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Filing year 2023

UNITED FEDERATION OF TEACHERS WELFARE FUND

New York, New York·EIN 13-2547675·501(c)(9)
Total revenue
$435.8M
Total assets
$1.1B
Total expenses
$403.7M
Reported officers
12
Mission

THE FUND'S PRIMARY MISSION IS TO PROVIDE SUPPLEMENTARY WELFARE BENEFITS TO ELIGIBLE EMPLOYEES AND RETIREES AND FOR THE ADDITIONAL PURPOSE OF MAKING AVAILABLE COLLEGE SCHOLARSHIPS FOR CHILDREN FROM LOW INCOME FAMILIES WHO HAVE GRADUATED FROM THE CITY'S PUBLIC SCHOOLS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2023

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

Fund Comptroller
Controller
Above 90th percentile
$312k
$351k
Base
$219k
Bonus
Other
Benefits
$39k
Executive Director
75th to 90th percentile
$293k
$329k
Base
$234k
Bonus
Other
Benefits
Associate Comptroller
Controller
Above 90th percentile
$290k
$326k
Base
$194k
Bonus
Other
$9k
Benefits
$39k
Chief Technology Officer
Highest Compensated Employee
75th to 90th percentile
$289k
$324k
Base
$200k
Bonus
Other
Benefits
$39k
Director of Information Sy
Highest Compensated Employee
75th to 90th percentile
$269k
$302k
Base
$179k
Bonus
Other
$7k
Benefits
$39k
Assistant Director
Highest Compensated Employee
75th to 90th percentile
$239k
$269k
Base
$183k
Bonus
Other
Benefits
$13k
Assistant Director
Highest Compensated Employee
75th to 90th percentile
$238k
$267k
Base
$190k
Bonus
Other
Benefits
Trustee
Board Member
75th to 90th percentile
$72k
$80k
Trustee
Board Member
Median to 75th percentile
$48k
$54k
Trustee
Board Member
Median to 75th percentile
$20k
$23k
Trustee
Board Member
Median to 75th percentile
$19k
$21k

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 1 unpaid individual.

Up 5%
from 2022

From $297k in 2022 to $312k in 2023.

$297k
2022
$312k
2023
In today's dollarsEst.
Up 1% in real terms$346k to $351k

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 rose 5% from 2022 to 2023, while revenue rose 6%.

$297k in 2022 to $312k in 2023.
  • Chief Executive Officer pay rose 13% from 2022 to 2023.
  • Highest Compensated Employee pay rose 10% from 2022 to 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

UNITED FEDERATION OF TEACHERS WELFARE FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$411.9M
$352.9M
2022
$435.8M
$403.7M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about UNITED FEDERATION OF TEACHERS WELFARE FUND

What does the Controller of UNITED FEDERATION OF TEACHERS WELFARE FUND earn?

In 2023, the Controller of UNITED FEDERATION OF TEACHERS WELFARE FUND received $312,353 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 UNITED FEDERATION OF TEACHERS WELFARE FUND compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Controller at UNITED FEDERATION OF TEACHERS WELFARE FUND falls in the top 10%.

What are UNITED FEDERATION OF TEACHERS WELFARE FUND's revenue and expenses?

In 2023, UNITED FEDERATION OF TEACHERS WELFARE FUND reported $435.8M in total revenue and $403.7M in total expenses on its IRS Form 990.

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