Mission
THE PURPOSE OF THE PLAN IS TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.
HEAVY & GENERAL LABORERS LOCAL 472 & LOCAL 172 OF NEW JERSEY WELFARE FUND is a Public Charity headquartered in NEWARK, NJ. Financial data from the 2025 filing: $265.5M revenue, $243.9M expenses, $367.8M total assets.
THE PURPOSE OF THE PLAN IS TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $265.5M | $243.9M | $367.8M |
| 2024 | $240.9M | $230.6M | $350.2M |
| 2023 | $226.6M | $215.7M | $320.0M |
| 2022 | $218.6M | $204.4M | $313.4M |
| 2021 | $206.5M | $186.1M | $303.3M |
Between 2021 and 2025, reported annual revenue grew from $206.5M to $265.5M (+29%), with total assets most recently reported at $367.8M.
Interactive year-over-year charts and full filing details available with membership.