Mission
THE PRIMARY EXEMPT PURPOSE OF THE FUND IS TO PROVIDE BENEFITS TO LOCAL NO. 7 UNION MEMBERS.
Executive compensation, broken down
Form 990 · Schedule J · 4 reported individuals · Filing year 2023
Fund Administrator
officer (unspecified)
$173k
$193k
- Base
- $118k
- Bonus
- —
- Other
- —
- Benefits
- $32k
Trustee
board member
$55k
$61k
Trustee
board member
$52k
$58k
Trustee
board member
$52k
$58k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Fund Administrator officer (unspecified) | $118k | — | — | $32k | $173k $193k |
Trustee board member | — | — | — | — | $55k $61k |
Trustee board member | — | — | — | — | $52k $58k |
Trustee board member | — | — | — | — | $52k $58k |
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 3 unpaid individuals.
Up 4%
from 2022
From $167k in 2022 to $173k in 2023.
$167k
2022
$173k
2023
$167k
2022
$173k
2023
In today's dollarsEst.
Roughly flat in real terms$193k to $193k
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
PLUMBERS AND STEAMFITTERS LOCAL NO 7 WELFARE FUND reported revenue and expenses across 2 filing years.
RevenueExpenses
$18M
$16.8M
2022
$30.5M
$16.6M
2023
Total revenue and total expenses from IRS Form 990 filings.
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