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Filing year 2024

MATERIAL YARD WORKERS LOCAL 1175 WELFARE FUND

Astoria, New York·EIN 13-5679400·9
Total revenue
$5.3M
Total assets
$3.5M
Total expenses
$4.6M
Reported officers
5
Mission

TO PAY OR PROVIDE WELFARE BENEFITS DIRECTLY AND ALSO FOR THE PAYMENT OF PREMIUMS ON SUCH POLICIES OF GROUP LIFE INSURANCE, GROUP ACCIDENT AND HEALTH INSURANCE FOR MEDICAL AND SURGICAL CARE AND HOSPITALIZATION FOR MEMBERS OF THE UNION AND THEIR DEPENDENTS, AS THE TRUSTEES MAY DETERMINE, SUBJECT TO SUCH CONDITIONS AS TO LENGTH OF SERVICE IN THE INDUSTRY, LENGTH OF MEMBERSHIP IN THE UNION AND LENGTH OF PAYMENT BY THE EMPLOYER OF EMPLOYER CONTRIBUTIONS AS THE TRUSTEES MAY DETERMINE.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

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

Plan Administrator
Highest Compensated Employee
75th to 90th percentile
$247k
$267k
Base
$156k
Bonus
Other
Benefits
$45k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Up 3%
from 2023

From $240k in 2023 to $247k in 2024.

$240k
2023
$247k
2024
In today's dollarsEst.
Down 1% in real terms$269k to $267k

Estimated with New York-Newark-Jersey City, NY-NJ-PA 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

Highest Compensated Employee pay rose 3% from 2023 to 2024, while revenue rose 14%.

$240k in 2023 to $247k in 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

MATERIAL YARD WORKERS LOCAL 1175 WELFARE FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.7M
$4.8M
2023
$5.3M
$4.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MATERIAL YARD WORKERS LOCAL 1175 WELFARE FUND

What does the Highest Compensated Employee of MATERIAL YARD WORKERS LOCAL 1175 WELFARE FUND earn?

In 2024, the Highest Compensated Employee of MATERIAL YARD WORKERS LOCAL 1175 WELFARE FUND received $246,575 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at MATERIAL YARD WORKERS LOCAL 1175 WELFARE FUND compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at MATERIAL YARD WORKERS LOCAL 1175 WELFARE FUND falls between the 75th and 90th percentiles.

What are MATERIAL YARD WORKERS LOCAL 1175 WELFARE FUND's revenue and expenses?

In 2024, MATERIAL YARD WORKERS LOCAL 1175 WELFARE FUND reported $5.3M in total revenue and $4.6M in total expenses on its IRS Form 990.

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