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Filing year 2023

OPERATING ENGINEERS LOCAL NO 825 WELFARE FUND

Springfield, New Jersey·EIN 22-6033381·9
Total revenue
$207.1M
Total assets
$320.9M
Total expenses
$185M
Reported officers
15
Mission

TO PROVIDE WELFARE BENEFITS TO PLAN PARTICIPANTS.

Executive compensation, broken down

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

Administrator
officer (unspecified)
$319k
$358k
Base
$243k
Bonus
Other
$11k
Benefits
$25k
Director Accounting & Finance
$242k
$272k
Base
$180k
Bonus
Other
$3k
Benefits
$25k
Senior Infrastructure Engineer
highest compensated employee
$204k
$229k
Base
$145k
Bonus
Other
$3k
Benefits
$24k
Senior Software Engineer
highest compensated employee
$203k
$228k
Base
$145k
Bonus
Other
$3k
Benefits
$24k
Director Collections & Audits
highest compensated employee
$202k
$227k
Base
$144k
Bonus
Other
$3k
Benefits
$24k
Audits Manager
highest compensated employee
$187k
$210k
Base
$130k
Bonus
Other
$2k
Benefits
$24k
Chairman - Union Trustee
board chair
$78k
$88k
Dir. Information Technolog
highest compensated employee
$76k
$85k
Union Trustee
board member
$69k
$78k
Union Trustee
board member
$69k
$78k
Union Trustee
board member
$69k
$78k

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 4 unpaid individuals.

Up 4%
from 2022

From $306k in 2022 to $319k in 2023.

$306k
2022
$319k
2023
In today's dollarsEst.
Up 1% in real terms$356k to $358k

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.

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 NO 825 WELFARE FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$189.6M
$171.3M
2022
$207.1M
$185M
2023
Total revenue and total expenses from IRS Form 990 filings.
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