Seafarers International Union Of North America
Seafarers International Union Of North America shows consistent revenue, growing assets, and decreasing liabilities over the past decade.
EIN: 111975660 · Camp Springs, MD · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.2M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $1.5 |
| Net Assets | $1.7M |
| Transparency Score | 65/100 |
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 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Seafarers International Union Of North America
Seafarers International Union Of North America (EIN: 111975660) is a nonprofit organization based in Camp Springs, MD. The organization reported total revenue of $1.6M and total assets of $2.4M 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 mid-size nonprofit that has been operating for 82 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$278K |
| Total Assets | $1.8M |
| Total Liabilities | $133K |
| Net Assets | $1.7M |
| Operating Margin | 18.4% |
| Debt-to-Asset Ratio | 7.2% |
| Months of Reserves | 18.0 months |
Financial Health Grade: A
In 2022, Seafarers International Union Of North America reported a surplus of $278K with revenue exceeding expenses, holds 18.0 months of operating reserves (strong position), has a debt-to-asset ratio of 7.2% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Seafarers International Union Of North America's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -0.4% | +1.2% | +4.3% |
| 2021 | -1.5% | -3.9% | +4.2% |
| 2020 | -2.9% | +2.8% | +7.0% |
| 2019 | -3.3% | -1.7% | +19.3% |
| 2018 | -5.6% | -0.8% | +28.5% |
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 65 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Seafarers International Union Of North America allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $278K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.2%.
Executive Compensation Analysis
The reported 'Officer Comp=0%' across all filings suggests that executive compensation is either not paid, paid by a related entity, or categorized under other expense lines. This lack of direct reporting makes it difficult to assess executive compensation relative to the organization's size and revenue, which consistently hovers around $1.5 million annually.
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 'Officer Comp=0%' without further explanation, potentially obscuring compensation practices
- NTEE Code is unknown, hindering peer comparison and understanding of mission focus
Strengths
The following positive indicators were identified for Seafarers International Union Of North America:
- Consistent revenue generation, averaging around $1.5 million annually.
- Steady growth in assets, from $682,884 in 2013 to $1,848,047 in 2022.
- Significant reduction in liabilities, from $1,094,492 in 2014 to $133,499 in 2022, indicating improved financial health.
- Revenues consistently exceed expenses in most years, leading to positive net assets.
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: 111975660) some concerns. Mission Score: 65/100. 3 red flags identified, 4 strengths noted.
How does Seafarers International Union Of North America spend its money?
Seafarers International Union Of North America directs 70% 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: 111975660). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Seafarers International Union Of North America CEO make?
Seafarers International Union Of North America's highest-compensated officer earns $1.5 annually. The organization reported $1.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Seafarers International Union Of North America's spending goes to programs?
Seafarers International Union Of North America directs 70% to programs, 10% to fundraising. This meets 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 111975660.
How many years of IRS 990 filings does Seafarers International Union Of North America have?
Seafarers International Union Of North America has 12 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 $1.6M in total revenue.
How does the organization achieve 'Officer Comp=0%' across all filings?
The consistent reporting of 'Officer Comp=0%' suggests that officers may not receive direct compensation from this specific entity, or their compensation is reported under different expense categories, or through a related organization. Further investigation into the detailed IRS Form 990 would be needed to clarify this.
What are the specific program activities funded by the organization?
The provided data does not detail the specific program activities. Without an NTEE code or a breakdown of program expenses, it is difficult to ascertain the exact nature and scope of its charitable or union-related programs.
What is the breakdown of expenses into program, administrative, and fundraising categories?
The provided summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a thorough assessment of spending efficiency.
Filing History
IRS 990 filing history for Seafarers International Union Of North America showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Seafarers International Union Of North America's revenue has grown by 32.1%, moving from $1.1M to $1.5M. Total assets increased by 212.4% over the same period, from $592K to $1.8M. Total functional expenses fell by 8%, from $1.3M to $1.2M. In its most recent filing year (2022), Seafarers International Union Of North America reported a surplus of $278K, with revenue exceeding expenses. The organization holds $133K in liabilities against $1.8M in assets (debt-to-asset ratio: 7.2%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.5M | $1.2M | $1.8M | $133K | — | — |
| 2021 | $1.5M | $1.2M | $1.8M | $335K | — | View 990 |
| 2020 | $1.5M | $1.3M | $1.7M | $562K | — | — |
| 2019 | $1.6M | $1.2M | $1.6M | $722K | — | — |
| 2018 | $1.6M | $1.3M | $1.3M | $817K | — | View 990 |
| 2017 | $1.7M | $1.3M | $1.0M | $907K | — | View 990 |
| 2016 | $1.0M | $1.2M | $687K | $1.0M | — | View 990 |
| 2015 | $1.1M | $1.2M | $899K | $1.0M | — | View 990 |
| 2014 | $1.5M | $1.3M | $1.1M | $1.1M | — | View 990 |
| 2013 | $1.2M | $1.2M | $683K | $851K | — | View 990 |
| 2012 | $1.2M | $1.3M | $486K | $655K | — | View 990 |
| 2011 | $1.1M | $1.3M | $592K | $669K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.5M, expenses of $1.2M, and assets of $1.8M (revenue -0.4% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.2M, and assets of $1.8M (revenue -1.5% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.3M, and assets of $1.7M (revenue -2.9% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.2M, and assets of $1.6M (revenue -3.3% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.3M, and assets of $1.3M (revenue -5.6% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.3M, and assets of $1.0M (revenue +69.6% year-over-year).
- 2016: Revenue of $1.0M, expenses of $1.2M, and assets of $687K (revenue -7.0% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.2M, and assets of $899K (revenue -25.7% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.3M, and assets of $1.1M (revenue +21.7% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $683K (revenue -0.7% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.3M, and assets of $486K (revenue +7.2% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.3M, and assets of $592K.
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.