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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $448,038
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What is the mission statement of Pennsylvania State Education Association Health And Welfare Fund?
The Pennsylvania State Education Association Health and Welfare Fund offers various benefits to the teaching profession and other school employees in the Commonwealth of Pennsylvania. It provides life, travel, accident, and disability income benefits on a fully insured basis, ensuring financial security for its members. For dental and vision coverage, the fund operates on a self-funded basis, with benefits provided through agreements between employers and the plan. The employers contribute participant benefits as per collective bargaining and other agreements. The insured program offers life insurance coverage, while travel, accident, and disability income benefits are insured. The Flexible Benefits Program is an additional feature that offers health care and dependent care reimbursement accounts to eligible participants. In summary, the Pennsylvania State Education Association Health and Welfare Fund aims to support and protect the well-being of the teaching profession and other school employees through comprehensive insurance and benefits offerings.
Who is the CEO of Pennsylvania State Education Association Health And Welfare Fund?
Melvin S Riddick is the Trustee of Pennsylvania State Education Association Health And Welfare Fund.
What is the revenue of Pennsylvania State Education Association Health And Welfare Fund?
Pennsylvania State Education Association Health And Welfare Fund's revenue in 2022 was $13,782,071.
Who are the executives of Pennsylvania State Education Association Health And Welfare Fund and what are their salaries?
There 7 volunteers at Pennsylvania State Education Association Health And Welfare Fund.
Here are 7 key members and their salaries:
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- Related: $94,485
- Other: $69,642
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- Related: $89,793
- Other: $62,117
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Pennsylvania State Education Association Health And Welfare Fund?
Pennsylvania State Education Association Health And Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
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.
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Impact
October, 2024
The Pennsylvania State Education Association Health and Welfare Fund significantly enhances the well-being of educators and school employees in Pennsylvania by offering comprehensive benefits tailored to their needs. This includes life insurance, travel, accident, and disability income benefits, which provide crucial financial support in times of need.
The fund also administers dental and vision benefits on a self-funded basis, ensuring that school employees have access to necessary health services. These benefits are typically negotiated through collective bargaining agreements, reflecting the commitment to addressing the specific health and welfare needs of the education workforce.
Furthermore, the fund offers flexible benefit options that include health care and dependent care reimbursement accounts, allowing participants the flexibility to manage and utilize their benefits effectively. By providing these essential services, the Pennsylvania State Education Association Health and Welfare Fund plays a vital role in promoting the overall health, security, and peace of mind of those dedicated to educating the next generation.
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.
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.
- 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
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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
Phone
(717) 255-7140Principal Officer
Melvin S Riddick
Main Address
400 NORTH THIRD STREET, HARRISBURG, PA, 17101
NTEE Category
Code: Y40 - Mutual benefit
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