1199 Seiu Labor Management Initiatives Inc
1199 Seiu Labor Management Initiatives Inc shows consistent revenue growth and no reported officer compensation.
EIN: 133800331 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $54.0M |
| Total Expenses | $39.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $53,988,205. |
| Net Assets | $11.0M |
| Transparency Score | 85/100 |
Is 1199 Seiu Labor Management Initiatives Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
1199 Seiu Labor Management Initiatives Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About 1199 Seiu Labor Management Initiatives Inc
1199 Seiu Labor Management Initiatives Inc (EIN: 133800331) is a nonprofit organization based in New York, NY. The organization reported total revenue of $54.0M and total assets of $35.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 1199 Seiu Labor Management Initiatives Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
1199 Seiu Labor Management Initiatives Inc is a major nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $42.3M |
| Total Expenses | $39.1M |
| Surplus / Deficit | +$3.2M |
| Total Assets | $20.0M |
| Total Liabilities | $9.0M |
| Net Assets | $11.0M |
| Operating Margin | 7.7% |
| Debt-to-Asset Ratio | 44.8% |
| Months of Reserves | 6.1 months |
Financial Health Grade: A
In 2023, 1199 Seiu Labor Management Initiatives Inc reported a surplus of $3.2M with revenue exceeding expenses, holds 6.1 months of operating reserves (strong position), has a debt-to-asset ratio of 44.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), 1199 Seiu Labor Management Initiatives Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +33.6% | +38.6% | +21.6% |
| 2022 | +70.0% | +6.3% | +72.8% |
| 2021 | -50.4% | -9.7% | -45.0% |
| 2020 | +23.3% | +6.3% | +92.9% |
| 2019 | +39.9% | +2.7% | +10.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Seiu Labor Management Initiatives Inc with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, 1199 Seiu Labor Management Initiatives Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 44.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a strong dedication to allocating financial resources directly to its programs and operations rather than executive remuneration, which is highly favorable for a nonprofit of its size with latest revenue of $53,988,205.
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.
Red Flags
The following concerns were identified during AI analysis of 1199 Seiu Labor Management Initiatives Inc's IRS 990 filings:
- NTEE Code is unknown, limiting clear understanding of mission category.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data prevents precise efficiency analysis.
Strengths
The following positive indicators were identified for 1199 Seiu Labor Management Initiatives Inc:
- Consistent revenue growth, from $18.6M in 2021 to $42.3M in 2023, indicating expanding operations.
- No reported officer compensation across all filings, suggesting high dedication to mission spending.
- Strong asset growth, from $9.5M in 2021 to $20M in 2023, enhancing financial stability.
- Consistent IRS 990 filing history (13 filings), demonstrating commitment to transparency and compliance.
- Positive net assets, with assets significantly exceeding liabilities ($20M vs $8.9M in 2023).
Frequently Asked Questions about 1199 Seiu Labor Management Initiatives Inc
Is 1199 Seiu Labor Management Initiatives Inc a legitimate charity?
1199 Seiu Labor Management Initiatives Inc (EIN: 133800331) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $54.0M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does 1199 Seiu Labor Management Initiatives Inc spend its money?
1199 Seiu Labor Management Initiatives Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to 1199 Seiu Labor Management Initiatives Inc tax-deductible?
1199 Seiu Labor Management Initiatives Inc is registered as a tax-exempt nonprofit (EIN: 133800331). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the 1199 Seiu Labor Management Initiatives Inc CEO make?
1199 Seiu Labor Management Initiatives Inc's highest-compensated officer earns $53,988,205. annually. The organization reported $54.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of 1199 Seiu Labor Management Initiatives Inc's spending goes to programs?
1199 Seiu Labor Management Initiatives Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is 1199 Seiu Labor Management Initiatives Inc located?
1199 Seiu Labor Management Initiatives Inc is headquartered in New York, New York and files with the IRS under EIN 133800331.
How many years of IRS 990 filings does 1199 Seiu Labor Management Initiatives Inc have?
1199 Seiu Labor Management Initiatives Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $54.0M in total revenue.
Is 1199 Seiu Labor Management Initiatives Inc a good charity?
Based on the available financial data, the organization demonstrates strong financial health with consistent revenue growth and no reported officer compensation, suggesting efficient use of funds. However, a detailed breakdown of program vs. administrative spending would provide a more complete picture of its effectiveness.
How has the organization's revenue changed over time?
The organization has experienced significant revenue growth, increasing from $18,632,453 in 2021 to $42,313,621 in 2023, and its latest reported revenue is $53,988,205. This indicates a substantial expansion in its financial capacity.
What is the trend in the organization's assets and liabilities?
Assets have shown a positive trend, growing from $9,531,850 in 2021 to $20,020,007 in 2023, with latest assets at $35,378,656. Liabilities have also increased, from $5,211,469 in 2021 to $8,970,706 in 2023, but remain at a manageable level relative to assets.
Filing History
IRS 990 filing history for 1199 Seiu Labor Management Initiatives Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), 1199 Seiu Labor Management Initiatives Inc's revenue has grown by 85.5%, moving from $22.8M to $42.3M. Total assets increased by 21.4% over the same period, from $16.5M to $20.0M. Total functional expenses rose by 87.5%, from $20.8M to $39.1M. In its most recent filing year (2023), 1199 Seiu Labor Management Initiatives Inc reported a surplus of $3.2M, with revenue exceeding expenses. The organization holds $9.0M in liabilities against $20.0M in assets (debt-to-asset ratio: 44.8%), resulting in net assets of $11.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $42.3M | $39.1M | $20.0M | $9.0M | — | — |
| 2022 | $31.7M | $28.2M | $16.5M | $8.7M | — | View 990 |
| 2021 | $18.6M | $26.5M | $9.5M | $5.2M | — | View 990 |
| 2020 | $37.6M | $29.4M | $17.3M | $5.1M | — | View 990 |
| 2019 | $30.5M | $27.6M | $9.0M | $5.0M | — | — |
| 2018 | $21.8M | $26.9M | $8.1M | $7.0M | — | View 990 |
| 2017 | $28.8M | $28.4M | $11.7M | $5.4M | — | View 990 |
| 2016 | $13.3M | $22.8M | $10.4M | $4.6M | — | View 990 |
| 2015 | $33.3M | $25.0M | $17.5M | $2.1M | — | View 990 |
| 2014 | $19.0M | $19.7M | $8.9M | $1.9M | — | View 990 |
| 2013 | $12.2M | $22.5M | $10.4M | $2.5M | — | View 990 |
| 2012 | $18.5M | $15.3M | $20.3M | $2.2M | — | View 990 |
| 2011 | $22.8M | $20.8M | $16.5M | $1.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $42.3M, expenses of $39.1M, and assets of $20.0M (revenue +33.6% year-over-year).
- 2022: Revenue of $31.7M, expenses of $28.2M, and assets of $16.5M (revenue +70.0% year-over-year).
- 2021: Revenue of $18.6M, expenses of $26.5M, and assets of $9.5M (revenue -50.4% year-over-year).
- 2020: Revenue of $37.6M, expenses of $29.4M, and assets of $17.3M (revenue +23.3% year-over-year).
- 2019: Revenue of $30.5M, expenses of $27.6M, and assets of $9.0M (revenue +39.9% year-over-year).
- 2018: Revenue of $21.8M, expenses of $26.9M, and assets of $8.1M (revenue -24.2% year-over-year).
- 2017: Revenue of $28.8M, expenses of $28.4M, and assets of $11.7M (revenue +116.4% year-over-year).
- 2016: Revenue of $13.3M, expenses of $22.8M, and assets of $10.4M (revenue -60.1% year-over-year).
- 2015: Revenue of $33.3M, expenses of $25.0M, and assets of $17.5M (revenue +75.8% year-over-year).
- 2014: Revenue of $19.0M, expenses of $19.7M, and assets of $8.9M (revenue +55.5% year-over-year).
- 2013: Revenue of $12.2M, expenses of $22.5M, and assets of $10.4M (revenue -34.3% year-over-year).
- 2012: Revenue of $18.5M, expenses of $15.3M, and assets of $20.3M (revenue -18.7% year-over-year).
- 2011: Revenue of $22.8M, expenses of $20.8M, and assets of $16.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 1199 Seiu Labor Management Initiatives Inc:
Data Sources and Methodology
This transparency report for 1199 Seiu Labor Management Initiatives Inc 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.