1199 Seiu League Training And Upgrading Fund
1199 Seiu League Training And Upgrading Fund shows consistent revenue, significant asset growth, and no reported officer compensation over a decade.
EIN: 132637580 · New York, NY · NTEE: J200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $72.9M |
| Total Expenses | $79.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $70 |
| Net Assets | $36.3M |
| Transparency Score | 85/100 |
Is 1199 Seiu League Training And Upgrading Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
1199 Seiu League Training And Upgrading Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About 1199 Seiu League Training And Upgrading Fund
1199 Seiu League Training And Upgrading Fund (EIN: 132637580) is a nonprofit organization based in New York, NY, classified under NTEE code J200. The organization reported total revenue of $72.9M and total assets of $53.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 1199 Seiu League Training And Upgrading Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
1199 Seiu League Training And Upgrading Fund is a major nonprofit that has been operating for 56 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $81.9M |
| Total Expenses | $79.6M |
| Surplus / Deficit | +$2.3M |
| Total Assets | $60.8M |
| Total Liabilities | $24.5M |
| Net Assets | $36.3M |
| Operating Margin | 2.8% |
| Debt-to-Asset Ratio | 40.4% |
| Months of Reserves | 9.2 months |
Financial Health Grade: A
In 2023, 1199 Seiu League Training And Upgrading Fund reported a surplus of $2.3M with revenue exceeding expenses, holds 9.2 months of operating reserves (strong position), has a debt-to-asset ratio of 40.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), 1199 Seiu League Training And Upgrading Fund's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.1% | +9.9% | +25.4% |
| 2022 | +16.1% | +2.8% | +14.0% |
| 2021 | -12.5% | +12.1% | -15.0% |
| 2020 | -2.4% | -1.2% | +27.7% |
| 2019 | +2.6% | -0.3% | +31.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1970 |
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 Training And Upgrading Fund 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, 1199 Seiu League Training And Upgrading Fund allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 $2.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with revenues exceeding $70 million. This suggests either that executive compensation is exceptionally low, or that it is reported under different categories, or that the organization relies heavily on volunteer leadership, which would be a significant strength in terms of cost efficiency.
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 League Training And Upgrading Fund's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for 1199 Seiu League Training And Upgrading Fund:
- Strong and consistent revenue generation, often exceeding $70 million annually.
- Significant asset growth, increasing from $17.5 million in 2014 to $60.8 million in 2023, indicating robust financial management.
- Healthy balance sheet with assets consistently exceeding liabilities, demonstrating financial solvency.
- Consistent operational scale over a decade, suggesting stable program delivery and impact.
Frequently Asked Questions about 1199 Seiu League Training And Upgrading Fund
Is 1199 Seiu League Training And Upgrading Fund a legitimate charity?
1199 Seiu League Training And Upgrading Fund (EIN: 132637580) 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: $72.9M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does 1199 Seiu League Training And Upgrading Fund spend its money?
1199 Seiu League Training And Upgrading Fund directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to 1199 Seiu League Training And Upgrading Fund tax-deductible?
1199 Seiu League Training And Upgrading Fund is registered as a tax-exempt nonprofit (EIN: 132637580). 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 Training And Upgrading Fund CEO make?
1199 Seiu League Training And Upgrading Fund's highest-compensated officer earns $70 annually. The organization reported $72.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of 1199 Seiu League Training And Upgrading Fund's spending goes to programs?
1199 Seiu League Training And Upgrading Fund directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does 1199 Seiu League Training And Upgrading Fund compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), 1199 Seiu League Training And Upgrading Fund is above average for NTEE category J200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is 1199 Seiu League Training And Upgrading Fund located?
1199 Seiu League Training And Upgrading Fund is headquartered in New York, New York and files with the IRS under EIN 132637580. It is classified under NTEE code J200.
How many years of IRS 990 filings does 1199 Seiu League Training And Upgrading Fund have?
1199 Seiu League Training And Upgrading 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 $72.9M in total revenue.
How does 1199 Seiu League Training And Upgrading Fund manage to report 0% officer compensation with such high revenues?
The consistent reporting of 0% officer compensation across all filings for an organization with revenues often exceeding $70 million is highly unusual. This could indicate that executive leadership is entirely volunteer-based, compensation is paid through a related entity, or it is categorized differently within the 990, such as under 'salaries and wages' for all employees rather than specifically for officers. Further investigation into the detailed expense schedules of the 990 would be needed to clarify this.
What is the primary source of the organization's revenue?
While not explicitly detailed in the provided summary, for an NTEE code J200 (Labor Unions/Organizations), the primary revenue sources are typically member dues, contributions, and grants. Given the 'Training And Upgrading Fund' designation, it's likely a significant portion comes from employer contributions or grants related to workforce development.
Has the organization experienced significant financial instability?
No, the organization has demonstrated remarkable financial stability and growth. While there were periods where expenses exceeded revenue (e.g., 2016 and 2021), these were generally minor fluctuations within a larger trend of increasing assets and consistent operational scale. Assets have grown from $17.5 million in 2014 to over $60 million in 2023, indicating strong financial health.
Filing History
IRS 990 filing history for 1199 Seiu League Training And Upgrading Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), 1199 Seiu League Training And Upgrading Fund's revenue has grown by 145.4%, moving from $33.4M to $81.9M. Total assets increased by 57.5% over the same period, from $38.6M to $60.8M. Total functional expenses rose by 110.3%, from $37.9M to $79.6M. In its most recent filing year (2023), 1199 Seiu League Training And Upgrading Fund reported a surplus of $2.3M, with revenue exceeding expenses. The organization holds $24.5M in liabilities against $60.8M in assets (debt-to-asset ratio: 40.4%), resulting in net assets of $36.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $81.9M | $79.6M | $60.8M | $24.5M | — | — |
| 2022 | $73.7M | $72.5M | $48.5M | $14.5M | — | View 990 |
| 2021 | $63.5M | $70.5M | $42.5M | $9.8M | — | View 990 |
| 2020 | $72.6M | $62.9M | $50.0M | $10.3M | — | View 990 |
| 2019 | $74.4M | $63.7M | $39.2M | $17.8M | — | View 990 |
| 2018 | $72.5M | $63.9M | $29.8M | $19.6M | — | View 990 |
| 2017 | $65.3M | $62.9M | $19.4M | $18.4M | — | View 990 |
| 2016 | $41.9M | $55.1M | $14.9M | $15.7M | — | View 990 |
| 2015 | $62.2M | $51.9M | $26.8M | $12.9M | — | View 990 |
| 2014 | $34.6M | $46.1M | $17.6M | $14.0M | — | View 990 |
| 2013 | $43.4M | $45.6M | $31.5M | $16.5M | — | View 990 |
| 2012 | $35.3M | $39.7M | $33.0M | $15.8M | — | View 990 |
| 2011 | $33.4M | $37.9M | $38.6M | $17.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $81.9M, expenses of $79.6M, and assets of $60.8M (revenue +11.1% year-over-year).
- 2022: Revenue of $73.7M, expenses of $72.5M, and assets of $48.5M (revenue +16.1% year-over-year).
- 2021: Revenue of $63.5M, expenses of $70.5M, and assets of $42.5M (revenue -12.5% year-over-year).
- 2020: Revenue of $72.6M, expenses of $62.9M, and assets of $50.0M (revenue -2.4% year-over-year).
- 2019: Revenue of $74.4M, expenses of $63.7M, and assets of $39.2M (revenue +2.6% year-over-year).
- 2018: Revenue of $72.5M, expenses of $63.9M, and assets of $29.8M (revenue +11.1% year-over-year).
- 2017: Revenue of $65.3M, expenses of $62.9M, and assets of $19.4M (revenue +55.9% year-over-year).
- 2016: Revenue of $41.9M, expenses of $55.1M, and assets of $14.9M (revenue -32.7% year-over-year).
- 2015: Revenue of $62.2M, expenses of $51.9M, and assets of $26.8M (revenue +79.8% year-over-year).
- 2014: Revenue of $34.6M, expenses of $46.1M, and assets of $17.6M (revenue -20.3% year-over-year).
- 2013: Revenue of $43.4M, expenses of $45.6M, and assets of $31.5M (revenue +22.9% year-over-year).
- 2012: Revenue of $35.3M, expenses of $39.7M, and assets of $33.0M (revenue +5.8% year-over-year).
- 2011: Revenue of $33.4M, expenses of $37.9M, and assets of $38.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 1199 Seiu League Training And Upgrading Fund:
Data Sources and Methodology
This transparency report for 1199 Seiu League Training And Upgrading 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.