Philadelphia Federation Of Teachers Health & Welfare Fund

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

EIN: 231874001 ✦ Philadelphia, PA ✦ Designated as a 501(c)(9)

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Overview

What is Philadelphia Federation Of Teachers Health & Welfare Fund?

The Philadelphia Federation Of Teachers Health & Welfare Fund is a nonprofit organization, located at 1816 Chestnut Street in Philadelphia, Pennsylvania (19103 ZIP code). With approximately 20,000 members, the Fund's mission is dedicated to providing essential health services and benefits to the employees of the Philadelphia School District. This includes offering a supplemental health benefits program to support their overall well-being. The organization, with a team of 23 employees, plays a crucial role in maintaining the health and wellness of the district's workforce.


Official website here: www.pfthw.org

What are the reviews and ratings of this charity?

The Philadelphia Federation Of Teachers Health & Welfare Fund is not currently rated by Charity Navigator due to its non-501(c)(3) status, which limits its evaluation under their standard methodologies focused on Accountability & Finance and Impact & Measurement. This lack of rating does not imply a negative or positive standing but rather reflects an inability to evaluate based on current criteria for charity assessment.

The absence of revenue, expense, and key personnel salary data further complicates comprehensive evaluation by Charity Navigator. Historically, the organization might have been assessed partially under the criteria that are no longer solely indicative of an organization's health due to the inclusion of more comprehensive measures in recent evaluations.

No user reviews from GreatNonprofits are available to provide additional context or perspectives from the community served by the organization or those familiar with its work. This absence of both qualitative and quantitative ratings limits the insight into their operations and impact.


This AI summary has been generated from information found on Charity Navigator.

Is Philadelphia Federation Of Teachers Health & Welfare Fund legitimate?

Philadelphia Federation Of Teachers Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Philadelphia Federation Of Teachers Health & 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 tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,123,514

For more financial information, click here


Official website here: www.pfthw.org

What is the mission statement of Philadelphia Federation Of Teachers Health & Welfare Fund?

The Philadelphia Federation Of Teachers Health & Welfare Fund is dedicated to offering health services and benefits to the employees of the Philadelphia School District. Their primary mission is to enhance the well-being of these employees by providing them with essential health coverages and benefits. With approximately 20,000 members, the Fund strives to ensure that their health needs are met through a comprehensive supplemental health benefits program. By focusing on the health and wellness of the Philadelphia School District employees, the Fund plays a pivotal role in supporting the educational community and enabling them to provide the best possible service to students.


Official website here: www.pfthw.org

Who is the CEO of Philadelphia Federation Of Teachers Health & Welfare Fund?

Arthur Steinberg is the Principal Officer of Philadelphia Federation Of Teachers Health & Welfare Fund.


Official website here: www.pfthw.org

What is the revenue of Philadelphia Federation Of Teachers Health & Welfare Fund?

Philadelphia Federation Of Teachers Health & Welfare Fund's revenue in 2022 was $66,715,748.


Official website here: www.pfthw.org

Who are the executives of Philadelphia Federation Of Teachers Health & Welfare Fund and what are their salaries?

The average compensation at Philadelphia Federation Of Teachers Health & Welfare Fund during 2022 was $48,848. There are 23 employees at Philadelphia Federation Of Teachers Health & Welfare Fund.


Here are 10 key members and their salaries:


Rosalind Jones-Johnson (Education Director)
  • Compensation: $120,128
  • Related: $0
  • Other: $0
Arthur G Steinberg (Chief Trustee)
  • Compensation: $19,847
  • Related: $0
  • Other: $0
Jerry T Jordan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Dimartino (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larisa Shambaugh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Adeshigbin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Uri Monson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Malone (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leshawna Coleman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Hancock (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pfthw.org

Where can I find the form 990 for Philadelphia Federation Of Teachers Health & Welfare Fund?

Philadelphia Federation Of Teachers Health & Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pfthw.org

Learn more at the official website: www.pfthw.org

Mission Statement of Philadelphia Federation Of Teachers Health & Welfare Fund

The Philadelphia Federation Of Teachers Health & Welfare Fund is a nonprofit organization dedicated to delivering health services and benefits to the employees of the Philadelphia School District. In essence, it serves as a vital safety net, ensuring that approximately 20,000 members of the district's workforce have access to essential healthcare coverage.

This philanthropic entity goes beyond the scope of mainstream health insurance programs by providing a supplemental benefits program. By doing so, it addresses the unique needs of the district's employees, offering them peace of mind and financial security. The mission of the Philadelphia Federation Of Teachers Health & Welfare Fund transcends the mere provision of health services; it's about fostering a healthier and more robust workforce for the Philadelphia School District.

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Impact




October, 2024

The Philadelphia Federation of Teachers Health & Welfare Fund plays a vital role in enhancing the well-being of employees in the Philadelphia School District. By providing supplemental health benefits, it serves approximately 20,000 members, ensuring they have access to essential health services. This support helps educators and their families manage healthcare needs more effectively, contributing to a healthier workforce. The Fund's efforts significantly alleviate the financial burden associated with medical expenses, enabling members to focus on their responsibilities in education without the added stress of healthcare costs. Ultimately, the Fund strengthens the community by prioritizing the health and welfare of those who dedicate their lives to teaching.




This information is meant to be a general summary of Philadelphia Federation Of Teachers Health & Welfare Fund. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$66,715,748 (2022)
Expenses
$57,209,392 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $290,844
  • Program Service Revenue: $65,133,008
  • Gross Receipts: $66,715,748

Assets and Liabilities:

  • Total Assets: $45,713,955
  • Total Liabilities: $9,637,680
  • Net Assets: $36,076,275

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Programs

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

CONTRIBUTIONS-SCHOOL DISTRICT

Revenue

$53,134,644

COBRA INCOME

Revenue

$343,495

RETIREE CONTRIBUTIONS

Revenue

$5,531,214

REBATES

Revenue

$6,123,655

Organization Details

Founding Year

1971

Principal Officer

Arthur Steinberg

Main Address

1816 CHESTNUT STREET, PHILADELPHIA, PA, 19103

NTEE Category

Code: Y40 - Mutual benefit

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