Seiu Healthcare NW Health Benefits Trust

Seattle, Washington

B+Health Score
68B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 75 peers in Mutual & Membership Benefit with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.01×
Peer Median0.49×
💰
$310.6M
Total Revenue
📊
$338.0M
Total Expenses
🏦
$340.9M
Net Assets
📋
$84.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.1%
Year-over-year change (2022 → 2023)
Net Margin
-8.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.01
Net assets divided by total expenses
Liabilities-to-Assets
19.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$310,570,0821%$338,005,75124%$425,803,44916%
2022$313,981,3218%$273,584,3467%$366,303,4292%
2021$290,802,8274%$256,106,64112%$374,711,07918%
2020$279,209,1418%$229,322,7689%$317,269,79321%
2019$258,351,3588%$211,267,26211%$263,161,30027%
2018$239,391,45518%$191,039,26518%$206,933,03031%
2017$203,533,5197%$162,330,45124%$158,175,83356%
2016$190,079,61613%$131,308,93414%$101,666,349140%
2015$168,660,78513%$153,358,7862%$42,304,39942%
2014$149,889,33719%$149,743,28913%$29,820,1946%
2013$125,875,1451%$131,948,09211%$28,254,26817%
2012$124,576,25110%$118,517,22112%$33,951,25518%
2011$113,703,712$105,545,630$28,675,969

Frequently Asked Questions

What does Seiu Healthcare NW Health Benefits Trust do?

Seiu Healthcare NW Health Benefits Trust is a mutual & membership benefit nonprofit organization based in Washington. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Seiu Healthcare NW Health Benefits Trust financially healthy?

Based on our 9-metric Financial Health Score model, Seiu Healthcare NW Health Benefits Trust has a score of 68/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Seiu Healthcare NW Health Benefits Trust generate?

Seiu Healthcare NW Health Benefits Trust reports $375.4M in annual revenue and holds $479.5M in total assets, based on IRS filings.

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