Overview
What is Phila Area Indpdnt School Business?
The Phila Area Indpent School Business, whose Filer is located at 301 Iven Avenue 315, Wayne, PA, 19087, is a nonprofit organization that manages a Multiple Employer Welfare Arrangement (MEWA) called the PAISBOA Health Benefit Trust. This trust, treated as a single employee benefit plan under ERISA, aims to provide medical, dental, and vision benefits to approximately 150 independent educational institutions, which are members of PAISBOA and contribute to the trust. The trust's sole purpose is to administer the benefits under the PAISBOA Health Benefit Plan.
Is Phila Area Indpdnt School Business legitimate?
Phila Area Indpdnt School Business is a legitimate nonprofit organization registered as a 501(c)(9) entity. Phila Area Indpdnt School Business 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: $287,485
Professional Fundraising Fees: $0
Other Salaries and Wages: $246,072
For more financial information, click here
What is the mission statement of Phila Area Indpdnt School Business?
The Phila Area Indpendent School Business Health Benefit Trust operates as a Multiple Employer Welfare Arrangement (MEWA) under ERISA. Its primary function is to ensure the provision of benefits under the PAISBOA Health Benefit Plan. The trust offers medical, dental, and vision benefits to approximately 150 participating independent educational institutions that are members of PAISBOA.
Who is the CEO of Phila Area Indpdnt School Business?
Heather Gelting is the Chair of Phila Area Indpdnt School Business.
What is the revenue of Phila Area Indpdnt School Business?
Phila Area Indpdnt School Business's revenue in 2022 was $116,093,885.
Who are the executives of Phila Area Indpdnt School Business and what are their salaries?
The average compensation at Phila Area Indpdnt School Business during 2022 was $177,852. There are 3 employees and 15 volunteers at Phila Area Indpdnt School Business.
Here are 18 key members and their salaries:
- Guy Gilpin (Executive Director - Until 9/22)
- Joan M Barone (Associate Director)
- Martha Scache (Chair) [Trustee/Director]
- Donald Kates (Vice Chair) [Trustee/Director]
- Hal Davidow (Secretary) [Trustee/Director]
- Mark Murray (Treasurer) [Trustee/Director]
- Kristin Heasley (Director)
- Claudine Vita (Director)
- Frank V Aloise Jr (Director)
- Timothy Woods (Director)
- Christine M Schaeffer (Director)
- Michele B Todd (Director)
- Hunt Bartine (Director)
- Kacey Bernard (Director)
- Mark Gibbons (Director)
- Alan Joffe (Director)
- Cynthia Nichols (Director)
- Heather Gelting (Executive Director - Starting 9/22)
Where can I find the form 990 for Phila Area Indpdnt School Business?
The Phila Area Indpdnt School Business’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Phila Area Indpdnt School Business
The Phila Area Indpent School Business, or PAISBOA, is a Multiple Employer Welfare Arrangement (MEWA) treated as a Single Employer Benefit Plan under ERISA. This organization's primary aim is to fulfill the mission of providing benefits under the PAISBOA Health Benefit Plan.
Approximately 150 independent educational institutions that are members of PAISBOA contribute to the PAISBOA Health Benefit Trust. This trust in turn funds the health benefit plan, which currently offers medical, dental, and vision benefits to its members. PAISBOA serves as a crucial intermediary, enabling these educational institutions to pool their resources and offer competitive and comprehensive benefits to their employees and dependents.
By pooling their resources, these institutions not only gain the economies of scale that come with a larger group, but also ensure that they can offer their employees a robust benefits package. The PAISBOA Health Benefit Plan helps these institutions provide valuable benefits to their workforce, enhancing their competitiveness in the job market and contributing to the overall well-being of their employees.
Impact
This information is meant to be a general summary of Phila Area Indpdnt School Business. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The impact of Phila Area Indpdnt School Business, through the PAISBOA Health Benefit Trust, is substantial in providing essential benefits to approximately 150 independent educational institutions in the Philadelphia area. The Trust operates as a Multiple Employer Welfare Arrangement (MEWA) under ERISA, pooling resources to offer medical, dental, and vision benefits to member institutions. By facilitating access to quality healthcare coverage, Phila Area Indpdnt School Business plays a crucial role in supporting the well-being of employees within the independent school sector in Pennsylvania.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER CONTRIBUTIONS
Revenue
$115,694,340
Organization Details
Founding Year
2014
Phone
(484) 580-8844
Principal Officer
Heather Gelting
Main Address
301 IVEN AVENUE 315, WAYNE, PA, 19087
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Phila Area Indpdnt School Business and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.