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Filing year 2023

NYC DISTRICT COUNCIL OF CARPENTERS WELFARE FUND

New York, New York·EIN 13-5615576·501(c)(9)
Total revenue
$416.1M
Total assets
$866M
Total expenses
$461.5M
Reported officers
19
Mission

THE PURPOSE OF THE PLAN IS TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

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

Executive Dir
Officer (Unspecified)
$331k
$371k
Base
$267k
Bonus
Other
Benefits
$29k
Director of Finance & Inv
Above 90th percentile
$282k
$316k
Base
$230k
Bonus
Other
Benefits
$29k
Controller
Above 90th percentile
$258k
$290k
Base
$203k
Bonus
Other
Benefits
$29k
IT Director
Chief Information Officer
Median to 75th percentile
$225k
$253k
Base
$178k
Bonus
Other
Benefits
$29k
Director of Admin Services
Highest Compensated Employee
Median to 75th percentile
$205k
$230k
Base
$160k
Bonus
Other
Benefits
$29k
Welfare Fund Director
Highest Compensated Employee
Median to 75th percentile
$204k
$229k
Base
$159k
Bonus
Other
Benefits
$29k
Technical Project Manager
Project Manager
75th to 90th percentile
$190k
$213k
Base
$146k
Bonus
Other
Benefits
$29k

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 12 unpaid individuals.

Down 9%
from 2022

From $363k in 2022 to $331k in 2023.

$363k
2022
$331k
2023
In today's dollarsEst.
Down 12% in real terms$423k to $371k

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

Chief Financial Officer pay fell 22% from 2022 to 2023, while revenue rose 1%.

$363k in 2022 to $282k in 2023.
  • Controller pay rose 5% from 2022 to 2023.
  • Chief Information Officer pay fell 4% 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

NYC DISTRICT COUNCIL OF CARPENTERS WELFARE FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$410.4M
$450.4M
2022
$416.1M
$461.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NYC DISTRICT COUNCIL OF CARPENTERS WELFARE FUND

What does the Chief Financial Officer of NYC DISTRICT COUNCIL OF CARPENTERS WELFARE FUND earn?

In 2023, the Chief Financial Officer of NYC DISTRICT COUNCIL OF CARPENTERS WELFARE FUND received $281,897 in total compensation. This pay is in the top 10% for Chief Financial 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 Financial Officer pay at NYC DISTRICT COUNCIL OF CARPENTERS WELFARE FUND compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Financial Officer at NYC DISTRICT COUNCIL OF CARPENTERS WELFARE FUND falls in the top 10%.

What are NYC DISTRICT COUNCIL OF CARPENTERS WELFARE FUND's revenue and expenses?

In 2023, NYC DISTRICT COUNCIL OF CARPENTERS WELFARE FUND reported $416.1M in total revenue and $461.5M in total expenses on its IRS Form 990.

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