NonprofitsSeafarers Health And Benefits Plan

Seafarers Health And Benefits Plan

CAMP SPRINGS, MD

Total revenue

$164.7M

Total expenses

$101.6M

Net assets

$488.0M

Grants received

EIN

135557534

Tax year

2024

Mission

To pay health and welfare benefits to participants.

Programs

2 programs

Under the fund's medical examination program the fund provides for physical examinations and drug screening tests necessary to enable the 7,645 union members to work in covered employment.

The fund provides other ancillary benefits including recreational benefits at 21 locations throughout the united states and us territories and scholarship benefits to dependents of the union members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$136.9M
Investment income$24.0M
Other revenue$3.8M
Total revenue$164.7M

Expenses

Grants paid$75K
Salaries & benefits$2.8M
Fundraising
Other expenses$14.2M
Total expenses$101.6M
Total assets$493.0M
Net assets$488.0M

People

23 listed

NameRoleCompensation

ANTHONY NACCARATO

TRUSTEE

Board

1 hrs/wk

B POWELL

TRUSTEE

Board

1 hrs/wk

DAMON MOTE

TRUSTEE

Board

1 hrs/wk

DEAN CORGEY

TRUSTEE

Board

1 hrs/wk

E YOUNG

TRUSTEE

Board

1 hrs/wk

EDWARD HANLEY

TRUSTEE

Board

1 hrs/wk

GEORGE TRICKER

TRUSTEE

Board

1 hrs/wk

IRA DOUGLAS

TRUSTEE

Board

1 hrs/wk

JOSEPH SORESI

TRUSTEE

Board

1 hrs/wk

MARIO TORREY

TRUSTEE

Board

1 hrs/wk

NICHOLAS MARRONE

TRUSTEE

Board

1 hrs/wk

SCOTT WINFIELD

TRUSTEE

Board

1 hrs/wk

THOMAS ORZECHOWSKI

TRUSTEE

Board

1 hrs/wk

W ASP

ALTERNATE TRUSTEE

Board

1 hrs/wk

J BASELICE

ALTERNATE TRUSTEE

Board

1 hrs/wk

T BRDAK

ALTERNATE TRUSTEE

Board

1 hrs/wk

H GALBISO

ALTERNATE TRUSTEE

Board

1 hrs/wk

J VINCENZO

ALTERNATE TRUSTEE

Board

1 hrs/wk

J ZAVALA

ALTERNATE TRUSTEE

Board

1 hrs/wk

D DEFANTI

ALTERNATE TRUSTEE

Board

1 hrs/wk

ED MORGAN

ALTERNATE TRUSTEE

Board

1 hrs/wk

E YOUNG

ALTERNATE TRUSTEE

Board

1 hrs/wk

MARGARET BOWEN

ADMINISTRATOR

Board

8 hrs/wk

Independent contractors

CIGNA HEALTH & LIFE INSURANCE

CLAIMS PROCESSOR

$2.6M

OUT OF NETWORK SAVINGS PROGRAM

CLAIMS PROCESSOR

$1.8M

ASB CAPITAL MANAGEMENT

INVESTMENT MANAGER

$1.0M

AMWINS RX

CLAIMS PROCESSOR

$205K

WEAVER & TIDWELL LLP

ACCOUNTANT

$139K

Details

EIN135557534
Subsection09
Ruling date1951-11
Formed1950
Employees87
Volunteers0
SEAFARERS HEALTH AND BENEFITS PLAN — Mission, Financials & Grants Received | Grantivo