SEIU HEALTHCARE NORTHWEST TRAINING PARTNERSHIP

EIN: 510673005 501(c)(3) Education

Seattle, WA

Total Revenue
$40,980,448
Total Expenses
$35,563,187
Total Assets
$16,112,166
Net Assets
$11,326,236
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
WA
Principal Officer
Merissa Clyde
Phone
2062547120
Tax Period
2023-07-01 to 2024-06-30

SEIU HEALTHCARE NORTHWEST TRAINING PARTNERSHIP, founded in 2007, is a mid-sized nonprofit in the Education sector that reported $41.0M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $35.6M left a modest 13% surplus.

Mission

to train and develop professional long- term care workers to deliver high quality care and support to older adults and people with disabilities.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $40,908,393
Investment Income $60,146
Other Revenue $11,909
TOTAL REVENUE $40,980,448

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,347,450
Fundraising Expenses $0
Program Expenses $35,563,187
Other Expenses $19,215,737
TOTAL EXPENSES $35,563,187

Year-over-Year Comparison

2023 2022 Change
Revenue $40,980,448 $33,641,714 +0.2%
Expenses $35,563,187 $39,738,687 -0.1%
Net Income $5,417,261 $-6,096,973 -1.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Adam Glickman CHAIR 1.0
Officer Director
$0 $0 $0
Sterling Harders TRUSTEE 1.0
Director
$0 $0 $0
Sylvia Liang TRUSTEE 1.0
Director
$0 $0 $0
Madeleine Foutch TRUSTEE 1.0
Director
$0 $0 $0
Manuella Prieto TRUSTEE 1.0
Director
$0 $0 $0
Shaine Truscott TRUSTEE 1.0
Director
$0 $0 $0
Dave Budd TRUSTEE 1.0
Director
$0 $0 $0
Nova Gattman TRUSTEE 1.0
Director
$0 $0 $0
Stacy Dym TRUSTEE 1.0
Director
$0 $0 $0
Bea Rector TRUSTEE 1.0
Director
$0 $0 $0
Kristin Peterson TRUSTEE 1.0
Director
$0 $0 $0
Mickey Ogg TRUSTEE 1.0
Director
$0 $0 $0
Julia Weinmaster TRUSTEE 1.0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $40,980,448 $35,563,187 $16,112,166 $5,417,261
2023 $33,641,714 $39,738,687 $13,027,519 $-6,096,973
2022 $32,617,016 $38,406,086 $22,162,889 $-5,789,070
2021 $48,736,628 $48,717,523 $25,255,360 $19,105
2020 $42,334,393 $38,345,728 $23,041,782 $3,988,665
2019 $32,885,504 $32,059,904 $15,944,343 $825,600
2018 $31,644,127 $29,533,784 $14,985,559 $2,110,343
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