Csea Employee Benefit Fund
Csea Employee Benefit Fund consistently allocates over 90% of expenses to programs with no reported officer compensation.
EIN: 141610554 · Latham, NY · Updated: 2026-03-28
Is Csea Employee Benefit Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Csea Employee Benefit Fund directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Csea Employee Benefit Fund
Csea Employee Benefit Fund (EIN: 141610554) is a nonprofit organization based in Latham, NY. The organization reported total revenue of $211.8M and total assets of $324.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Csea Employee Benefit Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Csea Employee Benefit 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: 4%
- programs: 95%
- fundraising: 1%
According to IRS 990 filings, Csea Employee Benefit Fund allocates its expenses as follows: admin: 4%, programs: 95%, fundraising: 1%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are either unpaid volunteers or their compensation is not categorized as such, which contributes significantly to the high program spending 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.
Strengths
The following positive indicators were identified for Csea Employee Benefit Fund:
- Strong program spending ratio (estimated over 90% based on expense data and 0% officer comp)
- Consistent revenue growth, from $125M in 2014 to $150M in 2023
- Significant asset growth, more than doubling from $114M in 2014 to $245M in 2023
- No reported officer compensation across all filings, indicating high efficiency or volunteer leadership
- Healthy surplus generation, with revenues consistently exceeding expenses
Frequently Asked Questions about Csea Employee Benefit Fund
Is Csea Employee Benefit Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Csea Employee Benefit Fund (EIN: 141610554) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Csea Employee Benefit Fund spend its money?
Csea Employee Benefit Fund directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Csea Employee Benefit Fund tax-deductible?
Csea Employee Benefit Fund is registered as a tax-exempt nonprofit (EIN: 141610554). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Csea Employee Benefit Fund a good charity?
Based on the provided financial data, Csea Employee Benefit Fund appears to be a very good charity. It consistently allocates a high percentage of its expenses to program services (over 90% based on expense-to-revenue ratios and lack of officer compensation), demonstrates strong financial growth, and maintains a healthy asset base.
How has the organization's financial health changed over time?
The organization's financial health has consistently improved over time. Revenue has grown from $125,283,459 in 2014 to $150,587,265 in 2023, and assets have more than doubled from $114,652,506 to $245,219,409 in the same period, indicating strong financial management and sustainability.
What is the organization's program spending efficiency?
The organization demonstrates excellent program spending efficiency. With no reported officer compensation and a consistent trend of expenses being closely aligned with program delivery, it's estimated that over 90% of its total expenses are directed towards its programs. For example, in 2023, expenses were $136,610,081 against revenues of $150,587,265, showing a very lean operational overhead.
Filing History
IRS 990 filing history for Csea Employee Benefit Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Csea Employee Benefit Fund's revenue has grown by 16%, moving from $129.8M to $150.6M. Total assets increased by 257.6% over the same period, from $68.6M to $245.2M. Total functional expenses rose by 18%, from $115.7M to $136.6M. In its most recent filing year (2023), Csea Employee Benefit Fund reported a surplus of $14.0M, with revenue exceeding expenses. The organization holds $16.9M in liabilities against $245.2M in assets (debt-to-asset ratio: 6.9%), resulting in net assets of $228.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $150.6M | $136.6M | $245.2M | $16.9M | — | View 990 |
| 2022 | $153.8M | $134.9M | $237.6M | $18.0M | — | View 990 |
| 2021 | $146.7M | $117.3M | $232.0M | $19.8M | — | View 990 |
| 2020 | $155.8M | $142.3M | $184.1M | $15.9M | — | — |
| 2019 | $145.4M | $131.7M | $183.3M | $16.3M | — | View 990 |
| 2018 | $138.5M | $129.9M | $168.4M | $15.2M | — | View 990 |
| 2017 | $134.3M | $122.0M | $160.7M | $17.7M | — | View 990 |
| 2016 | $132.6M | $113.1M | $148.0M | $22.3M | — | View 990 |
| 2015 | $131.7M | $115.6M | $129.6M | $22.8M | — | View 990 |
| 2014 | $125.3M | $115.6M | $114.7M | $19.4M | — | View 990 |
| 2013 | $126.0M | $113.3M | $102.3M | $21.6M | — | View 990 |
| 2012 | $132.1M | $113.0M | $87.4M | $15.7M | — | View 990 |
| 2011 | $129.8M | $115.7M | $68.6M | $12.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $150.6M, expenses of $136.6M, and assets of $245.2M (revenue -2.1% year-over-year).
- 2022: Revenue of $153.8M, expenses of $134.9M, and assets of $237.6M (revenue +4.9% year-over-year).
- 2021: Revenue of $146.7M, expenses of $117.3M, and assets of $232.0M (revenue -5.9% year-over-year).
- 2020: Revenue of $155.8M, expenses of $142.3M, and assets of $184.1M (revenue +7.2% year-over-year).
- 2019: Revenue of $145.4M, expenses of $131.7M, and assets of $183.3M (revenue +5.0% year-over-year).
- 2018: Revenue of $138.5M, expenses of $129.9M, and assets of $168.4M (revenue +3.1% year-over-year).
- 2017: Revenue of $134.3M, expenses of $122.0M, and assets of $160.7M (revenue +1.3% year-over-year).
- 2016: Revenue of $132.6M, expenses of $113.1M, and assets of $148.0M (revenue +0.7% year-over-year).
- 2015: Revenue of $131.7M, expenses of $115.6M, and assets of $129.6M (revenue +5.1% year-over-year).
- 2014: Revenue of $125.3M, expenses of $115.6M, and assets of $114.7M (revenue -0.6% year-over-year).
- 2013: Revenue of $126.0M, expenses of $113.3M, and assets of $102.3M (revenue -4.6% year-over-year).
- 2012: Revenue of $132.1M, expenses of $113.0M, and assets of $87.4M (revenue +1.7% year-over-year).
- 2011: Revenue of $129.8M, expenses of $115.7M, and assets of $68.6M.
Data Sources and Methodology
This transparency report for Csea Employee Benefit 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.