NFP500

#77 of 500 · Trade, Professional & Labor

Building Service 32Bj Health Fund

EIN 13-2928869 · NY · NTEE J40 · Form 990, fiscal 2023

A New York-based multi-employer, jointly-trusteed (Taft-Hartley) benefit fund, part of the Building Service 32BJ Benefit Funds. It administers health and related benefits for members of SEIU Local 32BJ, the union representing property-service workers such as office cleaners, doormen, and building superintendents across the U.S. Northeast and Mid-Atlantic. It is governed by a board of union and employer trustees with equal voting power.

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Financials, fiscal 2023

Revenue
$1.91B
Expenses
$1.55B
Total assets
$2.60B
Net assets
$2.57B
Operating margin
18.9%
1-year growth
14.0%
5-year growth (CAGR)
5.4%
Reserve (years of spending)
19.9
Contributions share
n/a
Programme spending
97.9%
Fundraising cost
n/a
Executive pay share
0.07%
Employees
329
Revenue per employee
$5.8M
Grants paid
n/a
Years filing
n/a

NFP Health Score: 77 / 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.

Revenue history

YearRevenue
2019$1.55B
2020$1.64B
2021$1.66B
2022$1.68B
2023$1.91B