1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund
1199 Seiu League Fund consistently grows assets with zero reported officer compensation.
EIN: 133946135 · New York, NY · NTEE: Y43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $1.8M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $8,273,656. |
| Net Assets | $6.1M |
| Transparency Score | 92/100 |
Is 1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About 1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund
1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund (EIN: 133946135) is a nonprofit organization based in New York, NY, classified under NTEE code Y43. The organization reported total revenue of $3.5M and total assets of $8.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund is a mid-size nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 44.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$1.5M |
| Total Assets | $6.4M |
| Total Liabilities | $299K |
| Net Assets | $6.1M |
| Operating Margin | 46.6% |
| Debt-to-Asset Ratio | 4.7% |
| Months of Reserves | 43.9 months |
Financial Health Grade: A
In 2023, 1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund reported a surplus of $1.5M with revenue exceeding expenses, holds 43.9 months of operating reserves (strong position), has a debt-to-asset ratio of 4.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), 1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund's revenue has grown at a compound annual growth rate (CAGR) of 44.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.6% | +18.1% | +25.5% |
| 2022 | +9.7% | +1.0% | +45.7% |
| 2021 | -7.6% | -44.2% | +35.0% |
| 2020 | -1.5% | -11.2% | +14.8% |
| 2019 | +24.8% | +26.9% | +10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 League Hlth Care Industry Rn Training And Job Security Fund with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, 1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $1.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This suggests a strong commitment to directing all funds towards the organization's mission, which is highly favorable for a nonprofit of its size with current assets of $8,273,656.
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 Seiu League Hlth Care Industry Rn Training And Job Security Fund:
- Consistent asset growth: Assets increased from $2,261,633 in 2019 to $6,410,870 in 2023.
- Zero reported officer compensation across all filings, indicating high efficiency and mission focus.
- Strong financial surpluses in recent years, with revenue significantly exceeding expenses (e.g., $3,283,149 revenue vs. $1,753,923 expenses in 2023).
- Low liabilities relative to assets, indicating strong financial stability (e.g., $298,998 liabilities vs. $6,410,870 assets in 2023).
- Consistent revenue growth over the past five years.
Frequently Asked Questions about 1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund
Is 1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund a legitimate charity?
1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund (EIN: 133946135) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.5M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does 1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund spend its money?
1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to 1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund tax-deductible?
1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund is registered as a tax-exempt nonprofit (EIN: 133946135). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the 1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund CEO make?
1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund's highest-compensated officer earns $8,273,656. annually. The organization reported $3.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of 1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund's spending goes to programs?
1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does 1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), 1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund is above average for NTEE category Y43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is 1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund located?
1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund is headquartered in New York, New York and files with the IRS under EIN 133946135. It is classified under NTEE code Y43.
How many years of IRS 990 filings does 1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund have?
1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund 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 $3.5M in total revenue.
Is 1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund a good charity?
Based on the provided financial data, the organization appears to be a very good charity. It consistently generates surpluses, grows its assets significantly (from $2.26M in 2019 to $6.41M in 2023), and reports 0% officer compensation, indicating strong financial health and a clear focus on its mission.
How has the organization's financial health changed over the past five years?
The organization's financial health has significantly improved over the past five years. Net assets have grown substantially from $2,261,633 in 2019 to $6,410,870 in 2023, driven by revenues consistently exceeding expenses, particularly in the last three years.
What is the trend in the organization's revenue and expenses?
Revenue has shown a consistent upward trend, increasing from $2,948,258 in 2019 to $3,283,149 in 2023. Expenses have fluctuated but have generally been lower than revenue in recent years, leading to significant surpluses, especially from 2021 to 2023.
Filing History
IRS 990 filing history for 1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), 1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund's revenue has grown by 8322.4%, moving from $39K to $3.3M. Total assets increased by 51.4% over the same period, from $4.2M to $6.4M. Total functional expenses fell by 15.1%, from $2.1M to $1.8M. In its most recent filing year (2023), 1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $299K in liabilities against $6.4M in assets (debt-to-asset ratio: 4.7%), resulting in net assets of $6.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $1.8M | $6.4M | $299K | — | — |
| 2022 | $2.9M | $1.5M | $5.1M | $525K | — | View 990 |
| 2021 | $2.7M | $1.5M | $3.5M | $379K | — | View 990 |
| 2020 | $2.9M | $2.6M | $2.6M | $683K | — | View 990 |
| 2019 | $2.9M | $3.0M | $2.3M | $726K | — | — |
| 2018 | $2.4M | $2.3M | $2.1M | $545K | — | View 990 |
| 2017 | $2.1M | $2.6M | $2.0M | $422K | — | View 990 |
| 2016 | $1.9M | $2.6M | $2.5M | $437K | — | View 990 |
| 2015 | $1.8M | $2.5M | $3.0M | $218K | — | View 990 |
| 2014 | $1.6M | $2.1M | $3.8M | $254K | — | View 990 |
| 2013 | $5.8M | $2.6M | $4.7M | $714K | — | View 990 |
| 2012 | $499K | $1.8M | $1.3M | $529K | — | View 990 |
| 2011 | $39K | $2.1M | $4.2M | $2.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $1.8M, and assets of $6.4M (revenue +11.6% year-over-year).
- 2022: Revenue of $2.9M, expenses of $1.5M, and assets of $5.1M (revenue +9.7% year-over-year).
- 2021: Revenue of $2.7M, expenses of $1.5M, and assets of $3.5M (revenue -7.6% year-over-year).
- 2020: Revenue of $2.9M, expenses of $2.6M, and assets of $2.6M (revenue -1.5% year-over-year).
- 2019: Revenue of $2.9M, expenses of $3.0M, and assets of $2.3M (revenue +24.8% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.3M, and assets of $2.1M (revenue +14.7% year-over-year).
- 2017: Revenue of $2.1M, expenses of $2.6M, and assets of $2.0M (revenue +6.4% year-over-year).
- 2016: Revenue of $1.9M, expenses of $2.6M, and assets of $2.5M (revenue +4.7% year-over-year).
- 2015: Revenue of $1.8M, expenses of $2.5M, and assets of $3.0M (revenue +12.8% year-over-year).
- 2014: Revenue of $1.6M, expenses of $2.1M, and assets of $3.8M (revenue -71.9% year-over-year).
- 2013: Revenue of $5.8M, expenses of $2.6M, and assets of $4.7M (revenue +1068.3% year-over-year).
- 2012: Revenue of $499K, expenses of $1.8M, and assets of $1.3M (revenue +1180.6% year-over-year).
- 2011: Revenue of $39K, expenses of $2.1M, and assets of $4.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund:
Data Sources and Methodology
This transparency report for 1199 Seiu League Hlth Care Industry Rn Training And Job Security Fund 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.