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Filing year 2023

THE 170 GROUP INSURANCE BENEFITS TRUST

Los Angeles, California·EIN 95-3136353·9
Total revenue
$9.8M
Total assets
$4.9M
Total expenses
$8.9M
Reported officers
6
Mission

TO PROVIDE BENEFITS TO APPROXIMATELY 650 PLAN PARTICIPANTS COVERED UNDER THE COLLECTIVE BARGAINING AGREEMENT BETWEEN THE UNION AND THE EMPLOYERS.

Executive compensation

Form 990 · Schedule J · 3 reported individuals · Filing year 2023

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

Co-chair
Officer (Unspecified)
$26k
$29k
Trustee
Board Member
Median to 75th percentile
$26k
$29k
Trustee
Board Member
Median to 75th percentile
$21k
$23k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Down 39%
from 2022

From $43k in 2022 to $26k in 2023.

$43k
2022
$26k
2023
In today's dollarsEst.
Down 41% in real terms$49k to $29k

Estimated with Los Angeles-Long Beach-Anaheim, CA 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

Board Member pay fell 24% from 2022 to 2023, while revenue rose 13%.

$35k in 2022 to $26k in 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

THE 170 GROUP INSURANCE BENEFITS TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$8.7M
$8.3M
2022
$9.8M
$8.9M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about THE 170 GROUP INSURANCE BENEFITS TRUST

What does the Board Member of THE 170 GROUP INSURANCE BENEFITS TRUST earn?

In 2023, the Board Member of THE 170 GROUP INSURANCE BENEFITS TRUST received $26,195 in total compensation. This pay is above the median (the midpoint) for Board Member roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at THE 170 GROUP INSURANCE BENEFITS TRUST compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at THE 170 GROUP INSURANCE BENEFITS TRUST falls between the median and the 75th percentile.

What are THE 170 GROUP INSURANCE BENEFITS TRUST's revenue and expenses?

In 2023, THE 170 GROUP INSURANCE BENEFITS TRUST reported $9.8M in total revenue and $8.9M in total expenses on its IRS Form 990.

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