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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Mutual & Membership Benefit IBEW Local 269 Welfare Fund

IBEW Local 269 Welfare Fund

Fiscal year ending 2024. Filed on November 15, 2025.

830 Bear Tavern Road
West Trenton, New Jersey 08628

IBEW Local 269 Welfare Fund (EIN: 22-3693537) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, IBEW Local 269 Welfare Fund, a 501(c)(9) voluntary employees' beneficiary association, reported compensation for 3 employees. Among the employees shown here, the average compensation is $365,689. The highest compensated employee at IBEW Local 269 Welfare Fund is Stephen M Aldrich with fiscal year 2024 compensation of $395,059.

Revenue, expenses, and employee compensation

Revenue

$31,470,152

Expenses

$27,032,346

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Stephen M Aldrich
Trustee
$395,059
$0 $279,513 $115,546
Gino A Pasqualone
Trustee
$354,747
$0 $247,247 $107,500
Wayne P Deangelo
Trustee
$347,260
$0 $247,248 $100,012

Benchmark Employee Compensation

Non-Employee Board Members

Joseph Knecht Jr
Trustee
Michael Nielsen
Trustee
Timothy Bryan Jr
Trustee

Contractors

Ie Shaffer & CO
Third Party Administrator
$474,897
Aetna Life Insurance CO
Administrative Fees
$378,097
Capital Rx
Administrative Fees
$212,077

Mission Statement

TO PROVIDE GROUP HEALTH BENEFITS FOR ELIGIBLE PARTICIPANTS.

Revisions to this organization profile

November 15, 2025:
2024 IBEW Local 269 Welfare Fund 990 filed
November 8, 2024:
2023 IBEW Local 269 Welfare Fund 990 filed
November 13, 2023:
2022 IBEW Local 269 Welfare Fund 990 filed

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