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Filing year 2024

SHEET METAL WORKERS LOCAL UNION NO 25 NEW JERSEY WELFARE FUND

Carlstadt, New Jersey·EIN 22-2586287·9
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 · Schedule J · 2 reported individuals · Filing year 2024

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
Administrator/ Controller
unclassified
$238k
$257k
Assoc Administra.
unclassified
$226k
$244k

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.

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.
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