Ibew #654 H & W Fund Trustees

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

7 people listed

JEFFREY SCARPELLO ESQ (MANAGEMENT TRUSTEE): $723,574 total reported compensation
PAUL MULLEN (UNION TRUSTEE): $312,736 total reported compensation
WILLIAM ADAMS (UNION TRUSTEE): $277,368 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

To provide life insurance, accidental death and dismemberment, hospitalization, medical-surgical, major medical and dental benefits to members.

Revenue model: Earned-program. 92% of the money available for current operations came from fees and other program revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 42.9%; rating input score 43; 7th percentile among comparable filings
Governance controls: 4 of 9 controls in place; rating input score 57
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Limited
- Other executive compensation review process: Limited
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Operating margin: 22.6%; rating input score 78; 78th percentile among comparable filings
Total-asset coverage ratio: 3.38; rating input score 70; 70th percentile among comparable filings
Liabilities to assets ratio: 0.01; rating input score 90; 90th percentile among comparable filings
Officer compensation ratio: 3.9%; rating input score 65; 65th percentile among comparable filings

Program expense growth: Limited
Revenue growth: 3.9% per year; rating input score 100; 31st percentile among comparable filings
Asset growth: 11% per year; rating input score 100; 71st percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 3 of 7 board members independent · 4 of 9 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $724K · 7 people listed · 0 of 6 pay-setting controls reported
Highest-paid contractors: 1 contractor listed · $210K reported
Consistency: 11 of 11 current checks pass
Schedules: 4 filed schedules · includes executive pay
Filing history: 16 filing years from 2010 to 2025
Contacts: How to reach this organization
Related organizations: 4 filed related-organization links
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.
Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Signals prioritize questions for review. They are not findings of misconduct.