NFP500

#21 of 500 · Member & Benefit Funds

Central States Southeast & Southwest Areas Health & Welfare F

EIN 36-2154936 · IL · NTEE n/a · Form 990, fiscal 2023

A not-for-profit multi-employer, self-funded ERISA health and welfare trust founded in 1950. Jointly administered by labor and management trustees, it provides health, prescription, and welfare benefits to unionized Teamster employees and their dependents. It is among the largest labor healthcare funds in the U.S., covering roughly 500,000 members across many employers.

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Financials, fiscal 2023

Revenue
$5.01B
Expenses
$4.07B
Total assets
$14.20B
Net assets
$11.65B
Operating margin
18.9%
1-year growth
-2.5%
5-year growth (CAGR)
4.7%
Reserve (years of spending)
34.4
Contributions share
n/a
Programme spending
97.5%
Fundraising cost
n/a
Executive pay share
0.09%
Employees
759
Revenue per employee
$6.6M
Grants paid
n/a
Years filing
64

NFP Health Score: 78 / 100

Financial 59 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To provide Teamster employees and their families with the very best affordable healthcare.

Revenue history

YearRevenue
2019$4.18B
2020$4.58B
2021$4.93B
2022$5.14B
2023$5.01B