Seiu Healthcare Nw Health Benefits Trust
Only null% goes to programs Strong reserves Growing revenue
Seiu Healthcare Nw Health Benefits Trust is a 501(c)(9) organization based in Seattle, Washington, registered in 2007, with $375,427,616 in FY2023 revenue. CharityIndex grades it A.
215 Columbia St Ste 300, Seattle, WA, 98104 EIN 20-1842198 Since 2007
Revenue (FY2023)
$375.4M
▲ 20.9% vs prior year
Membership median: $185K
Expenses (FY2023)
$341.4M
Net assets
$383.0M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Seiu Healthcare Nw Health Benefits Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating13 mo reserves · +9% margin
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 Seiu Healthcare Nw Health Benefits Trust: 13 mo reserves · +9% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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 Seiu Healthcare Nw Health Benefits Trust: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
BTransparency10% of the rating3 of 5 disclosure signals
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 Seiu Healthcare Nw Health Benefits Trust: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
To provide health and welfare benefits to eligible participants and their dependents.
Contact & location
- Address
- 215 Columbia St Ste 300, Seattle, WA, 98104
- City
- Seattle
- State
- Washington
- Category
- Mutual & Membership Benefit
- Subcategory
- Fraternal Societies
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $149.9M (FY2013) to $375.4M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $96.5MNet assets $383.0M
Operating margin
9.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$479.5M
Total liabilities
$96.5M
Net assets
$383.0M
Salaries & benefits
$0
0% of expenses
Board members
12
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $375,427,616▲20.9% | $341,402,459▲1.0% | $382,950,884▲12.3% | $479,464,520▲12.6% | 990 |
| 2022 | $310,570,082▼1.1% | $338,005,751▲23.5% | $340,925,762▲1.5% | $425,803,449▲16.2% | 990 |
| 2021 | $313,981,321▲8.0% | $273,584,346▲6.8% | $335,918,019▼3.5% | $366,303,429▼2.2% | 990 |
| 2020 | $290,802,827▲4.2% | $256,106,641▲11.7% | $348,063,749▲18.2% | $374,711,079▲18.1% | 990 |
| 2019 | $279,209,141▲8.1% | $229,322,768▲8.5% | $294,392,894▲22.0% | $317,269,793▲20.6% | 990 |
| 2018 | $258,351,358▲7.9% | $211,267,262▲10.6% | $241,327,232▲29.1% | $263,161,300▲27.2% | 990 |
| 2017 | $239,391,455▲25.9% | $191,039,265▲45.5% | $186,867,423▲85.9% | $206,933,030▲104% | 990 |
| 2015 | $190,079,616▲12.7% | $131,308,934▼14.4% | $100,540,754▲141% | $101,666,349▲140% | 990 |
| 2014 | $168,660,785▲12.5% | $153,358,786▲2.4% | $41,770,072▲57.8% | $42,304,399▲41.9% | 990 |
| 2013 | $149,889,337 | $149,743,289▲13.5% | $26,468,073▲0.6% | $29,820,194▲5.5% | 990 |
| 2012 | — | $131,948,092▲11.3% | $26,322,025▼18.7% | $28,254,268▼16.8% | 990 |
| 2011 | — | $118,517,221▲12.3% | $32,394,972▲228% | $33,951,255▲18.4% | 990 |
| 2010 | — | $105,545,630▼1.2% | $9,881,942▲473% | $28,675,969▲11.6% | 990 |
| 2009 | — | $106,790,536 | $1,723,860 | $25,698,231 | 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.
Leadership & compensation (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Adam Glickman | Trustee | 1 | — |
| Aileen Pick | Trustee | 1 | — |
| Brittany Williams | Trustee | 1 | — |
| Danielle Rice | Trustee | 1 | — |
| Eric Erickson | Trustee | 1 | — |
| Gina Denton | Trustee | 1 | — |
| Lou Mcdermott | Vice Chair | 1 | — |
| Mark Robinson | Secretary | 1 | — |
| Shaine Truscott | Trustee | 1 | — |
| Sterling Harders | Chair | 1 | — |
| Steven Hill | Trustee | 1 | — |
| Tangie Webb | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Kaiser of Washington | Claims Processing | $15,450,655 |
| Seiu Benefits Group | Administration | $8,935,763 |
| Magnacare | Administration | $6,681,798 |
| Aetna | Claims Processing | $1,659,356 |
| Delta Dental | Claims Processing | $718,246 |
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Compare Seiu Healthcare Nw Health Benefits Trust
Frequently asked questions
- Is Seiu Healthcare Nw Health Benefits Trust a legitimate nonprofit?
- Yes. Seiu Healthcare Nw Health Benefits Trust is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 20-1842198, based in Seattle, Washington.
- What is Seiu Healthcare Nw Health Benefits Trust's EIN?
- Seiu Healthcare Nw Health Benefits Trust's Employer Identification Number (EIN) is 20-1842198.
- How much revenue does Seiu Healthcare Nw Health Benefits Trust report?
- Seiu Healthcare Nw Health Benefits Trust reported $375,427,616 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Seiu Healthcare Nw Health Benefits Trust have?
- CharityIndex grades Seiu Healthcare Nw Health Benefits Trust A, based on financial health (reserves and operating margin).
- How much does Seiu Healthcare Nw Health Benefits Trust's highest-paid employee make?
- The highest reported compensation on Seiu Healthcare Nw Health Benefits Trust's latest Form 990 is $0, paid to Adam Glickman (Trustee).
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Data for Seiu Healthcare Nw Health Benefits Trust (EIN 20-1842198) 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.