filing year 2024

MASSACHUSETTS LABORERS' HEALTH & WELFARE FUND

Burlington, Massachusetts·EIN 04-2214296·501(c)(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 · Part VII & Schedule J · 6 reported individuals · Filing year 2024

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

Executive Dir.
Officer (Unspecified)
$363k
$388k
Base
$287k
Bonus
Other
$15k
Benefits
$21k
Deputy Executive Director
75th to 90th percentile
$260k
$277k
Base
$199k
Bonus
Other
Benefits
$21k
H & W Director
Highest Compensated Employee
75th to 90th percentile
$247k
$264k
Base
$186k
Bonus
Other
Benefits
$21k
Pension & Annuity Director
Highest Compensated Employee
75th to 90th percentile
$246k
$263k
Base
$185k
Bonus
Other
Benefits
$21k
IT Director
Chief Information Officer
Median to 75th percentile
$218k
$233k
Base
$157k
Bonus
Other
Benefits
$21k
Director of Accounting
Highest Compensated Employee
Median to 75th percentile
$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.

Pay for the position

Chief Executive Officer pay fell 26% from 2023 to 2024, while revenue rose 13%.

$352k in 2023 to $260k in 2024.
  • Highest Compensated Employee pay fell 2% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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.
FAQ

Common questions about MASSACHUSETTS LABORERS' HEALTH & WELFARE FUND

What does the Chief Executive Officer of MASSACHUSETTS LABORERS' HEALTH & WELFARE FUND earn?

In 2024, the Chief Executive Officer of MASSACHUSETTS LABORERS' HEALTH & WELFARE FUND received $259,848 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MASSACHUSETTS LABORERS' HEALTH & WELFARE FUND compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at MASSACHUSETTS LABORERS' HEALTH & WELFARE FUND falls between the 75th and 90th percentiles.

What are MASSACHUSETTS LABORERS' HEALTH & WELFARE FUND's revenue and expenses?

In 2024, MASSACHUSETTS LABORERS' HEALTH & WELFARE FUND reported $199.9M in total revenue and $182.5M in total expenses on its IRS Form 990.

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