NFP500

#413 of 500 · Member & Benefit Funds

Washington Teamster Welfare Trust

EIN 91-6034673 · WA · NTEE n/a · Form 990, fiscal 2023

A self-funded, jointly-managed (Taft-Hartley) multiemployer employee benefit trust founded in 1958. It provides health and welfare benefits - including medical, dental, vision and wellness coverage - to Washington Teamsters union members and their families under collective bargaining agreements. It is administered by Northwest Administrators.

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Financials, fiscal 2023

Revenue
$372.2M
Expenses
$332.8M
Total assets
$369.1M
Net assets
$257.8M
Operating margin
10.6%
1-year growth
4.0%
5-year growth (CAGR)
3.8%
Reserve (years of spending)
9.3
Contributions share
n/a
Programme spending
97.2%
Fundraising cost
n/a
Executive pay share
0.00%
Employees
n/a
Revenue per employee
n/a
Grants paid
n/a
Years filing
64

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$320.8M
2020$330.9M
2021$341.6M
2022$357.9M
2023$372.2M