1199 National Benefit Fund For Hospital & Human Service Employees
1199 National Benefit Fund manages over $3 billion in revenue with zero reported officer compensation.
EIN: 131628401 · New York, NY · NTEE: Y43 · Updated: 2026-03-28
Is 1199 National Benefit Fund For Hospital & Human Service Employees Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
1199 National Benefit Fund For Hospital & Human Service Employees directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About 1199 National Benefit Fund For Hospital & Human Service Employees
1199 National Benefit Fund For Hospital & Human Service Employees (EIN: 131628401) is a nonprofit organization based in New York, NY, classified under NTEE code Y43. The organization reported total revenue of $3.2B and total assets of $1.6B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 1199 National Benefit Fund For Hospital & Human Service Employees's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
1199 National Benefit Fund For Hospital & Human Service Employees is a major nonprofit that has been operating for 24 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1B |
| Total Expenses | $2.1B |
| Surplus / Deficit | +$16.7M |
| Total Assets | $1.2B |
| Total Liabilities | $1.0B |
| Net Assets | $162.4M |
| Operating Margin | 0.8% |
| Debt-to-Asset Ratio | 86.2% |
| Months of Reserves | 6.9 months |
Financial Health Grade: A
In 2022, 1199 National Benefit Fund For Hospital & Human Service Employees reported a surplus of $16.7M with revenue exceeding expenses, holds 6.9 months of operating reserves (strong position), has a debt-to-asset ratio of 86.2% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), 1199 National Benefit Fund For Hospital & Human Service Employees's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +0.4% | +2.6% | +91.6% |
| 2021 | +9.9% | +7.5% | +3.6% |
| 2020 | +7.4% | -3.6% | +0.6% |
| 2019 | +11.5% | +11.5% | -17.0% |
| 2018 | -4.7% | +8.3% | -17.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates 1199 National Benefit Fund For Hospital & Human Service Employees with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, 1199 National Benefit Fund For Hospital & Human Service Employees allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $16.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 86.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation directly from the organization, which is highly unusual for an entity of this size and revenue, suggesting a strong commitment to directing funds to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for 1199 National Benefit Fund For Hospital & Human Service Employees:
- Exceptional financial growth and stability, with revenue increasing from $1.44 billion in 2013 to over $3.18 billion in the latest period.
- Robust asset base, growing from $781 million in 2013 to over $1.58 billion, providing strong long-term financial security.
- Zero reported officer compensation across all filings, demonstrating a strong commitment to directing funds to beneficiaries.
- Consistent positive net assets, indicating sound financial management and solvency.
- High transparency with a long history of IRS 990 filings.
Frequently Asked Questions about 1199 National Benefit Fund For Hospital & Human Service Employees
Is 1199 National Benefit Fund For Hospital & Human Service Employees a legitimate charity?
Based on AI analysis of IRS 990 filings, 1199 National Benefit Fund For Hospital & Human Service Employees (EIN: 131628401) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does 1199 National Benefit Fund For Hospital & Human Service Employees spend its money?
1199 National Benefit Fund For Hospital & Human Service Employees directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to 1199 National Benefit Fund For Hospital & Human Service Employees tax-deductible?
1199 National Benefit Fund For Hospital & Human Service Employees is registered as a tax-exempt nonprofit (EIN: 131628401). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is 1199 National Benefit Fund For Hospital & Human Service Employees a good charity?
Based on the provided financial data, the 1199 National Benefit Fund appears to be a very well-managed and efficient organization. It consistently generates substantial revenue, maintains a healthy asset base, and notably reports 0% officer compensation, suggesting a strong dedication to its mission.
How has the organization's financial health changed over time?
The organization has shown significant financial growth and stability over the past decade. Revenue has increased from $1.44 billion in 2013 to over $3.18 billion in the latest period, and assets have grown from $781 million to over $1.58 billion, indicating robust expansion and financial health.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, which is an exceptional level of financial transparency and a strong indicator that funds are not being diverted to high executive salaries.
Filing History
IRS 990 filing history for 1199 National Benefit Fund For Hospital & Human Service Employees showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), 1199 National Benefit Fund For Hospital & Human Service Employees's revenue has grown by 52.1%, moving from $1.4B to $2.1B. Total assets increased by 105.7% over the same period, from $571.3M to $1.2B. Total functional expenses rose by 60.7%, from $1.3B to $2.1B. In its most recent filing year (2022), 1199 National Benefit Fund For Hospital & Human Service Employees reported a surplus of $16.7M, with revenue exceeding expenses. The organization holds $1.0B in liabilities against $1.2B in assets (debt-to-asset ratio: 86.2%), resulting in net assets of $162.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $2.1B | $2.1B | $1.2B | $1.0B | — | View 990 |
| 2021 | $2.1B | $2.0B | $613.5M | $480.8M | — | View 990 |
| 2020 | $1.9B | $1.9B | $592.4M | $508.5M | — | View 990 |
| 2019 | $1.7B | $1.9B | $589.2M | $459.5M | — | — |
| 2018 | $1.6B | $1.7B | $709.6M | $381.6M | — | View 990 |
| 2017 | $1.6B | $1.6B | $859.0M | $301.6M | — | View 990 |
| 2016 | $1.6B | $1.6B | $790.5M | $292.5M | — | View 990 |
| 2015 | $1.4B | $1.5B | $839.9M | $321.1M | — | View 990 |
| 2014 | $1.6B | $1.4B | $901.8M | $332.1M | — | View 990 |
| 2013 | $1.4B | $1.4B | $781.1M | $376.4M | — | View 990 |
| 2012 | $1.4B | $1.4B | $619.3M | $291.7M | — | View 990 |
| 2011 | $1.4B | $1.3B | $571.3M | $292.1M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $2.1B, expenses of $2.1B, and assets of $1.2B (revenue +0.4% year-over-year).
- 2021: Revenue of $2.1B, expenses of $2.0B, and assets of $613.5M (revenue +9.9% year-over-year).
- 2020: Revenue of $1.9B, expenses of $1.9B, and assets of $592.4M (revenue +7.4% year-over-year).
- 2019: Revenue of $1.7B, expenses of $1.9B, and assets of $589.2M (revenue +11.5% year-over-year).
- 2018: Revenue of $1.6B, expenses of $1.7B, and assets of $709.6M (revenue -4.7% year-over-year).
- 2017: Revenue of $1.6B, expenses of $1.6B, and assets of $859.0M (revenue +5.6% year-over-year).
- 2016: Revenue of $1.6B, expenses of $1.6B, and assets of $790.5M (revenue +7.8% year-over-year).
- 2015: Revenue of $1.4B, expenses of $1.5B, and assets of $839.9M (revenue -7.7% year-over-year).
- 2014: Revenue of $1.6B, expenses of $1.4B, and assets of $901.8M (revenue +8.4% year-over-year).
- 2013: Revenue of $1.4B, expenses of $1.4B, and assets of $781.1M (revenue +2.6% year-over-year).
- 2012: Revenue of $1.4B, expenses of $1.4B, and assets of $619.3M (revenue +3.5% year-over-year).
- 2011: Revenue of $1.4B, expenses of $1.3B, and assets of $571.3M.
Data Sources and Methodology
This transparency report for 1199 National Benefit Fund For Hospital & Human Service Employees is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.