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Filing year 2023

Michigan Conference of Teamsters Welfare Fund

Detroit, Michigan·EIN 38-1328578·501(c)(9)
Total revenue
$371.5M
Total assets
$679.6M
Total expenses
$341.5M
Reported officers
14
Mission

The Michigan Conference of Teamsters Welfare Fund (MCTWF) seeks to provide to its participants and their eligible dependents the highest quality of administrative services and a broad range of cost-effective health and welfare benefit package choices, utilizing provider networks that employ the highest professional standards and that provide participants and their eligible dependents with the greatest possible access. MCTWF seeks, as well, to fully accommodate the related educational and operational requirements of teamster union representatives and employers who contract to provide MCTWF coverage. In sum, MCTWF seeks to provide the best group health plan option among all available group health plans and insurers to meet the health and welfare benefit needs of teamster members and their families.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023

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

Executive Director
Above 90th percentile
$425k
$462k
Base
$361k
Bonus
Other
Benefits
$37k
Director of IT and Service
Chief Information Officer
75th to 90th percentile
$271k
$295k
Base
$216k
Bonus
Other
Benefits
$32k
Director of Financial Services
75th to 90th percentile
$246k
$268k
Base
$187k
Bonus
Other
Benefits
$36k
Sr. Director of Benefit Admin
Highest Compensated Employee
75th to 90th percentile
$240k
$261k
Base
$201k
Bonus
Other
Benefits
$16k
Senior Director for Plan Operations
75th to 90th percentile
$218k
$237k
Base
$166k
Bonus
Other
Benefits
$30k
Computer Systems Analyst
Highest Compensated Employee
Median to 75th percentile
$211k
$230k
Base
$154k
Bonus
Other
Benefits
$36k
Co-chair, Trustee
Board Member
Median to 75th percentile
$42k
$45k
Trustee
Board Member
Median to 75th percentile
$40k
$44k
Trustee
Board Member
Median to 75th percentile
$40k
$44k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Up 6%
from 2022

From $399k in 2022 to $425k in 2023.

$399k
2022
$425k
2023
In today's dollarsEst.
Up 1% in real terms$460k to $462k

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 6% from 2022 to 2023, while revenue rose 12%.

$399k in 2022 to $425k in 2023.
  • Chief Information Officer pay rose 2% from 2022 to 2023.
  • Chief Financial Officer pay rose 3% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Michigan Conference of Teamsters Welfare Fund reported revenue and expenses across 2 filing years.

RevenueExpenses
$331M
$332.8M
2022
$371.5M
$341.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Michigan Conference of Teamsters Welfare Fund

What does the Chief Executive Officer of Michigan Conference of Teamsters Welfare Fund earn?

In 2023, the Chief Executive Officer of Michigan Conference of Teamsters Welfare Fund received $424,837 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Michigan Conference of Teamsters Welfare Fund compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at Michigan Conference of Teamsters Welfare Fund falls in the top 10%.

What are Michigan Conference of Teamsters Welfare Fund's revenue and expenses?

In 2023, Michigan Conference of Teamsters Welfare Fund reported $371.5M in total revenue and $341.5M in total expenses on its IRS Form 990.

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