Based in CAMP SPRINGS, MD, SEAFARERS OFFICERS AND EMPLOYEES WELFARE PLAN operates as a Public Charity. The organization reported $12.3M in revenue, $11.3M in expenses, $13.9M in total assets for fiscal year 2024.
TO COLLECT, PRESERVE AND INVEST THE MONIES AND OTHER THINGS OF VALUE PAID TO THE TRUST; TO PAY AND/OR PROVIDE FOR WELFARE BENEFITS FOR THOSE ELIGIBLE AND THEIR DEPENDENTS AS HERE-AFTER PROVIDED, AND TO PAY FOR THE ESTABLISHMENT AND ADMINISTRATION OF SAID TRUST, AS DETERMINED BY THE TRUSTEES FROM TIME TO TIME.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $12.3M | $11.3M | $13.9M |
| 2023 | $11.8M | $10.6M | $12.1M |
| 2022 | $11.6M | $11.2M | $10.5M |
| 2020 | $10.9M | $10.7M | $9.3M |
| 2019 | $10.4M | $9.6M | $8.7M |
Between 2019 and 2024, reported annual revenue grew from $10.4M to $12.3M (+19%), with total assets most recently reported at $13.9M.
Interactive year-over-year charts and full filing details available with membership.
