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Filing year 2023

OPERATING ENGINEERS' LOCAL 324 HEALTH CARE PLAN

Troy, Michigan·EIN 38-1940673·501(c)(9)
Total revenue
$161.8M
Total assets
$136.6M
Total expenses
$149.9M
Reported officers
9
Mission

COLLECTION OF MONIES PURSUANT TO COLLECTIVE BARGAINING AGREEMENTS FOR DISTRIBUTION FOR PAYMENT OF COVERED HEALTH CARE, DEATH, AND DISABILITY BENEFITS TO PLAN PARTICIPANTS.

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

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

Secretary
Officer (Unspecified)
$76k
$82k
Trustee
Board Member
75th to 90th percentile
$70k
$76k
Trustee/administrator
Officer (Unspecified)
$48k
$53k
Trustee
Board Member
Median to 75th percentile
$42k
$46k

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.

Held steady
from 2022

From $76k in 2022 to $76k in 2023.

$76k
2022
$76k
2023
In today's dollarsEst.
Down 6% in real terms$87k to $82k

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

Board Member pay fell 7% from 2022 to 2023, while revenue rose 11%.

$76k in 2022 to $70k in 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

OPERATING ENGINEERS' LOCAL 324 HEALTH CARE PLAN reported revenue and expenses across 2 filing years.

RevenueExpenses
$146M
$138.1M
2022
$161.8M
$149.9M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about OPERATING ENGINEERS' LOCAL 324 HEALTH CARE PLAN

What does the Board Member of OPERATING ENGINEERS' LOCAL 324 HEALTH CARE PLAN earn?

In 2023, the Board Member of OPERATING ENGINEERS' LOCAL 324 HEALTH CARE PLAN received $70,321 in total compensation. This pay is in the top quarter for Board Member roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at OPERATING ENGINEERS' LOCAL 324 HEALTH CARE PLAN compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at OPERATING ENGINEERS' LOCAL 324 HEALTH CARE PLAN falls between the 75th and 90th percentiles.

What are OPERATING ENGINEERS' LOCAL 324 HEALTH CARE PLAN's revenue and expenses?

In 2023, OPERATING ENGINEERS' LOCAL 324 HEALTH CARE PLAN reported $161.8M in total revenue and $149.9M in total expenses on its IRS Form 990.

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