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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 National IAM Benefit Trust Fund

National IAM Benefit Trust Fund

Fiscal year ending 2023. Filed on November 6, 2024.

99 M Street SE 600
West
Washington, District of Columbia 20003

National IAM Benefit Trust Fund (EIN: 36-6562520) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2023 IRS Form 990 filing, National IAM Benefit Trust Fund, a 501(c)(9) voluntary employees' beneficiary association, reported compensation for 6 out of 23 total employees. Among the employees shown here, the average compensation is $378,607. The highest compensated employee at National IAM Benefit Trust Fund is Steven M Galloway with fiscal year 2023 compensation of $644,112.

Revenue, expenses, and employee compensation

Revenue

$125,418,328

Expenses

$136,216,516

Employee compensation

$2,491,881
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Steven M Galloway
Union Trustee
$644,112
$0 $531,265 $112,847
Rickey Wallace
Union Trustee
$556,767
$0 $474,713 $82,054
Dora Cervantes
Union Trustee/Co-Chair
$430,639
$0 $310,915 $119,724
James Tierney
Executive Director (P)
$307,436
$29,615 $247,818 $30,003
Yolanda D Montgomery
Executive Director
$168,793
$0 $145,032 $23,761
Karen Brown
Operations Director
$163,893
$140,694 No related comp$23,199

Benchmark Employee Compensation

Non-Employee Board Members

Amy Kehoe
Employer Trustee
Craig Martin
Union Trustee
Marie Underwood
Employer Trustee
Thomas Mitchell
Co-Chair and Employer Trustee

Contractors

Vitech Systems Group
Benefit and Admin Software
$5,740,225
Cigna
Claims Processing
$4,382,207
Linea Solutions
Consulting
$1,227,865
Delta Dental
Claims Processing
$355,286
Caremark LLC
Claims Processing
$339,002

Mission Statement

TO PROVIDE HEALTH, WELFARE, VISION AND DENTAL BENEFITS TO ELIGIBILE PARTICIPANTS AND THEIR DEPENDENTS ESTABLISHED UNDER A COLLECTIVE BARGAINING AGREEMENT BETWEEN VARIOUS EMPLOYERS AND THE INTERNATIONAL ASSOCIATION OF MACHINISTS AND AEROSPACE WORKERS, AFL-CIO AND AFFILIATED IAM LOCAL AND IAM DISTRICT LODGES.

Revisions to this organization profile

November 14, 2025:
2024 National IAM Benefit Trust Fund 990 filed
November 6, 2024:
2023 National IAM Benefit Trust Fund 990 filed
November 13, 2023:
2022 National IAM Benefit Trust Fund 990 filed

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