GROUP BENEFIT PLAN (VEBA) UNDER IRC SECTION 501(C)(9) AND APPLICABLE DOL REGULATIONS.
Executive compensation
Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.
| Position | Total |
|---|---|
Trustee Board Member 25th percentile to median | $5k $6k |
Trustee Board Member 25th percentile to median | $5k $5k |
Trustee Board Member 25th percentile to median | $5k $5k |
Committee Ch Board Member 25th percentile to median | $4k $4k |
Trustee Board Member 25th percentile to median | $4k $4k |
Committee Me Board Member 10th to 25th percentile | $2k $2k |
Committee Me Board Member 10th to 25th percentile | $2k $2k |
Trustee Board Member 10th to 25th percentile | $2k $2k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Top pay as a share of expenses
In 2024, the highest total compensation at THE IAM LOCAL 2848 FORD RETIREES VEBA TRUST equaled 0.6% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Board Member pay rose 18% from 2023 to 2024, while revenue rose 85%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about THE IAM LOCAL 2848 FORD RETIREES VEBA TRUST
What does the Board Member of THE IAM LOCAL 2848 FORD RETIREES VEBA TRUST earn?
In 2024, the Board Member of THE IAM LOCAL 2848 FORD RETIREES VEBA TRUST received $5,150 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Mutual & Membership Benefit organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at THE IAM LOCAL 2848 FORD RETIREES VEBA TRUST compare with similar nonprofits?
Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Board Member at THE IAM LOCAL 2848 FORD RETIREES VEBA TRUST falls between the 25th percentile and the median. In 2024, the highest total compensation at THE IAM LOCAL 2848 FORD RETIREES VEBA TRUST equaled 0.6% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
What are THE IAM LOCAL 2848 FORD RETIREES VEBA TRUST's revenue and expenses?
In 2024, THE IAM LOCAL 2848 FORD RETIREES VEBA TRUST reported $680k in total revenue and $827k in total expenses on its IRS Form 990.
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