#21 of 500 · Member & Benefit Funds
Central States Southeast & Southwest Areas Health & Welfare F
A not-for-profit multi-employer, self-funded ERISA health and welfare trust founded in 1950. Jointly administered by labor and management trustees, it provides health, prescription, and welfare benefits to unionized Teamster employees and their dependents. It is among the largest labor healthcare funds in the U.S., covering roughly 500,000 members across many employers.
Open the interactive profileFinancials, fiscal 2023
- Revenue
- $5.01B
- Expenses
- $4.07B
- Total assets
- $14.20B
- Net assets
- $11.65B
- Operating margin
- 18.9%
- 1-year growth
- -2.5%
- 5-year growth (CAGR)
- 4.7%
- Reserve (years of spending)
- 34.4
- Contributions share
- n/a
- Programme spending
- 97.5%
- Fundraising cost
- n/a
- Executive pay share
- 0.09%
- Employees
- 759
- Revenue per employee
- $6.6M
- Grants paid
- n/a
- Years filing
- 64
NFP Health Score: 78 / 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.
Mission
To provide Teamster employees and their families with the very best affordable healthcare.
Revenue history
| Year | Revenue |
|---|---|
| 2019 | $4.18B |
| 2020 | $4.58B |
| 2021 | $4.93B |
| 2022 | $5.14B |
| 2023 | $5.01B |