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Filing year 2023

MIDWEST OPERATING ENGINEERS WELFARE FUND

Countryside, Illinois·EIN 36-6109395·9
Total revenue
$758.9M
Total assets
$2B
Total expenses
$528.1M
Reported officers
18
Mission

PROVIDE HEALTH BENEFITS

Executive compensation, broken down

Form 990 · Schedule J · 11 reported individuals · Filing year 2023

Administrative Manager
officer (unspecified)
$426k
$471k
Base
$316k
Bonus
Other
$5k
Benefits
$42k
Collector
highest compensated employee
$279k
$309k
Base
$153k
Bonus
Other
$678
Benefits
$46k
Collector
highest compensated employee
$279k
$309k
Base
$153k
Bonus
Other
$657
Benefits
$46k
Director of Communications
director (operational)
$226k
$251k
Base
$159k
Bonus
Other
Benefits
$29k
Controller
highest compensated employee
$219k
$242k
Base
$128k
Bonus
Other
Benefits
$39k
Director of Operations
$209k
$231k
Base
$118k
Bonus
Other
Benefits
$40k
Trustee
board member
$133k
$147k
Trustee
board member
$133k
$147k
Trustee
board member
$133k
$147k
Trustee
board member
$133k
$147k
Chairman
board chair
$133k
$147k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Climbed 43%
over 4 years

From $298k in 2019 to $426k in 2023.

$298k
2019
$345k
2022
$426k
2023
In today's dollarsEst.
Up 22% in real terms$386k to $471k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI 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

MIDWEST OPERATING ENGINEERS WELFARE FUND reported revenue and expenses across 3 filing years.

RevenueExpenses
$553.3M
$409.7M
2019
$656.8M
$491.9M
2022
$758.9M
$528.1M
2023
Total revenue and total expenses from IRS Form 990 filings.
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