Pennsylvania State Education Association Health And Welfare Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 232121745 ✦ Harrisburg, PA ✦ Designated as a 501(c)(9)

Overview

What is Pennsylvania State Education Association Health And Welfare Fund?

The Pennsylvania State Education Association Health and Welfare Fund is a nonprofit organization based in Harrisburg, Pennsylvania, specifically located at 400 North Third Street, ZIP code 17101. This self-funded program offers benefits for teaching professionals and other school employees in the Commonwealth of Pennsylvania. The fund provides life, travel, accident, and disability income benefits on a fully insured basis, ensuring financial security for its members in case of unforeseen circumstances. Additionally, dental and vision benefits are offered on a self-funded basis. The Flexible Benefits Program allows eligible participants to utilize healthcare and dependent care reimbursement accounts for customized coverage options.


Is Pennsylvania State Education Association Health And Welfare Fund legitimate?

Pennsylvania State Education Association Health And Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Pennsylvania State Education Association Health And Welfare Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $448,038

For more financial information, click here


What is the mission statement of Pennsylvania State Education Association Health And Welfare Fund?
Who is the CEO of Pennsylvania State Education Association Health And Welfare Fund?
What is the revenue of Pennsylvania State Education Association Health And Welfare Fund?
Who are the executives of Pennsylvania State Education Association Health And Welfare Fund and what are their salaries?
Where can I find the form 990 for Pennsylvania State Education Association Health And Welfare Fund?

Mission Statement of Pennsylvania State Education Association Health And Welfare Fund

The Pennsylvania State Education Association Health and Welfare Fund is a dedicated organization that offers a range of benefits to educators and other school employees in the Commonwealth of Pennsylvania. This non-profit entity provides life, travel, accident, and disability income benefits on a fully insured basis, ensuring financial security for its members in various unforeseen circumstances. In addition, it offers dental and vision benefits on a self-funded basis, allowing participants to customize their coverage according to their needs.

The self-funded dental and vision program empowers employers and the plan to collaborate, resulting in agreements that cater to the participants. Through these agreements, the employers provide benefits to their employees as per collective bargaining and other accords. The insured program, on the other hand, grants life insurance coverage, travel insurance, accident benefits, and disability income benefits, offering peace of mind and protection against potential risks.

Furthermore, the Flexible Benefits Program is an integral part of the Pennsylvania State Education Association Health and Welfare Fund. This program extends healthcare and dependent care reimbursement accounts to eligible participants, enabling them to manage their health and dependent care expenses more effectively. By providing a comprehensive suite of benefits, the Pennsylvania State Education Association Health and Welfare Fund ensures that the teaching profession and other school employees in Pennsylvania are well-supported and protected.

Impact

This information is meant to be a general summary of Pennsylvania State Education Association Health And Welfare Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Pennsylvania State Education Association Health And Welfare Fund has a significant impact on the teaching profession and other school employees in the Commonwealth of Pennsylvania. By providing life, travel, accident, and disability income benefits on a fully insured basis, as well as dental and vision benefits on a self-funded basis, the organization contributes to the well-being and security of its participants. Through agreements between employers and the Fund, participants receive essential benefits in accordance with collective bargaining and other agreements. The Fund's mission to support the health and welfare of educators and school staff underscores its importance in providing crucial support to those who dedicate their careers to education.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $191,453
  • Program Service Revenue: $13,489,556
  • Gross Receipts: $19,096,756

    • Assets and Liabilities:
  • Total Assets: $36,220,851
  • Total Liabilities: $3,028,829
  • Net Assets: $33,192,022
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EMPLOYERS'CONTRIBUTION

    Revenue

    $13,343,328

    ADMINISTRATIVE REVENUE

    Revenue

    $146,228

    Organization Details

    Founding Year

    1980

    Principal Officer

    Melvin S Riddick

    Main Address

    400 NORTH THIRD STREET, HARRISBURG, PA, 17101

    NTEE Category

    Code: Y40 - Mutual benefit

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