#150 of 500 · Member & Benefit Funds

Southern California Schools Voluntary Employees Benefits Assoc

EIN 33-0579503 · CA · NTEE n/a · Form 990, fiscal 2023

A not-for-profit health-care benefits trust (a 501(c)(9) voluntary employees' beneficiary association) formed in 1993 by school districts and the labor unions CTA and CSEA. It provides and administers health and welfare benefits, including medical, dental and wellness programs, for education, municipal and public-agency employees across Southern California.

Financials, fiscal 2023

Revenue

$989.3M

Expenses

$991.1M

Total assets

$192.6M

Net assets

$154.2M

Operating margin

-0.2%

1-year growth

6.4%

5-year growth (CAGR)

3.3%

Reserve (years of spending)

1.9

Contributions share

n/a

Programme spending

99.6%

Fundraising cost

n/a

Executive pay share

0.00%

Employees

n/a

Revenue per employee

n/a

Grants paid

n/a

Years filing

30

NFP Health Score: 59 / 100

Financial 36 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

A nonprofit health care trust created by labor and management to serve the people who keep our schools running.

Revenue history