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Filing year 2024

THE IBEW LOCAL 1377 ELIGIBLE FORD RETIREES VEBA TRUST

Brunswick, Ohio·EIN 26-6885036·NTEE Y44 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$1.4M
Total assets
$36.9M
Total expenses
$2M
Reported officers
7
Mission

THE FUND PROVIDES CERTAIN HEALTH INSURANCE PREMIUMS, VISION, DENTAL, PRESCRIPTION DRUG, AND HEALTH BENEFIT CLAIM PAYMENTS TO ELIGIBLE MEMBERS OF THE IBEW LOCAL UNION 1377.

Executive compensation

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 Mutual & Membership Benefit organizations nationwide.

Committee
Board Member
25th percentile to median
$5k
$5k
Committee
Board Member
25th percentile to median
$5k
$5k

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.

Plus 5 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE IBEW LOCAL 1377 ELIGIBLE FORD RETIREES VEBA TRUST equaled 0.2% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2024)
0.2%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Pay for the position

Board Member pay rose 114% from 2023 to 2024, while revenue rose 14%.

$2k in 2023 to $5k in 2024.

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.

FAQ

Common questions about THE IBEW LOCAL 1377 ELIGIBLE FORD RETIREES VEBA TRUST

What does the Board Member of THE IBEW LOCAL 1377 ELIGIBLE FORD RETIREES VEBA TRUST earn?

In 2024, the Board Member of THE IBEW LOCAL 1377 ELIGIBLE FORD RETIREES VEBA TRUST received $4,500 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 IBEW LOCAL 1377 ELIGIBLE 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 IBEW LOCAL 1377 ELIGIBLE FORD RETIREES VEBA TRUST falls between the 25th percentile and the median. In 2024, the highest total compensation at THE IBEW LOCAL 1377 ELIGIBLE FORD RETIREES VEBA TRUST equaled 0.2% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are THE IBEW LOCAL 1377 ELIGIBLE FORD RETIREES VEBA TRUST's revenue and expenses?

In 2024, THE IBEW LOCAL 1377 ELIGIBLE FORD RETIREES VEBA TRUST reported $1.4M in total revenue and $2M in total expenses on its IRS Form 990.

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