Seafarers International Union Of North America
Seafarers International Union maintains stable finances with growing assets and no reported officer compensation.
EIN: 111690171 · Camp Springs, MD · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $38.7M |
| Total Expenses | $23.9M |
| Program Spending | 75% |
| Net Assets | $72.8M |
| Transparency Score | 75/100 |
Is Seafarers International Union Of North America Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Seafarers International Union Of North America directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Seafarers International Union Of North America
Seafarers International Union Of North America (EIN: 111690171) is a nonprofit organization based in Camp Springs, MD. The organization reported total revenue of $38.7M and total assets of $77.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seafarers International Union Of North America's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seafarers International Union Of North America is a large nonprofit that has been operating for 82 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $22.6M |
| Total Expenses | $23.9M |
| Surplus / Deficit | $-1,302,484 |
| Total Assets | $73.2M |
| Total Liabilities | $452K |
| Net Assets | $72.8M |
| Operating Margin | -5.8% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 36.8 months |
Financial Health Grade: B
In 2023, Seafarers International Union Of North America reported a deficit of $1.3M with expenses exceeding revenue, holds 36.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Seafarers International Union Of North America's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.5% | +5.0% | +5.9% |
| 2022 | +6.0% | +7.3% | -11.4% |
| 2021 | -6.6% | +3.9% | +8.4% |
| 2020 | +13.2% | +1.3% | +10.1% |
| 2019 | -14.6% | +3.0% | +8.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1944 |
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 Seafarers International Union Of North America with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Seafarers International Union Of North America allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $1.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with annual revenues in the tens of millions. This suggests that executive compensation may be structured differently or reported in another section of the 990, or that officers are uncompensated, which would be a significant point of transparency.
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 Seafarers International Union Of North America's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Consistent 0% officer compensation reported, which is unusual for an organization of this scale and warrants further investigation for full transparency.
Strengths
The following positive indicators were identified for Seafarers International Union Of North America:
- Consistent revenue generation over the past decade, generally in the $18M-$25M range.
- Healthy and growing asset base, increasing from $59.3M in 2014 to $73.2M in 2023.
- Low liabilities relative to assets, indicating strong financial stability (e.g., $452K liabilities vs. $73.2M assets in 2023).
- Expenses generally track closely with revenues, indicating controlled spending.
Frequently Asked Questions about Seafarers International Union Of North America
Is Seafarers International Union Of North America a legitimate charity?
Based on AI analysis of IRS 990 filings, Seafarers International Union Of North America (EIN: 111690171) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Seafarers International Union Of North America spend its money?
Seafarers International Union Of North America directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Seafarers International Union Of North America tax-deductible?
Seafarers International Union Of North America is registered as a tax-exempt nonprofit (EIN: 111690171). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Seafarers International Union Of North America's spending goes to programs?
Seafarers International Union Of North America directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Seafarers International Union Of North America located?
Seafarers International Union Of North America is headquartered in Camp Springs, Maryland and files with the IRS under EIN 111690171.
How many years of IRS 990 filings does Seafarers International Union Of North America have?
Seafarers International Union Of North America 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 $38.7M in total revenue.
How are officers compensated if 0% is reported?
The IRS 990 filings consistently show 0% officer compensation. This could mean officers are uncompensated, compensated through a related entity, or their compensation is reported in a different section of the 990, which would require further review of the full filing.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not include a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a comprehensive assessment of spending efficiency and mission focus.
What is the primary source of the organization's revenue?
The provided data only lists total revenue. To understand the organization's financial sustainability, it would be beneficial to know the primary sources, such as membership dues, grants, or investment income.
Filing History
IRS 990 filing history for Seafarers International Union Of North America showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Seafarers International Union Of North America's revenue has grown by 14.1%, moving from $19.8M to $22.6M. Total assets increased by 49.1% over the same period, from $49.1M to $73.2M. Total functional expenses rose by 38.7%, from $17.2M to $23.9M. In its most recent filing year (2023), Seafarers International Union Of North America reported a deficit of $1.3M, with expenses exceeding revenue. The organization holds $452K in liabilities against $73.2M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $72.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $22.6M | $23.9M | $73.2M | $452K | — | — |
| 2022 | $23.1M | $22.7M | $69.2M | $401K | — | View 990 |
| 2021 | $21.8M | $21.2M | $78.0M | $662K | — | View 990 |
| 2020 | $23.3M | $20.4M | $72.0M | $386K | — | — |
| 2019 | $20.6M | $20.1M | $65.4M | $395K | — | — |
| 2018 | $24.1M | $19.5M | $60.1M | $923K | — | View 990 |
| 2017 | $25.9M | $20.0M | $62.6M | $590K | — | View 990 |
| 2016 | $19.5M | $19.9M | $58.4M | $377K | — | View 990 |
| 2015 | $17.9M | $18.4M | $58.4M | $385K | — | View 990 |
| 2014 | $18.3M | $17.6M | $59.4M | $438K | — | View 990 |
| 2013 | $18.7M | $17.9M | $56.2M | $505K | — | View 990 |
| 2012 | $20.4M | $18.4M | $52.4M | $253K | — | View 990 |
| 2011 | $19.8M | $17.2M | $49.1M | $423K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22.6M, expenses of $23.9M, and assets of $73.2M (revenue -2.5% year-over-year).
- 2022: Revenue of $23.1M, expenses of $22.7M, and assets of $69.2M (revenue +6.0% year-over-year).
- 2021: Revenue of $21.8M, expenses of $21.2M, and assets of $78.0M (revenue -6.6% year-over-year).
- 2020: Revenue of $23.3M, expenses of $20.4M, and assets of $72.0M (revenue +13.2% year-over-year).
- 2019: Revenue of $20.6M, expenses of $20.1M, and assets of $65.4M (revenue -14.6% year-over-year).
- 2018: Revenue of $24.1M, expenses of $19.5M, and assets of $60.1M (revenue -6.6% year-over-year).
- 2017: Revenue of $25.9M, expenses of $20.0M, and assets of $62.6M (revenue +32.9% year-over-year).
- 2016: Revenue of $19.5M, expenses of $19.9M, and assets of $58.4M (revenue +8.9% year-over-year).
- 2015: Revenue of $17.9M, expenses of $18.4M, and assets of $58.4M (revenue -2.5% year-over-year).
- 2014: Revenue of $18.3M, expenses of $17.6M, and assets of $59.4M (revenue -2.1% year-over-year).
- 2013: Revenue of $18.7M, expenses of $17.9M, and assets of $56.2M (revenue -8.4% year-over-year).
- 2012: Revenue of $20.4M, expenses of $18.4M, and assets of $52.4M (revenue +3.3% year-over-year).
- 2011: Revenue of $19.8M, expenses of $17.2M, and assets of $49.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seafarers International Union Of North America:
Data Sources and Methodology
This transparency report for Seafarers International Union Of North America 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.