#280 of 500 · Member & Benefit Funds
Deseret Healthcare Employee Benefits Trust
A Voluntary Employees' Beneficiary Association (501(c)(9)) based in Salt Lake City, Utah. It collects premium contributions and pays health and welfare benefits to eligible employees, dependents and beneficiaries under plans adopted by its sponsoring healthcare employer. It operates as a benefit-funding trust rather than a program-delivering charity, reporting several hundred million dollars in annual revenue.
Open the interactive profileFinancials, fiscal 2023
- Revenue
- $540.6M
- Expenses
- $548.6M
- Total assets
- $373.9M
- Net assets
- $275.7M
- Operating margin
- -1.5%
- 1-year growth
- 12.3%
- 5-year growth (CAGR)
- 2.9%
- Reserve (years of spending)
- 6.0
- Contributions share
- n/a
- Programme spending
- 96.9%
- Fundraising cost
- n/a
- Executive pay share
- 0.00%
- Employees
- n/a
- Revenue per employee
- n/a
- Grants paid
- n/a
- Years filing
- 33
NFP Health Score: 77 / 100
Financial 55 · Governance 100 · Operational 100. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.
Revenue history
| Year | Revenue |
|---|---|
| 2018 | $468.6M |
| 2019 | $502.3M |
| 2020 | $522.1M |
| 2021 | $495.7M |
| 2022 | $481.3M |
| 2023 | $540.6M |