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Filing year 2024

SHEET METAL WORKERS LOCAL UNION NO 25 NEW JERSEY WELFARE FUND

Carlstadt, New Jersey·EIN 22-2586287·501(c)(9)
Total revenue
$12.8M
Total assets
$29M
Total expenses
$12.6M
Reported officers
8
Mission

THE FUND PROVIDES HOSPITAL, SURGICAL, MAJOR MEDICAL, DENTAL, PRESCRIPTION DRUG, VISION, LIFE INSURANCE AND OTHER BENEFITS TO ITS MEMBERS AND THEIR ELIGIBLE DEPENDENTS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

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

Administrator/ Controller
Controller
Above 90th percentile
$238k
$257k
Base
$157k
Bonus
Other
Benefits
$81k
Assoc Administra.
Unclassified
$226k
$244k
Base
$141k
Bonus
Other
Benefits
$85k

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 6 unpaid individuals.

Down 1%
from 2023

From $241k in 2023 to $238k in 2024.

$241k
2023
$238k
2024
In today's dollarsEst.
Down 5% in real terms$270k to $257k

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

Controller pay fell 1% from 2023 to 2024, while revenue fell 9%.

$241k in 2023 to $238k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

SHEET METAL WORKERS LOCAL UNION NO 25 NEW JERSEY WELFARE FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$14M
$12.5M
2023
$12.8M
$12.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SHEET METAL WORKERS LOCAL UNION NO 25 NEW JERSEY WELFARE FUND

What does the Controller of SHEET METAL WORKERS LOCAL UNION NO 25 NEW JERSEY WELFARE FUND earn?

In 2024, the Controller of SHEET METAL WORKERS LOCAL UNION NO 25 NEW JERSEY WELFARE FUND received $237,905 in total compensation. This pay is in the top 10% for Controller roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Controller pay at SHEET METAL WORKERS LOCAL UNION NO 25 NEW JERSEY WELFARE FUND compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Controller at SHEET METAL WORKERS LOCAL UNION NO 25 NEW JERSEY WELFARE FUND falls in the top 10%.

What are SHEET METAL WORKERS LOCAL UNION NO 25 NEW JERSEY WELFARE FUND's revenue and expenses?

In 2024, SHEET METAL WORKERS LOCAL UNION NO 25 NEW JERSEY WELFARE FUND reported $12.8M in total revenue and $12.6M in total expenses on its IRS Form 990.

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