New York State Teamsters Council Health & Hospital Fund
New York State Teamsters Council Health & Hospital Fund maintains strong asset growth and reports no officer compensation.
EIN: 150551885 · Syracuse, NY · NTEE: Y43 · Updated: 2026-03-28
Is New York State Teamsters Council Health & Hospital Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York State Teamsters Council Health & Hospital Fund directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York State Teamsters Council Health & Hospital Fund
New York State Teamsters Council Health & Hospital Fund (EIN: 150551885) is a nonprofit organization based in Syracuse, NY, classified under NTEE code Y43. The organization reported total revenue of $270.0M and total assets of $854.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York State Teamsters Council Health & Hospital Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York State Teamsters Council Health & Hospital Fund is a major nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $224.9M |
| Total Expenses | $203.3M |
| Surplus / Deficit | +$21.6M |
| Total Assets | $821.6M |
| Total Liabilities | $97.1M |
| Net Assets | $724.4M |
| Operating Margin | 9.6% |
| Debt-to-Asset Ratio | 11.8% |
| Months of Reserves | 48.5 months |
Financial Health Grade: A
In 2023, New York State Teamsters Council Health & Hospital Fund reported a surplus of $21.6M with revenue exceeding expenses, holds 48.5 months of operating reserves (strong position), has a debt-to-asset ratio of 11.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York State Teamsters Council Health & Hospital Fund's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.1% | +4.5% | +10.4% |
| 2022 | -4.9% | -19.8% | -10.6% |
| 2021 | +12.6% | +47.6% | +10.5% |
| 2020 | +7.9% | -7.3% | +19.9% |
| 2019 | -1.5% | +0.4% | +21.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 New York State Teamsters Council Health & Hospital Fund 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, New York State Teamsters Council Health & Hospital Fund 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $21.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers of the New York State Teamsters Council Health & Hospital Fund do not receive salaries from the organization. This is highly unusual for an organization of its size, with assets exceeding $854 million and annual revenues over $269 million, suggesting that executive functions may be performed by volunteers or compensated through other affiliated entities.
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 New York State Teamsters Council Health & Hospital Fund's IRS 990 filings:
- Lack of detailed program vs. administrative spending breakdown in summary data
- Unusual 0% officer compensation for an organization of this size, warranting further investigation into executive management structure
Strengths
The following positive indicators were identified for New York State Teamsters Council Health & Hospital Fund:
- Consistent and significant asset growth, reaching $854,669,153
- Strong revenue growth over the past decade, from $204M to $269M
- Reported 0% officer compensation across all filings, indicating high efficiency in executive overhead
- Consistent IRS 990 filing history (13 filings), demonstrating transparency
Frequently Asked Questions about New York State Teamsters Council Health & Hospital Fund
Is New York State Teamsters Council Health & Hospital Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, New York State Teamsters Council Health & Hospital Fund (EIN: 150551885) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does New York State Teamsters Council Health & Hospital Fund spend its money?
New York State Teamsters Council Health & Hospital Fund directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New York State Teamsters Council Health & Hospital Fund tax-deductible?
New York State Teamsters Council Health & Hospital Fund is registered as a tax-exempt nonprofit (EIN: 150551885). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the New York State Teamsters Council Health & Hospital Fund a good charity?
Based on the provided data, the fund exhibits strong financial health with consistent asset growth and a notable commitment to not paying officer compensation (0% reported). This suggests a high degree of efficiency in resource allocation, likely directing funds primarily towards its core mission of providing health and hospital benefits. However, without detailed program expense breakdowns, a definitive 'good charity' assessment is limited to these financial indicators.
How does the fund manage executive leadership without officer compensation?
The consistent reporting of 0% officer compensation across all filings for an organization of this scale is highly unusual. It suggests that executive leadership may be provided on a volunteer basis, or compensation for these roles might be covered by an affiliated entity, or through other arrangements not directly reported as officer compensation on the 990 form for this specific fund. Further investigation into the full 990 forms and related organizations would be necessary to understand this structure.
What is the trend in the fund's financial stability?
The fund demonstrates strong and consistent financial stability. Its assets have grown significantly from $359,236,372 in 2014 to $854,669,153 currently. Revenue has also shown a steady increase, from $204,351,633 in 2014 to $269,978,568 in the latest period, indicating a healthy and growing financial base.
Filing History
IRS 990 filing history for New York State Teamsters Council Health & Hospital Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York State Teamsters Council Health & Hospital Fund's revenue has grown by 15.2%, moving from $195.2M to $224.9M. Total assets increased by 304.8% over the same period, from $202.9M to $821.6M. Total functional expenses rose by 36%, from $149.5M to $203.3M. In its most recent filing year (2023), New York State Teamsters Council Health & Hospital Fund reported a surplus of $21.6M, with revenue exceeding expenses. The organization holds $97.1M in liabilities against $821.6M in assets (debt-to-asset ratio: 11.8%), resulting in net assets of $724.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $224.9M | $203.3M | $821.6M | $97.1M | — | — |
| 2022 | $247.4M | $194.6M | $744.1M | $99.0M | — | View 990 |
| 2021 | $260.2M | $242.5M | $832.3M | $102.6M | — | View 990 |
| 2020 | $231.0M | $164.3M | $753.4M | $47.7M | — | — |
| 2019 | $214.1M | $177.2M | $628.5M | $40.1M | — | View 990 |
| 2018 | $217.4M | $176.5M | $516.6M | $32.8M | — | View 990 |
| 2017 | $208.7M | $179.2M | $506.1M | $24.1M | — | — |
| 2016 | $200.6M | $171.3M | $428.6M | $17.3M | — | View 990 |
| 2015 | $204.1M | $178.8M | $369.2M | $13.3M | — | View 990 |
| 2014 | $204.4M | $168.6M | $359.2M | $11.2M | — | View 990 |
| 2013 | $205.3M | $161.7M | $311.7M | $6.7M | — | View 990 |
| 2012 | $192.9M | $150.1M | $266.0M | $6.3M | — | View 990 |
| 2011 | $195.2M | $149.5M | $202.9M | $4.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $224.9M, expenses of $203.3M, and assets of $821.6M (revenue -9.1% year-over-year).
- 2022: Revenue of $247.4M, expenses of $194.6M, and assets of $744.1M (revenue -4.9% year-over-year).
- 2021: Revenue of $260.2M, expenses of $242.5M, and assets of $832.3M (revenue +12.6% year-over-year).
- 2020: Revenue of $231.0M, expenses of $164.3M, and assets of $753.4M (revenue +7.9% year-over-year).
- 2019: Revenue of $214.1M, expenses of $177.2M, and assets of $628.5M (revenue -1.5% year-over-year).
- 2018: Revenue of $217.4M, expenses of $176.5M, and assets of $516.6M (revenue +4.2% year-over-year).
- 2017: Revenue of $208.7M, expenses of $179.2M, and assets of $506.1M (revenue +4.0% year-over-year).
- 2016: Revenue of $200.6M, expenses of $171.3M, and assets of $428.6M (revenue -1.7% year-over-year).
- 2015: Revenue of $204.1M, expenses of $178.8M, and assets of $369.2M (revenue -0.1% year-over-year).
- 2014: Revenue of $204.4M, expenses of $168.6M, and assets of $359.2M (revenue -0.4% year-over-year).
- 2013: Revenue of $205.3M, expenses of $161.7M, and assets of $311.7M (revenue +6.4% year-over-year).
- 2012: Revenue of $192.9M, expenses of $150.1M, and assets of $266.0M (revenue -1.2% year-over-year).
- 2011: Revenue of $195.2M, expenses of $149.5M, and assets of $202.9M.
Data Sources and Methodology
This transparency report for New York State Teamsters Council Health & Hospital 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.