Is United Employees Health Plans Legit?

Quick charity verification for United Employees Health Plans (EIN: 203244794)

Verdict: United Employees Health Plans appears trustworthy

80/100Mission Score
$14.9MRevenue
$5.1MAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

United Employees Health Plans demonstrates a generally stable financial position, though with some fluctuations in revenue and expenses over the past decade. In 2022, the organization reported revenue of $8,453,586 against expenses of $8,308,916, indicating a slight surplus. However, there was a significant dip in revenue in 2021 to $32,445, which is an anomaly compared to its typical multi-million dollar revenue streams, suggesting a potential reporting or operational change in that specific year. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. While the NTEE code Y43 (Insurance Providers) suggests a focus on health plans, a detailed breakdown of program spending versus administrative and fundraising costs would provide a clearer picture of its spending efficiency. The organization's assets have fluctuated, reaching a high of $7,795,814 in 2017 and currently standing at $5,087,192, indicating a healthy asset base relative to its annual expenses.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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