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Filing year 2024

NATIONAL IAM BENEFIT TRUST FUND

Washington, District of Columbia·EIN 36-6562520·501(c)(9)
Total revenue
$131.4M
Total assets
$91.3M
Total expenses
$142.1M
Reported officers
9
Mission

TO PROVIDE HEALTH, WELFARE, VISION AND DENTAL BENEFITS TO ELIGIBILE PARTICIPANTS AND THEIR DEPENDENTS ESTABLISHED UNDER A COLLECTIVE BARGAINING AGREEMENT BETWEEN VARIOUS EMPLOYERS AND THE INTERNATIONAL ASSOCIATION OF MACHINISTS AND AEROSPACE WORKERS, AFL-CIO AND AFFILIATED IAM LOCAL AND IAM DISTRICT LODGES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

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

Director
Highest Compensated Employee
25th percentile to median
$152k
$162k
Base
$130k
Bonus
Other
Benefits
$6k
Manager Operations
Operations Manager
Median to 75th percentile
$147k
$156k
Eligibility Manager
Highest Compensated Employee
25th percentile to median
$143k
$152k
Trustee
Board Member
Above 90th percentile
$123k
$131k
Trustee
Board Member
Above 90th percentile
$115k
$122k
Co-chairman
Board Member
Above 90th percentile
$114k
$121k
Executive Director
10th to 25th percentile
$40k
$43k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Down 7%
from 2023

From $164k in 2023 to $152k in 2024.

$164k
2023
$152k
2024
In today's dollarsEst.
Down 10% in real terms$180k to $162k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV 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

Board Member pay rose 9% from 2023 to 2024, while revenue rose 5%.

$113k in 2023 to $123k in 2024.
  • Chief Executive Officer pay fell 33% 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

NATIONAL IAM BENEFIT TRUST FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$125.4M
$136.2M
2023
$131.4M
$142.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NATIONAL IAM BENEFIT TRUST FUND

What does the Highest Compensated Employee of NATIONAL IAM BENEFIT TRUST FUND earn?

In 2024, the Highest Compensated Employee of NATIONAL IAM BENEFIT TRUST FUND received $152,100 in total compensation. This pay is below the median (the midpoint) for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at NATIONAL IAM BENEFIT TRUST 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 NATIONAL IAM BENEFIT TRUST FUND falls between the 25th percentile and the median.

What are NATIONAL IAM BENEFIT TRUST FUND's revenue and expenses?

In 2024, NATIONAL IAM BENEFIT TRUST FUND reported $131.4M in total revenue and $142.1M in total expenses on its IRS Form 990.

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