Overview
What is Seiu 775 Benefits Group?
The SEIU 775 Benefits Group is a nonprofit organization based in Seattle, Washington, with an address at 215 Columbia Street 300, ZIP code 98104. They serve as a vital support system for the SEIU Group, which includes the SEIU Healthcare Northwest Training Partnership, the SEIU Secure Retirement Trust, the SEIU Health Benefits Trust, and Carina. The Benefits Group's mission is to enhance the overall tax-exempt functions of the SEIU Group by offering administrative support and services. With a workforce of 208 employees, they contribute significantly to the group's operations.
Official website here: www.myseiubenefits.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
Seiu 775 Benefits Group has received a Two-Star rating from Charity Navigator, indicating some areas for improvement in accountability and financial practices. The nonprofit has a solid financial audit and maintains a conflict of interest policy, showcasing a commitment to transparency. However, the organization lacks independent board members, which may raise concerns about governance and oversight.
The financial health indicators present a mixed picture. While the program expense ratio is strong, suggesting that the majority of funds are directed toward its mission, the liabilities to assets ratio is concerning, indicating potential financial instability. Additionally, the absence of key documents on the nonprofit's website limits accessibility and transparency for stakeholders.
Overall, while Seiu 775 Benefits Group demonstrates strengths in certain financial practices and governance policies, the lack of independent board representation and relatively low rating suggest that there are significant areas that need to be addressed to enhance public trust and organizational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Seiu 775 Benefits Group legitimate?
Seiu 775 Benefits Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seiu 775 Benefits Group submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,791,561
For more financial information, click here
Official website here: www.myseiubenefits.org
What is the mission statement of Seiu 775 Benefits Group?
The SEIU 775 Benefits Group supports the tax-exempt functions of the SEIU Group, which includes the SEIU Healthcare Northwest Training Partnership, the SEIU Secure Retirement Trust, the SEIU Health Benefits Trust, and Carina. By providing administrative assistance, this organization plays a crucial role in helping these entities carry out their missions effectively. The SEIU Benefits Group's mission is to aid and strengthen the overall operations of the SEIU Group. Through its dedicated services, it ensures the smooth functioning of the various organizations under its umbrella.
Official website here: www.myseiubenefits.org
Who is the CEO of Seiu 775 Benefits Group?
Merissa Clyde is the Past-Executive Director of Seiu 775 Benefits Group. The CEO's salary of Seiu 775 Benefits Group is $165,932 and their total compensation is $206,259.
Official website here: www.myseiubenefits.org
What is the revenue of Seiu 775 Benefits Group?
Seiu 775 Benefits Group's revenue in 2022 was $33,092,147.
Official website here: www.myseiubenefits.org
Who are the executives of Seiu 775 Benefits Group and what are their salaries?
The average compensation at Seiu 775 Benefits Group during 2022 was $119,190. There are 208 employees at Seiu 775 Benefits Group.
Here are 14 key members and their salaries (Seiu 775 Benefits Group's CEO's salary is $165,932 and their total compensation is $206,259):
- Compensation: $198,010
- Related: $0
- Other: $40,327
- Compensation: $189,066
- Related: $0
- Other: $40,327
- Compensation: $166,247
- Related: $0
- Other: $40,327
- Compensation: $165,932
- Related: $0
- Other: $40,327
- Compensation: $163,008
- Related: $0
- Other: $40,327
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.myseiubenefits.org
Where can I find the form 990 for Seiu 775 Benefits Group?
Seiu 775 Benefits Group's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.myseiubenefits.org
Learn more at the official website: www.myseiubenefits.org
Mission Statement of Seiu 775 Benefits Group
SEIU 775 Benefits Group is a dedicated organization that plays a crucial role in supporting the tax-exempt functions of the SEIU Group. The SEIU Group is a composite of the SEIU Healthcare Northwest Training Partnership, the SEIU Secure Retirement Trust, the SEIU Health Benefits Trust, and Carina. By offering administrative assistance and services, SEIU 775 Benefits Group enables these entities to effectively carry out their respective missions.
In essence, the SEIU 775 Benefits Group acts as a backbone organization, facilitating the smooth operation of the SEIU Group as a whole. Its primary focus is on providing essential administrative support, ensuring the optimal functioning of the SEIU Healthcare Northwest Training Partnership, SEIU Secure Retirement Trust, SEIU Health Benefits Trust, and Carina. Each of these entities contributes distinctively to the overarching objectives of the SEIU Group, and the SEIU 775 Benefits Group's role in providing administrative support is instrumental in allowing them to achieve their goals.
By assuming this responsibility, SEIU 775 Benefits Group enables each component of the SEIU Group to concentrate on their core missions. The SEIU Healthcare Northwest Training Partnership focuses on offering training programs, the SEIU Secure Retirement Trust manages retirement benefits, the SEIU Health Benefits Trust administers healthcare benefits, and Carina provides additional services. SEIU 775 Benefits Group's unwavering commitment to providing administrative support allows these entities to effectively serve their constituents, ultimately contributing to the overall success and impact of the SEIU Group.
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Impact
October, 2024
Seiu 775 Benefits Group plays a critical role in enhancing the overall well-being of workers within the SEIU Group. By providing essential administrative support and services, it enables the effective functioning of four key organizations: the SEIU Healthcare Northwest Training Partnership, the SEIU Secure Retirement Trust, the SEIU Health Benefits Trust, and Carina. This support is vital for the facilitation of training and educational initiatives, ensuring that healthcare workers are equipped with the knowledge and skills necessary for their roles.
Additionally, the Benefits Group focuses on promoting secure retirement options and comprehensive health benefits, which directly impact the quality of life for workers and their families. By streamlining operations and maintaining a strong support structure, Seiu 775 Benefits Group fosters a more stable and resilient workforce, ultimately contributing to improved healthcare services in the community. Operating from Seattle, Washington, its mission aids in uplifting the standards and conditions for those within the healthcare sector, reflecting a commitment to education and workforce empowerment.
This information is meant to be a general summary of Seiu 775 Benefits Group. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $50
- Program Service Revenue: $33,092,097
- Gross Receipts: $33,092,147
Assets and Liabilities:
- Total Assets: $8,100,178
- Total Liabilities: $8,100,178
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Shared service support
Revenue
$33,092,097
Organization Details
Founding Year
2021
Phone
(206) 254-7120Principal Officer
Merissa Clyde
Main Address
215 Columbia Street 300, Seattle, WA, 98104
Website
www.myseiubenefits.orgNTEE Category
Code: B30 - Education
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