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Filing year 2023

OPERATING ENGINEERS LOCAL NO 825 WELFARE FUND

Springfield, New Jersey·EIN 22-6033381·501(c)(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 · Part VII & Schedule J · 11 reported individuals · Filing year 2023

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

Administrator
Officer (Unspecified)
$319k
$358k
Base
$243k
Bonus
Other
$11k
Benefits
$25k
Director Accounting & Finance
75th to 90th percentile
$242k
$272k
Base
$180k
Bonus
Other
$3k
Benefits
$25k
Senior Infrastructure Engineer
Highest Compensated Employee
Median to 75th percentile
$204k
$229k
Base
$145k
Bonus
Other
$3k
Benefits
$24k
Senior Software Engineer
Highest Compensated Employee
Median to 75th percentile
$203k
$228k
Base
$145k
Bonus
Other
$3k
Benefits
$24k
Director Collections & Audits
Highest Compensated Employee
Median to 75th percentile
$202k
$227k
Base
$144k
Bonus
Other
$3k
Benefits
$24k
Audits Manager
Highest Compensated Employee
Median to 75th percentile
$187k
$210k
Base
$130k
Bonus
Other
$2k
Benefits
$24k
Chairman - Union Trustee
Board Chair
75th to 90th percentile
$78k
$88k
Dir. Information Technolog
Highest Compensated Employee
Below 10th percentile
$76k
$85k
Union Trustee
Board Member
75th to 90th percentile
$69k
$78k
Union Trustee
Board Member
75th to 90th percentile
$69k
$78k
Union Trustee
Board Member
75th to 90th percentile
$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.

Pay for the position

Highest Compensated Employee pay rose 10% from 2022 to 2023, while revenue rose 9%.

$185k in 2022 to $204k in 2023.
  • Board Chair pay rose 2% from 2022 to 2023.
  • Board Member pay rose 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

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.
FAQ

Common questions about OPERATING ENGINEERS LOCAL NO 825 WELFARE FUND

What does the Chief Financial Officer of OPERATING ENGINEERS LOCAL NO 825 WELFARE FUND earn?

In 2023, the Chief Financial Officer of OPERATING ENGINEERS LOCAL NO 825 WELFARE FUND received $242,379 in total compensation. This pay is in the top quarter for Chief Financial Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at OPERATING ENGINEERS LOCAL NO 825 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 OPERATING ENGINEERS LOCAL NO 825 WELFARE FUND falls between the 75th and 90th percentiles.

What are OPERATING ENGINEERS LOCAL NO 825 WELFARE FUND's revenue and expenses?

In 2023, OPERATING ENGINEERS LOCAL NO 825 WELFARE FUND reported $207.1M in total revenue and $185M in total expenses on its IRS Form 990.

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