#173 of 500 · Member & Benefit Funds
Steelworkers Health & Welfare Fund
A multiemployer Taft-Hartley trust based in Pittsburgh, Pennsylvania, governed by a board of trustees appointed by the United Steelworkers (USW). Funded by employer contributions under collective bargaining agreements, it provides cost-effective medical, prescription, dental, vision, life, disability and wellness benefits to tens of thousands of USW members, retirees and their families across many employers and industries nationwide.
Open the interactive profileFinancials, fiscal 2023
- Revenue
- $885.0M
- Expenses
- $850.0M
- Total assets
- $105.8M
- Net assets
- $105.8M
- Operating margin
- 4.0%
- 1-year growth
- 6.8%
- 5-year growth (CAGR)
- 2.0%
- Reserve (years of spending)
- 1.5
- Contributions share
- n/a
- Programme spending
- 99.7%
- Fundraising cost
- n/a
- Executive pay share
- 0.02%
- Employees
- 5
- Revenue per employee
- $177.0M
- Grants paid
- n/a
- Years filing
- 74
NFP Health Score: 68 / 100
Financial 40 · 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
| Year | Revenue |
|---|---|
| 2019 | $818.7M |
| 2020 | $804.6M |
| 2021 | $820.6M |
| 2022 | $828.9M |
| 2023 | $885.0M |