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Filing year 2023

NEW JERSEY EDUCATION ASSOCIATION HEALTH AND WELFARE BENEFITS TRUST

Trenton, New Jersey·EIN 91-2003765·9
Total revenue
$24.4M
Total assets
$184.7M
Total expenses
$7.3M
Reported officers
42
Mission

THE WELFARE BENEFITS PROVIDED BY THE PLAN INCLUDE MEDICAL, PRESCRIPTION, VISION, DENTAL, DISABILITY, LIFE, ACCIDENTAL DEATH AND DISMEMBERMENT BENEFITS AND MEDICARE B REIMBURSEMENTS. PARTICIPANTS SHOULD REFER TO THE SUMMARY PLAN DESCRIPTION FOR MORE COMPLETE INFORMATION.

Executive compensation

Form 990 · Schedule J · 4 reported individuals · Filing year 2023

Base salaryExecutive compensation
President
board president
$195k
$218k
Administrator
key employee
$156k
$174k
Vice President
vice president
$152k
$169k
Secretary-treasurer
board treasurer
$72k
$80k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 38 unpaid individuals.

Up 181%
from 2022

From $70k in 2022 to $195k in 2023.

$70k
2022
$195k
2023
In today's dollarsEst.
Up 171% in real terms$80k to $218k

Estimated with BLS CPI-U for the Northeast region, 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

NEW JERSEY EDUCATION ASSOCIATION HEALTH AND WELFARE BENEFITS TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$24.6M
$7M
2022
$24.4M
$7.3M
2023
Total revenue and total expenses from IRS Form 990 filings.
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