1199SEIU Funds
Legal name: 1199Seiu National Benefit Fund for Health and Human Service Employees
Nonprofit profile at a glance
- EIN
- 131628401
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2024
- Location
- New York, NY, USA
- Phone
- (646) 473-9200
- Rating confidence
- Limited
- Sector
- Voluntary Employees Beneficiary Associations (Non-Government)
Reported finances
- Revenue
- $2,527,972,421
- Expenses
- $2,268,368,542
- Assets
- $1,586,856,702
- Liabilities
- $1,095,627,292
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
47 people listed
Executive titles in this filing
- Donna Rey (Chief Executive Officer)
Highest reported compensation
- Lorraine Monchak (Chief Investments Officer): $2,371,125 total reported compensation
- Donna Rey (Chief Executive Officer): $1,482,648 total reported compensation
- Brandy D Shiloh (Chief Administrative Officer): $1,235,857 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The 1199SEIU Family of Funds provide comprehensive benefits to more than 450,000 working and retired healthcare industry workers (members of 1199SEIU United Healthcare Workers East) and their families through the Benefit and Pension, Training and Employment, and Child Care Funds, including health benefits, a defined monthly pension at retirement, training/education/job security, and child-care benefits (all at little or no cost).
What it reported doing in 2024
Though the fund does not undertake program services and does not report any expenses on form 990, part ix, col (b), the fund provides health and welfare benefits to eligible participants under the terms of the collective bargaining agreement and trust document. In 2024, 160,501 members/participants received health and welfare benefits.
Operating model
- Revenue model
- Other-operating. 99% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Accountability: 95
- Sustainability: 55
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 10.3%; rating input score 73; 73rd percentile among comparable filings
- Total-asset coverage ratio: 0.7; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: 0.69; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 0.3%; rating input score 89; 89th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 4.4% per year; rating input score 100; 36th percentile among comparable filings
- Asset growth: 6.2% per year; rating input score 100; 45th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 34 of 34 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $2.4M · 47 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $18.3M reported
- Consistency: 14 of 14 current checks pass
- Schedules: 4 filed schedules · includes executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: 11 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- High — Sustainability: Liabilities to assets ratio scored 22/100.