Central States Southeast & Southwest Areas Health & Welfare F is a 501(c)(9) organization based in Chicago, Illinois, registered in 1959, with $5,468,051,502 in FY2024 revenue.
Revenue (FY2024)
$5.5B
▲ 9.1% vs prior year
Expenses (FY2024)
$4.3B
Net assets
$13.1B
Employees
769
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Central States Southeast & Southwest Areas Health & Welfare F— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Central States Southeast & Southwest Areas Health & Welfare F: 37 mo reserves · +22% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Central States Southeast & Southwest Areas Health & Welfare F: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Central States Southeast & Southwest Areas Health & Welfare F: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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To provide health and welfare benefits to participants.
Revenue grew from $1.3B (FY2013) to $5.5B (FY2024) across 12 reported years.
Financial snapshot
Operating margin
21.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$16.6B
Total liabilities
$3.5B
Net assets
$13.1B
Salaries & benefits
$91.4M
2% of expenses
Board members
8
8 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $5,468,051,502▲9.1% | $4,289,964,572▲5.5% | $13,089,045,251▲12.3% | $16,587,695,170▲16.8% | 990 |
| 2023 | $5,014,226,146▼2.5% | $4,065,776,749▲2.7% | $11,654,008,480▲17.3% | $14,196,797,261▲17.8% | 990 |
| 2022 | $5,140,839,263▲4.2% | $3,959,080,132▼1.0% | $9,936,266,956▲1.4% | $12,055,420,607▼4.8% | 990 |
| 2021 | $4,933,257,563▲7.8% | $3,999,604,519▲15.8% | $9,801,351,488▲11.4% | $12,662,605,531▲14.0% | 990 |
| 2020 | $4,577,481,751▲9.5% | $3,453,542,271▼0.2% | $8,797,046,167▲18.1% | $11,108,065,700▲18.0% | 990 |
| 2019 | $4,178,522,311▲10.3% | $3,459,244,118▲9.4% | $7,449,814,607▲17.8% | $9,414,127,424▲18.0% | 990 |
| 2018 | $3,789,637,615▲5.4% | $3,163,373,095▲9.4% | $6,323,689,488▲6.7% | $7,981,113,921▲2.4% | 990 |
| 2017 | $3,596,405,229▲4.2% | $2,891,647,137▲3.6% | $5,927,064,797▲17.4% | $7,797,582,703▲12.9% | 990 |
| 2016 | $3,452,950,120▲7.8% | $2,791,774,302▲8.4% | $5,050,226,374▲17.0% | $6,909,252,015▲22.9% | 990 |
| 2015 | $3,203,953,559▼10.1% | $2,575,896,601▲40.8% | $4,316,067,525▲13.0% | $5,623,619,230▲17.2% | 990 |
| 2014 | $3,564,353,877▲166% | $1,830,079,594▲52.9% | $3,819,741,329▲89.4% | $4,796,650,552▲95.6% | 990 |
| 2013 | $1,341,721,951 | $1,196,688,299▲2.4% | $2,017,072,408▲12.2% | $2,452,351,917▲2.1% | 990 |
| 2012 | — | $1,168,293,022▲4.9% | $1,798,516,313▲9.4% | $2,401,598,183▲9.3% | 990 |
| 2011 | — | $1,113,367,541▲8.9% | $1,644,681,587▲10.0% | $2,196,418,521▲6.7% | 990 |
| 2010 | — | $1,022,118,228 | $1,495,430,570 | $2,057,649,322 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Thomas C Nyhan — $593,682 (0.01% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Thomas C Nyhan | Executive Director | 39 | $593,682 |
| John J Franczyk Jr | General Counsel | 36 | $313,576 |
| Robert Coco | Deputy Chief Counsel; Secretary To Board | 36 | $303,830 |
| Steven Van Rossem | Senior Director, Teamcare | 36 | $250,275 |
| Peter Priede | Senior Director, Employer Svcs/pension/finance | 36 | $224,526 |
| Carl E Snyder | Chief Technology Officer | 37 | $223,402 |
| James P Eder | Group Director, Chief Information Officer | 36 | $201,828 |
| Brad Berliner | Deputy General Counsel | 31 | $198,529 |
| Charles Lee | Deputy General Counsel | 31 | $187,621 |
| Timothy C Reuter | Deputy General Counsel | 31 | $169,771 |
| Albert M Madden | Senior Deputy General Counsel | 31 | $166,276 |
| Gary Dunham | Trustee | 10 | $21,252 |
| Mark F Angerame | Trustee | 10 | $21,252 |
| Trevor Lawrence | Trustee | 10 | $15,939 |
| Charles A Whobrey | Trustee | 10 | $3,542 |
| Christopher J Langan | Trustee | 20 | — |
| Gary F Caldwell | Trustee | 10 | — |
| Joseph Gronek | Trustee | 10 | — |
| Robert Whitaker | Trustee | 10 | — |
| Contractor | Services | Paid |
|---|---|---|
| Blue Cross Blue Shield of Illinois | Administration | $69,669,141 |
| Humana Dental Insurance Company | Administration | $13,114,007 |
| Conifer Value-based Care LLC | Administration | $13,008,898 |
| Caremark LLC | Administration | $5,286,276 |
| The Bank of New York Mellon | Investment Services | $3,078,896 |
Explore more
Data for Central States Southeast & Southwest Areas Health & Welfare F (EIN 36-2154936) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.