NFP500

#280 of 500 · Member & Benefit Funds

Deseret Healthcare Employee Benefits Trust

EIN 87-0467790 · UT · NTEE n/a · Form 990, fiscal 2023

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.

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Financials, 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

YearRevenue
2018$468.6M
2019$502.3M
2020$522.1M
2021$495.7M
2022$481.3M
2023$540.6M